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Global Soundbar Market to Grow at a CAGR of 16.18% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Soundbar Market 2017 - 2021” research report to their website


Lewes, DE -- (SBWIRE) -- 03/03/2017 -- Report forecast the global soundbar market to grow at a CAGR of 16.18% during the period 2017-2021.

A soundbar is a single cabinet loudspeaker that produces surround sound. It occupies minimal space and can be mounted on the wall. It eliminates the need for multiple sound boxes and any external wiring to interconnect satellite speakers. The growing adoption of soundbars has affected the sales of other home audio speakers, such as home theater systems and Blu-ray audio players.

The report covers the present scenario and the growth prospects of the global soundbar market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of soundbars.

The market is divided into the following segments based on geography:
- Americas

According to the report, one of the major drivers for this market is increase in number of smart homes. Many homes in developed nations such as the US and the UK are being remodeled to smart homes. A smart home consists of media and entertainment gadgets, consumer electronic devices, and other smart electronics that can interact with each other through a home network. The demand for smart homes is driven by the go green policy, energy saving requirements, need for convenience, and connectivity between different devices.

Further, the report states that one of the major challenges with wireless speakers is the limitation of streaming audio content up to the range of network extension. As these speakers work via the Bluetooth network, it is important for the network range to be strong and equally spread across all areas. If the network is strong in one room and weak in another room, the quality of sound reduces.

Global Soundbar Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global soundbar market:

Other Prominent Vendors in the market are: Atlantic Technology, Bowers & Wilkins, Cambridge Audio, Definitive Technology, Denon Electronics, Edifier International, Focal-JMLab, Harman International Industries, JBL, JVCKenwood, Koninklijke Philips, Panasonic, Pioneer, Polk Audio, Qualcomm Technologies, Sennheiser, Sonos, Vizio, and ZVOX.

Market driver
- Increase in number of smart homes
- For a full, detailed list, view our report

Market challenge
- Streaming limited to network range
- For a full, detailed list, view our report

Market trend
- Increase in multi-room streaming
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages and 36 Exhibits "Global Soundbar Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by demography, Buying criteria, Geographical segmentation, Market attractiveness, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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