Stats don't lie but none of my kids or thier friends want anything with with wires.they don't have the disposable income especially in past 4 years.first kid under orange man 1.9% interest on the house next kid 7% on older less square footage.kid now masters degree can't get one too much money and youngest just grad college miffed she can't find one pays rent .told her to ask her oldest brother what his mortgage is? Less than her rent. Mmm .were old and going 6 feet under and not being replaced.enjoy the music while you can.
How large (or small) is the audiophile market?
Just curious, how big is the total market for audiophile hardware? There seem to be a lot of manufactures vying for a a small pool of potential buyers. I've read in places that as boomers age the market is shrinking. I don't know very many young people, but none that i do know are into it. Anyone have any idea what the total market size is?
- ...
- 97 posts total
high quality audiophile components is a niche market. How many $100,000 speakers are sold? How many Wadex pieces are sold? Very few. If you looked at the article, their premium products included: List of Top Premium Audio Companies Panasonic (Japan) Source: https://www.businessresearchinsights.com/market-reports/premium-audio-market-110100 I could be wrong but I don’t think is would be going to Volkswagen, Bose, pioneer, or Acura for my audio system. If you looked at the article, they claimed high end was for music, movies and gaming. I’m not sure but I don’t think I would find a pair of $800k Wilson’s for a gaming system. This is a hobby, a niche hobby, that very few people participate in. I think there are more $100k Porsches in our club than there are $100k amps in a 5 million population city. |
You don’t believe Pioneer/TAD is audiophile enough, eh? Well...Forget TAD and their six figure speakers... i have some relatively higher end PA from regular ol’ Pioneer that can smoke the daylights out of most apparently "high end" rigs (sonically). In fact, that’s the only rig on wheels i’d be happy to bring to a audiophiliac phallus measurement contest like axpona....., just to confuse everyone.
There’s a guy nearby where i live with the full KEF Reference system for his multichannel gaming, music, etc whatever that sounded rather immaculate to my ears. Let’s see, that’s around 25k for the front left/right speakers alone. Again, some apparently lowly hometheater working stiff ended up with something that killed so many ’experienced’ audiophiles around here sonically. So, never say never, i suppose...they may work up to it. On the same note, no one’s all that interested in that godforsakenly ugly incoherent naked Chronosonic emperor. Feel free to hang on to it by yourself. At least, the Magico equivalent had some other merits.
Here’s some of your answer... https://www.youtube.com/shorts/pRdcXfldd-k
|
KEF (U.K.) These are top end audio companies who can compete with anyone. BTW - to see where audio market is going head over to Head-fi. The fact that the RAAL 1995 Immanis ($10K headphones) are lusted after gear on Head-Fi tells me that cohort cares deeply about audio quality in an OCD way. When that younger cohort moves up in their careers and housing, I think they buy other audio gear. One big difference is that music (and audio reproduction) is no longer a central part of societies interest. This 70's audio joke would not register with today's younger generation (has me in stiches every time). |
Just for comparison - Rolex are reputed to make about a million watches a year and to hold 30 percent of the luxury watch market - so market size, about 3.5 million sales per year. I would hazard that there are a lot more luxury watch owners than audiophiles. I've posted here several times about the fact that the audiophile demographic is very imbalanced, gender-wise and shrinking. But the company demographic is ageing rapidly too so it my decline as the customer based does too. |
- 97 posts total