The Home Theater market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.The analysts forecast global home theater market to grow at a CAGR of 8.04% during the period 2018-2022. A Home Theater is a digital surrounding audio system built in a home.
It is designed to mimic (or exceed) a commercial theater performance and experience, commonly known as a home cinema. Various devices are used to provide this user-experience.For this report, we have only considered home theater speakers and sound bars as a part of the global market.
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Key players in the global home theater market: Bose, LG Electronics, Panasonic, SAMSUNG, and SONY. One trend in the market is demand for customized home theater systems.
The growing demand for customized home theatre systems will drive the growth of the home theatre market. Few manufacturers offer customized home theatre systems at premium prices.
A key vendor in the market is offering customized home theatres for the CEDIA community, the luxury builders’ market, and its customers.
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According to the report, one driver in the market is growth of smart homes. Smart homes are equipped with connected devices that communicate with each other and provide enhanced consumer experience.
Vendors are offering enhanced home theatre systems equipped with assistant functionalities for smart homes.
Further, the report states that one challenge in the market is high cost of home theater systems. The high cost of home theater systems will hinder their adoption during the forecast period.
The availability of inexpensive in stand-alone speaker systems will pose a challenge to the market growth.
Table of Contents
SCOPE OF THE REPORT
Market segmentation analysis
Market sizing 2017
Market size and forecast 2017-2022
FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
MARKET SEGMENTATION BY PRODUCT TYPE
Segmentation by product type
Comparison by product type
Home theater speakers - Market size and forecast 2017-2022
Sound bars - Market size and forecast 2017-2022
Market opportunity by product type
Americas - Market size and forecast 2017-2022
APAC - Market size and forecast 2017-2022
EMEA - Market size and forecast 2017-2022
Key leading countries
DRIVERS AND CHALLENGES
Demand for customized home theater systems
Growing adoption of cloud services
Increasing demand for 4K content
Market positioning of vendors
List of abbreviations
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