Press release
Automotive Premium Audio System Market With Top Companies Bose, Bowers & Wilkins, Harman, Klipsch Audio
Automotive Premium Audio System
The Key Companies Are:
Bose Corporation, Bowers & Wilkins, Harman International Industries, Inc., Klipsch Audio Technologies, Bang & Olufsen, Alpine Electronics, Inc., Sonos, Onkyo Corporation, Panasonic Automotive System, Blaupunkt GmbH, and QSC, LLC.
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Passenger cars segment is expected to hold the highest market share:
Among vehicle type, passenger cars segment accounted for the highest share in the global automotive premium audio system market in 2017, owing to increasing sales of passenger cars. For instance, according to OICA, in 2016, the total number vehicles manufactured worldwide was 94 million units, of which 72 million units were passenger cars, which was around 75% of the worldwide vehicle production.
Market Driver:
Significant growth in vehicle sales worldwide is a major factor propelling demand for automotive premium audio system. Rapid urbanization and increasing disposable income of consumers are some of the factors that propel demand for luxury cars, which in turn leads to growing installation of premium audio systems.
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Contact Us:
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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