Home Theater Market to Record $ 3.23 Bn Incremental Growth | Top Vendors Include Bose Corp., Koninklijke Philips NV, and LG Electronics Inc. Among Others| Analyzing Growth in Consumer Electronics Industry | Technavio
The "Home Theater Market by Product and Geography - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
NEW YORK, Sept. 21, 2021 /PRNewswire/ -- The potential growth difference for the home theater market between 2021 and 2025 is USD 3.23 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
The rise in disposable income is one of the key market drivers. However, the high cost of home theatre systems will challenge market growth.
The home theater market report is segmented by product (home theater speakers and soundbars) and geography (APAC, Europe, North America, MEA, and South America). APAC will be the leading region with 47% of the market's growth during the forecast period. China and Japan are the key markets for home theater in APAC.
View our sample reportfor accurate prediction of the contribution of all the segments, and regional opportunities in store.
Companies Mentioned with their Offerings
Bose Corp. - The company offers different types of home theatre such as lifestyle 650 home entertainment system, bose bass module 700, bose tv speaker, and others.
Koninklijke Philips NV - The company offers different types and sizes of home theatres such as two speakers, 5.1 multimedia speakers, party speakers, and others.
LG Electronics Inc.
Logitech International SA
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Key Topics Covered:
Five Forces Analysis
Market Segmentation by Product
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