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Global Wireless Audio Device Market

  • Published Date: 22 May 2018
  • Number of Pages: 215
  • Category: Consumer Goods
  • Country: Global
Wireless technology uses radio waves to transmit information without cables or wiring. Although wireless communications have been used since 1876, the technology is now being extensively used to create wireless computer networks. It serves a dual advantage to the users making the device mobile along with saving the total expenditure on it.

Market Dynamics

The wireless audio device market is expected to witness high growth potential over the next six years owing to the upswing in demand for information systems especially in the field of entertainment technologies. Wireless technology has played a pivotal role in the development of the semiconductors and the electronic devices which forms the basics of these wireless devices. It is denying the fact that the demand for sound-bars, microphones, speakers and headphones has considerably increased over the last five years which has significantly boosted the wireless audio device market. Increased sales of audio systems have helped the audio industry to adapt according to consumers changing trends. Issues in delivering high quality audio signals are further a challenge to the wireless audio device market.

The major drivers of the wireless audio device market are increasing requirement for mobility, high stress on semiconductor constituents for wireless devices, advancement in technologies and introduction of new easy-to use and easy-to-port devices. A wireless audio device offers much more flexibility and connectivity as compared to its wired counterpart. Increasing consumer applications supplementing the wireless devices has opened up new avenues in the industry. Leading players have emphasized on tapping the growth potential in the lucrative Middle Eastern market.

Market Segmentation

The wireless audio device market is segmented based on the basis of application, product, and technology.

The product segment can be categorized into:

--> Wireless Speaker System
--> Microphone
--> Sound Bar
--> Power Amplifier
--> A/V Controller
--> Radio Tuner
--> Headphone

On the basis of application the market can be segregated into:

--> Automotive
--> Consumer
--> Home Application, and
--> Special & Commercial Application.

Several standards incorporating wireless devices include:

--> Wi-Fi
--> SKAA
--> Bluetooth

Regional/Geographic Analysis

The wireless audio devices market is analyzed on the basis of geography, which includes North America, Europe, Asia-Pacific, and LAMEA. North America generated the highest revenue in the global market in 2015 due to higher adoption of electronic devices and high disposable income of consumers.

Key players

Some of the major players in the market include DEI Holdings Inc., Sony Corporation, Philips Electronics Corporation, Logitech International SA, Avnera Corporation, Sonos Inc., VOXX International Corporation, Bose Corporation, UE (Logitech), Samsung Electronics Co. Ltd, etc.

Report Contents:

> Global Market segments
> Global Market Drivers, Restraints and Opportunities
> Global Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Global Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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