The
"Component Type (Speaker, Head Unit, Audio Visual, Amplifier, and Others),
by Technology (Voice Recognized and Non-Voice Recognized), by Accessibility
(Smartphone Controlled and Manual Controlled), and by Make Type
(Branded/Premium audio system and Non-branded audio system) - North America
& Europe Analysis and Forecast" The scope of study involves
understanding on the factors responsible for this growth of car audio system
market along with the estimates and forecasts of the revenue and market share
analysis and also spots the significant car audio system players in the market
and their key developments.
Car Audio Systems Market to 2025 - North America and Europe Analysis and
Forecast by Component Type, technology, accessibility and make type. The car
audio system market is expected to grow US$ 6.46 billion and US$ 5.65 billion
by 2025 from US$ 3.85 billion and US$ 3.34 billion in 2016 respectively for
Europe and North America. Car Audio technology is witnessing a high growth
owing to several developments in the technology such as voice-enabled audio
systems and smartphone controlled audio systems. Also, with the development of
ADAS and connected cars technology, the car audio market is expected to
experience dramatic change, where the company's focus would shift towards their
product development to efficiently compete with their rivals.
Some of the remarkable partnership and collaboration in this industry are
Collaboration between Berlin Phil Media and Panasonic in order to develop
audio/visual technologies that enable improvisation of hi - resolution audio
and 4K/HDR video platforms. Furthermore, Panasonic automotive and IBM also
joined their forces to offer fleet providers and OEMs with a set of cognitive
vehicle solutions. This mainly focuses upon promotion of Panasonic's Cognitive
Infotainment platform. Apart from this HARMAN also collaborated with Conexant
systems. This collaboration aimed towards delivery of premium end - to - end
audio and voice solutions for manufacturers of voice enabled devices. Voice
controlled car audio system are one of the key trends in the future, driving
the overall car audio market during the forecast period. Therefore, more and
more car audio system manufacturers are focusing upon technological up
gradation of their existing portfolio, subsequently fueling towards the growth
of car audio market.
The car audio system market by geography is segmented into two region including
North America and Europe. Europe is estimated to account for the largest share
of the car audio system market in 2016, followed by North America. Germany and
UK being two key countries in Europe region which will lead car audio market in
this region and is also expected to continue its dominance throughout the
forecast period from 2016 to 2025. The report profiles key players such
Panasonic Corporation, Pioneer Corporation, Alpine Electronics, Inc., Kenwood
Corporation, Harman International Industries, Inc., Clarion Co., Ltd., Sony
Corporation, Delphi Automotive PLC, Bose
Corporation, JL Audio and Blaupunkt GmbH among others.
The report segments the car audio system market as follows:
Global Car Audio System Market - By Component Type
Speaker
Head Unit (including Audio Visuals)
Amplifier
Others
Global Car Audio System Market - By Technology
Voice Recognized
Non-Voice Recognized
Global Car Audio System Market - By Accessibility Type
Smart Phone Controlled
Manual Controlled
Global Car Audio System Market - By Make Type
Branded
Non-Branded
Global Car Audio System Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K.
Rest of Europe