Speaker
Sound Bar
Market Sound Bar Speaker Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031 Request Sample Report
Sound Bar Speaker Market Size and Growth
The global sound bar speaker market is expected to grow at a CAGR of 8% over the forecast period of 2021-2026. The market size is projected to reach $6.5 billion by 2026, driven by increasing demand for home entertainment systems and advancements in sound technology. Major players include Samsung, Bose, and Sony.
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Companies Covered (Covid 19 Impact Covered)
◍ Samsung
◍ Vizio Inc.
◍ Sony ◍ LG
◍ Bose
◍ Yamaha ◍ Sonos
◍ Sound Untied
◍ VOXX
◍ Sharp
◍ Philips
◍ Panasonic ◍ JVC
◍ ZVOX Audio
◍ iLive
◍ Martin Logan
◍ Edifier
The sound bar speaker market is highly competitive with companies like Samsung, Vizio Inc., Sony, LG, Bose, Yamaha, Sonos, Sound United, VOXX, Sharp, Philips, Panasonic, JVC, ZVOX Audio, iLive, Martin Logan, and Edifier. These companies offer innovative sound bar speakers to cater to different customer needs, thereby contributing to the growth of the market.
- Samsung: $1.5 billion in revenue
- Sony: $1.2 billion in revenue
- Bose: $900 million in revenue
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Market Segmentation
By Application
◍ Commercial
◍ Home Audio
By Product
◍ Wall-mounted Type
◍ Mobile Type
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Market Growth
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$ 0.70 Billion
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