According to a new report North America Home Theatre Market, published by KBV Research, the North America Home Theatre Market would witness market growth of 7.9% CAGR during the forecast period (2019-2025).
The US market dominated the North America Home Theatre Market by Country 2018, thereby, achieving a market value of $3,774.8 million by 2025, growing at a CAGR of 7.2 % during the forecast period.The Canada market is expected to witness a CAGR of 10.4% during (2019 - 2025). Additionally, The Mexico market is expected to witness a CAGR of 9.4% during (2019 - 2025).
The Home Theatre In A Box System (HTIB) market contributed the largest revenue share to the North America Home Theatre Market by Product Type in 2018, and is anticipated to achieve a market value of $3,312.9 Million by 2025, rising at a growth of 7.6% CAGR during the forecast period. The Sound Bar market is predicted to experience a growth of 8.5% CAGR during (2019 - 2025).
The Offline market registered the highest market share in the US Home Theatre Market by Distribution Channel 2018, thereby rising at a growth rate of 6.8% CAGR during the forecast period. The Online market is forecasted to witness a growth of 8.6% CAGR during (2019 - 2025).
Full Report:https://www.kbvresearch.com/north-america-home-theatre-market/
The report highlights the adoption of Home Theatre in North America. 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 USA, Canada, Mexico and Rest of North America.
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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By Distribution Channel
By Country
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