Portable Loudspeaker Market

Global Portable Loudspeaker Market by Type (Wired, Wireless), Application (Automotive, Residential, Outdoor, Commercial, and Others), Distribution Channels (Online, Offline), and Regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA))

  • Report ID: CG-4054
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 254
  • Format:
  • Pub. Date: 20-11-2021
  • Share:

Market Outlook:

The Global Portable Loudspeaker Market was valued at USD 18,429.2 Mn in 2020 and is projected to reach USD 39,982.1 Mn by 2028, expanding at a CAGR of 10.7% during the forecast period. The overall incremental opportunity is estimated to be USD 21,552.9 Mn from 2020 to 2028. Growing demand for Portable Loudspeaker in developed countries and rising music trends are projected to drive the market during the forecast period. Technological development of the product is anticipated to propel the market over the forecast period.


Portable Loudspeaker Market key takeaways

A loudspeaker, also called a speaker, is used as a sound reproduction device that converts electrical energy into acoustical signal energy which is radiated into a room or open air. Portable Loudspeakers are available in a variety of sizes, and types including wired and wireless models. The portable loudspeaker is a combination of an amplifier and an audio output system with wireless connectivity that needs to be paired with one or more devices such as smartphones, tablets, iPods, or computers. Thus, portable speakers are designed in such a manner that they can be moved or carried easily at different places. The portable loudspeaker receives digital audio streams from the host device, which are typically compressed. It decompresses, decodes, and amplifies the audio through built-in speakers.

Wireless speakers are similar to wired traditional loudspeakers; however, they transmit audio signals using radio frequency (RF) waves rather than over audio cables. Wireless speakers are composed of two units: a main speaker unit combining the loudspeaker itself with an RF receiver, and an RF transmitter unit. An amplifier is integrated in the speaker's cabinet, as the RF waves are not enough to drive the speaker. This integration of amplifier and loudspeaker is known as an active loudspeaker.


Portable Loudspeaker Market by dymanics


Portable loudspeakers have zero or minimal wires connecting the speakers to the sound system. It allows to put speakers anywhere within the transmission range without worrying about tripping over or hiding wires that lead back to the sound system. This simplifies setting up a home theatre system almost anywhere. Wireless loudspeakers are popular in outdoor speaker systems. If one wants to set up a speaker system on a deck, patio or swimming pool area, a wireless loudspeakers system is ideal. In the US, the bands of frequencies allotted to devices such as wireless speakers include 902 to 908 megahertz, 2.4 to 2.483 gigahertz, and 5.725 to 5.875 gigahertz. Manufacturers of loudspeakers design them to be as lightweight as possible while producing the maximum amount of audio output efficiency.

Speakers, including subwoofers, produce better sound quality. They are reasonably able to satisfy your listening requirements. Sometimes, they are found with a tweeter, a mid-range speaker for better quality sound to produce. Plus, they are occasionally powered and unpowered.

Scope of the Report  

The report on Portable Loudspeaker Market includes an assessment of the market, size, share, trends, segments, and country markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Portable Loudspeaker Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

By Type (Wired, Wireless), Applications (Automotive, Residential, Outdoor, Commercial, and Others), Distribution Channel (Online, Offline) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Bose Corporation, Bowers & Wilkins, DYNAUDIO., EEdifierr, FOCAL-JMLAB, Fugoo, Harman International, Huawei Technologies Co., Ltd, InMusic, LLC, KEF International, Klipsch Group, Inc, Koninklijke Philips N.V, LG Electronics, Logitech, Martin Logan, Music Tribe Global Brands Ltd, QSC, LLC, Quested Limited Inc.., SAMSUNG ELECTRONICS CO., LTD, Sony Group Corporation, VOXX International

 

Market Dynamics

The Coronavirus disease 2019 (COVID-19) pandemic highlighted economic disparities, global interdependence, and governance challenges. Pandemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. Companies investing in political, business, and financial stability, as opposed to decreasing global risks, implement strategies to overcome the pandemic situation.

Manufacture of Portable Loudspeakers was affected during the pandemic, due to restrictions and closure of global industries. Inability of several workers to appear on-site affected the manufacturers of Portable Loudspeakers negatively. Various states permitted essential employees to remain in facilities, whereas other employees were required to discharge their responsibilities from home. This group of personnel faced a large number of new challenges within their remote workplace.

The supply chain management is facing difficulties, due to the COVID-19 outbreak. Biotechnological and pharmaceutical companies worked along with governments to control the COVID-19 outbreak by helping in vaccine development and addressing medicine supply chain challenges. Industries other than the healthcare industry faced significant challenges during the lockdown period.

Demand for Portable Loudspeakers decreased during the pandemic, due to closure of manufacturing units during the lockdown. Demand declined during the pandemic, due to slowdown in demand from various end-users. Increasing number of COVID-19 cases led to disruptions in the demand for Portable Loudspeakers, which in turn, impeded the growth of the market.

Governments imposed various restrictions on trade and commerce, which affected various sectors negatively. Globally, governments-imposed lockdowns, which negatively affected the Portable Loudspeaker market, owing to disruptions in supply chain.

The global economic expansion is projected to continue over the next decade, fueled by the growth of developing industries. COVID-19 and escalation of tariff wars between the US and China, are projected to create short-term risks and disturbances. Issues related to supply chains are created in the Portable Loudspeaker market in many regions, due to the COVID-19 pandemic situation. The market is hampered, due to decreasing production activities and declining growth of the economy. Manufacturing execution systems provide businesses opportunities to track production and other manufacturing plant activities in real-time. This greatly reduces the need for on-site and shop floor staff, thereby complying with COVID-19's lockdown and social distance mandates. The Portable Loudspeaker manufacturing industry has been significantly growing and is expected to reach the pre-COVID-19 market size during the forecast period.

Various technological advancements took place in audio technology and audio devices, which changed the method of playing music. Advancement in audio technology is creating high demand for portable loudspeakers, which provide high-quality audio and music, resulting in increasing sales and revenue generation. Recent advancements in the market include sound beaming, which tracks and locates the position of ear and sends audio as ultrasonic waves by utilizing 3D sensing modules.

Segmental Outlook

By Type Segment

Based on Types, the Portable Loudspeaker Market is divided into wired and wireless portable speaker. The wired portable loudspeaker segment is projected to expand at a significant CAGR during the forecast period, as it transmits data through wired cable with high audio quality. The wireless portable loudspeaker segment held a considerable market share and is expected to continue to do so during the projection period, as it offers to connect to the world of digital audio without any physical cable connection. Wireless speakers play audio from local storage as well as from online platforms if connected via internet, through wireless technologies such as Bluetooth, Wi-Fi, and NFC. Wi-Fi connects over long distances. These speakers are commonly used for "whole house" audio systems.


Portable Loudspeaker Market  by type

By Application Segment

Based on applications, the global portable loudspeakers market is segmented into Automotive, Residential, Outdoor, Commercial, and Others. The automotive segment is projected to expand at a significant CAGR during the forecast period, as portable loudspeakers are used in various automobiles such as cars, buses, trucks, and trailers. Apart from music and other audio, it allows to send or receive hands-free calls while driving. The residential segment held a considerable market share and is expected to continue to do so during the projection period, as portable loudspeakers are placed and played in any part/ room of house according to convenience. The outdoor segment is expected to expand at a high growth rate, as portable loudspeakers are carried outside and played without any power connection, as they are rechargeable. It is mostly carried in outdoor places such as parks, open fields, and lawns. The commercial segment held a significant market share during the projection period, as portable loudspeakers are used for commercial activities such as offline audio advertising, ceremonial events, and concerts.


Portable Loudspeaker Market by applications

By Distribution Channel Segment

Based on distribution channels, the global portable loudspeakers market is segmented into online and offline channels. The online channel segment is projected to expand at a significant CAGR during the forecast period, as it allows to expand business beyond local customers and deliver to new customers globally quickly. Online marketing tools are used to target new customers and website analysis tools to gain insight into the needs of customers. The offline channel segment held a considerable market share and is expected to continue to do so during the projection period, as it allows one to see and experience the product directly and accordingly make relevant purchases. This sales channel is widely preferred, as it enables tangible checking of products before purchasing.

Region Wise Outlook

On the basis of regions, the market is categorized as North America, Europe, Asia Pacific, Latin America, and Rest of the World. The market in North America is expected to expand at a significant CAGR during the forecast, owing to the presence of large number of market participants in the region, specifically in the US. Additionally, an established digital audio industry in the US is further expected to boost the market growth in the region. This is estimated to foster the growth of Portable Loudspeaker Market in Asia Pacific


Portable Loudspeaker Market by regions

Key Benefits for Industry Participants & Stakeholders

  • In-Depth Analysis of the Portable Loudspeaker Market.
  • Historical, Current and Projected Market Size in Terms of Value.
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on From Portable Loudspeaker Market Performance

Segments

Key Segments Covered

By Types

  • Wired
  • Wireless
By Application
  • Automotive
  • Residential
  • Outdoor
  • Commercial
  • Others
By Distribution Channel
  • Online
  • Offline
Key Market Players Profiled in the Report
  • Bose Corporation
  • Bowers & Wilkins
  • DYNAUDIO
  • Edifierr
  • FOCAL-JMLAB
  • Fugoo, Harman International
  • Huawei Technologies Co., Ltd
  • InMusic, LLC
  • KEF International
  • Klipsch Group, Inc
  • Koninklijke Philips N.V
  • LG Electronics
  • Logitech
  • Martin Logan
  • Music Tribe Global Brands Ltd
  • QSC, LLC
  • Quested Limited Inc..
  • SAMSUNG ELECTRONICS CO., LTD
  • Sony Group Corporation
  • VOXX International

Competitive Landscape

Key players in the Portable Loudspeaker Market are Bose Corporation, Bowers & Wilkins, DYNAUDIO., EEdifierr, FOCAL-JMLAB, Fugoo, Harman International, Huawei Technologies Co., Ltd, InMusic, LLC, KEF International, Klipsch Group, Inc, Koninklijke Philips N.V, LG Electronics, Logitech, Martin Logan, Music Tribe Global Brands Ltd, QSC, LLC, Quested Limited Inc.., SAMSUNG ELECTRONICS CO., LTD, Sony Group Corporation, and VOXX International. These companies are considered as key market players of Portable Loudspeaker Market, based on their revenue, research & development (R&D) activities in the areas of improving offerings, and regional presence. The players are adopting key strategies such as product development, geographical expansion, mergers and acquisition and many other strategies to cater the increasing demand for Portable Loudspeaker.

Portable Loudspeaker Market by key players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Loudspeakers Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Portable Loudspeakers Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Portable Loudspeakers Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Portable Loudspeakers Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Portable Loudspeakers Market Size & Forecast, 2018-2028
      4.5.1 Portable Loudspeakers Market Size and Y-o-Y Growth
      4.5.2 Portable Loudspeakers Market Absolute $ Opportunity
Chapter 5 Global Portable Loudspeakers Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Portable Loudspeakers Market Size Forecast By Type
      5.2.1 Wired
      5.2.2 Wireless
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Portable Loudspeakers Market Analysis and Forecast By Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Applications
      6.1.2 Basis Point Share (BPS) Analysis By Applications
      6.1.3 Absolute $ Opportunity Assessment By Applications
   6.2 Portable Loudspeakers Market Size Forecast By Applications
      6.2.1 Automotive
      6.2.2 Residential
      6.2.3 Outdoor
      6.2.4 Commercial
      6.2.5 Others
   6.3 Market Attractiveness Analysis By Applications
Chapter 7 Global Portable Loudspeakers Market Analysis and Forecast By Distribution Channel
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Distribution Channel
      7.1.2 Basis Point Share (BPS) Analysis By Distribution Channel
      7.1.3 Absolute $ Opportunity Assessment By Distribution Channel
   7.2 Portable Loudspeakers Market Size Forecast By Distribution Channel
      7.2.1 Online
      7.2.2 Offline
   7.3 Market Attractiveness Analysis By Distribution Channel

Chapter 8 Global Portable Loudspeakers Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Portable Loudspeakers Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Portable Loudspeakers Analysis and Forecast
   10.1 Introduction
   10.2 North America Portable Loudspeakers Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Portable Loudspeakers Market Size Forecast By Type
      10.6.1 Wired
      10.6.2 Wireless
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 North America Portable Loudspeakers Market Size Forecast By Applications
      10.10.1 Automotive
      10.10.2 Residential
      10.10.3 Outdoor
      10.10.4 Commercial
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis By Applications
   10.12 Absolute $ Opportunity Assessment By Applications
   10.13 Market Attractiveness Analysis By Applications
   10.14 North America Portable Loudspeakers Market Size Forecast By Distribution Channel
      10.14.1 Online
      10.14.2 Offline
   10.15 Basis Point Share (BPS) Analysis By Distribution Channel
   10.16 Absolute $ Opportunity Assessment By Distribution Channel
   10.17 Market Attractiveness Analysis By Distribution Channel
Chapter 11 Europe Portable Loudspeakers Analysis and Forecast
   11.1 Introduction
   11.2 Europe Portable Loudspeakers Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Portable Loudspeakers Market Size Forecast By Type
      11.6.1 Wired
      11.6.2 Wireless
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Europe Portable Loudspeakers Market Size Forecast By Applications
      11.10.1 Automotive
      11.10.2 Residential
      11.10.3 Outdoor
      11.10.4 Commercial
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis By Applications
   11.12 Absolute $ Opportunity Assessment By Applications
   11.13 Market Attractiveness Analysis By Applications
   11.14 Europe Portable Loudspeakers Market Size Forecast By Distribution Channel
      11.14.1 Online
      11.14.2 Offline
   11.15 Basis Point Share (BPS) Analysis By Distribution Channel
   11.16 Absolute $ Opportunity Assessment By Distribution Channel
   11.17 Market Attractiveness Analysis By Distribution Channel
Chapter 12 Asia Pacific Portable Loudspeakers Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Portable Loudspeakers Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Portable Loudspeakers Market Size Forecast By Type
      12.6.1 Wired
      12.6.2 Wireless
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Asia Pacific Portable Loudspeakers Market Size Forecast By Applications
      12.10.1 Automotive
      12.10.2 Residential
      12.10.3 Outdoor
      12.10.4 Commercial
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis By Applications
   12.12 Absolute $ Opportunity Assessment By Applications
   12.13 Market Attractiveness Analysis By Applications
   12.14 Asia Pacific Portable Loudspeakers Market Size Forecast By Distribution Channel
      12.14.1 Online
      12.14.2 Offline
   12.15 Basis Point Share (BPS) Analysis By Distribution Channel
   12.16 Absolute $ Opportunity Assessment By Distribution Channel
   12.17 Market Attractiveness Analysis By Distribution Channel
Chapter 13 Latin America Portable Loudspeakers Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Portable Loudspeakers Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Portable Loudspeakers Market Size Forecast By Type
      13.6.1 Wired
      13.6.2 Wireless
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Latin America Portable Loudspeakers Market Size Forecast By Applications
      13.10.1 Automotive
      13.10.2 Residential
      13.10.3 Outdoor
      13.10.4 Commercial
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis By Applications
   13.12 Absolute $ Opportunity Assessment By Applications
   13.13 Market Attractiveness Analysis By Applications
   13.14 Latin America Portable Loudspeakers Market Size Forecast By Distribution Channel
      13.14.1 Online
      13.14.2 Offline
   13.15 Basis Point Share (BPS) Analysis By Distribution Channel
   13.16 Absolute $ Opportunity Assessment By Distribution Channel
   13.17 Market Attractiveness Analysis By Distribution Channel
Chapter 14 Middle East & Africa (MEA) Portable Loudspeakers Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Portable Loudspeakers Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Portable Loudspeakers Market Size Forecast By Type
      14.6.1 Wired
      14.6.2 Wireless
   14.7 Basis Point Share (BPS) Analysis By Type
   14.8 Absolute $ Opportunity Assessment By Type
   14.9 Market Attractiveness Analysis By Type
   14.10 Middle East & Africa (MEA) Portable Loudspeakers Market Size Forecast By Applications
      14.10.1 Automotive
      14.10.2 Residential
      14.10.3 Outdoor
      14.10.4 Commercial
      14.10.5 Others
   14.11 Basis Point Share (BPS) Analysis By Applications
   14.12 Absolute $ Opportunity Assessment By Applications
   14.13 Market Attractiveness Analysis By Applications
   14.14 Middle East & Africa (MEA) Portable Loudspeakers Market Size Forecast By Distribution Channel
      14.14.1 Online
      14.14.2 Offline
   14.15 Basis Point Share (BPS) Analysis By Distribution Channel
   14.16 Absolute $ Opportunity Assessment By Distribution Channel
   14.17 Market Attractiveness Analysis By Distribution Channel
Chapter 15 Competition Landscape
   15.1 Portable Loudspeakers Market: Competitive Dashboard
   15.2 Global Portable Loudspeakers Market: Market Share Analysis, 2020
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Bose Corporation
      15.3.2 Bowers & Wilkins
      15.3.3 DYNAUDIO.
      15.3.4 Edifier
      15.3.5 FOCAL-JMLAB
      15.3.6 Fugoo
      15.3.7 Harman International
      15.3.8 Huawei Technologies Co., Ltd
      15.3.9 InMusic, LLC
      15.3.10 KEF International
      15.3.11 Klipsch Group, Inc
      15.3.12 Koninklijke Philips N.V
      15.3.13 LG Electronics
      15.3.14 Logitech
      15.3.15 Martin Logan
      15.3.16 Music Tribe Global Brands Ltd
      15.3.17 QSC, LLC
      15.3.18 Quested Limited Inc..
      15.3.19 SAMSUNG ELECTRONICS CO., LTD
      15.3.20 Sony Group Corporation
      15.3.21 VOXX International

Key Segments Covered

By Types

  • Wired
  • Wireless
By Application
  • Automotive
  • Residential
  • Outdoor
  • Commercial
  • Others
By Distribution Channel
  • Online
  • Offline
Key Market Players Profiled in the Report
  • Bose Corporation
  • Bowers & Wilkins
  • DYNAUDIO
  • Edifierr
  • FOCAL-JMLAB
  • Fugoo, Harman International
  • Huawei Technologies Co., Ltd
  • InMusic, LLC
  • KEF International
  • Klipsch Group, Inc
  • Koninklijke Philips N.V
  • LG Electronics
  • Logitech
  • Martin Logan
  • Music Tribe Global Brands Ltd
  • QSC, LLC
  • Quested Limited Inc..
  • SAMSUNG ELECTRONICS CO., LTD
  • Sony Group Corporation
  • VOXX International

Key players in the Portable Loudspeaker Market are Bose Corporation, Bowers & Wilkins, DYNAUDIO., EEdifierr, FOCAL-JMLAB, Fugoo, Harman International, Huawei Technologies Co., Ltd, InMusic, LLC, KEF International, Klipsch Group, Inc, Koninklijke Philips N.V, LG Electronics, Logitech, Martin Logan, Music Tribe Global Brands Ltd, QSC, LLC, Quested Limited Inc.., SAMSUNG ELECTRONICS CO., LTD, Sony Group Corporation, and VOXX International. These companies are considered as key market players of Portable Loudspeaker Market, based on their revenue, research & development (R&D) activities in the areas of improving offerings, and regional presence. The players are adopting key strategies such as product development, geographical expansion, mergers and acquisition and many other strategies to cater the increasing demand for Portable Loudspeaker.

Portable Loudspeaker Market by key players

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided.

According to this Growth Market Reports, the market from Portable Loudspeaker Market is likely to register a CAGR of 10.7% during period 2020-2028, with an anticipated valuation of USD 39,982.1 Mn by the end of the 2028.

The global portable loudspeaker market is dominated by the market in North America, which is primarily driven by factors such as increasing wireless technology advancements and booming music industry.

In addition to market size (in USD Million) and Company Market Share (in % for the base year 2020), other data such as Portable Loudspeaker Technology Analysis, Global Loudspeaker Market: Overview, Macro-economic factors, and COVID-19 Impact on the Portable Loudspeaker Market are available in the final report.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The Portable Loudspeaker Market is anticipated to grow significantly during the forecast period due to growing trend for digital audio.

The demand for Portable loudspeakers from Music Industries, Music concerts, and general public use is driving the market growth.

The market is expected to witness sluggish growth with a slow increase in terms of demand during 2019-2020 owing to the negative impact of the COVID-19 pandemic on the Portable Loudspeaker Market.

The base year considered for the Portable Loudspeaker Market report is 2020. The complete analysis period is 2018 to 2028, wherein, 2018 & 2019 are the historic years, and the forecast is provided from 2021 to 2028.

Major Manufacturers include Samsung Electronics Co., LG Electronics, Sony Group Corporation, Harman, Bose Corp, Logitech, VOXX International, Huawei Technologies Co., Ltd, Koninklijke Philips N.V, Dynaudio, Edifier.