Soundbar Market 2021-2025 | COVID-19 Impact & Recovery Analysis | Technavio

The soundbar market is set to grow by USD 2.07 billion, progressing at a CAGR of almost 8% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 2 Expect LLC, Altec Lansing Inc., B & W Group Ltd., Bose Corp., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., Sharp Corp., and Sony Corp. are some of the major market participants. The increase in the number of smart homes will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Soundbar Market 2021-2025: Segmentation

Soundbar Market is segmented as below:

• Application 

• Music Players 

• TV Sets 

• Computers

• Geography 

• North America

• Europe

• APAC 

• South America

• MEA

Soundbar Market 2021-2025: Vendor Analysis and Scope

Some of the major vendors of the soundbar market in the consumer electronics industry include 2 Expect LLC, Altec Lansing Inc., B & W Group Ltd., Bose Corp., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., Sharp Corp., and Sony Corp. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.

The report also covers the following areas:

• Soundbar Market size 

• Soundbar Market trends 

• Soundbar Market industry analysis

The soundbar market is fragmented, and the degree of fragmentation will accelerate. The increase in the number of smart homes will offer immense growth opportunities. However, the presence of counterfeit products will hamper the market growth.

Backed with competitive intelligence and benchmarking, our research report on the soundbar market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Related Reports on Consumer Discretionary Include:

Global Automotive Audio Speakers Market - Global automotive audio speakers market is segmented by application (passenger vehicles and commercial vehicles) and geography (APAC, Europe, North America, South America, and MEA).

Global Music Synthesizers Market - Global music synthesizers market is segmented by distribution channel (retail stores and online), type (digital synthesizers and analog synthesizers), and geography (North America, APAC, Europe, MEA, and South America).

Soundbar Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025 

Detailed information on factors that will assist soundbar market growth during the next five years 

Estimation of the soundbar market size and its contribution to the parent market 

Predictions on upcoming trends and changes in consumer behavior 

The growth of the soundbar market 

Analysis of the market's competitive landscape and detailed information on vendors 

Comprehensive details of factors that will challenge the growth of soundbar market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem 

• Value chain analysis

Market Sizing

• Market definition 

• Market segment analysis 

• Market size 2020 

• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five forces summary 

• Bargaining power of buyers 

• Bargaining power of suppliers 

• Threat of new entrants 

• Threat of substitutes 

• Threat of rivalry 

• Market condition

Market Segmentation by Application

• Market segments 

• Comparison by Application 

• Music players - Market size and forecast 2020-2025 

• TV sets - Market size and forecast 2020-2025 

• Computers - Market size and forecast 2020-2025 

• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation 

• Geographic comparison 

• North America - Market size and forecast 2020-2025 

• Europe - Market size and forecast 2020-2025 

• APAC - Market size and forecast 2020-2025 

• South America - Market size and forecast 2020-2025 

• MEA - Market size and forecast 2020-2025 

• Key leading countries 

• Market opportunity by geography 

• Market drivers 

• Market challenges 

• Market trends

Vendor Landscape

• Overview 

• Vendor landscape 

• Landscape disruption

Vendor Analysis

• Vendors covered 

• Market positioning of vendors 

• 2 Expect LLC 

• Altec Lansing Inc. 

• B & W Group Ltd. 

• Bose Corp. 

• Koninklijke Philips NV 

• LG Electronics Inc. 

• Panasonic Corp. 

• Samsung Electronics Co. Ltd. 

• Sharp Corp. 

• Sony Corp.

Appendix

• Scope of the report 

• Currency conversion rates for US$ 

• Research methodology 

• List of abbreviations

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