According to a new report Asia Pacific Home Theatre Market, published by KBV Research, the Asia Pacific Home Theatre Market would witness market growth of 9.7% growth rate during the forecast period (2019-2025).
The China market dominated the Asia Pacific Home Theatre Market by Country 2018, thereby, achieving a market value of $908.1 million by 2025, growing at a CAGR of 7.7 % during the forecast period.The Japan market is expected to witness a CAGR of 8.5% during (2019 - 2025). Additionally, The India market is expected to witness a CAGR of 10.3% during (2019 - 2025).
The Home Theatre In A Box System (HTIB) market contributed the highest revenue share to the China Home Theatre Market by Product Type in 2018, and would attain a market value of $577.8 Million by 2025, rising at a growth of 7.3% CAGR during the forecast period. The Sound Bar market is predicted to witness a CAGR of 8.2% during (2019 - 2025).
The Offline market registered the largest market share in the Japan Home Theatre Market by Distribution Channel 2018, thereby, rising at a growth of 8.1% CAGR during the forecast period. The Online market is forecasted to experience a CAGR of 10% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/asia-pacific-home-theatre-market/
The report highlights the adoption of Home Theatre in Asia Pacific. Based on Product Type, the market is segmented into Home Theatre In A Box System (HTIB), Sound Bar and Component System. Based on Distribution Channel, the market is segmented into Offline and Online. The report also covers geographical segmentation of Home Theatre market. The countries included in the report are Chian, Japan, India, South Korea, Singapore, Australia and Rest of Asia Pacific.
Key market participants profiled in this report includes Bose Corporation, Sonos, Inc., Bowers &Wilkins Inc., Atlantic Technology Inc., LG Corporation (LG Electronics), Panasonic Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Sony Corporation, Koninklijke Philips N.V. and Toshiba Corporation.
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