Global Wireless Audio Devices Market Size, Share, Value, And Competitive Landscape 2021-2026

Report Description
Introduction

Wireless Audio Devices are technology which uses radio frequencies waves to receive audio signals. It consists a RF transmitter unit as well as a RF receiver which helps to exchange the data without any use of audio cable. Growing audio and entertainment industry as well as heavy demand for smartphones among the consumers and advancement in wireless technology is helping the global wireless audio device market to grow. The Global Wireless Audio Device Market has been valued at US $15 billion in the year 2015 which is expected to grow at US $33 billion by the end of forecast period with CAGR of 11%.

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Global Wireless Audio Device Market is being dominated by North America whereas Asia-Pacific has emerged as fastest growing market with CAGR of 12%. Lower cost of equipment’s and increasing the smart home trend is helping the North America to hold the first position. Established automotive industry and higher standard of living of North American countries are supporting the demand for wireless audio device.

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Key Players
The Key Players in the market of Wireless Audio Device are- Sony Corporation, Sonos Inc., D&M HOLDINGS INC.,  Koninklijke Philips N.V., VIZIO Holdings Inc., Apple Inc., VOXX International Corporation, Harman International Industries Incorporated,  Bose Corporation, Sennheiser Electronic GmbH & Company KG, Samsung Electronics Co. Ltd., Shure Incorporated, Pure, Panasonic Corporation, and LG Electronics.

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Global Wireless Audio Devices Market Analysis & Forecast, From 2016 To 2022
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global Wireless Audio Devices market development and demand market
• Upcoming technologies, high growth geographies and countries were identified
• Regional and country specific demand and forecast for Wireless Audio Devices were studied
• Key segments covered in the report are: product, technology, application and region.
• Unit breakdown for all different classification was finalized; and same was referred for forecasting, keeping few assumptions into factor
• For all the regions: forecast demand for all applications were identified and then with historical figure, data collected through primary and annual reports were triangulated to derive the regional market size
• Historical trend is identified to forecast and estimate the future value data

Target Audience
• Car Manufacturers
• Smart Phone Manufactures
• Audio Device Manufactures
• Audio Devices Suppliers
• OEMs
• Hardware Component Providers

Key Findings
• The global Wireless Audio Devices market and is expected to reach $33 billion by 2022.
• Wireless Headsets holds largest market share by product segment and accounts for 42% of total revenue in 2016.
• By Technology, Bluetooth accounts for largest market share and has been valued at US $11.9 Billion in the year 2016.
• By Application, Commercial Applications has been valued at US $7.9 billion in the year 2016.
• By Region, North America Wireless Audio Device Market has been valued at US $6.2 billion followed by Europe and Asia-Pacific.

Regional and Country Analysis of Wireless Audio Devices Market Estimation and Forecast
North America accounts for largest market share of Wireless Audio Device Market due to lower cost of consumer equipment and technological advancement. Europe holds second position in the market of closely followed by Asia-Pacific.

The reports also cover country level analysis:
• North America
o US
o Canada
o Others
• Europe
o Germany
o UK
o France
o Spain
o Other
• Asia – Pacific
o China
o India
o Japan
o South Korea
o Others
• Rest of the World
o Middle East
o Latin America

Table of Content

1 EXECUTIVE SUMMARY 17
2 REPORT SCOPE 24
2.1 MARKET DEFINITION 24
2.2 REPORT COVERAGE 25
2.2.1 MARKET CLASSIFICATION 25
2.2.1.1 Market Segmentation by Geography 26
2.3 ASSUMPTIONS AND LIMITATIONS 26
2.4 STAKEHOLDERS 28
3 RESEARCH METHODOLOGY 29
3.1 RESEARCH PARAMETERS 29
3.2 RESEARCH DESIGN 30
3.2.1 PRIMARY RESEARCH 30
3.2.2 SECONDARY RESEARCH 32
3.2.3 DATA TRIANGULATION 33
3.2.4 DATA ANALYZING & MARKET ESTIMATION 35
3.2.4.1 Top-down Approach 35
3.2.4.2 Bottom-up Approach 36
4 INDUSTRY ANALYSIS 37
4.1 VALUE CHAIN ANALYSIS 37
4.2 PRICING ANALYSIS – BY DEVICES 38
4.3 MULTI-ROOM WIRELESS AUDIO – EMERGING TRENDS 39
4.4 CONSORTIUMS 40
4.4.1 AUDIO ENGINEERING SOCIETY (AES) 40
4.4.2 AVNU ALLIANCE 40
4.4.3 WIRELESS SPEAKER & AUDIO (WISA) ASSOCIATION 41
4.4.4 IWPC – THE INTERNATIONAL WIRELESS INDUSTRY CONSORTIUM 41
4.4.5 WIRELESSHD 41
4.4.6 BLUETOOTH SIG 42
4.4.7 EUROPEAN TELECOMMUNICATIONS STANDARDS INSTITUTE (ETSI) 42
5 MARKET DYNAMICS 43
5.1 INTRODUCTION 43
5.2 DRIVERS IN THE MARKET 44
5.2.1 INCREASING ACCEPTANCE OF SMART PHONES AS A SOURCE OF ENTERTAINMENT AMONG THE CONSUMERS 44
5.2.2 RISING EXPENDITURE ON SEMICONDUCTOR FOR WIRELESS DEVICES 45
5.2.3 ADVANCEMENTS IN WIRELESS TECHNOLOGIES 46
5.3 OPPORTUNITIES IN THE MARKET 47
5.3.1 INCREASING USE OF WIRELESS DEVICES IN CONSUMER APPLICATIONS 47
5.3.2 GROWING LEISURE AND HOSPITALITY SECTOR 48
5.4 RESTRAINTS IN THE MARKET 49
5.4.1 NEGATIVE HEALTH EFFECTS OF WIRELESS DEVICES 49
5.4.2 TECHNICAL DIFFICULTIES 50
6 COMPETITIVE INSIGHTS 52
6.1 KEY MARKET DEVELOPMENTS & STRATEGIES (2014-2016) 52
6.1.1 NEW PRODUCT LAUNCH, DEVELOPMENT AND EXPANSION 52
6.1.2 PARTNERSHIP, JOINT VENTURE, COLLABORATION AND CONTRACT 60
6.1.3 BUSINESS EXPANSION AND CERTIFICATION 62
6.1.4 MERGER & ACQUISITION 62
6.1.5 OTHERS 63
6.2 PORTER’S FIVE FORCES ANALYSIS 65
6.2.1 THREAT FROM NEW ENTRANTS 66
6.2.2 BARGAINING POWER OF BUYERS 67
6.2.3 BARGAINING POWER OF SUPPLIERS 67
6.2.4 THREAT FROM SUBSTITUTES 68
6.2.5 INTENSITY OF COMPETITIVE RIVALRY 68
6.3 LEADING PLAYERS ANALYSIS 69
6.4 R&D ANALYSIS OF LEADING PLAYERS IN WIRELESS AUDIO DEVICE MARKET 70
6.5 SUPPLIERS ANALYSIS OF WIRELESS AUDIO DEVICES 71
6.5.1 SOUND BARS 71
6.5.2 WIRELESS HEADSETS 72
6.5.3 WIRELESS MICROPHONES 72
6.5.4 WIRELESS SPEAKER SYSTEMS 73
7 GLOBAL WIRELESS AUDIO DEVICE MARKET SIZE & FORECAST 74
7.1 INTRODUCTION 75
7.2 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY PRODUCT 76
7.3 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY APPLICATION 79
7.4 GLOBAL WIRELESS AUDIO MARKET BREAKDOWN BY REGION 82
8 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY PRODUCT 86
8.1 SOUND BARS 87
8.1.1 INTRODUCTION 87
8.1.2 SOUND BARS MARKET BY APPLICATION 90
8.1.3 SOUND BARS MARKET BY REGION 93
8.2 WIRELESS HEADSETS 96
8.2.1 INTRODUCTION  96
8.2.2 WIRELESS HEADSETS MARKET BY APPLICATION 100
8.2.3 WIRELESS HEADSETS MARKET BY REGION 102
8.3 WIRELESS MICROPHONES 105
8.3.1 INTRODUCTION 105
8.3.2 WIRELESS MICROPHONES MARKET BY APPLICATION 108
8.3.3 WIRELESS MICROPHONES MARKET BY REGION 110
8.4 WIRELESS SPEAKER SYSTEMS 113
8.4.1 INTRODUCTION 113
8.4.2 WIRELESS SPEAKER SYSTEMS MARKET BY APPLICATION 117
8.4.3 WIRELESS SPEAKER SYSTEMS MARKET BY REGION 119
9 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY TECHNOLOGY 122
9.1 INTRODUCTION 123
9.1.1 AIRPLAY 125
9.1.2 BLUETOOTH 126
9.1.3 WI-FI 128
10 GLOBAL WIRELESS AUDIO DEVICE MARKET BREAKDOWN BY REGION 130
10.1 INTRODUCTION 131
10.2 NORTH AMERICA MARKET BY COUNTRY 132
10.2.1 U.S. WIRELESS AUDIO DEVICE MARKET 134
10.2.2 CANADA WIRELES AUDIO DEVICE MARKET 135
10.3 ASIA PACIFIC MARKET BY COUNTRY 136
10.3.1 CHINA WIRELESS AUDIO DEVICE MARKET 138
10.3.2 INDIA WIRELESS AUDIO DEVICE MARKET 139
10.3.3 JAPAN WIRELESS AUDIO DEVICE MARKET 140
10.3.4 SOUTH KOREA WIRELESS AUDIO DEVICE MARKET 140
10.4 EUROPE MARKET BY COUNTRY 141
10.4.1 GERMANY WIRELESS AUDIO DEVICE MARKET 143
10.4.2 U.K. WIRELESS AUDIO DEVICE MARKET 144
10.4.3 FRANCE WIRELESS AUDIO DEVICE MARKET 145
10.4.4 SPAIN WIRELESS AUDIO DEVICE MARKET 145
10.5 REST OF THE WORLD MARKET BY COUNTRY 146
11 COMPANY PROFILES 148
11.1 INTRODUCTION 148
11.2 SONY CORPORATION 149
11.2.1 COMPANY OVERVIEW 149
11.2.2 FINANCIALS 150
11.2.2.1 Overall Financials 150
11.2.2.2 Geographic Revenue Mix 151
11.2.2.3 Segment Revenue Mix 152
11.2.2.4 Financial Summary 152
11.2.3 KEY STRATEGIES & DEVELOPMENTS 153
11.2.4 SWOT ANALYSIS 154
11.3 BOSE CORPORATION 155
11.3.1 COMPANY OVERVIEW 155
11.3.2 KEY STRATEGIES & DEVELOPMENTS 156
11.3.3 SWOT ANALYSIS 157
11.4 SENNHEISER ELECTRONIC GMBH & COMPANY KG 158
11.4.1 COMPANY OVERVIEW 158
11.4.2 FINANCIALS 159
11.4.2.1 Overall Financials 159
11.4.2.2 Geographic Revenue Mix 160
11.4.2.3 Segment Revenue Mix 161
11.4.2.4 Financial Summary 161
11.4.3 KEY STRATEGIES & DEVELOPMENTS 162
11.4.4 SWOT ANALYSIS 165
11.5 HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED 166
11.5.1 COMPANY OVERVIEW 166
11.5.2 FINANCIALS 167
11.5.2.1 Overall Financials 167
11.5.2.2 Segment Revenue Mix 168
11.5.2.3 Financial Summary 168
11.5.3 KEY STRATEGIES & DEVELOPMENTS 169
11.5.4 SWOT ANALYSIS 174
11.6 SONOS, INC. 175
11.6.1 COMPANY OVERVIEW 175
11.6.2 KEY STRATEGIES & DEVELOPMENTS 175
11.7 KONINKLIJKE PHILIPS N.V. 176
11.7.1 COMPANY OVERVIEW 176
11.7.2 FINANCIALS 177
11.7.2.1 Overall Financials 177
11.7.2.2 Geographic Revenue Mix 178
11.7.2.3 Segment Revenue Mix 179

……Continued

 

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