Projeted Growth
Moderate

Growth Potential Meter

Automotive Audio Market by Material Type ( Head Unit, Speaker, Amplifier, Connectors ) by Control type ( Voice-based, Manual)by Application ( Passenger Vehicles, Commercial Vehicles) by Industry Analysis, Volume, Share, Consumer Insight, Challenges, Trends, Strategies & Forecast 2027

Number of pages: 150 | Report Code: PSMR- 100543 | Report Format : PDF

Automotive Audio Market Research Report

Report Coverage

Parameters Details

Base Year

2021

Historical Data

2016-2021

Forecast Data

2022-2028

Base Year Value (2021)

USD 9836.07 million

Forecast Value (2028)

USD 13840.33825 million

CAGR (2022 to 2029)

5 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

Automotive Audio Market is estimated to grow at a CAGR of 5 % between 2022 and 2028

Overview

Automotive industry throughout the globe is evolving and adopting advanced technological developments and innovations, along with increased focus on driver’s comfort and safety. The technology like voice-enabled audio and smartphone controlled audio systems is a part of automotive audio market has also observed developments in various technologies. Automotive audio systems have become important equipment for drivers and occupants, as the time spent in passenger cars by consumers is increasing due to traffic congestion and increase in daily work commute by personal vehicles. Automotive audio systems are designed to create superior sound quality comprised of numerous speakers, sound amplifiers, and tweeters which deliver optimum sound quality compared to regular audio systems.  


Product type & Competitive analysis

A speaker that is 4-way consists of a bass and mid-range cone as well as 2 tweeters. With an extra tweeter gives better high-range sound to this speaker, but commonly adds little to the overall quality. 4-6 Speakers speaker set comes with Vertical Attach Surround Technique (VAST) which essentially increases the speaker’s effective radiating cone area without increasing the speaker size. This technique results in a 25% increase in active radiating cone area compared to a standard 4x6 speaker. The Punch P1462 has a flex fit basket which utilizes slots where possible instead of single screw sized holes. This feature facilitates slight adjustment of the speaker when it is mounted. > 6 Speakers are used in cars, trucks, or in luxury cars. < 4 Speakers, 4-6 Speakers, > 6 Speakers this all are the different kinds of speakers which is used in different types of cars with their suitability. The price of this speakers is different as compared with each other and price speakers is also differs due to their quality of material is used while manufacturing.  


Automotive Audio Market Revenue Forecast 2022-2028

Application & Regional analysis

Study mainly considers application of automotive audio system in passenger vehicles and commercial vehicles. A passenger car is a motor vehicle designed or adapted primarily to carry people on highways and streets. Most cars, station wagons, vans, and some pick-up trucks are passenger cars. This passenger car largely consists of automotive audio systems in it. Not only passenger cars but commercial car also consist of automotive audio in it, as commercial cars are divided into two sections LCV and HCV and this both light commercial cars and heavy commercial cars consist of automotive audio in it. LCV stands for light commercial vehicle. With a gross vehicle weight of no more than 3.5 metric tons, LCV in the European Union, Australia, and New Zealand is a commercial carrier vehicle. In both Canada and Ireland, the LCV designation is also occasionally, where Commercial Van is more generally used. HCV stands for Heavy Commercial Vehicle. A vehicle with GVW of more than 6 ton is defined as HCV. Heavy weight vehicles are used to transport raw materials to work site and finished goods to the market.  


Geographically, the automotive audio is divided into United States, China, Europe, Japan, Southeast Asia, and India. In automotive audio market, Japan is the largest supplier of automotive audio. In automotive audio market, North America is the second largest supplier of automotive audio. The automotive audio production market of North America have nearly 15% share in 2017. In 2018, China is the largest consumption place, with 27% share of consumption market. With the consumption market share of 23%, China and Europe is the second largest consumption place. Europe is largest adopter of automotive audio systems, followed by North America.  


Automotive Audio Market Analysis by Types & Growth 2022

Automotive Audio Market: Product Type

  • Head Unit
  • Speaker
  • Amplifier
  • Connectors

Automotive Audio Market: Control type

  • Voice-based
  • Manual

Automotive Audio Market: Application

  • Passenger Vehicles
  • Commercial Vehicles

Automotive Audio Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Automotive Audio Market:

  • Panasonic
  • Harman
  • Continental
  • Pioneer
  • Visteon
  • Clarion
  • Fujitsu Ten
  • Delphi
  • MOBIS
  • BOSE
  • Alpine

Geographical analysis of Automotive Audio Market:

  • North America
    • U.S.A
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Automotive Audio Market Report delivers comprehensive analysis of following parameters :

  • Market Estimates & Forecast from 2022 to 2028

  • Market Intelligence to consolidate decisions

  • Market growth drivers, emerging and current market trends

  • Challenges and Opportunities overview

  • In-detailed segment & End user/application analysis

  • Top player Production insight, Revenue (Value), market share, recent developments & future outlook

  • Supply (Production), Consumption, Export-Import analysis

  • Covid 19 impact & sustainability strategies in a post-pandemic market


Frequently Asked Questions (FAQ)


Automotive Audio Market was valued at around USD 9836.07 million in 2021 & estimated to reach USD 13840.33825 by 2028.




Automotive Audio Market is likely to grow at compounded annual growth rate (CAGR) of 5% between 2022 to 2028.




segment dominated the global market in terms of revenue generation. region is likely to show the highest growth rate between 2021 to 2028.










Yes, the report includes COVID 19 impact on the market.



  Download Sample

Please fill below details:

    ×

    Select Licence Type

      Single User -          $2550


      Corporate User -   $3550


    Automotive Audio Market Covid 19 Impact Analysis
    Why Profshare?

      High Data Accuracy

    Precise research methodology, numerous analysis models & up to date data resources to achive most accurate market values.


     Customization as Needed

    We can tailored the report as per your requirments & budget, Most of our clients prefer custom reports.


      Budget Friendly Solution

    We have quality market data for all types of budget & so now get best out of your market research budget.


      Quality Support

    Be assured of receving satisfactory analyst support to understand research report in-detail.