How big is the Loudspeaker Market?

The Loudspeaker Market size is expected to reach USD 7.27 billion in 2024 and grow at a CAGR of 6.47% to reach USD 9.94 billion by 2029. Read More

What is the current Loudspeaker Market size?

In 2024, the Loudspeaker Market size is expected to reach USD 7.27 billion. Read More

Who are the key players in Loudspeaker Market?

KEF, Bose Corporation, Sonance, Cerwin Vega and Wharfedale are the major companies operating in the Loudspeaker Market. Read More

Which is the fastest growing region in Loudspeaker Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Loudspeaker Market?

In 2024, the North America accounts for the largest market share in Loudspeaker Market. Read More

What years does this Loudspeaker Market cover, and what was the market size in 2023?

In 2023, the Loudspeaker Market size was estimated at USD 6.83 billion. The report covers the Loudspeaker Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Loudspeaker Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Loudspeaker Market Report | Industry Trends, Size & Forecast Analysis

Loudspeaker Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Speaker Industry Trends and is segmented by Product (Soundbar, Subwoofers, In-wall, Outdoor), Application (Communication, Home Entertainment, Automotive, Events and Outdoor Entertainment), and by Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Loudspeaker Industry Overview

The loudspeaker market is fragmented as changing consumer demands push companies to innovate to attract more consumers. The competition in this market has intensified over the years, with companies launching a multitude of products to attract consumers. Some of the key players in the market are KEF, Bose Corporation, Sonance, Cerwin Vega, and Wharfedale.

In October 2022, Alta Audio revealed the availability of their newest product, the Reference Titanium Hestia II. The Titanium Hestia II retails for USD 37,500 in a high-gloss black onyx appearance and is a three-way floorstander featuring open-back D'Appolito drives and a 10-inch bottom woofer.

In October 2022, Electro-Voice unveiled the worldwide release of the EVERSE 8, revolutionary weatherproof battery-powered loudspeakers with Bluetooth sound and control suited for applications such as live performance, speaker reinforcement, audio streaming, DJs, musicians, production and rental firms, and more.