Waterproof Bluetooth Speakers Market 2018 Global Trends, Share, Industry Size, Growth, Opportunities, and Industry Forecast to 2022

The Global Waterproof Bluetooth Speakers Market 2018 Industry Research Report – Global Forecast to 2023, is latest research report on Global the Waterproof Bluetooth Speakers market published by Market Research Future. Report provides comprehensive information on safety light curtains market forecast, historic data, with business development strategies, upcoming opportunities, and regional outlook. Waterproof Bluetooth Speakers market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Waterproof Bluetooth Speakers Market, By Charging Technology (AC Only, DC Only, AC/DC, Wireless Charging) and By Application (Home, Offices, Retail, Leisure) – Global Forecast 2023

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Key Players:

The prominent players in waterproof bluetooth speakers market are – Braven (U.S.), Skullcandy, Inc. (U.S.), JBL (U.S.), Ultimate Ears (U.S.), Altec Lansing (U.S.), AmazonBasics (U.S.), Logitech International SA (Switzerland), Sharkk (New Jersey), Scosche (U.S.), Fugoo Sport (U.S.) among others.

Market Synopsis:

Waterproof Bluetooth Speakers Market has been valued at approx. USD 1.6 Billion by the end of forecast period with 23% of CAGR during forecast period 2018 to 2023. Waterproof bluetooth speakers market has been segmented on the basis of charging technology and application. The charging technology segment is further bifurcated into AC only, DC only, AC/DC and wireless charging.Waterproof Bluetooth speakers Market growing at rapid pace over the forecast period of 2018 to 2023.Waterproof Bluetooth speakers Market Research Report 2018 – Global Industry analysis by Key Companies, Type, Application, Market Share, Growth Rate, and Key Country forecast to 2023. Waterproof Bluetooth speakers Industry depth analysis is done for North America, Europe, APAC and Rest of the World.   The ever-advancing lifestyle is always on a lookout for luxury and comfort which the leading-edge technologies are happy to oblige. The results are mostly astounding. One such outcome is waterproof Bluetooth speakers which by complying with the current trend of infotainment on the go has taken the market by storm and is eyeing for a market valuation of USD 1.6 billion by 2023.

Waterproof functionality offers an edge over the regular Bluetooth speakers as they can be easily used near water or for pool parties. Waterproof Bluetooth speakers market is estimated to exhibit high growth potential during the forecast period owing to increasing popularity of wireless devices and growing demand for mobility of devices. Need for portability and automation trend are the major factors driving the growth of waterproof Bluetooth speakers market.

The waterproof bluetooth speakers are portable and therefore easy to use, carry and install and provide better efficiency. It provides a decent 8-15 hours of battery backup and hence makes it ideal for indoor as well as outdoor applications. Waterproof Bluetooth speakers can be connected to almost all devices providing the Bluetooth connectivity. Therefore smartphones can easily be connected to such speakers and can be carried anywhere. Due to its waterproof functionality, it can easily be installed in bathrooms and installed on shower heads too. In future, waterproof bluetooth speakers can be used for underwater research and development purposes with improved connectivity.

Waterproof-Bluetooth speaker are wireless, portable electronics devices that operate through smartphones, laptops, tablets and other Bluetooth operated devices. These speakers are used for entertainment and can be used in different places wherever the range of Bluetooth reaches. Globalization and technological advancement are a major factor that is driving the waterproof-Bluetooth speaker market as the there has been an increase in the waterproof electronics globally. Another factor that drives the waterproof-Bluetooth market is that it has low power consumption. Additionally, growing demand for infotainment services is also boosting the market. The waterproof-Bluetooth speakers are compatible with multiple operating systems such as Android, and iOS. There are various waterproof-Bluetooth speaker manufactured by vendor such as JBL Plus 3, Bose SoundLink Color II, and others. Various other companies are manufacturing waterproof-Bluetooth speakers. These speakers have different size, battery life, wireless connectivity range, and specifications depending on the manufacturer. For instance, JBL Pulse 3, that is a portable, waterproof-Bluetooth speaker that combines 360° sound with 360° lightshow. WONDER­BOOM, a Bluetooth speaker made by ULTIMATE EARS is a complete waterproof, It can be used showers, pools, beaches, muddy fields and rainy days. It has a battery life of more than 10 hours.

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Drivers and Restraints:

Sophistication in technology has transformed the way we listen to and appreciate music. Resulting products are quite astonishing and has revolutionized the music industry. An exemplary product, waterproof Bluetooth speakers, has been setting trends for quite some time now with features such as mobility and consumption of less power than the traditional speakers to satiate the consumer needs.

Smart homes, abiding by the preferences of the consumers, have now become a global trend. Such homes allow devices to establish a connection and communicate with each other following a wireless method. Via remote, these devices can be operated, and its features offer more flexibility. This fuels the demand for Bluetooth speaker. Waterproofing of the device is an add-on allowing spatial suppleness.

However, pirated products can create a bottleneck situation for the market as the faux-manufacturers offer such devices at a fraction of the original price. Growing trend of adopting other modes of listening to music may deepen the crisis, but this cannot hinder the market for long.

Market Segmentation:

Waterproof bluetooth speakers market is segmented on the basis of charging technology and applications. The application segment is further bifurcated into retail, educational, institutional, offices, homes and leisure. The home and leisure application segment is expected to grow at the highest rate considering the growing demand for portable speakers.

The major factor restraining the growth of waterproof bluetooth speakers market is the short range playback capacity. As the device goes out of range, the music stops and the range for bluetooth is small in comparison to Wi-Fi and airplay. This could be a major factor that could cause hindrance in the growth of waterproof bluetooth speakers market.

Industry News:

August 16, 2018, Waterproof Bluetooth Product Launch in India

Harman International, a Samsung Electronics owned company, have launched the JBL Xtreme 2 speaker in India. The speaker are waterproof and can be submerged in water without affecting.  These speakers incorporate noise and echo-cancelling speakerphone. The model has 15 hours of playtime and an IPX 7 rating for a full waterproof design.

September 2017, Bose Corporation launches waterproof SoundLink Micro Bluetooth speaker

September 7, 2017, Bose Corporation had launched SoundLink Micro. These are small speaker with a weight less than 300g. These are waterproof speaker, with 6 hours of battery life and with a range of 9m using Bluetooth.

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: 

Waterproof bluetooth speakers market can be segmented on the basis of charging technology and application. The charging technology comprises of AC only, DC only, AC/DC and wireless charging. Bluetooth offers to stream their audio to the speakers without separate adapters or transmitters. Wireless charging makes use of on dock charging and offers complete wireless experience.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

List Of Tables

Table 1 Waterproof Bluetooth Speakers Market, By Charging Technology

Table 2 Waterproof Bluetooth Speakers Market, By Application

Table 3 Waterproof Bluetooth Speakers Market, By Regions

Continued…

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List Of Figures

Figure 1 Research Type

Figure 2 Waterproof Bluetooth Speakers Market, By Charging Technology (%)

Figure 3 Waterproof Bluetooth Speakers Market, By Application (%)

Continued…

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