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Global Wireless Audio Devices Market By Product Type (Sound Bars, Wireless Headsets & Microphones, Wireless Speaker Systems), By Application (Commercial, Consumer) - Business Overview, Analysis and Industry Forecast 2018-2023

 Semiconductors and Electronics

Report Overview

Global Wireless Audio Devices Market was valued at USD 17.5 Billion in the year 2017. Global Wireless Audio Devices Market is further estimated to grow at a CAGR of 11.3% from 2018 to reach USD 33.27 Billion by the year 2023. North America region holds the highest market share in 2017 and the Asia-Pacific market is considered as the fastest growing market in the forecasted period. At the country level, the U.S is projected to grow strongly in the coming years.

Sony Corporation (Japan), Sennheiser Electronic GmbH & Co. KG (Germany), Apple Inc. (U.S), Bose Corporation (U.S), Koninklijke Philips N.V. (Netherlands), DEI Holdings Inc. (U.S), LG Electronics (South Korea), Vizio Inc. (U.S), Harman International (JBL) (U.S), are some of the key players in the Global Wireless Audio Devices market. Rising research and development expenses to cater to changing demand of end users. similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Drivers:

Rising adoption of smartphones

Improving wireless technologies

Restraints:

May cause negative health issue

Opportunities:

            Rising demand in live music streaming

Challenges:

            Threats from substitute

The Global Wireless Audio Devices Market is segmented on the basis of product type, application, technology and region. The major shares of the market come from Wireless Speaker System, by product in Global Wireless Audio Devices Market. On the other hand, Bluetooth speakers, by application for this market is expected to grow at highest CAGR during the year 2018-2023.

Key Benefits for Stakeholders

Wireless Audio Devices manufacturer and provider,

Smartphone and audio device organization, System Integrators,

Technology Standards Organizations,

By Product Type         

Sound Bars

Wireless Headsets & Microphones

Wireless Speaker Systems

Others

By Application

Commercial

Consumer

Automotive

Others

By Technology

Wi-Fi

Bluetooth

Airplay

Radio Frequency

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

Sony Corporation

Sennheiser Electronic GmbH & Co. KG

Apple Inc.

Bose Corporation

Koninklijke Philips N.V.

DEI Holdings Inc.

LG Electronics

Vizio Inc.

Harman International (JBL)  

(A brief overview of 10 companies is also provided in the report)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1.      Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2.      Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3.      To avoid bias, we filter the collected data collected from authenticated sources.
  4.      GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5.      Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6.      Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

    1.1 Market Vision

          1.1.1 Market Definition

           1.1.2 Market Scope

    1.2 Limitations

    1.3 Stakeholders

2. Research Methodology

    2.1. Research Process

           2.1.1. Secondary Research

                     2.1.1.1. Key Data from Secondary Research

           2.1.2. Primary Research

                     2.1.2.1. Key Data from Primary Research

                     2.1.2.2. Breakdowns of Primary Interviews

    2.2. Market Size Estimation

           2.2.1. Bottoms-Up Approach

           2.2.2. Top-Down Approach

           2.2.3. Annual Revenue Process

   2.3. Data Triangulation 

   2.4. Research Assumptions 

          2.4.1. Assumption

3. Executive Summary

4. Market Overview

    4.1. Introduction

    4.2. Drivers

    4.3. Restraints

    4.4. Opportunities

    4.5. Challenges

    4.6. Regulations

    4.7. Supply Chain/Value Chain Analysis

    4.8. Patent & Standards

5. Industry Trends

    5.1. Introduction

    5.2. Porter’s Five Forces Analysis

           5.2.1. Threat of New Entrants

           5.2.2. Threat of Substitutes

           5.2.3. Bargaining Power of Buyers

           5.2.4. Bargaining Power of Suppliers

           5.2.5. Intensity of Competitive Rivalry

6. Global Wireless Audio Devices Market, By Product Type    

    6.1. Sound Bars

    6.2. Wireless Headsets & Microphones

    6.3. Wireless Speaker Systems

    6.4. Others

7. Global Wireless Audio Devices Market, By Application

    7.1. Commercial

    7.2. Consumer

    7.3. Automotive

    7.4. Others

8. Global Wireless Audio Devices Market, By Technology

    8.1. Wi-Fi

    8.2. Bluetooth

    8.3. Airplay

    8.4. Radio Frequency

9. Geographical Analysis

    9.1. Introduction

    9.2. North America

          9.2.1. U.S.

          9.2.2. Canada

          9.2.3. Mexico

   9.3. Europe

          9.3.1. U.K.

          9.3.2. Germany

          9.3.3. France

          9.3.4. RoE

   9.4. Asia Pacific

          9.4.1. South Korea

          9.4.2. China

          9.4.3. Japan

          9.4.4. RoAPAC

   9.5. RoW

          9.5.1. Latin America

          9.5.2. Middle East and Africa

10. Company Profiles

      10.1. Sony Corporation

      10.2. Sennheiser Electronic GmbH & Co. KG

      10.3. Apple Inc.

      10.4. Bose Corporation

      10.5. Koninklijke Philips N.V.

      10.6. DEI Holdings Inc.

      10.7. LG Electronics

      10.8. Vizio Inc.

      10.9. Harman International (JBL) 

      (A brief overview of 10 companies is also provided in the report.)

11. Competitive Analysis

      11.1. Introduction

      11.2. Market Positioning of Key Players

      11.3 Competitive Strategies Adopted by Leading Players

              11.3.1. Investments & Expansions

              11.3.2. New Product Launches

              11.3.3. Mergers & Acquisitions

              11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

      12.1. Questionnaire

      12.2. Available Customizations 

      12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

Summary

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