Market Overview:
The global indoor audio system 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 antimicrobial coatings in various applications, such as medical and commercial textiles. Silver-based antimicrobial coatings are expected to hold a major share of the global indoor audio system market during the forecast period, owing to their high efficacy against a wide range of microorganisms. Zinc-based antimicrobial coatings are also expected to witness significant growth during the forecast period, due to their ability to provide long-term protection against microbial contamination.
Product Definition:
An indoor audio system is a type of sound system that is designed for use in a building or other enclosed space. Indoor audio systems are often used to provide music or other sound effects in public areas such as stores, restaurants, and airports. They can also be used to provide announcements or other information in buildings such as schools and hospitals. Indoor audio systems are important because they can improve the quality of life for people who spend time in public areas by providing pleasant background music or sound effects. They can also help people stay informed about what is going on in their surroundings.
Silver-based Antimicrobial:
The global indoor audio system market size was valued at USD 13.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing disposable income, changing lifestyles, growing population are some of the factors that have been driving this industry globally.
Zinc-based Antimicrobial:
Zinc-based antimicrobial is a natural product and it has the ability to inhibit microbial growth. It can be used in combination with other materials or substances for inhibiting microorganisms such as mold, mildew, dust mites, and bacteria. Zinc-based antimicrobial when applied to audio equipment surfaces reduces the risk of fungal or bacterial growth resulting in extended life of speakers and headphones.
Application Insights:
The other application segment includes food and beverage, hospitality, healthcare, education and retail. The demand for indoor audio system in the hospitality sector is projected to witness a CAGR of XX% from 2018 to 2030 owing to the growing number of hotels across various regions. Furthermore, rising spending by consumers on luxury hotel stays is expected to propel industry growth over the forecast period.
Medical textiles are anticipated to be one of the fastest-growing application segments during the forecast period owing to increasing investments by medical equipment manufacturers in order for patients suffering from hearing loss or deafness due primarily not only their impairment but also their rehabilitation through therapy using Indoor Audio System (IAS).
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to increasing disposable income, growing population, and rising construction activities. Moreover, countries such as China and India are experiencing a boom in the tourism industry owing to various factors such as economic growth and development of infrastructure facilities. The increased spending on luxury hotels by tourists has led to an increase in demand for high-quality audio systems that can provide a soothing ambiance for people attending events or conferences at these places. Thus, all these factors are expected to drive the regional market over the forecast period.
Growth Factors:
- Increasing demand for high-quality audio systems in residential and commercial spaces
- Growing popularity of home automation and smart homes
- Proliferation of digital streaming services and music downloads
- Advances in wireless audio technology and Bluetooth connectivity
- Rising consumer spending on luxury home appliances
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Audio System Market Research Report
By Type
Silver-based Antimicrobial, Zinc-based Antimicrobial, Other
By Application
Medical Textile, Commercial Textile, Other
By Companies
Microban, Sanitized, Rudolf, BioCote, Proneem, Toagosei, Sciessent, Milliken, DuPont, Ishizuka Glass Group, Sinanen Zeomic, Addmaster, Nano-Care, Sarex Chemicals
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Audio System Market Report Segments:
The global Indoor Audio System market is segmented on the basis of:
Types
Silver-based Antimicrobial, Zinc-based Antimicrobial, Other
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
Medical Textile, Commercial Textile, Other
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:
- Microban
- Sanitized
- Rudolf
- BioCote
- Proneem
- Toagosei
- Sciessent
- Milliken
- DuPont
- Ishizuka Glass Group
- Sinanen Zeomic
- Addmaster
- Nano-Care
- Sarex Chemicals
Highlights of The Indoor Audio System 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:
- Silver-based Antimicrobial
- Zinc-based Antimicrobial
- Other
- By Application:
- Medical Textile
- Commercial Textile
- Other
- 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 Indoor Audio System 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An indoor audio system is a set of speakers and an amplifier that are designed to be installed in a room or area where people will be listening to music, movies, or other audio content.
Some of the key players operating in the indoor audio system market are Microban, Sanitized, Rudolf, BioCote, Proneem, Toagosei, Sciessent, Milliken, DuPont, Ishizuka Glass Group, Sinanen Zeomic, Addmaster, Nano-Care, Sarex Chemicals.
The indoor audio system 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 Indoor Audio System 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 Indoor Audio System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indoor Audio System 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 Indoor Audio System 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 Indoor Audio System Market Size & Forecast, 2020-2028
4.5.1 Indoor Audio System Market Size and Y-o-Y Growth
4.5.2 Indoor Audio System 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 Silver-based Antimicrobial
5.2.2 Zinc-based Antimicrobial
5.2.3 Other
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 Medical Textile
6.2.2 Commercial Textile
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor Audio System 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 Indoor Audio System 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 Silver-based Antimicrobial
9.6.2 Zinc-based Antimicrobial
9.6.3 Other
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 Medical Textile
9.10.2 Commercial Textile
9.10.3 Other
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 Silver-based Antimicrobial
10.6.2 Zinc-based Antimicrobial
10.6.3 Other
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 Medical Textile
10.10.2 Commercial Textile
10.10.3 Other
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 Silver-based Antimicrobial
11.6.2 Zinc-based Antimicrobial
11.6.3 Other
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 Medical Textile
11.10.2 Commercial Textile
11.10.3 Other
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 Silver-based Antimicrobial
12.6.2 Zinc-based Antimicrobial
12.6.3 Other
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 Medical Textile
12.10.2 Commercial Textile
12.10.3 Other
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 Silver-based Antimicrobial
13.6.2 Zinc-based Antimicrobial
13.6.3 Other
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 Medical Textile
13.10.2 Commercial Textile
13.10.3 Other
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 Indoor Audio System Market: Competitive Dashboard
14.2 Global Indoor Audio System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microban
14.3.2 Sanitized
14.3.3 Rudolf
14.3.4 BioCote
14.3.5 Proneem
14.3.6 Toagosei
14.3.7 Sciessent
14.3.8 Milliken
14.3.9 DuPont
14.3.10 Ishizuka Glass Group
14.3.11 Sinanen Zeomic
14.3.12 Addmaster
14.3.13 Nano-Care
14.3.14 Sarex Chemicals
