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Country Report

Home Audio and Cinema in

Home Audio and Cinema in Norway

Sep 2020

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!

2020 IMPACT

The outbreak of COVID-19 reduces spending, while the ongoing competition from smartphones and wireless speakers deepens volume decline

The outbreak of COVID-19 is set to have a significant impact on home audio and cinema in Norway, which is predicted to see a double-digit decline in 2020, compared to growth of 6% in 2019. The most profound decline is expected to be seen from other home audio and cinema, home cinema and speaker systems and digital media player docks.

Despite the outbreak of COVID-19, soundbars remain popular, appealing to consumers through sleek, stylish designs that take up minimal space

Volume sales for soundbars within home cinema and speaker systems remained relatively robust over the review period. Households within Norway tend to complement the purchase of LCD and OLED TVs with a separate speaker, such as a soundbar.

Koninklijke Philips NV retains its lead; however, nearly all players suffer a double-digit volume decline in sales growth, as COVID-19 impacts sales figures

Koninklijke Philips NV is predicted to lead the landscape in 2020, although the player is set to lose share as second-placed Samsung Corp improves its position. Samsung is expected to grow its percentage share through the popularity of soundbars, with many households choosing to match their television with a soundbar from the same brand.

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

Overview

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.

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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 Norway 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 Norway, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in Norway 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 Norway?
What are the major brands in Norway?
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 Norway - Category analysis

KEY DATA FINDINGS

2020 IMPACT

The outbreak of COVID-19 reduces spending, while the ongoing competition from smartphones and wireless speakers deepens volume decline

Despite the outbreak of COVID-19, soundbars remain popular, appealing to consumers through sleek, stylish designs that take up minimal space

Koninklijke Philips NV retains its lead; however, nearly all players suffer a double-digit volume decline in sales growth, as COVID-19 impacts sales figures

RECOVERY AND OPPORTUNITIES

The economic recession partners with the competition from wireless speakers, leading to a volume decline in home and cinema over the full forecast period

Digital media player docks set to exit the landscape, unable to boost sales as wireless speakers become increasingly popular

High-quality products inflate price-points, dampening volume growth for home and cinema audio across the forecast period

CATEGORY DATA

Table 1 Sales of Home Audio and Cinema by Category: Volume 2015-2020
Table 2 Sales of Home Audio and Cinema by Category: Value 2015-2020
Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2015-2020
Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2016-2020
Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2017-2020
Table 7 Distribution of Home Audio and Cinema by Channel: % Volume 2015-2020
Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2020-2025
Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2020-2025
Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2020-2025

Consumer Electronics in Norway - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

Table 12 Sales of Consumer Electronics by Category: Volume 2015-2020
Table 13 Sales of Consumer Electronics by Category: Value 2015-2020
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2015-2020
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2015-2020
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2016-2020
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2017-2020
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2015-2020
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2020-2025
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2020-2025
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2020-2025
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2020-2025

Megatrends

Country Report

Home Audio and Cinema in Norway

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

The outbreak of COVID-19 reduces spending, while the ongoing competition from smartphones and wireless speakers deepens volume decline

Despite the outbreak of COVID-19, soundbars remain popular, appealing to consumers through sleek, stylish designs that take up minimal space

Koninklijke Philips NV retains its lead; however, nearly all players suffer a double-digit volume decline in sales growth, as COVID-19 impacts sales figures

Samples

Overview

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Samples (FAQs about samples):

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Table of Contents

Home Audio and Cinema in Norway - Category analysis

KEY DATA FINDINGS

2020 IMPACT

The outbreak of COVID-19 reduces spending, while the ongoing competition from smartphones and wireless speakers deepens volume decline

Despite the outbreak of COVID-19, soundbars remain popular, appealing to consumers through sleek, stylish designs that take up minimal space

Koninklijke Philips NV retains its lead; however, nearly all players suffer a double-digit volume decline in sales growth, as COVID-19 impacts sales figures

RECOVERY AND OPPORTUNITIES

The economic recession partners with the competition from wireless speakers, leading to a volume decline in home and cinema over the full forecast period

Digital media player docks set to exit the landscape, unable to boost sales as wireless speakers become increasingly popular

High-quality products inflate price-points, dampening volume growth for home and cinema audio across the forecast period

CATEGORY DATA

Consumer Electronics in Norway - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

SOURCES

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