Market Overview:
The global home cinema systems market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for home cinema systems from end users, especially in developed countries. In addition, the growing trend of online shopping is also contributing to the growth of this market. On the basis of type, the global home cinema systems market can be segmented into 2.1 speaker system, 5.1 speaker system, 7.1 speaker system and others segments. Among these segments, 5.1 speaker system held a dominant share in 2017 and is expected to maintain its dominance during the forecast period as well owing to its high quality sound output and features such as surround sound effect and bass boost mode that enhances user experience while watching movies or listening music at home. On account of application, supermarkets/hypermarkets accounted for a major share in 2017 followed by convenience stores due to rising demand for premium products among consumers across different regions globally .
Product Definition:
Home cinema systems are a great way to improve the quality of your home entertainment experience. They provide a great surround sound effect and can make watching movies or playing video games much more enjoyable. Home cinema systems are also a good way to improve the audio quality of your music listening experience.
2.1 Speaker System:
2.1 speaker system is a conventional type of home cinema systems which consists of two speakers and one or more amplifier or receiver. The basic design goal for 2.1 speaker system was to provide good sound quality without any external amp, hence it's called as a "poor man's surround sound".
5.1 Speaker System:
5.1 speaker system is a set of speakers with five speakers and one subwoofer which forms the basic home cinema sound setup. The system uses left, right, center, surround and subwoofer channels to deliver rich audio experience to the user.
Application Insights:
The others application segment dominated the global home cinema systems market in 2017, accounting for a share of over 40.0%. The segment includes corporate offices, hospitality and healthcare facilities, educational institutions, and other public venues such as museums and libraries. Increasing adoption of smart systems with integrated Chromecast technology to pipe-in music or videos from mobile devices or computers to the big screen is driving the demand for home cinema systems in this category. Furthermore, increasing use of these products by hotels to pipe-in their promotional content is expected to drive growth over the forecast period.
The supermarkets/hypermarkets application segment accounted for a significant share in 2017 owing to rising consumer spending on entertainment activities such as watching movies at theaters but not at home due to high ticket prices involved thereon. With growing disposable income among consumers across developing countries like India and China owing to rapid economic growth along with technological advancements in media & entertainment industry on account of streaming services proliferation has led retailers including Walmart Inc.
Regional Analysis:
North America dominated the global home cinema systems market in 2017. The region is expected to maintain its position during the forecast period. This growth can be attributed to increasing consumer awareness regarding advanced technologies, high disposable income, and easy availability of products in North America. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income levels and changing lifestyle of consumers towards a sedentary one, thereby leading them towards adopting an entertainment system at their homes for watching movies or listening music privately with friends and family. Moreover, growing penetration of online retailing will further drive demand for these systems in this region as consumers are preferring buying such products from online retailers rather than going into physical stores due to space constraints or lack of appropriate product knowledge among store owners about these systems.
Growth Factors:
- Increasing demand for home cinema systems owing to the rise in disposable income and changing lifestyle of people.
- Proliferation of digital content such as movies, music, and games available online has led to an increase in demand for home cinema systems.
- Advent of new technologies such as 4K Ultra HD that offer superior quality audio-visual experience is driving the growth of the market.
- Growing popularity of smart homes has resulted in an increase in demand for home cinema systems that can be integrated with other smart devices present in a household.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Cinema Systems Market Research Report
By Type
2.1 Speaker System, 5.1 Speaker System, 7.1 Speaker System, Others
By Application
Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, Others
By Companies
Bose, Boston Acoustics, LG Electronics, TANNOY, WATERFALL, CASTLE, Bowers & Wilkins, Elipson, FOCAL, klipsch, CABASSE, Loewe, Sonance, Wharfedale
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 Home Cinema Systems Market Report Segments:
The global Home Cinema Systems market is segmented on the basis of:
Types
2.1 Speaker System, 5.1 Speaker System, 7.1 Speaker System, 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
Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, Others
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
- Boston Acoustics
- LG Electronics
- TANNOY
- WATERFALL
- CASTLE
- Bowers & Wilkins
- Elipson
- FOCAL
- klipsch
- CABASSE
- Loewe
- Sonance
- Wharfedale
Highlights of The Home Cinema Systems 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:
- 2.1 Speaker System
- 5.1 Speaker System
- 7.1 Speaker System
- Others
- By Application:
- Supermarkets/Hypermarkets
- Convenience Stores
- Independent Retailers
- Online Sales
- Others
- 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 Home Cinema Systems 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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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
Home cinema systems are a type of home entertainment system that allow users to watch movies and television shows on large, high-definition screens. Home cinema systems typically include a receiver, speakers, and an associated media player (such as a Blu-ray player or DVD player).
Some of the key players operating in the home cinema systems market are Bose, Boston Acoustics, LG Electronics, TANNOY, WATERFALL, CASTLE, Bowers & Wilkins, Elipson, FOCAL, klipsch, CABASSE, Loewe, Sonance, Wharfedale.
The home cinema systems market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Home Cinema Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Home Cinema Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Home Cinema Systems Market - Supply Chain
4.5. Global Home Cinema Systems Market Forecast
4.5.1. Home Cinema Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Home Cinema Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Home Cinema Systems Market Absolute $ Opportunity
5. Global Home Cinema Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Home Cinema Systems Market Size and Volume Forecast by Type
5.3.1. 2.1 Speaker System
5.3.2. 5.1 Speaker System
5.3.3. 7.1 Speaker System
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Home Cinema Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Home Cinema Systems Market Size and Volume Forecast by Application
6.3.1. Supermarkets/Hypermarkets
6.3.2. Convenience Stores
6.3.3. Independent Retailers
6.3.4. Online Sales
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Home Cinema Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Home Cinema Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Home Cinema Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Home Cinema Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Home Cinema Systems Demand Share Forecast, 2019-2026
9. North America Home Cinema Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Home Cinema Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Home Cinema Systems Market Size and Volume Forecast by Application
9.4.1. Supermarkets/Hypermarkets
9.4.2. Convenience Stores
9.4.3. Independent Retailers
9.4.4. Online Sales
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Home Cinema Systems Market Size and Volume Forecast by Type
9.7.1. 2.1 Speaker System
9.7.2. 5.1 Speaker System
9.7.3. 7.1 Speaker System
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Home Cinema Systems Demand Share Forecast, 2019-2026
10. Latin America Home Cinema Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Home Cinema Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Home Cinema Systems Market Size and Volume Forecast by Application
10.4.1. Supermarkets/Hypermarkets
10.4.2. Convenience Stores
10.4.3. Independent Retailers
10.4.4. Online Sales
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Home Cinema Systems Market Size and Volume Forecast by Type
10.7.1. 2.1 Speaker System
10.7.2. 5.1 Speaker System
10.7.3. 7.1 Speaker System
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Home Cinema Systems Demand Share Forecast, 2019-2026
11. Europe Home Cinema Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Home Cinema Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Home Cinema Systems Market Size and Volume Forecast by Application
11.4.1. Supermarkets/Hypermarkets
11.4.2. Convenience Stores
11.4.3. Independent Retailers
11.4.4. Online Sales
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Home Cinema Systems Market Size and Volume Forecast by Type
11.7.1. 2.1 Speaker System
11.7.2. 5.1 Speaker System
11..3. 7.1 Speaker System
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Home Cinema Systems Demand Share, 2019-2026
12. Asia Pacific Home Cinema Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Home Cinema Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Home Cinema Systems Market Size and Volume Forecast by Application
12.4.1. Supermarkets/Hypermarkets
12.4.2. Convenience Stores
12.4.3. Independent Retailers
12.4.4. Online Sales
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Home Cinema Systems Market Size and Volume Forecast by Type
12.7.1. 2.1 Speaker System
12.7.2. 5.1 Speaker System
12.7.3. 7.1 Speaker System
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Home Cinema Systems Demand Share, 2019-2026
13. Middle East & Africa Home Cinema Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Home Cinema Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Home Cinema Systems Market Size and Volume Forecast by Application
13.4.1. Supermarkets/Hypermarkets
13.4.2. Convenience Stores
13.4.3. Independent Retailers
13.4.4. Online Sales
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Home Cinema Systems Market Size and Volume Forecast by Type
13.7.1. 2.1 Speaker System
13.7.2. 5.1 Speaker System
13.7.3. 7.1 Speaker System
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Home Cinema Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Home Cinema Systems Market: Market Share Analysis
14.2. Home Cinema Systems Distributors and Customers
14.3. Home Cinema Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bose
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boston Acoustics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LG Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TANNOY
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. WATERFALL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CASTLE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bowers & Wilkins
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Elipson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. FOCAL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. klipsch
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CABASSE
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Loewe
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sonance
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Wharfedale
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
