Automotive Financing Services Market Analysis, Size, Current Scenario and Future Prospects

The global automotive speaker market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period. The growing adoption of advanced technologies in automotive industry will propel the market growth. The consumers are seeking for more cutting-edge features in their audio systems, such as those that are energy-efficient, touchscreen-optimized, Bluetooth-enabled, navigation system and have vehicle noise compensation attributes. Therefore, the demand for automotive speakers is rising. Consequently, the market players are constantly involved in the product innovation. This will result in the market growth during forecast period.

For instance, in May 2021, Sony Corp. introduced its latest car audio brand in mobile ES series. The Mobile ES line-up includes subwoofers and other car speakers such as the XS-162ES, XS-690ES, XS-160ES, and XS-W104ES, all of which set the benchmark for advanced in-car entertainment. The subwoofer’s standout attributes include the MRC honeycomb mesh, which offers lower distortion and strong bass, a distinctive notch end surround, a dynamic air diffuser, and a height rate spider.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Speaker Type
  • By Vehicle Type
  • By Application

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape- Alpine Electronics, Inc., Bose Corp., Clarion Co Ltd, Continental AG, Sony Corp, JL AUDIO, INC., Harman International Industries, Pioneer Corp., Panasonic Corp., Sound United, LLC, Sony Corp., SK telecom, Inc. and others.

Automotive Speaker Market by Segment

By Speaker Type

  • Subwoofer
  • Midbass
  • Midrange
  • Tweeter

By Vehicle Type

  • Passenger Car
  • Commercial Vehicle

By Application

  • Voice Assistance
  • Entertainment
  • Warnings and Alerts
  • Guidance and Navigations
  • Automatic Pedestrian Alert System

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Automotive Speaker Market Report by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles 

  • Altec Lasing
  • Blaupunkt GmbH
  • B & W Group Ltd.
  • Dynaudio A/S
  • Elettromedia Srl
  • Harman International Industries Inc.
  • JL Audio, Inc.
  • JVCKENWOOD Corp.
  • Kenwood CorpLear Corp.
  • 6Metra Electronics
  • Minda Industries Ltd.
  • Naim Audio Ltd.
  • Nippon Audiotronix Pvt. Ltd.
  • Pioneer Corp.
  • Panasonic Corp.
  • SANYO (Funai Corporation, Inc.)
  • Sound United, LLC
  • SK telecom, Inc.

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