How big is the Soundbar Market?

The Soundbar Market size is expected to reach USD 8.80 billion in 2024 and grow at a CAGR of 8.30% to reach USD 13.12 billion by 2029. Read More

What is the current Soundbar Market size?

In 2024, the Soundbar Market size is expected to reach USD 8.80 billion. Read More

Who are the key players in Soundbar Market?

Samsung Electronics, Bose Corporation, LG Electronics Inc, Onkyo Corporation and Polk Audio (DEI Holdings Inc.) are the major companies operating in the Soundbar Market. Read More

Which is the fastest growing region in Soundbar Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Soundbar Market?

In 2024, the Asia-Pacific accounts for the largest market share in Soundbar Market. Read More

What years does this Soundbar Market cover, and what was the market size in 2023?

In 2023, the Soundbar Market size was estimated at USD 8.13 billion. The report covers the Soundbar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Soundbar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Soundbar Market Share

Statistics for the 2023 & 2024 Soundbar market share, created by Mordor Intelligence™ Industry Reports. Soundbar share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Soundbar Industry

The soundbar market is highly competitive, with major global players like Polk Audio (DEI Holdings Inc.), Samsung Electronics Co. Ltd, Bose Corporation, LG Electronics Inc., Onkyo Corporation, and Sony Corporation. The companies are also making strategic partnerships and introducing new products to retain their position in the market. Technological advancements in the market are also bringing sustainable competitive advantage to companies.

June 2022 - Samsung Electronics launched its 2022 lineup of soundbars in India on World Music Day. The new product lineup has seven new soundbars, including the S-series and Q-series, both with Dolby Atmos. While the Samsung Q-series soundbars are made for Neo QLED and OLED TVs, the S-series comes with built-in Alexa support, DTS Virtual: X-Audio, and Dolby Atmos.
April 2022 - Sonos added a new small soundbar to its lineup and three new colors to its ultraportable Sonos Roam. The company introduced the Sonos Roam Bluetooth smart speaker in three elegant shades and the Sonos Ray, a tiny soundbar for small places.