The Home Theater Audio Systems Market is segmented by Technology (NFC, Bluetooth, Wi-Fi), Distribution Channel (Offline, Online), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).

What is a home theater audio system?

Home theater is a combination of electronic components which is designed to recreate the experience of watching a movie in a theater. It consists of audio systems that are produced to give the same effect as we get in a cinema hall. Most audio systems are equipped with connectivity features such as Wi-Fi and Bluetooth.

Key Players

Key players operating in the home theater audio systems market are-

• Bose Corporation (US)
• Harman International Industries (US)
• Yamaha Corporation (Japan)
• Sony Corporation (Japan)
• Intex Technologies (India) Ltd (India)
• LG Electronics Inc. (South Korea)
• Samsung Electronics (South Korea)
• Pioneer Corporation (Japan)
• VOXX International Corp (US)
• Sound United LLC (US). 

Regional Trends

Asia Pacific market accounted for a significant share in 2020 and is expected to grow at a substantial CAGR in the following years. This is mainly attributed to rapid technological advancements, well-established consumer electronics in the region, and the large presence of product manufacturers. Also, the vast availability of resources and cheap labor encourages various multinational companies to set up their manufacturing plants in APAC, which further proliferates regional market growth.