Home Theater Getting Lift From Motorized Shades, Projector Sales: GIA
Wide-ranging technology including Dolby Atmos sound, short-throw projectors, ambient light rejecting screens, motorized window treatments, and large-screen TVs are bumping up the prospects of the home theater market, reported Global Industry Analysts Tuesday. The research firm projects a $49.9 billion…
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global home audio market by 2026, driven by surround sound and more affordable, sophisticated audio gear for movies, sports and music. Smart AV rooms are providing users with a universal remote for controlling connected appliances, and easy access to engaging content is driving demand for multi-speaker systems, including stand-alone and multi-driver sound bars, it said. It pegged the U.S. home audio market at $11.8 billion in 2021, for 36.2% of the global market. The combined sound bar regional market -- U.S., Canada, Japan, China and Europe -- reaching $5.7 billion in sales in 2020, is expected to pass $10 billion by 2026, it said.