170 likes | 182 Views
Read here the market research report on the u201cAutomotive Premium Audio System Market" published by CMI Team
E N D
Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker
AUTOMOTIVE PREMIUM AUDIO SYSTEM MARKET ANALYSIS (2018 – 2026) • Automotive Premium Audio System Market Report, by Product Type (6 Disc, 8 Disc, 10 Disc, and 12 Disc), by Application (Passenger Cars and Commercial Vehicles), by Sales Channel Type (Original Equipment Manufacturer and After Market), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026
Automotive premium audio system is primarily installed in luxury cars. Major advantages of using premium audio system over conventional audio system is that it requires less space and delivers high-quality sound without any vibrations. Moreover, car manufacturers are focusing on installing premium audio systems as the system’s high-efficiency speakers require less power and deliver high-quality sound while consuming minimal space in the vehicle.
Market Dynamics • Development of new and advanced premium audio systems and increasing demand for electric vehicles are expected to drive growth of the automotive premium audio system market. For instance, according to the IEA Global Electric Vehicle’s (EV) analysis, around 2 million electric cars were sold in 2016, which increased to 3 million in 2017 worldwide. Therefore, increasing sales of electric cars boosts demand for premium audio systems in these cars
Furthermore, increasing investment in research & development activities for enhancing performance of premium audio system is expected to boost the market growth. Increasing preference of consumers for high-quality sound without any external vibrations and compact speakers that are easily installed are contributing to growing R&D activities in premium audio systems. For instance, in October 2017, Continental A.G, a Germany-based automotive parts supplier, introduced— Ac2ated Sound, a new speaker-less audio system for cars. In comparison to conventional speaker technology, Ac2ated Sound has several advantages such as lower weight with dramatically reduced box volume and lower electricity consumption. Moreover, this invisible car audio technology delivers excellent acoustics and can be integrated in any car model from high-end sedans to small electric vehicles.
Key features of the study: • This report provides in-depth analysis of automotive premium audio system market size (US$ Mn), and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global automotive premium audio system market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, automotive premium audio system market capital, key developments, strategies, and future plans • Companies covered as part of this study include, Bose Corporation, Bowers & Wilkins, Harman International Industries, Inc., Klipsch Audio Technologies, Bang & Olufsen, Alpine Electronics, Inc., Sonos, Onkyo Corporation, Panasonic Automotive System, Blaupunkt GmbH, and QSC, LLC. Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics • The global automotive premium audio system market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global automotive premium audio system market
Detailed Segmentation: • Global Automotive Premium Audio System Market, By Product Type: • 6 Disc • 8 Disc • 10 Disc • 12 Disc • Global Automotive Premium Audio System Market, By Application: • Passenger Cars • Commercial Vehicles • Heavy Commercial Vehicles • Light Commercial Vehicles
Global Automotive Premium Audio System Market, By Sales Channel: • Original Equipment Manufacturer • After Market • Global Automotive Premium Audio System Market, By Geography: • North America • By Product Type • By Application • By Sales Channel • By Country: • U.S. • Canada
Asia Pacific • By Product Type • By Application • By Sales Channel • By Country: • China • India • Japan • Australia • South Korea • ASEAN • Rest of Asia Pacific • Europe • By Product Type • By Application • By Sales Channel • By Country: • Germany • UK • France • Italy • Spain • Russia • Rest of Europe
Africa • By Product Type • By Application • By Sales Channel • By Country: • Northern Africa • Central Africa • South Africa • Competitive Landscape • Company Profiles • Latin America • By Product Type • By Application • By Sales Channel • By Country: • Brazil • Mexico • Rest of Latin America • Middle East • By Product Type • By Application • By Sales Channel • By Country: • GCC Countries • Israel • Rest of Middle East
Harman International Industries, Inc. • Company Overview • Product Portfolio • Financial Performance • Key Strategies • Recent Developments/Updates • Blaupunkt GmbH • Panasonic Corporation • QSC, LLC • Bose Corporation • Company Overview • Product Portfolio • Financial Performance • Key Strategies • Recent Developments/Updates • Bowers & Wilkins. Ltd. • Company Overview • Product Portfolio • Financial Performance • Key Strategies • Recent Developments/Updates
Sonos, Inc. • Alpine Electronics, Inc. • Bang & Olufsen • Klipsch Audio Technologies • Onkyo Corporation • Analyst Views • References • Research Methodology • About us and Sales Contact • “*” marked represents similar segmentation in other categories in the respective section
Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now Reference:https://www.coherentmarketinsights.com/market-insight/automotive-premium-audio-system-market-2318
About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis
Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com
Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/