Automotive Speaker Market Trends, Analysis & Forecast,2027

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Automotive Speaker Market 2021-2027 Growth
Forecast Industry Share Report
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Industry Insights

• The automotive speaker market is estimated to
  procure steady growth in view of latest
  technological advancements in audio components.
  Increasing demand for high-end features in newer
  vehicles along with changing consumer preferences
  towards in-car audio quality are factors likely
  to fuel product adoption.
• Automotive speaker manufacturers are working on
  new product development that meet user
  requirement. For instance, in 2018, key industry
  player, Pioneer India introduced its smart sync
  app and SPH-C19BT head unit in order to make
  driving distraction-free and safer. The head unit
  contains powerful entertainment features and
  design, and enables call answering, google
  navigation, music, and message reading possible
  without distracting the driver

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• Based on type, the demand for 4-way speakers is
  surging in the luxury vehicle segment owing to
  its improved power and bass volume compared to
  3-way and 2-way speakers. 4-way speakers have the
  ability to produce high-quality sound and handle
  high frequencies. However, 2-way speakers are
  also projected to witness substantial growth
  given to their compact size and low initial
  costs. Ample availability of these speakers by
  aftermarket vendors and OEMs may help meet user
  demand.
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• However, 2-way speakers are also projected to
  witness substantial growth given to their compact
  size and low initial costs. Ample availability of
  these speakers by aftermarket vendors and OEMs
  may help meet user demand.

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Browse complete Table of Contents (ToC) of this
research report _at_ https//www.gminsights.com/toc/
detail/automotive-audio-system-market Chapter 5
Automotive Speaker Market, By Speaker Type 5.1
Key trends, by speaker 5.2 2-way
speakers 5.2.1 Market estimates and forecast,
2017 - 2027 5.3 3-way speakers 5.3.1
Market estimates and forecast, 2017 2027 5.4
4-way speakers 5.4.1 Market estimates and
forecast, 2017 - 2027
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Chapter 6 Automotive Speaker Market, By
Vehicle 6.1 Key trends, by vehicle 6.2
Passenger car 6.2.1 Market estimates and
forecast, 2017 - 2027 6.2.1.1 Market
estimates and forecast, by product, 2017 -
2027 6.3 Commercial Vehicles 6.3.1 Market
estimates and forecast, 2017 - 2027 6.3.1.1
Market estimates and forecast, by product, 2017 -
2027

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Region

• Geographically speaking, the North America and
  Europe automotive speaker market is expected to
  gain traction owing to growing trend of utilizing
  on-board infotainment systems as well as the
  presence of multiple key business players in the
  region. Audio-visual system integrated into ride
  sharing vehicles and taxis is anticipated to
  boost regional product demand. In Latin America,
  countries such as Mexico and Brazil are projected
  to hold a major market share based on the
  availability of skilled and affordable labor
  force, which has encouraged many speaker
  manufacturers to promote their local presence.

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Key Players

• Harman International IndustriesInc.
• JL AudioInc
• JVCKENWOOD Corporation
• KICKER
• Panasonic Corporation
• Pioneer Corporation
• Sony Corporation
• Meridian
• Naim Audio

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