According to a new report Europe Home Theatre Market, published by KBV Research, the Europe Home Theatre Market would witness market growth of 7.5% growth rate during the forecast period (2019-2025).
The Home Theatre In A Box System (HTIB) market dominated the Europe Home Theatre Market by Product Type in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $2,244.8 Million by 2025, growing at a CAGR of 7.3 % during the forecast period. The Sound Bar market is expected to witness a CAGR of 8.1% during (2019 - 2025).
The Germany market garnered the maximum market share in the Europe Home Theatre Market by Country 2018, thereby, rising at a growth rate of 6.2% CAGR during the forecast period. The UK market is anticipated to experience a CAGR of 6.6% during (2019 - 2025). Additionally, The France market is predicted to witness a CAGR of 8.2% during (2019 - 2025).
The Offline market contributed the largest revenue share to the France Home Theatre Market by Distribution Channel 2018, and is expected to grow at a CAGR of 7.9% during the forecast period. The Online market is predicted to experience a CAGR of 9.7% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/europe-home-theatre-market/
The report highlights the adoption of Home Theatre in Europe. 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 Germany, UK, France, Russia, Spain, Italy and Rest of Europe.
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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