Indeed as A British Audiophile posted, "Auralic ceasing trading makes me question the viability of high-end streaming. What does Lumin have to offer to ensure it’s survival?"
So he reviewed the Lumin U2 Mini.
He mentioned he regularly talks to dealers and distributors and global sales of high end audio are simply not good, so the issue is globally, you can’t blame the U.S. tariffs on that, or at least not all of it.
Other manufacturers are successfully navigating the changing landscape of tariffs, so what happened to Auralic might be more of their own fault or own internal decisions.
But it is interesting and a bit scary that as he mentioned, the question is whether small niche manufacturers can sell enough product to make staying in business viable.
For every 1000 Bluesound Nodes or WiiM Ultras sold, maybe 3 (that’s a guess) higher end streamers are sold, I would at least contemplate.
With Auralic, Lumin, Innuos, and Volumio's Rivo being the "high end", I see mentioned on this forum most of the time, are there any others? I’d sure like a look at their balance sheets to see how healthy they are.
Competition is a good thing, pushing manufacturers to innovate and offer more for our money as time goes forward, but the market for anything is only so big. Not everyone coming to the table to sell things will make it.
It is similar in the rocket launch business. Right now, SpaceX, ULA, Blue Origin, and RocketLabUSA are the main providers, along with some offerings by the Indians and Japanese at competitive prices. But in the background, there are numerous startup providers trying to get into the game. But how large is the launch services market and can they go up against the established providers?
Just as with high end audio, time will tell.