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Country Report

Home Audio and Cinema in

Home Audio and Cinema in Canada

Aug 2019

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Players focus on consumers interested in streaming to generate higher sales

Over the course of the review period, Canada witnessed a major boom in the popularity of video streaming. According to one recent research study more than half of English-speaking households in Canada subscribe to at least one online video service and with around 20 such subscription services currently available, demand is likely to continue improving over the forecast period.

The advent of the internet of things likely to begin influencing product development

With the roll-out of 5G mobile communications expected to be seen in all of Canada’s major urban areas and large cities in the near future, the path is becoming clearer for the internet of things and the use of smart devices to revolutionise domestic life through high levels of automation in the home. This has not escaped the attention of the leading players in home audio and cinema and 2019 saw the launch of devices featuring intuitive automation control and various other control systems that enable the user to manage every aspect of their home audio and cinema systems from the convenience of a smart remote control, a touchscreen or a smartphone or tablet with the right application installed.

Wireless speakers continue to appeal to a young and mobile consumer base

The priorities of consumers when viewing video content or listening to music continue to evolve and this involves people generally becoming more interested in technologically advanced products within home audio and cinema. The category’s leading players are thus constantly looking to innovation as a way of feeding this demand.

COMPETITIVE LANDSCAPE

Sony remains well out in front due to its retail strength and focus on innovation

Japanese multinational conglomerate Sony maintained its position as the strong leader in home audio and cinema in 2019. After launching numerous new products in 2018, the company remained at the forefront of developments in the category in 2019 as it continued to evolve in line with the overall category.

Samsung’s combination of innovation and value supports its performance

Samsung maintained its position as the second leading player in home audio and cinema , thanks to its moderate price-structure compare to the premium priced Sony products. Ever since its smart home strategy has been a hit in the Canadian market, Samsung has been highly active in the launching of new products in recent years as it seeks to attract consumers following its recently announced withdrawal from BD players.

Panasonic supports its strong position by focusing on quality and innovation

Panasonic remained the third leading player in home audio and cinema in 2019 and this is largely due to the company’s privileged position as a consumer brand that is widely recognised as one of the absolute leaders in consumer electronics, particularly in terms of quality. The company constantly introduces innovative new products which are capable of capturing the attention of consumers.

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Home Audio and Cinema Sample Report Home Audio and Cinema Sample Data

Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Canada with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Home Audio and Cinema industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in Canada market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Home Audio and Cinema in Canada?
What are the major brands in Canada?
What is the growth rate for Home Cinema and Speaker Systems?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Consumer Electronics market research database.

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Home Audio and Cinema in Canada - Category analysis

HEADLINES

PROSPECTS

Players focus on consumers interested in streaming to generate higher sales

The advent of the internet of things likely to begin influencing product development

Wireless speakers continue to appeal to a young and mobile consumer base

COMPETITIVE LANDSCAPE

Sony remains well out in front due to its retail strength and focus on innovation

Samsung’s combination of innovation and value supports its performance

Panasonic supports its strong position by focusing on quality and innovation

CATEGORY DATA

Table 1 Sales of Home Audio and Cinema by Category: Volume 2014-2019
Table 2 Sales of Home Audio and Cinema by Category: Value 2014-2019
Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2014-2019
Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2014-2019
Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2015-2019
Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2016-2019
Table 7 Distribution of Home Audio and Cinema by Channel: % Volume 2014-2019
Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2019-2024
Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2019-2024
Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2019-2024
Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2019-2024

Consumer Electronics in Canada - Industry Overview

EXECUTIVE SUMMARY

Consumer electronics under pressure from maturity and the rising cost of living

Connectivity, 5G and IoT the key to generating positive sales

Global industry leaders remain in the top positions in Canada

Electronics and appliance specialists remains the dominant retail channel

Further sales declines expected as 5G, personal voice assistants and wireless technology come to the fore

MARKET DATA

Table 12 Sales of Consumer Electronics by Category: Volume 2014-2019
Table 13 Sales of Consumer Electronics by Category: Value 2014-2019
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2014-2019
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2014-2019
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2015-2019
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2016-2019
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2014-2019
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2019-2024
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2019-2024
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2019-2024
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2019-2024

Megatrends

Country Report

Home Audio and Cinema in Canada

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Executive Summary

New Report Guarantee

PROSPECTS

Players focus on consumers interested in streaming to generate higher sales

The advent of the internet of things likely to begin influencing product development

Wireless speakers continue to appeal to a young and mobile consumer base

COMPETITIVE LANDSCAPE

Sony remains well out in front due to its retail strength and focus on innovation

Samsung’s combination of innovation and value supports its performance

Panasonic supports its strong position by focusing on quality and innovation

Samples

Overview

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Samples (FAQs about samples):

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Table of Contents

Home Audio and Cinema in Canada - Category analysis

HEADLINES

PROSPECTS

Players focus on consumers interested in streaming to generate higher sales

The advent of the internet of things likely to begin influencing product development

Wireless speakers continue to appeal to a young and mobile consumer base

COMPETITIVE LANDSCAPE

Sony remains well out in front due to its retail strength and focus on innovation

Samsung’s combination of innovation and value supports its performance

Panasonic supports its strong position by focusing on quality and innovation

CATEGORY DATA

Consumer Electronics in Canada - Industry Overview

EXECUTIVE SUMMARY

Consumer electronics under pressure from maturity and the rising cost of living

Connectivity, 5G and IoT the key to generating positive sales

Global industry leaders remain in the top positions in Canada

Electronics and appliance specialists remains the dominant retail channel

Further sales declines expected as 5G, personal voice assistants and wireless technology come to the fore

MARKET DATA

SOURCES

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