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The global volume in the 'Stereo Speakers' segment of the consumer electronics market was forecast to continuously increase between 2024 and 2029 by in total 51.2 million pieces (+20.46 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 301.49 million pieces and therefore a new peak in 2029.

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Volume of stereo speakers Worldwide 2019-2029 (in million units)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Stereo speakers are typically used for music listening, home theater systems, and computer audio, among other applications. The two speakers in a stereo system are placed in different locations to create a sense of spatial separation and create a more immersive listening experience.

Additional information:

The market comprises revenue, average revenue per capita, volume, average volume per capita and price. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies such as Bose, Sennheiser, and Bang & Olufsen. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.

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