Market Overview:
The global Loud Speakers 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 loud speakers in personal and commercial applications. In terms of type, the subwoofer speakers segment is expected to lead the global Loud Speakers market during the forecast period, owing to their ability to produce low-frequency sounds with high clarity and precision. In terms of application, the commercial segment is projected to witness higher growth than the personal segment during the forecast period.
Product Definition:
Loudspeakers are devices that convert an electrical signal into sound. They are used in a variety of settings, including homes, businesses, and public spaces. Loudspeakers can be either standalone or part of a larger audio system.
Subwoofer Speakers:
Subwoofer speakers are low-frequency speaker systems that are designed to produce low frequencies ranging between 20Hz to 200Hz. The subwoofers work by contracting the air around a long, flexible rubber membrane; this produces the sound waves. Subwoofer speakers can be placed in several locations in a room; they do not have to be placed on the floor as high-frequency loudspeakers do.
Midrange Speakers:
The term Midrange speakers is used for the speaker systems having a frequency between 4 kHz to 40+ MHz. The range of frequencies considered while determining the Midrange speakers depends on the application area of Loudspeakers. For example, in home theatre applications, mid-rangers are preferred as they provide clarity in speech and sound effects along with deep bass sounds.
Application Insights:
The personal application segment held the largest share of over 70.0% in 2017. The segment is expected to witness significant growth owing to rising adoption of high-quality sound systems in residential as well as commercial places across the globe. Increasing number of individuals owning a pair of headphones has also positively influenced market growth. With the growing demand for music and audio, manufacturers are increasingly focusing on developing innovative products with better quality and features to meet consumer needs.
Commercial applications include corporate offices, hospitality, healthcare facilities and educational institutions among others where loud speakers are used for delivering content (speech), advertising or promotional messages (loudspeakers) or both (announcement).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to growing disposable income, high standard of living, and increasing adoption of home entertainment systems in countries such as the U.S., Canada, and Mexico among others.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing consumer spending on personal electronics.
Growth Factors:
- Increasing demand for portable and wireless speakers
- Rising disposable income of consumers
- Growing trend of using multimedia content
- Proliferation of digital platforms and online music streaming services
- Technological advancements in loudspeaker design and manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Loud Speakers Market Research Report
By Type
Subwoofer Speakers, Midrange Speakers, High-Frequency Horns, Others
By Application
Personal, Commercial
By Companies
Bose, Dei Holdings, Harman International, Voxx International, Yamaha, Atlantic Technology, Bowers & Wilkins, Cambridge Soundworks, Electro-Voice, Bose
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Loud Speakers Market Report Segments:
The global Loud Speakers market is segmented on the basis of:
Types
Subwoofer Speakers, Midrange Speakers, High-Frequency Horns, Others
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
Personal, 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:
- Bose
- Dei Holdings
- Harman International
- Voxx International
- Yamaha
- Atlantic Technology
- Bowers & Wilkins
- Cambridge Soundworks
- Electro-Voice
- Bose
Highlights of The Loud Speakers 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:
- Subwoofer Speakers
- Midrange Speakers
- High-Frequency Horns
- Others
- By Application:
- Personal
- 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 Loud Speakers 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
- 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?
Loud speakers are a type of audio equipment that amplifies sound to a high volume. They are often used in public places such as stadiums and arenas, or in homes where people want to listen to music or watch television.
Some of the major companies in the loud speakers market are Bose, Dei Holdings, Harman International, Voxx International, Yamaha, Atlantic Technology, Bowers & Wilkins, Cambridge Soundworks, Electro-Voice, Bose.
The loud speakers 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 Loud Speakers 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 Loud Speakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Loud Speakers 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 Loud Speakers 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 Loud Speakers Market Size & Forecast, 2018-2028
4.5.1 Loud Speakers Market Size and Y-o-Y Growth
4.5.2 Loud Speakers Market Absolute $ Opportunity
Chapter 5 Global Loud Speakers 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 Loud Speakers Market Size Forecast by Type
5.2.1 Subwoofer Speakers
5.2.2 Midrange Speakers
5.2.3 High-Frequency Horns
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Loud Speakers 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 Loud Speakers Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Loud Speakers 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 Loud Speakers 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 Loud Speakers Analysis and Forecast
9.1 Introduction
9.2 North America Loud Speakers 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 Loud Speakers Market Size Forecast by Type
9.6.1 Subwoofer Speakers
9.6.2 Midrange Speakers
9.6.3 High-Frequency Horns
9.6.4 Others
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 Loud Speakers Market Size Forecast by Applications
9.10.1 Personal
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 Loud Speakers Analysis and Forecast
10.1 Introduction
10.2 Europe Loud Speakers 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 Loud Speakers Market Size Forecast by Type
10.6.1 Subwoofer Speakers
10.6.2 Midrange Speakers
10.6.3 High-Frequency Horns
10.6.4 Others
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 Loud Speakers Market Size Forecast by Applications
10.10.1 Personal
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 Loud Speakers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Loud Speakers 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 Loud Speakers Market Size Forecast by Type
11.6.1 Subwoofer Speakers
11.6.2 Midrange Speakers
11.6.3 High-Frequency Horns
11.6.4 Others
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 Loud Speakers Market Size Forecast by Applications
11.10.1 Personal
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 Loud Speakers Analysis and Forecast
12.1 Introduction
12.2 Latin America Loud Speakers 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 Loud Speakers Market Size Forecast by Type
12.6.1 Subwoofer Speakers
12.6.2 Midrange Speakers
12.6.3 High-Frequency Horns
12.6.4 Others
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 Loud Speakers Market Size Forecast by Applications
12.10.1 Personal
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) Loud Speakers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Loud Speakers 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) Loud Speakers Market Size Forecast by Type
13.6.1 Subwoofer Speakers
13.6.2 Midrange Speakers
13.6.3 High-Frequency Horns
13.6.4 Others
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) Loud Speakers Market Size Forecast by Applications
13.10.1 Personal
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 Loud Speakers Market: Competitive Dashboard
14.2 Global Loud Speakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bose
14.3.2 Dei Holdings
14.3.3 Harman International
14.3.4 Voxx International
14.3.5 Yamaha
14.3.6 Atlantic Technology
14.3.7 Bowers & Wilkins
14.3.8 Cambridge Soundworks
14.3.9 Electro-Voice
14.3.10 Bose
