Use Of Smart Speakers To Drive The Growth Of The Global Audio Equipment Market

Smart speakers are in high demand due to its interactive capabilities. These are wireless systems with voice command control and interface to service platforms as part of the “Internet of Things” (IoT) connectivity network. Companies like Apple, Google and Amazon are manufacturing the highest quality smart speakers.

The audio equipment manufacturing market comprises establishments producing electronic audio equipment for home entertainment, musical instrument amplification, motor vehicles, and public address systems. Audio equipment products include televisions, speaker systems, video cassette recorders, stereo equipment, jukeboxes, and amplifiers for musical instruments and public address systems.

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The companies covered in the audio equipment market report are Harman International, Dynaudio, Bose, KEF, and Polk.

The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.

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Furthermore, the audio equipment market is segmented into Loudspeakers; Microphones; Amplifiers; Turntables; Others.

Loudspeakers segment comprises establishments producing electronic audio equipment like Loudspeakers. Microphones comprises of establishments producing electronic audio equipment like Microphones.

Amplifiers segment comprises establishments producing electronic audio equipment like Amplifiers.

Turntables segment comprises establishments producing electronic audio equipment like Turntables.

Others segment comprises establishments producing electronic audio equipment other than Loudspeakers, Amplifiers, Microphones & Turntables.

The electrical and electronics manufacturing market, of which the audio equipment market is a segment, includes sales of products that generate, distribute and use electrical power products by entities (organizations, sole traders and partnerships) that produce products that generate, distribute and use electrical power, or electronic products such as audio, video and semi-conductors. This market does not include computers, computer peripherals and telecommunications equipment.

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The audio equipment market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast growth by geography. It places the market within the context of the wider electrical and electronics manufacturing market and compares it with other markets.

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