South America Sub-Woofer Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Car Audio, Home Audio, Cinema Sound, Sound Reinforcement, and Others) and End-user (Residential and Commercial)
The sub-woofer market in SAM is expected to grow from US$ 47.75 million in 2021 to US$ 75.09 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2021 to 2028.
The region has witnessed steady growth in the post-recession era, reflecting the rise in disposable income. In western countries, where consumers have high disposable incomes, the preference for advanced features and technologies integrated into vehicles drives the sale volume of cars. As per the Center for Automotive Research (CAR), automakers announced substantial investment projects of US$ 4.8 billion in these regions in 2018. GM, Hyundai, FCA, Ford, Nissan, Toyota, and Volkswagen have invested in this marketCar manufacturers are focusing on integrating sophisticated in-vehicle infotainment systems to provide differentiated services to their customers, which eventually is supporting the market growth. Moreover, the development of artificial intelligence (AI) technologies coupled with smartphone connectivity in the automotive sub-woofer is expected to drive the market in the forecast period. Further, the sales of these cars are expected to increase in coming years due to the rising uptake of private vehicles to avoid social contact in public transport to avoid exposure to SARS-CoV-2. Thus, the surge in the adoption of in-vehicle infotainment systems in cars is bolstering the demand for the sub-woofer market.
Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing and service sectors for at least the next quarter and is expected to rebound once the pandemic is contained. Several countries in SAM have been severely affected by the COVID-19 outbreak. Brazil has had the worst hit in the region, with the number of positive cases continuing to surge on a daily basis. The outbreak of COVID-19 has weakened the manufacturing volume and trade in Brazil and other countries in SAM, which has a negative impact on the sub-woofer market offerings. Hence, the overall impact of COVID-19 on SAM region is moderate.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the multimodal image fusion software market. The SAM sub-woofer market is expected to grow at a good CAGR during the forecast period.
SAM Sub-Woofer Market Revenue and Forecast to 2028 (US$ Million)
SAM Sub-Woofer Market Segmentation
SAM Sub-Woofer Market – By Application
- Car Audio
- Home Audio
- Cinema Sound
- Sound Reinforcement
- Others
SAM Sub-Woofer Market – By End-User
- Residential
- Commercial
SAM Sub-Woofer Market- By Country
- Brazil
- Argentina
- Rest of SAM
SAM Sub-Woofer Market-Companies Mentioned
- Dynaudio A/S
- Harman International
- JVC Kenwood Holdings Inc.
- K-Array
- Klipsch Group Inc.
- Paradigm Electronics Inc.
- Sony Corporation
- SV Sound
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Sub-Woofer Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Sub-Woofer Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Surge in Demand in Automotive Industry
5.1.2 Increasing Popularity in Residential Home Applications and Cinemas and Theatres
5.2 Market Restraints
5.2.1 Availability of Low-quality Sub-woofers
5.3 Market Opportunities
5.3.1 Rise in Demand for Wireless Audio Devices and Smart Connectivity
5.4 Future trends
5.4.1 Increasing Uptake of Home and Professional Sound Systems
5.5 Impact Analysis of Drivers and Restraints
6. Sub-Woofer Market – SAM Analysis
6.1 SAM Sub-Woofer Market Overview
6.2 SAM Sub-Woofer Market Revenue and Forecast to 2028 (US$ Million)
7. SAM Sub-Woofer Market Analysis – By Application
7.1 Overview
7.2 SAM Sub-woofer Market, By Application (2020 and 2028)
7.3 Car Audio
7.3.1 Overview
7.3.2 Car Audio: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Home Audio
7.4.1 Overview
7.4.2 Home Audio: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Cinema Sound
7.5.1 Overview
7.5.2 Cinema Sound: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Sound Reinforcement
7.6.1 Overview
7.6.2 Sound Reinforcement: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Sub-woofer Market – By End-User
8.1 Overview
8.2 SAM Sub-woofer Market, By End-User (2020 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Sub-woofer Market – Country Analysis
9.1 Overview
9.1.1 SAM: Sub-woofer Market, by Key Country
9.1.2 Brazil: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1 Brazil: Sub-woofer Market, by Application
9.1.2.2 Brazil: Sub-woofer Market, by End-User
9.1.3 Argentina: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
9.1.3.1 Argentina: Sub-woofer Market, by Application
9.1.3.2 Argentina: Sub-woofer Market, by End-User
9.1.4 Rest of SAM: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
9.1.4.1 Rest of SAM: Sub-woofer Market, by Application
9.1.4.2 Rest of SAM: Sub-woofer Market, by End-User
10. SAM Sub-woofer Market - COVID-19 Impact Analysis
10.1 Overview
11. SAM Subwoofer Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product launch
12. Company Profiles
12.1 Dynaudio A/S
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 K-Array
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Harman International
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Sony Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 SV Sound
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Paradigm Electronics Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Klipsch Group Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 JVC Kenwood Holdings Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. SAM Sub-woofer market – Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM: Sub-woofer Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of SAM: Sub-woofer Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM: Sub-woofer Market, by End-User – Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Sub-Woofer Market Segmentation
Figure 2. SAM Sub-woofer market Segmentation – By Country
Figure 3. SAM Sub-Woofer Market Overview
Figure 4. Others Segment held the largest share in 2020
Figure 5. Brazil held the largest share in 2020
Figure 6. SAM: PEST Analysis
Figure 7. Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Impact Analysis of Drivers and Restraints
Figure 10. SAM Sub-woofer market Revenue and Forecast to 2028 (US$ Million)
Figure 11. SAM Sub-woofer Market Revenue Share, by Application (2020 and 2028)
Figure 12. SAM Car Audio: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. SAM Home Audio: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM Cinema Sound: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Sound Reinforcement: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM Others: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM Sub-woofer Market Revenue Share, By End-User (2020 and 2028)
Figure 18. SAM Residential: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. SAM Commercial: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM: Sub-woofer Market Revenue Share, by Key Country (2020 & 2028)
Figure 21. SAM: Sub-woofer Market Revenue Share, by Key Country (2020 & 2028)
Figure 22. Brazil: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Argentina: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of SAM: Sub-woofer Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic in South America Country Markets
- Dynaudio A/S
- Harman International
- JVC Kenwood Holdings Inc.
- K-Array
- Klipsch Group Inc.
- Paradigm Electronics Inc.
- Sony Corporation
- SV Sound
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM sub-woofer market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM sub-woofer market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the sub-woofer market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution