Category: Audio Equipment
Audio Equipment market research reports by Euromonitor International
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Home Audio and Cinema in South Africa
Home Audio and Cinema in South Africa Towards the end of the review period, there was a growing demand for home audio and cinema products which did not require a lot of time to set up and operate, commensurate with increasingly busy lifestyles. One product to benefit from this trend was Bluetooth sp ... Read More
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Headphones in Sweden
Headphones in Sweden When it comes to headphones there continues to be a growing shift to wireless headbands and TWS earbuds with both categories continuing to enjoy healthy growth in retail volume terms in 2023. TWS earbuds remains the largest category with consumers drawn to the convenience of the ... Read More
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In-Car Entertainment in Australia
In-Car Entertainment in Australia Smartphones are increasingly being used by consumers to guide them while driving thanks to their built-in GPS function. As such sales of in-car navigation in Australia are coming under mounting pressure with the category continuing to record heavy losses in retail v ... Read More
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Home Audio and Cinema in Denmark
Home Audio and Cinema in Denmark Home audio and video sales are in a negative double-digit volume slump in 2023, representing a continuation of the downward trend established in the previous review period. This shift is due to household preferences moving away from traditional home audio and cinema ... Read More
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In-Car Entertainment in China
In-Car Entertainment in China With advances in technology regarding multi-functional in-vehicle systems, the improvement of industrial policies, and consumers’ increasing demand for in-car entertainment equipment, the penetration of pre-installed in-car entertainment has grown, therefore threatening ... Read More
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Headphones in South Africa
Headphones in South Africa Many companies in South Africa are adopting a hybrid working model, a trend that was facilitated by the COVID-19 pandemic. Such a development has boosted volume sales of headphone products, which saw continued growth in 2023. The main reason behind this increase in demand ... Read More
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Home Audio and Cinema in Australia
Home Audio and Cinema in Australia Sales of home audio and cinema continue to decline in 2023, with consumers returning to their pre-pandemic lifestyle routines. Demand for home cinema and speaker systems saw strong growth during 2020 and 2021 largely due to enforced home seclusion with consumers sh ... Read More
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In-Car Entertainment in Portugal
In-Car Entertainment in Portugal In-car entertainment continued to lose traction in 2023. With the vast majority of new vehicles sold in the country already equipped with embedded in-car infotainment systems, fewer local consumers turned to aftermarket products. Furthermore, manufacturers are losing ... Read More
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Home Audio and Cinema in Portugal
Home Audio and Cinema in Portugal Home audio and cinema remained a declining category in 2023, as the growing popularity of advanced and multifunctional alternatives, such as smartphones, wireless speakers, tablets and even smart TVs, weighed heavily on demand. The rising popularity of streaming ser ... Read More
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Headphones in Portugal
Headphones in Portugal Headphones registered a more stable performance in 2023, following a significant decline in volume during the previous year. Sales boomed during COVID-19, when consumers were forced to spend more time working and studying at home. With many consumers having already upgraded th ... Read More
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Headphones in Canada
Headphones in Canada Headphones struggled to gain momentum in 2023 as inflationary pressures continued to weigh on discretionary consumer spending, at least during the early part of the year. However TWS earbuds saw modest gains in retail volume terms, as consumers opted for the convenience, high au ... Read More
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In-Car Entertainment in Saudi Arabia
In-Car Entertainment in Saudi Arabia In-car entertainment is seeing structural declines, as separate navigation systems become defunct. In current times, most new cars, including non-luxury vehicles, come equipped with voice-enabled in-car GPS. Owing to the need for navigation, this component has be ... Read More
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Home Audio and Cinema in Israel
Home Audio and Cinema in Israel All home audio and cinema categories in Israel are set to post negative performances in volume sales terms in 2023, continuing the downward trajectory witnessed throughout the review period. Demand for these products has been falling steadily for several years due to ... Read More
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Home Audio and Cinema in Argentina
Home Audio and Cinema in Argentina During 2023, demand for home audio and cinema remained on a downtrends trend. Volume sales have been falling in the category for many years, although 2020 was an exception as the strict approach taken to social distancing and home seclusion at the peak of the COVID ... Read More
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Headphones in Argentina
Headphones in Argentina 2023 saw volume sales of headphones in Argentina increase for the fifth consecutive year. The main reason for the strong positive sales performances being seen in headphones is rising consumer demand for TWS earbuds. Despite wireless headbands and wireless earphones witnessin ... Read More
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Portable Players in Canada
Portable Players in Canada Retail volume sales of portable players increased in 2023, thanks to better economic conditions, which impacted positively on discretionary consumer spending. Wireless speakers were the key beneficiary of this trend, with a growing demand for these products offsetting a co ... Read More
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Home Audio and Cinema in Canada
Home Audio and Cinema in Canada Audio separates experienced a decline in retail volume sales in 2023, continuing the trend of the review period. This was driven by a consumer transition towards smaller, more portable audio devices, such as wireless speakers, which offer more flexibility and convenie ... Read More
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Headphones in Israel
Headphones in Israel As was the case throughout the review period, TWS earbuds is poised to be the most dynamic performer among the main headphones categories in Israel in volume growth terms in 2023. Increasing appreciation for the convenience and portability of these products has continued to buoy ... Read More
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In-Car Entertainment in Israel
In-Car Entertainment in Israel In-car entertainment in Israel has continued to contract in volume terms in 2023, with all categories set to register negative results in this respect. Demand for these products is in long-term decline, mainly because new mid- and higher-priced cars now typically come ... Read More
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Home Audio and Cinema in the Netherlands
Home Audio and Cinema in the Netherlands Home audio and cinema is set to register a decline in volume sales in 2023 as consumers are proving reluctant to spend on big ticket consumer electronics. Furthermore, some categories, such as digital media dock players and hi-fi systems, are becoming irrelev ... Read More
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Headphones in Mexico
Headphones in Mexico Retail volume sales and current value sales of headphones are set to continue to grow over 2023, and at their fastest rates of the review period. During 2020 and 2021, the demand for headphones was strongly supported by the fact that many more people were working or studying fro ... Read More
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Consumer Electronics in Mexico
Consumer Electronics in Mexico In general, consumer electronics continued to be affected by the Coronavirus (COVID-19) crisis in the final year of the review period. There was a level of stabilisation in many categories in 2022 and 2023, especially those that had seen spikes in sales due to the exig ... Read More
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In-Car Entertainment in Argentina
In-Car Entertainment in Argentina 2023 saw in-car navigation record yet another double-digit drop in volume sales as category sales declined further towards vanishing point. The use of dedicated devices designed especially for GPS navigation while driving is now extremely rare in Argentina, with suc ... Read More
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In-Car Entertainment in the Netherlands
In-Car Entertainment in the Netherlands In-car entertainment is set to see further decline in volume sales in 2023. As recent cars come equipped with integrated in-car entertainment, it is becoming rare for consumers to buy these products separately for their cars. Furthermore, replacement products ... Read More
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In-Car Entertainment in Canada
In-Car Entertainment in Canada Ongoing challenges in the car market hampered growth in in-car entertainment in Canada in 2023. New vehicle prices remained higher than before the pandemic, due to lingering supply chain issues, exacerbated by the war in Ukraine. High interest rates also played a key r ... Read More
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