Global Surround Sound Processors Market Growth 2023-2029

Global Surround Sound Processors Market Growth 2023-2029

Product Code:464129

Published Date: Jan 04,2023

Pages: 120

Region: Global

Category: Machinery & Equipment

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Surround sound processors are the brains of all mid to high end home theater systems. They are similar to AV receivers in that they provide source switching and decoding, audio/video processing and volume control for various surround sound formats. But unlike an AV receiver, a preamp/AV processor has no built-in amplification and is dedicated to serving as the "brain" of the system. This means they generally have more processing power available. Includes additional channels, flexible adjustment and calibration options. They also cost more because higher quality components must be included to improve performance.

LPI (LP Information)' newest research report, the “Surround Sound Processors Industry Forecast” looks at past sales and reviews total world Surround Sound Processors sales in 2022, providing a comprehensive analysis by region and market sector of projected Surround Sound Processors sales for 2023 through 2029. With Surround Sound Processors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Surround Sound Processors industry.

This Insight Report provides a comprehensive analysis of the global Surround Sound Processors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Surround Sound Processors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Surround Sound Processors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Surround Sound Processors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Surround Sound Processors.

The global Surround Sound Processors market size is projected to grow from US$ 189 million in 2022 to US$ 241.1 million in 2029; it is expected to grow at a CAGR of 241.1 from 2023 to 2029.

Global key players of surround sound processors include Sound United (Masimo), Premium Audio (VOXX), Harman (Samsung), etc. The top five players hold a share nearly 70%. Asia-Pacific is the largest market, has a share approximately 42%, followed by North America and Europe, with share about 30% and 26%, separately.

This report presents a comprehensive overview, market shares, and growth opportunities of Surround Sound Processors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    16 Channels
    24 Channels
    32 Channels
    Others

Segmentation by application
    Home Theater
    Car Audio
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    NAD
    Premium Audio
    Sound United
    Yamaha
    Harman
    Lyngdorf Audio (SL Audio A/S )
    ALPS ALPINE
    Pioneer Corporation
    Classé
    Emotiva Audio
    Trinnov
    Audison (Elettromedia)
    AUDIOCONTROL
    Krell Industries
    McIntosh
    Extron
    Rotel
    Crestron
    QSC
    Meridian
    JL Audio
    Nakamichi
    KICKER
    Outlaws
    Parasound Products
    Anthem
    MOON (Simaudio)
    Bryston
    StormAudio
    FOCAL
    SoundField

Key Questions Addressed in this Report
What is the 10-year outlook for the global Surround Sound Processors market?
What factors are driving Surround Sound Processors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Surround Sound Processors market opportunities vary by end market size?
How does Surround Sound Processors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?