New York, NY -- (SBWIRE) -- 06/29/2018 -- The latest market intelligence study on the Car Audio Speakers market applies the best of both primary and secondary research techniques to bring to light the growth rate of the Car Audio Speakers market for the forecast period, 2018 - 2025. The comprehensive study covers hard to find facts about the market landscape as well as its growth prospects in the years to come. Most importantly, the research report includes vital statistics about the major vendors occupying a strong foothold in this industry. Besides this, in order to calculate the market share, the study takes a closer look at the selling price of the product across different regions.
Car Audio Speakers is equipment installed in a car or other vehicle to provide in-car entertainment and information for the vehicle occupants.
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Scope of the Report:
This report focuses on the Car Audio Speakers in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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%.
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.
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The worldwide market for Car Audio Speakers is expected to grow at a CAGR of roughly 2.1% over the next five years, will reach 11200 million US$ in 2023, from 9880 million US$ in 2017, according to a new GIR (Global Info Research) study.
The major manufacturers covered in this report:
Panasonic, Pioneer, Yanfeng Visteon, Alpine, Keenwood, Harman, Clarion, Sony, Delphi, BOSE, Blaupunkt, HangSheng, JL Audio, Coagent
On the basis of product, this report is primarily split into:
- 2-Way Speakers
- 3-Way Speakers
- 4-Way Speakers
On the basis of the end users/applications, this report is primarily split into:
- Commercial Cars
- Passenger Cars
Geographically, this report studies the top producers and consumers in these key regions:
- North America
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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In this study, the years considered to estimate the market size of Low Speed Electric Vehicles are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
With the given market data, Research Team offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Low Speed Electric Vehicles market, by end-use.
Detailed analysis and profiles of additional market players.
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