Transparency Market
Research
Home Audio Equipment Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2013 – 2019
Published Date
2014-06-25
85 Page Report
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Press Release
Home Audio Equipment Market Expected to Reach USD 20.68
Billion in 2019 : Transparency Market Research
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Home Audio Equipment Market
REPORT DESCRIPTION
According to a new market report published by Transparency Market Research “Home Audio Equipment
(Product Types - Home Theatre in-a-box, Home audio systems, Home radios, Other home audio
accessories) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” the
market was valued at USD 15.94 billion in 2012 and is expected to reach USD 20.68 billion by 2019,
growing at a CAGR of 3.7% from 2013 to 2019. Europe was the largest contributor to global home audio
equipment market in 2012. Asia Pacific region is expected to be the fastest growing market for home audio
equipment during the forecast period with a CAGR of 5.7% from 2013 to 2019. The rapid growth of
electronic industry in Asia Pacific region, particularly in countries like China, Japan, Korea, and India is
driving the growth of Asia Pacific in home audio equipment market.
Browse the full Home Audio Equipment Market report at
http://www.transparencymarketresearch.com/home-audio-equipments-market.html
Advancement in audio technologies and development of advanced home entertainment products has
increased the usage of home audio systems. Increase in disposable income has led to change in media
consumption habits. People prefer to buy technologically advanced entertainment products such as
computers, televisions, video game and smartphones among others.
There is increasing adoption of medium...