Home Audio Equipment Market - High-Speed Data Streaming Are Expected to Foster Innovations in This Market

The report aims to provide a comprehensive overview of market data and trends in North America, Europe, Asia-Pacific and Rest of the World (RoW) for emerging audio products in terms of USD billion.


Albany, NY -- (SBWIRE) -- 02/18/2016 -- Growing entertainment industry has led to increasing demand for home audio equipment. Increasing usage of online entertainment, deployment of reliable and sophisticated music storage equipment and high-speed data streaming are expected to foster innovations in the home audio equipment market.

Growing consumer preference for better quality products and rise in disposable incomes of families are mainly encouraging customers to buy such home entertainment products, thus, driving the market for home audio equipment. Additionally, availability of home theatre system that can perform audio/video switching and play and stream audio stored on PC and internet radio stations is expected to boost the home audio equipment market. However, fear of hearing loss is the major restrain for this market. Introduction of wireless streaming is expected to boost the demand for home audio equipment.

Complete Report with TOC @ http://www.mrrse.com/home-audio-equipments-market

Home audio systems including music players, Blu-ray players, along with LCD and LED TVs and HTiBs are the most popular products in the market. In case of product types, other home audio accessories segment which includes speakers, subwoofers, and microphones among others held the largest share in 2012. This is mainly due to growing popularity of music applications and streaming capabilities. However, home theater in-a-box segment is expected to grow at faster rate due to the rising usage of digital entertainment and rapid transition to online platforms.

Inquiry on this report @ http://www.mrrse.com/enquiry/588

In 2012, Europe held the largest market share and accounted for 29.6% of the global home audio equipment market. This is because consumers in Europe are early adopter of technologically advanced entertainment products such as smartphones, Blu-ray players, and televisions among others. The Asia Pacific region is expected to be to the fastest growing owing to the rise in living standards of the population and presence of most home audio equipment manufacturers in the region.

Request a Free Sample Copy of the Report @ http://www.mrrse.com/sample/588

The global market for home audio equipment is fragmented in nature and contains leading players namely Akai, Dolby Laboratories Inc., DTS Inc., JVC KENWOOD Holdings Inc., Koninklijke Philips Electronics NV, LG Electronics, Panasonic Corporation, Sanyo Electric Co. Ltd., Nakamichi Corporation, Onkyo Corporation, Pioneer Corporation, Sharp Corp., and Sony Corporation.

MRRSE stands for Market Research Reports Search Engine, the largest online catalog of latest market research reports based on industries, companies, and countries. MRRSE sources thousands of industry reports, market statistics, and company profiles from trusted entities and makes them available at a click. Besides well-known private publishers, the reports featured on MRRSE typically come from national statistics agencies, investment agencies, leading media houses, trade unions, governments, and embassies.

Visit us @ https://twitter.com/MRRSEmrrse