Global Soundbars Market Growth 2019-2024

A soundbar, also called a speakerbar, is a special speaker with multiple drivers, which is much wider than it is tall, and always put above a computer monitor or under a television or home theater screen. It can significantly improve the sound experience of consumers, without complex matters of surround sound speakers, wiring, etc. for whole family Theatre.
The Soundbars is classified into the Wall-mounted Type, Mobile Type, according to the installation method. As of 2017, Mobile Type segment occupied the largest market share contributing more than 97% of the total market. Depending on application, the Soundbars is mainly applied in Home Audio, Commercial. As of 2017, demand for a Soundbars for a Home Audio dominated the largest market, with 85.28% market share.

According to this study, over the next five years the Soundbars market will register a 14.7% CAGR in terms of revenue, the global market size will reach US$ 5770 million by 2024, from US$ 2900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Soundbars business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Soundbars market by product type, application, key manufacturers and key regions and countries.

This study considers the Soundbars value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Wall-mounted Type
Mobile Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Home Audio
Commercial

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Samsung
Vizio Inc.
Sony
LG
Bose
Yamaha
Sonos
Sound United
VOXX
Sharp
Philips
Panasonic
JVC
ZVOX Audio
ILive
Martin Logan
Edifier

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Soundbars consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Soundbars market by identifying its various subsegments.
Focuses on the key global Soundbars manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Soundbars with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Soundbars submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.