Sub-Woofer Market Forecast to 2028

Report Code : TIPRE00015029 | Region : Global | Industry : Electronics and Semiconductor | Published Date : 31/Jan/2022
Sub-Woofer Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Car Audio, Home Audio, Cinema Sound, Sound Reinforcement, and Others) and End-user (Residential and Commercial)

The global sub-woofer market is expected to grow from US$ 834.77 million in 2021 to US$ 1,132.62 million by 2028; it is estimated to register a CAGR of 4.5% during 2021-2028.

A sub-woofer is used for various applications such as home audio, cinema sound, car audio, sound reinforcement, outdoor entertainment, and others. The requirement for sub-woofers is growing with the increasing number of public meetings, stand-up comedy shows, and cinema halls. Shifting preferences and changing consumer lifestyle toward using on-board infotainment systems in ride-hailing services is anticipated to create promising opportunities in the sub-woofer market.

The sub-woofer market is segmented into application, end-user, and geography. Based on application, the sub-woofer market is segmented into car audio, home audio, cinema sound, sound reinforcement, and others. In 2020, home audio segment held the largest share in the market. In terms of end-user, the sub-woofer market is segmented into residential and commercial. In 2020, the commercial segment accounted for a larger share. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, Asia Pacific accounted for a significant share in the global market.

During the COVID-19 pandemic, the sub-woofer industry came to a halt due to minimal resources. The temporary shutdown of the manufacturing units has negatively impacted the growth of the sub-woofer market across the globe and has created many uncertainties in the stock market, decline in the supply chain, falling business confidence, and growing panic among consumers. Due to the unusual coronavirus outbreak, the production and supply chain procedures have been halted. Also, the research and development (R&D) exercises of key players have been halted across the globe. The sale of sub-woofer has been decreased during the Covid-19 outbreak due to the operational constraints on sales channels such as specialty stores and e-commerce platforms. Nonetheless, certain manufacturing firms have restarted their plans and prepared to owe to the rests imposed on the restrictions, by the government bodies, in several regions.

In 2020, the US witnessed most severe impact of COVID-19. Sub-woofer manufacturers and service providers were affected due to nationwide lockdowns, travel restrictions, shutdown of production facilities, and shortage of employees. The pandemic led to health and economic crises in the US. Moreover, it led to disruptions in the consumer electronics industry, impacting various aspects such as supply chain, manufacturing, and sales. The pandemic has directly and indirectly affected the sub-woofer market, and it is expected to witness growth with decreasing COVID-19 cases.

The overall sub-woofer market size has been derived using both primary and secondary sources. Extensive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The research also serves the purpose of obtaining an overview and forecast of the sub-woofer market with all the segments. It also offers an overview and forecast of the market based on the segmentation provided concerning five major regions—North America, Europe, Asia Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of the research include VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the sub-woofer market.

Dynaudio A/S, K-Array, Harman International, Sony Corporation, SV Sound, Pioneer India Electronics Pvt. Ltd., Paradigm Electronics Inc., LW Speakers professional sound systems, Klipsch Group Inc., and JVC Kenwood Holdings Inc are among the few companies operating in the global sub-woofer market.

The List of Companies - Global Sub-Woofer Market

1. Dynaudio A/S

2. K-Array

3. Harman International

4. Sony Corporation

5. SV Sound

6. Pioneer India Electronics Pvt. Ltd.

7. Paradigm Electronics Inc.

8. LW Speakers Professional Sound Systems

9. Klipsch Group Inc.

10. JVC Kenwood Holdings Inc.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Sub-Woofer Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 Asia Pacific

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Global Sub-Woofer Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Growing Demand in Automotive Industry

5.1.2 Increasing Popularity in Residential Home Applications and Cinemas and Theatres

5.2 Market Restraints

5.2.1 Availability of Low-quality Sub-woofers

5.3 Market Opportunities

5.3.1 Rise in Demand for Wireless Audio Devices and Smart Connectivity

5.4 Future trends

5.4.1 Increasing Uptake of Home and Professional Sound Systems

5.5 Impact Analysis of Drivers and Restraints

6. Sub-Woofer Market – Global Analysis

6.1 Sub-Woofer Market Overview

6.2 Sub-Woofer Market Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning – Five Key Players

7. Sub-Woofer Market Analysis – By Application

7.1 Overview

7.2 Sub-woofer Market, By Application (2020 and 2028)

7.3 Car Audio

7.3.1 Overview

7.3.2 Car Audio: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Home Audio

7.4.1 Overview

7.4.2 Home Audio: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Cinema Sound

7.5.1 Overview

7.6 Sound Reinforcement

7.6.1 Overview

7.6.2 Sound Reinforcement: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

8. Sub-woofer Market – By End-User

8.1 Overview

8.2 Sub-woofer Market, By End-User (2020 and 2028)

8.3 Residential

8.3.1 Overview

8.3.2 Residential: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Commercial

8.4.1 Overview

8.4.2 Commercial: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9. Sub-woofer Market – Geographic Analysis

9.1 Overview

9.2 North America: Sub-woofer Market

9.2.1 North America: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.2.2 North America: Sub-woofer Market, by Application

9.2.3 North America: Sub-woofer Market, by End-User

9.2.4 North America: Sub-woofer Market, by Key Country

9.2.5 US: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.2.5.1 US: Sub-woofer Market, by Application

9.2.5.2 US: Sub-woofer Market, by End-User

9.2.6 Canada: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.2.6.1 Canada: Sub-woofer Market, by Application

9.2.6.2 Canada: Sub-woofer Market, by End-User

9.2.7 Mexico: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.2.7.1 Mexico: Sub-woofer Market, by Application

9.2.7.2 Mexico: Sub-woofer Market, by End-User

9.3 Europe: Sub-woofer Market

9.3.1 Europe: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.3.2 Europe: Sub-woofer Market, by Application

9.3.3 Europe: Sub-woofer Market, by End-User

9.3.4 Europe: Sub-woofer Market, by Key Country

9.3.5 France: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.3.5.1 France: Sub-woofer Market, by Application

9.3.5.2 France: Sub-woofer Market, by End-User

9.3.6 Germany: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.3.6.1 Germany: Sub-woofer Market, by Application

9.3.6.2 Germany: Sub-woofer Market, by End-User

9.3.7 Italy: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.3.7.1 Italy: Sub-woofer Market, by Application

9.3.7.2 Italy: Sub-woofer Market, by End-User

9.3.8 UK: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.3.8.1 UK: Sub-woofer Market, by Application

9.3.8.2 UK: Sub-woofer Market, by End-User

9.3.9 Russia: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.3.9.1 Russia: Sub-woofer Market, by Application

9.3.9.2 Russia: Sub-woofer Market, by End-User

9.3.10 Rest of Europe: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.3.10.1 Rest of Europe: Sub-woofer Market, by Application

9.3.10.2 Rest of Europe: Sub-woofer Market, by End-User

9.4 Asia Pacific: Sub-woofer Market

9.4.1 Asia Pacific: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.4.2 Asia Pacific: Sub-woofer Market, by Application

9.4.3 Asia Pacific: Sub-woofer Market, by End-User

9.4.4 Asia Pacific: Sub-woofer Market, by Key Country

9.4.5 China: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.4.5.1 China: Sub-woofer Market, by Application

9.4.5.2 China: Sub-woofer Market, by End-User

9.4.6 India: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.4.6.1 India: Sub-woofer Market, by Application

9.4.6.2 India: Sub-woofer Market, by End-User

9.4.7 Japan: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.4.7.1 Japan: Sub-woofer Market, by Application

9.4.7.2 Japan: Sub-woofer Market, by End-User

9.4.8 South Korea: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.4.8.1 South Korea: Sub-woofer Market, by Application

9.4.8.2 South Korea: Sub-woofer Market, by End-User

9.4.9 Rest of APAC: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.4.9.1 Rest of APAC: Sub-woofer Market, by Application

9.4.9.2 Rest of APAC: Sub-woofer Market, by End-User

9.5 MEA: Sub-woofer Market

9.5.1 MEA: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.5.2 MEA: Sub-woofer Market, by Application

9.5.3 MEA: Sub-woofer Market, by End-User

9.5.4 MEA: Sub-woofer Market, by Key Country

9.5.5 UAE: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.5.5.1 UAE: Sub-woofer Market, by Application

9.5.5.2 UAE: Sub-woofer Market, by End-User

9.5.6 South Africa: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.5.6.1 South Africa: Sub-woofer Market, by Application

9.5.6.2 South Africa: Sub-woofer Market, by End-User

9.5.7 Rest of MEA: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.5.7.1 Rest of MEA: Sub-woofer Market, by Application

9.5.7.2 Rest of MEA: Sub-woofer Market, by End-User

9.6 SAM: Sub-woofer Market

9.6.1 SAM: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.6.2 SAM: Sub-woofer Market, by Application

9.6.3 SAM: Sub-woofer Market, by End-User

9.6.4 SAM: Sub-woofer Market, by Key Country

9.6.5 Brazil: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.6.5.1 Brazil: Sub-woofer Market, by Application

9.6.5.2 Brazil: Sub-woofer Market, by End-User

9.6.6 Argentina: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.6.6.1 Argentina: Sub-woofer Market, by Application

9.6.6.2 Argentina: Sub-woofer Market, by End-User

9.6.7 Rest of SAM: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)

9.6.7.1 Rest of SAM: Sub-woofer Market, by Application

9.6.7.2 Rest of SAM: Sub-woofer Market, by End-User

10. Sub-woofer Market - COVID-19 Impact Analysis

10.1 Overview

10.2 North America: Impact Assessment of COVID-19 Pandemic

10.3 Europe: Impact Assessment of COVID-19 Pandemic

10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic

10.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

10.6 South America Impact Assessment of COVID-19 Pandemic

11. Subwoofer Market-Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product launch

12. Company Profiles

12.1 Dynaudio A/S

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 K-Array

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Harman International

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Sony Corporation

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 SV Sound

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Pioneer India Electronics Pvt. Ltd.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Paradigm Electronics Inc.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 LW Speakers professional sound systems

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Klipsch Group Inc.

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 JVC Kenwood Holdings Inc

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

12.11 About The Insight Partners

12.12 Word Index

LIST OF TABLES.

Table 1. Sub-woofer market – Revenue and Forecast to 2028 (US$ Million)

Table 2. North America: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America: Sub-woofer Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 9. Mexico: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10. Mexico: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 11. Europe: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12. Europe: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 13. Europe: Sub-woofer Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 14. France: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 15. France: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 16. Germany: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 17. Germany: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 18. Italy: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 19. Italy: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 20. UK: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 21. UK: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 22. Russia: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 23. Russia: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 24. Rest of Europe: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 25. Rest of Europe: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 26. Asia Pacific: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 27. Asia Pacific: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 28. Asia Pacific: Sub-woofer Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 29. China: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 30. China: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 31. India: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 32. India: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 33. Japan: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 34. Japan: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 35. South Korea: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 36. South Korea: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 37. Rest of APAC: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 38. Rest of APAC: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 39. MEA: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 40. MEA: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 41. MEA: Sub-woofer Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 42. UAE: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 43. UAE: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 44. South Africa: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 45. South Africa: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 46. Rest of MEA: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 47. Rest of MEA: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 48. SAM: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 49. SAM: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 50. SAM: Sub-woofer Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 51. Brazil: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 52. Brazil: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 53. Argentina: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 54. Argentina: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 55. Rest of SAM: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 56. Rest of SAM: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)

Table 57. List of Abbreviation

The List of Companies - Global Sub-Woofer Market

1. Dynaudio A/S

2. K-Array

3. Harman International

4. Sony Corporation

5. SV Sound

6. Pioneer India Electronics Pvt. Ltd.

7. Paradigm Electronics Inc.

8. LW Speakers Professional Sound Systems

9. Klipsch Group Inc.

10. JVC Kenwood Holdings Inc.

Reason To Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global sub-woofer market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the global sub-woofer market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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