Soundbar Market
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PUBLISHED: 2021 ID: SMRC20561
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Soundbar Market Forecasts to 2028 – Global Analysis By Connectivity (Bluetooth, Wi-Fi), Type (Wall-Mounted, Table-Top), Application (Home Audio, Computers, Television Sets) and By Geography

4.5 (55 reviews)
4.5 (55 reviews)
Published: 2021 ID: SMRC20561

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Soundbar Market is accounted for $5.18 billion in 2020 and is expected to reach $7.94 billion by 2028 growing at a CAGR of 5.5% during the forecast period. Factors such as increasing the number of smart homes, integration of voice assistance technology in the soundbar, and high popularity of subscription-based music streaming are driving the market growth. However, the availability of low-priced stand-alone speakers is hampering the growth of the market.

Soundbars are audio devices that can project sound from a wider enclosure. They are also known as media bars, and are generally mounted underneath or above a display device. It helps in enhancing the sound experience of consumers.

Based on the connectivity, the bluetooth segment is anticipated to expand at a rapid pace during the forecast period due to greater availability of these devices, at affordable prices and the consumer preference for smart portable devices. By geography, Asia Pacific is going to have high growth during the forecast period owing to growing media consumption and presence of global, regional, and local industry players.

Some of the key players profiled in the Soundbar Market include Bose Corporation, Sonos Inc, Panasonic Corporation, Samsung Electronics Co Ltd, LG Electronics Inc , Boston Acoustics Inc, Hisense Home Appliance Group Co Ltd , Sony Corporation, Xiaomi Corporation, Koninklijke Philips NV, Blaupunkt GmbH (Aurelius Group), Voxx International Corporation, Edifier International Ltd, Polk Audio (DEI Holdings Inc), VIZIO Inc, Sennheiser Electronic GmbH & Co KG, and Onkyo Corporation.

Connectivities Covered:
• Bluetooth
• Wi-Fi

Installation Methods Covered:
• Active Soundbars
• Passive Soundbars   

Types Covered:
• Wall-Mounted
• Table-Top 

Equipment Types Covered:
• 7.1 Channel
• 5.1 Channel
• 3.1 Channel
• 2.1 Channel

Applications Covered:
• Commercial
• Home Audio
• Computers
• Music Players
• Television Sets 

Sales Channels Covered:
• Direct Channel
• Distribution Channel

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary    
      
2 Preface  
   
 2.1 Abstract    
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology  
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources 
  2.5.2 Secondary Research Sources 
  2.5.3 Assumptions  
      
3 Market Trend Analysis   
 3.1 Introduction    
 3.2 Drivers    
 3.3 Restraints    
 3.4 Opportunities   
 3.5 Threats    
 3.6 Application Analysis   
 3.7 Emerging Markets   
 3.8 Impact of Covid-19   
      
4 Porters Five Force Analysis   
 4.1 Bargaining power of suppliers  
 4.2 Bargaining power of buyers  
 4.3 Threat of substitutes   
 4.4 Threat of new entrants  
 4.5 Competitive rivalry   
      
5 Global Soundbar Market, By Connectivity  
 5.1 Introduction   
 5.2 Bluetooth    
 5.3 Wi-Fi    
      
6 Global Soundbar Market, By Installation Method 
 6.1 Introduction   
 6.2 Active Soundbars   
 6.3 Passive Soundbars   
      
7 Global Soundbar Market, By Type  
 7.1 Introduction   
 7.2 Wall-Mounted   
 7.3 Table-Top    
      
8 Global Soundbar Market, By Equipment Type 
 8.1 Introduction   
 8.2 7.1 Channel   
 8.3 5.1 Channel   
 8.4 3.1 Channel   
 8.5 2.1 Channel   
      
9 Global Soundbar Market, By Application  
 9.1 Introduction   
 9.2 Commercial   
 9.3 Home Audio   
 9.4 Computers   
 9.5 Music Players   
 9.6 Television Sets   
      
10 Global Soundbar Market, By Sales Channel 
 10.1 Introduction   
 10.2 Direct Channel   
 10.3 Distribution Channel   
  10.3.1 Online   
  10.3.2 Offline   
      
11 Global Soundbar Market, By Geography  
 11.1 Introduction   
 11.2 North America   
  11.2.1 US   
  11.2.2 Canada   
  11.2.3 Mexico   
 11.3 Europe    
  11.3.1 Germany   
  11.3.2 UK   
  11.3.3 Italy   
  11.3.4 France   
  11.3.5 Spain   
  11.3.6 Rest of Europe  
 11.4 Asia Pacific   
  11.4.1 Japan   
  11.4.2 China   
  11.4.3 India   
  11.4.4 Australia   
  11.4.5 New Zealand  
  11.4.6 South Korea  
  11.4.7 Rest of Asia Pacific  
 11.5 South America   
  11.5.1 Argentina   
  11.5.2 Brazil   
  11.5.3 Chile   
  11.5.4 Rest of South America 
 11.6 Middle East & Africa   
  11.6.1 Saudi Arabia  
  11.6.2 UAE   
  11.6.3 Qatar   
  11.6.4 South Africa  
  11.6.5 Rest of Middle East & Africa 
      
12 Key Developments    
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
 12.2 Acquisitions & Mergers  
 12.3 New Product Launch   
 12.4 Expansions   
 12.5 Other Key Strategies   
      
13 Company Profiling    
 13.1 Bose Corporation   
 13.2 Sonos Inc    
 13.3 Panasonic Corporation  
 13.4 Samsung Electronics Co Ltd  
 13.5 LG Electronics Inc   
 13.6 Boston Acoustics Inc   
 13.7 Hisense Home Appliance Group Co Ltd 
 13.8 Sony Corporation   
 13.9 Xiaomi Corporation   
 13.10 Koninklijke Philips NV   
 13.11 Blaupunkt GmbH (Aurelius Group) 
 13.12 Voxx International Corporation  
 13.13 Edifier International Ltd  
 13.14 Polk Audio (DEI Holdings Inc)  
 13.15 VIZIO Inc    
 13.16 Sennheiser Electronic GmbH & Co KG 
 13.17 Onkyo Corporation   


List of Tables     
1 Global Soundbar Market Outlook, By Region (2019-2028) ($MN)
2 Global Soundbar Market Outlook, By Connectivity (2019-2028) ($MN)
3 Global Soundbar Market Outlook, By Bluetooth (2019-2028) ($MN)
4 Global Soundbar Market Outlook, By Wi-Fi (2019-2028) ($MN)
5 Global Soundbar Market Outlook, By Installation Method (2019-2028) ($MN)
6 Global Soundbar Market Outlook, By Active Soundbars (2019-2028) ($MN)
7 Global Soundbar Market Outlook, By Passive Soundbars (2019-2028) ($MN)
8 Global Soundbar Market Outlook, By Type (2019-2028) ($MN)
9 Global Soundbar Market Outlook, By Wall-Mounted (2019-2028) ($MN)
10 Global Soundbar Market Outlook, By Table-Top (2019-2028) ($MN)
11 Global Soundbar Market Outlook, By Equipment Type (2019-2028) ($MN)
12 Global Soundbar Market Outlook, By 7.1 Channel (2019-2028) ($MN)
13 Global Soundbar Market Outlook, By 5.1 Channel (2019-2028) ($MN)
14 Global Soundbar Market Outlook, By 3.1 Channel (2019-2028) ($MN)
15 Global Soundbar Market Outlook, By 2.1 Channel (2019-2028) ($MN)
16 Global Soundbar Market Outlook, By Application (2019-2028) ($MN)
17 Global Soundbar Market Outlook, By Commercial (2019-2028) ($MN)
18 Global Soundbar Market Outlook, By Home Audio (2019-2028) ($MN)
19 Global Soundbar Market Outlook, By Computers (2019-2028) ($MN)
20 Global Soundbar Market Outlook, By Music Players (2019-2028) ($MN)
21 Global Soundbar Market Outlook, By Television Sets (2019-2028) ($MN)
22 Global Soundbar Market Outlook, By Sales Channel (2019-2028) ($MN)
23 Global Soundbar Market Outlook, By Direct Channel (2019-2028) ($MN)
24 Global Soundbar Market Outlook, By Distribution Channel (2019-2028) ($MN)
25 Global Soundbar Market Outlook, By Online (2019-2028) ($MN)
26 Global Soundbar Market Outlook, By Offline (2019-2028) ($MN)
27 North America Soundbar Market Outlook, By Country (2019-2028) ($MN)
28 North America Soundbar Market Outlook, By Connectivity (2019-2028) ($MN)
29 North America Soundbar Market Outlook, By Bluetooth (2019-2028) ($MN)
30 North America Soundbar Market Outlook, By Wi-Fi (2019-2028) ($MN)
31 North America Soundbar Market Outlook, By Installation Method (2019-2028) ($MN)
32 North America Soundbar Market Outlook, By Active Soundbars (2019-2028) ($MN)
33 North America Soundbar Market Outlook, By Passive Soundbars (2019-2028) ($MN)
34 North America Soundbar Market Outlook, By Type (2019-2028) ($MN)
35 North America Soundbar Market Outlook, By Wall-Mounted (2019-2028) ($MN)
36 North America Soundbar Market Outlook, By Table-Top (2019-2028) ($MN)
37 North America Soundbar Market Outlook, By Equipment Type (2019-2028) ($MN)
38 North America Soundbar Market Outlook, By 7.1 Channel (2019-2028) ($MN)
39 North America Soundbar Market Outlook, By 5.1 Channel (2019-2028) ($MN)
40 North America Soundbar Market Outlook, By 3.1 Channel (2019-2028) ($MN)
41 North America Soundbar Market Outlook, By 2.1 Channel (2019-2028) ($MN)
42 North America Soundbar Market Outlook, By Application (2019-2028) ($MN)
43 North America Soundbar Market Outlook, By Commercial (2019-2028) ($MN)
44 North America Soundbar Market Outlook, By Home Audio (2019-2028) ($MN)
45 North America Soundbar Market Outlook, By Computers (2019-2028) ($MN)
46 North America Soundbar Market Outlook, By Music Players (2019-2028) ($MN)
47 North America Soundbar Market Outlook, By Television Sets (2019-2028) ($MN)
48 North America Soundbar Market Outlook, By Sales Channel (2019-2028) ($MN)
49 North America Soundbar Market Outlook, By Direct Channel (2019-2028) ($MN)
50 North America Soundbar Market Outlook, By Distribution Channel (2019-2028) ($MN)
51 North America Soundbar Market Outlook, By Online (2019-2028) ($MN)
52 North America Soundbar Market Outlook, By Offline (2019-2028) ($MN)
53 Europe Soundbar Market Outlook, By Country (2019-2028) ($MN)
54 Europe Soundbar Market Outlook, By Connectivity (2019-2028) ($MN)
55 Europe Soundbar Market Outlook, By Bluetooth (2019-2028) ($MN)
56 Europe Soundbar Market Outlook, By Wi-Fi (2019-2028) ($MN)
57 Europe Soundbar Market Outlook, By Installation Method (2019-2028) ($MN)
58 Europe Soundbar Market Outlook, By Active Soundbars (2019-2028) ($MN)
59 Europe Soundbar Market Outlook, By Passive Soundbars (2019-2028) ($MN)
60 Europe Soundbar Market Outlook, By Type (2019-2028) ($MN)
61 Europe Soundbar Market Outlook, By Wall-Mounted (2019-2028) ($MN)
62 Europe Soundbar Market Outlook, By Table-Top (2019-2028) ($MN)
63 Europe Soundbar Market Outlook, By Equipment Type (2019-2028) ($MN)
64 Europe Soundbar Market Outlook, By 7.1 Channel (2019-2028) ($MN)
65 Europe Soundbar Market Outlook, By 5.1 Channel (2019-2028) ($MN)
66 Europe Soundbar Market Outlook, By 3.1 Channel (2019-2028) ($MN)
67 Europe Soundbar Market Outlook, By 2.1 Channel (2019-2028) ($MN)
68 Europe Soundbar Market Outlook, By Application (2019-2028) ($MN)
69 Europe Soundbar Market Outlook, By Commercial (2019-2028) ($MN)
70 Europe Soundbar Market Outlook, By Home Audio (2019-2028) ($MN)
71 Europe Soundbar Market Outlook, By Computers (2019-2028) ($MN)
72 Europe Soundbar Market Outlook, By Music Players (2019-2028) ($MN)
73 Europe Soundbar Market Outlook, By Television Sets (2019-2028) ($MN)
74 Europe Soundbar Market Outlook, By Sales Channel (2019-2028) ($MN)
75 Europe Soundbar Market Outlook, By Direct Channel (2019-2028) ($MN)
76 Europe Soundbar Market Outlook, By Distribution Channel (2019-2028) ($MN)
77 Europe Soundbar Market Outlook, By Online (2019-2028) ($MN)
78 Europe Soundbar Market Outlook, By Offline (2019-2028) ($MN)
79 Asia Pacific Soundbar Market Outlook, By Country (2019-2028) ($MN)
80 Asia Pacific Soundbar Market Outlook, By Connectivity (2019-2028) ($MN)
81 Asia Pacific Soundbar Market Outlook, By Bluetooth (2019-2028) ($MN)
82 Asia Pacific Soundbar Market Outlook, By Wi-Fi (2019-2028) ($MN)
83 Asia Pacific Soundbar Market Outlook, By Installation Method (2019-2028) ($MN)
84 Asia Pacific Soundbar Market Outlook, By Active Soundbars (2019-2028) ($MN)
85 Asia Pacific Soundbar Market Outlook, By Passive Soundbars (2019-2028) ($MN)
86 Asia Pacific Soundbar Market Outlook, By Type (2019-2028) ($MN)
87 Asia Pacific Soundbar Market Outlook, By Wall-Mounted (2019-2028) ($MN)
88 Asia Pacific Soundbar Market Outlook, By Table-Top (2019-2028) ($MN)
89 Asia Pacific Soundbar Market Outlook, By Equipment Type (2019-2028) ($MN)
90 Asia Pacific Soundbar Market Outlook, By 7.1 Channel (2019-2028) ($MN)
91 Asia Pacific Soundbar Market Outlook, By 5.1 Channel (2019-2028) ($MN)
92 Asia Pacific Soundbar Market Outlook, By 3.1 Channel (2019-2028) ($MN)
93 Asia Pacific Soundbar Market Outlook, By 2.1 Channel (2019-2028) ($MN)
94 Asia Pacific Soundbar Market Outlook, By Application (2019-2028) ($MN)
95 Asia Pacific Soundbar Market Outlook, By Commercial (2019-2028) ($MN)
96 Asia Pacific Soundbar Market Outlook, By Home Audio (2019-2028) ($MN)
97 Asia Pacific Soundbar Market Outlook, By Computers (2019-2028) ($MN)
98 Asia Pacific Soundbar Market Outlook, By Music Players (2019-2028) ($MN)
99 Asia Pacific Soundbar Market Outlook, By Television Sets (2019-2028) ($MN)
100 Asia Pacific Soundbar Market Outlook, By Sales Channel (2019-2028) ($MN)
101 Asia Pacific Soundbar Market Outlook, By Direct Channel (2019-2028) ($MN)
102 Asia Pacific Soundbar Market Outlook, By Distribution Channel (2019-2028) ($MN)
103 Asia Pacific Soundbar Market Outlook, By Online (2019-2028) ($MN)
104 Asia Pacific Soundbar Market Outlook, By Offline (2019-2028) ($MN)
105 South America Soundbar Market Outlook, By Country (2019-2028) ($MN)
106 South America Soundbar Market Outlook, By Connectivity (2019-2028) ($MN)
107 South America Soundbar Market Outlook, By Bluetooth (2019-2028) ($MN)
108 South America Soundbar Market Outlook, By Wi-Fi (2019-2028) ($MN)
109 South America Soundbar Market Outlook, By Installation Method (2019-2028) ($MN)
110 South America Soundbar Market Outlook, By Active Soundbars (2019-2028) ($MN)
111 South America Soundbar Market Outlook, By Passive Soundbars (2019-2028) ($MN)
112 South America Soundbar Market Outlook, By Type (2019-2028) ($MN)
113 South America Soundbar Market Outlook, By Wall-Mounted (2019-2028) ($MN)
114 South America Soundbar Market Outlook, By Table-Top (2019-2028) ($MN)
115 South America Soundbar Market Outlook, By Equipment Type (2019-2028) ($MN)
116 South America Soundbar Market Outlook, By 7.1 Channel (2019-2028) ($MN)
117 South America Soundbar Market Outlook, By 5.1 Channel (2019-2028) ($MN)
118 South America Soundbar Market Outlook, By 3.1 Channel (2019-2028) ($MN)
119 South America Soundbar Market Outlook, By 2.1 Channel (2019-2028) ($MN)
120 South America Soundbar Market Outlook, By Application (2019-2028) ($MN)
121 South America Soundbar Market Outlook, By Commercial (2019-2028) ($MN)
122 South America Soundbar Market Outlook, By Home Audio (2019-2028) ($MN)
123 South America Soundbar Market Outlook, By Computers (2019-2028) ($MN)
124 South America Soundbar Market Outlook, By Music Players (2019-2028) ($MN)
125 South America Soundbar Market Outlook, By Television Sets (2019-2028) ($MN)
126 South America Soundbar Market Outlook, By Sales Channel (2019-2028) ($MN)
127 South America Soundbar Market Outlook, By Direct Channel (2019-2028) ($MN)
128 South America Soundbar Market Outlook, By Distribution Channel (2019-2028) ($MN)
129 South America Soundbar Market Outlook, By Online (2019-2028) ($MN)
130 South America Soundbar Market Outlook, By Offline (2019-2028) ($MN)
131 Middle East & Africa Soundbar Market Outlook, By Country (2019-2028) ($MN)
132 Middle East & Africa Soundbar Market Outlook, By Connectivity (2019-2028) ($MN)
133 Middle East & Africa Soundbar Market Outlook, By Bluetooth (2019-2028) ($MN)
134 Middle East & Africa Soundbar Market Outlook, By Wi-Fi (2019-2028) ($MN)
135 Middle East & Africa Soundbar Market Outlook, By Installation Method (2019-2028) ($MN)
136 Middle East & Africa Soundbar Market Outlook, By Active Soundbars (2019-2028) ($MN)
137 Middle East & Africa Soundbar Market Outlook, By Passive Soundbars (2019-2028) ($MN)
138 Middle East & Africa Soundbar Market Outlook, By Type (2019-2028) ($MN)
139 Middle East & Africa Soundbar Market Outlook, By Wall-Mounted (2019-2028) ($MN)
140 Middle East & Africa Soundbar Market Outlook, By Table-Top (2019-2028) ($MN)
141 Middle East & Africa Soundbar Market Outlook, By Equipment Type (2019-2028) ($MN)
142 Middle East & Africa Soundbar Market Outlook, By 7.1 Channel (2019-2028) ($MN)
143 Middle East & Africa Soundbar Market Outlook, By 5.1 Channel (2019-2028) ($MN)
144 Middle East & Africa Soundbar Market Outlook, By 3.1 Channel (2019-2028) ($MN)
145 Middle East & Africa Soundbar Market Outlook, By 2.1 Channel (2019-2028) ($MN)
146 Middle East & Africa Soundbar Market Outlook, By Application (2019-2028) ($MN)
147 Middle East & Africa Soundbar Market Outlook, By Commercial (2019-2028) ($MN)
148 Middle East & Africa Soundbar Market Outlook, By Home Audio (2019-2028) ($MN)
149 Middle East & Africa Soundbar Market Outlook, By Computers (2019-2028) ($MN)
150 Middle East & Africa Soundbar Market Outlook, By Music Players (2019-2028) ($MN)
151 Middle East & Africa Soundbar Market Outlook, By Television Sets (2019-2028) ($MN)
152 Middle East & Africa Soundbar Market Outlook, By Sales Channel (2019-2028) ($MN)
153 Middle East & Africa Soundbar Market Outlook, By Direct Channel (2019-2028) ($MN)
154 Middle East & Africa Soundbar Market Outlook, By Distribution Channel (2019-2028) ($MN)
155 Middle East & Africa Soundbar Market Outlook, By Online (2019-2028) ($MN)
156 Middle East & Africa Soundbar Market Outlook, By Offline (2019-2028) ($MN)

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