Home audio and cinema is slated for negative growth in volume sales over the forecast period, with demand set to continue declining across audio separates, digital media player docks, hi-fi systems and speakers. However, there is one standout category that is set to buck the generally negative sales trends: home cinema and speaker systems.
As OLED TVs become increasingly affordable, sales are set to continue rising during the forecast period, despite the falling household penetration of TVs generally. However, despite advancements in picture quality, manufacturers often sacrifice audio quality in favour of a sleeker, more compact design.
After 2022 saw audio separates register positive volume growth, the category returned to declining demand in 2023, with further volume declines expected over the forecast period. However, the category is expected to outperform most other areas of home audio and cinema during the forecast period and one of the main reasons for this relatively favourable performance is the increasing interest among American consumers in listening to music on vinyl records.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Audio and Cinema industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Audio and Cinema
Home audio and cinema consist of Audio Separates, Home Cinema & Speaker Systems, Hi-Fi Systems and Other Home Audio & Cinema.See All of Our Definitions
This report originates from Passport, our Home Audio and Cinema research and analysis database.
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