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City of Industry, CA -- (SBWIRE) -- 07/03/2018 -- This report studies the global Car Audio Speakers market status and forecast, categorizes the global Car Audio Speakers market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)
Car Audio Speakers is equipment installed in a car or other vehicle to provide in-car entertainment and information for the vehicle occupants.
The classification of car audio speakers includes 2 way audio speakers, 3 way audio speakers, 4 way audio speakers, and others, and the proportion of 2 way audio speakers in 2016 is about 50%.
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Car audio speakers are widely used in passenger cars and commercial cars. The most proportion of car audio speakers is passenger cars, and consumption proportion is about 88.5%.
Japan region is the largest supplier of car audio speakers, with a production market share nearly 35% in 2016. Europe is the second largest supplier of car audio speakers, enjoying production market share nearly 23% in 2016.
China is the largest consumption place, with a consumption market share nearly 26% in 2016. Following China, Europe is the second largest consumption place with the consumption market share of 24%.
Market competition is intense. Panasonic, Alpine, Clarion, Pioneer, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry, like Harman, Bose.
The global Car Audio Speakers market is valued at 9880 million US$ in 2017 and will reach 11600 million US$ by the end of 2025, growing at a CAGR of 2.0% during 2018-2025.
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