Home Audio Equipment Sales

Home Audio Equipment Sales Market Outlook

The global home audio equipment market is projected to reach approximately USD 60 billion by 2035, growing at a Compound Annual Growth Rate (CAGR) of around 8% during the forecast period. This growth is largely driven by the increasing consumer preference for high-quality audio experiences in residential and commercial settings, as well as the rise in disposable income that allows consumers to invest in premium audio equipment. Moreover, the proliferation of smart technology and the integration of features such as wireless connectivity, voice control, and compatibility with smart home devices are enhancing the appeal of home audio systems. The growing trend of home entertainment, particularly in the wake of the COVID-19 pandemic, further fuels demand as consumers seek to enhance their audio experience while spending more time at home. Additionally, innovations in technology and design are leading to a broader variety of options for consumers, further boosting market growth.

Growth Factor of the Market

Several factors are propelling the growth of the home audio equipment market. The rising adoption of smart home devices, including speakers and audio systems that can be easily integrated with other smart devices, is one of the primary growth drivers. As consumers increasingly seek seamless connectivity and customizable audio experiences, manufacturers are innovating to create products that meet these demands. Additionally, the trend towards home theater systems is gaining traction, fueled by the increasing consumption of streaming services that provide high-quality audio and video content. Moreover, as urbanization continues to rise globally, more people are investing in home entertainment solutions to enhance their living spaces. The growth of e-commerce has also played a significant role, making it easier for consumers to access a wide range of audio equipment at competitive prices. Lastly, the growing emphasis on sound quality and acoustics in residential settings is prompting consumers to invest in premium audio equipment, providing a substantial boost to the market.

Key Highlights of the Market

• Projected market size of USD 60 billion by 2035, indicating robust growth potential.
• CAGR of 8% anticipated, driven by technological advancements and consumer demand.
• Strong inclination towards smart audio devices that offer advanced features and connectivity.
• Increased focus on enhancing home entertainment systems, particularly for streaming services.
• Emergence of e-commerce platforms facilitating greater accessibility to home audio products.

By Product Type

Speakers:

Speakers are a fundamental component of the home audio equipment market, and they come in various configurations, including bookshelf, floor-standing, and portable options. The demand for speakers is primarily driven by their versatility and ability to produce superior sound quality. Innovations in speaker technology, such as wireless functionality, Bluetooth connectivity, and multi-room capabilities, are making them increasingly appealing to consumers. Additionally, the growing trend of home theater systems is boosting the sales of surround sound speakers that provide an immersive listening experience. With the increasing popularity of streaming platforms and high-definition content, consumers are more inclined to invest in high-quality speakers that enhance their audio experience. Furthermore, the rising trend of home decorating is leading to an increased focus on aesthetic designs of speakers, prompting brands to produce stylish options that blend well with home interiors.

Amplifiers:

Amplifiers play a crucial role in enhancing audio output by boosting the audio signal, making them essential for high-quality sound systems. The increasing popularity of high-fidelity audio systems, particularly among audiophiles, is driving demand for advanced amplifiers that can deliver superior sound quality. They are often used in conjunction with various audio equipment, including speakers and receivers, to create powerful sound experiences. Manufacturers are focusing on creating amplifiers with features that cater to the evolving preferences of consumers, such as integrated streaming capabilities and compatibility with smart home systems. Additionally, the trend towards DIY audio setups has led many enthusiasts to invest in high-quality amplifiers to customize their home audio systems, further driving sales. As consumers continue to seek richer audio experiences for entertainment, the amplifier segment of the market is expected to thrive.

Receivers:

Receivers serve as the central hub of home audio systems, connecting various audio sources such as TVs, streaming devices, and gaming consoles. The growing trend of multi-room audio systems is significantly driving the demand for advanced receivers, enabling users to control audio in different spaces seamlessly. Modern receivers are increasingly equipped with features such as Wi-Fi connectivity, Bluetooth support, and voice control compatibility, which are appealing to tech-savvy consumers. As the home entertainment landscape evolves, consumers are seeking ways to streamline their audio setups, making receivers a vital component in achieving an integrated audio solution. Moreover, as home theaters become more popular, the demand for high-performance receivers that can support multiple audio channels is expected to increase, fueling growth in this segment.

Soundbars:

Soundbars have gained immense popularity as an efficient solution to enhance audio quality in home entertainment systems, especially for those with limited space. With their sleek design and relatively simple setup, soundbars provide an accessible way to upgrade audio performance without the need for a complete surround sound system. Many consumers appreciate the convenience of soundbars, particularly those equipped with wireless capabilities and built-in smart features. Additionally, advancements in soundbar technology, such as Dolby Atmos and DTS:X compatibility, are enhancing their appeal by delivering immersive sound experiences. The increasing consumption of streaming video content and gaming is driving consumers to seek better audio solutions, further boosting the demand for soundbars in both residential and gaming setups. As a result, this product type is expected to see continued growth in the home audio equipment market.

Subwoofers:

Subwoofers are designed to reproduce low-frequency sounds, providing depth and richness to music and film audio. The growing interest in home theater systems and high-fidelity audio setups is driving demand for subwoofers, as consumers seek to recreate the cinematic experience in their homes. Subwoofers enhance the overall audio experience by delivering powerful bass, which is essential for genres like hip-hop, electronic, and action films. With technological advancements, many modern subwoofers are designed to integrate seamlessly with other audio components, offering wireless options and sophisticated control features. Additionally, the rising trend of music production and DJing at home is further stimulating the demand for quality subwoofers, as both casual listeners and professional users seek to elevate their sound experience. Therefore, the subwoofer market segment is poised for significant growth as consumers continue to invest in premium audio equipment.

By Application

Residential:

The residential segment constitutes a substantial portion of the home audio equipment market, driven by consumers' increasing desire to enhance their home entertainment experiences. As more people invest in home theaters, surround sound systems, and high-quality audio setups, the demand for audio equipment tailored for residential use is surging. With the proliferation of streaming services, consumers are seeking audio solutions that can complement their content consumption habits, leading to a rise in the purchase of soundbars, speakers, and amplifiers designed for home use. Additionally, the growing trend of remote work has prompted individuals to create comfortable and enjoyable home environments, fueling interest in high-quality audio systems that can provide leisure and relaxation. Furthermore, advancements in smart home technology are making it easier for consumers to integrate audio systems with other devices, enhancing convenience and control over their audio experiences.

Commercial:

The commercial application segment is witnessing robust growth as businesses increasingly recognize the importance of quality audio in enhancing customer experiences. Establishments such as restaurants, retail stores, and entertainment venues are investing in audio equipment to create inviting environments and improve brand engagement. The demand for audio systems that can deliver clear sound for announcements, background music, and events is driving sales in this segment. Moreover, the rise of corporate events and conferences is requiring advanced audio solutions that ensure effective communication and audience engagement. As businesses focus on creating engaging atmospheres to attract customers, the need for professional audio solutions that can cater to diverse settings is becoming paramount. Innovations in audio technology, such as wireless systems and multi-room solutions, are further encouraging businesses to upgrade their audio equipment, facilitating continued growth in this segment.

By Distribution Channel

Online Stores:

Online stores have emerged as a prominent distribution channel for home audio equipment, providing consumers with the convenience of shopping from the comfort of their homes. The rise of e-commerce platforms has made it easier for consumers to access a wide variety of audio products, compare prices, and read reviews before making a purchase. Moreover, online retailers often offer competitive pricing and exclusive deals, attracting budget-conscious consumers. The COVID-19 pandemic accelerated the shift towards online shopping, leading more consumers to explore digital options for purchasing audio equipment. Enhanced logistics and delivery services have further improved the online shopping experience, ensuring timely deliveries and easy returns. As consumers increasingly embrace the convenience of online shopping, this distribution channel is expected to maintain its strong growth trajectory in the home audio equipment market.

Specialty Stores:

Specialty stores remain a vital distribution channel for home audio equipment, catering to consumers who seek expert advice and personalized service when purchasing audio products. These stores often carry a curated selection of high-quality audio equipment and offer knowledgeable staff who can assist customers in finding the right products for their specific needs. The hands-on experience of testing audio equipment before purchase is a significant advantage of specialty stores, allowing consumers to evaluate sound quality and performance in real-time. Furthermore, specialty retailers often host events and demonstrations to showcase the latest audio technology, enhancing customer engagement and loyalty. As consumers become more discerning about audio quality, the demand for specialized retail experiences is likely to continue growing, ensuring the relevance of specialty stores in the audio equipment market.

Hypermarkets/Supermarkets:

Hypermarkets and supermarkets serve as an additional distribution channel for home audio equipment, providing consumers with the convenience of one-stop shopping. These large retail outlets often feature dedicated electronics sections, where consumers can find a range of audio products, from budget-friendly options to premium models. The advantage of purchasing from hypermarkets and supermarkets lies in their accessibility, as they are usually located in high-traffic areas and draw a diverse customer base. Promotional campaigns and discounts offered in these stores also attract shoppers looking for value. While the selection may not be as extensive as that found in specialty stores or online, hypermarkets and supermarkets continue to play a role in the home audio equipment market by providing easy access to popular audio products.

Electronics Stores:

Electronics stores are a crucial distribution channel for home audio equipment, offering a wide range of audio products and the opportunity for consumers to explore the latest technology. These retail outlets often feature dedicated audio sections where customers can review and compare different brands and models. The knowledgeable staff in electronics stores can provide valuable insights and recommendations, helping consumers make informed purchasing decisions. Additionally, many electronics retailers provide demo areas where customers can listen to the audio equipment in action, enhancing the shopping experience. With the continuous advancements in audio technology, electronics stores are vital for showcasing new products and innovations, making them a key player in the home audio equipment market.

By Price Range

Low-Range:

The low-range price segment caters to budget-conscious consumers seeking affordable audio solutions without sacrificing essential quality. This segment is characterized by a variety of entry-level products, including basic speakers, soundbars, and portable audio devices. As more individuals seek to enhance their audio experience at home, low-range products are appealing to students, young professionals, and families looking for practical solutions. Manufacturers in this segment focus on providing attractive features and decent audio performance at competitive prices, often leading to high sales volume. The increased accessibility of budget-friendly audio equipment has democratized audio experiences, allowing more people to enjoy improved sound quality in their homes and contributing to the market's growth.

Mid-Range:

The mid-range price segment is experiencing significant growth as consumers are increasingly willing to invest in higher-quality audio products that offer enhanced performance and features. Mid-range audio equipment, such as surround sound systems and advanced soundbars, often provides better sound quality and durability compared to low-end options. This segment appeals to a diverse demographic, including tech enthusiasts and casual listeners who appreciate quality audio without breaking the bank. Manufacturers cater to this market by offering innovative technologies, stylish designs, and advanced features such as wireless connectivity and smart compatibility. As consumers seek to balance quality and affordability, the mid-range segment is likely to see continued expansion in the home audio market.

High-Range:

The high-range price segment targets audiophiles and consumers who prioritize premium audio experiences, often investing in top-of-the-line equipment that delivers exceptional sound quality and advanced capabilities. This segment includes high-end speakers, amplifiers, and home theater systems designed for serious music lovers and movie enthusiasts. The high-range products are typically characterized by superior engineering, premium materials, and cutting-edge technology, which enhance the overall listening experience. As consumers become more discerning about audio quality and seek out immersive sound experiences, the demand for high-end audio equipment is expected to rise. The growth of this segment reflects a broader trend towards premiumization in consumer electronics, where individuals are willing to invest in products that provide long-term value and satisfaction.

By Region

The North American region is a significant contributor to the home audio equipment market, accounting for nearly 35% of the global market share. The demand for audio equipment in this region is driven by the high disposable income of consumers and a strong inclination towards home entertainment systems. The growing trend of smart home technology integration has further accelerated the adoption of advanced audio solutions, such as smart speakers and multi-room audio systems. With major players establishing a strong presence in North America and continuous innovations in audio technology, the region is expected to maintain its leading position in the market. Additionally, a forecasted CAGR of around 7% indicates robust growth potential in this region as consumer preferences continue to evolve.

In Europe, the home audio equipment market is rapidly expanding, currently representing approximately 30% of the global market share. The region's demand for audio products is fueled by a growing consumer preference for high-quality audio experiences and innovative audio solutions. The rise of streaming services and an increasing interest in home theater systems are contributing to the growing investment in audio equipment among European consumers. Moreover, the shift towards eco-friendly and energy-efficient audio products is gaining momentum, as manufacturers are focusing on sustainability in their offerings. As European consumers continue to seek premium audio experiences, this region is projected to witness a steady CAGR of around 6% during the forecast period.

Opportunities

The home audio equipment market presents numerous opportunities for manufacturers and retailers to capitalize on evolving consumer preferences and technological advancements. One significant opportunity lies in the integration of audio equipment with smart home technologies. As more consumers adopt smart home devices, the demand for audio systems that seamlessly integrate with these technologies is expected to rise. Companies that focus on developing products with enhanced connectivity, compatibility with voice assistants, and user-friendly interfaces can capture a larger share of the market. Additionally, as consumers increasingly prioritize the quality of their audio experiences, there is a growing demand for high-end premium products that deliver superior sound quality. This trend presents an opportunity for manufacturers to innovate and create cutting-edge products that cater to audiophiles and discerning consumers.

Another notable opportunity exists in the commercial sector, where businesses are recognizing the importance of quality audio in enhancing customer experiences. Retailers, restaurants, and entertainment venues are investing in audio systems to create engaging environments that attract and retain customers. This demand for professional audio solutions presents a lucrative opportunity for companies to develop specialized products tailored to commercial applications. Furthermore, the rise of online shopping and e-commerce platforms provides an avenue for retailers to expand their reach and connect with a broader customer base. By establishing a robust online presence, audio equipment manufacturers can leverage the growing trend of digital shopping to drive sales and brand awareness. As the market continues to evolve, companies that can adapt to these emerging opportunities will be well-positioned for success.

Threats

Despite the promising growth prospects of the home audio equipment market, several threats could pose challenges to its expansion. Intense competition among manufacturers can lead to price wars, negatively affecting profit margins and overall market stability. Many companies are vying for market share, resulting in a crowded landscape where differentiating products becomes increasingly challenging. Additionally, the rapid pace of technological advancements means that products can quickly become outdated, requiring manufacturers to continuously invest in research and development to stay competitive. Consumer preferences are also shifting rapidly, and brands that fail to keep up with evolving trends may struggle to maintain market relevance. Furthermore, economic downturns or fluctuations in consumer spending can adversely impact discretionary purchases, such as home audio equipment, creating uncertainty in the market.

Moreover, the growing trend of DIY audio solutions can also pose a challenge to traditional audio equipment manufacturers. Consumers are increasingly seeking customizable audio setups that allow them to select individual components rather than purchasing pre-packaged systems. This trend may pressure established brands to reassess their product offerings and pricing strategies. Additionally, issues related to product quality and reliability can undermine trust in the brand, especially in a market where consumers place a high value on audio performance. As such, companies need to prioritize quality assurance and customer satisfaction to mitigate these threats effectively. Overall, addressing these challenges will be crucial for maintaining a healthy and sustainable home audio equipment market.

Competitor Outlook

• Sonos Inc.
• Bose Corporation
• Bang & Olufsen
• Yamaha Corporation
• Sony Corporation
• Samsung Electronics Co., Ltd.
• Pioneer Corporation
• Apple Inc.
• Harman International
• JBL (a subsidiary of Harman)
• Denon (a subsidiary of Sound United)
• Onkyo Corporation
• LG Electronics Inc.
• Polk Audio (a subsidiary of Sound United)
• Vizio Inc.

The competitive landscape of the home audio equipment market is characterized by a mix of established brands and emerging players, all vying for market share in a rapidly evolving environment. Prominent companies like Sonos, Bose, and Yamaha have solidified their positions through decades of expertise in audio technology and strong branding. These companies continuously innovate their product lines to offer advanced features, such as wireless connectivity and compatibility with smart home devices, which resonate with the tech-savvy consumer base. Similarly, major players like Sony and Samsung leverage their vast distribution networks and robust marketing strategies to capture consumer attention and enhance brand visibility. The competition is further intensified by the emergence of new entrants that offer disruptive audio solutions, often at competitive prices, challenging established brands to adapt to changing market dynamics.

To maintain a competitive edge, companies are focusing on continuous product innovation, enhancing customer experiences, and leveraging data analytics to understand consumer trends better. The emphasis on premium audio products is also driving companies to invest in high-quality materials and advanced technologies to improve sound performance. Additionally, collaborations with streaming services and partnerships with device manufacturers are facilitating the development of integrated audio solutions that provide seamless connectivity options for consumers. As companies navigate these competitive pressures, they must also prioritize sustainability and eco-friendliness in their product offerings to meet the growing demand for environmentally responsible solutions.

Major companies such as Bang & Olufsen and Harman International are setting industry standards by delivering high-end audio solutions that appeal to discerning consumers. Bang & Olufsen is renowned for its luxury audio products that combine exquisite design with exceptional sound quality. The company emphasizes craftsmanship, using premium materials and innovative engineering to create captivating audio experiences. Harman International, on the other hand, is known for its diverse portfolio that caters to both consumer and professional markets. With well-established brands like JBL and AKG under its umbrella, Harman has positioned itself as a leader in audio technology and innovation. By focusing on advanced sound technologies and expanding their product lines, these companies are poised to maintain their stronghold in the growing home audio equipment market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Apple Inc.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Sonos Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Vizio Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Bang & Olufsen
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Bose Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Sony Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Onkyo Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Yamaha Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 LG Electronics Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Pioneer Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Harman International
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 JBL (a subsidiary of Harman)
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Samsung Electronics Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Denon (a subsidiary of Sound United)
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Polk Audio (a subsidiary of Sound United)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Home Audio Equipment Sales Market, By Application
    • 6.1.1 Residential
    • 6.1.2 Commercial
  • 6.2 Home Audio Equipment Sales Market, By Price Range
    • 6.2.1 Low-Range
    • 6.2.2 Mid-Range
    • 6.2.3 High-Range
  • 6.3 Home Audio Equipment Sales Market, By Product Type
    • 6.3.1 Speakers
    • 6.3.2 Amplifiers
    • 6.3.3 Receivers
    • 6.3.4 Soundbars
    • 6.3.5 Subwoofers
  • 6.4 Home Audio Equipment Sales Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Specialty Stores
    • 6.4.3 Hypermarkets/Supermarkets
    • 6.4.4 Electronics Stores

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Home Audio Equipment Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Home Audio Equipment Sales market is categorized based on

By Product Type

• Speakers
• Amplifiers
• Receivers
• Soundbars
• Subwoofers

By Application

• Residential
• Commercial

By Distribution Channel

• Online Stores
• Specialty Stores
• Hypermarkets/Supermarkets
• Electronics Stores

By Price Range

• Low-Range
• Mid-Range
• High-Range

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Sonos Inc.
• Bose Corporation
• Bang & Olufsen
• Yamaha Corporation
• Sony Corporation
• Samsung Electronics Co., Ltd.
• Pioneer Corporation
• Apple Inc.
• Harman International
• JBL (a subsidiary of Harman)
• Denon (a subsidiary of Sound United)
• Onkyo Corporation
• LG Electronics Inc.
• Polk Audio (a subsidiary of Sound United)
• Vizio Inc.