Global Automotive Premium Audio System Market 2017-2021

  • ID: 4032424
  • Report
  • Region: Global
  • 69 pages
  • TechNavio
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FEATURED COMPANIES

  • Alpine Electronics
  • Blaupunkt
  • Boston Acoustics
  • Burmester Audiosysteme
  • Dynaudio
  • McIntosh Laboratory
  • MORE
About Automotive Premium Audio System
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.

Analysts forecast the global automotive premium audio system market to grow at a CAGR of 14.83% during the period 2017-2021.

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

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 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 Drivers:

Improved quality of sound systems through digital signal processors
For a full, detailed list, view the full report

Market Challenges:

High cost and design complexity of advanced audio systems
For a full, detailed list, view the full report

Market Trends:

Use of audio system as WLAN hotspot enabling 24/7 connectivity
For a full, detailed list, view the full 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?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • Alpine Electronics
  • Blaupunkt
  • Boston Acoustics
  • Burmester Audiosysteme
  • Dynaudio
  • McIntosh Laboratory
  • MORE
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

Part 11: Vendor landscape
Competitive landscape
Other prominent vendors

Part 12: Key vendor analysis
Alpine Electronics
Bang & Olufsen
Bose
Burmester Audiosysteme
HARMAN International

Part 13: Appendix
List of abbreviations

Part 14: Extras

List of Exhibits
Exhibit 01: Scope of the report
Exhibit 02: Definitions of products and markets
Exhibit 03: Product offerings
Exhibit 04: Timeline showing evolution of automotive sound system
Exhibit 05: Value chain analysis for automotive premium audio system market
Exhibit 06: Product lifecycle: Global automotive premium audio system market 2016
Exhibit 07: Segmentation of global automotive premium audio system market
Exhibit 08: Global automotive premium audio system market 2016-2021 (millions of units)
Exhibit 09: Top selling SUVs in China 2015
Exhibit 10: Five forces analysis for global automotive premium audio system market
Exhibit 11: Global automotive premium audio system market by vehicle type 2016 and 2021
Exhibit 12: Automotive premium audio system market for premium SUVs 2016-2021 (millions of units)
Exhibit 13: Automotive premium audio system market for luxury sedans 2016-2021 (millions of units)
Exhibit 14: Global automotive premium audio system market by geography 2016 and 2021
Exhibit 15: Automotive premium audio system market in the Americas 2016-2021 (millions of units)
Exhibit 16: Number of dollar billionaires in top 15 countries 2015
Exhibit 17: Automotive premium audio system market in EMEA 2016-2021 (millions of units)
Exhibit 18: Market shares of key countries in European luxury automotive segment 2015
Exhibit 19: Automotive premium audio system market in APAC 2016-2021 (millions of units)
Exhibit 20: Driver distraction ratings of automotive infotainment systems in the US
Exhibit 21: MOST technology
Exhibit 22: Product portfolio of Alpine Electronics
Exhibit 23: Product portfolio of Bang & Olufsen
Exhibit 24: Product portfolio of Bose
Exhibit 25: Product portfolio of Burmester Audiosysteme
Exhibit 26: Product portfolio of HARMAN International
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alpine Electronics
  • Blaupunkt
  • Boston Acoustics
  • Burmester Audiosysteme
  • Dynaudio
  • McIntosh Laboratory
  • MORE
Global Automotive Premium Audio System Market 2017-2021

Key players in the global automotive premium audio system market: Alpine Electronics, Bang & Olufsen, Bose, Burmester Audiosysteme, and HARMAN.

Other Prominent Vendors in the market are: Blaupunkt, Boston Acoustics, Bowers & Wilkins, Clarion, Dynaudio, McIntosh Laboratory, Meridian Audio, and Pioneer.

Commenting on the report, an analyst said: “The latest trend gaining momentum in the market is use of audio system as WLAN hotspot enabling 24/7 connectivity. Modern automotive audio systems are now capable of delivering more than music. Developers of automotive entertainment system are developing systems that have the capability of delivering wired and wireless connectivity with the integration of hotspot in the main unit. This has allowed portable Wi-Fi for improved and uninterrupted connectivity.”

According to the report, one of the major drivers for this market is improved quality of sound systems through digital signal processors. The integration of advanced digital processors and microchips within the head units of modern audio systems has been driving the premium audio system in the automotive market. These microprocessors and chips are helping in improving the sound quality of the system and thereby making the system more premium in function.

Further, the report states that one of the major factors hindering the growth of this market is high cost and design complexity of advanced audio systems. The high cost of premium audio systems is one of the major challenges in the market. High costs make it difficult for automobile manufacturers to keep their product prices low. Therefore, automobile manufacturers have to either keep their profit margins low or shift the pressure onto consumers. However, in the current price-sensitive market, customers look for products that offer maximum value for money, and it has therefore become difficult for manufacturers to shift the pressure of costs onto their customers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Alpine Electronics
  • Bang & Olufsen
  • Bose
  • Burmester Audiosysteme
  • HARMAN
  • Blaupunkt
  • Boston Acoustics
  • Bowers & Wilkins
  • Clarion
  • Dynaudio
  • McIntosh Laboratory
  • Meridian Audio
  • Pioneer
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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