According to a new report LAMEA Home Theatre Market, published by KBV Research, the LAMEA Home Theatre Market would witness market growth of 9% growth rate during the forecast period (2019-2025).
The Brazil market dominated the LAMEA Online Home Theatre Market by Country 2018, thereby, achieving a market value of $59.4 million by 2025, growing at a CAGR of 9.4 % during the forecast period.The Argentina market is expected to witness a CAGR of 11.2% during (2019 - 2025). Additionally, The UAE market is expected to witness a CAGR of 10.2% during (2019 - 2025).
The Home Theatre In A Box System (HTIB) market captured the highest market share in the UAE Home Theatre Market by Product Type in 2018, and would achieve a market value of $135.5 Million by 2025, rising at a CAGR of 8.4% during the forecast period. The Sound Bar market is anticipated to experience a growth of 9.3% CAGR during (2019 - 2025).
The Brazil market contributed the largest revenue share to the LAMEA Home Theatre Market by Country 2018 and is expected to grow at a growth of 7.9% CAGR during the forecast period. Additionally, The UAE market is forecasted to witness a CAGR of 8.7% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/lamea-home-theatre-market/
The report highlights the adoption of Home Theatre in LAMEA. 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.
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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