Automotive Audio – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)

Automotive Audio – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)

Global Market Monitor released the new market research report- “Automotive Audio – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)” – Shed light on the available opportunities and potential challenges that market players are facing along with in Automotive Audio market. Furthermore, the report is complemented by market dynamics, region analysis, segment study, a series of historical figures and tables from 2014 to 2020, and forecast to 2026.

Automobile audio is equipment installed in the car to provide in-car entertainment and information. Automobile audio was once controlled by a few buttons on the dashboard, and now there is technological progress. Automobile audio can be controlled by other measures, such as steering wheel controls, voice commands, and smartphones. Automobile audio includes multiple components, such as a host, amplifier, and speakers.

Passenger cars occupy the application market with the largest market share. The increase in sales of passenger cars mainly contributed to the growth in this area. Also, due to better seat layout, sturdy body structure, relatively large cabin space, and better bearing capacity, the rising demand for SUVs and passenger cars promoted its demand, which again made for sector growth an Important contribution.

The growth of car sales and the growing demand for interior auto parts are driving the market growth. Customers increasingly prefer advanced entertainment solutions to provide a better driving experience, which further has a positive impact on market growth. Also, the increase in per capita income, the improvement of living standards, and the increase in expenditures on audio systems (especially the young population) have further promoted market growth. Also, technological advances for the development of innovative automobile audio systems have further driven market growth. Technological advancements in sound and product quality are another factor driving demand. Management through sales channels, as different car manufacturing companies increasingly use audio systems. Growing research and development activities and the continuous introduction of new products to the market are other factors driving demand growth.

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The Major Players Profiled in This Report Include:
Panasonic
Harman
Continental
Pioneer
Visteon
Clarion
Fujitsu Ten
Delphi
MOBIS
BOSE
Alpine

The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
< 4 Speakers
4-6 Speakers
> 6 Speakers

On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Passenger Cars
Commercial Cars

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Geographically speaking, the Asia-Pacific region occupies more than 30% of the total market share, thus occupying a dominant market position. The growth of car sales, the increase in disposable income, and the increasing demand for in-vehicle infotainment systems, especially in emerging markets such as China and India. Also, the presence of important players once again promoted the growth of regional markets.

Full Table of Content
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Automotive Audio Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Automotive Audio Market by Types
Chapter 4 Segmentation of Automotive Audio Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Automotive Audio Market in Major Countries
Chapter 7 North America Automotive Audio Landscape Analysis
Chapter 8 Europe Automotive Audio Landscape Analysis
Chapter 9 Asia Pacific Automotive Audio Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Automotive Audio Landscape Analysis
Chapter 11 Major Players Profile
11.1 Panasonic

11.1.1 Panasonic Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Harman

11.2.1 Harman Profile and Recent Development

11.2.2 Market Performance

11.2.3 Product and Service Introduction

11.3 Continental

11.3.1 Continental Company Profile and Recent Development

11.3.2 Market Performance

11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures

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Available Customizations - Market Monitor offers customizations according to the company’s specific needs.
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Key Questions Answered by This Report:
What is the size and CAGR of the Automotive Audio Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Automotive Audio Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Automotive Audio Market?

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This release was published on openPR.