PUBLISHER: KBV Research | PRODUCT CODE: 1448129
PUBLISHER: KBV Research | PRODUCT CODE: 1448129
North America Home Theatre Market Size, Share & Trends Analysis Report By Distribution Channel, By Product Type (Home Theatre In A Box System (HTIB), Sound Bar, and Component System), By Country and Growth Forecast, 2023 - 2030
The North America Home Theatre Market would witness market growth of 8.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 6,626.1 thousand units, showcasing a growth of 8.3% (2019-2022).
Home Theatre in A Box (HTIB) systems are all-in-one home entertainment solutions designed to provide consumers with a simplified and convenient way to enjoy immersive audio and video experiences in their homes. These systems typically include a combination of speakers, a subwoofer, an AV receiver, and sometimes a Blu-ray player or streaming device, all bundled together in a single package. Therefore, the US market consumed 1,924.7 thousand units in the market in 2022.
The US market dominated the North America Home Theatre Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,701.8 million by 2030. The Canada market is experiencing a CAGR of 11% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.1% during (2023 - 2030).
These systems are versatile in their applications, extending beyond traditional movie watching to cater to a diverse range of entertainment preferences. The primary application revolves around cinematic experiences, with enthusiasts recreating the magic of the big screen for movies, TV shows, and sports events. The immersive audio and high-definition visuals offered by modern setups elevate the viewing experience, captivating audiences and creating a sense of escapism within the confines of one's home.
Consumers are interested in sustainable and energy-efficient these theater solutions as environmental consciousness grows. Manufacturers are responding by incorporating eco-friendly materials, energy-efficient components, and power-saving features into their products. Likewise, manufacturers are exploring modular designs that allow consumers to customize their home theater setups according to their preferences and spatial constraints.
The United States has witnessed a surge in adopting smart home devices, ranging from smart thermostats and lighting systems to security cameras and voice-activated virtual assistants. As more households embrace these interconnected technologies, there is a natural inclination to extend smart capabilities to home entertainment, with these systems becoming a focal point for integration. Hence, the rising media and entertainment industry and smart home trends in North America will lead to enhanced growth in the regional market.
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product Type, the market is segmented into Home Theatre In A Box System (HTIB), Sound Bar, and Component System. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Bose Corporation
- Sonos, Inc.
- Masimo Corporation
- LG Corporation
- Panasonic Holdings Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Sony Corporation
- Koninklijke Philips N.V.
- Toshiba Corporation
- Yamaha Corporation
North America Home Theatre Market Report Segmentation
By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)
- Offline
- Online
By Product Type (Volume, Thousand Units, USD Billion, 2019-2030)
- Home Theatre In A Box System (HTIB)
- Sound Bar
- Component System
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1North America Home Theatre Market, by Distribution Channel
- 1.4.2North America Home Theatre Market, by Product Type
- 1.4.3North America Home Theatre Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
Chapter 4.Competition Analysis - Global
- 4.1KBV Cardinal Matrix
- 4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
- 4.3Top Winning Strategies
- 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2Key Strategic Move: (Product Launches and Product Expansions : 2022, Jan - 2024, Jan) Leading Players
- 4.4Porter's Five Forces Analysis
Chapter 5.North America Home Theatre Market, By Distribution Channel
- 5.1North America Offline Market, By Country
- 5.2North America Online Market, By Country
Chapter 6.North America Home Theatre Market, By Product Type
- 6.1North America Home Theatre In A Box System (HTIB) Market, By Country
- 6.2North America Sound Bar Market, By Country
- 6.3North America Component System Market, By Country
Chapter 7.North America Home Theatre Market, By Country
- 7.1US Home Theatre Market
- 7.1.1US Home Theatre Market, By Distribution Channel
- 7.1.2US Home Theatre Market, By Product Type
- 7.2Canada Home Theatre Market
- 7.2.1Canada Home Theatre Market, By Distribution Channel
- 7.2.2Canada Home Theatre Market, By Product Type
- 7.3Mexico Home Theatre Market
- 7.3.1Mexico Home Theatre Market, By Distribution Channel
- 7.3.2Mexico Home Theatre Market, By Product Type
- 7.4Rest of North America Home Theatre Market
- 7.4.1Rest of North America Home Theatre Market, By Distribution Channel
- 7.4.2Rest of North America Home Theatre Market, By Product Type
Chapter 8.Company Profiles
- 8.1Bose Corporation
- 8.1.1Company Overview
- 8.1.2Recent strategies and developments:
- 8.1.2.1Product Launches and Product Expansions:
- 8.1.3SWOT Analysis
- 8.2Sonos, Inc.
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Regional Analysis
- 8.2.4Research & Development Expenses
- 8.2.5Recent strategies and developments:
- 8.2.5.1Product Launches and Product Expansions:
- 8.2.5.2Acquisition and Mergers:
- 8.2.6SWOT Analysis
- 8.3Masimo Corporation
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expenses
- 8.3.5Recent strategies and developments:
- 8.3.5.1Acquisition and Mergers:
- 8.3.6SWOT Analysis
- 8.4LG Corporation
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental and Regional Analysis
- 8.4.4Research & Development Expenses
- 8.4.5Recent strategies and developments:
- 8.4.5.1Partnerships, Collaborations, and Agreements:
- 8.4.5.2Product Launches and Product Expansions:
- 8.4.6SWOT Analysis
- 8.5Panasonic Holdings Corporation
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expenses
- 8.5.5Recent strategies and developments:
- 8.5.5.1Product Launches and Product Expansions:
- 8.5.6SWOT Analysis
- 8.6Samsung Electronics Co., Ltd. (Samsung Group)
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Recent strategies and developments:
- 8.6.4.1Product Launches and Product Expansions:
- 8.6.4.2Acquisition and Mergers:
- 8.6.5SWOT Analysis
- 8.7Sony Corporation
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental and Regional Analysis
- 8.7.4Research & Development Expenses
- 8.7.5Recent strategies and developments:
- 8.7.5.1Partnerships, Collaborations, and Agreements:
- 8.7.5.2Product Launches and Product Expansions:
- 8.7.6SWOT Analysis
- 8.8Koninklijke Philips N.V.
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4Research & Development Expense
- 8.8.5SWOT Analysis
- 8.9Toshiba Corporation
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4Research and Development Expense
- 8.9.5Recent strategies and developments:
- 8.9.5.1Product Launches and Product Expansions:
- 8.9.6SWOT Analysis
- 8.10.Yamaha Corporation
- 8.10.1Company Overview
- 8.10.2Financial Analysis
- 8.10.3Regional & Segmental Analysis
- 8.10.4Research & Development Expenses
- 8.10.5Recent strategies and developments:
- 8.10.5.1Product Launches and Product Expansions:
- 8.10.6SWOT Analysis
LIST OF TABLES
- TABLE 1North America Home Theatre Market, 2019 - 2022, USD Million
- TABLE 2North America Home Theatre Market, 2023 - 2030, USD Million
- TABLE 3North America Home Theatre Market, 2019 - 2022, Thousand Units
- TABLE 4North America Home Theatre Market, 2023 - 2030, Thousand Units
- TABLE 5Partnerships, Collaborations and Agreements- Home Theatre Market
- TABLE 6Product Launches And Product Expansions- Home Theatre Market
- TABLE 7Acquisition and Mergers- Home Theatre Market
- TABLE 8North America Home Theatre Market, By Distribution Channel, 2019 - 2022, USD Million
- TABLE 9North America Home Theatre Market, By Distribution Channel, 2023 - 2030, USD Million
- TABLE 10North America Home Theatre Market, By Distribution Channel, 2019 - 2022, Thousand Units
- TABLE 11North America Home Theatre Market, By Distribution Channel, 2023 - 2030, Thousand Units
- TABLE 12North America Offline Market, By Country, 2019 - 2022, USD Million
- TABLE 13North America Offline Market, By Country, 2023 - 2030, USD Million
- TABLE 14North America Offline Market, By Country, 2019 - 2022, Thousand Units
- TABLE 15North America Offline Market, By Country, 2023 - 2030, Thousand Units
- TABLE 16North America Online Market, By Country, 2019 - 2022, USD Million
- TABLE 17North America Online Market, By Country, 2023 - 2030, USD Million
- TABLE 18North America Online Market, By Country, 2019 - 2022, Thousand Units
- TABLE 19North America Online Market, By Country, 2023 - 2030, Thousand Units
- TABLE 20North America Home Theatre Market, By Product Type, 2019 - 2022, USD Million
- TABLE 21North America Home Theatre Market, By Product Type, 2023 - 2030, USD Million
- TABLE 22North America Home Theatre Market, By Product Type, 2019 - 2022, Thousand Units
- TABLE 23North America Home Theatre Market, By Product Type, 2023 - 2030, Thousand Units
- TABLE 24North America Home Theatre In A Box System (HTIB) Market, By Country, 2019 - 2022, USD Million
- TABLE 25North America Home Theatre In A Box System (HTIB) Market, By Country, 2023 - 2030, USD Million
- TABLE 26North America Home Theatre In A Box System (HTIB) Market, By Country, 2019 - 2022, Thousand Units
- TABLE 27North America Home Theatre In A Box System (HTIB) Market, By Country, 2023 - 2030, Thousand Units
- TABLE 28North America Sound Bar Market, By Country, 2019 - 2022, USD Million
- TABLE 29North America Sound Bar Market, By Country, 2023 - 2030, USD Million
- TABLE 30North America Sound Bar Market, By Country, 2019 - 2022, Thousand Units
- TABLE 31North America Sound Bar Market, By Country, 2023 - 2030, Thousand Units
- TABLE 32North America Component System Market, By Country, 2019 - 2022, USD Million
- TABLE 33North America Component System Market, By Country, 2023 - 2030, USD Million
- TABLE 34North America Component System Market, By Country, 2019 - 2022, Thousand Units
- TABLE 35North America Component System Market, By Country, 2023 - 2030, Thousand Units
- TABLE 36North America Home Theatre Market, By Country, 2019 - 2022, USD Million
- TABLE 37North America Home Theatre Market, By Country, 2023 - 2030, USD Million
- TABLE 38North America Home Theatre Market, By Country, 2019 - 2022, Thousand Units
- TABLE 39North America Home Theatre Market, By Country, 2023 - 2030, Thousand Units
- TABLE 40US Home Theatre Market, 2019 - 2022, USD Million
- TABLE 41US Home Theatre Market, 2023 - 2030, USD Million
- TABLE 42US Home Theatre Market, 2019 - 2022, Thousand Units
- TABLE 43US Home Theatre Market, 2023 - 2030, Thousand Units
- TABLE 44US Home Theatre Market, By Distribution Channel, 2019 - 2022, USD Million
- TABLE 45US Home Theatre Market, By Distribution Channel, 2023 - 2030, USD Million
- TABLE 46US Home Theatre Market, By Distribution Channel, 2019 - 2022, Thousand Units
- TABLE 47US Home Theatre Market, By Distribution Channel, 2023 - 2030, Thousand Units
- TABLE 48US Home Theatre Market, By Product Type, 2019 - 2022, USD Million
- TABLE 49US Home Theatre Market, By Product Type, 2023 - 2030, USD Million
- TABLE 50US Home Theatre Market, By Product Type, 2019 - 2022, Thousand Units
- TABLE 51US Home Theatre Market, By Product Type, 2023 - 2030, Thousand Units
- TABLE 52Canada Home Theatre Market, 2019 - 2022, USD Million
- TABLE 53Canada Home Theatre Market, 2023 - 2030, USD Million
- TABLE 54Canada Home Theatre Market, 2019 - 2022, Thousand Units
- TABLE 55Canada Home Theatre Market, 2023 - 2030, Thousand Units
- TABLE 56Canada Home Theatre Market, By Distribution Channel, 2019 - 2022, USD Million
- TABLE 57Canada Home Theatre Market, By Distribution Channel, 2023 - 2030, USD Million
- TABLE 58Canada Home Theatre Market, By Distribution Channel, 2019 - 2022, Thousand Units
- TABLE 59Canada Home Theatre Market, By Distribution Channel, 2023 - 2030, Thousand Units
- TABLE 60Canada Home Theatre Market, By Product Type, 2019 - 2022, USD Million
- TABLE 61Canada Home Theatre Market, By Product Type, 2023 - 2030, USD Million
- TABLE 62Canada Home Theatre Market, By Product Type, 2019 - 2022, Thousand Units
- TABLE 63Canada Home Theatre Market, By Product Type, 2023 - 2030, Thousand Units
- TABLE 64Mexico Home Theatre Market, 2019 - 2022, USD Million
- TABLE 65Mexico Home Theatre Market, 2023 - 2030, USD Million
- TABLE 66Mexico Home Theatre Market, 2019 - 2022, Thousand Units
- TABLE 67Mexico Home Theatre Market, 2023 - 2030, Thousand Units
- TABLE 68Mexico Home Theatre Market, By Distribution Channel, 2019 - 2022, USD Million
- TABLE 69Mexico Home Theatre Market, By Distribution Channel, 2023 - 2030, USD Million
- TABLE 70Mexico Home Theatre Market, By Distribution Channel, 2019 - 2022, Thousand Units
- TABLE 71Mexico Home Theatre Market, By Distribution Channel, 2023 - 2030, Thousand Units
- TABLE 72Mexico Home Theatre Market, By Product Type, 2019 - 2022, USD Million
- TABLE 73Mexico Home Theatre Market, By Product Type, 2023 - 2030, USD Million
- TABLE 74Mexico Home Theatre Market, By Product Type, 2019 - 2022, Thousand Units
- TABLE 75Mexico Home Theatre Market, By Product Type, 2023 - 2030, Thousand Units
- TABLE 76Rest of North America Home Theatre Market, 2019 - 2022, USD Million
- TABLE 77Rest of North America Home Theatre Market, 2023 - 2030, USD Million
- TABLE 78Rest of North America Home Theatre Market, 2019 - 2022, Thousand Units
- TABLE 79Rest of North America Home Theatre Market, 2023 - 2030, Thousand Units
- TABLE 80Rest of North America Home Theatre Market, By Distribution Channel, 2019 - 2022, USD Million
- TABLE 81Rest of North America Home Theatre Market, By Distribution Channel, 2023 - 2030, USD Million
- TABLE 82Rest of North America Home Theatre Market, By Distribution Channel, 2019 - 2022, Thousand Units
- TABLE 83Rest of North America Home Theatre Market, By Distribution Channel, 2023 - 2030, Thousand Units
- TABLE 84Rest of North America Home Theatre Market, By Product Type, 2019 - 2022, USD Million
- TABLE 85Rest of North America Home Theatre Market, By Product Type, 2023 - 2030, USD Million
- TABLE 86Rest of North America Home Theatre Market, By Product Type, 2019 - 2022, Thousand Units
- TABLE 87Rest of North America Home Theatre Market, By Product Type, 2023 - 2030, Thousand Units
- TABLE 88Key Information - Bose Corporation
- TABLE 89Key Information - Sonos, Inc.
- TABLE 90Key Information - MASIMO CORPORATION
- TABLE 91Key Information - LG Corporation
- TABLE 92Key Information - Panasonic Holdings Corporation
- TABLE 93Key Information - Samsung Electronics Co., Ltd.
- TABLE 94Key Information - Sony Corporation
- TABLE 95Key Information - Koninklijke Philips N.V.
- TABLE 96Key Information - Toshiba Corporation
- TABLE 97Key Information - Yamaha Corporation
