Category: Audio Equipment
Audio Equipment market research reports by Euromonitor International
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Austria Home Audio and Cinema
Home Audio and Cinema in Austria Home audio and cinema continues to suffer in Austria amid declining demand for specific audio devices and music consumption shifting to laptops, smartphones and wireless speakers. Sustained demand from a niche consumer base who demands high audio quality is ensuring ... Read More
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Austria Headphones
Headphones in Austria Demand for headphones has reached its peak in Austria, with volume sales declining significantly for a second consecutive year over 2024. Wireless headphones, and particularly TWS earbuds, have become standard must-haves for most consumers. In addition, many of the latest smart ... Read More
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The US Home Audio and Cinema
Home Audio and Cinema in the US In home audio and cinema in the US market, traditional categories such as audio separates, digital media player docks, hi-fi systems, and non-wireless speakers continue to offer high-fidelity audio experiences, but face challenges achieving growth due to their bulky, ... Read More
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Austria In-Car Entertainment
In-Car Entertainment in Austria In-car entertainment and all its sub-categories continues to witness volume decline in Austria. Built-in car technology has become more and more sophisticated and has rendered additional in-car entertainment products obsolete. There is an increasing lack of standardis ... Read More
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The US In-Car Entertainment
In-Car Entertainment in the US In-car navigation is set to see a double-digit retail volume decline in the US in 2024. This can be attributed to the rapid proliferation and advance of embedded navigation systems within modern vehicles, as well as the widespread adoption of smartphone navigation appl ... Read More
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The US Headphones
Headphones in the US True wireless (TWS) earbuds is set to see the strongest retail volume growth within headphones in the US in 2024. However, continued bifurcation is anticipated in this category in 2024, with growth concentrated at the lower and higher ends of the price spectrum. On the one side, ... Read More
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The US Portable Players
Portable Players in the US The decline in retail volume sales of portable players expected to be observed in the US in 2024 can primarily be attributed to the sustained decrease in sales within the other portable media players category. This particular category is set to experience a double-digit do ... Read More
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Denmark In-Car Entertainment
In-Car Entertainment in Denmark The fall in volume sales of in-car entertainment in Denmark in 2024 represents a continuation of the downward trend established during the review period. New car sales featuring advanced, built-in entertainment systems and the widespread substitution with smartphones ... Read More
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South Africa Portable Players
Portable Players in South Africa Demand for portable players in South Africa continues to grow, although this is mainly being driven by the dominant format of wireless speakers. The latter’s consistent growth is due to its convenience, and more specifically, its ability to be used in times of load s ... Read More
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Canada Home Audio and Cinema
Home Audio and Cinema in Canada Home audio and cinema in Canada is projected to continue on its downward trajectory in terms of retail volume sales in 2024. The consumer demand for second-hand and pre-owned audio products is trending, further reducing the demand for home audio products. The market f ... Read More
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Denmark Home Audio and Cinema
Home Audio and Cinema in Denmark In 2024, retail volume sales of home audio and cinema products in Denmark continue to decline, reflecting the downtrend established during the review period. This decline is driven by shifting household preferences towards more compact and mobile audio alternatives. ... Read More
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Canada Headphones
Headphones in Canada TWS earbuds is set to continue to see the highest retail volume growth in headphones in Canada in 2024. Local consumers continue to shift to TWS technology in search of the convenience and high-quality listening experience perceived to be offered by wireless earbuds. TWS earbuds ... Read More
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South Africa In-Car Entertainment
In-Car Entertainment in South Africa In-car entertainment in South Africa continues to experience a steady decline in retail volume sales due to a number of shifts in consumer preferences and technological advancements. This trend has been evident for much of the review period and can be attributed ... Read More
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Colombia Headphones
Headphones in Colombia Headphones are among the few products that exhibit positive growth within consumer electronics in Colombia in 2024. Demand benefits from mobility, with Colombians commuting to school and work and having to spend lots of time in traffic jams in main cities. As such, their smart ... Read More
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South Africa Home Audio and Cinema
Home Audio and Cinema in South Africa Overall demand for home audio and cinema in South Africa is stagnating, but remains marginally above pre-pandemic levels. With inflationary pressures eroding consumers’ disposable income, many individuals are having to forego additional home audio accessories. T ... Read More
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Colombia In-Car Entertainment
In-Car Entertainment in Colombia There is expected to be a further fall in volume sales in in-car entertainment in 2024. Obsolescence continues to dampen volume sales, as smartphones can largely do the same as in-built devices such as in-car navigation. Smart phone also provide viable alternatives f ... Read More
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South Africa Headphones
Headphones in South Africa After experiencing five consecutive years of robust double-digit retail volume growth, demand for TWS earbuds in South Africa is marginally slowing. However, it remains the leading growth driver of overall headbands, dominating demand. TWS earbuds have gained popularity am ... Read More
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Canada In-Car Entertainment
In-Car Entertainment in Canada In-car entertainment in Canada is projected to continue to see a decline in retail volume sales in 2024. Multiple factors are driving a reduced demand for in-car entertainment in the market. For example, the rate of car ownership in Canada in 2024 is set to decrease, a ... Read More
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Colombia Home Audio and Cinema
Home Audio and Cinema in Colombia Home audio and cinema is expected to see further volume decline in 2024. With inflation still being as issue, consumers are putting off purchases of big-ticket items as long as possible. However, this is not the only factor dampening volume sales. These devices are ... Read More
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Colombia Portable Players
Portable Players in Colombia Wireless media speakers account for the majority of volume sale of portable players in Colombia and in 2024 are also expected to register the highest volume growth. Volume sales of e-readers continue to decline, partly because many are purchased on the global Amazon webs ... Read More
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Denmark Headphones
Headphones in Denmark In the first half of 2024, volume sales of headphones in Denmark experienced a decline but remained relatively comparable to 2023 levels. The product area faced significant challenges due to cost-of-living pressures, a sluggish economic climate, and dampened household sentiment ... Read More
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Canada Portable Players
Portable Players in Canada Overall, retail volume sales of portable players in Canada are projected to decrease only slightly in 2024. This is due to the anticipated very marginal increase in retail volume sales of the dominant category, wireless speakers, as e-readers and “other” portable media pla ... Read More
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Denmark Portable Players
Portable Players in Denmark In 2024, retail volume sales of portable players continue to decline, primarily due to the increasing substitution of e-readers and portable media players with smartphones and tablets. Households are prioritising multifunctional consumer electronics that offer value for m ... Read More
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The United Kingdom In-Car Entertainment
In-Car Entertainment in the United Kingdom In-car entertainment in the UK continues on its declining trajectory across the category – in-car navigation, in-car speakers and in-dash media players. Both volume and value sales recorded double-digit declines in the first half of 2024, reflecting the con ... Read More
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The United Kingdom Portable Players
Portable Players in the United Kingdom Demand for overall portable players in the UK remains positive, driven by the dominant category of wireless speakers. Local consumers are increasingly interested in and attracted to different portable audio solutions such as wireless speakers, while retail volu ... Read More