Market Overview:
The global wall-mounted 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 wall-mounted audio systems from various end users, such as medical textile, commercial textile, and other applications. In terms of type, the silver-based antimicrobial segment is expected to hold a major share of the global wall-mounted audio system market during the forecast period. This can be attributed to its properties such as high durability and resistance against corrosion. In terms of region, North America is expected to hold a major share of the global wall-mounted audio system market during the forecast period.
Product Definition:
A wall-mounted audio system is a speaker system that is mounted to the wall. This type of speaker system can provide better sound quality than traditional floor or ceiling-mounted speakers, because the sound waves are not bouncing off of surfaces before they reach the listener. Wall-mounted audio systems are often used in home theaters or other rooms where high-quality sound is important.
Silver-based Antimicrobial:
The global wall-mounted audio system market size was valued at USD 6.6 billion in 2016 and is expected to witness a growth of 5.9% over the forecast period. The rising demand for sophisticated home theatre systems coupled with increasing disposable income is anticipated to drive the industry growth over the forecast period.
Zinc-based Antimicrobial:
Zinc-based antimicrobial is a coating applied to the surface of an audio equipment or device which inhibits the growth of microbes and bacteria. It also prevents them from adhering to or colonizing the surface. Zinc-based antimicrobial can be applied by various methods including vapor deposition, powder coatings, dip pen application and electroless zinc plating. The most commonly used method for commercial applications is electroless zinc plating due to its ease of use and cost effectiveness.
Application Insights:
The other application segment includes residential applications, such as hotels, restaurants and entertainment complexes. The commercial textile industry is expected to be the fastest-growing segment over the forecast period owing to rising demand for wall-mounted audio system in various commercial spaces including hospitals, clinics and medical centers, corporate offices and retail stores.
Medical textiles are expected to witness significant growth due to increasing demand for antimicrobial silver-based products from healthcare institutions across the globe. These systems help maintain space constraints in hospitals while providing a premium listening experience that encourages patients¢â‚¬â„¢ loyalty towards providers. Furthermore, these systems enhance patient safety by improving communication between healthcare professionals and their staffs.
The global market has witnessed an increase in product launches over recent years by major players such as Panasonic Corporation; Samsung Electronics Co., Ltd.; Harman International Industries Inc.; Bose Corporation; Onkyo Electric Corp.; Avantium Technologies BV; Audio Pro Technology Co., Ltd.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing demand for innovative and technologically advanced products along with growing preference for home-based audio systems in the region. Moreover, rising number of commercial buildings such as hotels, restaurants, malls and corporate offices is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the coming years owing to rapid urbanization coupled with increasing disposable income levels in developing countries such as India and China. In addition, rising construction activities due to expanding population are likely boost regional product demand over forecast period. Europe also accounted for a significant share of revenue generated by wall-mounted audio system globally on account of high adoption rate of this technology across major economies including Germany and U.K., which are also leading producers of sound systems including turntables and amplifiers – vinyl records– worldwide (GVA Research 2016).
Growth Factors:
- Increasing demand for home entertainment systems
- Growing popularity of wall-mounted audio systems over traditional audio systems
- Rising disposable income of consumers
- Technological advancements in the field of audio equipment manufacturing
- Proliferation of online retailing
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall-mounted 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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Wall-mounted Audio System Market Report Segments:
The global Wall-mounted 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 Wall-mounted 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 Wall-mounted 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
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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?
A wall-mounted audio system is a type of home entertainment system that is mounted on the wall. This type of system typically includes a stereo receiver, speakers, and an amplifier.
Some of the major companies in the wall-mounted audio system market are Microban, Sanitized, Rudolf, BioCote, Proneem, Toagosei, Sciessent, Milliken, DuPont, Ishizuka Glass Group, Sinanen Zeomic, Addmaster, Nano-Care, Sarex Chemicals.
The wall-mounted 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 Wall-mounted 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 Wall-mounted Audio System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wall-mounted 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 Wall-mounted 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 Wall-mounted Audio System Market Size & Forecast, 2020-2028
4.5.1 Wall-mounted Audio System Market Size and Y-o-Y Growth
4.5.2 Wall-mounted 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 Wall-mounted 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 Wall-mounted 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 Wall-mounted Audio System Market: Competitive Dashboard
14.2 Global Wall-mounted 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
