Product Code: ETC12808206 | Publication Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India home audio equipment market import shipment experienced a notable decline with a CAGR of -12.0% from 2020 to 2024. The growth rate further plummeted by -56.7% between 2023 and 2024, indicating a significant contraction in market activity. The market showed a consistent downward trend, signaling a substantial slowdown in imports over the period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Home Audio Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Home Audio Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 India Home Audio Equipment Market - Industry Life Cycle |
3.4 India Home Audio Equipment Market - Porter's Five Forces |
3.5 India Home Audio Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Home Audio Equipment Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India Home Audio Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Home Audio Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in India, leading to higher spending on home audio equipment. |
4.2.2 Growing popularity of smart home devices and integration of audio systems within smart home ecosystems. |
4.2.3 Technological advancements such as wireless connectivity, voice control, and improved sound quality driving demand for upgraded audio equipment. |
4.3 Market Restraints |
4.3.1 Price sensitivity among Indian consumers limiting the adoption of premium home audio equipment. |
4.3.2 Competition from alternative audio sources such as smartphones, streaming services, and smart speakers impacting the demand for traditional home audio equipment. |
5 India Home Audio Equipment Market Trends |
6 India Home Audio Equipment Market, By Types |
6.1 India Home Audio Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Home Audio Equipment Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Home Audio Equipment Market Revenues & Volume, By Home Theater Systems, 2021 - 2031F |
6.1.4 India Home Audio Equipment Market Revenues & Volume, By Smart Speakers, 2021 - 2031F |
6.1.5 India Home Audio Equipment Market Revenues & Volume, By Soundbars, 2021 - 2031F |
6.1.6 India Home Audio Equipment Market Revenues & Volume, By Subwoofers, 2021 - 2031F |
6.2 India Home Audio Equipment Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Home Audio Equipment Market Revenues & Volume, By Dolby Atmos, 2021 - 2031F |
6.2.3 India Home Audio Equipment Market Revenues & Volume, By DTS:X, 2021 - 2031F |
6.2.4 India Home Audio Equipment Market Revenues & Volume, By Other Surround Sound Technologies, 2021 - 2031F |
6.3 India Home Audio Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Home Audio Equipment Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 India Home Audio Equipment Market Revenues & Volume, By Brick-and-Mortar Stores, 2021 - 2031F |
7 India Home Audio Equipment Market Import-Export Trade Statistics |
7.1 India Home Audio Equipment Market Export to Major Countries |
7.2 India Home Audio Equipment Market Imports from Major Countries |
8 India Home Audio Equipment Market Key Performance Indicators |
8.1 Average selling price (ASP) of home audio equipment in India. |
8.2 Number of households integrating smart home audio solutions. |
8.3 Percentage of consumers opting for wireless or Bluetooth-enabled audio devices. |
8.4 Growth in demand for high-definition audio formats (e.g., Dolby Atmos, DTS:X) in the Indian market. |
9 India Home Audio Equipment Market - Opportunity Assessment |
9.1 India Home Audio Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Home Audio Equipment Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India Home Audio Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Home Audio Equipment Market - Competitive Landscape |
10.1 India Home Audio Equipment Market Revenue Share, By Companies, 2024 |
10.2 India Home Audio Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |