Automotive premium audio systems deliver high-performance sound experience using several audio speakers, woofers, and other components. They have features like surround sound, eight or more speakers, and powerful amplification of 450 watts or more.
The classification of Automotive Premium Audio Systems includes 400-600 Watt and above 600 Watt. The proportion of 400-600 Watt is decreasing year by year, and the production proportion of 400-600 Watt is about 90% in 2018.
Automotive Premium Audio Systems is widely used in Luxury Cars and Mid-size Passenger Cars. The most proportion of Luxury Cars is 53.7% and the Consumption in 2018 is 6456 K Units.
Europe is the largest consumption place, with a consumption market share nearly 34.4% in 2018. Following Europe, North America and China are the also largest consumption places in the world. And China is the main export - oriented countries.
The Automotive Premium Audio Systems market was valued at 4714 Million US$ in 2018 and is projected to reach 6812 Million US$ by 2025, at a CAGR of 5.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automotive Premium Audio Systems.
This report presents the worldwide Automotive Premium Audio Systems market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Automotive Premium Audio Systems Breakdown Data by Type
Above 600 Watt
Automotive Premium Audio Systems Breakdown Data by Application
Mid-size Passenger Cars
Automotive Premium Audio Systems Production by Region
Automotive Premium Audio Systems Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Premium Audio Systems status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Premium Audio Systems manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Premium Audio Systems :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Premium Audio Systems market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.