According to Emergen Research, the global sound bar market size was USD 5,457.6 million in 2020 and is expected to reach USD 9,625.1 million in 2028 and register a revenue CAGR of 7.3% during the forecast period, 2021-2028. Increasing demand for high-quality soundbars with next-generation features, including wireless connectivity and high compatibility with voice assistants like Alexa and Google Assistance, rising consumer demand for immersive home theater experiences, growing trend of on-demand music streaming and availability of various music streaming platforms including Spotify, JioSaavn, Apple Music, and Amazon Music, and rising disposable incomes of consumers, especially in developing countries like India and China, are other major factors contributing to revenue growth of the global sound bar market.
The report gives an extensive evaluation of the concentration of the Sound Bar market in different regions and countries. With a detailed regional analysis of the Sound Bar market, our research analysts attempt to decipher the hidden growth prospects available for players across the different geographies of the world. They accurately estimate market share, CAGR, production, consumption, price, revenue, and other crucial factors that are responsible for the growth of regional markets studied in the report. They also highlight the presence of prominent players in regional markets and the way it makes a difference in the growth of the markets.
Click the link to get a Free Sample Copy of the Report @https://www.emergenresearch.com/request-sample/984
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. It also offers key insights into financial standing, market reach, global position, gross profit margins, and investment and funding initiatives.
To obtain all-inclusive information on forecast analysis of global market, request a PDF brochure here @https://www.emergenresearch.com/industry-report/sound-bar-market
Major Players/Manufacturers profiled in the report are:
- Bose Corporation
- boAt
- Edifier
- Harman International
- LG Electronics
- Panasonic Corporation
- Polk Audio
- Samsung Electronics Co. Ltd.,
- Sennheiser Electronic GmbH & Co. KG
- Sony Corporation
- Yamaha Corporation
- Plantronics, Inc.
- Koninklijke Philips N.V.
- Vizio Inc.
- TCL Corporation
- 2 Expect LLC
- Altec Lansing Inc.
- B & W Group Ltd.
For the purpose of this report, Emergen Research has segmented the sound bar market based on product type, connectivity, installation type, application, and region:
Product Type Outlook (Revenue, USD Million; 2018–2028)
- Active Soundbar
- Passive Soundbar
Connectivity Outlook (Revenue, USD Million; 2018–2028)
- Wired
- HDMI Cable
- Optical Cable
- Coaxial Cable
- Others
- Wireless
- Wi-Fi
- Bluetooth
- Others
Installation Type Outlook (Revenue, USD Million; 2018–2028)
- Wall-mounted
- Table-top
Application Outlook (Revenue, USD Million; 2018–2028)
- Home Audio Systems
- Music Players
- TV Sets
- Computers
- Others
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Click here for more information @https://www.emergenresearch.com/industry-report/sound-bar-market
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8 year analysis of the Global Sound Bar Market
- Critical assessment of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
Request a customization of the report @https://www.emergenresearch.com/request-for-customization/984
Thank you for reading our report. The report can be customized according to the requirements of the clients. Please get in touch with and our team will ensure the customization is as per your needs.
Read similar reports by Emergen Research:
Data Center Backup And Recovery Solutions Market
https://www.emergenresearch.com/industry-report/data-center-backup-and-recovery-solutions-market
Turntable Market
https://www.emergenresearch.com/industry-report/turntable-market
Emulsifiers Market
https://www.emergenresearch.com/industry-report/emulsifiers-market
Cybersecurity Mesh Market
https://www.emergenresearch.com/industry-report/cybersecurity-mesh-market
Application Performance Monitoring Market
https://www.emergenresearch.com/industry-report/application-performance-monitoring-market
Fc Fusion Protein Market
https://www.emergenresearch.com/industry-report/fc-fusion-protein-market
Aircraft Refurbishing Market
https://www.emergenresearch.com/industry-report/aircraft-refurbishing-market
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services