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Proliferating Need for High-end Entertainment Systems to Accelerate Sales of Home Theater Systems

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Published on : Apr 03, 2017

Albany, New York, April 03, 2017: ResearchMoz.us has announced the addition of a new market intelligence report to its repository. The report is titled, “Global Home Theater System Sales Market Report 2017.” The study examines the growth of the market followed over the last few years and the prospects of growth in the near future, mainly in terms of sales. The research report details out the causes accountable for the variations in the market and analyses them thoroughly. The impact of certain trends has also been discussed in the report. It further provides data on the market shares, strategies, and products of leading companies.

Home theatre system is a theatre structure which is built inside a house and is designed to mimic the feeling and performance of a commercial theatre. Home theatres may be of different types with different kinds of audio and video systems. In another way, a home theatre can also be referred to a set of sound or audio systems that are connected with video and audio systems such as TV, DVD or Blu-ray player, and other sound systems. The global market for home theatre systems is expected to exhibit steady growth over the coming years. The growth of this market can be attributed to mounting number of smart homes worldwide and the need for high-end entertainment systems installed in them.

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It has also been anticipated that the wireless streaming of audio content will magnify the demand for home theatre systems in the near future. The sales of home theatre systems are also projected to accelerate owing to the demand for audio systems well equipped with Wi-Fi connectivity and Bluetooth. The ability of home theatre systems to connect with portable device such as laptops, tablets, and smartphones is expected to further accelerate its sales. Home theaters play a crucial role in the functioning of smart homes as they are known for replacing the conventional type of audio systems in gaming consoles and smart TVs. in addition, the augmented spending capacity of consumers in emerging economies across the globe is further expected to be a prominent factor that will foster growth in the global home theatre system market during the forecast period.

On the basis of geography, the global home theatre system market has been segmented into the U.S., China, Europe, Japan, Korea, and Taiwan. The rising preference of consumers towards advanced systems with better audio and visual effects is expected to drive the sales of home theatre systems in the U.S. over the coming years. Some of the companies covered in the report are LG, Samsung, Pioneer, HiVi, Sony, JBL, Philips, and Yamaha.

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