Premium Audio Market

Audio systems are audio electronics intended for entertainment use, such as shelf stereos and surround sound receivers. Premium audio systems deliver high-performance sound experience using a number of speakers, woofers, and other components.

Premium Audio Market contains market size and forecasts of Premium Audio in global, including the following market information:

Global Premium Audio Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Premium Audio Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Premium Audio companies in 2021 (%)

The global Premium Audio market was valued at 9179.3 million in 2021 and is projected to reach US$ 17300 million by 2028, at a CAGR of 9.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

400-1000 Watt Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Premium Audio include Panasonic, Bose, Sony, Harman International Industries, Pioneer, Alpine Electronics, JVC Kenwood, Bowers & Wilkins and Clarion, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Premium Audio manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Premium Audio Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Premium Audio Market Segment Percentages, by Type, 2021 (%)

• 400-1000 Watt
• Below 400 Watt
• Above 1000 Watt

Global Premium Audio Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Premium Audio Market Segment Percentages, by Application, 2021 (%)

• Car Use
• Home Theater
• Others

Global Premium Audio Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Premium Audio Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Premium Audio revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Premium Audio revenues share in global market, 2021 (%)
• Key companies Premium Audio sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Premium Audio sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Panasonic
• Bose
• Sony
• Harman International Industries
• Pioneer
• Alpine Electronics
• JVC Kenwood
• Bowers & Wilkins
• Clarion
• Sound United
• Rockford
• Focal-JMLab
• McIntosh Laboratory
• Dynaudio
• Bang & Olufsen
• Meridian Audio