Wireless Audio Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
114109 | Date :
Feb, 2023 | Pages :
168 | Region : Global |
Publisher : Ri research
Wireless technology is beneficial for the overall growth of the global semiconductor and electronics industry. The wireless technology is mainly used in audio device and audio streaming device to get the music streaming.
With the wireless connectivity continues to remain an important feature of audio products, Wireless Audio industry grow quickly in recent years.
Currently
Wireless Audio industry has historically had a rapid growth driven primarily by growth in smartphone and tablet. Other driving factors include the development of Bluetooth and WIFI technology. Bluetooth and WIFI has become a basic functionality in audio products.
America is the largest region, larger than the next largest, the Asia Pacific region in 2016. Soundbars and wireless speaker which widely used in home accounted for approximately 45.98% of US shipments. The major brand of Wireless Audio in US market include Bose, Harman, Philips, Sennheiser Electronic, Apple, Sony, Shure, Vizio, VOXX, DEI, LogiTech, Boston Acoustics, Sonos, YAMAHA, Plantronics, Jabra, Amazon, Google and other brand. Their products are manufactured from the original design and contract manufacturers in Asia.
Meanwhile, with the growth of smartphone shipment in Asia, Wireless Audio will have a fast growth in Asia region, the ODMs may elect to manufacture their own products that are similar to original brand. It will increase the additional competition from this companies, principally located in or originating from the Asia Pacific region, which offer very low cost products, including products modeled on, direct copies of, or counterfeits products. It will lead to cause market pricing pressure, customer dissatisfaction and harm to reputation and brand name.
The report offers detailed coverage of Wireless Audio industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Wireless Audio by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Wireless Audio market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Wireless Audio market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Apple(Beats)
LG
Bose
SAMSUNG(Harman)
Logitech(Jaybird)
Plantronics
Sennheiser
Sonos
DEI
Vizio
Boston
Sony
Shure
VOXX
Philips
YAMAHA
Jabra
Amazon
Google
At the same time, we classify Wireless Audio according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Sound Bar and Wireless Speakers
Wireless Headphones& Earphones
Wireless Microphone Market by Application
Consumer and Home
Commercial
Automotive
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Wireless Audio market for the forecast period 2023 - 2030?
• What are the driving forces in the Wireless Audio market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Wireless Audio industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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