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Home>Global Home Audio Equipment Market Research Report - Forecasts from 2017 to 2022 - Research and Markets

Global Home Audio Equipment Market Research Report - Forecasts from 2017 to 2022 - Research and Markets

Global Home Audio Equipment Market Research Report - Forecasts from 2017 to 2022 - Research and Markets

09/27/2017

Global Home Audio Equipment Market Research Report - Forecasts from 2017 to 2022 - Research and Markets

The "Global Home Audio Equipment Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.

The global home audio equipment market was valued at US$18.416 billion in 2016 and is projected to expand at a CAGR of 4.16% over the forecast period to reach US$23.516 billion by 2022

Home audio systems are purposed for home entertainment and have superior components such as surround sound receiver and shelf stereos. There are several other components to audio systems like speakers, projection system and a large screen. All these addition components collectively make the audio system superior.

The rising disposable income and high speed innovation in audio system industry drives the global home audio equipment market. Moreover, development of enhanced features like audio systems with ability to connect wirelessly with devices like smartphones, tablets, MP3 Devices, further drives the global market growth.

In addition, The increasing preference of customers to buy high-performance home theatre due to increase in disposable incomes and growing need to have better user experience propel the market growth for home audio equipment. Advancements in digital technology with changing media options from conventional to modern systems also contribute to the market growth considerably.

Key Topics Covered:

1. Introduction

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