What is Speaker Acoustic Cloth Market?
Speaker acoustic cloth (alternatively known as grill cloth, speaker fabric or acoustic cloth) is used to prevent airborne dust particles and to provide aesthetically appealing look to speakers. The use of speakers have been on the rise of late, fueled by growing automotive sales. Increasing speakers sales is leading to rise in demand for acoustic cloth used in it. Recently, there have been various advancements in acoustic clothing materials and use of durable and Eco-friendly materials are gaining traction.
The market study is being classified by Type (Soft Grills and Hard Grills) and major geographies with country level break-up.
Simply Speakers (United States), Mojotone (United States), Acoustone (United States), Wendell Fabrics Corporation (United States), Foshan Hongyu (China) and Taizhou Jinjue Mesh Screen (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Huahua Telecommunication Factory (China), Shenzhen Grand Technology Co., Ltd. (China), Jinjue Mesh Screen Co., Ltd. (China), Kailing Electronic Co., Ltd. (China), Samco Electronic Co., Ltd. (China) and Shenzhen High-Great Technology Co., Ltd (China).
Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Speaker Acoustic Cloth market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Speaker Acoustic Cloth market by Type, Application and Region.
On the basis of geography, the market of Speaker Acoustic Cloth 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Sales of Speakers Owing to Increased Disposal Income
- Focus on Aesthetic and Dust Protection of Speakers
Market Trend
- Use of Cost Effective and Durable Acoustic Cloths for Speakers
- Advent of New and Thinner Yet Durable Speaker Acoustic Cloth
Restraints
- Very Low Aftermarket Sales Owing to Low Replacement Rate
Opportunities
- Huge Demand for Speaker Acoustic Cloth in Automotive Sector
- Rising Sales of Speakers Containing Electronic Equipment as well as Bluetooth Speakers
Challenges
- Huge Market Penetration for Local Players
- Growing Counterfeit Sales of Speakers
Key Target Audience
Manufactures of Speaker Acoustic Cloth, Distributor/Suppliers, Raw Material Suppliers, Potential Investors, Market and Research Firms, Governments and Financial Institutions, Analysts and Strategic Business Planners and Others