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Country Report

Home Audio and Cinema in

Home Audio and Cinema in the US

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

Stronger performance by home cinema and speaker systems supported by soundbars

The emergence of COVID-19, resulting in financial concerns for many Americans only served to further expose weaknesses already present within home audio and cinema. Despite the number of local consumers spending greater amounts of time at home during certain lockdown periods, which inevitably resulted in greater leisure time including viewing different media content, restricted expenditure and the increasing trend for online streaming, particularly amongst younger Americans, further reduced demand for specific accessories which were traditionally designed to enhance the overall viewing and listening experience.

Sony and Bose remain overall leaders in 2020 but JVC Kenwood records lowest declines in Q2

Sony and Bose retained their overall leadership of home audio and cinema in 2020, although in line with the category’s overall performance, they experienced declining retail volume sales in Q2. This is due to both the natural shift away from traditional home and audio setups with a greater focus shifting towards soundbars and Bluetooth-connected speakers, as well as the pandemic in the US.

E-commerce to drive growth in home audio and cinema

Online sales of home audio and video were already gaining momentum in the US over the review period, gradually gaining share from physical specialist retailers, by offering greater convenience and the opportunity to find more competitive prices, although more discerning consumers continued to value the insight gained into the products in addition to assessing the quality of sound that can only be found through the in-person experience. Nevertheless, they were also increasingly prone to testing certain products in store before heading online for find more attractive deals for the same model.

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

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

KEY DATA FINDINGS

2020 IMPACT

Stronger performance by home cinema and speaker systems supported by soundbars

Sony and Bose remain overall leaders in 2020 but JVC Kenwood records lowest declines in Q2

E-commerce to drive growth in home audio and cinema

RECOVERY AND OPPORTUNITIES

Gradual improvement in demand for home audio and cinema over the course of the forecast period, driven by soundbars

Streaming to impact how consumers perceive home audio and cinema

Digital assistants bring voice control to home audio

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 the US - 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 the US

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Stronger performance by home cinema and speaker systems supported by soundbars

Sony and Bose remain overall leaders in 2020 but JVC Kenwood records lowest declines in Q2

E-commerce to drive growth in home audio and cinema

Samples

Overview

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Samples (FAQs about samples):

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Table of Contents

Home Audio and Cinema in the US - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Stronger performance by home cinema and speaker systems supported by soundbars

Sony and Bose remain overall leaders in 2020 but JVC Kenwood records lowest declines in Q2

E-commerce to drive growth in home audio and cinema

RECOVERY AND OPPORTUNITIES

Gradual improvement in demand for home audio and cinema over the course of the forecast period, driven by soundbars

Streaming to impact how consumers perceive home audio and cinema

Digital assistants bring voice control to home audio

CATEGORY DATA

Consumer Electronics in the US - 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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