Bluetooth Speaker Market in US Analysis, Growth, Opportunities, Inudstry Trends, Price & Report 2020-2023


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Feb 03, 2021, 06:50 EST


Shibuya-ku, Tokyo, Japan, Japan, Feb 03, 2021, 06:50 /Comserve / -- The major vendors in the US market are: Bose, HARMAN International, Beats, Sony

This market research report on US Bluetooth speaker market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by product (traditional speaker, waterproof speaker, and rugged speaker), by price range (low-end, mid-range, and premium), by end-user type (residential users and commercial users), by portability (fixed and portable), and by distribution channel (online and retail).

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"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The major vendors in the US market are:

• Bose
• HARMAN International
• Beats
• Sony

Key Vendor Analysis

The US Bluetooth speaker market is moderately concentrated, and the top players occupy more than 60% of the total market share. The increasing focus on continual innovations and upgrades will help companies sustain the intense competition in the US market. The rising infiltration of low-quality products from China will lead to occasional spurts of competition in the US market. The increase in product or service extensions, technological innovations, and M&A activities will intensify the competition in the US market during the forecast period. The players are also expanding their businesses and distributing networks to fast-developing states to gain a larger market share.

US Bluetooth Speaker Market - Segmentation
This market research report includes a detailed segmentation of the market by products, price range, end-users, portability, and distribution channel.

US Bluetooth Speaker Market – By Product Type
Introduction of waterproof and water resistant speakers will boost the demand in the US Bluetooth speaker market during 2018-2023

The US Bluetooth speaker market by product type is segmented into the traditional speaker, waterproof speaker, and rugged speaker. The waterproof Bluetooth speaker segment dominated the majority of the market share in 2017, growing at a CAGR of over 12% during forecast period. The launch of mid-premium marine speakers with a waterproof IP certification ranging between 7 and 9K is propelling the growth of this segment in the US market. These speakers are designed to enable end-users to listen to music without worrying water damage. The growing availability of features such as mobility, high audio quality, and water-resistance features at an affordable price is driving the demand for these smart speakers in the US market. The rising number of pool parties and boat events across the US is fueling the adoption of these devices in the market. States such as California, Florida, and Arizona are the largest end-user of these products in the US Bluetooth speaker market. Some of these products provide a facility to receive a phone call and are marketed as multipurpose devices in the US market.


US Bluetooth Speaker Market – By Portability
Demand for portable speakers is expected to continue to grow in the US Bluetooth speaker market during the forecast period

The portability segment in the US Bluetooth speaker market is classified into fixed and portable. Portable systems occupied over 3/4th of the market share in 2017, growing at CAGR of more than 11% during the forecast period. The portable speakers can be carried anywhere, and these units can be AC powered, or AC/DC powered thereby, driving the demand in this segment of the US market. This audio equipment is designed to offer ease-of-convenience with respect to placement of speakers and while traveling. The vendors are launching innovative product designs to attract a larger consumer group and gain a larger US Bluetooth speaker market share during the forecast period.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91341

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Table of Content

1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by Price Range
4.3.3 Market Segmentation by End-user Type
4.3.4 Market Segmentation by Portability
4.3.5 Market Segmentation by Distribution Channel Type
4.3.6 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation

Key market insights include
1. The analysis of US Bluetooth speaker market provides market size and growth rate for the forecast period 2018-2023.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the US Bluetooth speaker market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of US Bluetooth speaker market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

 

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