$ 3.92 Bn growth expected in Automotive OEM Premium Audio Market during 2021-2025 | Rise in HNWI population to be a key driver | Technavio

NEW YORK, June 1, 2021 /PRNewswire/ — The global automotive OEM premium audio market is set to grow by USD 3.92…

NEW YORK, June 1, 2021 /PRNewswire/ — The global automotive OEM premium audio market is set to grow by USD 3.92 billion during 2021-2025, progressing at a CAGR of over 2%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources.

Our report on the automotive OEM premium audio market offers a comprehensive analysis of the impact of disruption threats by comparing disruptive sources and factors driving disruption.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. B & W Group Ltd., Bang & Olufsen Group, Bose Corp., Burmester Audiosysteme GmbH, Faurecia SA, Meridian Audio Ltd., Panasonic Corp., Pioneer Corp., Samsung Electronics Co. Ltd., and Sony Corp. are some of the major market participants. The rise in the HNWI population will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Automotive OEM Premium Audio Market 2021-2025: Segmentation

Automotive OEM Premium Audio Market is segmented as below:

  • Application
    • Luxury Vehicles
    • Mid-size Vehicles
  • Geography
    • Europe
    • North America
    • APAC
    • South America
    • MEA

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Automotive OEM Premium Audio Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the automotive OEM premium audio market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include B & W Group Ltd., Bang & Olufsen Group, Bose Corp., Burmester Audiosysteme GmbH, Faurecia SA, Meridian Audio Ltd., Panasonic Corp., Pioneer Corp., Samsung Electronics Co. Ltd., and Sony Corp.

The report also covers the following areas:

  • Automotive OEM Premium Audio Market size
  • Automotive OEM Premium Audio Market trends
  • Automotive OEM Premium Audio Market industry analysis

The development of headrest-integrated speakers and noise-canceling headphones for in-car applications is likely to emerge as one of the primary trends in the market. However, the ongoing slowdown of the economy in China may threaten the growth of the market.

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Related Reports on Consumer Discretionary Include:

Global Automotive Premium Audio System Market – Global automotive premium audio system market is segmented by application (luxury cars and mid-segment cars) and geography (APAC, Europe, MEA, North America, and South America).

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Global Automotive Audio Speakers Market – Global automotive audio speakers market is segmented by application (passenger vehicles and commercial vehicles) and geography (APAC, Europe, North America, South America, and MEA).

Request a Free Sample Report

Automotive OEM Premium Audio Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist automotive OEM premium audio market growth during the next five years
  • Estimation of the automotive OEM premium audio market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive OEM premium audio market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive OEM premium audio market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Luxury vehicles – Market size and forecast 2020-2025
  • Mid-size vehicles – Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive Scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • B & W Group Ltd.
  • Bang & Olufsen Group
  • Bose Corp.
  • Burmester Audiosysteme GmbH
  • Faurecia SA
  • Meridian Audio Ltd.
  • Panasonic Corp.
  • Pioneer Corp.
  • Samsung Electronics Co. Ltd.
  • Sony Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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