Middle East and Africa Sub-Woofer Market

Market Introduction

The Middle East & Africa sub-woofer market is divided into South Africa, the UAE, and the Rest of Middle East & Africa. According to Youth Policy Labs, more than 28% of the Middle East's population is between 15 and 29. Over 108 million young people are represented. In Egypt, Iraq, Lebanon, Libya, Morocco, Oman, Sudan, Syria, Tunisia, Yemen, Jordan, Algeria, and Saudi Arabia, young people aged 15 to 24 account for roughly 20% of the population. Young people are the fastest-growing contributors of the Arab population; 60% of the population is under 25 years old, making this one of the world's most young regions, with a median age of 22 years compared to a global average of 28. This rise in youth population across the region is significantly contributing to the demand for different types of speakers like smart speakers and home theaters, thereby contributing to the market's growth. Increasing uptake of home and professional sound systems connectivity is the major factor driving the growth of the MEA sub-woofer market.  

Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait are the main countries facing the economic effects of COVID-19 in the Middle East and Africa (MEA). Moreover, the recent nationwide lockdown across South Africa, Saudi Arabia an UAE also have also negatively impacted the development of sub-woofer, and thus the region is expected to witness a slight decline in the market growth its various countries during the coming few months. On the contrary, the outbreak has compelled a large number of people to stay indoors, and it has also been a key force driving the adoption of home theatres. As, the COVID-19 pandemic has propelled the trend of bringing entertainment at home in the Middle East and Africa, which further boosted the demand for home theatre systems and audio system, thereby fuelling the sub-woofer market growth. Hence, the overall impact of COVID-19 on MEA region is moderate.

Market Overview and Dynamics

The sub-woofer market in MEA is expected to grow from US$ 7.43 million in 2021 to US$ 9.29 million by 2028; it is estimated to grow at a CAGR of 3.2% from 2021 to 2028. Sub-woofers are essential because most audio or home theatre system speakers cannot reproduce all audio source frequencies. So, continuous technological innovations in home audio systems and increasing demand for high-performance home theaters are propelling the adoption of sub-woofers in these systems. Moreover, the rising application of wireless or Bluetooth speakers and home audio systems and their online connectivity via the internet for music and video content is propelling the demand for Wi-Fi and Bluetooth speakers, positively impacting the sub-woofer market. The increase in product development by market players in the home application segment is also propelling the market. For instance, in 2021, Sonos announced the imminent launch of a mini sub-woofer to boost home cinema. It is impossible to imagine a modern cinema without thunderous deep sound. Modern cinema and cinema technologies, such as Dolby Atoms, Roman Theater, and others, have been supportive of the uptake of sub-woofers. The upswing in demand for high-performance, rigid and reliable cinema sub-woofers is aiding the market.

Key Market Segments

The MEA sub-woofer market is segmented into type, application and country. In terms of application, the sub-woofer market is categorized into car audio, home audio, cinema sound, sound reinforcement, and others. The others segment dominated the market in 2020 and cinema sound segment is expected to be the fastest growing during the forecast period. Based on end-user, the sub-woofer market is categorized into residential and commercial. The commercial segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period.  

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on sub-woofer market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Dynaudio A/S, Harman International, JVC Kenwood Holdings Inc., K-Array, Klipsch Group Inc., LW Speakers Professional Sound Systems, Paradigm Electronics Inc., Sony Corporation, and SV Sound are among others.

Reasons to buy report

• To understand the MEA sub-woofer market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA sub-woofer market
• Efficiently plan M&A and partnership deals in MEA sub-woofer market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA sub-woofer market
• Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA Sub-Woofer Market Segmentation

MEA Sub-Woofer Market –By Application

• Car Audio
• Home Audio
• Cinema Sound
• Sound Reinforcement
• Others 

MEA Sub-Woofer Market –By End-User

• Residential
• Commercial

MEA Sub-Woofer Market -By Country

• South Africa
• UAE
• Rest of MEA

MEA Sub-Woofer Market -Company Profiles

• Dynaudio A/S
• Harman International
• JVC Kenwood Holdings Inc.
• K-Array
• Klipsch Group Inc.
• LW Speakers Professional Sound Systems
• Paradigm Electronics Inc.
• Sony Corporation
• SV Sound

Middle East and Africa Sub-Woofer Market Strategic Insights

Middle East and Africa Sub-Woofer Market Segmentation Analysis

Middle East and Africa Sub-Woofer Market Report Highlights

Middle East and Africa Sub-Woofer Report Scope

Middle East and Africa Sub-Woofer Market Country and Regional Insights