Sound Bar Market
Sound Bar Market - Global Industry Assessment & Forecast
#
Pages:
141
2022
Apr - 2022
VMR-1468
Segments Covered
By
Type Wall-Mounted, Tabletop, Others
-
By
Installation Method Active Soundbar, Passive Soundbar, Others
-
By
Connectivity Wi-Fi, Bluetooth, Others
-
By
Application Home Audio, Commercial, Others
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 5480.63 Million |
 Revenue 2030:
|
USD 6942.68 Million |
 Revenue CAGR
(2023 - 2030): |
3.00% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Sound Bar Market by Type by Installation Method by Connectivity by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Sound Bar supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Sound Bar market size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Sound Bar supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Sound Bar market.
Vantage Market
Research | 14-Apr-2022
FAQ
Frequently Asked Question
What is the global demand for Sound Bar in terms of revenue?
-
The global Sound Bar valued at USD 5480.63 Million in 2022 and is expected to reach USD 6942.68 Million in 2030 growing at a CAGR of 3.00%.
Which are the prominent players in the market?
-
The prominent players in the market are Bose Corporation, Edifier, Harman International Industries, LG Electronics, Panasonic Corporation, Polk Audio, Samsung, Sennheiser Electronic GmbH & Co. KG, Sony Corporation and Yamaha Corporation.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Sound Bar include
- Growing demand for OTT (over the top) on-demand media platforms
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Sound Bar in 2022.
