Automotive Premium Audio System 2017 Global Market Expected to Grow at CAGR 14.83% and Forecast to 2021
The analysts forecast the global automotive premium audio system market to grow at a CAGR of 14.83% during the period 2017-2021.
PUNE, INDIA, May 17, 2017 /EINPresswire.com/ -- WiseGuyReports.Com Publish a New Market Research Report On - “Automotive Premium Audio System 2017 Global Market Expected to Grow at CAGR 14.83% and Forecast to 2021”.Premium audio systems deliver high-performance sound experience using a number of speakers, woofers, and other components. Automotive premium audio systems are those with surround sound, eight or more speakers, and power amplification of 400 watts and more, which offer a theater-like sound experience within the vehicle. These high-performance systems are usually part of the in-vehicle entertainment systems in luxury sedans, SUVs, and vans.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive premium audio system market for 2017-2021. To calculate the market size, the report is based on factory fitment. Furthermore, to calculate the market size based on geography, a top-down approach is used, on the basis of overall automotive premium audio system application.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
The report, Global Automotive Premium Audio System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Alpine Electronics
• Bang & Olufsen
• Bose
• Burmester Audiosysteme
• HARMAN
Other prominent vendors
• Blaupunkt
• Boston Acoustics
• Bowers & Wilkins
• Clarion
• Dynaudio
• McIntosh Laboratory
• Meridian Audio
• Pioneer
Market driver
• Improved quality of sound systems through digital signal processors
• For a full, detailed list, view our report
Market challenge
• High cost and design complexity of advanced audio systems
• For a full, detailed list, view our report
Market trend
• Use of audio system as WLAN hotspot enabling 24/7 connectivity
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Table Of Contents – Major Key Points
PART 01: Executive summary
PART 02: Scope of the report
• Report coverage
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Value chain analysis
• Product lifecycle
PART 05: Market landscape
• Market overview
PART 06: Market segmentation by vehicle type
• Global automotive premium audio system market by vehicle type
• Audio premium audio system market for premium SUVs
• Automotive premium audio system market for luxury sedans
PART 07: Geographical segmentation
• Automotive premium audio system market in the Americas
• Automotive premium audio system market in EMEA
• Automotive premium audio system market in APAC
PART 08: Market drivers
• Improved quality of sound systems through digital signal processors
• Improved sound quality and output through better speakers
• Advances in automotive audio system technology
• Smartphone integration with advanced IVI systems
PART 09: Market challenges
• Power constraints and heat dissipation from head unit of audio systems
• High cost and design complexity of advanced audio systems
• Data insecurity with hacking of information
• Potential for driver distraction and difficulty in usability
PART 10: Market trends
• Growing integration of digitalized content with advanced audio-visual navigation system
• Use of audio system as WLAN hotspot enabling 24/7 connectivity
• Development of MOST technology to ease upgrades of future infotainment systems
• Enhanced sound with integrated speakers in driver seat headrest
• Rising adoption of advanced audio system in mid-segment vehicles
Continued…….
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