World Home Audio Equipment Market

World Home Audio Equipment Market

This report analyzes the worldwide markets for Home Audio Equipment in Thousands of Units and Millions of US$. The major product segments analyzed are Home Audio Systems, Home Audio Separate Components, Home Theater in a Box, and Home Radios. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual forecasts are provided for each region for the period of 2001 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 151 companies including players worldwide such as Akai, Dolby Laboratories, DTS, Inc., Kenwood Corporation, Koninklijke ("Royal") Philips Electronics NV, LG Electronics, Matsushita Electric Industrial Co., Ltd., Nakamichi Corporation, Onkyo Corporation, Pioneer Corporation, Sanyo Electric Co., Ltd., Sharp Corp., Sony Corporation, and Tweeter Home Entertainment Group Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

TENTS

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
1. Home Audio Systems I-3
2. Home Audio Separate Components I-4
3. Home Theater in a Box (HtiB) I-4
4. Home Radios I-4

II. EXECUTIVE SUMMARY

1. Industry Overview II-1
A Quick Market Primer II-1
Factors Influencing the Market II-2
Trends and Issues II-2
Component Speakers Adapting to Challenging Market Scenario II-2
Networked Home Audio Equipments Post Sturdy Gains II-3
Table 1: World Networked Home Audio Systems Market
(2005-2010): Retail Sales in US$ Million (includes
corresponding Graph/Chart) II-3
Audio Components Offer Bright Prospects II-4
Demand for High Quality Audio Systems on the Rise II-4
Innovation in Full Steam in the HTiB Market II-4
Loudspeakers Rise in Popularity II-5
Digital Radios Register Strong Growth II-6
DVD Players & DVD Recorders Win Attractive Gains II-6
HD Audio Systems Enhance Internet Content II-6
AV Installers - Gearing Up II-7
Recordable DVD camcorders- The ‘In-thing’ II-7
Audio Component Market Adapting to New Era II-7
Home Audio Manufacturers Going with iPod II-7
Innovative Technologies Dictate the Market Dominance II-8
Product Differentiation is the Success Story in this
Extremely Competitive Market II-8
Home Theatre Systems to go Wireless II-8
Problem Facing Wireless Components II-8
Development of Custom-Designed CDs Boosts Industry Growth II-9
Replacement of Old Products with New Ones Fuel Sales Growth II-9
Satellite Boomboxes Hit the Market II-9
Optical Amplifiers Post Substantial Growth II-9
Consumer Behavior II-10
Buyer Behavior towards Audio Systems II-10
Types of Home-Theater Consumers II-10
First-Time Buyers II-10
Do-it-Yourselfers II-10
Old Component Owners II-10

2. Product Overview II-11
Product Segments II-11
Audio Systems II-11
Compact Audio Systems II-11
MP3 II-11
Compact Systems with Home Theater Surround Sound II-11
Eye Appeal Drives Microsystems II-11
Rack Systems II-12
Cassette Deck II-12
Principle of Operation II-12
Bias II-12
Equalization II-12
Motor II-12
Tape Head II-12
Wow and Flutter II-13
Dolby Noise Reduction II-13
Types of Dolby Noise Reduction II-13
Dolby A II-13
Dolby B and C II-13
Dolby S II-13
HX Pro II-14
Additional Features of Deck II-14
Full Logic II-14
Automatic Reverse II-14
Dual Cassette Decks II-14
High-Speed Dubbing II-14
Record Mute II-14
Blank Skip II-15
Separate Components II-15
Traditional Separate Components to Keep Pace with Digital Era II-15
Upgrades to Check Obsolescence II-15
Frequency Response Range of Audio Products II-16
SACD Players II-16
CD Player II-16
CD-Recorders and ‘Mega’ Changers Lead the Way II-16
Technological Journey of CD Players II-16
Awave ACDR II-17
Video DVD Players II-17
Audio & Video DVD players II-17
Audio DVD Players II-17
CD Audio players II-18
Mini Disc Players II-18
Home Speakers II-18
Development of Home Friendly Speakers II-18
Subwoofers II-19
Speaker Designs II-19
Receivers II-19
Stereo Receivers II-20
Amplifiers II-20
Surround Processor II-20
Set-Top Boxes II-20
Microphones II-21
Home Theatre II-21
Audio/Video Receiver Acts as Control Center II-22
Multiple Speakers Impart Rich, Room-Filling Sound II-22
Conversion of Old Entertainment Components into a Home-Theater II-23
Room Type and Size is not a Limiting Factor for Home Theater
Sound II-23
The Need for Home-Theater-in-a-Box (HTiB) II-23
Home-Theater-in-a-Box (HTiB) Systems II-23
Home Radio II-23
Discovery of Radio II-23
Internet Radios II-24
Customer Base II-24
Product Trends in the Recent Times II-24
SDAR Licenses II-24
Ad-Supported and Commercial-Free Channels II-24
Potential Customers II-24
Satellite Radio Services II-25
Auto Giants Invest in Satellite Radio Companies II-25
Satellite Radio Services for Home Users II-25
In-Band On-Channel (IBOC) Standard II-25
IBOC Features II-26

3. Distribution II-27
Specialty Stores II-27
Department Stores, Discount Stores or Catalog Showrooms II-27
Manufacturers to Gain Direct Access to Consumers through
Internet Distribution II-27
Traditional Retailer Services Continue to Play Crucial Role II-27

4. Competition II-28
Table 2: World Market for Audio Products (2003-2005) - Market
Shares of Leading Manufacturers - Sony, Matsushita, Philips
and Others (includes corresponding Graph/Chart) II-28

Table 3: Global Market for Audio/Visual Products (Historic
Data for 2000) -Market Shares of Leading Players - Sony,
Matsushita, Philips and Others by Geographic Region (includes
corresponding Graph/Chart) II-28
Competitive Factors II-28

5. Technological Developments/Breakthroughs II-29
Advanced Formats: A Ray of Hope for True Audio Reproduction II-29
Manufacturers Adopt Innovative Technologies to Improve Audio
Performance II-29
Innovative Technologies Adopted by Audio Companies II-29
Analog Devices Unveils Third Generation SHARC® Processors II-29
IEEE 1394 Invades Consumer Electronics Market II-30
Texas Instruments Offers New Technology II-30
Lossless Compression of Digital Audio II-31
Factors to consider while judging a Lossy Compression II-31
Salient Characteristics of Lossy Compression II-31
Meridian Lossless Packing (MLP) II-31
CD-Runner: An Integration of CD/Multimedia Player and Database
Organizer II-32
CD-Runner 2000 II-32
CMOS to Replace CCDs II-32
Soundboard: The Audio Mixer II-33
Audio Mixer II-33
Editing Software II-33
Soundboard II-33
Micronas Develops Audio Box II™ II-33

6. Product Innovations/Introductions II-34
DTS Offers DTS-HD Master Audio and DTS Connect™ II-34
Sony Launches DAV-IS10 Micro Home Theater System II-34
Pioneer Corporation Debuts BDP-LX70 Blu-ray Disc® Player in Japan II-34
DTS® Launches New Version of DTS-HD Master Audio Suite™ II-34
Sharp Unveils BD 1-Bit Theater AQUOS Audio System II-34
IntelliTouch Unveils Digital Wireless Audio Speaker System for
iPod II-35
Epson Introduces Dreamio EMP-TW1000 Home Theatre Projector II-35
Yamaha Unveils New All-In-One Home Theatre Systems II-35
Onkyo Announces Launch of New Home Theatre Systems II-35
JVC Rolls Out first Network Media System II-36
Sony Unveils Mobile Radio Tuner And Table Radio With HD-Radio
Technology II-36
LG Introduces HD Disc Player with Dual Format Compatibility II-36
Pioneer Rolls Out Fresh Range of Home Theatres II-36
Sony Introduces New Range of Whole-Home Entertainment Systems II-36
HAI Rolls Out New Whole Home Audio System II-37
DTS Rolls Out Surround Audio Suite And Master Audio Suite II-37
Kenwood Unveils UD-A55, UD-A77 Hi-fi Systems and RD-UDA55 CD
Receiver II-37
Kenwood Launches M1GC7 and M2GC7 Digital Memory Audio Players II-37
Kenwood Introduces HD30GB9 as the Frontrunner in Media Keg Range II-37
Panasonic Launches High Definition Blu-ray Disc™ Home Theater
Products II-38
Kenwood Unveils Desktop Hi-Fi Audio System II-38
Planar Systems Launches Three High-End 1080p Full-HD LCD Flat
-Panel Displays II-38
Samsung India Introduces New Flash-Based Digital Audio Players II-39
Panasonic Launches Micro Stereo Systems and Audio Players II-39
Samsung Launches New Home Theatre-In-A-Box Systems II-39
Samsung Launches New Digital Media Products II-39
LG Announces Launch of New Home Audio and Video Equipments II-40
Panasonic Re Launches Home Theatre System with Additional Ports II-40
Sony Ericsson Unveils New Home Audio System MDS-70 II-40
CEVA Introduces Innovative Audio Platform Solution II-40
Belden Introduces Audio Speaker Cables II-40
Boston Acoustics, Dolby, Visteon Unveils Wireless Dolby
Headphones For Automobiles II-41
Dolby Introduces Dolby® Digital 5.1 Creator for Camcorders II-41
Dolby, Mitsubishi Unleash HDTV with Digital Recording and DVR
Functionality II-41
LG Electronics Launches Digital Audio/Video Home Entertainment
Products II-41
Pioneer Electronics Stages the Launch of Digital Audio/Video
Receivers II-41
Doss Unleashes HTiB System II-41
VoodooPC Unveils Home Theater and Gaming PC II-41
SigmaTel, Audible Develops AudibleReady Software Development Kit II-42
SigmaTel Integrates Portable Digital Audio Technology Onto
Memorex II-42
Pioneer Corporation Launches VHS/DVD Combi Recorder II-42
Pioneer Electronics Unleashes Professional DVD Recorder II-42
Optoma Stages the Release of Digital Home Theater Projector II-42
Dolby, 5.1 Entertainment/Silverline Records Develops New
DualDisc™ format II-42
Pioneer Develops High-Precision Electron Beam Recorder II-42
Digital Theater Systems Launches DTS-HD Brand of Media Formats II-43
Sharp Launches Two Digital HDTV Recorders in Japan II-43
Sony Introduces AIWA ‘USB Audio’ Brand of Products II-43
Audiovox Launches Advent, Jensen Brands of Home Audio Products II-43
SIRIUS, Tivoli Audio Unveils World’s First Tabletop Satellite
Radio II-43
Sonance Rolls Out First In-Wall iPod™ Interface for Audio Systems II-43
Motorola to Launch Home Audio System Via Bluetooth Technology II-43
Rio Japan Launches Digital Audio Player II-44
Waves Licenses Technology For Home Audio Systems II-44
Harman Kardon Unveils Five New Receivers II-44
Rotel Launches DVD-Audio Player at CES 2004 II-44
Motorola Integrates Voice-Recognition System in Digital Set-
Top Box II-44
Pioneer Launches DVD/VCR Combo Recorder II-45
Panasonic Adds DVD-Audio Playback in HtiB, DVD players II-45
Gloo, the New Java Powered Home Audio Device II-45
Sanyo Develops DSP IC For Midrange Home Audio Applications II-45
Altec Lansing Unveils Powered Audio System II-45
SpeakerCraft Unveils Multizone/Multisource Receivers at CEDIA
Expo II-45
McIntosh Introduces Multichannel Audio Control Center II-45
Meridian Launches G Series Audio Products II-46
NAD Rolls Out Tuner/Preamp Processor and Amplifier II-46
Jamo Launches its First DVD-Receiver II-46
Creative Technology Launches First PC Product Featuring DTS-ES
Capability II-46
Pioneer Unveils High-Performance AV Multi-Channel Amplifier II-46
Sony Launches New DVD Dream System Home Theatre II-47
Sony Launches ES Series Home Theatre Receivers II-47
Sharp Launches Two New DVD Home Theater Systems in Japan II-47
Onkyo Launches Home Theatre System II-48
Denon and Dolby Launches Audio Product with Dolby Virtual Speaker II-48
Dolby Debuts Home Theater Product with Virtual Speaker and
Headphone in Japan II-48
Dolby Unveils Program Adds Dolby Digital to PC Games II-48
Royal Philips Electronics Introduces New Recorder Reference
Design II-49
Philips Launches HTiBs With SACD/DVD-Video Players II-49
Marantz Unveils Four New Receivers II-49
Dynaudio Introduces Confidence Models II-49
IBM® NetVista®’s A and M Series of Desktop Computer Systems
Feature SoundMAX® II-49
Cambridge SoundWorks Unveils MegaTheater™ Line II-49
SRS Labs and Onida Jointly Introduce 29KY Theater System II-50
Samsung Electronics America Inc. and Klipsch Audio
Technologies Collectively Launch DVD HTIB II-50
Pioneer Introduces New Home Theater Packages II-50
Lydstrom Unveils Songbank CL CD Memory System II-50
Moxi Digital Rolls Out Moxi Media Center II-50
Pioneer Unveils Digital Library II-51
Creative Labs Launches Universal Serial Bus Audio Box ‘Sound
Blaster Extigy’ II-51
Texas Instruments Demonstrates IEEE 1394b Networking Products
at CES 2002 II-51
LSI Logic Launches DVD Recording Processor with Multiple
Compatibility II-51

7. Recent Industry Activity II-52
LG Expands Operations into MP3 Player & Car Audio II-52
SiConnect Inks a MoU with ST&T Corp II-52
Victor Forms Joint Venture with Kenwood II-52
Sonos Partners with Pandora to Develop Home Audio Systems II-52
Planar Systems, Inc. Acquires Runco II-53
DLB Acquires BrightSide Technologies II-53
Lyngdorf Audio ApS Announces Acquisition of Kuusama Design Oy II-53
Kohlberg and GS Capital Acquire Harman International II-53
Royal Philips Acquires Digital Lifestyle Outfitters II-53
Harvey Electronics Acquires MyerEmco Audio Video II-54
Acer Aspire to Feature Dolby’s Audio Technologies Suite II-54
Emersion Radio Acquires Capetronic Group II-54
Duchossois Industries Acquires Matrix Audio Designs II-54
Directed Electronics Acquires Polk Audio II-54
Logitech Acquires Slim Devices II-55
Uniden Acquires Joden Electron II-55
Klegg Announces Acquisition of Smart Speaker Technologies II-55
LCR Acquires General Sound Texas Co. II-55
MIPS and Dolby to Deliver New Audio Technology II-55
Silicon Image And Sunplus Enter into Production Alliance II-56
Panamax Acquires Furman II-56
Panasonic Enters into an Agreement with Square Enix II-56
Digital Theater Systems, Inc Changes Corporate Identity II-56
Maxxsonics Acquires MB Quart II-57
D&M Acquires Boston Acoustics II-57
Johnson to Acquire Parlex Corporation II-57
Hills Acquires Audio Telex II-57
Cisco to Acquire Scientific-Atlanta II-57
Klipsch Acquires Jamo II-57
Duchossois Acquires AMX II-58
Nortek’s Subsidiary Acquire Niles II-58
Plantronics Acquires Altec II-58
Cisco to Acquire KiSS II-58
Yamaha in Alliance with NEXO II-58
Digital Theater Systems Inc Takes Over Lowry Digital Images II-58
Marantz Partners Sharda Motor Industries II-59
Home Technologies Inc Signs Joint Venture Agreement with
PremiStar II-59
Rockford to Sell Home Audio Business II-59
Avid Technology Acquires M-Audio II-59
Directed Electronics Consolidates Definitive Technology LLP II-59
Eight Companies Coalesce to Form Any Music Inc II-59
BridgeCo Extends Global Operations II-59
Philips and Yahoo Partner to Move Internet Content Beyond the PC II-60
D&M Holdings Inc Acquires Subsidiaries of Escient®
Technologies, LLC II-60
Rockford Corp Acquires Loudspeaker Designer NHT II-60
Aiwa Launches USB Audio System II-60
Korean Electronics Giants to Focus on Home Theatre Market II-60
Pioneer Forms Two New Divisional Company Units II-60
Dolby Collaborates with Texas Instruments for 1394 Hardware II-61
Rockford Merges Sales of Three Home Audio Brands II-61
Loud Technologies Divests Italian Operations II-61
Gibson Forays into Consumer Electronics II-61
Aspire Digital Custom Configures Home Audio Products II-61
Toshiba Expands DVD Recorder Production Capacity II-61
Sony Acquires Aiwa Co. Ltd II-62
Marantz and DENON Merge to Form D&M Holdings II-62
Visteon and iBiquity Form Strategic Alliance II-62
Digidesign Approves Mobility Electronics’ PCI Expansion System II-62

8. Focus on Select Players II-63
Akai (Japan) II-63
Dolby Laboratories, Inc. (US) II-63
DTS, Inc (US) II-63
Kenwood Corporation (Japan) II-64
Koninklijke ("Royal") Philips Electronics NV (Netherlands) II-64
LG Electronics (South Korea) II-65
Matsushita Electric Industrial Co Ltd (Japan) II-65
Nakamichi Corporation (Japan) II-65
Onkyo Corporation (Japan) II-66
Pioneer Corporation (Japan) II-66
Sanyo Electric Co Ltd (Japan) II-66
Sharp Corp. (Japan) II-66
Sony Corporation (Japan) II-67
Tweeter Home Entertainment Group Inc. (US) II-68

9. Global Market Perspective II-69
Analytics by Volume II-69
Table 4: World Recent Past, Current & Future Market Analysis
for Home Audio Equipment by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East &
Africa, and Latin America Markets Independently Analyzed with
Annual Sales Figures in Thousand Units for Years 2001 through
2010 (includes corresponding Graph/Chart) II-69

Table 5: World Long-term Projections for Home Audio Equipment
by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Africa and Latin America
Markets Independently Analyzed by Annual Sales for the Years
2011 through 2015 in Thousand Units (includes corresponding
Graph/Chart) II-70

Table 6: World Historic Review for Home Audio Equipment by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East & Africa, and Latin America
Markets Independently Analyzed with Annual Sales Figuresin
Thousand Units for Years 1995 through 2000 (includes
corresponding Graph/Chart) II-71

Table 7: World 15-Year Perspective for Home Audio Equipment by
Geographic Region - Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East & Africa, and Latin America Markets for Years
1995, 2007 & 2010 (includes corresponding Graph/Chart) II-72
Analytics by Value II-73
Table 8: World Recent Past, Current & Future Market Analysis
for Home Audio Equipment by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East &
Africa, and Latin America Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart) II-73

Table 9: World Long-term Projections for Home Audio Equipment
by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Africa and Latin America
Markets Independently Analyzed by Annual Sales for the Years
2011 through 2015 in US$ Million (includes corresponding
Graph/Chart) II-74

Table 10: World Historic Review for Home Audio Equipment by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East & Africa, and Latin America
Markets Independently Analyzed with Annual Sales Figuresin US$
Million for Years 1995 through 2000 (includes corresponding
Graph/Chart) II-75

Table 11: World 15-Year Perspective for Home Audio Equipment
by Geographic Region - Percentage Breakdown of Dollar Sales
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East & Africa, and Latin America Markets for Years
1995, 2007 & 2010 (includes corresponding Graph/Chart) II-76
Analytics by Product Segment II-77
Table 12: World Recent Past, Current & Future Market Analysis
for Home Audio Systems by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East&
Africa, and Latin America Markets Independently Analyzed with
Annual Sales Figures in Thousand Units for Years 2001 through
2010 (includes corresponding Graph/Chart) II-77

Table 13: World Long-term Projections for Home Audio Systems
by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Africa and Latin America
Markets Independently Analyzed by Annual Sales for the Years
2011 through 2015 in Thousand Units (includes corresponding
Graph/Chart) II-78

Table 14: World Historic Review for Home Audio Systems by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East & Africa, and Latin America
Markets Independently Analyzed with Annual Sales Figuresin
Thousand Units for Years 1995 through 2000 (includes
corresponding Graph/Chart) II-79

Table 15: World 15-Year Perspective for Home Audio Systems by
Geographic Region - Percentage Breakdown of VolumeSales for
US, Canada, Japan, Europe, Asia-Pacific(excluding Japan),
Middle East & Africa, and Latin America Markets for Years
1995, 2007 & 2010 (includes corresponding Graph/Chart) II-80

Table 16: World Recent Past, Current & Future Market Analysis
for Home Audio Systems by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East &
Africa, and Latin America Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart) II-81

Table 17: World Long-term Projections for Home Audio Systems
by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Africa and Latin America
Markets Independently Analyzed by Annual Sales for the Years
2011 through 2015 in US$ Million (includes corresponding
Graph/Chart) II-82

Table 18: World Historic Review for Home Audio Systems by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East & Africa, and Latin America
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1995 through 2000 (includes
corresponding Graph/Chart) II-83

Table 19: World 15-Year Perspective for Home Audio Systems by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East & Africa, and Latin America Markets for Years
1995, 2007 & 2010 (includes corresponding Graph/Chart) II-84

Table 20: World Recent Past, Current & Future Market Analysis
for Home Audio Separate Components by Geographic Region - US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East & Africa, and Latin America MarketsIndependently Analyzed
with Annual Sales Figuresin Thousand Units for Years 2001
through 2010 (includes corresponding Graph/Chart) II-85

Table 21: World Long-term Projections for Home Audio Separate
Components by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Africa and
Latin America Markets Independently Analyzed by Annual Sales
for the Years 2011 through 2015 in Thousand Units (includes
corresponding Graph/Chart) II-86

Table 22: World Historic Review for Home Audio Separate
Components by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East & Africa, and
Latin America Markets Independently Analyzed with Annual Sales
Figures in Thousand Units for Years 1995 through 2000
(includes corresponding Graph/Chart) II-87

Table 23: World 15-Year Perspective for Home Audio Separate
Components by Geographic Region - Percentage Breakdownof
Volume Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East & Africa, and Latin America
Markets for Years 1995, 2007 & 2010 (includescorresponding
Graph/Chart) II-88

Table 24: World Recent Past, Current & Future Market Analysis
for Home Audio Separate Components by Geographic Region - US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East & Africa, and Latin America Markets Independently
Analyzed with Annual Sales Figures in US$ Millionfor Years
2001 through 2010 (includes corresponding Graph/Chart) II-89

Table 25: World Long-term Projections for Home Audio Separate
Components by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Africa and
Latin America Markets Independently Analyzed by Annual Sales
for the Years 2011 through 2015 in US$ Million (includes
corresponding Graph/Chart) II-90

Table 26: World Historic Review for Home Audio Separate
Components by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East & Africa, and
Latin America Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1995 through 2000 (includes
corresponding Graph/Chart) II-91

Table 27: World 15-Year Perspective for Home Audio Separate
Components by Geographic Region - Percentage Breakdown of
Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East & Africa, and Latin America
Markets for Years 1995, 2005 & 2010 (includes corresponding
Graph/Chart) II-92

Table 28: World Recent Past, Current & Future Market Analysis
for Home Theater in a Box by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East &
Africa, and Latin America Markets Independently Analyzedwith
Annual Sales Figures in Thousand Units for Years 2001 through
2010 (includes corresponding Graph/Chart) II-93

Table 29: World Long-term Projections for Home Theater in a
Box by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Africa and
Latin America Markets Independently Analyzed by Annual Sales
for the Years 2011 through 2015 in Thousand Units (includes
corresponding Graph/Chart) II-94

Table 30: World Historic Review for Home Theater in a Box by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East & Africa, and Latin America
Markets Independently Analyzed with Annual Sales Figuresin
Thousand Units for Years 1995 through 2000 (includes
corresponding Graph/Chart) II-95

Table 31: World 15-Year Perspective for Home Theater in a Box
by Geographic Region - Percentage Breakdown of VolumeSales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East & Africa, and Latin America Marketsfor Years 1995,
2007 & 2010 (includes corresponding Graph/Chart) II-96

Table 32: World Recent Past, Current & Future Market Analysis
for Home Theater in a Box by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East &
Africa, and Latin America Markets Independently Analyzedwith
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart) II-97

Table 33: World Long-term Projections for Home Theater in a
Box by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Africa and
Latin America Markets Independently Analyzed by Annual Sales
for the Years 2011 through 2015 in US$ Million (includes
corresponding Graph/Chart) II-98

Table 34: World Historic Review for Home Theater in a Box by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East & Africa, and Latin America
Markets Independently Analyzed with Annual Sales Figuresin US$
Million for Years 1995 through 2000 (includes corresponding
Graph/Chart) II-99

Table 35: World 15-Year Perspective for Home Theater in a Box
by Geographic Region - Percentage Breakdown of Dollar Sales
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East & Africa, and Latin America Markets for Years
1995, 2007 & 2010 (includes corresponding Graph/Chart) II-100

Table 36: World Recent Past, Current & Future Market Analysis
for Home Radios by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East & Africa,
and Latin America Markets Independently Analyzed withAnnual
Sales Figures in Thousand Units for Years 2001through 2010
(includes corresponding Graph/Chart) II-101

Table 37: World Long-term Projections for Home Radios by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Africa and Latin America
Markets Independently Analyzed by Annual Sales for the Years
2011 through 2015 in Thousand Units (includes corresponding
Graph/Chart) II-102

Table 38: World Historic Review for Home Radios by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East & Africa, and Latin America Markets
Independently Analyzed with Annual Sales Figuresin Thousand
Units for Years 1995 through 2000 (includes corresponding
Graph/Chart) II-103

Table 39: World 15-Year Perspective for Home Radios by
Geographic Region - Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East & Africa, and Latin America Markets for Years
1995, 2007 & 2010 (includes corresponding Graph/Chart) II-104

Table 40: World Recent Past, Current & Future Market Analysis
for Home Radios by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East & Africa,
and Latin America Markets Independently Analyzed withAnnual
Sales Figures in US$ Million for Years 2001through 2010
(includes corresponding Graph/Chart) II-105

Table 41: World Long-term Projections for Home Radios by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Africa and Latin America
Markets Independently Analyzed by Annual Sales for the Years
2011 through 2015 in US$ Million (includes corresponding
Graph/Chart) II-106

Table 42: World Historic Review for Home Radios by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East & Africa, and Latin America Markets
Independently Analyzed with Annual Sales Figuresin US$ Million
for Years 1995 through 2000 (includes corresponding
Graph/Chart) II-107

Table 43: World 15-Year Perspective for Home Radios by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excludingJapan),
Middle East & Africa, and Latin America Markets for Years
1995, 2007 & 2010 (includes corresponding Graph/Chart) III-108

III. MARKET

1. The United States III-1
A.Market Analysis III-1
Outlook III-1
Market Primer III-1
Table 44: US Market for Home Audio Products (2004 & 2005):
Percentage Breakdown of Dollar Sales by Product Segment -
Compact Audio Systems, Home Radios, Home-theatre-in-a-box,
MP3 Players, Portable CD Equipment, Portable Headset Audio,
Rack Audio System, Tape/radio Tape Players, Tape/Radio tape
recorders, and Total CD Players (includes corresponding
Graph/Chart) III-2

Table 45: US MP3 Player Market: Percentage Market Share
Breakdown of Key Vendors As of the Year July 2007 - Apple,
Scandisk, Creative, Microsoft, Samsung, and Others
(includes corresponding Graph/Chart) III-2
PC to Serve as the Center-Point of a High-End and Custom
Installed Home Audio Systems III-3
A Trend Towards Networked/ Converged Audio Products III-3
Audio Retailers Target HTiB, 2-Channel Systems for Better
Gains III-3
Component Home CD Players and Changers to Experience Decline III-3
Home Audio Processing and Amplification III-3
Home Theatre in a Box: The Saving Grace for the US Home
Audio Equipment Market III-4
HTiB and All-in-One Music Systems Sales on Rise III-4
HTiB Retailers and Suppliers Target 2-Channel System for
Growth III-4
Stereo and Home Theater Audio: Reviving Fortunes III-5
Growth Drivers III-5
DVD Player- The American Favorite III-5
MP3 Portables Lure Players III-5
Attractive Designs Fuel Microsystems Sales III-6
Drivers for Audio Components Market III-6
Customizable Music Mixes Fuel Industry Growth III-6
DVD Upgrades Excel Home Theaters Sales III-6
College Students: The Influential Buying Group III-6
Export & Import Notes III-7
Table 46: US Exports of Radio receivers and cassette
recorders (2002-2006): Exports Ranked by Value in US$
Million by Country - Mexico, Australia, Canada, Japan,
Hong Kong, Singapore, Guatemala, China, and Others
(includes corresponding Graph/Chart) III-7

Table 47: US Exports of Record Players (Without
Loudspeaker) (2002-2006): Exports Ranked by Value in US$
Thousand by Country -Colombia, Brazil, Mexico, Venezuela,
Canada, Guatemala, UK, and Others (includes corresponding
Graph/Chart) III-7

Table 48: US Exports of Record Players (With Loudspeaker)
(2002-2006): Exports Ranked by Value in US$ Thousand by
Country - Mexico, UK, Colombia, Germany, Canada, Japan,
China, Chile, Australia, Hong Kong, and Others (includes
corresponding Graph/Chart) III-8

Table 49: US Exports of Turntable (with automatic record
changing mechanism) (2002-2006): Exports Ranked by Value
in US$ Thousand by Country - Japan, Mexico, Germany,
Canada, Australia, and Others (includes corresponding
Graph/Chart) III-8

Table 50: US Imports of Radio Receivers (2002-2006):
Imports Ranked by Value in US$ Million by Country - China,
Malaysia, Singapore, Mexico, South Korea, Indonesia,
Japan, Hong Kong, Denmark, and Others (includes
corresponding Graph/Chart) III-9

Table 51: US Imports of Record Players (Without
Loudspeaker) (2002-2006): Imports Ranked by Value in US$
Thousand by Country - China, Japan, India, Spain, Germany,
UK, and Others (includes corresponding Graph/Chart) III-9

Table 52: US Imports of Record Players (With Loudspeaker)
(2002-2006): Imports Ranked by Value in US$ Thousand by
Country - China, Taiwan, Japan, UK, India, and Others
(includes corresponding Graph/Chart) III-10

Table 53: US Imports of Turntable (With Automatic Record
Changing Mechanism) (2002-2006): Imports Ranked by Value
in US$ Thousand by Country - Italy, Germany, Slovenia,
Japan, China, and Others (includes corresponding
Graph/Chart) III-10
Market Share Statistics In Retrospect III-11
Table 54: US Audio Brands Market (2003): Market Shares of
Leading Manufacturers - Sony, Bose, Pioneer and Others
(includes corresponding Graph/Chart) III-11

Table 55: US HTIB Market (2003): Market Shares of Leading
Manufacturers - Sony, Bose, RCA,Panasonic, Kenwood and
Others (includescorresponding Graph/Chart) III-11

Table 56: US Blank Audio Tape Brands (2001): Market Shares
of Leading Brands - Maxell UR, Maxell XLII, TDK D, TDK CD
Power, Sony HF, Sony, Sony MC, Sony CDIT, Fuji DR I, RCA
and Others: A Historic Review (includes corresponding
Graph/Chart) III-11

Table 57: US CD Recorder Market (Historic Data for 2000):
Market Shares of Leading Manufacturers -Philips, Aiwa,
Pioneer, JVC, Sony and Others (includes corresponding
Graph/Chart) III-12

Table 58: US Dolby Digital A/V Receiver Market (Historic
Data for 2000): Market Shares of Leading Brands - Sony,
Yamaha, Pioneer, Denon, Kenwood and Others (includes
corresponding Graph/Chart) III-12

Table 59: US Audio Products Market in Retrospect (2002):
Penetration Level of Different Audio Products (includes
corresponding Graph/Chart) III-12

Table 60: Penetration Level of Home Theater Systems in the
US Households: A Historic Review (2000-2003) (includes
corresponding Graph/Chart) III-13
Product Developments III-13
Home Theater-in-a-Box III-13
Digital Surround Sound III-13
Receivers III-13
Chronological Journey of Audio Systems: Select Product
Developments III-13
Technological Developments/Breakthroughs III-14
Product Launches III-16
Strategic Corporate Developments III-29
Key Players III-39
B.Market Analytics III-41
Analytics by Volume III-41
Table 61: US Recent Past, Current & Future Market Analysis
for Home Audio Equipment by Product Segment - Home Audio
Systems, Home Audio Separate Components, Home Theater in a
Box, and Home Radios Markets Independently Analyzed with
Annual Sales Figuresin Thousand Units for Years 2001 through
2010 (includes corresponding Graph/Chart) III-41

Table 62: US Long-term Projections for Home Audio Equipment
by Product Segment - Home Audio Systems, Home Audio Separate
Components, Home Theater in a Box and Home Radio Markets
Independently Analyzed by Annual Sales for the Years 2011
through 2015 in Thousand Units (includes corresponding
Graph/Chart) III-41

Table 63: US Historic Review for Home Audio Equipment by
Product Segment - Home Audio Systems, Home Audio Separate
Components, Home Theater in a Box, and Home Radios Markets
Independently Analyzed with AnnualSales Figures in Thousand
Units for Years 1995through 2000 (includes corresponding
Graph/Chart) III-42

Table 64: US 15-Year Perspective for Home Audio Equipment by
Product Segment -- Percentage Breakdown of Volume Sales for
Home Audio Systems, Home Audio Separate Components, Home
Theater in a Box, andHome Radios Markets for Years 1995,
2007 & 2010 (includes corresponding Graph/Chart) III-42
Analytics by Value III-43
Table 65: US Recent Past, Current & Future Market Analysis
for Home Audio Equipment by Product Segment - Home Audio
Systems, Home Audio Separate Components, Home Theater in a
Box, and Home Radios Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart) III-43

Table 66: US Long-term Projections for Home Audio Equipment
by Product Segment - Home Audio Systems, Home Audio Separate
Components, Home Theater in a Box and Home Radio Markets
Independently Analyzed by Annual Sales for the Years 2011
through 2015 in US$ Million (includes corresponding
Graph/Chart) III-43

Table 67: US Historic Review for Home Audio Equipment by
Product Segment - Home Audio Systems, Home Audio Separate
Components, Home Theater in a Box, and Home Radios Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 1995 through 2000 (includes corresponding
Graph/Chart) III-44

Table 68: US 15-Year Perspective for Home Audio Equipment by
Product Segment -- Percentage Breakdown of Dollar Sales for
Home Audio Systems, Home Audio Separate Components, Home
Theater in a Box, and Home Radios Markets for Years 1995,
2007 & 2010 (includes corresponding Graph/Chart) III-44

2. Canada III-45
A.Market Analysis III-45
Outlook III-45
Export & Import Notes III-45
Table 69: Canadian Exports of Radio receivers and cassette
recorders (2002-2006): Exports Ranked by Value in US$
Thousand by Country - US, Cuba, Germany, Hong Kong, and
Others (includes corresponding Graph/Chart) III-45

Table 70: Canadian Exports of Record Players (Without
Loudspeaker) (2002-2006): Exports Ranked by Value in US$
Thousand by Country - US and Others III-45

Table 71: Canadian Exports of Record Players (With
Loudspeaker) (2002-2006): Exports Ranked by Value in US$
Thousand by Country - US, France, Hong Kong, and Others
(includes corresponding Graph/Chart) III-46

Table 72: Canadian Exports of Turntable (With Automatic
Record Changing Mechanism) (2002- 2006): Exports Ranked by
Value in US$ Thousand by Country - Japan, Mexico, Germany,
Canada, Australia, China, UK, and Others (includes
corresponding Graph/Chart) III-46

Table 73: Canadian Imports of Radio Receivers and Cassette
Recorders (2002-2006): Imports Ranked by Value in US$
Thousand by Country - China, Malaysia, South Korea,
Singapore, US, Indonesia, Mexico, Japan, Thailand, and
Others (includes corresponding Graph/Chart) III-47

Table 74: Canadian Imports of Record Players (Without
Loudspeaker) (2002-2006): Imports Ranked by Value in US$
Thousand by Country - China, Denmark, Japan, US, Germany,
UK, and Others (includes corresponding Graph/Chart) III-47

Table 75: Canadian Imports of Record Players (With
Loudspeaker) (2002-2006): Imports Ranked by Value in US$
Thousand by Country - US, Japan, China, UK, Germany,
Malaysia, India, and Others (includes corresponding
Graph/Chart) III-48

Table 76: Canadian Imports of Turntable (With Automatic
Record Changing Mechanism) (2002-2006): Imports Ranked by
Value in US$ Thousand by Country - Japan, China (excluding
Mongolia), Germany, Slovenia, and Others (includes
corresponding Graph/Chart) III-48
Product Launches III-49
Strategic Corporate Development III-49
B.Market Analytics III-50
Analytics by Volume III-50
Table 77: Canadian Recent Past, Current & Future Market
Analysis for Home Audio Equipment by Product Segment - Home
Audio Systems, Home Audio Separate Components, Home Theater
in a Box, and Home Radios Markets Independently Analyzed
with Annual Sales Figuresin Thousand Units for Years 2001
through 2010 (includes corresponding Graph/Chart) III-50

Table 78: Canadian Long-term Projections for Home Audio
Equipment by Product Segment - Home Audio Systems, Home
Audio Separate Components, Home Theater in a Box and Home
Radio Markets Independently Analyzed by Annual Sales for the
Years 2011 through 2015 in Thousand Units (includes
corresponding Graph/Chart) III-50

Table 79: Canadian Historic Review for Home Audio Equipment
by Product Segment - Home Audio Systems, Home Audio Separate
Components, Home Theater in a Box, and Home Radios Markets
Independently Analyzed with Annual Sales Figures in Thousand
Units for Years 1995 through 2000 (includes corresponding
Graph/Chart) III-51

Table 80: Canadian 15-Year Perspective for Home Audio
Equipment by Product Segment -- Percentage Breakdown of
Volume Sales for Home Audio Systems, Home Audio Separate
Components, Home Theater in a Box, andHome Radios Markets
for Years 1995, 2007 & 2010 (includes corresponding
Graph/Chart) III-51
Analytics by Value III-52
Table 81: Canadian Recent Past, Current & Future Market
Analysis for Home Audio Equipment by Product Segment - Home
Audio Systems, Home Audio Separate Components, Home Theater
in a Box, and Home Radios Markets Independently Analyzed
with Annual Sales Figuresin US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) III-52

Table 82: Canadian Long-term Projections for Home Audio
Equipment by Product Segment - Home Audio Systems, Home
Audio Separate Components, Home Theater in a Box and Home
Radio Markets Independently Analyzed by Annual Sales for the
Years 2011 through 2015 in US$ Million (includes
corresponding Graph/Chart) III-52

Table 83: Canadian Historic Review for Home Audio Equipment
by Product Segment - Home Audio Systems, Home Audio Separate
Components, Home Theater in a Box, and Home Radios Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 1995through 2000 (includes corresponding
Graph/Chart) III-53

Table 84: Canadian 15-Year Perspective for Home Audio
Equipment by Product Segment -- Percentage Breakdown of
Dollar Sales for Home Audio Systems, Home Audio Separate
Components, Home Theater in a Box, and Home Radios Markets
for Years 1995, 2007 & 2010 (includes corresponding
Graph/Chart) III-53

3. Japan III-54
A.Market Analysis III-54
Outlook III-54
Sedate Growth Patterns On Cards III-54
Stronger Demand for Up-Market Products III-54
Exports & Import Notes III-54
Japanese Imports in Retrospect III-55
Table 85: Japanese Imports of Audio Products (2001):
Breakdown by Product Category: A Historic Review (includes
corresponding Graph/Chart) III-55

Table 86: Japanese Imports of Audio Products (2001):
Breakdown by Country of Origin: A Historic Review
(includes corresponding Graph/Chart) III-56
Product Launches III-56
Strategic Corporate Developments III-62
Focus on Select Players III-64
B.Market Analytics III-67
Analytics by Volume III-67
Table 87: Japanese Recent Past, Current & Future Market
Analysis for Home Audio Equipment by Product Segment - Home
Audio Systems, Home Audio Separate Components, Home Theater
in a Box, and Home Radios Markets Independently Analyzed
with Annual Sales Figures in Thousand Units for Years 2001
through 2010 (includes corresponding Graph/Chart) III-67

Table 88: Japanese Long-term Projections for Home Audio
Equipment by Product Segment - Home Audio Systems, Home
Audio Separate Components, Home Theater in a Box and Home
Radio Markets Independently Analyzed by Annual Sales for the
Years 2011 through 2015 in Thousand Units (includes
corresponding Graph/Chart) III-68

Table 89: Japanese Historic Review for Home Audio Equipment
by Product Segment - Home Audio Systems, Home Audio Separate
Components, Home Theater in a Box, and Home Radios Markets
Independently Analyzed with Annual Sales Figures in Thousand
Units for Years 1995 through 2000 (includes corresponding