Home Audio and Cinema in Spain - New Market Study Published
Fast Market Research recommends "Home Audio and Cinema in Spain" from Euromonitor International, now available
[ClickPress, Tue Mar 15 2016] Digital media player docks registered the highest growth in volume sales in 2015 at 5% as these products are the perfect complement for smartphones, allowing consumers to listen to music at home. Consumers can access the same music in one device and reproduce it with no need to have multiple devices. Digital media player docks do not need too much space and with a lower average unit price than Hi-Fi systems are an attractive product.
Panasonic, JVC and Philips hold the first three positions in the home audio and cinema category thanks to their expertise in this category. Sony fell into fourth position while LG Electronics is gaining more category share, which is set to lead to a change in company positioning over the forecast period.
Between 2015 and 2020 sales are expected to contract by a CAGR of 4% due mainly to declines in audio separates and speakers. However, products, such as digital media player docks and home cinema and speakers systems, will boost category sales, providing these products continue to adapt to consumer needs. For example, consumers will seek out products with a better looking design, a smaller size, Bluetooth, Wi-Fi and other features that make it possible for products to interact with other consumer devices.
Full Report Details at
Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Spain with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Home Audio and Cinema industry in Spain, our research will save you time and money while empowering you to make informed, profitable decisions.
The Home Audio and Cinema in Spain market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Home Audio and Cinema in Spain?
* What are the major brands in Spain?
* What is the growth rate for Home Cinema and Speaker Systems?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions
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