Market Overview:
The global ceiling loudspeakers 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 ceiling loudspeakers in commercial and communal applications. In terms of type, the less than 95dB loudspeakers segment is expected to account for the largest share of the global ceiling loudspeakers market during the forecast period. This can be attributed to their low price and easy installation as compared to other types of ceiling loudspeakers. In terms of region, North America is expected to account for the largest share of the global ceiling loudspeaker market duringthe forecast period followed by Europe and Asia Pacific.
Product Definition:
Ceiling loudspeakers are speakers that are installed in the ceiling. They are used to provide sound reinforcement in a room. Ceiling loudspeakers can be used for music or speech, and they can be used to provide background music or to support a PA system.
Less Than 95dB Loudspeakers:
The global less than 95dB speakers market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
95-100dB Loudspeakers:
95-100dB loudspeakers are used in ceiling speakers for providing high volume sound without any distortion. They are widely used in commercial and residential applications such as open offices, gyms, showrooms & stores, hotels ballrooms and restaurants to provide a clear audio signal throughout the room.
The primary function of 95-100dB loudspeakers is to deliver an unadulterated audio signal with the best possible fidelity.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The demand for ceiling speakers is increasing owing to their ability to create a premium sound experience in various commercial spaces, such as hotels, restaurants and shopping malls. Increasing number of entertainment options along with rising disposable income levels has led to an increase in the number of entertainment complexes across the globe. This development is expected to further drive product demand over the forecast period.
The communal application segment was valued at USD 1,227.6 million in 2017 and is expected to witness significant growth over the forecast period on account of growing construction activities within residential complexes and housing societies across various regions including North America, Europe, Asia Pacific and Middle East & Africa countries).
Regional Analysis:
North America dominated the global ceiling loudspeakers market in 2017. The region is expected to witness a considerable CAGR over the forecast period. This growth can be attributed to increasing investments in commercial construction sector of North America, which will lead to an increase in demand for high-quality audio systems and public address systems. In addition, rising adoption of smart speakers and other connected devices is anticipated to fuel regional product demand over the next eight years.
Asia Pacific region is projected to register significant growth during the forecast period owing to rapid urbanization and growing population across countries such as China, India, Japan etc., which will result into increased spending on various infrastructure projects including hotels & restaurants; offices; malls; hospitals etc.
Growth Factors:
- Increasing demand for high-quality audio systems in commercial and residential spaces
- Growing popularity of home theaters and multi-room audio systems
- Proliferation of smart homes and voice-activated assistants
- Rising demand for ceiling loudspeakers in the automotive industry
- Technological advancements that improve sound quality and reduce installation time
Scope Of The Report
Report Attributes
Report Details
Report Title
Ceiling Loudspeakers Market Research Report
By Type
Less Than 95dB Loudspeakers, 95-100dB Loudspeakers, More Than 100dB Loudspeakers
By Application
Commercial, Communal
By Companies
Joiwo, Telea Tecnovision, Edwards Signaling, Federal Signal, Axis Communications, Hubbell, Johnson Controls, Bosch, TOA, Penton, Ohm, Bowers & Wilkins
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Ceiling Loudspeakers Market Report Segments:
The global Ceiling Loudspeakers market is segmented on the basis of:
Types
Less Than 95dB Loudspeakers, 95-100dB Loudspeakers, More Than 100dB Loudspeakers
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
Commercial, Communal
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:
- Joiwo
- Telea Tecnovision
- Edwards Signaling
- Federal Signal
- Axis Communications
- Hubbell
- Johnson Controls
- Bosch
- TOA
- Penton
- Ohm
- Bowers & Wilkins
Highlights of The Ceiling Loudspeakers 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:
- Less Than 95dB Loudspeakers
- 95-100dB Loudspeakers
- More Than 100dB Loudspeakers
- By Application:
- Commercial
- Communal
- 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 Ceiling Loudspeakers 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
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Ceiling loudspeakers are a type of sound system that is installed on the ceiling of a room. They use acoustic technology to project sound waves into the room, which can then be heard by people who are in the room. Ceiling loudspeakers can be used for a variety of purposes, including music playback, movie watching, and speech recognition.
Some of the major players in the ceiling loudspeakers market are Joiwo, Telea Tecnovision, Edwards Signaling, Federal Signal, Axis Communications, Hubbell, Johnson Controls, Bosch, TOA, Penton, Ohm, Bowers & Wilkins.
The ceiling loudspeakers 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 Ceiling Loudspeakers 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 Ceiling Loudspeakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ceiling Loudspeakers 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 Ceiling Loudspeakers 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 Ceiling Loudspeakers Market Size & Forecast, 2020-2028
4.5.1 Ceiling Loudspeakers Market Size and Y-o-Y Growth
4.5.2 Ceiling Loudspeakers 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 Less Than 95dB Loudspeakers
5.2.2 95-100dB Loudspeakers
5.2.3 More Than 100dB Loudspeakers
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 Commercial
6.2.2 Communal
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ceiling Loudspeakers 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 Ceiling Loudspeakers 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 Less Than 95dB Loudspeakers
9.6.2 95-100dB Loudspeakers
9.6.3 More Than 100dB Loudspeakers
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 Commercial
9.10.2 Communal
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 Less Than 95dB Loudspeakers
10.6.2 95-100dB Loudspeakers
10.6.3 More Than 100dB Loudspeakers
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 Commercial
10.10.2 Communal
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 Less Than 95dB Loudspeakers
11.6.2 95-100dB Loudspeakers
11.6.3 More Than 100dB Loudspeakers
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 Commercial
11.10.2 Communal
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 Less Than 95dB Loudspeakers
12.6.2 95-100dB Loudspeakers
12.6.3 More Than 100dB Loudspeakers
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 Commercial
12.10.2 Communal
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 Less Than 95dB Loudspeakers
13.6.2 95-100dB Loudspeakers
13.6.3 More Than 100dB Loudspeakers
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 Commercial
13.10.2 Communal
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 Ceiling Loudspeakers Market: Competitive Dashboard
14.2 Global Ceiling Loudspeakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Joiwo
14.3.2 Telea Tecnovision
14.3.3 Edwards Signaling
14.3.4 Federal Signal
14.3.5 Axis Communications
14.3.6 Hubbell
14.3.7 Johnson Controls
14.3.8 Bosch
14.3.9 TOA
14.3.10 Penton
14.3.11 Ohm
14.3.12 Bowers & Wilkins
