Automotive Speaker Market Size, Share & Growth

Report Code SE 9247
Published in Nov, 2024, By MarketsandMarkets™
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Automotive Speaker Market by Type (Component, Coaxial, Subwoofer), Vehicle (Passenger, Commercial, Two-wheeler), Installation (Door, Dashboard, Rear Deck), Technology (Bluetooth & Wireless Connectivity, Smart Speakers, Multi-zone) – Global Forecast to 2029

 

Automotive Speaker Market Size, Share & Trends

The global automotive speaker market is estimated to reach USD 12.92 billion in 2029 from USD 9.49 billion in 2024, at a CAGR of 6.4% during the forecast period. The market is witnessing rapid growth due to various factors. The growth in passenger vehicles is fueling the increased demand for in-car audio systems. The growing trend of electric vehicles is also driving the market growth as EV manufacturers put emphasis on audio quality. Advancements in audio technology, such as noise cancellation and surround sound, are other factors that support the market growth.

Automotive Speaker Market

Attractive Opportunities in the Automotive Speaker Market

ASIA PACIFIC

The growth of the market in Asia Pacific can be attributed to growth in electric vehicle adoption, rising consumer demand for premium in-car experiences, and significant government investments in automotive and EV infrastructure across key markets such as China, South Korea, and Japan.

High competition and price sensitivity and shifting consumer preferences are some of the challenges in the automotive speaker market.

Collaborations, partnerships, and developments are expected to offer lucrative growth opportunities for the market players during the next five years.

The growth of the market can be attributed to the increasing strategic partnerships between automakers and premium audio brands.

Presence of established automotive speaker providers in countries like the US, known for their technological expertise, contributes to the growth of the market in the North America.

Impact of AI on Automotive Speaker Market

The capabilities of artificial intelligence are advancing the automotive speakers market. Adaptive Sound Control is one important advancement. With the help of AI, this technology is used to dynamically set the sound of the vehicle according to its operational parameters, such as cabin noise and speed, ensuring optimum sound quality with no manual intervention. Besides this, speakers imbued with AI learn personal audio preferences, such as setting adjustments based on what genres and volumes the driver enjoys most. The enhanced voice command detection also allows in-car systems to be safely operated without the driver letting go of the steering wheel when background noise is present. AI is also capable of using noise-canceling technology to analyze background sounds and reduce any noise to improve the clarity of music and voices. It also aids in incorporating audio content recommendations based on listening behaviors, thus heightening the in-car experience.

Automotive Speaker Market Impact

Global Automotive Speaker Market Dynamics

Driver: Increasing strategic partnerships between automakers and premium audio brands

The strategic partnership between automakers and premium audio brands drives the growth of the automotive speaker market. Partnerships make it possible for auto manufacturers to integrate high-quality branded in-car audio systems for consumers looking for a more powerful experience in vehicle audio. For instance, Pioneer teamed up with Toyota to provide a high-end 10-speaker audio system in the new Land Cruiser 250 SUV which was planned to enter the Japanese market in April 2024. Using Pioneer's technology, the SUV has an impressive low-end response combined with a vivid sound reproduction that arguably confers an image of strong performance and luxurious appeal.

Burmester also worked with Ferrari, Bugatti, Porsche, and Mercedes-Benz to craft custom sound solutions optimized for each model's unique cabin acoustics. This trend has expanded beyond luxury vehicles, as most premium sound capabilities are now being offered on mid-range and entry-level models, bringing high-level audio capabilities to the mainstream market and widening consumer interest for many market segments. Thus, strategic partnerships between automakers and audio companies are redefining consumer expectations and driving the growth of the automotive speaker market.

Restraint: Dependency on vehicle production rates

Automotive speakers are generally installed on vehicles at the point of assembly. Hence, the production of new vehicles has a direct impact on the automotive speaker market. The reduction in vehicle production rate due to an economic downturn or changing patterns in consumer buying adversely affects the demand for automotive speakers. During a recession, several consumers postpone their decisions to buy new cars. This leads to reduced automotive production and, subsequently, dwindling demand for factory-installed audio systems. This dependence on vehicle production rates makes the automotive speaker market vulnerable to the performance of the overall automotive industry. Nevertheless, the automotive speaker aftermarket offers some relief by providing audio systems to current vehicle owners who want an upgrade or replacement. The automotive speaker aftermarket, however, cannot fully mitigate the severe contractions in new vehicle production. Moreover, the aftermarket typically focuses on mid-range to budget products, offering minimal relief for premium audio brands that rely heavily on partnerships with automakers for supplying in-built automotive audio systems. Hence, the growth of the automotive speaker market depends on the stability of vehicle production and the overall health of the economy.

 

Opportunity: Increasing demand for electric vehicles with quieter cabins

The growing demand for silent cabins in electric vehicles provides unique opportunities for players in the automotive speaker market. Electric vehicles do not have the traditional noise from an engine, giving them a controlled acoustical environment that offers richer in-car audio experiences. The quiet atmosphere encourages car manufacturers to enhance premium sound systems as the main selling proposition to further attract strong, robust, and immersive audio experiences that appeal to customers.

Regulations like UN Regulation 138/01 for EVs and hybrids have provisions that include Acoustic Vehicle Alerting Systems on cars so that they let out sounds while driving slowly. This will lead to a rise in demand for speakers mounted on the outside of the vehicle's cabin. Electric vehicles offer AVAS-compliant solutions that include advanced loudspeakers, sound actuators, and customization software to enable OEMs to integrate such systems. The collaboration between Meridian Audio and Avatr offers loudspeakers for all of its electric models. This shows how the internal and external systems are now becoming part of the design for EVs. Various audio technology companies are now entering the automotive speaker market due to the increasing preference for high audio experiences and the need for advanced external sound solutions.

Challenge: High competition and price sensitivity

High competition and price sensitivity pose significant challenges in the automotive speaker industry . With the presence of competitors like Alps Alpine Co., Ltd., Bose Corporation, Sony Group Corporation, Pioneer Corporation, and Samsung Electronics Co., Ltd. in the market, there is intense competition in terms of quality and pricing. Hence, industry players face significant pressure to develop innovative automotive speakers. Price sensitivity keeps many consumers from choosing anything other than standard audio features in their vehicles to reduce the cost of their vehicles.

Automakers compel speaker suppliers to yield to stringent pricing, which further impacts their already limited profit margins. The competition in the market is also further intensified by the presence of many companies offering different products. In such a competitive environment, there is a need for continuous R&D investments to exploit advanced audio technology fully. To obviate the pricing pressures, speaker suppliers might differentiate their products using newly developed technologies or innovative features. Furthermore, partnerships with major automakers can help automotive speaker companies acquire long-term agreements to ensure revenue flow. Diversifying towards the aftermarket can also help audio companies adapt to the challenges in the market.

Global Automotive Speaker Market Ecosystem Analysis

The automotive speaker market is consolidated with the presence of major companies such as Panasonic Holdings Corporation (US), Bose Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Alps Alpine Co., Ltd. (Japan), Pioneer Corporation (Japan), Sony Group Corporation (Japan), Masimo Corporation (US), Clarion (US), Focal (France), Elettromedia S.p.A. (Italy), JVCKENWOOD Corporation (Japan), Stillwater Designs (US), and Rockford Corp. (US), and numerous small- and medium-sized enterprises.

Top Companies in Automotive Speaker Market
 

Passenger vehicle segment to account for largest market share during forecast period

The passenger vehicle segment is estimated to account for the largest share of the overall automotive speaker market. This is attributed to the huge global passenger vehicle production, along with shifting consumer expectations regarding quality in-car audio systems. Automotive speakers are installed in a range of passenger vehicles, ranging from budget-friendly compact vehicles to luxury cars, to cater to a wide spectrum of consumers. According to the International Organization of Motor Vehicle Manufacturers, global passenger vehicle production in 2023 reached 68 million units in response to the rising demand for personal vehicles worldwide. As buying power recovers among consumers and economic conditions improve, feature-rich, premium-quality sound systems are in high demand. Automakers are now focusing on the integration of advanced audio technologies as key differentiators. Notably, major audio companies, such as Burmester and Meridian Audio, have engaged in partnerships with upscale carmakers for immersive sound experiences, primarily within the luxury segment and increasingly extending to mid-range models as well. Overall, the growth in demand for various types of passenger vehicles, such as hatchbacks, sedans, SUVs, and crossovers, contributes to the automotive speaker market growth.

Component speakers segment to register highest CAGR during forecast period

The component speakers segment is projected to register the highest CAGR in the overall automotive speaker market during the forecast period. The rising consumer demand for premium and customizable in-car audio experiences is propelling the market for this segment. Component speakers consist of separate woofers, tweeters, and midrange speakers, which are individually positioned to distribute the sound. This separates clarity and staging, the qualities that attract consumers. These speakers offer customizability and durability, which are increasingly preferred by audiophiles and other tech-savvy consumers. Key players such as Alps Alpine, Sound United, and Samsung's JBL brand support the market growth by introducing advanced vehicle-specific component speaker systems, such as the DP-45C-B series by Alps Alpine for BMW and JBL's Stadium GTO series. As manufacturers aim to differentiate their offerings through high-end audio systems, component speakers are becoming a necessity in the automotive audio sector. The growing demand for high-end audio systems in luxury cars as well as mainstream passenger sedans due to increasing disposable incomes and the inclination toward customizability, durability, and upgradability are driving significant growth of the component speakers segment in the overall automotive speaker market.

Asia Pacific Region to be Largest Market for Automotive Speakers During Forecast Period

Asia Pacific is estimated to dominate the global automotive speaker market during the forecast period. This is attributed to the strong growth in vehicle production and the shift towards electric vehicles across the region. Premium audio systems are in high demand by key players like Tesla and BYD in emerging markets such as Malaysia. Investment in EV-charging infrastructure is supporting the shift toward EVs in the country. This allows next-generation in-car entertainment to match the trend and popularity. Increasing disposable incomes in Asia Pacific enables consumers to invest in better in-car experiences, thereby fueling the demand for higher-quality speaker systems. Advanced audio technologies, including noise cancellation and immersive sound configurations, are increasingly becoming popular among a wide spectrum of consumers. With Asia Pacific's strong automotive industry and the increasing demand for premium audio from consumers, the market for automotive speakers will continue to grow in developed and emerging countries such as India, China, Japan, and Malaysia. Moreover, the expansion of the electric vehicles sector is expected to fuel the demand for high-end automotive speakers in the region during the forecast period.

LARGEST MARKET IN 2024- 2029
NORTH AMERICA FASTEST GROWING MARKET IN THE REGION
Automotive Speaker Market Size and Share

Recent Developments of Automotive Speaker Market

  • In May 2024, Focal introduced the ISUB BMW 8, a Plug & Play subwoofer designed specifically for BMW and MINI vehicles. This 8-ohm subwoofer enhances in-car audio with precise, powerful bass, offering easy installation and improved performance.
  • In November 2023, Panasonic Automotive Systems Company of America, in collaboration with Fisker Inc., announced the launch of the Fisker Pulse audio system powered by ELS STUDIO 3D. Featuring 15 high-performance speakers, the system delivers studio-quality sound, aligning with the all-electric Fisker Ocean SUV's sustainability and performance focus.
  • In September 2023, Focal introduced four new audio kits compatible with Tesla Model 3 and Model Y, offering a high-quality, easy-to-install hi-fi sound system. Made in France, the range includes a 2-way component kit, coaxial kit, central speaker, and woofers, all designed for superior acoustic performance without modifying the vehicle's cabin.
  • In September 2023, Rockford Fosgate launched the Stage-1 overhead audio system for Can-Am Defender models. This system features two 5.25-inch coaxial speakers and a Bluetooth-enabled source unit. Its easy-to-install, three-piece design integrates seamlessly with the factory roof and windshield for enhanced audio performance.

Key Market Players

List of Top Automotive Speaker Market Companies

The Automotive Speaker Market is dominated by a few major players that have a wide regional presence. The major players in the Automotive Speaker companies are

Automotive Speaker Market Report Scope :

Report Attribute Details
Estimated Value USD 9.49 billion in 2024
Expected Value USD 12.92 billion in 2029
Growth Rate CAGR of 6.4%
Market size available for years 2020–2029
Base year considered 2023
Forecast period 2024–2029
Forecast units Value (USD Million) and Volume (Million Units)
Segments Covered By Type, By Vehicle Type, By Installation Location, By Sales Channel, and By Region
Regions covered North America, Europe, Asia Pacific, and Rest of the World

 

Key Questions Addressed by the Report

Which are the major companies in the automotive speaker market? What are their significant strategies to strengthen their market presence?
The major companies in the automotive speaker market are Panasonic Holdings Corporation (US), Bose Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Alps Alpine Co., Ltd. (Japan), Pioneer Corporation (Japan), and Sony Group Corporation (Japan). The major strategies adopted by these players are product launches & developments, collaborations, acquisitions, and expansions.
Which region is expected to dominate the automotive speaker market?
The Asia Pacific region is expected to dominate the automotive speaker market due to the presence of major companies and increasing passenger vehicle production.
What are the opportunities for new market entrants?
There are significant opportunities for start-up companies in the automotive speaker market. These companies provide innovative and diverse product portfolios.
What are the drivers and opportunities for the automotive speaker market?
Increasing demand for infotainment systems and rising demand for aftermarket customization trends are fueling the market growth.
What are the major automotive speaker technologies expected to drive the market's growth in the next five years?
Major automotive speaker technologies expected to drive the market growth include advanced noise cancellation, adaptive sound control, voice recognition, and immersive 3D audio systems.

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
24
RESEARCH METHODOLOGY
27
EXECUTIVE SUMMARY
39
PREMIUM INSIGHTS
43
MARKET OVERVIEW
46
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Growing demand for infotainment systems
    - Rising demand for aftermarket customization
    - Strategic partnerships between automakers and premium audio brands
    RESTRAINTS
    - Dependency on vehicle production rates
    OPPORTUNITIES
    - Technological advancements in audio systems
    - Increasing demand for electric vehicles with quieter cabins
    - Integration of IoT and AI technologies for smart speakers
    CHALLENGES
    - High competition and price sensitivity
    - Shifting consumer preferences
  • 5.3 VALUE CHAIN ANALYSIS
  • 5.4 ECOSYSTEM ANALYSIS
  • 5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.6 PRICING ANALYSIS
    AVERAGE SELLING PRICE OF AUTOMOTIVE SPEAKER, BY TYPE
    AVERAGE SELLING PRICE TREND OF AUTOMOTIVE SPEAKERS, BY TYPE
    AVERAGE SELLING PRICE TREND OF AUTOMOTIVE SPEAKERS, BY REGION
    INDICATIVE PRICING OF AUTOMOTIVE SPEAKERS, BY TYPE
  • 5.7 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Digital signal processing
    - 3D sound processing
    COMPLEMENTARY TECHNOLOGIES
    - Infotainment system
    - Bluetooth and wireless connectivity
    ADJACENT TECHNOLOGIES
    - Voice recognition and control systems
  • 5.8 PORTER'S FIVE FORCES ANALYSIS
    INTENSITY OF COMPETITIVE RIVALRY
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    THREAT OF SUBSTITUTES
    THREAT OF NEW ENTRANTS
  • 5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.10 CASE STUDY ANALYSIS
  • 5.11 INVESTMENT AND FUNDING SCENARIO
  • 5.12 TRADE ANALYSIS
    IMPORT DATA (HS CODE 851822)
    EXPORT DATA (HS CODE 851822)
  • 5.13 PATENT ANALYSIS
  • 5.14 KEY CONFERENCES AND EVENTS, 2024–2025
  • 5.15 TARIFF AND REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    TARIFF ANALYSIS
    STANDARDS
  • 5.16 IMPACT OF AI ON AUTOMOTIVE SPEAKER MARKET
    INTRODUCTION
    AI USE CASES
TECHNOLOGY INTEGRATION IN AUTOMOTIVE SPEAKERS
81
  • 6.1 INTRODUCTION
  • 6.2 BLUETOOTH AND WIRELESS CONNECTIVITY
    GROWING DEMAND FOR SEAMLESS HANDS-FREE COMMUNICATION AND INFOTAINMENT SYSTEMS DRIVING GROWTH
  • 6.3 SMART SPEAKERS (IVA INTEGRATION)
    GROWING ADOPTION OF CONNECTED CARS AND VOICE-CONTROLLED INTERFACES TO BOOST DEMAND
  • 6.4 MULTI-ZONE AUDIO SYSTEMS
    ADVANCEMENTS IN MULTI-SPEAKER ARRANGEMENTS FOR SOUND ISOLATION FUELING MARKET GROWTH
AUTOMOTIVE SPEAKER MARKET, BY TYPE
83
  • 7.1 INTRODUCTION
  • 7.2 COMPONENT SPEAKERS
    CUSTOMIZATION AND FLEXIBILITY OF COMPONENT SPEAKER SYSTEMS DRIVING MARKET GROWTH
  • 7.3 COAXIAL SPEAKERS
    DEMAND FOR AFFORDABLE AUDIO UPGRADES TO BOOST SEGMENTAL GROWTH
  • 7.4 SUBWOOFERS
    OFFERS ENHANCED BASS EXPERIENCE IN VEHICLES
AUTOMOTIVE SPEAKER MARKET, BY VEHICLE TYPE
88
  • 8.1 INTRODUCTION
  • 8.2 PASSENGER VEHICLES
    HATCHBACKS
    - Growing popularity of high-end hatchback models driving market growth
    SEDANS
    - Recovery in commercial ride-hailing services to support market growth
    SUVS & CROSSOVERS
    - Increasing new model launches by leading automakers to fuel market growth
  • 8.3 COMMERCIAL VEHICLES
    TRUCKS & VANS
    - Shift toward electric vans and trucks with advanced infotainment systems to boost segmental growth
    BUSES & COACHES
    - Need for high-quality audio systems for navigation and communication to fuel market growth
    EMERGENCY RESPONSE VEHICLES
    - Increased focus on public safety and emergency preparedness to support market growth
  • 8.4 TWO-WHEELERS
    RISING POPULARITY OF ELECTRIC TWO-WHEELERS AND INTEGRATED AUDIO TECHNOLOGIES TO FUEL MARKET GROWTH
    - E-bikes
AUTOMOTIVE SPEAKER MARKET, BY INSTALLATION LOCATION
106
  • 9.1 INTRODUCTION
  • 9.2 DOOR SPEAKERS
    REFINED SOUND DISTRIBUTION THROUGH MULTIPLE SPEAKER CONFIGURATIONS DRIVING MARKET GROWTH
  • 9.3 DASHBOARD SPEAKERS
    RISING POPULARITY OF CUSTOM AUDIO SETUPS TO BOOST SEGMENTAL GROWTH
  • 9.4 REAR DECK SPEAKERS
    OFFERS ENHANCED LOUD BASS EXPERIENCE IN VEHICLES
    AUTOMOTIVE SPEAKER MARKET, BY SALES CHANNEL
AUTOMOTIVE SPEAKER MARKET, BY SALES CHANNEL
112
  • 10.1 INTRODUCTION
  • 10.2 OEM (ORIGINAL EQUIPMENT MANUFACTURER)
    COLLABORATION BETWEEN AUTOMAKERS AND AUDIO TECHNOLOGY COMPANIES TO DRIVE MARKET
  • 10.3 AFTERMARKET
    ONLINE RETAILERS
    - Wide product selection and customer reviews and ratings to support market growth
    SPECIALTY STORES
    - Expert guidance and installation services for car audio systems to fuel demand
AUTOMOTIVE SPEAKER MARKET, BY REGION
117
  • 11.1 INTRODUCTION
  • 11.2 NORTH AMERICA
    MACROECONOMIC OUTLOOK FOR NORTH AMERICA
    US
    - Government investments in EV infrastructure supporting market growth
    CANADA
    - Investments by key auto companies to boost market growth
    MEXICO
    - Increased investment and rising vehicle production to drive market
  • 11.3 EUROPE
    MACROECONOMIC OUTLOOK FOR EUROPE
    UK
    - Increasing vehicle production to fuel market growth
    GERMANY
    - Presence of leading automotive audio brands to contribute to market growth
    FRANCE
    - Investment in electric vehicle manufacturing to drive market growth
    ITALY
    - Government support for automotive production to fuel market growth
    RUSSIA
    - Government investments in electric and hydrogen vehicles to support market growth
    REST OF EUROPE
    - Growing automotive production and export markets to fuel market growth
  • 11.4 ASIA PACIFIC
    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
    CHINA
    - Strategic partnership and collaboration with automakers to drive market growth
    JAPAN
    - Presence of key industry players accelerating market growth
    SOUTH KOREA
    - Technological innovation in audio systems to enhance market growth
    INDIA
    - Government initiatives such as PLI scheme to support market growth
    AUSTRALIA
    - Shift towards eco-friendly vehicles and strong government support to drive market growth
    REST OF ASIA PACIFIC
    - Infrastructure development for electric vehicles to drive market
  • 11.5 ROW
    MACROECONOMIC OUTLOOK FOR ROW
    MIDDLE EAST
    - GCC countries
    - Rest of Middle East
    AFRICA
    - Collaborations between local and international automotive manufacturers to support market growth
    SOUTH AMERICA
    - Strong presence of automakers to fuel market growth
COMPETITIVE LANDSCAPE
156
  • 12.1 OVERVIEW
  • 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021−2024
  • 12.3 REVENUE ANALYSIS, 2019–2023
  • 12.4 MARKET SHARE ANALYSIS, 2023
  • 12.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 12.6 BRAND/PRODUCT COMPARISON
  • 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2023
    - Company footprint
    - Region footprint
    - Type footprint
    - Vehicle type footprint
    - Sales channel footprint
    - Installation location footprint
  • 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
    - Detailed list of key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
  • 12.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES/DEVELOPMENTS
    DEALS
    EXPANSIONS
COMPANY PROFILES
182
  • 13.1 KEY PLAYERS
    PANASONIC HOLDINGS CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BOSE CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SAMSUNG ELECTRONICS CO., LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    ALPS ALPINE CO., LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    PIONEER CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SONY GROUP CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    MASIMO CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    CLARION
    - Business overview
    - Products/Solutions/Services offered
    FOCAL
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - ELETTROMEDIA S.P.A.
    - JVCKENWOOD CORPORATION
    - STILLWATER DESIGNS
    - ROCKFORD CORP.
  • 13.2 OTHER PLAYERS
    BLAUPUNKT
    BURMESTER
    DYNAUDIO A/S
    JL AUDIO
    MERIDIAN AUDIO
    CERWIN VEGA
    HYBRID AUDIO TECHNOLOGIES
    MCINTOSH LABORATORY, INC.
    MOREL
    - WINN SCANDINAVIA
    - ETON AUDIO
    - MTX INTERNATIONAL
APPENDIX
244
  • 14.1 DISCUSSION GUIDE
  • 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 14.3 CUSTOMIZATION OPTIONS
  • 14.4 RELATED REPORTS
LIST OF TABLES
 
  • TABLE 1 AUTOMOTIVE SPEAKER MARKET: RESEARCH ASSUMPTIONS
  • TABLE 2 LIMITATIONS AND ASSOCIATED RISKS
  • TABLE 3 MARKET: ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 4 AVERAGE SELLING PRICE OF AUTOMOTIVE SPEAKERS OFFERED BY KEY PLAYERS, BY TYPE (USD)
  • TABLE 5 INDICATIVE PRICING OF AUTOMOTIVE SPEAKERS, BY TYPE
  • TABLE 6 MARKET: PORTER'S FIVE FORCES ANALYSIS
  • TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR AUTOMOTIVE SPEAKERS, BY VEHICLE TYPE
  • TABLE 8 KEY BUYING CRITERIA FOR AUTOMOTIVE SPEAKERS, BY VEHICLE TYPE
  • TABLE 9 TOYOTA MOTOR PARTNERSHIP WITH PIONEER CORPORATION FOR PREMIUM DISPLAY AND SOUND SYSTEMS
  • TABLE 10 BURMESTER COLLABORATES WITH LUXURY CAR BRANDS TO DEVELOP CUSTOM AUDIO SOLUTIONS
  • TABLE 11 MERIDIAN AUDIO PARTNERS WITH JLR TO DEVELOP ADVANCED AUDIO SOLUTIONS
  • TABLE 12 IMPORT DATA FOR HS CODE 851822-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 13 EXPORT DATA FOR HS CODE 851822-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 14 AUTOMOTIVE SPEAKER MARKET: LIST OF MAJOR PATENTS, 2020–2023
  • TABLE 15  MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025
  • TABLE 16 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 17 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 18 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 19 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 20 MFN TARIFF FOR HS CODE 851822-COMPLIANT PRODUCTS EXPORTED BY CHINA
  • TABLE 21 AUTOMOTIVE SPEAKER MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 22 MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 23 COMPONENT SPEAKERS: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 24 COMPONENT SPEAKERS:  MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 25 COAXIAL SPEAKERS:  MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 26 COAXIAL SPEAKERS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 27 SUBWOOFER SPEAKERS: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 28 SUBWOOFER SPEAKERS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 29 MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 30 MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 31 MARKET, BY VEHICLE TYPE, 2020–2023 (MILLION UNITS)
  • TABLE 32 MARKET, BY VEHICLE TYPE, 2024–2029 (MILLION UNITS)
  • TABLE 33 AUTOMOTIVE SPEAKER MARKET FOR PASSENGER VEHICLES, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 34 MARKET FOR PASSENGER VEHICLES, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 35 MARKET FOR PASSENGER VEHICLES, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 36 MARKET FOR PASSENGER VEHICLES, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 37 NORTH AMERICA: MARKET FOR PASSENGER VEHICLES, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 38 NORTH AMERICA: AUTOMOTIVE SPEAKER MARKET FOR PASSENGER VEHICLES, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 39 EUROPE: MARKET FOR PASSENGER VEHICLES, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 40 EUROPE: MARKET FOR PASSENGER VEHICLES, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 41 ASIA PACIFIC: MARKET FOR PASSENGER VEHICLES, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 42 ASIA PACIFIC: MARKET FOR PASSENGER VEHICLES, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 43 ROW: AUTOMOTIVE SPEAKER MARKET FOR PASSENGER VEHICLES, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 44 ROW: MARKET FOR PASSENGER VEHICLES, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 45 MARKET FOR COMMERCIAL VEHICLES, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 46 MARKET FOR COMMERCIAL VEHICLES, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 47 MARKET FOR COMMERCIAL VEHICLES, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 48 MARKET FOR COMMERCIAL VEHICLES, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 49 NORTH AMERICA: MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 50 NORTH AMERICA: MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 51 EUROPE: MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 52 EUROPE: MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 53 ASIA PACIFIC: MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 54 ASIA PACIFIC:  MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 55 ROW: MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 56 ROW: AUTOMOTIVE SPEAKER MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 57 MARKET FOR TWO-WHEELERS, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 58 MARKET FOR TWO-WHEELERS, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 59 NORTH AMERICA: MARKET FOR TWO-WHEELERS, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 60 NORTH AMERICA:  MARKET FOR TWO-WHEELERS, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 61 EUROPE:  MARKET FOR TWO-WHEELERS, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 62 EUROPE: MARKET FOR TWO-WHEELERS, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 63 ASIA PACIFIC: MARKET FOR TWO-WHEELERS, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 64 ASIA PACIFIC:  MARKET FOR TWO-WHEELERS, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 65 ROW: MARKET FOR TWO-WHEELERS, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 66 ROW: MARKET FOR TWO-WHEELERS, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 67 MARKET, BY INSTALLATION LOCATION, 2020–2023 (USD MILLION)
  • TABLE 68 MARKET, BY INSTALLATION LOCATION, 2024–2029 (USD MILLION)
  • TABLE 69 MARKET FOR DOOR SPEAKERS, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 70 AUTOMOTIVE SPEAKER MARKET FOR DOOR SPEAKERS, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 71 MARKET FOR DASHBOARD SPEAKERS, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 72 MARKET FOR DASHBOARD SPEAKERS, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 73 MARKET FOR REAR DECK SPEAKERS, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 74 MARKET FOR REAR DECK SPEAKERS, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 75 MARKET, BY SALES CHANNEL, 2020–2023 (USD MILLION)
  • TABLE 76 MARKET, BY SALES CHANNEL, 2024–2029 (USD MILLION)
  • TABLE 77 OEM: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 78 OEM:  MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 79 AFTERMARKET: AUTOMOTIVE SPEAKER MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 80 AFTERMARKET: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 81 AFTERMARKET: MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 82 AFTERMARKET: MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 83 MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 84 MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 85 MARKET, BY REGION, 2020–2023 (MILLION UNITS)
  • TABLE 86 MARKET, BY REGION, 2024–2029 (MILLION UNITS)
  • TABLE 87 NORTH AMERICA:  MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 88 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 89 NORTH AMERICA: MARKET, BY COUNTRY, 2020–2023 (MILLION UNITS)
  • TABLE 90 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (MILLION UNITS)
  • TABLE 91 NORTH AMERICA: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 92 NORTH AMERICA: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 93 NORTH AMERICA: MARKET, BY SALES CHANNEL, 2020–2023 (USD MILLION)
  • TABLE 94 NORTH AMERICA: MARKET, BY SALES CHANNEL, 2024–2029 (USD MILLION)
  • TABLE 95 NORTH AMERICA: MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 96 NORTH AMERICA: MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 97 NORTH AMERICA: AUTOMOTIVE SPEAKER MARKET, BY INSTALLATION LOCATION, 2020–2023 (USD MILLION)
  • TABLE 98 NORTH AMERICA: MARKET, BY INSTALLATION LOCATION, 2024–2029 (USD MILLION)
  • TABLE 99 US: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 100 US: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 101 CANADA: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 102 CANADA:  MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 103 MEXICO: AUTOMOTIVE SPEAKER MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 104 MEXICO: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 105 EUROPE: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 106 EUROPE: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 107 EUROPE: MARKET, BY COUNTRY, 2020–2023 (MILLION UNITS)
  • TABLE 108 EUROPE: MARKET, BY COUNTRY, 2024–2029 (MILLION UNITS)
  • TABLE 109 EUROPE: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 110 EUROPE: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 111 EUROPE: MARKET, BY SALES CHANNEL, 2020–2023 (USD MILLION)
  • TABLE 112 EUROPE: AUTOMOTIVE SPEAKER MARKET, BY SALES CHANNEL, 2024–2029 (USD MILLION)
  • TABLE 113 EUROPE: MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 114 EUROPE: MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 115 EUROPE: MARKET, BY INSTALLATION LOCATION, 2020–2023 (USD MILLION)
  • TABLE 116 EUROPE: MARKET, BY INSTALLATION LOCATION, 2024–2029 (USD MILLION)
  • TABLE 117 UK: AUTOMOTIVE SPEAKER MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 118 UK: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 119 GERMANY: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 120 GERMANY: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 121 FRANCE: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 122 FRANCE: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 123 ITALY:  MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 124 ITALY: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 125 RUSSIA: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 126 RUSSIA: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 127 REST OF EUROPE: AUTOMOTIVE SPEAKER MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 128 REST OF EUROPE: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 129 ASIA PACIFIC:MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 130 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 131 ASIA PACIFIC: MARKET, BY COUNTRY, 2020–2023 (MILLION UNITS)
  • TABLE 132 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2029 (MILLION UNITS)
  • TABLE 133 ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 134 ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 135 ASIA PACIFIC: MARKET, BY SALES CHANNEL, 2020–2023 (USD MILLION)
  • TABLE 136 ASIA PACIFIC: MARKET, BY SALES CHANNEL, 2024–2029 (USD MILLION)
  • TABLE 137 ASIA PACIFIC: AUTOMOTIVE SPEAKER MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 138 ASIA PACIFIC: MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 139 ASIA PACIFIC: MARKET, BY INSTALLATION LOCATION, 2020–2023 (USD MILLION)
  • TABLE 140 ASIA PACIFIC: MARKET, BY INSTALLATION LOCATION, 2024–2029 (USD MILLION)
  • TABLE 141 CHINA: AUTOMOTIVE SPEAKER MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 142 CHINA: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 143 JAPAN: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 144 JAPAN:MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 145 SOUTH KOREA: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 146 SOUTH KOREA: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 147 INDIA:  MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 148 INDIA:  MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 149 AUSTRALIA: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 150 AUSTRALIA: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 151 REST OF ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 152 REST OF ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 153 ROW: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 154 ROW: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 155 ROW: MARKET, BY COUNTRY, 2020–2023 (MILLION UNITS)
  • TABLE 156 ROW: MARKET, BY COUNTRY, 2024–2029 (MILLION UNITS)
  • TABLE 157 ROW: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 158 ROW: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 159 ROW: AUTOMOTIVE SPEAKER MARKET, BY SALES CHANNEL, 2020–2023 (USD MILLION)
  • TABLE 160 ROW: MARKET, BY SALES CHANNEL, 2024–2029 (USD MILLION)
  • TABLE 161 ROW:  MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 162 ROW: MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 163 ROW: MARKET, BY INSTALLATION LOCATION, 2020–2023 (USD MILLION)
  • TABLE 164 ROW: MARKET, BY INSTALLATION LOCATION, 2024–2029 (USD MILLION)
  • TABLE 165 MIDDLE EAST: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 166 MIDDLE EAST: AUTOMOTIVE SPEAKER MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 167 AFRICA: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 168 AFRICA: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 169 SOUTH AMERICA: MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
  • TABLE 170 SOUTH AMERICA: MARKET, BY VEHICLE TYPE, 2024–2029 (USD MILLION)
  • TABLE 171 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR COMPANIES, JANUARY 2021−SEPTEMBER 2024
  • TABLE 172 MARKET: DEGREE OF COMPETITION, 2023
  • TABLE 173 MARKET: REGION FOOTPRINT
  • TABLE 174 MARKET: TYPE FOOTPRINT
  • TABLE 175  MARKET: VEHICLE TYPE FOOTPRINT
  • TABLE 176 MARKET: SALES CHANNEL FOOTPRINT
  • TABLE 177 MARKET: INSTALLATION LOCATION FOOTPRINT
  • TABLE 178 MARKET: LIST OF KEY STARTUPS/SMES
  • TABLE 179 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 180 MARKET: PRODUCT LAUNCHES, JANUARY 2021–SEPTEMBER 2024
  • TABLE 181 AUTOMOTIVE SPEAKER MARKETS MARKET: DEALS, JANUARY 2021–SEPTEMBER 2024
  • TABLE 182 MARKETS MARKET: EXPANSIONS, JANUARY 2021–SEPTEMBER 2024
  • TABLE 183 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
  • TABLE 184 PANASONIC HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 185 PANASONIC HOLDINGS CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 186 PANASONIC HOLDINGS CORPORATION: DEALS
  • TABLE 187 BOSE CORPORATION: COMPANY OVERVIEW
  • TABLE 188 BOSE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 189 BOSE CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 190 BOSE CORPORATION: DEALS
  • TABLE 191 SAMSUNG ELECTRONICS CO., LTD.: COMPANY OVERVIEW
  • TABLE 192 SAMSUNG ELECTRONICS CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 193 SAMSUNG ELECTRONICS CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 194 SAMSUNG ELECTRONICS CO., LTD.: EXPANSIONS
  • TABLE 195 ALPS ALPINE CO., LTD.: COMPANY OVERVIEW
  • TABLE 196 ALPS ALPINE CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 197 ALPS ALPINE CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 198 PIONEER CORPORATION: COMPANY OVERVIEW
  • TABLE 199 PIONEER CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 200 PIONEER CORPORATION: EXPANSIONS
  • TABLE 201 PIONEER CORPORATION: DEALS
  • TABLE 202 SONY GROUP CORPORATION: COMPANY OVERVIEW
  • TABLE 203 SONY GROUP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 204 SONY GROUP CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 205 MASIMO CORPORATION: COMPANY OVERVIEW
  • TABLE 206 MASIMO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 207 MASIMO CORPORATION: DEALS
  • TABLE 208 CLARION: COMPANY OVERVIEW
  • TABLE 209 CLARION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 210 FOCAL: COMPANY OVERVIEW
  • TABLE 211 FOCAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 212 FOCAL: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 213 ELETTROMEDIA S.P.A.: COMPANY OVERVIEW
  • TABLE 214 ELETTROMEDIA S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 215 ELETTROMEDIA S.P.A.: EXPANSIONS
  • TABLE 216 JVCKENWOOD CORPORATION: COMPANY OVERVIEW
  • TABLE 217 JVCKENWOOD CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 218 STILLWATER DESIGNS: COMPANY OVERVIEW
  • TABLE 219 STILLWATER DESIGNS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 220 ROCKFORD CORP.: COMPANY OVERVIEW
  • TABLE 221 ROCKFORD CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 222 ROCKFORD CORP.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 223 BLAUPUNKT: COMPANY OVERVIEW
  • TABLE 224 BURMESTER: COMPANY OVERVIEW
  • TABLE 225 DYNAUDIO A/S: COMPANY OVERVIEW
  • TABLE 226 JL AUDIO: COMPANY OVERVIEW
  • TABLE 227 MERIDIAN AUDIO: COMPANY OVERVIEW
  • TABLE 228 CERWIN VEGA: COMPANY OVERVIEW
  • TABLE 229 HYBRID AUDIO TECHNOLOGIES: COMPANY OVERVIEW
  • TABLE 230 MCINTOSH LABORATORY, INC.: COMPANY OVERVIEW
  • TABLE 231 MOREL: COMPANY OVERVIEW
  • TABLE 232 WINN SCANDINAVIA: COMPANY OVERVIEW
  • TABLE 233 ETON AUDIO: COMPANY OVERVIEW
  • TABLE 234 MTX INTERNATIONAL: COMPANY OVERVIEW
LIST OF FIGURES
 
  • FIGURE 1 AUTOMOTIVE SPEAKER MARKET SEGMENTATION AND REGIONAL SCOPE
  • FIGURE 2 MARKET: RESEARCH DESIGN
  • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
  • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY-SIDE)—IDENTIFICATION OF REVENUE GENERATED BY COMPANIES FROM AUTOMOTIVE SPEAKER MARKET
  • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 7  MARKET: DATA TRIANGULATION
  • FIGURE 8 COAXIAL SPEAKERS TO LEAD AUTOMOTIVE SPEAKER MARKET FROM 2024 TO 2029
  • FIGURE 9 PASSENGER VEHICLES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 10 OEM TO LEAD MARKET BETWEEN 2024 AND 2029
  • FIGURE 11 ASIA PACIFIC ACCOUNTS FOR LARGEST SHARE OF  MARKET IN 2024
  • FIGURE 12 STRATEGIC PARTNERSHIPS BETWEEN AUTOMAKERS AND PREMIUM AUDIO BRAND TO BOOST MARKET GROWTH
  • FIGURE 13 US DOMINATES NORTH AMERICAN  MARKET IN 2024
  • FIGURE 14 PASSENGER VEHICLES TO ACCOUNT FOR LARGEST SHARE OF AUTOMOTIVE SPEAKER MARKET IN ASIA PACIFIC
  • FIGURE 15 INDIA TO REGISTER HIGHEST CAGR IN  MARKET FROM 2024 TO 2029
  • FIGURE 16 AUTOMOTIVE SPEAKER MARKET DYNAMICS: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 17 DRIVERS AND THEIR IMPACT ON MARKET
  • FIGURE 18 RESTRAINTS AND THEIR IMPACT ON  MARKET
  • FIGURE 19 OPPORTUNITIES AND THEIR IMPACT ON  MARKET
  • FIGURE 20 CHALLENGES AND THEIR IMPACT ON MARKET
  • FIGURE 21 VALUE CHAIN ANALYSIS: AUTOMOTIVE SPEAKER MARKET
  • FIGURE 22 MARKET: ECOSYSTEM ANALYSIS
  • FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 24 AVERAGE SELLING PRICE OF AUTOMOTIVE SPEAKER OFFERED BY KEY PLAYERS, BY TYPE, 2023
  • FIGURE 25 AVERAGE SELLING PRICE TREND OF AUTOMOTIVE SPEAKER, BY TYPE
  • FIGURE 26 AVERAGE SELLING PRICE TREND OF AUTOMOTIVE SPEAKERS, BY REGION
  • FIGURE 27 PORTER'S FIVE FORCES ANALYSIS: MARKET
  • FIGURE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR AUTOMOTIVE SPEAKERS, BY VEHICLE TYPE
  • FIGURE 29 KEY BUYING CRITERIA FOR AUTOMOTIVE SPEAKERS, BY VEHICLE TYPE
  • FIGURE 30 FUNDS ACQUIRED BY COMPANIES FOR ELECTRIC VEHICLES
  • FIGURE 31 IMPORT SCENARIO FOR HS CODE 851822-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2019–2023
  • FIGURE 32 EXPORT SCENARIO FOR HS CODE 851822-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2019–2023
  • FIGURE 33 PATENTS GRANTED IN MARKET, 2014–2024
  • FIGURE 34 AUTOMOTIVE SPEAKER MARKET: AI USE CASE
  • FIGURE 35 COAXIAL SPEAKERS TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 36 PASSENGER VEHICLES SEGMENT TO ACCOUNT FOR HIGHEST MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 37 DOOR SPEAKERS TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 38 OEM SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 39 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 40 NORTH AMERICA: MARKET SNAPSHOT
  • FIGURE 41 EUROPE: MARKET SNAPSHOT
  • FIGURE 42 ASIA PACIFIC: AUTOMOTIVE SPEAKER MARKET SNAPSHOT
  • FIGURE 43 REVENUE ANALYSIS OF KEY PLAYERS IN  MARKET, 2019−2023
  • FIGURE 44 MARKET SHARE ANALYSIS OF MAJOR PLAYERS, 2023
  • FIGURE 45 COMPANY VALUATION, 2023
  • FIGURE 46 FINANCIAL METRICS (EV/EBITDA), 2023
  • FIGURE 47 BRAND/PRODUCT COMPARISON
  • FIGURE 48 MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 49 MARKET: COMPANY FOOTPRINT
  • FIGURE 50 AUTOMOTIVE SPEAKER MARKET: COMPANY EVALUATION MATRIX (SMES/STARTUPS), 2024
  • FIGURE 51 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT
  • FIGURE 52 SAMSUNG ELECTRONICS CO., LTD.: COMPANY SNAPSHOT
  • FIGURE 53 ALPS ALPINE CO., LTD.: COMPANY SNAPSHOT
  • FIGURE 54 SONY GROUP CORPORATION: COMPANY SNAPSHOT
  • FIGURE 55 MASIMO CORPORATION: COMPANY SNAPSHOT
  • FIGURE 56 JVCKENWOOD CORPORATION: COMPANY SNAPSHOT

 

The study used four major activities to estimate the market size of the automotive speaker. Exhaustive secondary research was conducted to gather information on the market and its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. Finally, market breakdown and data triangulation methods were utilized to estimate the market size for different segments and subsegments.

Secondary Research

The research methodology used to estimate and forecast the size of the automotive speaker market began with the acquisition of data related to the revenues of key vendors in the market through secondary research. Various secondary sources have been referred to in the secondary research process for identifying and collecting information for this study. Secondary sources include annual reports, press releases, and investor presentations of companies; white papers, journals, certified publications, and articles by recognized authors; websites; directories; and databases. Secondary research has mainly been used to obtain key information about the value chain of the automotive speaker market, key players, market classification, and segmentation according to the industry trends to the bottom-most level, geographic markets, and key developments from both market and technology-oriented perspectives. Secondary data has been collected and analyzed to determine the overall market size, further validated through primary research. The secondary research referred to for this research study involves the International Organization of Motor Vehicle Manufacturers (OICA), Federation of Automobile Dealers Associations (FADA), Society of Automotive Engineers India (SAEINDIA), Santa Clarita Auto Sound, Inc., AudioMotive, Department of Business & Trade. Moreover, the study involved extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect valuable information for a technical, market-oriented, and commercial study of the automotive speaker market. Vendor offerings have been taken into consideration to determine market segmentation.

Primary Research

In the primary research, various primary sources from both the supply and demand sides have been interviewed to obtain the qualitative and quantitative information relevant to this report. Primary sources from the supply side include the key industry participants, subject-matter experts (SMEs), and C-level executives and consultants from various key companies and organizations in the automotive speaker ecosystem. After the complete market engineering (including calculations for the market statistics, the market breakdown, the market size estimations, the market forecasting, and the data triangulation), extensive primary research has been conducted to verify and validate the critical market numbers obtained. Extensive qualitative and quantitative analyses have been performed during the market engineering process to list key information/insights throughout the report. Extensive primary research has been conducted after understanding the automotive speaker market scenario through secondary research. Several primary interviews have been conducted with market experts from the demand and supply-side players across key regions: North America, Europe, Asia Pacific, and the Rest of the World (Middle East, Africa, and South America). Various primary sources from the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. Following is the breakdown of the primary respondents.

Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in our report. After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This and the in-house subject matter experts’ opinions have led us to the findings described in the remainder of this report.

Automotive Speaker Market Size, and Share

Note: The three tiers of the companies are defined based on their total revenue in 2023: Tier 1 - revenue greater than or equal to USD 1
billion; Tier 2 - revenue between USD 100 million and USD 1 billion; and Tier 3 revenue less than or equal to USD 100 million. Other
designations include sales managers, marketing managers, and product managers.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

To estimate and validate the size of the automotive speaker market and its submarkets, both top-down and bottom-up approaches were utilized. Secondary research was conducted to identify the key players in the market, and primary and secondary research was used to determine their market share in specific regions. The entire process involved studying top players' annual and financial reports and conducting extensive interviews with industry leaders such as CEOs, VPs, directors, and marketing executives. Secondary sources were used to determine all percentage shares and breakdowns, which were verified through primary sources. All parameters that could impact the markets covered in this research study were accounted for, analyzed in detail, verified through primary research, and consolidated to obtain the final quantitative and qualitative data.

Market Size Estimation Methodology- Top-down approach

In the top-down approach, an exhaustive list of all the vendors offering products in the WCM market was prepared. The revenue contribution of the market vendors was estimated through annual reports, press releases, funding, investor presentations, paid databases, and primary interviews. Each vendor's offerings were evaluated based on the breadth of product type, deployment mode, architecture, and end user. The aggregate of all the companies’ revenue was extrapolated to reach the overall market size. Each subsegment was studied and analyzed for its global market size and regional penetration. The markets were triangulated through both primary and secondary research. The primary procedure included extensive interviews for key insights from industry leaders, such as CIOs, CEOs, VPs, directors, and marketing executives. The market numbers were further triangulated with the existing MarketsandMarkets’ repository for validation.

Automotive Speaker Market : Top-Down and Bottom-Up Approach

Automotive Speaker Market Top Down and Bottom Up Approach

Data Triangulation

Once the overall size of the automotive speaker market was determined using the methods described above, it was divided into multiple segments and subsegments. Market engineering was performed for each segment and subsegment using market breakdown and data triangulation methods, as applicable, to obtain accurate statistics. To triangulate the data, various factors and trends from the demand and supply sides were studied. The market was validated using both top-down and bottom-up approaches.

Market Definition

The automotive speaker market includes the development, distribution, and installation of audio systems specifically made for vehicles like passenger cars, commercial vehicles, and electric vehicles (EVs). These speakers vary from standard to high-quality systems to meet diverse consumer preferences for in-car audio. Designed for vehicle conditions, these speakers provide clear sound despite vibrations, temperature shifts, and varying speeds. Increasing demand for premium audio and advances in sound technology are driving growth in this market. Automakers and aftermarket providers are collaborating with audio technology companies to offer various speaker types, including coaxial, component, and subwoofer speakers, that cater to distinct vehicle segments and consumer preferences. With the rise in electric and hybrid vehicles, the market is witnessing new growth opportunities as manufacturers prioritize advanced audio features that enhance the driving experience.

Stakeholders

  • Raw material providers
  • OEMs (Original Equipment Manufacturers)
  • Aftermarket Distributors and Retailers
  • Integrators and solution providers
  • Professional services/solution providers
  • Research institutions and organizations

Report Objectives

  • To estimate and forecast the size of the Automotive Speaker Market in terms of value based on type, vehicle type, installation location, sales channel, and region.
  • To analyze the influence of electric vehicles on speaker system requirements and design.
  • To analyze different speaker types and their adoption rates across various vehicle segments.
  • To describe and forecast the market size, in terms of value, for four major regions-North America, Europe, Asia Pacific, and Rest of the World (RoW).
  • To provide detailed information regarding major factors such as drivers, restraints, opportunities, and challenges influencing the market growth.
  • To provide a detailed overview of the Automotive Speaker value chain.
  • To strategically analyze micro markets regarding individual market trends, growth prospects, and contributions to the total market.
  • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with a detailed competitive landscape for the market leaders.
  • To analyze major growth strategies such as product launches/developments, and acquisitions adopted by the key market players to enhance their market position.
  • To analyze the impact of the macroeconomic factors impacting the automotive speaker market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

  • Detailed analysis and profiling of additional market players (up to 5)
  • Additional country-level analysis of the automotive speaker market

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company in the automotive speaker market.

Previous Versions of this Report

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Growth opportunities and latent adjacency in Automotive Speaker Market

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