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Asia Pacific Home Audio Equipment Market Size, Share & Industry Trends Analysis Report By Technology (Wireless, and Wired), By Distribution Channel (Online, and Offline), By Type, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 133 Pages
  • September 2023
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5903666
The Asia Pacific Home Audio Equipment Market would witness market growth of 11.9% CAGR during the forecast period (2023-2030).

Home audio equipment is a type of audio equipment that mimics the theater experience at home using consumer electronics-grade video and audio technology. It has many parts, including surround sound receivers, shelf stereos, and a home entertainment system with a projector. The demand for high-end home audio equipment has surged due to the popularity of over-the-top (OTT) services. Increasingly, audio information is transmitted via wireless networks like Bluetooth that may be connected to handheld gadgets. This is a key factor positively impacting the market ahead.

Additionally, a movement in consumer preference favors high-performance home theater systems, and an increase in demand for improved user experiences is favorable for market growth. Further, an upsurge in disposable income, growing urbanization and industrialization rates, technical advancements, and new manufacturer product developments all contribute to the market's expansion.

Home audio equipment in the Asia Pacific region finds various applications across various countries and cultures. Entertainment and music playback are the most common applications of home audio equipment in Asia Pacific homes. In many Asian cultures, music, and sound are integral to religious and cultural ceremonies. Home audio equipment plays religious chants, music, and other audio during various rituals and festivals. All these elements collectively are anticipated to support the growth of the regional market.

The China market dominated the Asia Pacific Home Audio Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,397 Million by 2030. The India market is registering a CAGR of 11.2% during (2023 - 2030). Additionally, The Japan would showcase a CAGR of 12.6% during (2023 - 2030).

Based on Technology, the market is segmented into Wireless, and Wired. Based on Distribution Channel, the market is segmented into Online, and Offline. Based on Type, the market is segmented into Home Audio Speakers & Systems, Home Theater in-a-box, Home Radios, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nimble Holdings Company Limited, Cambridge Audio, Bose Corporation, Dolby Laboratories, Inc., XPERI INC., Harman International Industries, Inc., Intex Technologies, JVCKENWOOD Corporation, LG Electronics and Nakamichi Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Technology
  • Wireless
  • Wired
By Distribution Channel
  • Online
  • Offline
By Type
  • Home Audio Speakers & Systems
  • Home Theater in-a-box
  • Home Radios
  • Others
By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:


  • Nimble Holdings Company Limited
  • Cambridge Audio
  • Bose Corporation
  • Dolby Laboratories, Inc.
  • XPERI INC.
  • Harman International Industries, Inc.
  • Intex Technologies
  • JVCKENWOOD Corporation
  • LG Electronics
  • Nakamichi Corporation

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Home Audio Equipment Market, by Technology
1.4.2 Asia Pacific Home Audio Equipment Market, by Distribution Channel
1.4.3 Asia Pacific Home Audio Equipment Market, by Type
1.4.4 Asia Pacific Home Audio Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2022, Jul - 2023, Aug) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. Asia Pacific Home Audio Equipment Market by Technology
5.1 Asia Pacific Wireless Market by Country
5.2 Asia Pacific Wired Market by Country
Chapter 6. Asia Pacific Home Audio Equipment Market by Distribution Channel
6.1 Asia Pacific Online Market by Country
6.2 Asia Pacific Offline Market by Country
Chapter 7. Asia Pacific Home Audio Equipment Market by Type
7.1 Asia Pacific Home Audio Speakers & Systems Market by Country
7.2 Asia Pacific Home Theater in-a-box Market by Country
7.3 Asia Pacific Home Radios Market by Country
7.4 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Home Audio Equipment Market by Country
8.1 China Home Audio Equipment Market
8.1.1 China Home Audio Equipment Market by Technology
8.1.2 China Home Audio Equipment Market by Distribution Channel
8.1.3 China Home Audio Equipment Market by Type
8.2 India Home Audio Equipment Market
8.2.1 India Home Audio Equipment Market by Technology
8.2.2 India Home Audio Equipment Market by Distribution Channel
8.2.3 India Home Audio Equipment Market by Type
8.3 Japan Home Audio Equipment Market
8.3.1 Japan Home Audio Equipment Market by Technology
8.3.2 Japan Home Audio Equipment Market by Distribution Channel
8.3.3 Japan Home Audio Equipment Market by Type
8.4 South Korea Home Audio Equipment Market
8.4.1 South Korea Home Audio Equipment Market by Technology
8.4.2 South Korea Home Audio Equipment Market by Distribution Channel
8.4.3 South Korea Home Audio Equipment Market by Type
8.5 Australia Home Audio Equipment Market
8.5.1 Australia Home Audio Equipment Market by Technology
8.5.2 Australia Home Audio Equipment Market by Distribution Channel
8.5.3 Australia Home Audio Equipment Market by Type
8.6 Malaysia Home Audio Equipment Market
8.6.1 Malaysia Home Audio Equipment Market by Technology
8.6.2 Malaysia Home Audio Equipment Market by Distribution Channel
8.6.3 Malaysia Home Audio Equipment Market by Type
8.7 Rest of Asia Pacific Home Audio Equipment Market
8.7.1 Rest of Asia Pacific Home Audio Equipment Market by Technology
8.7.2 Rest of Asia Pacific Home Audio Equipment Market by Distribution Channel
8.7.3 Rest of Asia Pacific Home Audio Equipment Market by Type
Chapter 9. Company Profiles
9.1 Nimble Holdings Company Limited (Akai Electric Company Ltd.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Cambridge Audio (Audio Partnerships PLC)
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.2.2 Product Launches and Product Expansions:
9.2.3 SWOT Analysis
9.3 Bose Corporation
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Partnerships, Collaborations, and Agreements:
9.3.2.2 Product Launches and Product Expansions:
9.3.3 SWOT Analysis
9.4 Dolby Laboratories, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 XPERI INC.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 HARMAN International Industries (Samsung Electronics Co., Ltd.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Intex Technologies
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 JVCKENWOOD Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional & Segmental Analysis
9.8.4 Research & Development Expenses
9.8.5 SWOT Analysis
9.9 LG Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Nakamichi Corporation
9.10.1 Company Overview
9.10.2 SWOT Analysis

Companies Mentioned

  • Nimble Holdings Company Limited
  • Cambridge Audio
  • Bose Corporation
  • Dolby Laboratories, Inc.
  • XPERI INC.
  • Harman International Industries, Inc.
  • Intex Technologies
  • JVCKENWOOD Corporation
  • LG Electronics
  • Nakamichi Corporation

Methodology

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