Market Overview:
The global Bluetooth ceiling speaker market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wireless audio systems, rising adoption of smart homes, and growing demand for portable speakers. The global Bluetooth ceiling speaker market is segmented on the basis of type into active Bluetooth ceiling speakers and passive Bluetooth ceiling speakers. Active Bluetooth ceiling speakers are further segmented into two types: embedded and non-embedded. Passive Bluetooth Ceiling Speakers are those that do not have an amplifier within them and need an external amplifier in order to work; these are further sub-segmented into two types: wired passive and wireless passive.
Product Definition:
A Bluetooth ceiling speaker is a type of loudspeaker that is designed to be mounted in the ceiling. They are often used in commercial settings, such as retail stores and restaurants, to provide music or sound effects. Bluetooth ceiling speakers can also be used in homes, particularly as part of a home theater system.
Active Bluetooth Ceiling Speaker:
Active Bluetooth Ceiling Speaker is a wireless speaker that can be fixed on the ceiling using screws. It has an inbuilt rechargeable battery and supports Bluetooth connectivity. The active part of the product refers to its ability to work even after the power source gets cut off from the main unit, as it draws power from a separate battery.
The growth factor for this market is attributed to growing adoption of smart homes and consumer preference towards wireless speakers over wired ones due to added convenience.
Passive Bluetooth Ceiling Speaker:
Passive Bluetooth Ceiling Speaker is a wireless speaker that works through Bluetooth. It has a built-in mic for handsfree calls and also supports A2DP (Audio to Device Protocol) for streaming audio from any compatible device such as smartphone, tablet or laptop. The main advantage of using this product is that it does not need to be connected with the power source; instead, it gets its power through the wireless connection between the paired devices.
Application Insights:
The commercial application segment dominated the global market with a revenue share of over 60% in 2017. The growth can be attributed to the increasing adoption of these speakers in hotels, restaurants and shopping malls among other public places. Moreover, key players have launched their products in the commercial sector which has further propelled demand. For instance, Jabra introduced its Bluetooth ceiling speakerphone system named as ¢â‚¬ËœTalkBuds¢â‚¬â„¢ for business meetings and calls which has been highly popular among corporate offices. Similarly, Bose Corporation launched a sound system for commercial spaces named as SoundStation II CS which is equipped with noise cancellation technology to provide an immersive experience to customers listening through earphones or speakers at conference tables or group study rooms.
Household application is expected register notable gains owing to increased consumer spending on home entertainment systems including smart TVs along with rising R&D investments by key players such as Samsung Electronics Co.
Regional Analysis:
The market in North America is expected to be driven by the increasing demand for smart home and connected devices. The region accounted for more than 35% of the global revenue share in 2017, which can be attributed to high consumer preference towards wireless technology coupled with a large number of vendors offering products based on Bluetooth technology. Moreover, growing adoption of smartphones, tablets, and other mobile devices has led to an increase in demand for such speakers over the past few years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income among consumers especially in developing countries such as India and China along with increased spending on household improvement including installation of advanced audio/visual systems including ceiling-mounted speakers.
Growth Factors:
- Increasing demand for wireless audio devices: The global Bluetooth ceiling speaker market is expected to grow at a CAGR of over 9% during the forecast period. This can be attributed to the increasing demand for wireless audio devices, such as Bluetooth ceiling speakers, among consumers due to their ease of use and portability.
- Growing popularity of home theaters: Home theaters are becoming increasingly popular, which is driving the demand for Bluetooth ceiling speakers. These speakers offer an immersive experience and are perfect for watching movies or playing games.
- Rising disposable income levels: With rising disposable income levels, consumers are increasingly spending on luxury items such as Bluetooth ceiling speakers. This is providing a boost to the market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bluetooth Ceiling Speaker Market Research Report
By Type
Active Bluetooth Ceiling Speaker, Passive Bluetooth Ceiling Speaker
By Application
Household, Commercial
By Companies
MartinLogan, Yamaha, Leviton Manufacturing Company, Klipsch Audio Technologies, Definitive Technology, SpeakerCraft, Polk Audio
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Bluetooth Ceiling Speaker Market Report Segments:
The global Bluetooth Ceiling Speaker market is segmented on the basis of:
Types
Active Bluetooth Ceiling Speaker, Passive Bluetooth Ceiling Speaker
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MartinLogan
- Yamaha
- Leviton Manufacturing Company
- Klipsch Audio Technologies
- Definitive Technology
- SpeakerCraft
- Polk Audio
Highlights of The Bluetooth Ceiling Speaker Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Active Bluetooth Ceiling Speaker
- Passive Bluetooth Ceiling Speaker
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bluetooth Ceiling Speaker Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bluetooth Ceiling Speaker is a wireless speaker that can be attached to the ceiling. It has a built-in microphone and allows you to listen to music or audio books from anywhere in the room.
Some of the major players in the bluetooth ceiling speaker market are MartinLogan, Yamaha, Leviton Manufacturing Company, Klipsch Audio Technologies, Definitive Technology, SpeakerCraft, Polk Audio.
The bluetooth ceiling speaker market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bluetooth Ceiling Speaker Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bluetooth Ceiling Speaker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bluetooth Ceiling Speaker Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bluetooth Ceiling Speaker Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bluetooth Ceiling Speaker Market Size & Forecast, 2020-2028
4.5.1 Bluetooth Ceiling Speaker Market Size and Y-o-Y Growth
4.5.2 Bluetooth Ceiling Speaker Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Active Bluetooth Ceiling Speaker
5.2.2 Passive Bluetooth Ceiling Speaker
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bluetooth Ceiling Speaker Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bluetooth Ceiling Speaker Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Active Bluetooth Ceiling Speaker
9.6.2 Passive Bluetooth Ceiling Speaker
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Active Bluetooth Ceiling Speaker
10.6.2 Passive Bluetooth Ceiling Speaker
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Active Bluetooth Ceiling Speaker
11.6.2 Passive Bluetooth Ceiling Speaker
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Active Bluetooth Ceiling Speaker
12.6.2 Passive Bluetooth Ceiling Speaker
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Active Bluetooth Ceiling Speaker
13.6.2 Passive Bluetooth Ceiling Speaker
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bluetooth Ceiling Speaker Market: Competitive Dashboard
14.2 Global Bluetooth Ceiling Speaker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MartinLogan
14.3.2 Yamaha
14.3.3 Leviton Manufacturing Company
14.3.4 Klipsch Audio Technologies
14.3.5 Definitive Technology
14.3.6 SpeakerCraft
14.3.7 Polk Audio
