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Hi-Fi Speaker Market 2019 Diversely changing Market Trends with Potential Business Growth
[February 12, 2019]

Hi-Fi Speaker Market 2019 Diversely changing Market Trends with Potential Business Growth


Market Highlights: The Hi-Fi speaker market has seen considerable consolidation over the years, and the global Hi-Fi speaker market is expected to capture a CAGR of 6.20% and attain USD 7.69 Bn over the forecast period 2017-2023, reveals a study by Market Research Future (MRFR). High-Fidelity speakers commonly known as Hi-Fi speakers are majorly used in home audio systems and stereo listeners. They eliminate the bottlenecks of traditional audio systems and offer advantages such as ease of use, portability, better signal to noise ratio, less distortion and accurate frequency response Growing adoption and demand for wireless connectivity technology has augmented the demand for Hi-Fi speakers.



The global Hi-Fi speaker system market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The Hi-Fi speaker system market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above mentioned factors. The players in the Hi-Fi speaker system market co Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/4598 Major Key Players • Onkyo Corporation (Japan), • Yamaha Corporation (Japan), • Panasonic Corporation (Japan), • LG Electronics Corporation (South Korea), • Koninklijke Philips N.V. (Netherland), • Sony Corporation (Japan), • Bowers & Wilkins Group Ltd. (England), • Bose Corporation (U.S.), • Harman International Inc. (England), • DEI Holdings, Inc. (U.S.), • Samsung Electronics Co., Ltd. (South Korea), • Tannoy Ltd. (England) According to MRFR, The Global Hi-Fi speaker system Market is expected to reach approximately USD 7.69 billion by the end of 2023 with 6.20% CAGR during forecast period 2017-2023.

Industry News Feb 2018, Bose Corporation had redefine the sport headphone by launching sound Sports free headphones which provides better sound quality for music. The advance earphones facilitates through charging case which holds the ear bud and increase the storage capacity by two times and increase the charging capacity in 10 hours of battery life.


Denon CEOL N10 is releasing a new Hi-Fi speaker system that is packed with all the latest technology while still supporting the old physical media like CDs. The N10 offers support for both Amazon's Alexa voice assistant and Apple's AirPlay 2.

Segmentation The global Hi-Fi speaker system market has been segmented based on connectivity technology, distribution channel, and end-users. By Connectivity technology, the market has been segmented into wired and wireless. The wired sub-segment has been further segmented into Ethernet and Audio cables. The Wireless sub-segment has been further segmented into Bluetooth, Wi-Fi, airplay and others. By distribution channel, the market has been segmented into online sales and retail sales. By end-users, the market has been segmented into residential, commercial, automotive and others.

Regional Analysis The global Hi-Fi speaker system market is expected to grow significantly over the forecast period, 2017-2023. Academic segment of Hi-Fi speaker system market globally drives the market majorly due to growing consumer electronics market and adoption of wireless connectivity The market is expected to have higher growth rate as compared to the previous years due to the booming electronic industry globally. It is due to the rising income of individuals globally and increasing affordability of technology products globally. It gives willingness push to Hi-Fi speaker system market in future prospective.

The global Hi-Fi Speaker System market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. The regional segment is further bifurcated into U.S., Canada, Mexico, UK, France, Germany, China, Japan and India.

Asia Pacific region hold the largest share of the total Hi-Fi speaker system market in terms of revenue. It is due to the presence of some leading Hi-Fi speaker system providers in the region. Samsung Electronics Co., Ltd., Onkyo Corporation, Yamaha Corporation, Panasonic Corporation are well known leading industry participants located in Asia Pacific. Recently, in October 2017, Digitek, an Indian market leader in Photographic & amp; smartphone accessories introduced its brand new bluetooth Speaker, DBS-011 with in-built digital decoder for decoding and playing Mp3 files and low distortion 20W Power Amplifier with Bass Control, the 5.25” hi-fi speaker produces high fidelity, rich sound. In September 2017, Xiaomi has launched a new compact Bluetooth speaker named 'Mi Bluetooth Speaker Basic 2' having two 2.5W speakers that can produce high-fidelity sound over Bluetooth. Booming automotive industry in China and India is expected to surge the Hi-Fi speaker system market at fast pace.

Due to technological adoption and smart gadgets, North America region is showing steady growth in the Hi-Fi speaker system market. North America is the second largest region for the Hi-Fi speaker system market. Bose Corporation, DEI Holdings, Inc. are some of the leading industry participants of the Hi-Fi speaker system market headqured in U.S.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/hi-fi-speaker-system-market-4598 Intended Audience • Operating system providers • Training center • Schools • Manufacturers • Operating system providers • Software Developers • Sensor providers • Automotive manufacturers LIST OF FIGURES Figure 1 Research Methodology Figure 2 Hi-Fi Speaker System Market, By Connectivity Technology (%) Figure 3 Hi-Fi Speaker System Market, By Distribution Channel (%) Figure 4 Hi-Fi Speaker System Market, By End-User (%) Continued….

For More Information Visit @ https://www.929thedrive.com/story/39757317/hi-fi-speaker-market-2019-global-industry-analysis-by-size-share-historical-analysis-competitive-landscape-with-regional-forecast-by-trends-to-2023 https://www.marketwatch.com/press-release/hi-fi-speaker-market-2018-size-share-industry-segmentation-leading-growth-drivers-emerging-audience-sales-recent-trends-analysis-2018-09-18 http://www.erienewsnow.com/story/39519850/hi-fi-speaker-market-2018-global-recent-trends-competitive-landscape-size-segments-emerging-technologies-and-industry-growth-by-forecast-to-2023 http://www.fox34.com/story/39519850/hifi-speaker-market-2018-global-recent-trends-competitive-landscape-size-segments-emerging-technologies-and-industry-growth-by-forecast-to-2023 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future +1 646 845 9312 Email: [email protected]

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