Soundbars Market

The global Soundbars market was valued at 29.45 Million USD in 2021 and will grow with a CAGR of 13.69% from 2021 to 2027, based on Research newly published report.
 

The prime objective of Soundbars Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Soundbars Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A soundbar, also called a speakerbar, is a special speaker with multiple drivers, which is much wider than it is tall, and always put above a computer monitor or under a television or home theater screen. It can significantly improve the sound experience of consumers, without complex matters of surround sound speakers, wiring, etc. for whole family Theatre.The Soundbars is classified into the Wall-mounted Type, Mobile Type, according to the installation method. As of 2017, Mobile Type segment occupied the largest market share contributing more than 97% of the total market. Depending on application, the Soundbars is mainly applied in Home Audio, Commercial. As of 2017, demand for a Soundbars for a Home Audio dominated the largest market, with 85.28% market share.
By Market Verdors:

• Samsung
• Vizio Inc.
• Sony
• LG
• Bose
• Yamaha
• Sonos
• Sound United
• VOXX
• Sharp
• Philips
• Panasonic
• JVC
• ZVOX Audio
• ILive
• Martin Logan
• Edifier

By Types:

• Wall-mounted Type
• Mobile Type

By Applications:

• Home Audio
• Commercial

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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