Wireless Speaker Market Outlook – 2027

      The global speaker market size is expected to reach $233,274.5.0 million in 2027, from $39,576.5 million in 2019, growing at a CAGR of 30.5% from 2020 to 2027. As a transducer device that converts electrical signals into acoustic signals, speakers are widely used in people's daily life. With the development of China's speaker industry, China has become one of the world's major speaker exporters. The number of China's speaker exports is far greater than the number of imports. According to China Customs data: in 2021, the number of China's speaker exports will be 434.02 million, and the export value will be 7,631.47 million US dollars ; The import quantity is 13.57 million, and the import value is 534.92 million US dollars.

      From the perspective of the average import and export price, the average import price of Chinese speakers is much higher than the average export price. Since 2018, the average import price of Chinese speakers has continued to decline, and the gap with the average export price has been shrinking. In 2021, the average export price of Chinese speakers is only $17.58. / piece, the average import price is 39.42 US dollars / piece, the difference is 21.84 US dollars / piece.

      According to the Chinese customs code, speakers mainly include single-speaker speakers and multi-speaker speakers. The export of single-speaker speakers is the main one, and the number of them has been on the rise in recent years, but the export value is not. In 2021, China will export 326.32 million single-speaker speakers, with an export value of US$3,590.99 million; the export volume of multi-speaker speakers will be 107.7 million, with an export value of US$4,040.48 million.

      Among them, most of the shares are for office use, especially the audio equipment used by computers, which is more in line with the needs of current office users. Whether it is an office meeting, a customer video conference or a family event, it is more suitable for compact and lightweight purposes. If it is for office use, then the WS-6 dual speakers allow you to experience the joy of 360-degree surround sound.