The global surround sound system market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for immersive audio experience in theaters and households. The increasing adoption of surround sound systems in commercial buildings is also driving the growth of this market. However, high cost associated with installation and maintenance are restraining the growth of this market. The global surround sound system market has been segmented on the basis of type into Dolby Surround, Dolby PrLogic, Dolby Digital, DTS; on the basis of application into theater and household; and on regional basis into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The introduction of new technologies such as Dolby Atmos and DTS:X has led to the growth of the surround sound system market.
- The increasing demand for home theaters is also a factor that is driving the growth of this market.
- The increasing number of people who are willing to spend on high-end audio systems is another factor that is driving the growth of this market.
- The growing popularity of gaming consoles such as Xbox One, PlayStation 4, and Nintendo Switch has also led to an increase in demand for surround sound systems in homes across North America and Europe, which has further fueled the growth of this market over recent years.
- Increasing disposable income levels among consumers in emerging economies such as China and India have also contributed towards the growth of this market.
Industry Growth Insights published a new data on “Surround Sound System Market”. The research report is titled “Surround Sound System Market research by Types (Dolby Surround, Dolby Pro-Logic, Dolby Digital, DTS), By Applications (Theater, Household, Commercial Building, Others), By Players/Companies Pioneer Electronics (USA), Klipsch Group, Harman International Industries, SONY, Onkyo USA Corporation, Yamaha, BOSE CORPORATION, Definitive Technology, Klipsch Group, SAMSUNG, LG Electronics, VIZIO, KEF”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Surround Sound System Market Research Report
By Type
Dolby Surround, Dolby Pro-Logic, Dolby Digital, DTS
By Application
Theater, Household, Commercial Building, Others
By Companies
Pioneer Electronics (USA), Klipsch Group, Harman International Industries, SONY, Onkyo USA Corporation, Yamaha, BOSE CORPORATION, Definitive Technology, Klipsch Group, SAMSUNG, LG Electronics, VIZIO, KEF
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Surround Sound System Market Report Segments:
The global Surround Sound System market is segmented on the basis of:
Types
Dolby Surround, Dolby Pro-Logic, Dolby Digital, DTS
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
Theater, Household, Commercial Building, 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:
- Pioneer Electronics (USA)
- Klipsch Group
- Harman International Industries
- SONY
- Onkyo USA Corporation
- Yamaha
- BOSE CORPORATION
- Definitive Technology
- Klipsch Group
- SAMSUNG
- LG Electronics
- VIZIO
- KEF
Highlights of The Surround Sound 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:
- Dolby Surround
- Dolby Pro-Logic
- Dolby Digital
- DTS
- By Application:
- Theater
- Household
- Commercial Building
- 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 Surround Sound 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.
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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 surround sound system is a set of audio equipment that allows you to hear the sounds from all directions.
Some of the major companies in the surround sound system market are Pioneer Electronics (USA), Klipsch Group, Harman International Industries, SONY, Onkyo USA Corporation, Yamaha, BOSE CORPORATION, Definitive Technology, Klipsch Group, SAMSUNG, LG Electronics, VIZIO, KEF.
The surround sound system 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. Surround Sound System 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. Surround Sound System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Surround Sound System Market - Supply Chain
4.5. Global Surround Sound System Market Forecast
4.5.1. Surround Sound System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Surround Sound System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Surround Sound System Market Absolute $ Opportunity
5. Global Surround Sound System 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. Surround Sound System Market Size and Volume Forecast by Type
5.3.1. Dolby Surround
5.3.2. Dolby Pro-Logic
5.3.3. Dolby Digital
5.3.4. DTS
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Surround Sound System 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. Surround Sound System Market Size and Volume Forecast by Application
6.3.1. Theater
6.3.2. Household
6.3.3. Commercial Building
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Surround Sound System 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. Surround Sound System 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 Surround Sound System 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. Surround Sound System 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 Surround Sound System Demand Share Forecast, 2019-2026
9. North America Surround Sound System 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 Surround Sound System 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 Surround Sound System Market Size and Volume Forecast by Application
9.4.1. Theater
9.4.2. Household
9.4.3. Commercial Building
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 Surround Sound System Market Size and Volume Forecast by Type
9.7.1. Dolby Surround
9.7.2. Dolby Pro-Logic
9.7.3. Dolby Digital
9.7.4. DTS
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 Surround Sound System Demand Share Forecast, 2019-2026
10. Latin America Surround Sound System 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 Surround Sound System 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 Surround Sound System Market Size and Volume Forecast by Application
10.4.1. Theater
10.4.2. Household
10.4.3. Commercial Building
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 Surround Sound System Market Size and Volume Forecast by Type
10.7.1. Dolby Surround
10.7.2. Dolby Pro-Logic
10.7.3. Dolby Digital
10.7.4. DTS
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 Surround Sound System Demand Share Forecast, 2019-2026
11. Europe Surround Sound System 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 Surround Sound System 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 Surround Sound System Market Size and Volume Forecast by Application
11.4.1. Theater
11.4.2. Household
11.4.3. Commercial Building
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 Surround Sound System Market Size and Volume Forecast by Type
11.7.1. Dolby Surround
11.7.2. Dolby Pro-Logic
11.7.3. Dolby Digital
11.7.4. DTS
11.8. Basis Point Share (BPS) Analysis byType
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 Surround Sound System Demand Share, 2019-2026
12. Asia Pacific Surround Sound System 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 Surround Sound System 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 Surround Sound System Market Size and Volume Forecast by Application
12.4.1. Theater
12.4.2. Household
12.4.3. Commercial Building
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 Surround Sound System Market Size and Volume Forecast by Type
12.7.1. Dolby Surround
12.7.2. Dolby Pro-Logic
12.7.3. Dolby Digital
12.7.4. DTS
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 Surround Sound System Demand Share, 2019-2026
13. Middle East & Africa Surround Sound System 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 Surround Sound System 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 Surround Sound System Market Size and Volume Forecast by Application
13.4.1. Theater
13.4.2. Household
13.4.3. Commercial Building
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 Surround Sound System Market Size and Volume Forecast by Type
13.7.1. Dolby Surround
13.7.2. Dolby Pro-Logic
13.7.3. Dolby Digital
13.7.4. DTS
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 Surround Sound System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Surround Sound System Market: Market Share Analysis
14.2. Surround Sound System Distributors and Customers
14.3. Surround Sound System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pioneer Electronics (USA)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Klipsch Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Harman International Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SONY
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Onkyo USA Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yamaha
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BOSE CORPORATION
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Definitive Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Klipsch Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SAMSUNG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. LG Electronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. VIZIO
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. KEF
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