Car Audio Market analysis, Technical Study and Business Opportunities to 2027 | Fujitsu Ten, JL Audio

Dec , 2021 (Market intelligence data) —The “Car Audio” market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global Car Audio market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. This report also compares the Car Audio markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.        

The Car Audio market was valued at USD 25 billion in 2020, and it is expected to reach USD 41 billion by 2026, registering a CAGR of around 8% during the forecast period (2022 - 2027).

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Some of the key players profiled in the study are

Hangsheng Electronic, Fujitsu Ten, JL Audio, Panasonic, Bower & Wilkins, Foryou, Sony, Denso, Delphi, Desay SV Automotive, Visteon, Dynaudio, Clarion, Hyundai MOBIS, Alpine, Garmin, Harman, Burmester, E-LEAD Electronic, Focal, Pioneer, Blaupunkt, BOSE, Continental

Recent Developments

In January 2020, LG Electronics Inc. and US-based automotive voice recognition solutions provider Cerence Inc. signed a partnership to develop an in-car infotainment system to develop the web OS Auto-based IVI system, which will be equipped with voice recognition features.

In April 2020, BAIC Yinxiang Automobile Co. Ltd collaborated with ADAYO (a subsidiary of Foryou Corporation). This partnership will build new platforms for BAIC Yinxiang’s second product restructure to realize a platform production model and to improve intelligent vehicle manufacturing.

Most important types of Car Audio covered in this report are:

Speakers

Amplifiers

Stereos

Other

Most widely used downstream fields of Car Audio market covered in this report are:

Commercial Cars

Passenger Cars

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China Driving the Asia-Pacific Market

Among Asia-Pacific countries, China occupied a significant share of the Asia-Pacific automotive industry due to its highest vehicle sales over the past decade. The country is anticipated to continue to see positive vehicle sales during the forecast period, owing to the growing focus on new energy vehicles (NEV), among automakers.

The shift from simple audio systems to touchscreen infotainment systems that support multiple features, such as navigation, Apple CarPlay, Android Auto, Telematics, etc., is driving the demand for infotainment systems in the country.

According to the China Automobile Dealers Association, the luxury car dealers in the country sold 277,000 vehicles in April 2020, an 11.1% increase over April 2019. The luxury car sales accounted for 18.7% of the market in April 2020, representing a 3.6% rise over April 2019 and a 0.4% increase over the market share in March 2020.

Region Included are:

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, etc.)

Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)

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Key Points of The Car Audio Market Report:

Define, describe and forecast the Car Audio product market by type, application, end user and region.
Provide business external environment analysis and pest analysis.
Provide strategies for the company to address the impact of COVID-19.
Provide dynamic market analysis, including market drivers, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, customer analysis, distribution model, messaging and product positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 outbreak on major regions of the world.
Analyze investor market opportunities and provide market leaders with insights into the competitive landscape.

The content of the study subjects, includes 14 chapters:

Chapter 1, to define Car Audio product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers with price, sales, revenue and global market share of Car Audio from 2019 to 2021.

Chapter 3, the market situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Car Audio breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2022 to 2027.

Chapter 5 and 6, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2022 to 2027.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2016 to 2021.and Car Audio market forecast, by regions, type and application, with sales and revenue, from 2022 to 2027.

Chapter 12, 13 and 14, to describe Car Audio sales channel, distributors, customers, research findings and conclusion, appendix and data source.

… To be continued

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