{"id":12767,"date":"2020-08-06T11:30:00","date_gmt":"2020-08-06T11:30:00","guid":{"rendered":"https:\/\/wordpress2.hdnweb.com\/2020\/08\/06\/global-car-audio-market-2019-to-2027-analysis-and-forecasts-by-component\/"},"modified":"2020-08-06T11:30:00","modified_gmt":"2020-08-06T11:30:00","slug":"global-car-audio-market-2019-to-2027-analysis-and-forecasts-by-component","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/08\/06\/global-car-audio-market-2019-to-2027-analysis-and-forecasts-by-component\/","title":{"rendered":"Global Car Audio Market (2019 to 2027) &#8211; Analysis and Forecasts by Component"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">DUBLIN<\/span>, <span class=\"xn-chron\">Aug. 6, 2020<\/span> \/PRNewswire\/ &#8212; The <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5014173\/car-audio-market-to-2027-global-analysis-and?utm_source=CI&amp;utm_medium=PressRelease&amp;utm_code=3c9tr6&amp;utm_campaign=1421383+-+Global+Car+Audio+Market+(2019+to+2027)+-+Analysis+and+Forecasts+by+Component&amp;utm_exec=jamu273prd\" rel=\"nofollow\">&#8220;Car Audio Market to 2027 &#8211; Global Analysis and Forecasts by Component&#8221;<\/a> report has been added to <b>ResearchAndMarkets.com&#8217;s<\/b> offering. <\/p>\n<div id=\"prni_dvprnejpg106bleft\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg106bleft\" title=\"Research and Markets Logo\" border=\"0\" alt=\"Research and Markets Logo\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/539438\/Research_and_Markets_Logo.jpg\"\/><\/div>\n<p>The global car audio market was valued at <span class=\"xn-money\">US$ 43,085.6 million<\/span> in 2018 and is expected to grow at a CAGR of 3.3% during 2019-2027 to reach <span class=\"xn-money\">US$ 52,397.5 million<\/span> by 2027.<\/p>\n<p>The automotive industry is evolving and adopting advanced technological developments and innovations, such as voice-enabled audio systems and smartphone-controlled audio systems, along with an increased focus on driver&#8217;s comfort and safety. Further, with the development of ADAS and connected cars technology, the car audio market is experiencing a drastic change with companies focusing on their product development to efficiently compete with their rivals.<\/p>\n<p>The market for both premium and standard audio systems is experiencing growth in terms of volume. Although the premium audio systems are expensive, it is expected to dominate in the coming years and capture a larger share than generic car audio systems. Most of the OEMs are opting for premium audio systems even in lower segment of cars resulting in the higher growth rate of premium audio systems than non-branded audio systems. These OEMs partner with varied car audio manufacturers for their different car models, depending on the technology and cost.<\/p>\n<p>With the rising concerns regarding vehicular emission, major OEMs are shifting their focus toward electric vehicle. With the increasing demand for electric vehicles, the demand for car audio systems is subsequently expected to increase. Electric vehicles are available at a premium price across the globe; this increases the chances of integrating a branded audio system into the vehicles.<\/p>\n<p>Additionally, the touch operated is witnessing a higher growth rate than manually operated audio systems owing to increasing penetration of smartphones and the availability of better internet services. Although, the market for touch-controlled audio system is in its infancy, but it is expected to grow at a higher CAGR due to rising concern for driver safety and ease of use.<\/p>\n<p>APAC accounted for the major share of the global car audio market. The car audio market in APAC is further segmented into <span class=\"xn-location\">China<\/span>, <span class=\"xn-location\">India<\/span>, <span class=\"xn-location\">Japan<\/span>, <span class=\"xn-location\">Australia<\/span>, <span class=\"xn-location\">South Korea<\/span>, and the Rest of APAC. The economy of the region is performing well with numerous technological and infrastructural developments. The car audio market in APAC is primarily driven by increasing disposable income and changing consumer preferences. The automotive industry in countries such as <span class=\"xn-location\">India<\/span>, <span class=\"xn-location\">China<\/span>, and <span class=\"xn-location\">South Korea<\/span> is growing owing to the increasing manufacturing of vehicles. For instance, <span class=\"xn-location\">India<\/span> produced total 4,516,017 vehicles, of which 3,623,335 were cars in 2019. Also, in 2019, <span class=\"xn-location\">China<\/span> was the largest vehicle producing country across the world; it produced 25,720,665 vehicles in 2019, of which 21,360,193 were cars. The presence of a strong automotive sector and the increasing number of passenger car manufacturers are the major factors driving the growth of the car audio market in the region.<\/p>\n<p><b>Reasons to Buy:<\/b><\/p>\n<ul type=\"disc\">\n<li>Highlights key business priorities in order to assist companies to realign their business strategies. <\/li>\n<li>The key findings and recommendations highlight crucial progressive industry trends in the car audio market, thereby allowing players to develop effective long term strategies. <\/li>\n<li>Develop\/modify business expansion plans by using substantial growth offering developed and emerging markets. <\/li>\n<li>Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. <\/li>\n<li>Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to components, aircraft type, and end-users.<\/li>\n<\/ul>\n<p><b>Key Topics Covered:<\/b> <\/p>\n<p><b>1. Introduction<\/b><\/p>\n<p><b>2. Key Takeaways<\/b><\/p>\n<p><b>3. Research Methodology<\/b><br \/>3.1 Coverage<br \/>3.2 Secondary Research<br \/>3.3 Primary Research<\/p>\n<p><b>4. Car Audio Market Landscape<\/b><br \/>4.1 Market Overview<br \/>4.2 PEST Analysis<br \/>4.2.1 <span class=\"xn-location\">North America<\/span> &#8211; PEST Analysis<br \/>4.2.2 <span class=\"xn-location\">Europe<\/span> &#8211; PEST Analysis<br \/>4.2.3 <span class=\"xn-location\">Asia-Pacific<\/span> &#8211; PEST Analysis<br \/>4.2.4 <span class=\"xn-location\">Middle East<\/span> &amp; <span class=\"xn-location\">Africa<\/span> &#8211; PEST Analysis<br \/>4.2.5 <span class=\"xn-location\">South America<\/span> &#8211; PEST Analysis<br \/>4.3 Premium Insights<br \/>4.3.1 Car audio system production volume analysis<br \/>4.3.2 Vehicle Production Statistics<br \/>4.3.3 Car Audio Tier 1 Suppliers &#8211; Market Share Analysis<\/p>\n<p><b>5. Car audio Market &#8211; Key Market Dynamics<\/b><br \/>5.1 Drivers<br \/>5.1.1 Increasing adoption of Premium Car Audio Systems<br \/>5.1.2 Electric Vehicle<br \/>5.2 Market Restraints<br \/>5.2.1 Battery Drainage issues<br \/>5.3 Market Opportunities<br \/>5.3.1 Smart car audio system with the integration of virtual assistants<br \/>5.4 Future Trends<br \/>5.4.1 Speaker-less Car Audio<br \/>5.1 Impact Analysis of Drivers and restraints<\/p>\n<p><b>6. Car Audio &#8211; Global Market Analysis<\/b><br \/>6.1 Car audio Global Overview<br \/>6.2 Car audio Market &#8211; Revenue, and Forecast to 2027 (US$ Million)<\/p>\n<p><b>7. Car Audio Market Analysis &#8211; By Component<\/b><br \/>7.1 Overview<br \/>7.2 Car Audio Market, By Component (2019 and 2027)<br \/>7.3 Head Unit<br \/>7.3.1 Overview<br \/>7.3.2 Head Unit: Car Audio Market &#8211; Revenue and Forecast to 2027 (US$ Million)<br \/>7.3.3 Manual Control<br \/>7.3.3.1 Overview<br \/>7.3.3.2 Manual Control: Car Audio Head Unit Market &#8211; Revenue and Forecast to 2027 (US$ Million)<br \/>7.3.4 Touch Control<br \/>7.3.4.1 Overview<br \/>7.3.4.2 Touch Control: Car Audio Head Unit Market &#8211; Revenue and Forecast to 2027 (US$ Million)<br \/>7.4 Speaker Unit<br \/>7.4.1 Overview<br \/>7.4.2 Speaker Unit: Car Audio Market &#8211; Revenue and Forecast to 2027 (US$ Million)<br \/>7.4.3 Speaker<br \/>7.4.4 Overview<br \/>7.4.4.1 Speaker: Car Audio Speaker Unit Market &#8211; Revenue and Forecast to 2027 (US$ Million)<br \/>7.4.5 Tweeter<br \/>7.4.6 Overview<br \/>7.4.6.1 Tweeter: Car Audio Speaker Unit Market &#8211; Revenue and Forecast to 2027 (US$ Million)<br \/>7.4.7 Subwoofer<br \/>7.4.7.1 Overview<br \/>7.4.7.2 Subwoofer: Car Audio Speaker Unit Market &#8211; Revenue and Forecast to 2027 (US$ Million)<br \/>7.5 Amplifier<br \/>7.5.1 Overview<br \/>7.5.2 Amplifier: Car Audio Market &#8211; Revenue and Forecast to 2027 (US$ Million)<br \/>7.5.3 2-Channel<br \/>7.5.3.1 Overview<br \/>7.5.3.2 2-Channel: Car Audio Market &#8211; Revenue and Forecast to 2027 (US$ Million)<br \/>7.5.4 4-Channel<br \/>7.5.4.1 Overview<br \/>7.5.4.2 4Channel: Car Audio Market &#8211; Revenue and Forecast to 2027 (US$ Million)<\/p>\n<p><b>8. Geographic Analysis<\/b><br \/>8.1 <span class=\"xn-location\">North America<\/span>: Car Audio Market<br \/>8.2 <span class=\"xn-location\">Europe<\/span>: Car Audio Market<br \/>8.3 <span class=\"xn-location\">Asia-Pacific<\/span>: Car Audio Market<br \/>8.4 MEA: Car Audio Market<br \/>8.5 SAM: Car Audio Market<\/p>\n<p><b>9. Company Profiles<\/b><br \/>9.1 Alpine Electronics, Inc.<br \/>9.1.1 Key Facts<br \/>9.1.2 Business Description<br \/>9.1.3 Products and Services<br \/>9.1.4 Financial Overview<br \/>9.1.5 SWOT Analysis<br \/>9.1.6 Key Developments<br \/>9.2 Continental AG<br \/>9.3 Clarion Co., Ltd.<br \/>9.4 Harman International<br \/>9.5 Panasonic Corporation<br \/>9.6 Pioneer Corporation<br \/>9.7 Sony Corporation<br \/>9.8 Visteon Corporation<br \/>9.9 Hyundai Mobis<br \/>9.10 Denso Ten<\/p>\n<p><b>10. Appendix<\/b><br \/>10.1 About the Publisher<br \/>10.2 Glossary<\/p>\n<p>For more information about this report visit <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5014173\/car-audio-market-to-2027-global-analysis-and?utm_source=CI&amp;utm_medium=PressRelease&amp;utm_code=3c9tr6&amp;utm_campaign=1421383+-+Global+Car+Audio+Market+(2019+to+2027)+-+Analysis+and+Forecasts+by+Component&amp;utm_exec=jamu273prd\" rel=\"nofollow\">https:\/\/www.researchandmarkets.com\/r\/iwdsgk<\/a><\/p>\n<p>Research and Markets also offers <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/custom-research\" rel=\"nofollow\">Custom Research<\/a> services providing focused, comprehensive and tailored research. <\/p>\n<p><b>Media Contact:<\/b><\/p>\n<p>Research and Markets <br \/><span class=\"xn-person\">Laura Wood<\/span>, Senior Manager <br \/><a target=\"_blank\" href=\"mailto:press@researchandmarkets.com\" rel=\"nofollow\">press@researchandmarkets.com<\/a> <\/p>\n<p>For E.S.T Office Hours Call +1-917-300-0470 <br \/>For U.S.\/CAN Toll Free Call +1-800-526-8630 <br \/>For GMT Office Hours Call +353-1-416-8900 <\/p>\n<p>U.S. Fax: 646-607-1907 <br \/>Fax (outside U.S.): +353-1-481-1716<\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO84939&amp;sd=2020-08-06\"\/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/global-car-audio-market-2019-to-2027---analysis-and-forecasts-by-component-301107576.html\">http:\/\/www.prnewswire.com\/news-releases\/global-car-audio-market-2019-to-2027&#8212;analysis-and-forecasts-by-component-301107576.html<\/a><\/p>\n<p>SOURCE  Research and Markets<\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO84939&amp;Transmission_Id=202008061130PR_NEWS_USPR_____IO84939&amp;DateId=20200806\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">DUBLIN<\/span>, <span class=\"xn-chron\">Aug. 6, 2020<\/span> \/PRNewswire\/ &#8212; The <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5014173\/car-audio-market-to-2027-global-analysis-and?utm_source=CI&amp;utm_medium=PressRelease&amp;utm_code=3c9tr6&amp;utm_campaign=1421383+-+Global+Car+Audio+Market+(2019+to+2027)+-+Analysis+and+Forecasts+by+Component&amp;utm_exec=jamu273prd\" rel=\"nofollow noopener noreferrer\">&#8220;Car Audio Market to 2027 &#8211; Global Analysis and Forecasts by Component&#8221;<\/a> report has been added to <b>ResearchAndMarkets.com&#8217;s<\/b>&#8230;<\/p>\n","protected":false},"author":1,"featured_media":12768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-12767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geovanny-vicente"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Car Audio Market (2019 to 2027) - Analysis and Forecasts by Component - Multisitio 2<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wordpress2.hdnweb.com\/en\/2020\/08\/06\/global-car-audio-market-2019-to-2027-analysis-and-forecasts-by-component\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Car Audio Market (2019 to 2027) - Analysis and Forecasts by Component - Multisitio 2\" \/>\n<meta property=\"og:description\" content=\"DUBLIN, Aug. 6, 2020 \/PRNewswire\/ -- The &quot;Car Audio Market to 2027 - Global Analysis and Forecasts by Component&quot; 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