Global Home Entertainment Devices Market Size study & Forecast, by Device (Audio Devices, Video Devices, Gaming Consoles), by Distribution Channel (Offline, Online) and Regional Analysis, 2023-2030

Description

List of Tables

Global Home Entertainment Devices Market is valued at approximately USD 285.88 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.30% over the forecast period 2023-2030. Home Entertainment Devices are consumer electronics products through which users can watch Movies, listen to music, play games and perform other activities. These home entertainment devices consist of television sets, video players, gaming devices and much more. The Home Entertainment Devices market is expanding because of factors such as Rising demand for smart television, introduction of internet enabled home entertainment devices and increased spending on home entertainment devices. However, the shift of consumers to Smartphones and the negative effect of home entertainment tend to hinder market growth.

The surging demand for smart televisions is a significant catalyst behind the growth of the home entertainment devices market. In recent years, there has been a notable shift in consumer preferences towards smart TVs, which offer a wide array of interactive and internet-connected features, such as streaming services, apps, and web browsing. These televisions have become the centerpiece of modern home entertainment systems, providing a convenient and immersive viewing experience According to Statista, in year 2019 the revenue from sales of Smart TVs stood at 209.3 million units which is projected to reach at 266.4 million units by year 2025. These rising revenue indicates the adoption of devices, resulting in market growth. Moreover, the increase in spending on consumer electronics and the rise of digitization trends and innovation in electronics further act as an opportunity for the market.

The key regions considered for the Global Home Entertainment Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to changes in lifestyle and urbanization in this region, availability of raw materials and cheap labor in developing nations such as India and China. Moreover, the shift towards entertainment and leisure activities in this region is driving the market growth. Europe is expected to grow significantly over the forecast period, owing to factors such as product accessibility at economical prices and the popularity of devices. Moreover, there is a rise in demand for subscription-based video on demand services and OTT platforms in the region, resulting in market growth.

Major market player included in this report are:

Sony Corporation
Samsung Electronics Co. Ltd.
Panasonic Holdings Corporation
Microsoft Corporation
LG Electronics Inc.
Bose Corporation
Koninklijke Philips N.V.
Sennheiser electronic GmbH & Co. KG
Haier Group Inc.
Mitsubishi Electric Corporation

Recent Developments in the Market:

In March 2023, Sony Electronics Inc. announced its BRAVIA XR TV Lineup, with Cognitive Processor XR, for a great home entertainment experience. Bravia XR consist of five new models X95L Mini LED, X93L Mini LED, X90L Full Array LED, A95L QD-OLED and A80L OLED. These models have features that provide customers with the ultimate experience for watching movies, streaming apps and more.
In September 2022, Panasonic launched 20 new models of LED TVs (comprising of both 4K and Smart TV portfolio), 30-liter Microwave, Monster Super Mixer-Grinder with Double Safety Lock protection and a Miraie-enabled Washing Machine range with a built-in heater. Panasonic launched these products in the festive season with exciting offers to attract more customers to buy from Panasonic Corporation.

Global Home Entertainment Devices Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Device, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Device:

Audio Devices
Video Devices
Gaming Consoles

By Distribution Channel:

Offline
Online

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Home Entertainment Devices Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Home Entertainment Devices Market, by Device, 2020-2030 (USD Billion)
- 1.2.3. Home Entertainment Devices Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Home Entertainment Devices Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Home Entertainment Devices Market Dynamics

3.1. Home Entertainment Devices Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising demand for Smart Television
  - 3.1.1.2. Introduction of internet enabled home entertainment devices
  - 3.1.1.3. Increase in disposable income
- 3.1.2. Market Challenges
  - 3.1.2.1. Shift of consumers to Smartphones
  - 3.1.2.2. Negative effect of home entertainment
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increase in spending on consumer electronics product
  - 3.1.3.2. Rise of digitization trends and innovation in electronics

Chapter 4. Global Home Entertainment Devices Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Home Entertainment Devices Market, by Device

5.1. Market Snapshot
5.2. Global Home Entertainment Devices Market by Device, Performance - Potential Analysis
5.3. Global Home Entertainment Devices Market Estimates & Forecasts by Device 2020-2030 (USD Billion)
5.4. Home Entertainment Devices Market, Sub Segment Analysis
- 5.4.1. Audio Devices
- 5.4.2. Video Devices
- 5.4.3. Gaming Consoles

Chapter 6. Global Home Entertainment Devices Market, by Distribution Channel

6.1. Market Snapshot
6.2. Global Home Entertainment Devices Market by Distribution Channel, Performance - Potential Analysis
6.3. Global Home Entertainment Devices Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Home Entertainment Devices Market, Sub Segment Analysis
- 6.4.1. Offline
- 6.4.2. Online

Chapter 7. Global Home Entertainment Devices Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Home Entertainment Devices Market, Regional Market Snapshot
7.4. North America Home Entertainment Devices Market
- 7.4.1. U.S. Home Entertainment Devices Market
  - 7.4.1.1. Device breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Home Entertainment Devices Market
7.5. Europe Home Entertainment Devices Market Snapshot
- 7.5.1. U.K. Home Entertainment Devices Market
- 7.5.2. Germany Home Entertainment Devices Market
- 7.5.3. France Home Entertainment Devices Market
- 7.5.4. Spain Home Entertainment Devices Market
- 7.5.5. Italy Home Entertainment Devices Market
- 7.5.6. Rest of Europe Home Entertainment Devices Market
7.6. Asia-Pacific Home Entertainment Devices Market Snapshot
- 7.6.1. China Home Entertainment Devices Market
- 7.6.2. India Home Entertainment Devices Market
- 7.6.3. Japan Home Entertainment Devices Market
- 7.6.4. Australia Home Entertainment Devices Market
- 7.6.5. South Korea Home Entertainment Devices Market
- 7.6.6. Rest of Asia Pacific Home Entertainment Devices Market
7.7. Latin America Home Entertainment Devices Market Snapshot
- 7.7.1. Brazil Home Entertainment Devices Market
- 7.7.2. Mexico Home Entertainment Devices Market
7.8. Middle East & Africa Home Entertainment Devices Market
- 7.8.1. Saudi Arabia Home Entertainment Devices Market
- 7.8.2. South Africa Home Entertainment Devices Market
- 7.8.3. Rest of Middle East & Africa Home Entertainment Devices Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Sony Corporation
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Samsung Electronics Co. Ltd.
- 8.3.3. Panasonic Holdings Corporation
- 8.3.4. Microsoft Corporation
- 8.3.5. LG Electronics Inc.
- 8.3.6. Bose Corporation
- 8.3.7. Koninklijke Philips N.V.
- 8.3.8. Sennheiser electronic GmbH & Co. KG
- 8.3.9. Haier Group Inc.
- 8.3.10. Mitsubishi Electric Corporation

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Home Entertainment Devices Market, report scope
TABLE 2. Global Home Entertainment Devices Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Home Entertainment Devices Market estimates & forecasts by Device 2020-2030 (USD Billion)
TABLE 4. Global Home Entertainment Devices Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 5. Global Home Entertainment Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Home Entertainment Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Home Entertainment Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Home Entertainment Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Home Entertainment Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Home Entertainment Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Home Entertainment Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Home Entertainment Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Home Entertainment Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Home Entertainment Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Home Entertainment Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Home Entertainment Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Home Entertainment Devices Market
TABLE 70. List of primary sources, used in the study of global Home Entertainment Devices Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Home Entertainment Devices Market, research methodology
FIG 2. Global Home Entertainment Devices Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Home Entertainment Devices Market, key trends 2022
FIG 5. Global Home Entertainment Devices Market, growth prospects 2023-2030
FIG 6. Global Home Entertainment Devices Market, porters 5 force model
FIG 7. Global Home Entertainment Devices Market, pest analysis
FIG 8. Global Home Entertainment Devices Market, value chain analysis
FIG 9. Global Home Entertainment Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Home Entertainment Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Home Entertainment Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Home Entertainment Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Home Entertainment Devices Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Home Entertainment Devices Market, regional snapshot 2020 & 2030
FIG 15. North America Home Entertainment Devices Market 2020 & 2030 (USD Billion)
FIG 16. Europe Home Entertainment Devices Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Home Entertainment Devices Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Home Entertainment Devices Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Home Entertainment Devices Market 2020 & 2030 (USD Billion)