This luxury audio market report provides an updated outlook for global developments in high-end audio equipment. Devices covered include loudspeakers, two-channel amplifiers, turntables, multichannel amps, receivers and sound processors, soundbars, headphones and wireless speakers.
The methodology involved a combination of leveraging in-house market figures and expertise, and original research with vendors and channel partners operating within the global luxury audio equipment market.
The report provides a strategic framework for any enterprise with an interest in the home premium audio equipment market.
Market Trends:
The global luxury audio market contracted by 4.7% in 2024, with unit volumes declining to 538,000 and retail value reaching USD 2.8 billion.
- This marks a second consecutive year of decline, as macroeconomic and geopolitical pressures continued to weigh on consumer sentiment and purchasing behaviour. Inflationary headwinds persisted throughout the year, particularly impacting demand for more affordable luxury audio products. Simultaneously, low consumer confidence constrained spending on high-value investments such as home renovations and new-build projects-key drivers for premium stereo and home theatre systems.
- Geopolitical instability, including ongoing conflicts in Ukraine and the Middle East, further exacerbated market uncertainty. Even among affluent consumers, caution prevailed, with many adopting more conservative spending habits in response to perceived economic risks.
Areas Explored:
- An updated outlook for the worldwide luxury audio market
- Market size in units and retail value from 2020 to 2026
- Market segmentation by equipment type in volume and value
- Major market players and their market shares by volume and value
- Average retail prices
- Market commentary relating to market trends and forecast assumptions.
Did you know?
Futuresource has been tracking, researching and consulting on the CE landscape for the last 30 years. This publication is one in a series of research reports, produced to provide businesses with a fully-rounded view of the market.
Any business operating within the home audio space and related sectors will benefit from this report, particularly:
- Manufacturers and their suppliers
- Intermediaries and supply chain
- Retailers
- CE market strategists, marketing and sales professionals
- Investors
Table of Contents
- Comprehensive PDF report
- Executive summary
- Impact of socio-economic developments
- Market overview and outlook
- Regional breakdown
- High-fidelity audio equipment
- Individual product category outlook
- Loudspeakers
- 2-channel amplifiers
- Turntables
- Multichannel amps, receivers and sound processors
- Soundbars
- Headphones
- Wireless speakers