Global Market for Loudspeakers to Reach US$4.03 Billion by…
Posted on | September 9, 2010 | Comments Off
It’s surprising this remained quiet so long.
It is relatively easy to miss the subtle inference, to influence profits. Really? Certainly is a instructive sample of the new normal business environment at the end of the day, especially on the topic of change.
Leading players in the market include Altec Lansing, Audiovox Corporation, Bose Corporation, Boston Acoustics Inc., B&W Group Ltd., Cambridge Sound Works Inc., Creative Labs Inc, Directed Electronics Inc., Harman International Industries Inc., KLH Audio Systems, Klipsch Group Inc., SpeakerCraft Inc., Sonance, Velodyne Acoustics Inc., Yamaha Corporation of America, among others.
Looking at the fine print, we see something very interesting.
Segment wise, Subwoofer Speakers is expected to register fastest growth to the tune of 3.14%, over the analysis period. Need for fully augmented audio systems will continue to lend demand traction to the subwoofers market in the post recession period. Other factors driving growth in this segment include – the popularity of advanced digital formats, availability of special receivers for powered subwoofers and consumer desire for accurate and faithful sound reproduction. Demand for pair speakers in the upcoming years is expected to nose-dive sharply leading to massive erosions in market value. A primary reason for the falling demand is the emergence of surround sound technology that has in effect made pair speakers relative outdated. World market for Pair Speakers is expected to witness erosion in sales to the tune of US$202.26 million between the period 2010 through 2015.
But wait, there’s more.