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Global 3D Audio Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global 3D Audio Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global 3D Audio Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 22 Aug 2020
  • Report ID: ICT&S 0073
  • Pages:194
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

3D Audio Market is anticipated to rise at a value CAGR of 16.6% over 2019-2028. According to a study published by Insure Insights on the 3D Audio Market, 3D audio effects are a collection of sound effects that control the sound produced by stereo speakers, surround-sound speakers, headphones speaker-arrays. It involves the virtual placement of sound sources anywhere in three-dimensional space. The Advances like Virtual reality and augmented reality have driven the market growth.

Top Driver: The sure in the use of 3D Audio in the End Use industry is driving the growth

The 3D Audio have widely been used by the End User industry for Commercial use, The Industries like gaming, cinemas, music, and automobiles, are the leading industries widely adopting to this technology so as to improve the overall sound experience and real-life visualization experience of customers. The demand for 360-degree film, live events, home cinemas, and headphones have further boosted the market growth. The adoption of the use of 3D soundscapes in smartphones, gaming devices, and TV sets and the recent product launches and developments by the key industry players have propelled the market revenue.

The increased demand for 3D Audio in Movies and Entertainment has contributed highly to the Market Growth

In terms of the End User segment, Commercial use has obtained the most significant growth in the 3D Audio Market, due to the rise in the demand for 3D audio systems in the Media and entertainment industry. 3D Audio has also found its application in government activities like the aerospace and defense. The advent of 3D video technologies has adopted the use of 3D Audio and thus has driven the market growth. The rise in the popularity of 3D Audio in the animated movies has further fueled the overall market growth.

Based on the Component segment hardware due to the rise in the demand for headphones, increased in the manufacturing of 3D capability in build headphones have driven the demand of the hardware segment The rise in the investment activities related with headphones, and the surging demand for digital sound solutions has further boosted the overall market growth

North America to Rule the global 3D Audio Market owing to the presence of the Key Players  

The presence of the key Vendors like Dolby Laboratories, Comhear, and technological advances like IoT (Internet of Things) in the region has propelled the regional market revenue. The rise in the popularity of Wi-fi, NC, Bluetooth have further boosted the market.  Asia Pacific is expected to rise at the highest CAGR due to the increase in the demand for 3D Audio in the entertainment industry, which has significantly improved the Asia Pacific Market. The rise in the popularity of Media and Entertainment among the people in the Asia Pacific, especially in countries like China, India have further driven regional growth. The increase in investment in media and entertainment has escalated the regional growth.

Strategic collaborations, Mergers, Partnerships are the major strategies of the competitors

The competitors of the 3D Audio Market are fragmented. The competitors focus on Mergers, collaborations, Partnerships; these are the strategies used by them for the overall growth. The key competitors of the global 3D Audio Market are Qualcomm, Sennheiser,, Røde Microphones, Roland Corporation, DTS, Dolby Laboratories, Barco, Terma A/S Garmin Ltd., 3D Sound Labs, Waves Audio, and Comheara

Qualcomm: Qualcomm is a giant competitor of the 3D Audio Market; for instance, in June 2018, Qualcomm had announced the agreement of merger with NXP Semiconductor and has also received approval by the Chinese regulators. This merger deal was made for USD 44 billion.  This merger was done to strengthen both companies’ portfolios.

Barco.: Barco is one of the Key Competitors of the 3D Audio Market, in October 2019, Barco had announced the Partnerships agreement with Unfilming, they are a well-known LED manufacturer based in China. This Collaboration was made by as  it would be beneficial for for LED video markets success

 Scope of the Report

By Component

  • Hardware
  • Software
  • Services

By End User

  • Residential
  • Commercial

By Region

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Smart Greenhouse Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Smart Greenhouse Market -Industry Snapshots

6.1             Overview

6.1.1          Global Smart Greenhouse Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Smart Greenhouse Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Smart Greenhouse Market- By Type

7.2.1          Smart Greenhouse Market- Hydroponics

7.2.2          Smart Greenhouse Market- Non-hydroponics

Chapter 8           Global Smart Greenhouse Market Analysis, by Component

8.1             Overview

8.2             Key Findings for Smart Greenhouse Market- By Component

8.2.1          Smart Greenhouse Market- HVAC Systems

8.2.2          Smart Greenhouse Market- LED Grow Lights

8.2.3          Smart Greenhouse Market- Control Systems & Sensors

Chapter 9           Global Smart Greenhouse Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Smart Greenhouse Market- By End User

9.2.1          Smart Greenhouse Market- Retail Gardens

9.2.2          Smart Greenhouse Market- Commercial Growers

9.2.3          Smart Greenhouse Market- Research & Educational Institutes

9.2.4          Smart Greenhouse Market- Others

Chapter 10       Smart Greenhouse Market Analysis by Region

10.1           Key Findings for Smart Greenhouse Market- By region

10.2           Overview

10.2.1       Global Smart Greenhouse Market Analysis, By Type, 2019 – 2028

10.2.2       Global Smart Greenhouse Market Analysis, By Component, 2019 – 2028

10.2.3       Global Smart Greenhouse Market Analysis, By End User, 2019 – 2028

10.3           Smart Greenhouse Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Type

10.3.6       North America Market, By Component

10.3.7       North America Market, By End User

10.4           Smart Greenhouse Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Type

10.4.8       Europe Market, By Component

10.4.9       Europe market by, End User

10.5           Smart Greenhouse Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Type

10.5.7       Asia Pacific Market, By Component

10.5.8       Asia Pacific Market, By End User

10.6           Smart Greenhouse Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Type

10.6.6       South America, Middle East and Africa Market, By Component

10.6.7       South America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Nexus Corporation

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Argus Control Systems Limited

12.3           Certhon

12.4           Rough Brothers, Inc.

12.5           GreenTech Agro LLC

12.6           Netafim

12.7           Sensaphone

12.8           Cultivar Ltd.

12.9           Heliospectra AB

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

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