| Product Code: ETC035641 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Qatar radio and audio equipment market is expected to grow at a CAGR of 4.6% during the forecast period, 2025-2031. With increasing internet usage across households in the country due to rising number of smartphones and other media devices, people are increasingly looking for modernized forms of entertainment such as digital radio and streaming audio services like Spotify/Apple Music etc., which has been driving the growth of this industry over the years. Furthermore, technological advancements within hardware components used in these products have also enabled manufacturers to produce more efficient audio systems that offer better sound quality while consuming lesser power than traditional units. Additionally, with increased purchasing power among consumers in the region coupled with growing trend towards home automation (such as voice command) are further anticipated to help drive growth throughout the forecast period.
Increasing access to broadband connection combined with improved affordability is leading to higher adoption of digital radios along with online music streaming services like Apple Music or Spotify among consumers across various income levels in Qatar over recent years thereby driving market growth ahead. As per data from IMF World Economic Outlook Database 2025 edition published by International Monetary Fund (IMF), average annual household disposable incomes rose from USD 68000 per annum in 2010 to USD 98600 per year by 2018 indicating significant rise in purchasing capacity especially on premium priced consumer electronics goods such as high end speakers or wireless headphones predominantly used for gaming purposes or listening music respectively thus providing further impetus towards growth rate going forward throughout forecast timeline till 2031.
Despite availability of legal distribution networks operated by authorized dealers there exists wide presence unbranded counterfeit electronic items mainly imported from nearby Asian countries being sold through open markets or even online portals operating outside official frameworks thus obstructing revenues generated through legitimate retailers within country boundaries significantly impacting overall brand perception amongst customers thereby hampering potential revenue streams going forward. In order prevent unnecessary disturbance posed onto local neighborhoods during late night hours.
The Covid-19 pandemic has had a significant impact on the market as economic activity slows down due to restrictions imposed by governments across countries in order to contain the spread of the virus. This has led to reduced demand for audio equipment from consumers and businesses alike as people focus more on meeting basic necessities during this 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 Qatar Radio and Audio Equipment Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Radio and Audio Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Radio and Audio Equipment Market - Industry Life Cycle |
3.4 Qatar Radio and Audio Equipment Market - Porter's Five Forces |
3.5 Qatar Radio and Audio Equipment Market Revenues & Volume Share, By Radio Type, 2021 & 2031F |
3.6 Qatar Radio and Audio Equipment Market Revenues & Volume Share, By Audio Equipment Type, 2021 & 2031F |
3.7 Qatar Radio and Audio Equipment Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Qatar Radio and Audio Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Radio and Audio Equipment Market Trends |
6 Qatar Radio and Audio Equipment Market, By Types |
6.1 Qatar Radio and Audio Equipment Market, By Radio Type |
6.1.1 Overview and Analysis |
6.1.2 Qatar Radio and Audio Equipment Market Revenues & Volume, By Radio Type, 2021-2031F |
6.1.3 Qatar Radio and Audio Equipment Market Revenues & Volume, By Broadcast Radio, 2021-2031F |
6.1.4 Qatar Radio and Audio Equipment Market Revenues & Volume, By Online/Mobile Radio, 2021-2031F |
6.1.5 Qatar Radio and Audio Equipment Market Revenues & Volume, By Satellite Radio, 2021-2031F |
6.2 Qatar Radio and Audio Equipment Market, By Audio Equipment Type |
6.2.1 Overview and Analysis |
6.2.2 Qatar Radio and Audio Equipment Market Revenues & Volume, By Loudspeakers, 2021-2031F |
6.2.3 Qatar Radio and Audio Equipment Market Revenues & Volume, By Microphones, 2021-2031F |
6.2.4 Qatar Radio and Audio Equipment Market Revenues & Volume, By Amplifiers, 2021-2031F |
6.2.5 Qatar Radio and Audio Equipment Market Revenues & Volume, By Turntables, 2021-2031F |
6.2.6 Qatar Radio and Audio Equipment Market Revenues & Volume, By Others , 2021-2031F |
6.3 Qatar Radio and Audio Equipment Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Qatar Radio and Audio Equipment Market Revenues & Volume, By B2B, 2021-2031F |
6.3.3 Qatar Radio and Audio Equipment Market Revenues & Volume, By B2C, 2021-2031F |
7 Qatar Radio and Audio Equipment Market Import-Export Trade Statistics |
7.1 Qatar Radio and Audio Equipment Market Export to Major Countries |
7.2 Qatar Radio and Audio Equipment Market Imports from Major Countries |
8 Qatar Radio and Audio Equipment Market Key Performance Indicators |
9 Qatar Radio and Audio Equipment Market - Opportunity Assessment |
9.1 Qatar Radio and Audio Equipment Market Opportunity Assessment, By Radio Type, 2021 & 2031F |
9.2 Qatar Radio and Audio Equipment Market Opportunity Assessment, By Audio Equipment Type, 2021 & 2031F |
9.3 Qatar Radio and Audio Equipment Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Qatar Radio and Audio Equipment Market - Competitive Landscape |
10.1 Qatar Radio and Audio Equipment Market Revenue Share, By Companies, 2024 |
10.2 Qatar Radio and Audio Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |