Car Audio Market Scope And Analysis

  • Report Code : TIPRE00009681
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 174
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Car Audio Market Scope and Analysis by 2027

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Car Audio Market Report Car Audio Market Size and Share Car Audio Market Scope and Analysis

Car Audio Market Report Scope

Report Attribute Details
Market size in 2018 US$ 47.68 Billion
Market Size by 2027 US$ 59.38 Billion
Global CAGR (2018 - 2027) 3.3%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Component
  • Head Unit
  • Speaker
  • Amplifier
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Alpine Electronics Inc
  • Continental AG
  • Clarion Co Ltd
  • Harman International
  • Panasonic Corporation
  • Pioneer Corporation
  • Sony Corporation
  • Visteon Corporation
  • Hyundai Mobis

    • Recent Developments: 

    Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the car audio market. A few recent key market developments are listed below:

    • In January 2022: Denso developed Global Safety Package 3, an active safety system designed to improve the safety of vehicles by giving them high sensing capability of their surroundings. It uses the combined performance of a millimeter-wave radar sensor and vision sensor to assist the driver in controlling the vehicle safely. This product is used in the Hino Ranger, the Lexus NX, and the Toyota Noah and Voxy.
    • In October 2021, Harman expanded their range of aftermarket caraudio products with the launch of a single din #stereo system, Alpha 100, and an award-winning amplifier REF7005A in the Indian market.