North America Soundbar Market Size, Share & Trends Analysis Report By Type (Tabletop, and Wall Mount), By Application, By Installation Method, By Distribution Channel (Online, and Offline), By Connectivity, By Country and Growth Forecast, 2024

List of Tables

The North America Soundbar Market would witness market growth of 8.5% CAGR during the forecast period (2024-2031).

The US market dominated the North America Soundbar Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,764.3 million by 2031. The Canada market is experiencing a CAGR of 9.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 9.5% during (2024 - 2031).

This is a speaker system designed to enhance the audio quality of televisions and other home entertainment devices. It is a long, slim, rectangular speaker typically containing multiple drivers in a single enclosure. These are intended to provide high-quality sound without the necessity of a conventional multi-speaker surround sound system, providing a more streamlined and space-saving alternative.

This market has grown significantly in recent years, driven by increased demand for enhanced audio quality in home entertainment systems. As televisions become thinner and more advanced, their built-in speakers often fail to deliver the robust sound that modern consumers expect. This has led to a rising demand for external audio solutions, with these emerging as a popular choice.

Recent developments in the Mexican market include introducing more budget-friendly models by brands like Samsung and LG, catering to the growing middle class. As smart TVs become more common in Mexican households, these are viewed as an affordable way to enhance audio quality without investing in expensive home theater setups. Furthermore, the trend toward smaller living spaces in urban areas has increased the appeal of compact soundbars that save space while delivering better sound quality than TV speakers. More Mexican consumers are seeking affordable, high-quality audio solutions as a result of the proliferation of local streaming platforms and the expansion of internet access. Hence, the region will present lucrative growth opportunities for the market throughout the forecast period.

Based on Type, the market is segmented into Tabletop, and Wall Mount. Based on Application, the market is segmented into Home Audio, and Commercial. Based on Installation Method, the market is segmented into Active Soundbar, Passive Soundbar, and Other Installation Methods. Based on Distribution Channel, the market is segmented into Online, and Offline. Based on Connectivity, the market is segmented into Bluetooth, Wi-Fi, and Other Connectivity Type. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Bose Corporation
Sony Corporation
Intex Technologies
Yamaha Corporation
Samsung Electronics Co., Ltd. (Samsung Group)
LG Electronics, Inc. (LG Corporation)
Koninklijke Philips N.V.
Xiaomi Corporation
Panasonic Holdings Corporation
Toshiba Corporation

North America Soundbar Market Report Segmentation

By Type

Tabletop
Wall Mount

By Application

Home Audio
Commercial

By Installation Method

Active Soundbar
Passive Soundbar
Other Installation Methods

By Distribution Channel

Online
Offline

By Connectivity

Bluetooth
Wi-Fi
Other Connectivity Type

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Soundbar Market, by Type
- 1.4.2 North America Soundbar Market, by Application
- 1.4.3 North America Soundbar Market, by Installation Method
- 1.4.4 North America Soundbar Market, by Distribution Channel
- 1.4.5 North America Soundbar Market, by Connectivity
- 1.4.6 North America Soundbar Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Feb - 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Soundbar Market by Type

5.1 North America Tabletop Market by Region
5.2 North America Wall Mount Market by Region

Chapter 6. North America Soundbar Market by Application

6.1 North America Home Audio Market by Country
6.2 North America Commercial Market by Country

Chapter 7. North America Soundbar Market by Installation Method

7.1 North America Active Soundbar Market by Country
7.2 North America Passive Soundbar Market by Country
7.3 North America Other Installation Methods Market by Country

Chapter 8. North America Soundbar Market by Distribution Channel

8.1 North America Online Market by Country
8.2 North America Offline Market by Country

Chapter 9. North America Soundbar Market by Connectivity

9.1 North America Bluetooth Market by Country
9.2 North America Wi-Fi Market by Country
9.3 North America Other Connectivity Type Market by Country

Chapter 10. North America Soundbar Market by Country

10.1 US Soundbar Market
- 10.1.1 US Soundbar Market by Type
- 10.1.2 US Soundbar Market by Application
- 10.1.3 US Soundbar Market by Installation Method
- 10.1.4 US Soundbar Market by Distribution Channel
- 10.1.5 US Soundbar Market by Connectivity
10.2 Canada Soundbar Market
- 10.2.1 Canada Soundbar Market by Type
- 10.2.2 Canada Soundbar Market by Application
- 10.2.3 Canada Soundbar Market by Installation Method
- 10.2.4 Canada Soundbar Market by Distribution Channel
- 10.2.5 Canada Soundbar Market by Connectivity
10.3 Mexico Soundbar Market
- 10.3.1 Mexico Soundbar Market by Type
- 10.3.2 Mexico Soundbar Market by Application
- 10.3.3 Mexico Soundbar Market by Installation Method
- 10.3.4 Mexico Soundbar Market by Distribution Channel
- 10.3.5 Mexico Soundbar Market by Connectivity
10.4 Rest of North America Soundbar Market
- 10.4.1 Rest of North America Soundbar Market by Type
- 10.4.2 Rest of North America Soundbar Market by Application
- 10.4.3 Rest of North America Soundbar Market by Installation Method
- 10.4.4 Rest of North America Soundbar Market by Distribution Channel
- 10.4.5 Rest of North America Soundbar Market by Connectivity

Chapter 11. Company Profiles

11.1 Bose Corporation
- 11.1.1 Company Overview
- 11.1.2 Recent strategies and developments:
  - 11.1.2.1 Partnerships, Collaborations, and Agreements:
  - 11.1.2.2 Product Launches and Product Expansions:
- 11.1.3 SWOT Analysis
11.2 Sony Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent strategies and developments:
  - 11.2.5.1 Product Launches and Product Expansions:
- 11.2.6 SWOT Analysis
11.3 Intex Technologies
- 11.3.1 Company Overview
- 11.3.2 SWOT Analysis
11.4 Yamaha Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Regional & Segmental Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent strategies and developments:
  - 11.4.5.1 Product Launches and Product Expansions:
- 11.4.6 SWOT Analysis
11.5 LG Electronics, Inc. (LG Corporation)
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Regional & Segmental Analysis
- 11.5.4 Research & Development Expenses
- 11.5.5 Recent strategies and developments:
  - 11.5.5.1 Product Launches and Product Expansions:
  - 11.5.5.2 Acquisition and Mergers:
- 11.5.6 SWOT Analysis
11.6 Samsung Electronics Co., Ltd. (Samsung Group)
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segmental and Regional Analysis
- 11.6.4 Research & Development Expenses
- 11.6.5 Recent strategies and developments:
  - 11.6.5.1 Product Launches and Product Expansions:
- 11.6.6 SWOT Analysis
11.7 Koninklijke Philips N.V.
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Research & Development Expense
- 11.7.5 Recent strategies and developments:
  - 11.7.5.1 Product Launches and Product Expansions:
- 11.7.6 SWOT Analysis
11.8 Xiaomi Corporation
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Segmental and Regional Analysis
- 11.8.4 Research & Development Expenses
- 11.8.5 Recent strategies and developments:
  - 11.8.5.1 Product Launches and Product Expansions:
- 11.8.6 SWOT Analysis
11.9 Panasonic Holdings Corporation
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expenses
- 11.9.5 Recent strategies and developments:
  - 11.9.5.1 Product Launches and Product Expansions:
- 11.9.6 SWOT Analysis
11.10. Toshiba Corporation
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Segmental and Regional Analysis
- 11.10.4 Research and Development Expense
- 11.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Soundbar Market, 2020 - 2023, USD Million
TABLE 2 North America Soundbar Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Soundbar Market
TABLE 4 Product Launches And Product Expansions- Soundbar Market
TABLE 5 Acquisition and Mergers- Soundbar Market
TABLE 6 North America Soundbar Market by Type, 2020 - 2023, USD Million
TABLE 7 North America Soundbar Market by Type, 2024 - 2031, USD Million
TABLE 8 North America Tabletop Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Tabletop Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Wall Mount Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Wall Mount Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Soundbar Market by Application, 2020 - 2023, USD Million
TABLE 13 North America Soundbar Market by Application, 2024 - 2031, USD Million
TABLE 14 North America Home Audio Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Home Audio Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Commercial Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Commercial Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Soundbar Market by Installation Method, 2020 - 2023, USD Million
TABLE 19 North America Soundbar Market by Installation Method, 2024 - 2031, USD Million
TABLE 20 North America Active Soundbar Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Active Soundbar Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Passive Soundbar Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Passive Soundbar Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Other Installation Methods Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Other Installation Methods Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Soundbar Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 27 North America Soundbar Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 28 North America Online Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Online Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Offline Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Offline Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Soundbar Market by Connectivity, 2020 - 2023, USD Million
TABLE 33 North America Soundbar Market by Connectivity, 2024 - 2031, USD Million
TABLE 34 North America Bluetooth Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Bluetooth Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Wi-Fi Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Wi-Fi Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Other Connectivity Type Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Other Connectivity Type Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Soundbar Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Soundbar Market by Country, 2024 - 2031, USD Million
TABLE 42 US Soundbar Market, 2020 - 2023, USD Million
TABLE 43 US Soundbar Market, 2024 - 2031, USD Million
TABLE 44 US Soundbar Market by Type, 2020 - 2023, USD Million
TABLE 45 US Soundbar Market by Type, 2024 - 2031, USD Million
TABLE 46 US Soundbar Market by Application, 2020 - 2023, USD Million
TABLE 47 US Soundbar Market by Application, 2024 - 2031, USD Million
TABLE 48 US Soundbar Market by Installation Method, 2020 - 2023, USD Million
TABLE 49 US Soundbar Market by Installation Method, 2024 - 2031, USD Million
TABLE 50 US Soundbar Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 51 US Soundbar Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 52 US Soundbar Market by Connectivity, 2020 - 2023, USD Million
TABLE 53 US Soundbar Market by Connectivity, 2024 - 2031, USD Million
TABLE 54 Canada Soundbar Market, 2020 - 2023, USD Million
TABLE 55 Canada Soundbar Market, 2024 - 2031, USD Million
TABLE 56 Canada Soundbar Market by Type, 2020 - 2023, USD Million
TABLE 57 Canada Soundbar Market by Type, 2024 - 2031, USD Million
TABLE 58 Canada Soundbar Market by Application, 2020 - 2023, USD Million
TABLE 59 Canada Soundbar Market by Application, 2024 - 2031, USD Million
TABLE 60 Canada Soundbar Market by Installation Method, 2020 - 2023, USD Million
TABLE 61 Canada Soundbar Market by Installation Method, 2024 - 2031, USD Million
TABLE 62 Canada Soundbar Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 63 Canada Soundbar Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 64 Canada Soundbar Market by Connectivity, 2020 - 2023, USD Million
TABLE 65 Canada Soundbar Market by Connectivity, 2024 - 2031, USD Million
TABLE 66 Mexico Soundbar Market, 2020 - 2023, USD Million
TABLE 67 Mexico Soundbar Market, 2024 - 2031, USD Million
TABLE 68 Mexico Soundbar Market by Type, 2020 - 2023, USD Million
TABLE 69 Mexico Soundbar Market by Type, 2024 - 2031, USD Million
TABLE 70 Mexico Soundbar Market by Application, 2020 - 2023, USD Million
TABLE 71 Mexico Soundbar Market by Application, 2024 - 2031, USD Million
TABLE 72 Mexico Soundbar Market by Installation Method, 2020 - 2023, USD Million
TABLE 73 Mexico Soundbar Market by Installation Method, 2024 - 2031, USD Million
TABLE 74 Mexico Soundbar Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 75 Mexico Soundbar Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 76 Mexico Soundbar Market by Connectivity, 2020 - 2023, USD Million
TABLE 77 Mexico Soundbar Market by Connectivity, 2024 - 2031, USD Million
TABLE 78 Rest of North America Soundbar Market, 2020 - 2023, USD Million
TABLE 79 Rest of North America Soundbar Market, 2024 - 2031, USD Million
TABLE 80 Rest of North America Soundbar Market by Type, 2020 - 2023, USD Million
TABLE 81 Rest of North America Soundbar Market by Type, 2024 - 2031, USD Million
TABLE 82 Rest of North America Soundbar Market by Application, 2020 - 2023, USD Million
TABLE 83 Rest of North America Soundbar Market by Application, 2024 - 2031, USD Million
TABLE 84 Rest of North America Soundbar Market by Installation Method, 2020 - 2023, USD Million
TABLE 85 Rest of North America Soundbar Market by Installation Method, 2024 - 2031, USD Million
TABLE 86 Rest of North America Soundbar Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 87 Rest of North America Soundbar Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 88 Rest of North America Soundbar Market by Connectivity, 2020 - 2023, USD Million
TABLE 89 Rest of North America Soundbar Market by Connectivity, 2024 - 2031, USD Million
TABLE 90 Key Information - Bose Corporation
TABLE 91 Key Information - Sony Corporation
TABLE 92 Key Information - Intex Technologies
TABLE 93 Key Information - Yamaha Corporation
TABLE 94 Key Information - LG Electronics, Inc.
TABLE 95 Key Information - Samsung Electronics Co., Ltd.
TABLE 96 Key Information - Koninklijke Philips N.V.
TABLE 97 Key Information - Xiaomi Corporation
TABLE 98 Key Information - Panasonic Holdings Corporation
TABLE 99 Key Information - Toshiba Corporation

North America Soundbar Market Size, Share & Trends Analysis Report By Type (Tabletop, and Wall Mount), By Application, By Installation Method, By Distribution Channel (Online, and Offline), By Connectivity, By Country and Growth Forecast, 2024 - 2031

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