Wednesday, May 31, 2023

Soundbar Market Size, Share | Trends,2023-2029

 A soundbar, also called a speakerbar, is a special speaker with multiple drivers, which is much wider than it is tall, and always put above a computer monitor or under a television or home theater screen. It can significantly improve the sound experience of consumers, without complex matters of surround sound speakers, wiring, etc. for whole family Theatre.

According to our (Global Info Research) latest study, the global Soundbar market size was valued at USD 4546.1 million in 2022 and is forecast to a readjusted size of USD 10960 million by 2029 with a CAGR of 13.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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Market segment by Type
2 Channel
2.1 Channel
5.1 Channel
Others

Market segment by Application
Music
TV
Others

Major players covered
Samsung
Vizio
Yamaha
Sony
LG
Philips
Panasonic
Sharp
Bose
Polk Audio
Harman
JVC
Sonos
Canton
Xiaomi
Edifier

North America is the largest Soundbar market with about 45% market share. China is follower, accounting for about 13% market share.

The key players are Samsung, Vizio, Yamaha, Sony, LG, Philips, Panasonic, Sharp, Bose, Polk Audio, Harman, JVC, Sonos, Canton, Xiaomi, Edifier etc. Top 3 companies occupied about 42% market share.

This report is a detailed and comprehensive analysis for global Soundbar market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

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