Speaker Drivers Market
Electrical And Electronics Manufacturing

Global Speaker Drivers Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Speaker Drivers Market Report by The Business Research Company covers speaker drivers market drivers and restraints, speaker drivers market size, major players, and the impact of COVID-19 on the speaker drivers market.

The speaker drivers market consists of sales of speaker drivers by entities (organizations, sole traders and partnerships) that manufacture speaker drivers such as woofers and tweeters. A speaker driver is a device that converts an electrical audio signal to sound waves.

 

The speaker drivers market was supported by the increased demand for audio and video streaming services globally. This was mainly due to rapid growth in internet penetration and rising popularity among people.

 

The global speaker drivers market is expected to grow from $20.9 billion in 2020 to $22.25 billion in 2021 at a compound annual growth rate (CAGR) of 6.5%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $29.29 billion in 2025 at a CAGR of 7.1%.

 

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Some speaker drivers market trends include the rising popularity of wireless audio equipment. Due to technological advancements, speaker drivers are now enabled with Bluetooth or Wi-Fi, thus can play audio without any wires connected to it. Consumers’ consumption behavior is also changing and a majority of the consumers are shifting towards wireless audio equipment due to its convenience. Key players in the market such as Samsung, LG, Sony, Bose, Denon, DTS, and Qualcomm are introducing different types of wireless speaker drivers in the market.


Global speaker drivers market segments include:

1) By Device Type: Headphones/Earphones, Hearing Aids, Smart Speakers, Mobile Phones/Tablets, Loudspeakers.

2) By Driver Type: Dynamic Drivers, Balanced Armature Drivers, Planar Magnetic, Electrostatic, Others.

3) By Application: Consumer, Professional/Enterprise, Medical, Others.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

 


Read More On The Speaker Drivers Global Market Report 2021: COVID-19 Growth And Change At:

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The Speaker Drivers Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides speaker drivers market overviews, analyzes and forecasts market size, share, speaker drivers market players, speaker drivers market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The speaker drivers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Speaker Drivers Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Sony Corporation, Samsung Electronics, BOSE, JBL, Sennheiser Electronic GmbH & Co. KG, Knowles Electronics, Goertek, Beyerdynamic Gmbh & Co. Kg, Fostex International, Merry Electronics Co. Ltd., Concraft Holding Co. Ltd, Eastech, Voz Electronic Co. Ltd, Fortune Grand Technology Inc., Tymphany, Premium Sound Solutions, Ole Wolff, Aac Technologies, 1more, Sonion, Bellsing, Molex, Klipsch, KEF, Definitive Technology i, Bowers & Wilkins, Dynaaudio, QSC, Focal, Quested.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing:
Data and analysis throughout the report are sourced using end notes.


Strategies For Participants In The Speaker Drivers Industry:
The report explains a number of strategies for companies in the market, based on industry trends and company analysis.


Opportunities For Companies In The Speaker Drivers Sector:
The report reveals where the global industry will put on most $ sales up to 2023.


Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

 

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