The Global Mini Theatre Market is anticipated to rise at a substantial CAGR in the forthcoming period. With the advent in digitization techniques for entertainment and channelization, Hi-Fi systems enable a better entertainment experience for users in terms of picture quality, sound speakers and DVD players. Mini theatre can also be termed as home cinema which comprises home setup for entertainment that enable a movie watching experience similar to a theatre in a private home. Other names for mini theatre can be home theatre in a box, backyard theatre and home theatre PC.
From the commercial standpoint, the mini theatre market gains a significant traction due to sedentary lifestyles coupled with construction of home implying a separate compartment for digital entertainment. Driving factors responsible for the growth of Mini theatre industry includes rise in innovation and progress in wireless technology. Growth in automotive sector, rise in demand for home theatre and penetration of smart phones is likely to add to the growth of Mini theatre industry. Additional factors such as growth in disposable income, inclination towards smart devices and rising demand for entertainment are likely expected to propel the market growth.
Segmentation based on type, the mini theatre market includes Floor stander and Bookshelf. Based on segmentation by application, the industry includes Residential and concert. Based on segmentation by product, the mini theatre industry includes speakers & sound, Blu-ray players and DVD players. Segmentation based on technology, the market includes wired Hi-Fi systems and wireless Hi-Fi systems. End-user segmentation for mini theatre industry includes residential sector, commercial sector and automotive sector. Geographical
segmentation for Mini theatre market spans North America, South America, Europe, Asia-Pacific, Middle-East and Africa. North America is expected to witness a steady growth in the forthcoming period owing to presence of large number of manufacturers in this region. South America market is expected to gain a significant growth in APAC market is also expected to gain a significant CAGR growth owing to proliferation of portable devices in large. The key players in the hi-fi set industry include B&W, Tannoy, KEF, Celestion, ProAc, Rogers, LG, Sony, Panasonic, Yamaha, Bose, Samsung and Harman.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Mini Theatre in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Mini Theatre market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Bowers & Wilkins
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Home Use
• Commerical Use
Research Support Specialist, USA