About Boom Boxes
A boombox is an audio system typically capable of receiving radio PlayStations and playing recorded music. It is widely used for home entertainment, outdoor parties concerts, etc. The boomboxes are easily available in online stores as well as in offline stores according to their sizes and applications. The wireless Bluetooth boomboxes are hugely in demand among melophile from developing countries. But the high-cost availability of boomboxes might be the market hindrance.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
A large number of players exist in the global market who are targeting innovation of the product with better characteristics and quality of the product. The key vendors are anticipated to keep a strong position in the market during the forecast period and may create restraint for the Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SONY (Japan), Toshiba (Japan), Ematic (United States), Harman International Industries, Inc., Koninklijke Philips N.V. (Netherlands), Craig Electronics, Naxa Electronics, Inc. (United States), SuperSonic Inc. (United States), inMusic Brands, Inc (United States) and Mitashi Edutainment Pvt Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ION Audio (United States), Panasonic, JVC Kenwood and Pioneer.
Segmentation Overview
AMA Research has segmented the market of Global Boom Boxes market by Type (Cassette and CD Boombox, Docking Station Boombox, Satellite Radio Boombox and Wireless Boombox), Application (Home Entertainment, Concerts, Parties and Others) and Region.
On the basis of geography, the market of Boom Boxes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Online Stores will boost the Boom Boxes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connection, the sub-segment i.e. Wired will boost the Boom Boxes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In June 2022, Portronics launched a new TWS Boombox Speaker, Dash 12 in Indian Market. Dash 12 is the latest Bluetooth support speaker that also supports TWS and Karaoke mode. The newly launched speaker has twin drivers that provide 60 Watt of audio power as well as multi-room audio delivery.
On 6th February 2018, Harman International Industries Inc. launched JBL Boombox in India delivering hard-hitting bass, it offers 24 hours of playtime because of its long-lasting battery priced at INR 34,990. It’s also the biggest portable speaker available, weighing in at over 11 pounds (5.25 kg) and nearly 20 inches (50 cm) long. The speaker’s large frame is equipped with four active transducers and two bass radiators, providing powerful sound and bass in a substantial—but portable—package.
A New Jersey City law banned on use of boom boxes in public due to the noise complaints from residents. The new law forces boom box enthusiasts and music fans to keep it quiet enough so someone 50 feet away can't hear the noise.
Market Drivers
- Growing Demand for Portable Audio System in Music and Entertainment Industry
- Increasing Demand for High-Quality Music Systems for Residential Use
Opportunities
- Emerging Demand for Audio Systems from Melopile Across the World
Restraints
- High Volume Sound of BoomBoxes Might Lead to Ear Problems
- Expensive Availablity of BoomBoxes
Challenges
- It Comes With Excessively Bulky Charging Cables and Low Sound Quality of Some Types of Boomboxes
Key Target Audience
Boom Boxes Manufacturers, Boom Boxes International Traders, Boom Boxes Distributors and Suppliers, Research and Development Institutes, Upstream and Downstream Buyers, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.