The soundbar market is anticipated to witness a remunerative growth trend owing to the product’s best sound performance and various ongoing technological advancements. A soundbar is a slim, usually oblong-shaped equipment containing various individual speakers which are placed side by side. These can be placed flat on the TV stand or can be mounted on the wall beneath the TV.

A soundbar is the simplest way of enhancing the sound on the TV. They usually take up little space and are easy to set up. In comparison to sound quality these are much better and are preferred rather than TV speakers. Most of the soundbars tend to have separate woofers and tweeters handling high and low sounds.

Since TVs nowadays have become thinner, there is thus very less room in the bezels to hide the speakers. Also, some of the manufacturers of TV assume that the customer would buy a soundbar, therefore a few TV models will not have built-in speakers which in turn will lead to high product demand.

The most important thing to keep in mind while buying a soundbar is to have a clear picture of which model to buy. Soundbars come in different shapes and sizes and choosing the right model would be more beneficial than unpacking a model which fails to fit the TV and its stand. The other consideration is to know the difference between active and passive soundbars.

There are two major types of soundbars namely active and passive. Active type soundbars come with built-in amplifiers. Some of the active soundbar models also have advanced surround processing creating a faux-surround sound from the particular soundbar. Passive type soundbars are more conventional type of speakers requiring a different receiver. It also acts as a main hub for the whole audio/video system.

Apart from the above, one could also go in for soundbars with Bluetooth connectivity. This one feature can enable consumers to play their favorite tunes by connecting from tablets or smartphones. The last option the customers could go for is to enable a subwoofer to make the sound system more efficient.

Soundbar market is segmented in terms of type, distribution channel, and regional landscape.

With respect to type, the soundbar market is classified into 7.1 channel, 5.1 channel, 2.1 channel, and others. Among these, the others segment recorded a market share of around 16% in 2019 as it improves home theater experience with relatively lower cost than 5.1 channel soundbars.

Based on distribution channel, the soundbar market is categorized into online and offline. Among these, the offline distribution channel is likely to witness a CAGR of more than 3% over the forecast timeframe as demand for offline distribution channel is more in APAC region.

From a regional frame of reference, Middle East & Africa soundbar market will witness a CAGR of more than 1% through the projected timeframe due to increased urbanization in the region along with high purchasing power of consumers.