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According to a new report Global Home Theatre Market, published by KBV Research, the Global Home Theatre Market size is expected to reach $13,050.2 million by 2025, rising at a market growth of 8.3% CAGR during the forecast period.
The North America market dominated the Global Home Theatre Market by Region 2018, thereby, achieving a market value of $5,231.8 million by 2025, growing at a CAGR of 7.9 % during the forecast period. The Asia Pacific market is expected to witness a CAGR of 9.7% during (2019 - 2025). Additionally, The Europe market is expected to witness a CAGR of 7.5% during (2019 - 2025).
The Home Theatre In A Box System (HTIB) market contributed the largest revenue share to the Global Home Theatre Market by Product Type in 2018, and would achieve a market value of $8,410.5 Million by 2025, rising at a growth rate of 8% CAGR during the forecast period. The Sound Bar market is anticipated to experience a growth of 8.9% CAGR during (2019 - 2025).
The Offline market captured the highest market share in the Global Home Theatre Market by Distribution Channel in 2018, and is expected to reach a market size of $10,157.6 Million by 2025, poised to grow at a CAGR of 8 % during the forecast period. The Online market is forecasted to experience a CAGR of 9.7% during (2019 - 2025).
The report highlights the adoption of Home Theatre globally. 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 geographies included in the report are North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. For the better analysis, the geographies are segmented into countries.
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.
By Product Type
By Distribution Channel
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