Audio Equipment Market Research Reports & Industry Analysis
Audio Equipment Industry Research & Market Reports
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Home Audio and Cinema in Canada
... audio devices, such as wireless speakers, which offer more flexibility and convenience compared to traditional home audio systems. The rising popularity of music streaming services, such as Apple Music, also contributed to a diminishing demand ... Read More
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Headphones in Israel
... appreciation for the convenience and portability of these products has continued to buoy demand, particularly now that consumers are spending more time outside the home with the return to pre-pandemic routines. Due to their lightweight ... Read More
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In-Car Entertainment in Israel
... decline, mainly because new mid- and higher-priced cars now typically come with built-in navigation systems, media players and speakers as standard. In the case of economy cars and older second-hand vehicles meanwhile, consumers increasingly prefer ... Read More
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Home Audio and Cinema in the Netherlands
... some categories, such as digital media dock players and hi-fi systems, are becoming irrelevant as consumers replace them with products like wireless speakers and speakers which can be connected online to streaming services such as ... Read More
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Headphones in Mexico
... for headphones was strongly supported by the fact that many more people were working or studying from home and falling back on the home for entertainment due to Coronavirus (COVID-19) restrictions. This reality outweighed the ... Read More
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Consumer Electronics in Mexico
... 2022 and 2023, especially those that had seen spikes in sales due to the exigencies of the pandemic. Lockdowns and home seclusion forced consumers to work and study from home for long periods, while they ... Read More
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In-Car Entertainment in Argentina
... driving is now extremely rare in Argentina, with such devices practically non-existent in cars throughout the country by the end of the review period. For these reasons, the use of in-car navigation was not particularly ... Read More
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In-Car Entertainment in the Netherlands
... these products separately for their cars. Furthermore, replacement products such as smartphones and tablets are also increasingly used as substitutes in cases where consumers are looking for entertainment. Consumers also use smartphone apps for navigation, ... Read More
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In-Car Entertainment in Canada
... by the war in Ukraine. High interest rates also played a key role in supressing demand, as consumers were reluctant to take on sky-high monthly payments. The prices of used car prices also remained elevated, ... Read More
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Home Audio and Cinema in Saudi Arabia
... more convenient, flexible, and user-friendly. Such a move is in conjunction with the rise of wireless technologies, such as wi-fi, Bluetooth, and Apple AirPlay, along with the popularity of streaming content from a smartphone, tablet, ... Read More
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Headphones in the Netherlands
... crisis. With the pandemic over and consumers having already invested in high-quality headphones, the Dutch market has become mature and only replacement sales are pushing up volume sales in 2023. Wireless headbands and wireless earphones ... Read More
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Headphones in Saudi Arabia
... Arabia, especially for use while exercising and during office hours, is encouraging product demand. This demand is also in conjunction to the newer models of smartphones not coming equipped with a headphone jack, leaving people ... Read More
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In-Car Entertainment in Mexico
... in terms of demand continued during COVID-19 and as the country moved out the pandemic towards the end of the review period. Indeed, the rate of decline in retail volume sales of in-car entertainment accelerated ... Read More
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Home Audio and Cinema in Mexico
... for entertainment purposes. As consumers worked, studied and entertained themselves at home, they were more willing to spend money on home audio and cinema devices. However, this tendency was largely offset by the economic shock ... Read More
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Home Audio and Cinema in South Korea
... a trend which was seen throughout the review period. With limited mobility outside of the home, many local consumers invested in upgrading their home entertainment options. The lifting of COVID-19 social distancing measures in early ... Read More
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In-Car Entertainment in South Korea
... high-tech built-in navigation systems, as well as smartphones. As car makers aim to appeal to younger consumers, they focus on attractive selling points such as in-car entertainment. For example, in 2023, Hyundai and Kia motor ... Read More
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Headphones in South Korea
... saw a solid positive performance. The pandemic led to the rise of OTT services and audio content (e.g., streaming services, YouTube, podcasts, audiobooks, etc.), and media consumption on smartphones became the norm. This media consumption ... Read More
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Headphones in Singapore
... of price points. These efforts have made TWS earbuds increasingly popular and accessible to a wider target audience. Newer TWS earbuds offer improved comfort, active noise cancellation, and superior sound quality when compared to previous ... Read More
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In-Car Entertainment in the Czech Republic
... and the war in Ukraine continues to depress sales in 2023. The growing number of new electric cars in the country is also reducing demand for in-car entertainment as these come with in-built systems. Electric ... Read More
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Headphones in Greece
... TWS earbuds, with volume sales expected to fall for both wireless headbands and earphones. That being said, there is still some demand for wireless headbands for work purposes. For instance, Logitech launched a wireless headband ... Read More
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Headphones in Thailand
... a functional accessory for listening to music, but rather, a fashion statement to complement one's style and personality. As a result, headphone manufacturers are increasingly focusing on designs and colours that appeal to the younger ... Read More
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Home Audio and Cinema in Indonesia
... by streaming services, motivates consumers to upgrade their sound systems. Speakers is the only category member enjoying positive volume sales growth in 2023. Urban consumers in Indonesia, in particular, are highly conscious of the convenience ... Read More
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In-Car Entertainment in Morocco
... due to general inflation, particularly stemming from rising energy prices as a result of the war in Ukraine, and also due to supply shortages of key components, which is also driving up prices. Both these ... Read More
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Headphones in Morocco
... both expected to register volume declines. Sales of headbands are slow due to the availability of newer, less bulky alternatives in the market. Euromonitor International's Headphones in Morocco report offers a comprehensive guide to the ... Read More
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Home Audio and Cinema in Thailand
... moving away from rural villages to cities, many consumers are now living in small apartments. With space at a premium, they are increasingly switching away expensive and bulky home theatre systems with a plethora of ... Read More
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