The Audio Equipment Global Market Was Valued At $207.5 Billion In 2017 According To TBRC’s Latest Report

The global audio equipment market was valued at $207.5 billion in 2017. Asia Pacific was the largest geographic region accounting for $127.86 billion or 61.62% of the global market. China was the largest country accounting for $77.52 billion or 37.36% of the global audio equipment market.

The audio equipment manufacturing industry comprises of establishments producing electronic audio equipment for home entertainment, musical instrument amplification, motor vehicles, and public-address systems. Audio equipment products include televisions, speaker systems, video cassette recorders, stereo equipment, jukeboxes, and amplifiers for musical instruments and public-address systems.

Order the report at

https://www.thebusinessresearchcompany.com/report/audio-equipment-global-market-report-2018

The market was valued at $207.5 billion in 2017, and it is expected to be driven by the growing entertainment industry which has led to increasing demand for home audio equipment. Increasing usage of online entertainment, deployment of reliable and sophisticated music storage equipment and high-speed data streaming are expected to foster innovations in the home audio equipment market. Asia Pacific was the largest region in the audio and video equipment manufacturing market in 2017, accounting for more than half of the market share.

The audio equipment manufacturing market in the report is split into the following segments: loudspeakers, microphones, amplifiers, turntables, and others.

Download a sample of the report at

https://www.thebusinessresearchcompany.com/sample.aspx?id=10&type=smp

China was the largest country accounting for nearly two-fifth of the global audio equipment market.

The top five competitors in the market Harman International, Dynaudio, Bose, KEF, and Polk. Harman International was the biggest player in the audio equipment manufacturing market. Harman International is an American subsidiary of Samsung Group that designs and engineers connected products for automakers, consumers and enterprises worldwide, including connected car systems; audio and visual products, enterprise automation; and connected services.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: [email protected]

Categories
Business
No Comment

Leave a Reply

*

*