Global Blu-Ray Players Industry

Global Blu-Ray Players Industry

  • April 2021 •
  • 280 pages •
  • Report ID: 5961379 •
  • Format: PDF
Abstract:
- Global Blu-Ray Players Market to Reach $3.2 Billion by 2027
- Amid the COVID-19 crisis, the global market for Blu-Ray Players estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$3.2 Billion by 2027, growing at a CAGR of 13.6% over the analysis period 2020-2027. High Fidelity Pure Audio, one of the segments analyzed in the report, is projected to record a 12.4% CAGR and reach US$1.1 Billion 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 Advanced Video Coding High Definition segment is readjusted to a revised 13.2% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $380.8 Million, While China is Forecast to Grow at 18% CAGR
- The Blu-Ray Players market in the U.S. is estimated at US$380.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$627.6 Million by the year 2027 trailing a CAGR of 17.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.8% and 12.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.8% CAGR.
- 3D Segment to Record 14.5% CAGR
- In the global 3D segment, USA, Canada, Japan, China and Europe will drive the 13.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$190.6 Million in the year 2020 will reach a projected size of US$467.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$497.4 Million by the year 2027, while Latin America will expand at a 16.2% CAGR through the analysis period.

- Select Competitors (Total 37 Featured) -
  • Audio Partnership - Cambridge Audio
  • Koninklijke Philips NV
  • LG Electronics, Inc.
  • Magnavox
  • Panasonic Corporation of North America
  • Samsung Electronics Co., Ltd.
  • Sony Corporation
  • Toshiba Corporation