The In-Ceiling Speaker Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s 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 in the historic period can be attributed to rise of home entertainment systems, architectural integration in residential spaces, commercial and hospitality installations, demand for multi-room audio solutions, customization and interior design trends.
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%. The growth in the forecast period can be attributed to smart home integration, increased emphasis on wellness spaces, expansion of commercial installations, architectural trends in commercial buildings. Major trends in the forecast period include incorporation of dolby atmos and surround sound, increased focus on energy efficiency, wireless connectivity standards, custom installation services.
Growth in the film industry is expected to propel the growth of the in-ceiling speaker market going forward. The film industry encompasses all individuals in filming motion films, television programs, documentaries, and advertisements on film, tape, or digital format. In-celling speakers with the ultimate Dolby Atmos cinema system offer better and more realistic sound experiences during movies by replicating sounds above and below the listeners. For instance, according to The Numbers, a US-based company that provides detailed movie financial analysis, including box office, DVD, and Blu-ray sales reports, and release schedules, the total number of tickets sold in the US domestic market increased from 711.80 million in 2022 to 881.80 million in 2023. Further, total domestic box office collections increased from $7,426.00 million in 2022 to $9,214.89 million in 2023. Therefore, growth in the film industry is driving growth of the in-ceiling speaker market.
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The in-ceiling speaker market covered in this report is segmented –
1) By Type: Active, Passive
2) By Connection: Wired, Wireless
3) By Technology: Mono, Stereo, Surround
4) By Application: Residential, Commercial, Institutional, Hospitality
Product innovations are a key trend gaining popularity in the in-ceiling speaker market. Major companies operating in the in-ceiling speaker market are focused on innovating new products to sustain their position in the market. For instance, in April 2021, Lithe Audio, a UK-based manufacturer of wireless ceiling speakers, launched a new WiSA (Wireless Speaker & Audio) Certified Pro Series in-ceiling speaker. When combined with speakers from WiSA member brands, the Lithe Audio Pro Series brings a new era of convenience to the creation of Dolby Atmos home theater systems. This is made possible by including the most recent chipsets for PoE++ and the expanding category of WiSA interoperability. The Pro Series in-ceiling speaker incorporates the most recent chipsets for PoE++ and the expanding WiSA interoperability category to enable its performance and integration capabilities.
The in-ceiling speaker market report table of contents includes:
1. Executive Summary
2. In-Ceiling Speaker Market Characteristics
3. In-Ceiling Speaker Market Trends And Strategies
4. In-Ceiling Speaker Market analysis
5. In-Ceiling Speaker Market Size And Growth
6.In-Ceiling Speaker Segmentation
7.In-Ceiling Speaker Regional And Country Analysis
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27. In-Ceiling Speaker Competitive Landscape And Company Profiles
28. In-Ceiling Speaker Key Mergers And Acquisitions
29. In-Ceiling Speaker Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Robert Bosch GmbH
- JBL Inc.,
- Bose Corporation
- Sonos Inc.
- Leviton Manufacturing Co. Inc.
- Bowers & Wilkins
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AMA Research have added latest edition of survey study on Global Bluetooth Ceiling Speaker Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis.
The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data.
The research study provides estimates for Global Bluetooth Ceiling Speaker Forecast till 2025*.
Bluetooth Ceiling Speaker Overview Bluetooth Ceiling Speaker is an electronic device that uses wireless technology, for transmission and reception of signal between Bluetooth speaker and any Bluetooth enabled devices such as laptops, tablets, smartphones, and others.
One of the major differences in these speakers is that they are mounted in the ceiling in order to provide a full base volume in every corner of the respective room.
Market Growth DriversIncreasing Wireless Streaming of Audio ContentRising Interset of Music has also Intended to Purchase this Speakers by the ConsumersInfluencing TrendAdoption of Waterproof Bluetooth Ceiling SpeakersSpeakers with HD Data Streaming and Low Power ModeRestraintsHigh Cost Associated with these Speakers as Compared to Traditional OnesAvailability of Counterfeit Speakers in MarketChallengesResidential Users Are Limited in Terms of Compatibility and Loud Music To comprehend Global Bluetooth Ceiling Speaker market dynamics in the world mainly, the worldwide Bluetooth Ceiling Speaker market is analyzed across major global regions.
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The In-Ceiling Speaker Market Research Report Forecast is a valuable source of insightful data for business strategists.
It provides the industry overview with recent trends, size, share, growth analysis, historical, futuristic data, revenue, demand and strategic development.The entire In-Ceiling Speaker market has been sub-categorized into product and application.
The report provides an analysis of these subsets with respect to the geographical segmentation.
This research study will keep marketer informed and helps to identify the target demographics for a product or service.Request a FREE Sample Copy of Global In-Ceiling Speaker Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/in-ceiling-speaker-market/download-sampleBy ProductActivePassiveBy ApplicationHouseholdCommercialThe research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the In-Ceiling Speaker market include Klipsch Audio Technologies, Polk Audio, Highland Technologies, Q Acoustics, and Yamaha.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.This section covers regional segmentation which accentuates on current and future demand for In-Ceiling Speaker market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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