Global High Resolution Audio (Audiophile Audio) Market Overview
High-resolution audio (audiophile audio) is a technical term for audio with more than 44.1 kHz sample rate or greater than 16-bit depth. An amplifier, informally amp or electronic amplifier is an electronic device that can escalate the power of a signal a time-variable current or voltage. It is an electric circuit with two-port that uses electric power from a power supply to increase the amplitude of a signal applied to its input terminals, producing a proportionally greater amplitude signal at its output. The amplification amount provided by an amplifier is measured by its gain: the ratio of output current, voltage, or power to input. An amplifier is a circuit that has a power gain more than one. High-resolution Audio is one kind of audios applicable for audio pursuer or lover. It has high Sound quality.
Global High Resolution Audio (Audiophile Audio) Market Dynamics
Increasing demand for infotainment services
The increasing popularity of the on-demand services, specially related to music, is projected to continue to drive the growth of two consumer application devices— wired audio and wireless audio. Additionally, the increasing demand for in-car infotainment systems is anticipated to boost the automotive market for high-resolution audio (audiophile audio)
Increased expenditure on R&D for wireless technology by OEMs
Due to innovation and advancement in wireless technology, the market has been experiencing tremendous growth. Rising demand for home-theater-in-a-box (HTiB), emerging automotive sector, and smart homes is increasing the growth of the target market. In addition, growth in adoption of portable devices such as laptops, tablets, and smartphones, and online services have added to the growth of wireless audio products in the market. Moreover, growing penetration of technologically advanced products and increasing disposable income are propelling the adoption of high-resolution audio systems in home entertainment industry and in consumer electronics. In February 2016, Panasonic Corporation developed a new product series in its ALL Connected home audio products segment. The products offer Bluetooth and Wi-Fi connectivity and provide Hi-Fi sound.
However, issues related to operating frequency compliance and negative effects on the health of the children and other user groups may hamper growth of the target market over the forecast period.
Global High Resolution Audio (Audiophile Audio) Market Segmentation
High-resolution audio (audiophile audio) market is segmented based on product, application, and region.
On the basis of product, the high-resolution audio (audiophile audio) market is segmented into wired audio and wireless audio. Based on application, the target market is segmented into Below 18, 18-34, and Above 34.
Regional Insights:
On region the high-resolution audio (audiophile audio) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is anticipated to be the largest market for high-resolution audio over the forecast period, due to factors such as increasing population, rapid growth in purchasing power parity (PPP) and technological developments. North America, being a developed market accounts second highest share in the global market. North America registered sustainable growth in the global market during the past years, owing to presence of a large number of manufacturers in the region. However, Europe having accommodated developed economies such as France and Germany, is projected to experience significant growth with rising demand for luxury automotive that comes with wireless audio system. Among high fidelity products category, sound bars & speakers collectively estimated for the largest market share. The market for automotive application is likely to grow at the highest rate during the forecast period.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Million & CAGR from 2020 to 2030 |
|
Market Segmentation |
By Product - Wired Audio and Wireless Audio By Application – Below 18, 18-34, and Above 34 |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the High-resolution audio (Audiophile Audio) market report based on test, application, and region:
High-resolution Audio (Audiophile Audio) Market, By Product:
- Wired Audio
- Wireless Audio
High-resolution Audio (Audiophile Audio) Market, By Application:
- Below 18
- 18-34
- Above 34
High-resolution Audio (Audiophile Audio) Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global High Resolution Audio (Audiophile Audio) Market Key Players
The key players operating the high-resolution audio (audiophile audio) market includes Alpine Electronics, Pioneer, Harman, Sony, JVC Kenwood, Polk Audio, KICKER, Rockford Fosgate, JL Audio, and HiVi. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, On January 2020 HARMAN Professional Solutions, the global leader in video, audio, lighting and control systems, launched new AKG K361-BT and K371-BT professional studio headphones featuring Bluetooth connectivity at the 2020 NAMM show in Anaheim, California and the 2020 CES shows in Las Vegas, Nevada.
Global High Resolution Audio (Audiophile Audio) Market Company Profile
- Alpine Electronics
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pioneer
- Harman
- Sony
- JVC Kenwood
- Polk Audio
- KICKER
- Rockford Fosgate
- JL Audio
- HiVi
“*” marked represents similar segmentation in other categories in the respective section
Global High Resolution Audio (Audiophile Audio) Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for High-resolution Audio (Audiophile Audio) Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Product, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Wired Audio
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Wireless Audio
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Below 18
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- 18-34
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Above 34
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Alpine Electronics
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Pioneer
- Harman
- Sony
- JVC Kenwood
- Polk Audio
- KICKER
- Rockford Fosgate
- JL Audio
- HiVi
- Alpine Electronics
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The high-resolution audio (audiophile audio) market is segmented based on product, application, and region.
The increasing popularity of the on-demand services, specially related to music, is projected to continue to drive the growth of two consumer application devices— wired audio and wireless audio.
On region the high-resolution audio (audiophile audio) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is anticipated to be the largest market for high-resolution audio over the forecast period.
The key players operating the high-resolution audio (audiophile audio) market includes Alpine Electronics, Pioneer, Harman, Sony, JVC Kenwood, Polk Audio, KICKER, Rockford Fosgate, JL Audio, and HiVi.