This Loudspeakers and Sound Bars market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The loudspeakers and sound bars market size has grown strongly in recent years. It will grow from $30.25 billion in 2024 to $31.77 billion in 2025 at a compound annual growth rate (CAGR) of 5%. The growth in the historic period can be attributed to entertainment industry, home audio systems, automotive audio, consumer electronics, wireless and bluetooth technology.
The loudspeakers and sound bars market size is expected to see steady growth in the next few years. It will grow to $37.07 billion in 2029 at a compound annual growth rate (CAGR) of 3.9%. The growth in the forecast period can be attributed to smart home ecosystems, high-resolution audio, gaming and esports, 5g technology, home office and remote work. Major trends in the forecast period include voice control and ai integration, soundbars with immersive audio, wireless multi-room audio, compact and portable speakers, sustainability and eco-friendly materials.
Increased global consumer spending on entertainment products has significantly contributed to the upward trajectory of the loudspeakers market in the projected period. Consumers are increasingly opting for external sound systems as a key element of their home entertainment, showing a growing preference for high-quality sound experiences, leading to a willingness to invest more in sound systems. In February 2022, the Digital Entertainment Group (DEG) reported a significant surge in consumer spending on home entertainment, reaching a record $32.3 billion in total physical and digital home entertainment spending, reflecting a 7.8% increase. The integration of smart devices equipped with voice assistants and loudspeakers amplifies the home entertainment experience. This heightened consumer spending, coupled with an amplified emphasis on sound quality, is stimulating the demand for various forms of loudspeakers, thereby propelling the growth of the loudspeakers market.
The anticipated growth in the loudspeakers and sound bars market is closely linked to the increasing prevalence of live music events and concerts. Such events have become instrumental for enthusiasts and artists alike, offering a unique and personal musical encounter. Loudspeakers and sound bars hold significant importance in these live events, delivering compelling and clear audio to the audience. For example, in 2023, Live Nation Entertainment Inc. observed a substantial surge in ticket sales for live shows, surpassing 117 million in the second quarter, indicating a 20% growth from the preceding year. Concurrently, Ticketmaster reported a 22% sales increase, projecting management of approximately 600 million tickets, with 300 million being fee-bearing tickets this year. Consequently, the upsurge in live music events and concerts is fostering the demand for the loudspeakers and sound bars market.
The demand for wireless audio equipment is rapidly surging, driven by the increasing popularity of mobile devices and evolving consumer media consumption habits. Users increasingly opt to wirelessly stream audio from their mobile devices, tablets, and laptops to speakers. This behavioral shift fuels the growth of Wi-Fi and Bluetooth-connected speakers, compelling manufacturers like Samsung, LG, Sony, Bose, Denon, DTS, and Qualcomm to introduce their own line of wireless audio products or platforms. Prominent Wi-Fi audio equipment includes Sonos Wi-Fi speakers, Bose’s SoundTouch system, and Amazon’s Echo speakers.
Key players in the loudspeakers and sound bars market are strategically focusing on the development of soundbars equipped with advanced channels to gain a competitive advantage. The utilization of soundbars incorporating advanced channel technology enhances the audio experience, delivering immersive sound for an enhanced entertainment setup. For instance, Sennheiser Electronic GmbH & Co. KG unveiled the AMBEO Soundbar Plus and AMBEO Sub in September 2022. These devices aim to offer consumers a broader range of choices for an immersive sound experience within home environments. Marketed as the world's first 7.1 soundbar, it is compatible with Dolby Atmos and DTS X, boasting a variety of wireless audio add-ons including AirPlay 2, Chromecast, Spotify Connect, and standard Bluetooth playback.
In April 2022, Sonos, Inc., a company specializing in wireless home sound systems, acquired Mayht Holding BV for a deal worth $100 million. This strategic move by Sonos, Inc. is geared towards strengthening its product portfolio in the home sound systems sector to fortify its competitive edge. Mayht Holding BV is a Netherlands-based speaker company.
A loudspeaker serves as an electroacoustic transducer, playing a pivotal role in converting electrical audio signals into the corresponding sound output. These devices find applications in various audio equipment like radios, audio players, and Bluetooth speakers.
Loudspeakers and sound bars come in primary enclosure types such as single-mounted, multiple-mounted, and not mounted. A single-mounted loudspeaker comprises a single speaker, which is responsible for reproducing the audio within an audio file. These sound solutions cater to a wide range of uses, including communication, automotive, film and television, and entertainment venues such as clubs and bars. They are utilized by both residential and commercial consumers, as well as other end users.
The loudspeakers and sound bars market research report is one of a series of new reports that provides loudspeakers and sound bars market statistics, including loudspeakers and sound bars industry global market size, regional shares, competitors with a loudspeakers and sound bars market share, detailed loudspeakers and sound bars market segments, loudspeakers and sound bars market trends and opportunities, and any further data you may need to thrive in the loudspeakers and sound bars industry. This loudspeaker and sound bars market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major companies operating in the loudspeakers and sound bars market include Bose Corporation, Harman International Industries Incorporated, Bowers & Wilkins (B&W), Klipsch Audio Technologies, Kent Engineering and Foundry (KEF), Sonance, Yamaha Corporation, Sony Corporation, Creative Technology Ltd., Wharfedale, Cerwin-Vega Inc., Behringer, Peavey Electronics, Jamo, Dynaudio A/S, Sound United LLC, LG Electronics Inc. (Lucky Goldstar Electronics Inc.), Logitech International S.A., Panasonic Corporation, Audiovox Corporation, Boston Acoustics Inc., Bang & Olufsen A/S, James Bullough Lansing Professional, Definitive Technology, Sennheiser Electronic GmbH & Co. KG, Samsung Electronics Co. Ltd., Vizio Inc., Sonos Inc., Polk Audio, Philips Electronics N.V., Sharp Corporation, Pioneer Corporation, Onkyo Corporation, Denon Electronics (USA) LLC, Marantz America LLC, MartinLogan, GoldenEar Technology, SVS LLC, Focal-JMlab, ELAC Electroacustic GmbH, DALI A/S, Canton Elektronik GmbH, Q Acoustics, Monitor Audio Ltd.
Asia-Pacific was the largest region in the loudspeakers and sound bars market in 2024. North America is the second-largest region in the loudspeakers and sound bars market. The regions covered in the loudspeakers and sound bars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the loudspeakers and sound bars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The loudspeakers and sound bars market consists of sales of outdoor speakers, subwoofers, in-wall speakers, multimedia speakers, table-top sound bars, wall-mounted sound bars, and other loudspeakers and sound bars. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The loudspeakers and sound bars market size has grown strongly in recent years. It will grow from $30.25 billion in 2024 to $31.77 billion in 2025 at a compound annual growth rate (CAGR) of 5%. The growth in the historic period can be attributed to entertainment industry, home audio systems, automotive audio, consumer electronics, wireless and bluetooth technology.
The loudspeakers and sound bars market size is expected to see steady growth in the next few years. It will grow to $37.07 billion in 2029 at a compound annual growth rate (CAGR) of 3.9%. The growth in the forecast period can be attributed to smart home ecosystems, high-resolution audio, gaming and esports, 5g technology, home office and remote work. Major trends in the forecast period include voice control and ai integration, soundbars with immersive audio, wireless multi-room audio, compact and portable speakers, sustainability and eco-friendly materials.
Increased global consumer spending on entertainment products has significantly contributed to the upward trajectory of the loudspeakers market in the projected period. Consumers are increasingly opting for external sound systems as a key element of their home entertainment, showing a growing preference for high-quality sound experiences, leading to a willingness to invest more in sound systems. In February 2022, the Digital Entertainment Group (DEG) reported a significant surge in consumer spending on home entertainment, reaching a record $32.3 billion in total physical and digital home entertainment spending, reflecting a 7.8% increase. The integration of smart devices equipped with voice assistants and loudspeakers amplifies the home entertainment experience. This heightened consumer spending, coupled with an amplified emphasis on sound quality, is stimulating the demand for various forms of loudspeakers, thereby propelling the growth of the loudspeakers market.
The anticipated growth in the loudspeakers and sound bars market is closely linked to the increasing prevalence of live music events and concerts. Such events have become instrumental for enthusiasts and artists alike, offering a unique and personal musical encounter. Loudspeakers and sound bars hold significant importance in these live events, delivering compelling and clear audio to the audience. For example, in 2023, Live Nation Entertainment Inc. observed a substantial surge in ticket sales for live shows, surpassing 117 million in the second quarter, indicating a 20% growth from the preceding year. Concurrently, Ticketmaster reported a 22% sales increase, projecting management of approximately 600 million tickets, with 300 million being fee-bearing tickets this year. Consequently, the upsurge in live music events and concerts is fostering the demand for the loudspeakers and sound bars market.
The demand for wireless audio equipment is rapidly surging, driven by the increasing popularity of mobile devices and evolving consumer media consumption habits. Users increasingly opt to wirelessly stream audio from their mobile devices, tablets, and laptops to speakers. This behavioral shift fuels the growth of Wi-Fi and Bluetooth-connected speakers, compelling manufacturers like Samsung, LG, Sony, Bose, Denon, DTS, and Qualcomm to introduce their own line of wireless audio products or platforms. Prominent Wi-Fi audio equipment includes Sonos Wi-Fi speakers, Bose’s SoundTouch system, and Amazon’s Echo speakers.
Key players in the loudspeakers and sound bars market are strategically focusing on the development of soundbars equipped with advanced channels to gain a competitive advantage. The utilization of soundbars incorporating advanced channel technology enhances the audio experience, delivering immersive sound for an enhanced entertainment setup. For instance, Sennheiser Electronic GmbH & Co. KG unveiled the AMBEO Soundbar Plus and AMBEO Sub in September 2022. These devices aim to offer consumers a broader range of choices for an immersive sound experience within home environments. Marketed as the world's first 7.1 soundbar, it is compatible with Dolby Atmos and DTS X, boasting a variety of wireless audio add-ons including AirPlay 2, Chromecast, Spotify Connect, and standard Bluetooth playback.
In April 2022, Sonos, Inc., a company specializing in wireless home sound systems, acquired Mayht Holding BV for a deal worth $100 million. This strategic move by Sonos, Inc. is geared towards strengthening its product portfolio in the home sound systems sector to fortify its competitive edge. Mayht Holding BV is a Netherlands-based speaker company.
A loudspeaker serves as an electroacoustic transducer, playing a pivotal role in converting electrical audio signals into the corresponding sound output. These devices find applications in various audio equipment like radios, audio players, and Bluetooth speakers.
Loudspeakers and sound bars come in primary enclosure types such as single-mounted, multiple-mounted, and not mounted. A single-mounted loudspeaker comprises a single speaker, which is responsible for reproducing the audio within an audio file. These sound solutions cater to a wide range of uses, including communication, automotive, film and television, and entertainment venues such as clubs and bars. They are utilized by both residential and commercial consumers, as well as other end users.
The loudspeakers and sound bars market research report is one of a series of new reports that provides loudspeakers and sound bars market statistics, including loudspeakers and sound bars industry global market size, regional shares, competitors with a loudspeakers and sound bars market share, detailed loudspeakers and sound bars market segments, loudspeakers and sound bars market trends and opportunities, and any further data you may need to thrive in the loudspeakers and sound bars industry. This loudspeaker and sound bars market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major companies operating in the loudspeakers and sound bars market include Bose Corporation, Harman International Industries Incorporated, Bowers & Wilkins (B&W), Klipsch Audio Technologies, Kent Engineering and Foundry (KEF), Sonance, Yamaha Corporation, Sony Corporation, Creative Technology Ltd., Wharfedale, Cerwin-Vega Inc., Behringer, Peavey Electronics, Jamo, Dynaudio A/S, Sound United LLC, LG Electronics Inc. (Lucky Goldstar Electronics Inc.), Logitech International S.A., Panasonic Corporation, Audiovox Corporation, Boston Acoustics Inc., Bang & Olufsen A/S, James Bullough Lansing Professional, Definitive Technology, Sennheiser Electronic GmbH & Co. KG, Samsung Electronics Co. Ltd., Vizio Inc., Sonos Inc., Polk Audio, Philips Electronics N.V., Sharp Corporation, Pioneer Corporation, Onkyo Corporation, Denon Electronics (USA) LLC, Marantz America LLC, MartinLogan, GoldenEar Technology, SVS LLC, Focal-JMlab, ELAC Electroacustic GmbH, DALI A/S, Canton Elektronik GmbH, Q Acoustics, Monitor Audio Ltd.
Asia-Pacific was the largest region in the loudspeakers and sound bars market in 2024. North America is the second-largest region in the loudspeakers and sound bars market. The regions covered in the loudspeakers and sound bars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the loudspeakers and sound bars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The loudspeakers and sound bars market consists of sales of outdoor speakers, subwoofers, in-wall speakers, multimedia speakers, table-top sound bars, wall-mounted sound bars, and other loudspeakers and sound bars. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Loudspeakers and Sound Bars Market Characteristics3. Loudspeakers and Sound Bars Market Trends and Strategies4. Loudspeakers and Sound Bars Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Loudspeakers and Sound Bars Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Loudspeakers and Sound Bars Market34. Recent Developments in the Loudspeakers and Sound Bars Market
5. Global Loudspeakers and Sound Bars Growth Analysis and Strategic Analysis Framework
6. Loudspeakers and Sound Bars Market Segmentation
7. Loudspeakers and Sound Bars Market Regional and Country Analysis
8. Asia-Pacific Loudspeakers and Sound Bars Market
9. China Loudspeakers and Sound Bars Market
10. India Loudspeakers and Sound Bars Market
11. Japan Loudspeakers and Sound Bars Market
12. Australia Loudspeakers and Sound Bars Market
13. Indonesia Loudspeakers and Sound Bars Market
14. South Korea Loudspeakers and Sound Bars Market
15. Western Europe Loudspeakers and Sound Bars Market
16. UK Loudspeakers and Sound Bars Market
17. Germany Loudspeakers and Sound Bars Market
18. France Loudspeakers and Sound Bars Market
19. Italy Loudspeakers and Sound Bars Market
20. Spain Loudspeakers and Sound Bars Market
21. Eastern Europe Loudspeakers and Sound Bars Market
22. Russia Loudspeakers and Sound Bars Market
23. North America Loudspeakers and Sound Bars Market
24. USA Loudspeakers and Sound Bars Market
25. Canada Loudspeakers and Sound Bars Market
26. South America Loudspeakers and Sound Bars Market
27. Brazil Loudspeakers and Sound Bars Market
28. Middle East Loudspeakers and Sound Bars Market
29. Africa Loudspeakers and Sound Bars Market
30. Loudspeakers and Sound Bars Market Competitive Landscape and Company Profiles
31. Loudspeakers and Sound Bars Market Other Major and Innovative Companies
35. Loudspeakers and Sound Bars Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Loudspeakers and Sound Bars Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on loudspeakers and sound bars market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for loudspeakers and sound bars ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The loudspeakers and sound bars market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type of Enclosure: Single Mounted; Multiple Mounted; Not Mounted2) By Applications: Communication; Automotive; Film and Television; Club/Bar
3) By End User: Household; Commercial; Others End User
Subsegments:
1) By Single Mounted: Wall-mounted; Standalone2) By Multiple Mounted: Wall-mounted Arrays; Floor-mounted Setups
3) By Not Mounted: Portable Speakers; Floor-standing Speakers
Key Companies Mentioned: Bose Corporation; Harman International Industries Incorporated; Bowers & Wilkins (B&W); Klipsch Audio Technologies; Kent Engineering and Foundry (KEF)
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Loudspeakers and Sound Bars market report include:- Bose Corporation
- Harman International Industries Incorporated
- Bowers & Wilkins (B&W)
- Klipsch Audio Technologies
- Kent Engineering and Foundry (KEF)
- Sonance
- Yamaha Corporation
- Sony Corporation
- Creative Technology Ltd.
- Wharfedale
- Cerwin-Vega Inc.
- Behringer
- Peavey Electronics
- Jamo
- Dynaudio A/S
- Sound United LLC
- LG Electronics Inc. (Lucky Goldstar Electronics Inc.)
- Logitech International S.A.
- Panasonic Corporation
- Audiovox Corporation
- Boston Acoustics Inc.
- Bang & Olufsen A/S
- James Bullough Lansing Professional
- Definitive Technology
- Sennheiser Electronic GmbH & Co. KG
- Samsung Electronics Co. Ltd.
- Vizio Inc.
- Sonos Inc.
- Polk Audio
- Philips Electronics N.V.
- Sharp Corporation
- Pioneer Corporation
- Onkyo Corporation
- Denon Electronics (USA) LLC
- Marantz America LLC
- MartinLogan
- GoldenEar Technology
- SVS LLC
- Focal-JMlab
- ELAC Electroacustic GmbH
- DALI A/S
- Canton Elektronik GmbH
- Q Acoustics
- Monitor Audio Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | April 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 31.77 Billion |
| Forecasted Market Value ( USD | $ 37.07 Billion |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 45 |
