China Bluetooth speaker market is
expected to grow at an impressive CAGR of over 16% during 2020-2025. China Bluetooth
speaker market is driven by increasing smartphone sales and technology
innovations. Moreover, rising disposable income in China is positively
impacting the growth of market during the forecast period. Also, availability
of Bluetooth speakers online is further expected to bolster the sales over the
next few years.
China Bluetooth speaker market is
segmented based on type, price range, distribution
channel and region. Based on type, the market can be categorized into portable
Bluetooth speaker and fixed Bluetooth speaker, out of which, the portable
Bluetooth speaker segment dominated the market until 2019 and is expected to
maintain its leading position in the market during the forecast period as well.
This can be ascribed to portability of devices coupled with their novel designs
and advancements in audio technology. Increasing portability is enabling the
consumers to take their speakers wherever they want, which will be positively
influencing the growth of segment over the coming years.
Major players operating in Bluetooth
speaker market include Xiaomi Corporation, Huawei Technologies Co., Ltd., Philips
(China) Investment Co., Ltd., Sony (China) Co., Ltd., Edifier Technology Co Ltd,
JBL (Harman (China) Investment Co., Ltd.), Bose Electronics Shanghai Co. Ltd., Beats
by Dr. Dre, Bang & Olufsen, and Sansui Electric Co. Ltd., among others. Major
companies are developing advanced technologies and launching new products in
order to stay competitive in the market. Other competitive strategies to expand
geographic reach and customer base include mergers & acquisitions and
partnerships.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the
Study:
- To analyze and estimate the market size of China
Bluetooth speaker market from 2015 to 2018.
- To estimate and forecast the market size of China
Bluetooth speaker market from 2019 to 2025.
- To classify and forecast China Bluetooth speaker
market based on type, price range, distribution channel, and regional
distribution.
- To identify dominant region or segment in the China
Bluetooth speaker market.
- To identify drivers and challenges for China Bluetooth
speaker market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in China
Bluetooth speaker market.
- To conduct pricing analysis for China Bluetooth
speaker market.
- To identify and analyze the profile of leading
players operating in China Bluetooth speaker market.
- To identify key sustainable strategies adopted
by market players in China Bluetooth speaker market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across China. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the companies,
distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of China Bluetooth speaker market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also
studied by TechSci Research.
Key Target Audience:
- Bluetooth speaker manufacturers,
suppliers, distributors and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to Bluetooth speaker
- Market research and
consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, China Bluetooth speaker
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market, By Type:
- Portable Bluetooth Speaker
- Fixed Bluetooth Speaker
- Market, By Distribution Channel:
- Store-based Retail
- Non-Store based Retail
- Market, By Region:
- North
- North East
- East
- North West
- South West
- South Central
- Market, By Price Range:
- Entry – Up to USD50
- Mid (USD51-99)
- High (USD100-199)
- Premium (USD200-499)
- Ultra-Premium (Above USD 500)
Competitive
Landscape
Company Profiles: Detailed analysis of the
major companies present in China Bluetooth speaker market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]