New York, NY (Top40 Charts) Transparency Market Research has announced the release of a report titled "Home Audio Equipment Market (Product Types - Home Theatre in-a-box, Home audio systems, Home radios, Other home audio accessories) - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019". According to this report, growing at 3.7% CAGR from 2013 to 2019, the global home audio equipment market will reach US$20.68 billion by 2019 from US$15.94 billion in 2012.
Browse Report: https://www.transparencymarketresearch.com/home-audio-equipments-market.html
The growth of the home audio equipment market can be attributed to the rapidly expanding entertainment industry. Surging demand for home audio networking and increasing income levels are the other factors driving the demand for home audio equipment.
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The global home audio equipment market is segmented on the basis of product and geography. Based on product, this market is categorized into home audio systems, home theatre in-a-box, home radios, and others such as headphones and mp3 players. Owing to rising popularity of streaming capabilities and music applications, the segment for other home audio accessories holds the largest share in the market.
Press Release: https://www.transparencymarketresearch.com/pressrelease/home-audio-equipments-market.htm
Geographically, the global home audio equipment market is segmented into Asia Pacific, Europe, North America, and Rest of the World. With a market share of almost 30%,
Europe is the largest regional player in the global home audio equipment market. Early and widespread adoption of highly sophisticated entertainment products is the main factor that has driven the
Europe home audio equipment market to the leading position globally.
Article: https://www.transparencymarketresearch.com/article/home-audio-equipments-market.htm
The emergence of realistic immersive home audio equipment is the latest ongoing trend in the home audio equipment market. LG Electronics Inc., Pioneer Corporation, Panasonic Corporation, DTS Inc. and Bose Corporation are some of the key companies in the global home audio equipment market.
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Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research,
Custom Research and Market Consulting expertise to help businesses make accurate decisions. TMR's exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
