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. Pair Speakers I-4
2. Satellite/Subwoofer Speakers I-4
3. Subwoofer Speakers I-4
4. Soundbars I-4
5. In-Wall Speakers I-5
6. Outdoor Speakers I-5
7. Other Speaker Categories I-5


II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW II-1
A Quick Market Primer II-1
2007-2009 Recession Erodes Growth During the Years 2008 & 2009 II-2
Structural Changes in Consumer Wealth & Spending Creates Long
-Term Challenges to Growth in the US Market II-2
Table 1: Consumer Confidence in the United States
(2011-Q32014): Breakdown of Indexed Points (includes
corresponding Graph/Chart) II-4

Table 2: US Household Debt As a Percentage (%) of Disposable
Income: 2008-2013 (includes corresponding Graph/Chart) II-5
Overindebted Households: A Key Bottleneck Hindering Consumer
Spending in Europe II-5
Table 3: Consumer Confidence in Select EY Countries 2013 & Q3
2014: Breakdown of Indexed Points (includes corresponding
Graph/Chart) II-6

Table 4: EU Household Debt As a Percentage (%) of Disposable
Income by Country: 2008-2013 (includes corresponding
Graph/Chart) II-7

Table 5: Growth in Personal Savings (%) in the European Union
for the year 2011-Q12014 (includes corresponding Graph/Chart) II-8
Strong Consumer Confidence in Asia-Pacific Spurs Growth II-8
Table 6: Consumer Confidence in China & India Vs Global: A
Comparison for Years 2011-3Q2014 (includes corresponding
Graph/Chart) II-9
Market Outlook II-9

2. MARKET TRENDS, DRIVERS & ISSUES II-11
Outsourcing Loudspeaker Production Continues to be Rife II-11
Pair Speakers Market Faces Tsunami of Sorts II-11
Market Dynamics Undergoes a Sea Change With the Advent of the
Era of “Home Entertainment” II-11
Satellite/Subwoofer Speakers: A Key Beneficiary of At-Home
Entertainment II-12
Assembled Pieces Cannibalizing Single Brand Varieties II-12
Standalone Subwoofers Market Scripting Success II-13
In-Wall Speakers to Gain Consumer Attention II-13
Luxury Homes - A Great Opportunity for Outdoor Speakers II-14
Outdoor Speakers Swimming Against the Tide II-15
Soaring in Popularity, Soundbars Threaten to Dislodge
Traditional Loudspeakers II-15
Soundbars Scores Over HTiBs II-16
Growing Consumer Adoption of Thin, Flat Panel TV Fuels Growth
in Soundbars Market II-16
Table 7: US HDTV Market: Breakdown of Shipments (in Million
Units) and Household Penetration Rates (in %) for Years
2005, 2011 & 2020 P (includes corresponding Graph/Chart) II-17
Portability - A Driving Factor for Docks & Headphones II-17
Docking Speakers- In Survival Mode II-18
Dual-Mode Docking Speakers to Keep Competition from Wireless-
Only Speakers at Bay II-18
Demand for Bluetooth Speakers on the Rise II-18
Premium iPod/iPhone Docks Redefine Music II-19
Growth in Mobile Computing Devices Drives Business Case for
Speakers II-19
Continued Growth in Adoption of Advanced Mobile Phones to
Drive Demand for Speakers II-20
Opportunity indicators II-21
Table 8: World Smartphone Penetration for Select Countries
(as a Percentage of Mobile Phone Users): 2013 (includes
corresponding Graph/Chart) II-21

Table 9: Global Market for Smartphones (2013 & 2018):
Breakdown of Sales in Million Units by Geographic
Region/Country (includes corresponding Graph/Chart) II-22
Consumer Mobile Usage Habits Augur Well for Market II-22
Table 10: Untapped Potential in Store for Mobile Cloud Music
Services - Presented as Percentage Share of Mobile Users
Accessing Music Applications Over Mobile Phones by Time
Spent (includes corresponding Graph/Chart) II-23

Table 11: Average Listener Hours for Mobile Music for the
years 2010, 2011, 2012 and 2014 for Web and Mobile (in
Billions of Hours) (includes corresponding Graph/Chart) II-24
Growing Demand for Smart Home Automation Systems - A Boon for
Loudspeakers II-24
Technology/Product Developments - The Ongoing Saga II-24
Contemporary Lifestyles & Home Decors Mould Home Loudspeaker
Designs II-24
Flat-Panel Speaker Technology Gain in Prominence II-25
Wireless Speakers - In Focus II-25
Trendy Bluetooth Speakers Gain Momentum II-26
Wireless Outdoor speakers II-26
Manufacturers Focus on Miniature Speakers II-27
Ultra-Compact Amplifiers Witness Rising Demand - A Case in
Point II-27
New Product Introductions Boost Market Prospects for Soundbars II-27
Product Innovations & Technology Developments Augurs Well for
the Outdoor Speakers Market II-28
Omnidirectional Speakers Grow in Prominence II-29
HVT Technology Gains Attention II-29
Key Benefits of HVT Speakers II-29
Three Dimensional Sound Field Distribution II-29
Healthy- Bass Reproduction II-29
Environment Friendly Performance & Designs II-30
Growing Demand for Power Loudspeakers II-30
Surface Surround Technology Makes Speaker Facets Two-Dimensional II-30
Innovative Printed Speakers on the Anvil II-30
Graphene Audio Speakers II-31

3. LOUDSPEAKER TECHNOLOGY PLATFORM II-32
Loudspeakers: A Technical Preview II-32
Loudspeakers: A Peek Into its Technology Lifecycle II-32
The Technology Learning Curve Has a Slippery Slope II-32
Planar Ribbon Drivers: No Longer Pricey II-33
A Peek into its Technical Sophistication II-33
Focused Speaker Systems: Technology Overview II-33
Computer Loudspeaker Designs II-34
Conventional Loudspeaker Designs II-34
Electrostatic Loudspeaker Designs II-35
Electrostrictive Polymer Film Loudspeaker II-35
Planar Magnetic Loudspeaker II-36
Major Design Considerations for Computer Loudspeakers II-36
Acoustics II-36
Analytical Testing of Loudspeakers II-36
Objective Testing II-36
Subjective Testing II-36
Surface Surround Technology II-37
Hypersonic Sound System (HSS) II-37
Flat Panel Technology II-37
Stereo Technology II-37
MaxxBass® Technology II-38
TAV™ Technology II-38
Surface-Mount Loudspeakers II-38
Key Manufacturers of Surface-Mount Loudspeakers in North America II-38

4. PRODUCT OVERVIEW II-43
Loudspeaker: A Technical Exposition II-43
Passive Speakers II-43
Active Speakers II-43
Tweeters II-43
Midrange II-43
Woofer II-44
Types of Speaker Configuration II-44
2-Way Speaker Configuration II-44
3-Way Speaker Configuration II-44
4-Way Speaker Configuration II-44
Characteristics of an Ideal Speaker II-44
Types of Loudspeakers: A Classification II-45
Pair Speakers II-45
Bookshelf Speakers II-45
Floor-Standing Speakers II-45
Satellite/Subwoofer Speakers: A Descriptive Exposition II-45
Subwoofer II-46
Soundbars II-46
In-Wall Speakers II-46
Outdoor Speakers II-47
Pointers for Installation of Outdoor Speakers II-47
Technological Challenges II-47
Other Speaker Categories II-48
Smartphone/MP3 Docking Speakers II-48

5. PRODUCT INNOVATIONS/INTRODUCTIONS II-49
Bowers & Wilkins Unveils New CM Series Speakers II-49
Meridian Audio Introduces DSP8000 SE, DSP7200 SE and DSP5200 SE II-49
Harman Introduces VTX V20 and S25 Line Array II-49
JBL Introduces New CBT Series Loudspeaker II-49
Acoustic Research® Rolls Out Bluetooth Outlet Speaker II-49
HARMAN Launches JBL Charge 2 II-49
Rapoo Introduces A600 II-49
Atlantic Technology Launches 44-DA Dolby Atmos Speaker II-49
BEHRINGER Introduces iQ Series Networked Loudspeakers II-50
BOSE® Rolls Out RMU208 II-50
Magico Launches S3 II-50
Community Professional Launches DP8 Pendant II-50
AX Horn Loudspeakers Introduces New Version of AXJET II-50
Definitive Technology Unveils Mythos ST-L Tower Speaker II-50
Quad Launches Quad II-50
Sakar Launches New Bluetooth Speakers and Stereo Headphones II-50
Harman Rolls Out New Range Of Headphones, Speakers and Docks II-51
Coleridge Unveils BMR II-51
Peavey Unveils Elements Weatherproof Loudspeakers II-51
Danley Rolls Out OS80 II-51
Libratone Launches New Loop Speaker II-51
Sonus Faber Unveils New Series of Olympica Speakers II-51
Waterfall Audio Launches the Niagara Platinum Loudspeaker II-51
Amina Introduces new iQ series II-51
Samsung Introduces DA-F60 II-52
Bryston Rolls Out High Performance Loudspeaker Units II-52
Creative Technology Rolls Out High-Performance Speakers II-52
Creative Technology Launches Creative Dsxm™ Subwoofer Range II-52
CREATIVE Launches NFC Bluetooth Wireless Speakers II-52
Creative Introduces T3150 Wireless 2.1 speaker system II-52
Quadral Launches IPSO Speaker Series II-52
Quadral Launches Ferrum 7000 5.0 Speakers II-52
Quadral Rolls Out Qube 7 II-53
Quadral Introduces Qube Quadral 12 II-53
Quadral Unveils Signo Avant-Garde Hi-Fi Speakers II-53
Sonance Introduces 46LCR SB1 Soundbar II-53
Sonance Unveils Visual Performance Speaker Range II-53
STRAX Rolls Out Foldable Headsets and Bluetooth Speaker Models II-53
FOCAL Introduces CHORUS 700 SERIES Loudspeakers II-53
VOXX Launches ARS60 Portable Wireless Speaker II-53
VOXX Unveils 808 CANZ Bluetooth Wireless Speakers II-53
HARMAN Unveils JBL® Studio 2 II-54
HARMAN Introduces SB 35 and SB 26 II-54
Harman Launches Harman Kardon® Onyx™ Wireless Speaker System II-54
VOXX Launches SoundFlow™ Soundboard Portable Speaker II-54
Community Professional Loudspeakers Launches A6 II-54
HARMAN Launches New Improved JBL Project Everest DD67000
Loudspeaker II-54
Bang & Olufsen Introduces New BeoLab In-Wall Speakers System II-54
Polk Launches New Home Theater Loudspeakers, TSx Series II-54
Current Audio Introduces SB65 and SB80 Models II-54
Intex Introduces New Bluetooth-Enabled Soundbar II-55
Behringer Unveils iQ Series Networked Loudspeakers II-55
Turbosound Introduces Milan Series II-55
Focal Unveils Chorus 700 Series Loudspeakers II-55
Sony Unveils Advanced ES Speaker Lineup II-55
Pure to Unveil Jongo Series Wireless Speakers II-55
Harman Unveils Revel 2-Series II-55
Harman's JBL Unveils S3900 Loudspeaker II-55
GoldenEar to Unveil Loudspeakers II-55
Behringer Unveils Omni Wireless Speaker System II-56
Electro-Voice Rolls Out ZLX Portable Loudspeakers II-56
Sony Launches Wireless HT-CT260 Surround Sound Bar II-56
HARMAN's Unveils V5 Presets for VTX Series and VERTEC® Line
Array Loudspeakers II-56
Sony Introduces CMT-BT80WB and CMT-BT60B Bluetooth Speakers II-56
Acoustic Energy Rolls Out New Reference Three Flagship
Loudspeaker II-56
Bryston Unveils New Loudspeaker Product Line II-56
Sceptre Launches New Speaker Sound Bar with In-Built Subwoofer II-56
Sharp Introduces 2.1 Channel Sound Bar II-56
Sonos Rolls Out Playbar Soundbar Speaker II-57
Techcom Launches the Tower Speaker SSD-12001 R II-57
SISPL Introduces the Slimmest Speakers II-57
TruAudio Launches the BRD-22 Outdoor Birdhouse Speaker II-57
KEF Unveils the New KEF E305 Surround- Sound Speaker System II-57
Behringer Launches Eurolive B207MP3 II-57
BEHRINGER Launches B112W and B115W II-57
SVSound Unveils SVS PB1000 and SVS SB1000 II-57
Native Union Introduces the Native Union Switch II-58
Alto Professional Launches the Black Series II-58
Line 6 Introduces New StageSource[TM] L2t and L2m Loudspeakers II-58
Techcom Technologies Launches SSD-410 USB Speakers II-58
EVE Audio Unveils Subwoofers and Speakers Range II-58
KEF Introduces Ci160TR Speaker II-58
Meridian Audio Unveils In-Wall Loudspeakers II-58
Bowers & Wilkins Unveils AM-1 Loudspeaker II-58
Cabasse Launches Stream 3 Wireless 2.1 System II-58
Sony Unveils ES Product Line II-59
Scosche Launches boomBOTTLE Outdoor Speaker II-59
Monitor Audio Launches WS100 Speaker System II-59
Peavey Electronics Launches Subwoofer and Enclosure II-59
Klipsch Unveils HD Theater SB 3 Soundbar II-59
Wisdom Audio Launches the Insight Range of In-Wall, High-
Performance Loudspeakers II-59
Harman International Introduces Sophisticated Soundbars II-59
Toshiba Introduces Two 3D Sound Bars II-59
Toshiba Launches the SBX4250 Sound Bar Speaker System II-60
Definitive Technology to Launch SoloCinema XTR Soundbar II-60
Orbitsound Launches the OrbitSound T9 II-60
Intex Introduces Intex Soundbar Marvel 250 II-60
Tokai Introduces Smart Rubber Loudspeakers II-60
B&O Play Releases BeoPlay A9 II-60
Community Professional Launches VERIS 2 Loudspeaker Line II-60
VUE Unveils New Range Loudspeakers II-60
Amina Launches New Invisible Loudspeakers II-60
Danley Unveils SM-80 Loudspeaker II-61
QSC Unveils New SR Line of Loudspeakers II-61
Fluance® Unveils Tower Speaker Docks for iPods and iPhones II-61
Funktion-One Unveils New F1201 Compact Loudspeaker II-61
Fluance Unveils New Loudspeaker Series II-61
Fulcrum Unveils New Compact Line of Loudspeakers II-61
JBL Launches New Passive Loudspeakers II-61
Technical Audio Expands its Premium Audio Collection II-61
D.A.S. Unveils New Series of Loudspeaker II-61

6. RECENT INDUSTRY ACTIVITY II-62
HARMAN Collaborates with SoftBank, Sprint, Trikomsel and
Brightstar II-62
Presonus Acquires Worxaudio Technologies II-62
Trinnov Announces Partnership with Auro Technologies II-62
QSC Announces Partnership Agreement with Roland II-62
CABASSE Inks Partnership Agreement with INTEGRA II-62
Supertooth Inks Distribution Agreement with VOXX II-62
HARMAN International Takes Over Duran Audio II-62
Inspired Audio Joins Forces with LMC Audio II-63
Yamaha Commercial Signs Distribution Contract with Equipson II-63
Private Equity Company Takes Over Thiel Audio II-63
Music Group Takes Over Turbosound II-63
Harman Enters Into Licensing and Brand Partnership with Abarth II-63
CommanFusion Appoints B&W Loudspeakers (NZ) as Exclusive
Distributor II-63
Russound Divests vNet II-63
Gibson Introduces Pro Audio Division Through Acquisition of
Stanton Group II-63
Infinity Lifestyle Takes Over Altec Lansing Brand II-63

7. FOCUS ON SELECT GLOBAL PLAYERS II-64
Altec Lansing, LLC (USA) II-64
Amaoto Industrial Co., Ltd. (Taiwan) II-64
B&W Group Ltd. (UK) II-64
Bose Corporation (USA) II-65
Boston Acoustics, Inc. (USA) II-65
Creative Technology Ltd (Singapore) II-66
Cambridge SoundWorks (USA) II-66
DEI Holdings Inc. (USA) II-66
Definitive Technology (USA) II-67
Polk Audio (US) II-67
First Audio Manufacturing (HK) LTD (Hong Kong) II-67
Focal JM-Lab (France) II-67
Focus Audio, Inc. (Canada) II-68
German Physiks (Germany) II-68
Harbeth Audio Ltd. (UK) II-68
Harman International Industries, Inc. (USA) II-68
Jean-Marie Reynaud (France) II-69
Maxxsonics USA, Inc. (USA) II-69
Nortek Inc. (US) II-69
Niles Audio Corporation (USA) II-69
SpeakerCraft, Inc. (USA) II-70
Opera Loudspeakers (Italy) II-70
Pioneer Corporation (Japan) II-70
QLN AB (Sweden) II-71
Sammi Sound Tech Co Ltd. (Korea) II-71
Sonance, Inc (USA) II-71
Velodyne Acoustics, Inc. (USA) II-71
VOXX International Corporation (USA) II-72
Klipsch Group, Inc. (USA) II-72
Yamaha Corporation (Japan) II-72

8. GLOBAL MARKET PERSPECTIVE II-73
Analytics by Value II-73
Table 12: World Recent Past, Current & Future Analysis for
Loudspeakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-73

Table 13: World Historic Review for Loudspeakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-74

Table 14: World 15-Year Perspective for Loudspeakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-75

Table 15: World Recent Past, Current & Future Analysis for
Pair Speakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-76

Table 16: World Historic Review for Pair Speakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-77

Table 17: World 15-Year Perspective for Pair Speakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-78

Table 18: World Recent Past, Current & Future Analysis for
Satellite/Subwoofer Speakers 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
2013 through 2020 (includes corresponding Graph/Chart) II-79

Table 19: World Historic Review for Satellite/ Subwoofer
Speakers 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 2006 through 2012
(includes corresponding Graph/Chart) II-80

Table 20: World 15-Year Perspective for Satellite/Subwoofer
Speakers 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 2006, 2014 & 2020 (includes corresponding
Graph/Chart) II-81

Table 21: World Recent Past, Current & Future Analysis for
Subwoofer Speakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-82

Table 22: World Historic Review for Subwoofer Speakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-83

Table 23: World 15-Year Perspective for Subwoofer Speakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-84

Table 24: World Recent Past, Current & Future Analysis for
Soundbars 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 2013 through 2020
(includes corresponding Graph/Chart) II-85

Table 25: World Historic Review for Soundbars 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 2010 through 2012 (includes corresponding
Graph/Chart) II-86

Table 26: World 7-Year Perspective for Soundbars 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 2014 &
2020 (includes corresponding Graph/Chart) II-87

Table 27: World Recent Past, Current & Future Analysis for
In-Wall Speakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-88

Table 28: World Historic Review for In-Wall Speakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-89

Table 29: World 15-Year Perspective for In-Wall Speakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-90

Table 30: World Recent Past, Current & Future Analysis for
Outdoor Speakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-91

Table 31: World Historic Review for Outdoor Speakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-92

Table 32: World 15-Year Perspective for Outdoor Speakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-93

Table 33: World Recent Past, Current & Future Analysis for
Other Loudspeakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-94

Table 34: World Historic Review for Other Loudspeakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-95

Table 35: World 15-Year Perspective for Other Loudspeakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-96
Analytics by Volume II-97
Table 36: World Recent Past, Current & Future Analysis for
Loudspeakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-97

Table 37: World Historic Review for Loudspeakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-98

Table 38: World 15-Year Perspective for Loudspeakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-99

Table 39: World Recent Past, Current & Future Analysis for
Pair Speakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-100

Table 40: World Historic Review for Pair Speakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-101

Table 41: World 15-Year Perspective for Pair Speakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-102

Table 42: World Recent Past, Current & Future Analysis for
Satellite/Subwoofer Speakers 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 2013 through 2020 (includes corresponding Graph/Chart) II-103

Table 43: World Historic Review for Satellite/ Subwoofer
Speakers 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 2006 through 2012
(includes corresponding Graph/Chart) II-104

Table 44: World 15-Year Perspective for Satellite/ Subwoofer
Speakers 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 2006, 2014 & 2020 (includes corresponding
Graph/Chart) II-105

Table 45: World Recent Past, Current & Future Analysis for
Subwoofer Speakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-106

Table 46: World Historic Review for Subwoofer Speakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-107

Table 47: World 15-Year Perspective for Subwoofer Speakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-108

Table 48: World Recent Past, Current & Future Analysis for
Soundbars 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 2013 through 2020
(includes corresponding Graph/Chart) II-109

Table 49: World Historic Review for Soundbars 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 2010 through 2012 (includes corresponding
Graph/Chart) II-110

Table 50: World 7-Year Perspective for Soundbars 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 2014 &
2020 (includes corresponding Graph/Chart) II-111

Table 51: World Recent Past, Current & Future Analysis for
In-Wall Speakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-112

Table 52: World Historic Review for In-Wall Speakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-113

Table 53: World 15-Year Perspective for In-Wall Speakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-114

Table 54: World Recent Past, Current & Future Analysis for
Outdoor Speakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-115

Table 55: World Historic Review for Outdoor Speakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-116

Table 56: World 15-Year Perspective for Outdoor Speakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-117

Table 57: World Recent Past, Current & Future Analysis for
Other Loudspeakers 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 2013 through 2020
(includes corresponding Graph/Chart) II-118

Table 58: World Historic Review for Other Loudspeakers 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 2006 through 2012 (includes
corresponding Graph/Chart) II-119

Table 59: World 15-Year Perspective for Other Loudspeakers 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
2006, 2014 & 2020 (includes corresponding Graph/Chart) II-120


III. MARKET

1. THE UNITED STATES III-1
A.Market Analysis III-1
Outlook III-1
Market Primer III-1
Demand for Wireless Speakers Surges III-1
Short Market Sizzlers III-2
Robust Demand for Soundbars and Wireless Speakers III-2
Table 60: Opportunity Indicator for Soundbars Market:
Soundbars Purchase Intent by US Households III-3
Market Structure & Competition III-3
Key Statistics III-3
Table 61: Loudspeaker Market in the US (2013): Percentage
Market Share Breakdown of Leading Players (includes
corresponding Graph/Chart) III-3
Competitive Variables of the Home Spweaker Segment III-4
The Role of Price III-4
Retailing III-4
Table 62: Loudspeaker Market in the United States (2013):
Percentage Market Share Breakdown of Leading Retailing
Outlets - Specialty Electronics Stores, Mass Merchandisers,
Independent Retailers, Direct Sales, and Discount Stores
(includes corresponding Graph/Chart) III-5
Manufacturing Scenario III-5
Product Introductions/Innovations III-6
Recent Industry Activity III-14
Key Players III-15
B.Market Analytics III-21
Value Analytics III-21
Table 63: US Recent Past, Current & Future Analysis for
Loudspeakers by Product Segment - Pair Speakers,
Satellite/Subwoofer Speakers, Subwoofer Speakers,
Soundbars, In-Wall Speakers, Outdoor Speakers, and Other
Speaker Markets Independently Analyzed with Annual Sales
Figures in US$ Thousand for Years 2013 through 2020
(includes corresponding Graph/Chart) III-21

Table 64: US Historic Review for Loudspeakers by Product
Segment - Pair Speakers, Satellite/Subwoofer Speakers,
Subwoofer Speakers, Soundbars, In-Wall Speakers, Outdoor
Speakers, and Other Speaker Markets Independently Analyzed
with Annual Sales Figures in US$ Thousand for Years 2006
through 2012 (includes corresponding Graph/Chart) III-22

Table 65: US 15-Year Perspective for Loudspeakers by
Product Segment - Percentage Breakdown of Dollar Sales for
Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer
Speakers, Soundbars, In-Wall Speakers, Outdoor Speakers,
and Other Speakers for Years 2006, 2014 & 2020 (includes
corresponding Graph/Chart) III-23
Volume Analytics III-24
Table 66: US Recent Past, Current & Future Analysis for
Loudspeakers by Product Segment - Pair Speakers,
Satellite/Subwoofer Speakers, Subwoofer Speakers,
Soundbars, In-Wall Speakers, Outdoor Speakers, and Other
Speaker Markets Independently Analyzed with Annual Sales
Figures in Thousand Units for Years 2013 through 2020
(includes corresponding Graph/Chart) III-24

Table 67: US Historic Review for Loudspeakers by Product
Segment - Pair Speakers, Satellite/Subwoofer Speakers,
Subwoofer Speakers, Soundbars, In-Wall Speakers, Outdoor
Speakers, and Other Speaker Markets Independently Analyzed
with Annual Sales Figures in Thousand Units for Years 2006
through 2012 (includes corresponding Graph/Chart) III-25

Table 68: US 15-Year Perspective for Loudspeakers by
Product Segment - Percentage Breakdown of Volume Sales for
Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer
Speakers, Soundbars, In-Wall Speakers, Outdoor Speakers,
and Other Speakers for Years 2006, 2014 & 2020 (includes
corresponding Graph/Chart) III-26

2. CANADA III-27
A.Market Analysis III-27
Outlook III-27
Product Introductions/Innovations III-27
Focus Audio, Inc. - A Key Player III-27
B.Market Analytics III-28
Value Analytics III-28
Table 69: Canadian Recent Past, Current & Future Analysis
for Loudspeakers by Product Segment - Pair Speakers,
Satellite/Subwoofer Speakers, Subwoofer Speakers,
Soundbars, In-Wall Speakers, Outdoor Speakers, and Other
Speaker Markets Independently Analyzed with Annual Sales
Figures in US$ Thousand for Years 2013 through 2020
(includes corresponding Graph/Chart) III-28

Table 70: Canadian Historic Review for Loudspeakers by
Product Segment - Pair Speakers, Satellite/Subwoofer
Speakers, Subwoofer Speakers, Soundbars, In-Wall Speakers,
Outdoor Speakers, and Other Speaker Markets Independently
Analyzed with Annual Sales Figures in US$ Thousand for
Years 2006 through 2012 (includes corresponding
Graph/Chart) III-29

Table 71: Canadian 15-Year Perspective for Loudspeakers by
Product Segment - Percentage Breakdown of Dollar Sales for
Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer
Speakers, Soundbars, In-Wall Speakers, Outdoor Speakers,
and Other Speakers for Years 2006, 2014 & 2020 (includes
corresponding Graph/Chart) III-30
Volume Analytics III-31
Table 72: Canadian Recent Past, Current & Future Analysis
for Loudspeakers by Product Segment - Pair Speakers,
Satellite/Subwoofer Speakers, Subwoofer Speakers,
Soundbars, In-Wall Speakers, Outdoor Speakers, and Other
Speaker Markets Independently Analyzed with Annual Sales
Figures in Thousand Units for Years 2013 through 2020
(includes corresponding Graph/Chart) III-31

Table 73: Canadian Historic Review for Loudspeakers by
Product Segment - Pair Speakers, Satellite/Subwoofer
Speakers, Subwoofer Speakers, Soundbars, In-Wall Speakers,
Outdoor Speakers, and Other Speaker Markets Independently
Analyzed with Annual Sales Figures in Thousand Units for
Years 2006 through 2012 (includes corresponding
Graph/Chart) III-32

Table 74: Canadian 15-Year Perspective for Loudspeakers by
Product Segment - Percentage Breakdown of Volume Sales for
Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer
Speakers, Soundbars, In-Wall Speakers, Outdoor Speakers,
and Other Speakers for Years 2006, 2014 & 2020 (includes
corresponding Graph/Chart) III-33

3. JAPAN III-34
A.Market Analysis III-34
Outlook III-34
Japanese Soundbar Market Steadies After the Initial Rush III-34
Product Introductions/Innovations III-34
Key Players III-34
B.Market Analytics III-36
Value Analytics III-36
Table 75: Japanese Recent Past, Current & Future Analysis
for Loudspeakers by Product Segment - Pair Speakers,
Satellite/Subwoofer Speakers, Subwoofer Speakers,
Soundbars, In-Wall Speakers, Outdoor Speakers, and Other
Speaker Markets Independently Analyzed with Annual Sales
Figures in US$ Thousand for Years 2013 through 2020
(includes corresponding Graph/Chart) III-36

Table 76: Japanese Historic Review for Loudspeakers by
Product Segment - Pair Speakers, Satellite/Subwoofer
Speakers, Subwoofer Speakers, Soundbars, In-Wall Speakers,
Outdoor Speakers, and Other Speaker Markets Independently
Analyzed with Annual Sales Figures in US$ Thousand for
Years 2006 through 2012 (includes corresponding
Graph/Chart) III-37

Table 77: Japanese 15-Year Perspective for Loudspeakers by
Product Segment - Percentage Breakdown of Dollar Sales for
Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer
Speakers, Soundbars, In-Wall Speakers, Outdoor Speakers,
and Other Speakers for Years 2006, 2014 & 2020 (includes
corresponding Graph/Chart) III-38
Volume Analytics III-39
Table 78: Japanese Recent Past, Current & Future Analysis
for Loudspeakers by Product Segment - Pair Speakers,
Satellite/Subwoofer Speakers, Subwoofer Speakers,
Soundbars, In-Wall Speakers, Outdoor Speakers, and Other
Speaker Markets Independently Analyzed with Annual Sales
Figures in Thousand Units for Years 2013 through 2020
(includes corresponding Graph/Chart) III-39

Table 79: Japanese Historic Review for Loudspeakers by
Product Segment - Pair Speakers, Satellite/Subwoofer
Speakers, Subwoofer Speakers, Soundbars, In-Wall Speakers,
Outdoor Speakers, and Other Speaker Markets Independently
Analyzed with Annual Sales Figures in Thousand Units for
Years 2006 through 2012 (includes corresponding
Graph/Chart) III-40

Table 80: Japanese 15-Year Perspective for Loudspeakers by
Product Segment - Percentage Breakdown of Volume Sales for
Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer
Speakers, Soundbars, In-Wall Speakers, Outdoor Speakers,
and Other Speakers for Years 2006, 2014 & 2020 (includes
corresponding Graph/Chart) III-41

4. EUROPE III-42
A.Market Analysis III-42
Outlook III-42
Invisible Speakers Market Gains Popularity III-42
Demand for Portable Speakers on the Rise III-42
B.Market Analytics III-43
Value Analytics III-43
Table 81: European Recent Past, Current & Future Analysis
for Loudspeakers by Country/ Region - France, Germany,
Italy, United Kingdom, Spain, Russia and Rest of Europe
Markets Independently Analyzed with Annual Sales Figures in
US$ Thousand for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-43

Table 82: European Historic Review for Loudspeakers by
Country/Region - France, Germany, Italy, United Kingdom,
Spain, Russia and Rest of Europe Markets Independently
Analyzed with Annual Sales Figures in US$ Thousand for
Years 2006 through 2012 (includes corresponding
Graph/Chart) III-44

Table 83: European 15-Year Perspective for Loudspeakers by
Country/Region - Percentage Breakdown of Dollar Sales for
France, Germany, Italy, United Kingdom, Spain, Russia and
Rest of Europe Markets for Years 2006, 2014 & 2020
(includes corresponding Graph/Chart) III-45

Table 84: European Recent Past, Current & Future Analysis
for Loudspeakers by Product Segment - Pair Speakers,
Satellite/Subwoofer Speakers, Subwoofer Speakers,
Soundbars, In-Wall Speakers, Outdoor Speakers, and Other
Speaker Markets Independently Analyzed with Annual Sales
Figures in US$ Thousand for Years 2013 through 2020
(includes corresponding Graph/Chart) III-46

Table 85: European Historic Review for Loudspeakers by
Product Segment - Pair Speakers, Satellite/Subwoofer
Speakers, Subwoofer Speakers, Soundbars, In-Wall Speakers,
Outdoor Speakers, and Other Speaker Markets Independently
Analyzed with Annual Sales Figures in US$ Thousand for
Years 2006 through 2012 (includes corresponding
Graph/Chart) III-47

Table 86: European 15-Year Perspective for Loudspeakers by
Product Segment - Percentage Breakdown of Dollar Sales for
Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer
Speakers, Soundbars, In-Wall Speakers, Outdoor Speakers,
and Other Speakers for Years 2006, 2014 & 2020 (includes
corresponding Graph/Chart) III-48
Volume Analytics III-49
Table 87: European Recent Past, Current & Future Analysis
for Loudspeakers by Country/ Region - France, Germany,
Italy, United Kingdom, Spain, Russia and Rest of Europe
Markets Independently Analyzed with Annual Sales Figures in
Thousand Units for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-49

Table 88: European Historic Review for Loudspeakers by
Country/Region - France, Germany, Italy, United Kingdom,
Spain, Russia and Rest of Europe Markets Independently
Analyzed with Annual Sales Figures in Thousand Units for
Years 2006 through 2012 (includes corresponding
Graph/Chart) III-50

Table 89: European 15-Year Perspective for Loudspeakers by
Country/Region - Percentage Breakdown of Volume Sales for
France, Germany, Italy, United Kingdom, Spain, Russia and
Rest of Europe Markets for Years 2006, 2014 & 2020
(includes corresponding Graph/Chart) III-51

Table 90: European Recent Past, Current & Future Analysis
for Loudspeakers by Product Segment - Pair Speakers,
Satellite/Subwoofer Speakers, Subwoofer Speakers,
Soundbars, In-Wall Speakers, Outdoor Speakers, and Other
Speaker Markets Independently Analyzed with Annual Sales
Figures in Thousand Units for Years 2013 through 2020
(includes corresponding Graph/Chart) III-52

Table 91: European Historic Review for Loudspeakers by
Product Segment - Pair Speakers, Satellite/Subwoofer
Speakers, Subwoofer Speakers, Soundbars, In-Wall Speakers,
Outdoor Speakers, and Other Speaker Markets Independently
Analyzed with Annual Sales Figures in Thousand Units for
Years 2006 through 2012 (includes corresponding
Graph/Chart) III-53

Table 92: European 15-Year Perspective for Loudspeakers by
Product Segment - Percentage Breakdown of Volume Sales for
Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer
Speakers, Soundbars, In-Wall Speakers, Outdoor Speakers,
and Other Speakers for Years 2006, 2014 & 2020 (includes
corresponding Graph/Chart) III-54

4a. FRANCE III-55
A.Market Analysis III-55
Outlook III-55
Product Introductions/Innovations III-55
Recent Industry Activity III-55
Key Players III-56
B.Market Analytics III-57
Value Analytics III-57
Table 93: French Recent Past, Current & Future Analysis for
Loudspeakers by Product Segment - Pair Speakers,
Satellite/Subwoofer Speakers, Subwoofer Speakers,
Soundbars, In-Wall Speakers, Outdoor Speakers, and Other
Speaker Markets Independently Analyzed with Annual Sales
Figures in US$ Thousand for Years 2013 through 2020
(includes corresponding Graph/Chart) III-57

Table 94: French Historic Review for Loudspeakers by
Product Segment - Pair Speakers, Satellite/Subwoofer
Speakers, Subwoofer Speakers, Soundbars, In-Wall Speakers,
Outdoor Speakers, and Other Speaker Markets Independently
Analyzed with Annual Sales Figures in US$ Thousand for
Years 2006 through 2012 (includes corresponding
Graph/Chart) III-58

Table 95: French 15-Year Perspective for Loudspeakers by
Product Segment - Percentage Breakdown of Dollar Sales for
Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer
Speakers, Soundbars, In-Wall Speakers, Outdoor Speakers,
and Other Speakers for Years 2006, 2014 & 2020 (includes
corresponding Graph/Chart)