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Europe 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

  • 131 Pages
  • September 2023
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5903667
The Europe Home Audio Equipment Market would witness market growth of 11.5% CAGR during the forecast period (2023-2030).

Realistic home audio equipment is expected to experience significant expansion. Because consumers' discretionary incomes are expected to rise in the following years, they will be driven by consumers' desire for high-performance home theater experiences. Additionally, it is anticipated that manufacturers will emphasize televisions' built-in audio quality less, raising the need for external audio solutions and driving market expansion. The consumer electronics industry has also released AI integration products, boosting market growth. These factors will further support the market's development during the forecast period.

Adopting numerous digital technologies in consumer electronics products and sizable investments from producers who place a premium on providing customers with high-quality experiences are responsible for market growth. The trend of electronic item reduction is spreading quickly around the globe. Portable and lightweight electronics are getting more and more well-liked by consumers. The widespread use of small electric types is causing the market to grow.

The EU provides numerous financial options to enhance the tourism industry in the region. Due to this, the government has launched various supportive initiatives. For instance, “Calypso,” an initiative launched by the EU’s government, concentrated on social tourism for underprivileged youngsters, elderly people, and people with mobility issues. These efforts are predicted to support the regional expansion of the tourism and hospitality sector. The increasing number of hotels across the European nations will propel the requirement for smart devices to be used in hotel rooms. This will increase the need for home audio equipment, further supporting the regional market's growth.

The Germany market dominated the Europe Home Audio Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,118.6 Million by 2030. The UK market exhibits a CAGR of 10.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 12.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

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 Europe Home Audio Equipment Market, by Technology
1.4.2 Europe Home Audio Equipment Market, by Distribution Channel
1.4.3 Europe Home Audio Equipment Market, by Type
1.4.4 Europe 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. Europe Home Audio Equipment Market by Technology
5.1 Europe Wireless Market by Country
5.2 Europe Wired Market by Country
Chapter 6. Europe Home Audio Equipment Market by Distribution Channel
6.1 Europe Online Market by Country
6.2 Europe Offline Market by Country
Chapter 7. Europe Home Audio Equipment Market by Type
7.1 Europe Home Audio Speakers & Systems Market by Country
7.2 Europe Home Theater in-a-box Market by Country
7.3 Europe Home Radios Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Home Audio Equipment Market by Country
8.1 Germany Home Audio Equipment Market
8.1.1 Germany Home Audio Equipment Market by Technology
8.1.2 Germany Home Audio Equipment Market by Distribution Channel
8.1.3 Germany Home Audio Equipment Market by Type
8.2 UK Home Audio Equipment Market
8.2.1 UK Home Audio Equipment Market by Technology
8.2.2 UK Home Audio Equipment Market by Distribution Channel
8.2.3 UK Home Audio Equipment Market by Type
8.3 France Home Audio Equipment Market
8.3.1 France Home Audio Equipment Market by Technology
8.3.2 France Home Audio Equipment Market by Distribution Channel
8.3.3 France Home Audio Equipment Market by Type
8.4 Russia Home Audio Equipment Market
8.4.1 Russia Home Audio Equipment Market by Technology
8.4.2 Russia Home Audio Equipment Market by Distribution Channel
8.4.3 Russia Home Audio Equipment Market by Type
8.5 Spain Home Audio Equipment Market
8.5.1 Spain Home Audio Equipment Market by Technology
8.5.2 Spain Home Audio Equipment Market by Distribution Channel
8.5.3 Spain Home Audio Equipment Market by Type
8.6 Italy Home Audio Equipment Market
8.6.1 Italy Home Audio Equipment Market by Technology
8.6.2 Italy Home Audio Equipment Market by Distribution Channel
8.6.3 Italy Home Audio Equipment Market by Type
8.7 Rest of Europe Home Audio Equipment Market
8.7.1 Rest of Europe Home Audio Equipment Market by Technology
8.7.2 Rest of Europe Home Audio Equipment Market by Distribution Channel
8.7.3 Rest of Europe 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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