Market Overview:
The global 2-channel car amplifiers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for 2-channel car amplifiers in passenger cars and commercial vehicles across the globe. Additionally, the growing demand for high-quality audio systems in vehicles is also contributing to the growth of this market. The global 2-channel car amplifiers market can be segmented on the basis of type into OEM and aftermarket products. The OEM segment is expected to hold a larger share of this market during the forecast period owing to its higher quality and durability as compared to aftermarket products. On the basis of application, this market can be divided into passenger cars and commercial vehicles.
Product Definition:
A 2-channel car amplifier is a device that amplifies the sound signal from your car's audio system so that it is louder and more clear. It is important to use a 2-channel car amplifier if you want to improve the sound quality of your car's audio system.
OEM:
OEM is short for Original Equipment Manufacture. It's a term used in the electronics industry to refer to products manufactured by original equipment manufacturers (OEMs), which are supplied or sold directly to consumers without any third-party distribution channel. OEM products are usually developed with the support of major electronic component and semiconductor companies, who provide raw materials and funding required for product development.
After Market:
Aftermarket is the second hand market of automobiles and it's used for the trade in of old or unwanted products for a fee. Aftermarket can be defined as all the activities that are involved in trading or selling of used products other than manufacturing new ones. The automotive aftermarket has seen tremendous growth over recent years due to changing consumer preferences, technological advancements, and increasing disposable income levels.
Application Insights:
The passenger car segment held the largest market share of over 70.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for passenger cars due to rising disposable income levels, especially in emerging economies such as China, India and Brazil is expected to be a major factor driving the product demand in this segment. Amplifiers are used with headrest speakers or external speakers for music, navigation systems, Bluetooth connectivity and emergency call systems among others.
Amplifiers are also used with mobile phones, tablets PC/laptops and other multimedia devices providing 5V DC output for sound reproduction from these devices. Increasing use of amplifiers with integrated smart features such as AMP+ that provides real-time information about vehicle battery consumption has aided market growth across all regions particularly in North America region where OEMs have been adopting this technology since 2015 onward (Volkswagen Group AG; Ford Motor Company; General Motors Company).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing demand for advanced infotainment systems and rising adoption of connectivity features in cars, especially in U.S. Furthermore, growing popularity of high-fidelity sound system and premium audio experience is driving the regional market growth.
Asia Pacific 2-channel car amplifiers market is anticipated to grow at a significant rate over the forecast period owing to increasing disposable income among middle class population groups coupled with government initiatives encouraging people from lower economic strata group (LESG) purchase vehicles with higher performance characteristics and enhanced safety features such as airbags, anti-lock braking system (ABS), electronic stability program (ESP), start-stop technology etcetera – all these factors are likely boost sales volume across this region during the estimated time span).
Growth Factors:
- Increasing demand for premium cars: The global automotive market is expected to grow at a CAGR of around 4% during the forecast period. This will lead to an increase in the demand for 2-channel car amplifiers, as they are mostly used in high-end cars.
- Growing popularity of sound systems: With the increasing popularity of sound systems, consumers are looking for better quality audio products. This is expected to drive the growth of the 2-channel car amplifier market during the forecast period.
- Rising disposable income: The rising disposable income has led to an increase in consumer spending on luxury items such as sound systems and 2-channel car amplifiers. This is expected to boost the growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
2-Channel Car Amplifiers Market Research Report
By Type
OEM, After Market
By Application
Passenger Car, Commercial Vehicle
By Companies
Panasonic, Alpine, Clarion, Yanfeng Visteon, Sony, Delphi, Pioneer, Keenwood, Pioneer, Keenwood, BOSE, STMicroelectronics, Harman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global 2-Channel Car Amplifiers Market Report Segments:
The global 2-Channel Car Amplifiers market is segmented on the basis of:
Types
OEM, After Market
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panasonic
- Alpine
- Clarion
- Yanfeng Visteon
- Sony
- Delphi
- Pioneer
- Keenwood
- Pioneer
- Keenwood
- BOSE
- STMicroelectronics
- Harman
Highlights of The 2-Channel Car Amplifiers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OEM
- After Market
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 2-Channel Car Amplifiers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
2-Channel Car Amplifiers are amplifiers that can amplify the sound of two channels simultaneously.
Some of the major companies in the 2-channel car amplifiers market are Panasonic, Alpine, Clarion, Yanfeng Visteon, Sony, Delphi, Pioneer, Keenwood, Pioneer, Keenwood, BOSE, STMicroelectronics, Harman.
The 2-channel car amplifiers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2-Channel Car Amplifiers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 2-Channel Car Amplifiers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 2-Channel Car Amplifiers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 2-Channel Car Amplifiers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 2-Channel Car Amplifiers Market Size & Forecast, 2020-2028
4.5.1 2-Channel Car Amplifiers Market Size and Y-o-Y Growth
4.5.2 2-Channel Car Amplifiers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 OEM
5.2.2 After Market
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2-Channel Car Amplifiers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2-Channel Car Amplifiers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 OEM
9.6.2 After Market
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 OEM
10.6.2 After Market
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 OEM
11.6.2 After Market
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 OEM
12.6.2 After Market
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 OEM
13.6.2 After Market
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2-Channel Car Amplifiers Market: Competitive Dashboard
14.2 Global 2-Channel Car Amplifiers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Alpine
14.3.3 Clarion
14.3.4 Yanfeng Visteon
14.3.5 Sony
14.3.6 Delphi
14.3.7 Pioneer
14.3.8 Keenwood
14.3.9 Pioneer
14.3.10 Keenwood
14.3.11 BOSE
14.3.12 STMicroelectronics
14.3.13 Harman
