Global Wireless Audio Market to Reach $37. 4 Billion by 2027. Amid the COVID-19 crisis, the global market for Wireless Audio estimated at US$20. 9 Billion in the year 2020, is projected to reach a revised size of US$37.
New York, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Wireless Audio Industry" - https://www.reportlinker.com/p05799982/?utm_source=GNW
4 Billion by 2027, growing at a CAGR of 8.7% over the analysis period 2020-2027. Home Audio, one of the segments analyzed in the report, is projected to record a 9.5% CAGR and reach US$16.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial segment is readjusted to a revised 7.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.7 Billion, While China is Forecast to Grow at 11.7% CAGR
The Wireless Audio market in the U.S. is estimated at US$5.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2027 trailing a CAGR of 11.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 7.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR.
Consumer Segment to Record 8.6% CAGR
In the global Consumer segment, USA, Canada, Japan, China and Europe will drive the 8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3 Billion in the year 2020 will reach a projected size of US$5.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.3 Billion by the year 2027, while Latin America will expand at a 10% CAGR through the analysis period. We bring years of research experience to this 8th edition of our report. The 193-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
Apple, Inc.
DEI Holdings, Inc.
Harman International Industries, Inc.
Koninklijke Philips NV
Sony Corporation
VOXX International Corporation
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Wireless Audio Competitor Market Share Scenario Worldwide
(in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: Wireless Audio Global Market Estimates and Forecasts
in US$ Million by Region/Country: 2020-2027
Table 2: Wireless Audio Global Retrospective Market Scenario in
US$ Million by Region/Country: 2012-2019
Table 3: Wireless Audio Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Home Audio (Application) Global Opportunity Assessment
in US$ Million by Region/Country: 2020-2027
Table 5: Home Audio (Application) Historic Sales Analysis in
US$ Million by Region/Country: 2012-2019
Table 6: Home Audio (Application) Percentage Share Breakdown of
Global Sales by Region/Country: 2012 VS 2020 VS 2027
Table 7: Commercial (Application) Worldwide Sales in US$
Million by Region/Country: 2020-2027
Table 8: Commercial (Application) Historic Demand Patterns in
US$ Million by Region/Country: 2012-2019
Table 9: Commercial (Application) Market Share Shift across Key
Geographies: 2012 VS 2020 VS 2027
Table 10: Consumer (Application) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2020-2027
Table 11: Consumer (Application) Retrospective Demand Analysis
in US$ Million by Region/Country: 2012-2019
Table 12: Consumer (Application) Market Share Breakdown by
Region/Country: 2012 VS 2020 VS 2027
Table 13: Automotive (Application) Demand Potential Worldwide
in US$ Million by Region/Country: 2020-2027
Table 14: Automotive (Application) Historic Sales Analysis in
US$ Million by Region/Country: 2012-2019
Table 15: Automotive (Application) Share Breakdown Review by
Region/Country: 2012 VS 2020 VS 2027
Table 16: Other Applications (Application) Worldwide Latent
Demand Forecasts in US$ Million by Region/Country: 2020-2027
Table 17: Other Applications (Application) Global Historic
Analysis in US$ Million by Region/Country: 2012-2019
Table 18: Other Applications (Application) Distribution of
Global Sales by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Wireless Audio Market Share (in %) by Company: 2019 & 2025
Market Analytics
Table 19: United States Wireless Audio Latent Demand Forecasts
in US$ Million by Application: 2020 to 2027
Table 20: Wireless Audio Historic Demand Patterns in the United
States by Application in US$ Million for 2012-2019
Table 21: Wireless Audio Market Share Breakdown in the United
States by Application: 2012 VS 2020 VS 2027
CANADA
Table 22: Canadian Wireless Audio Market Quantitative Demand
Analysis in US$ Million by Application: 2020 to 2027
Table 23: Wireless Audio Market in Canada: Summarization of
Historic Demand Patterns in US$ Million by Application for
2012-2019
Table 24: Canadian Wireless Audio Market Share Analysis by
Application: 2012 VS 2020 VS 2027
JAPAN
Table 25: Japanese Demand Estimates and Forecasts for Wireless
Audio in US$ Million by Application: 2020 to 2027
Table 26: Japanese Wireless Audio Market in US$ Million by
Application: 2012-2019
Table 27: Wireless Audio Market Share Shift in Japan by
Application: 2012 VS 2020 VS 2027
CHINA
Table 28: Chinese Demand for Wireless Audio in US$ Million by
Application: 2020 to 2027
Table 29: Wireless Audio Market Review in China in US$ Million
by Application: 2012-2019
Table 30: Chinese Wireless Audio Market Share Breakdown by
Application: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European Wireless Audio Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Market Analytics
Table 31: European Wireless Audio Market Demand Scenario in US$
Million by Region/Country: 2020-2027
Table 32: Wireless Audio Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2012-2019
Table 33: European Wireless Audio Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027
Table 34: European Wireless Audio Addressable Market
Opportunity in US$ Million by Application: 2020-2027
Table 35: Wireless Audio Market in Europe: Summarization of
Historic Demand in US$ Million by Application for the Period
2012-2019
Table 36: European Wireless Audio Market Share Analysis by
Application: 2012 VS 2020 VS 2027
FRANCE
Table 37: Wireless Audio Quantitative Demand Analysis in France
in US$ Million by Application: 2020-2027
Table 38: French Wireless Audio Historic Market Review in US$
Million by Application: 2012-2019
Table 39: French Wireless Audio Market Share Analysis:
A 17-Year Perspective by Application for 2012, 2020, and 2027
GERMANY
Table 40: Wireless Audio Market in Germany: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2020-2027
Table 41: German Wireless Audio Market in Retrospect in US$
Million by Application: 2012-2019
Table 42: Wireless Audio Market Share Distribution in Germany
by Application: 2012 VS 2020 VS 2027
ITALY
Table 43: Italian Demand for Wireless Audio in US$ Million by
Application: 2020 to 2027
Table 44: Wireless Audio Market Review in Italy in US$ Million
by Application: 2012-2019
Table 45: Italian Wireless Audio Market Share Breakdown by
Application: 2012 VS 2020 VS 2027
UNITED KINGDOM
Table 46: United Kingdom Demand Estimates and Forecasts for
Wireless Audio in US$ Million by Application: 2020 to 2027
Table 47: United Kingdom Wireless Audio Market in US$ Million
by Application: 2012-2019
Table 48: Wireless Audio Market Share Shift in the United
Kingdom by Application: 2012 VS 2020 VS 2027
SPAIN
Table 49: Spanish Wireless Audio Market Quantitative Demand
Analysis in US$ Million by Application: 2020 to 2027
Table 50: Wireless Audio Market in Spain: Summarization of
Historic Demand Patterns in US$ Million by Application for
2012-2019
Table 51: Spanish Wireless Audio Market Share Analysis by
Application: 2012 VS 2020 VS 2027
RUSSIA
Table 52: Russian Wireless Audio Latent Demand Forecasts in US$
Million by Application: 2020 to 2027
Table 53: Wireless Audio Historic Demand Patterns in Russia by
Application in US$ Million for 2012-2019
Table 54: Wireless Audio Market Share Breakdown in Russia by
Application: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 55: Rest of Europe Wireless Audio Addressable Market
Opportunity in US$ Million by Application: 2020-2027
Table 56: Wireless Audio Market in Rest of Europe:
Summarization of Historic Demand in US$ Million by Application
for the Period 2012-2019
Table 57: Rest of Europe Wireless Audio Market Share Analysis
by Application: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 58: Asia-Pacific Wireless Audio Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 59: Wireless Audio Market in Asia-Pacific: Historic
Market Analysis in US$ Million by Region/Country for the Period
2012-2019
Table 60: Asia-Pacific Wireless Audio Market Share Analysis by
Region/Country: 2012 VS 2020 VS 2027
Table 61: Wireless Audio Quantitative Demand Analysis in
Asia-Pacific in US$ Million by Application: 2020-2027
Table 62: Asia-Pacific Wireless Audio Historic Market Review in
US$ Million by Application: 2012-2019
Table 63: Asia-Pacific Wireless Audio Market Share Analysis:
A 17-Year Perspectiveby Application for 2012, 2020, and 2027
AUSTRALIA
Table 64: Wireless Audio Market in Australia: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2020-2027
Table 65: Australian Wireless Audio Market in Retrospect in US$
Million by Application: 2012-2019
Table 66: Wireless Audio Market Share Distribution in Australia
by Application: 2012 VS 2020 VS 2027
INDIA
Table 67: Indian Wireless Audio Market Quantitative Demand
Analysis in US$ Million by Application: 2020 to 2027
Table 68: Wireless Audio Market in India: Summarization of
Historic Demand Patterns in US$ Million by Application for
2012-2019
Table 69: Indian Wireless Audio Market Share Analysis by
Application: 2012 VS 2020 VS 2027
SOUTH KOREA
Table 70: Wireless Audio Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by Application for
the Period 2020-2027
Table 71: South Korean Wireless Audio Historic Market Analysis
in US$ Million by Application: 2012-2019
Table 72: Wireless Audio Market Share Distribution in South
Korea by Application: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
Table 73: Rest of Asia-Pacific Demand Estimates and Forecasts
for Wireless Audio in US$ Million by Application: 2020 to 2027
Table 74: Rest of Asia-Pacific Wireless Audio Market in US$
Million by Application: 2012-2019
Table 75: Wireless Audio Market Share Shift in Rest of
Asia-Pacific by Application: 2012 VS 2020 VS 2027
LATIN AMERICA
Table 76: Latin American Wireless Audio Market Trends by
Region/Country in US$ Million: 2020-2027
Table 77: Wireless Audio Market in Latin America in US$ Million
by Region/Country: A Historic Perspective for the Period
2012-2019
Table 78: Latin American Wireless Audio Market Percentage
Breakdown of Sales by Region/Country: 2012, 2020, and 2027
Table 79: Latin American Demand for Wireless Audio in US$
Million by Application: 2020 to 2027
Table 80: Wireless Audio Market Review in Latin America in US$
Million by Application: 2012-2019
Table 81: Latin American Wireless Audio Market Share Breakdown
by Application: 2012 VS 2020 VS 2027
ARGENTINA
Table 82: Argentinean Wireless Audio Addressable Market
Opportunity in US$ Million by Application: 2020-2027
Table 83: Wireless Audio Market in Argentina: Summarization of
Historic Demand in US$ Million by Application for the Period
2012-2019
Table 84: Argentinean Wireless Audio Market Share Analysis by
Application: 2012 VS 2020 VS 2027
BRAZIL
Table 85: Wireless Audio Quantitative Demand Analysis in Brazil
in US$ Million by Application: 2020-2027
Table 86: Brazilian Wireless Audio Historic Market Review in
US$ Million by Application: 2012-2019
Table 87: Brazilian Wireless Audio Market Share Analysis:
A 17-Year Perspective by Application for 2012, 2020, and 2027
MEXICO
Table 88: Wireless Audio Market in Mexico: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2020-2027
Table 89: Mexican Wireless Audio Market in Retrospect in US$
Million by Application: 2012-2019
Table 90: Wireless Audio Market Share Distribution in Mexico by
Application: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
Table 91: Rest of Latin America Wireless Audio Latent Demand
Forecasts in US$ Million by Application: 2020 to 2027
Table 92: Wireless Audio Historic Demand Patterns in Rest of
Latin America by Application in US$ Million for 2012-2019
Table 93: Wireless Audio Market Share Breakdown in Rest of
Latin America by Application: 2012 VS 2020 VS 2027
MIDDLE EAST
Table 94: The Middle East Wireless Audio Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 95: Wireless Audio Market in the Middle East by
Region/Country in US$ Million: 2012-2019
Table 96: The Middle East Wireless Audio Market Share Breakdown
by Region/Country: 2012, 2020, and 2027
Table 97: The Middle East Wireless Audio Market Quantitative
Demand Analysis in US$ Million by Application: 2020 to 2027
Table 98: Wireless Audio Market in the Middle East:
Summarization of Historic Demand Patterns in US$ Million by
Application for 2012-2019
Table 99: The Middle East Wireless Audio Market Share Analysis
by Application: 2012 VS 2020 VS 2027
IRAN
Table 100: Iranian Demand Estimates and Forecasts for Wireless
Audio in US$ Million by Application: 2020 to 2027
Table 101: Iranian Wireless Audio Market in US$ Million by
Application: 2012-2019
Table 102: Wireless Audio Market Share Shift in Iran by
Application: 2012 VS 2020 VS 2027
ISRAEL
Table 103: Israeli Wireless Audio Addressable Market
Opportunity in US$ Million by Application: 2020-2027
Table 104: Wireless Audio Market in Israel: Summarization of
Historic Demand in US$ Million by Application for the Period
2012-2019
Table 105: Israeli Wireless Audio Market Share Analysis by
Application: 2012 VS 2020 VS 2027
SAUDI ARABIA
Table 106: Saudi Arabian Demand for Wireless Audio in US$
Million by Application: 2020 to 2027
Table 107: Wireless Audio Market Review in Saudi Arabia in US$
Million by Application: 2012-2019
Table 108: Saudi Arabian Wireless Audio Market Share Breakdown
by Application: 2012 VS 2020 VS 2027
UNITED ARAB EMIRATES
Table 109: Wireless Audio Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Million by
Application for the Period 2020-2027
Table 110: United Arab Emirates Wireless Audio Historic Market
Analysis in US$ Million by Application: 2012-2019
Table 111: Wireless Audio Market Share Distribution in United
Arab Emirates by Application: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
Table 112: Wireless Audio Market in Rest of Middle East: Annual
Sales Estimates and Forecasts in US$ Million by Application for
the Period 2020-2027
Table 113: Rest of Middle East Wireless Audio Market in
Retrospect in US$ Million by Application: 2012-2019
Table 114: Wireless Audio Market Share Distribution in Rest of
Middle East by Application: 2012 VS 2020 VS 2027
AFRICA
Table 115: African Wireless Audio Latent Demand Forecasts in
US$ Million by Application: 2020 to 2027
Table 116: Wireless Audio Historic Demand Patterns in Africa by
Application in US$ Million for 2012-2019
Table 117: Wireless Audio Market Share Breakdown in Africa by
Application: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 46
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