DUBLIN, Mar. 25, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/rjprt7/global_soundbar) has announced the addition of the "Global Soundbar Market 2015-2019" report to their offering.
The Global Soundbar market to grow at a CAGR of 10.61% over the period 2014-2019. In terms of volume, the market is forecast to grow at a CAGR of 18.38%
A soundbar is a slim unit with multiple built-in speakers. It comprises a special loudspeaker enclosure that generates sound from a single cabinet. Soundbar is designed to improve the sound quality without using loads of wires. Its compact structure eliminates the use of external wiring. Many manufacturers produce hybrid soundbar, in which the soundbar represents left, center, and right speakers along with subwoofer, rear-left, and rear-right speakers.
This report covers the present scenario and the growth prospects of the Global Soundbar market for the period 2015-2019. To calculate the market size, the report considers the global shipments as well as the revenue generated by the sales of soundbar.
One major trend emerging in the market is the growing number of smart homes. Soundbars are integrated with the TV or smart device, to enhance the consumer's listening experience.
According to the report, one of the major drivers of the market is the wireless streaming of audio content. Most soundbars available in the market currently support wireless connectivity, such as Bluetooth and Wi-Fi. This helps in streaming audio from portable devices, such as MP3 players, smart phones, tablets, and laptops.
Further, the report states that one of the main challenges in this market is the increased use of substitute products, such as normal speakers, home theaters, and audio consoles. Home theaters provide an impressive surround sound experience and most are also compatible with other devices such as laptops, PCs, and phones.
- Harman International Industries
- Koninklijke Philips
- Polk Audio
- Sennheiser Electronic (Germany)
- Voxx International
Other Prominent Vendors
- Altec Lansing
- Atlantic Technology
- Boston Acoustics
- Bowers & Wilkins
- Definitive Technology
- GoldenEar Technology
- Hitachi Maxell
- JVC Kenwood
- Leon Speaker
- Logitech International
- Monitor Audio
- Pinnacle Speakers
- ZVOX Audio
For more information visit http://www.researchandmarkets.com/research/rjprt7/global_soundbar
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets