Global Waterproof Speakers Industry

Global Waterproof Speakers Industry

  • September 2020 •
  • 184 pages •
  • Report ID: 5960473 •
  • Format: PDF
Global Waterproof Speakers Market to Reach US$506.2 Million by the Year 2027

Amid the COVID-19 crisis, the global market for Waterproof Speakers estimated at US$367.6 Million in the year 2020, is projected to reach a revised size of US$506.2 Million by 2027, growing at a CAGR of 4.7% over the period 2020-2027.Bluetooth, one of the segments analyzed in the report, is projected to grow at a 5.5% CAGR to reach US$275 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wi-Fi segment is readjusted to a revised 3.8% CAGR for the next 7-year period. This segment currently accounts for a 48.6% share of the global Waterproof Speakers market.

The U.S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 7.3% CAGR for the Period of 2020-2027

The Waterproof Speakers market in the U.S. is estimated at US$106.4 Million in the year 2020. The country currently accounts for a 28.94% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$88.9 Million in the year 2027 trailing a CAGR of 7.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR while Rest of European market (as defined in the study) will reach US$88.9 Million by the year 2027.We bring years of research experience to this 6th edition of our report. The 184-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Abco Tech
  • Adesso, Inc.
  • Aduro Products
  • Bose Corporation
  • HARMAN International
  • Kohler Company
  • LIXIL Group Corporation
  • Logitech
  • Panasonic Corporation
  • Sony Corporation