Ph icon +1-646-491-9876    |    +91-20-67278686

Car Audio System Market to 2025 - North America & Europe Analysis and Forecast by 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)

Publication Month: Oct 2017 | No. of Pages: 166 | Report Code: TIPTE100000693 | Category: Automotive & Transportation | Status: Published
       
Select License Type
  • 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 car audio market is also witnessing several developments in the technology such as voice-enabled audio systems and smartphone controlled audio systems. Europe is largest adopter of car audio systems, followed by North America. Car audio system – North America and Europe market is expected to grow from 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.

    The report focuses on an in-depth segmentation of this market based by component type, technology, accessibility and make type. The geographic segmentation of the report covers six major regions including; North Americas, Europe. The regional market has been further bifurcated by respective countries. By component type segment speakers accounted for the largest share of the car audio system market in 2016; whereas, Europe region is estimated to capture majority of the revenue share during the forecast period.

    The report aims to provide an overview of car audio system – North America & Europe market with detailed market segmentation. Also, it analyzes the current car audio system market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST analysis of Europe and North America regions along with the SWOT analysis for all company profiled in the report.

    Europe is one of the prominent regions in car audio system market which will contribute highest revenue globally due to technological developments and considerable adoption of car audio system by different car manufacturing companies.

    Some of the key players of car audio systems market include 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.

    Table of Contents

    1 Table of Contents 2
    1.1 List of Tables 8
    1.2 List of Figures 9

    2 Introduction 11
    2.1 Scope of the Study 11
    2.2 The Insight Partners Research Report Guidance 11

    3 Key Takeaways 13

    4 Car Audio Market Landscape 16
    4.1 Market Overview 16
    4.2 Market Segmentation 17
    4.2.1 Car Audio Market – By Component 18
    4.2.2 Car Audio Market – By Technology 19
    4.2.3 Car Audio Market – By Accessibility Type 19
    4.2.4 Car Audio Market – By Make Type 19
    4.2.5 Car Audio Market – By Geography 19
    4.3 PEST Analysis 20
    4.3.1 North America PEST Analysis 20
    4.3.2 Europe PEST Analysis 23

    5 Car Audio Market – Key Industry Dynamics 26
    5.1 Key Market Drivers 26
    5.1.1 Innovation in the automotive industry 26
    5.1.2 Rising penetration of smart phones 26
    5.1.3 Increasing adoption of branded/Premium car audio systems 26
    5.1.4 Burgeoning online car audio aftermarket 27
    5.2 Key Market Restraints 28
    5.2.1 Longer product development cycle 28
    5.2.2 Noise and Power consumptions issues 28
    5.3 Key Market Opporunities 29
    5.3.1 Smart car audio system 29
    5.4 Future Trends 29
    5.4.1 Speaker-less Car Audio 29
    5.5 Impact Analysis of Drivers and Restraints 30

    6 Car Audio Market Analysis – By Component 31
    6.1 Overview 31
    6.2 Head Unit 32
    6.2.1 Overview 32
    6.2.2 Head Unit Market Revenue and Forecasts to 2025 (US$ Bn) 32
    6.3 Amplifier 34
    6.3.1 Overview 34
    6.3.2 Amplifier Market Revenue and Forecasts to 2025 (US$ Bn) 34
    6.4 Speaker 36
    6.4.1 Overview 36
    6.4.2 Speaker Market Revenue and Forecasts to 2025 (US$ Bn) 36
    6.5 Others 37
    6.5.1 Overview 37
    6.5.2 Car Audio Others Market Revenue and Forecasts to 2025 (US$ Bn) 37

    7 Car Audio Market Analysis – Technology 39
    7.1 Overview 39
    7.2 Voice Recognized Audio System 40
    7.2.1 Overview 40
    7.2.2 Voice Recognized Audio System Market Revenue and Forecasts to 2025 (US$ Bn) 40
    7.3 Non-Voice Recognized Audio System 41
    7.3.1 Overview 41
    7.3.2 Non-Voice Recognized Audio System Market Revenue and Forecasts to 2025 (US$ Bn) 42

    8 Car Audio Market Analysis – Accessibility 43
    8.1 Overview 43
    8.2 Smartphone Controlled 44
    8.2.1 Overview 44
    8.2.2 Smartphone Controlled Market Revenue and Forecasts to 2025 (US$ Bn) 44
    8.3 Manual Controlled 46
    8.3.1 Overview 46
    8.3.2 Manual Controlled Market Revenue and Forecasts to 2025 (US$ Bn) 46

    9 Car Audio Market Analysis – Make Type 48
    9.1 Overview 48
    9.2 Branded Audio System 50
    9.2.1 Overview 50
    9.2.2 Branded Audio System Market Revenue and Forecasts to 2025 (US$ Bn) 50
    9.3 Non-Branded Audio System 52
    9.3.1 Overview 52
    9.3.2 Non- Branded Audio System Market Revenue and Forecasts to 2025 (US$ Bn) 52

    10 Car Audio Market – Geographical Analysis 54
    10.1 North America Car Audio Market Revenue and Forecasts to 2025 54
    10.1.1 Overview 54
    10.1.2 North America Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 54
    10.1.3 North America Car Audio Market Breakdown by Key Countries 57
    10.1.3.1 U.S. Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 59
    10.1.3.2 Canada Car Audio Market Revenue and Forecasts to 2025 (US$ Bn) 61
    10.1.3.3 Mexico Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 63
    10.1.4 North America Car Audio Market Breakdown by Components 65
    10.1.5 North America Car Audio Market Breakdown by Technology 66
    10.1.6 North America Car Audio Market Breakdown by Accessibility Type 67
    10.1.7 North America Car Audio Market Breakdown by Make Type 68
    10.2 Europe Car Audio Market Revenue and Forecasts to 2025 69
    10.2.1 Overview 69
    10.2.2 Europe Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 69
    10.2.3 Europe Car Audio Market Breakdown by Countries 72
    10.2.3.1 France Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 74
    10.2.3.2 Germany Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 76
    10.2.3.3 Italy Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 78
    10.2.3.4 Spain Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 80
    10.2.3.5 U.K Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 82
    10.2.4 Europe Car Audio Market Breakdown by Component 84
    10.2.5 Europe Car Audio Market Breakdown by Technology 85
    10.2.6 Europe Car Audio Market Breakdown by Accessibility Type 86
    10.2.7 Europe Car Audio Market Breakdown by Make Type 87

    11 Industry Landscape 88
    11.1 Market Initative 88
    11.2 Merger and Acquisition 89
    11.3 New Development 89

    12 Competitive Landscape 91
    12.1 Competitive Product Mapping 91
    12.2 Market Positioning –Top 5 Players Ranking for North America and Europe 92

    13 Car Audio Market – Key Company Profiles 93
    13.1 Alpine Electronics, Inc. 93
    13.1.1 Key Facts 93
    13.1.2 Business Description 93
    13.1.3 Financial Overview 95
    13.1.4 SWOT Analysis 96
    13.1.5 Key Developments 99
    13.2 Clarion Co., Ltd. 100
    13.2.1 Key Facts 100
    13.2.2 Business Description 100
    13.2.3 Financial Overview 101
    13.2.4 SWOT Analysis 101
    13.2.5 Key Developments 105
    13.3 HARMAN International 106
    13.3.1 Key Facts 106
    13.3.2 Business Description 106
    13.3.3 Financial Overview 107
    13.3.4 SWOT Analysis 107
    13.3.5 Key Developments 111
    13.4 JVC Kenwood Corporation 112
    13.4.1 Key Facts 112
    13.4.2 Business Description 112
    13.4.3 Financial Overview 113
    13.4.4 SWOT Analysis 114
    13.4.5 Key Developments 117
    13.5 Panasonic Corporation 118
    13.5.1 Key Facts 118
    13.5.2 Business Description 118
    13.5.3 Financial Overview 120
    13.5.4 SWOT Analysis 121
    13.5.5 Key Developments 124
    13.6 Pioneer Corporation 127
    13.6.1 Key Facts 127
    13.6.2 Business Description 127
    13.6.3 Financial Overview 129
    13.6.4 SWOT Analysis 129
    13.6.5 Key Developments 131
    13.7 Sony Corporation 133
    13.7.1 Key Facts 133
    13.7.2 Business Description 133
    13.7.3 Financial Overview 134
    13.7.4 SWOT Analysis 135
    13.7.5 Key Developments 136
    13.8 Delphi Automotive PLC 138
    13.8.1 Key Facts 138
    13.8.2 Business Description 138
    13.8.3 Financial Overview 139
    13.8.4 SWOT Analysis 140
    13.8.5 Key Developments 142
    13.9 Bose Corporation 143
    13.9.1 Key Facts 143
    13.9.2 Business Description 143
    13.9.3 Financial Overview 144
    13.9.4 SWOT Analysis 145
    13.9.5 Key Developments 148
    13.1 JL Audio Corporation 149
    13.10.1 Key Facts 149
    13.10.2 Business Description 149
    13.10.3 Financial Overview 150
    13.10.4 SWOT Analysis 151
    13.10.5 Key Developments 154
    13.11 Blaupunkt GmbH 155
    13.11.1 Key Facts 155
    13.11.2 Business Description 155
    13.11.3 Financial Overview 155
    13.11.4 SWOT Analysis 156
    13.11.5 Key Developments 157

    14 Appendix 159
    14.1 About The Insight Partners 159
    14.2 Glossary of Terms 160
    14.3 Methodology 162
    14.3.1 Coverage 163
    14.3.2 Secondary Research 163
    14.3.3 Primary Research 164
    14.4 Contact Us 165
    14.5 Disclaimer 166

    List of Tables

    Table 1: North America Car Audio Market Revenue and Forecasts to 2025 – By Components (US$ Mn) 65
    Table 2: North America Car Audio Revenue and Forecasts to 2025 – Technology (US$ Mn) 66
    Table 3: North America Car Audio Revenue and Forecasts to 2025 – Accessibility Type (US$ Mn) 67
    Table 4: North America Car Audio Revenue and Forecasts to 2025 – Make Type (US$ Mn) 68
    Table 5: Europe Car Audio Market Revenue and Forecasts to 2025 – By Components (US$ Mn) 84
    Table 6: Europe Car Audio Revenue and Forecasts to 2025 – Technology (US$ Mn) 85
    Table 7: Europe Car Audio Revenue and Forecasts to 2025 – Accessibility Type (US$ Mn) 86
    Table 8: Europe Car Audio Revenue and Forecasts to 2025 – Make Type (US$ Mn) 87
    Table 9: Glossary of Terms, Car Audio Market 160

    List of Figures

    Figure 1: Europe Car Audio Market, Revenue (US$ Mn), 2016 & 2025 13
    Figure 2: North America Car Audio Market by Voice Recognized, Revenue (US$ Mn), 2016 & 2025 14
    Figure 3: Car Audio Market Segmentation 17
    Figure 4: Car Audio Market Segmentation 18
    Figure 5: North America PEST Analysis 20
    Figure 6: Europe PEST Analysis 23
    Figure 7: Car Audio Market Impact Analysis of Driver and Restraints 30
    Figure 8: Car Audio Market Breakdown by Component, 2016 & 2025(%) 31
    Figure 9: Head Unit Market Revenue and Forecasts to 2025 (US$ Bn) 33
    Figure 10: Amplifier Market Revenue and Forecasts to 2025 (US$ Bn) 35
    Figure 11: Speaker Home Market Revenue and Forecasts to 2025 (US$ Bn) 37
    Figure 12: Car Audio Others Market Revenue and Forecasts to 2025 (US$ Bn) 38
    Figure 13: Car Audio Market Breakdown by Technology, 2016-2025 (%) 39
    Figure 14: Voice Recognized Audio System Market Revenue and Forecasts to 2025 (US$ Bn) 41
    Figure 15: Non-Voice Recognized Audio System Market Revenue and Forecasts to 2025 (US$ Bn) 42
    Figure 16: Car Audio Market Breakdown by Accessibility, 2016-2025 (%) 43
    Figure 17: Smartphone Controlled Market Revenue and Forecasts to 2025 (US$ Bn) 45
    Figure 18: Manual Controlled Market Revenue and Forecasts to 2025 (US$ Bn) 47
    Figure 19: Car Audio Market Breakdown by Make Type, 2016-2025 (%) 49
    Figure 20: Branded Audio System Market Revenue and Forecasts to 2025 (US$ Bn) 51
    Figure 21: Non- Branded Audio System Market Revenue and Forecasts to 2025 (US$ Bn) 53
    Figure 22: North America Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 55
    Figure 23: North America Car Audio Market Shipment and Forecasts to 2025 (Mn Units) 56
    Figure 24: North America Car Audio Market Revenue Breakdown by Key Countries, 2016 & 2025(%) 57
    Figure 25: North America Car Audio Market Volume Breakdown by Key Countries, 2016 & 2025(%) 58
    Figure 26: U.S. Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 59
    Figure 27: U.S. Car Audio Market Shipment and Forecasts to 2025 (Mn Units) 59
    Figure 28: Canada Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 61
    Figure 29: Canada Car Audio Market Shipment and Forecasts to 2025 (Mn Units) 61
    Figure 30: Mexico Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 63
    Figure 31: Mexico Car Audio Market Revenue and Forecasts to 2025 (Mn Unit) 63
    Figure 32: Europe Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 70
    Figure 33: Europe Car Audio Market Shipment and Forecasts to 2025 (Mn Unit) 70
    Figure 34: Europe Car Audio Market Revenue Breakdown By Key Countries, 2016 & 2025 (%) 72
    Figure 35: Europe Car Audio Market Shipment Breakdown By Key Countries, 2016 & 2025 (%) 73
    Figure 36: France Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 74
    Figure 37: France Car Audio Market Shipment and Forecasts to 2025 (Mn Units) 74
    Figure 38: Germany Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 76
    Figure 39: Germany Car Audio Market Shipment and Forecasts to 2025 (Mn unit) 76
    Figure 40: Italy Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 78
    Figure 41: Italy Car Audio Market Shipment and Forecasts to 2025 (Mn Units) 79
    Figure 42: Spain Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 80
    Figure 43: Spain Car Audio Market Shipment and Forecasts to 2025 (Mn Unit) 80
    Figure 44: U. K Car Audio Market Revenue and Forecasts to 2025 (US$ Mn) 82
    Figure 45: U. K Car Audio Market Revenue and Forecasts to 2025 (Mn Unit) 82
    Figure 46: Car Audio System Market Competitive Product Mapping 91
    Figure 47: Car Audio System Market Positioning 92

    List of Companies

    1. Alpine Electronics, Inc.
    2. Clarion Co., Ltd.
    3. HARMAN International
    4. JVC Kenwood Corporation
    5. Panasonic Corporation
    6. Pioneer Corporation
    7. Sony Corporation
    8. Delphi Automotive PLC
    9. Bose Corporation
    10. JL Audio Corporation
    11. Blaupunkt GmbH

    -Highlights key business priorities in order to assist companies to realign their business strategies.

    - The key findings and recommendations highlight crucial progressive industry trends of the market, thereby allowing players to develop effective long term strategies.

    - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

    - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

    - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.