Market Share of Loudspeaker Industry
The loudspeaker market is fragmented as changing consumer demands push companies to innovate to attract more consumers. The competition in this market has intensified over the years, with companies launching a multitude of products to attract consumers. Some of the key players in the market are KEF, Bose Corporation, Sonance, Cerwin Vega, and Wharfedale.
In October 2022, Alta Audio revealed the availability of their newest product, the Reference Titanium Hestia II. The Titanium Hestia II retails for USD 37,500 in a high-gloss black onyx appearance and is a three-way floorstander featuring open-back D'Appolito drives and a 10-inch bottom woofer.
In October 2022, Electro-Voice unveiled the worldwide release of the EVERSE 8, revolutionary weatherproof battery-powered loudspeakers with Bluetooth sound and control suited for applications such as live performance, speaker reinforcement, audio streaming, DJs, musicians, production and rental firms, and more.
Loudspeaker Market Leaders
KEF
Bose Corporation
Sonance
Cerwin Vega
Wharfedale
*Disclaimer: Major Players sorted in no particular order
