Global and China Stereo Amplifier Market Insights, Forecast to 2027

A stereo system is a way of playing sound that appears more realistic as the sound comes from two speakers or channels. Amplifier is a device that increases the signal strength of an electronic input. Stereo amplifier receives low power electronic sound from an outside source and amplifies or increases the sound level of the electronic signal.
The use of Stereo amplifiers mainly focuses on Vehicle Use and Entertainment Use. As people's living standards have improved, the affordability of such electronic products has increased, and people's quality of life requirements have also continued to increase, so the consumption of Stereo amplifiers is also rising. Vehicle Use accounting for 74% of the total market. However, Vehicle Use's Stereo amplifiers are generally smaller in size and cheaper in price, with a revenue share of only 52% of the total market. In addition, the growth rate of automobile sales has slowed in recent years, and the growth rate of Stereo amplifiers for Vehicle Use has also decreased year by year. The Stereo amplifiers of Entertainment Use only accounted for 25% of the sales volume in 2019, but their revenue share accounted for 47%. The outbreak of Covid-19 in 2020 limits people's entertainment activities to a limited area, and the demand for home audio and audio equipment has increased significantly, which has also driven the sales of Stereo amplifiers.
The production share of Stereo amplifiers is mainly concentrated in the hands of Japanese manufacturers. Sony, Yamaha, Pioneer and JVC Kenwood account for more than half of the total market. The consumer areas of Stereo amplifiers are mainly concentrated in Asia Pacific, Europe and North America. In 2019, the Europe region accounted for 33% of the total market, followed by Asia Pacific and North America with 32% and 30%, respectively.

Market Analysis and Insights: Global and China Stereo Amplifier Market
This report focuses on global and China Stereo Amplifier market.
In 2020, the global Stereo Amplifier market size was US$ 270.8 million and it is expected to reach US$ 371.3 million by the end of 2027, with a CAGR of 4.6% during 2021-2027. In China the Stereo Amplifier market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Stereo Amplifier Scope and Market Size
Stereo Amplifier market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Stereo Amplifier market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Stereo Amplifier market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Two Channel Amplifier
Multichannel Amplifier

Segment by Application
Vehicle Use
Entertainment Use

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Sony
Yamaha
Pioneer
JVC Kenwood
Krell Industries LLC.
Onkyo
Sound United, LLC.
Cambridge Audio
Roksan Audio
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