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?

jtucker

@michaelspiellman I am not leaving a dime for my kids. When I die they will or will be well on their way to being very well established in life.

I am spending their inheritance on them know when they need it. Helping them buy their first homes, paid for their college, bought their first mid level audio system and when they need help or things come up I offer to help. 

Whatever is left will be given to my Church, Samaritans Purse and the local Humane Society. 

I think the International market is huge. Especially in Asia. Classical music is a big deal in China. There are more pianos in China now then there ever were in the West. I have noticed that most Audiophile brands are bought and sold on Ebay from all over the world.

Back in the early 80s, I worked for a small company where the owner was the Imperial Potentate of Shriners International. I clearly remember having a conversation about the decline in their membership.  His view was that over the decades, men had more options for spending their time compared to the past.  It seems like there is an element of this happening in the audiophile world.

Being "audiophile" ask for a minimal level of  artistic,literary and spiritual education which level had decreased in the West compared to traditional Eastern societies...

Technological training for industrial needs is not education which is about values....

 Then sophisticated musical forms are put more aside...

Sound quality had improved nowadays to a minimally satisfying acoustical threshold, his cost decreasing, then people consume the music from the programing media without being bothered about sound quality, when they are already  passed over this improved  minimal threshold ....

 

 Then a fool as myself who bother to ground his gear pieces at low cost to hear a jazz quartet or a chorus piece of music appear nuts, especially when observed from a phone camera in his dedicated acoustic room among tubes resonators of different kind...

If a person spoke about acoustics resonators we then  must put him in an asylum  ...Anybody speaking of the unexisting "soul" and of music meaning hierarchy will be isolated and  we will be protected by this mental disease by some injection for sure in the near future thanks to our oligarchs for this medical progress..

In a word the dimension of  the audiophile market depend of the definition of "audiophile" and  if i bought only peanuts cost gear, as i  did by budget limitation, am i an audiophile ?

 

Boomers got into audio because we didnʻt have home computers back then.  The hi-end hi-fi market has always been slow and small.  As we boomers pass on, the market will continue to shrink, but there will always be those who love it.

 

One big problem is that the audio manufacturers are not only competing with each other, theyʻre also competing with the used audio market.  If youʻre thinking of getting into the business, donʻt.