Market Overview:
The global Loudspeaker Unit market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the Loudspeaker Unit market can be attributed to the increasing demand for home audio and automotive applications. In terms of type, the cone type loudspeaker unit is expected to hold a major share of the global Loudspeaker Unit market during the forecast period. This can be attributed to its low cost and easy installation.
Product Definition:
A loudspeaker unit is a device that converts electrical energy into sound waves. It consists of a driver, typically a cone or dome driver, and a cabinet. The importance of loudspeaker units is that they allow people to listen to music and other audio content.
Cone Type Loudspeaker Unit:
Cone type loudspeaker unit is a device that projects sound from a single speaker through an open cone. The design of the loudspeaker helps in dispersing the sound waves in all directions. Cone speakers are inexpensive and easy to build; they also have lessened chances of feedback compared to box speakers, which makes them suitable for applications where high audio quality is required at low cost.
Dome Type Loudspeaker Unit:
The domed speaker unit is a type of loudspeaker that was developed in the early days of sound reproduction technology. The design consists of a metal or plastic frame that is generally round or oval in shape and encapsulates an electromagnetic driver (generator). The first commercial example of such speakers was the German “Membrane” system launched in 1928, which used aluminum as a diaphragm material.
Application Insights:
The home audio application segment dominated the global market in 2017. The growing demand for high-quality sound systems at homes, apartments and commercial places is one of the major factors driving the growth of this segment. Moreover, increasing consumer preference for music and movie playback from their smartphones through loud speakers has increased product demand in this application over recent years.
The automotive sector is expected to emerge as a key application area over the forecast period owing to rising adoption of these products by automobile manufacturers globally. Increasing sales of premium vehicles with state-of-the-art entertainment systems are encouraging automobile manufacturers to include loud speakers with such systems in order to provide an enhanced customer experience while traveling in cars or trucks. Besides, technological advancements that have made it possible for carmakersto integrate Bluetooth connectivity into their vehicle infotainment systemswithout using any external devices are likely to boost industry growth further over next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 5.9% over the forecast period, owing to increasing demand for high-quality audio equipment from countries such as U.S., Canada, and Mexico among others. Moreover, rising adoption of smart devices that come with built-in loud speakers is anticipated to drive the regional market further.
Asia Pacific is projected to be one of the fastest growing regions during the forecast period owing to rapid urbanization and industrialization in countries such as China and India among others are expected boost product demand majorly for public address systems applications in restaurants, malls, airports etc.
Growth Factors:
- Increasing demand for loudspeaker units from the automotive sector as a result of the increasing adoption of advanced technologies in vehicles.
- The growing popularity of portable and wireless speakers, which is boosting the demand for loudspeaker units.
- Rising disposable income levels in developing countries are propelling the growth of the global loudspeaker unit market.
- Growing awareness about sound quality and its importance is driving consumers to purchase high-end loudspeaker units.
- The increasing penetration of digital audio players and smartphones is providing a major impetus to the growth of the global loudspeaker unit market
Scope Of The Report
Report Attributes
Report Details
Report Title
Loudspeaker Unit Market Research Report
By Type
Cone Type Loudspeaker Unit, Dome Type Loudspeaker Unit, Horn Type Loudspeaker Unit, Flat Panel Loudspeaker Unit, Belt Loudspeaker Unit, Heil Loudspeaker Unit
By Application
Home audio, TV, Automotive, Others
By Companies
ENGEL, Sumitomo (SHI), HMD, Mitsubishi Heavy Industries, Okuma, Mazak, BAOJI MACHINE TOOL GROUP, Star CNC Machine Tool Corp, CML USA, MG, Anhui Donghai Machine, Toko Manufacturing
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Loudspeaker Unit Market Report Segments:
The global Loudspeaker Unit market is segmented on the basis of:
Types
Cone Type Loudspeaker Unit, Dome Type Loudspeaker Unit, Horn Type Loudspeaker Unit, Flat Panel Loudspeaker Unit, Belt Loudspeaker Unit, Heil Loudspeaker Unit
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
Home audio, TV, Automotive, 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:
- ENGEL
- Sumitomo (SHI)
- HMD
- Mitsubishi Heavy Industries
- Okuma
- Mazak
- BAOJI MACHINE TOOL GROUP
- Star CNC Machine Tool Corp
- CML USA
- MG
- Anhui Donghai Machine
- Toko Manufacturing
Highlights of The Loudspeaker Unit 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:
- Cone Type Loudspeaker Unit
- Dome Type Loudspeaker Unit
- Horn Type Loudspeaker Unit
- Flat Panel Loudspeaker Unit
- Belt Loudspeaker Unit
- Heil Loudspeaker Unit
- By Application:
- Home audio
- TV
- Automotive
- 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 Loudspeaker Unit 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:
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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 Loudspeaker Unit is a component of a sound system that amplifies audio signals.
Some of the major players in the loudspeaker unit market are ENGEL, Sumitomo (SHI), HMD, Mitsubishi Heavy Industries, Okuma, Mazak, BAOJI MACHINE TOOL GROUP, Star CNC Machine Tool Corp, CML USA, MG, Anhui Donghai Machine, Toko Manufacturing.
The loudspeaker unit market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Loudspeaker Unit 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. Loudspeaker Unit Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Loudspeaker Unit Market - Supply Chain
4.5. Global Loudspeaker Unit Market Forecast
4.5.1. Loudspeaker Unit Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Loudspeaker Unit Market Size (000 Units) and Y-o-Y Growth
4.5.3. Loudspeaker Unit Market Absolute $ Opportunity
5. Global Loudspeaker Unit 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. Loudspeaker Unit Market Size and Volume Forecast by Type
5.3.1. Cone Type Loudspeaker Unit
5.3.2. Dome Type Loudspeaker Unit
5.3.3. Horn Type Loudspeaker Unit
5.3.4. Flat Panel Loudspeaker Unit
5.3.5. Belt Loudspeaker Unit
5.3.6. Heil Loudspeaker Unit
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Loudspeaker Unit 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. Loudspeaker Unit Market Size and Volume Forecast by Application
6.3.1. Home audio
6.3.2. TV
6.3.3. Automotive
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Loudspeaker Unit 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. Loudspeaker Unit 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 Loudspeaker Unit 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. Loudspeaker Unit 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 Loudspeaker Unit Demand Share Forecast, 2019-2026
9. North America Loudspeaker Unit 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 Loudspeaker Unit 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 Loudspeaker Unit Market Size and Volume Forecast by Application
9.4.1. Home audio
9.4.2. TV
9.4.3. Automotive
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Loudspeaker Unit Market Size and Volume Forecast by Type
9.7.1. Cone Type Loudspeaker Unit
9.7.2. Dome Type Loudspeaker Unit
9.7.3. Horn Type Loudspeaker Unit
9.7.4. Flat Panel Loudspeaker Unit
9.7.5. Belt Loudspeaker Unit
9.7.6. Heil Loudspeaker Unit
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 Loudspeaker Unit Demand Share Forecast, 2019-2026
10. Latin America Loudspeaker Unit 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 Loudspeaker Unit 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 Loudspeaker Unit Market Size and Volume Forecast by Application
10.4.1. Home audio
10.4.2. TV
10.4.3. Automotive
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Loudspeaker Unit Market Size and Volume Forecast by Type
10.7.1. Cone Type Loudspeaker Unit
10.7.2. Dome Type Loudspeaker Unit
10.7.3. Horn Type Loudspeaker Unit
10.7.4. Flat Panel Loudspeaker Unit
10.7.5. Belt Loudspeaker Unit
10.7.6. Heil Loudspeaker Unit
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 Loudspeaker Unit Demand Share Forecast, 2019-2026
11. Europe Loudspeaker Unit 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 Loudspeaker Unit 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 Loudspeaker Unit Market Size and Volume Forecast by Application
11.4.1. Home audio
11.4.2. TV
11.4.3. Automotive
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Loudspeaker Unit Market Size and Volume Forecast by Type
11.7.1. Cone Type Loudspeaker Unit
11.7.2. Dome Type Loudspeaker Unit
11.7.3. Horn Type Loudspeaker Unit
11.7.4. Flat Panel Loudspeaker Unit
11.7.5. Belt Loudspeaker Unt
11.7.6. Heil Loudspeaker Unit
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 Loudspeaker Unit Demand Share, 2019-2026
12. Asia Pacific Loudspeaker Unit 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 Loudspeaker Unit 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 Loudspeaker Unit Market Size and Volume Forecast by Application
12.4.1. Home audio
12.4.2. TV
12.4.3. Automotive
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Loudspeaker Unit Market Size and Volume Forecast by Type
12.7.1. Cone Type Loudspeaker Unit
12.7.2. Dome Type Loudspeaker Unit
12.7.3. Horn Type Loudspeaker Unit
12.7.4. Flat Panel Loudspeaker Unit
12.7.5. Belt Loudspeaker Unit
12.7.6. Heil Loudspeaker Unit
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 Loudspeaker Unit Demand Share, 2019-2026
13. Middle East & Africa Loudspeaker Unit 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 Loudspeaker Unit 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 Loudspeaker Unit Market Size and Volume Forecast by Application
13.4.1. Home audio
13.4.2. TV
13.4.3. Automotive
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Loudspeaker Unit Market Size and Volume Forecast by Type
13.7.1. Cone Type Loudspeaker Unit
13.7.2. Dome Type Loudspeaker Unit
13.7.3. Horn Type Loudspeaker Unit
13.7.4. Flat Panel Loudspeaker Unit
13.7.5. Belt Loudspeaker Unit
13.7.6. Heil Loudspeaker Unit
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 Loudspeaker Unit Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Loudspeaker Unit Market: Market Share Analysis
14.2. Loudspeaker Unit Distributors and Customers
14.3. Loudspeaker Unit Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ENGEL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sumitomo (SHI)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HMD
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitsubishi Heavy Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Okuma
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mazak
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BAOJI MACHINE TOOL GROUP
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Star CNC Machine Tool Corp
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CML USA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Anhui Donghai Machine
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Toko Manufacturing
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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