in-Ceiling Speaker Global Market Report 2024

The in-ceiling speaker market size has grown strongly in recent years. It will grow from $5.94 billion in 2023 to $6.42 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth observed in the historical period can be attributed to several factors, including the increasing popularity of home entertainment systems, the integration of architectural designs into residential spaces, installations in commercial and hospitality settings, a growing demand for multi-room audio solutions, and trends favoring customization and interior design.

The in-ceiling speaker market size is expected to see strong growth in the next few years. It will grow to $8.54 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. Anticipated growth in the forecast period can be primarily attributed to several factors, including the integration of in-ceiling speakers into smart home systems, a heightened emphasis on wellness spaces within residential and commercial settings, the expansion of in-ceiling speaker installations in commercial buildings, and architectural trends influencing demand. Key trends expected in the forecast period encompass the incorporation of Dolby Atmos and surround sound technologies in in-ceiling speaker systems, an increased focus on energy efficiency in these audio solutions, the adoption of wireless connectivity standards to enhance convenience and accessibility, and a rising demand for custom installation services tailored to specific user requirements. These trends collectively contribute to the projected growth within this period in the in-ceiling speaker market, aligning with evolving consumer preferences and technological advancements in audio systems.

Anticipated growth in the film industry is set to propel the in-ceiling speaker market. The film sector, encompassing motion pictures, TV programs, documentaries, and advertisements, is a pivotal factor. In-ceiling speakers, especially those equipped with advanced Dolby Atmos cinema systems, enhance the cinematic experience by replicating sounds both above and below the audience. Notably, recent data from The Numbers indicates a substantial increase in the total number of movie tickets sold in the US domestic market, rising from 711.80 million in 2022 to 881.80 million in 2023. Concurrently, total domestic box office collections surged from $7,426.00 million in 2022 to $9,214.89 million in 2023.

The burgeoning popularity of smart homes is expected to drive the growth of the in-ceiling speaker market. Smart homes, characterized by interconnected devices and remote monitoring capabilities, create an environment conducive to advanced technologies. In-ceiling speakers contribute to this trend by providing high-quality audio, seamless integration, and compatibility with smart home automation systems and voice-controlled assistants. Notably, a survey conducted by Savvy among 1000 respondents in May 2022 revealed a strong inclination towards smart home tech among Australians aged 55 to 65+. The survey indicated that 41% of respondents in this age group own 5-10 connected devices, primarily for safety (75%) and energy efficiency (23%). Furthermore, 48% expressed a willingness to invest over $1,500 in such devices, with 42% prepared to allocate an additional $1,500 to $5,000 in the upcoming year.

Product innovations stand out as a prominent trend gaining traction in the in-ceiling speaker market. Leading companies within this sector are dedicated to pioneering novel products to maintain their market positions. For example, Lithe Audio, a UK-based wireless ceiling speaker manufacturer, unveiled the WiSA (Wireless Speaker & Audio) Certified Pro Series in-ceiling speaker in April 2021. This series, when combined with speakers from WiSA member brands, introduces a new level of convenience to the development of Dolby Atmos home theater systems. This breakthrough is facilitated by the incorporation of the latest chipsets for PoE++ and participation in the expanding category of WiSA interoperability, enhancing the Pro Series in-ceiling speaker's performance and integration capabilities.

Prominent players in the in-ceiling speaker market are actively creating products with convertible speaker features based on installation methods to bolster their market profitability. Convertible speakers, tailored to installation needs, are audio devices designed to provide flexibility in placement and usage across diverse environments. As an illustration, in June 2023, Bluesound Professional, a Canada-based audio system manufacturer, introduced the BCS250 and BCS300 in-ceiling speakers. The BCS250, a versatile passive ceiling speaker, is suitable for both low impedance and constant voltage setups. On the other hand, the BCS300 is an active PoE ceiling speaker equipped with built-in streaming and amplification capabilities. Both models feature a discreet flush-mount design, hold a UL 2043 plenum rating, and offer the flexibility to be installed either in-ceiling or as pendant speakers, catering to various commercial applications.

In April 2022, Masimo Corporation, a United States-based medical device company, completed the acquisition of Sound United for an undisclosed sum. This strategic move aimed to broaden Masimo's array of offerings by incorporating consumer technology products, including in-ceiling speakers and audio devices, which can be integrated with Masimo's advanced signal processing capabilities. Sound United, the acquired company, is a US-based manufacturer of audio equipment and serves as the parent organization for seven consumer audio technology brands, including Polk Audio, renowned for manufacturing in-ceiling speakers. This acquisition enables Masimo to diversify its product portfolio and potentially integrate its signal processing expertise into consumer audio technology.

Major companies operating in the in-ceiling speaker market report are Robert Bosch GmbH, JBL Inc., Bose Corporation, Sonos Inc., Leviton Manufacturing Co. Inc.,Bowers & Wilkins, Yamaha Corporation, KEF international, Klipsch Audio Technologies, Focal-JMlab, Dynaudio A/S, Russound/FMP Inc., Monitor Audio Ltd., Niles Audio Corporation, Monoprice Inc., Sonance, Cambridge Audio, MartinLogan, Polk Audio, Q Acoustics Limited, Definitive Technology, Bogen Corporation, Highland Technologies Ltd., OSD Audio, Dayton Audio, Pyle Audio, Elac Americas Inc., Acoustic Audio by Goldwood, Krix, Tannoy.

North America was the largest region in the in-ceiling market in 2023. The regions covered in the in-ceiling speaker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the in-ceiling speaker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary types of in-ceiling speakers are active and passive. Active speakers are equipped with an integrated amplifier and require power from an amplifier to produce sound. These speakers offer both wired and wireless connectivity options, incorporating various technologies such as mono, stereo, and surround sound. They find applications across diverse settings, including residential spaces, commercial establishments, institutional environments, and hospitality venues.

The in-ceiling speaker market research report is one of a series of new reports that provides in-ceiling speaker market statistics, including in-ceiling speaker industry global market size, regional shares, competitors with a in-ceiling speaker market share, detailed in-ceiling speaker market segments, market trends and opportunities, and any further data you may need to thrive in the in-ceiling speaker industry. This in-ceiling speaker market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The in-ceiling speaker market consists of sales of rough-in kits, brackets, grills, enclosures, transformers, and support rails. 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.