Press release
Global Automotive Premium Audio System Market Size, Growth, Opportunities, Trends To Grow at a CAGR of 14.83% 2017-2021
About Automotive Premium Audio System
Premium audio systems deliver high-performance sound experience using a number of speakers, woofers, and other components. Automotive premium audio systems are those with surround sound, eight or more speakers, and power amplification of 400 watts and more, which offer a theater-like sound experience within the vehicle. These high-performance systems are usually part of the in-vehicle entertainment systems in luxury sedans, SUVs, and vans.
Technavios analysts forecast the global automotive premium audio system market to grow at a CAGR of 14.83% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive premium audio system market for 2017-2021. To calculate the market size, the report is based on factory fitment. Furthermore, to calculate the market size based on geography, a top-down approach is used, on the basis of overall automotive premium audio system application.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Premium Audio System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Alpine Electronics
Bang & Olufsen
Bose
Burmester Audiosysteme
HARMAN
Other prominent vendors
Blaupunkt
Boston Acoustics
Bowers & Wilkins
Clarion
Dynaudio
McIntosh Laboratory
Meridian Audio
Pioneer
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Market driver
Improved quality of sound systems through digital signal processors
For a full, detailed list, view our report
Market challenge
High cost and design complexity of advanced audio systems
For a full, detailed list, view our report
Market trend
Use of audio system as WLAN hotspot enabling 24/7 connectivity
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table of Contents
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
Report coverage
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Value chain analysis
Product lifecycle
PART 05: Market landscape
Market overview
PART 06: Market segmentation by vehicle type
Global automotive premium audio system market by vehicle type
Audio premium audio system market for premium SUVs
Automotive premium audio system market for luxury sedans
PART 07: Geographical segmentation
Automotive premium audio system market in the Americas
Automotive premium audio system market in EMEA
Automotive premium audio system market in APAC
PART 08: Market drivers
Improved quality of sound systems through digital signal processors
Improved sound quality and output through better speakers
Advances in automotive audio system technology
Smartphone integration with advanced IVI systems
PART 09: Market challenges
Power constraints and heat dissipation from head unit of audio systems
High cost and design complexity of advanced audio systems
Data insecurity with hacking of information
Potential for driver distraction and difficulty in usability
PART 10: Market trends
Growing integration of digitalized content with advanced audio-visual navigation system
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