Market Overview:
The global automotive loudspeaker 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 passenger vehicles, medium commercial vehicles, heavy duty commercial vehicles and light duty commercial vehicles across the globe. Additionally, rising disposable income and technological advancements are also fuelling the growth of this market. On the basis of type, air horn loudspeakers are expected to dominate the global automotive loudspeaker market during the forecast period owing to their high sound pressure levels as compared to other types of loudspeakers available in the market. Electric horn loudspeakers are also gaining popularity due their low power consumption and easy installation process as compared to air horns. Based on application, passenger vehicles segment is anticipated hold a dominant position in terms of revenue contribution throughoutthe forecast period followed by medium commercialvehicles segment .
Product Definition:
An automotive loudspeaker is a loudspeaker that is designed for use in an automobile. The automotive loudspeaker typically consists of a paper cone, a voice coil, and a magnet. The voice coil is attached to the cone and the magnet is attached to the chassis of the car. When an electrical current flows through the voice coil, it creates a magnetic field which interacts with the magnets on either side of it.
Air Horn:
Air Horn is a musical instrument that imitates the sound of an animal. It is mainly used in celebrations, festivals, religious ceremonies and other similar events. The main function of air horn is to create a loud noise for signaling or warning people. In addition, it can also be used as a vehicle safety device to alert others while driving along with providing directions or even for fun purposes by kids inside the car.
Electric Horn:
The electric horn is a musical instrument that produces tones and sound for alerting people. It is usually located on the dashboard of vehicles or at the rear end of buses. The basic function of an electric horn is to signal with a loud noise when danger approaches, to avoid accidents or warning pedestrians in case there’s no room for error while driving.
Application Insights:
Passenger vehicles segment accounted for the largest share in 2016 and is anticipated to continue its dominance over the forecast period. The rising number of middle-class income groups across the globe has led to an increase in demand for passenger vehicles, thereby supporting market growth. In addition, increasing sales of passenger cars as a result of low interest rates have further supported industry expansion.
The medium commercial vehicle segment is expected to witness significant growth over the forecast period owing to increased utilization of these vehicles on daily basis by people having jobs at both ends such as business travelers or those who travel between cities with different job locations within a country such as Mexico where there are multiple companies operating across various industries from manufacturing base which provides work opportunities for skilled labor thus driving up product demand.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region accounted for a revenue share of more than 35% in 2017 owing to increasing sales of passenger vehicles in China, India, and Japan. Moreover, rising adoption of airbags as standard equipment on both two-wheeler and four-wheeler vehicles is further anticipated to drive demand for loud speakers over the next eight years.
Europe was estimated at USD X million in 2017 owing to high demand from countries such as Germany, France, Italy, U.K.
Growth Factors:
- Increasing demand for premium cars
- Rising disposable income of consumers
- Technological advancements in automotive loudspeaker systems
- Growing popularity of car audio and entertainment systems
- Proliferation of online retail platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Loudspeaker Market Research Report
By Type
Air Horn, Electric Horn
By Application
Passenger Vehicles, Medium Commercial Vehicles, Heavy Duty Commercial Vehicles, Light Duty Commercial Vehicles
By Companies
Harman, Bose, Dual, Dynaudio, Fujitsu Ten, Boss Audio Systems, Panasonic, Hyundai Mobis, Scosche Industries, Edifier, Harman, Blaupunkt, Philips, Faital, VOXX International, Alpine, Audison, Bosch, Pioneer, Sony, Clarion
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Loudspeaker Market Report Segments:
The global Automotive Loudspeaker market is segmented on the basis of:
Types
Air Horn, Electric Horn
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 Vehicles, Medium Commercial Vehicles, Heavy Duty Commercial Vehicles, Light Duty Commercial Vehicles
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:
- Harman
- Bose
- Dual
- Dynaudio
- Fujitsu Ten
- Boss Audio Systems
- Panasonic
- Hyundai Mobis
- Scosche Industries
- Edifier
- Harman
- Blaupunkt
- Philips
- Faital
- VOXX International
- Alpine
- Audison
- Bosch
- Pioneer
- Sony
- Clarion
Highlights of The Automotive Loudspeaker 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:
- Air Horn
- Electric Horn
- By Application:
- Passenger Vehicles
- Medium Commercial Vehicles
- Heavy Duty Commercial Vehicles
- Light Duty Commercial Vehicles
- 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 Automotive Loudspeaker 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?
An automotive loudspeaker is a speaker that is designed to be installed in an automobile. Automotive speakers are typically used for audio playback, such as music or radio, but they can also be used for navigation and other purposes.
Some of the major companies in the automotive loudspeaker market are Harman, Bose, Dual, Dynaudio, Fujitsu Ten, Boss Audio Systems, Panasonic, Hyundai Mobis, Scosche Industries, Edifier, Harman, Blaupunkt, Philips, Faital, VOXX International, Alpine, Audison, Bosch, Pioneer, Sony, Clarion.
The automotive loudspeaker market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Loudspeaker 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 Automotive Loudspeaker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Loudspeaker 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 Automotive Loudspeaker 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 Automotive Loudspeaker Market Size & Forecast, 2020-2028
4.5.1 Automotive Loudspeaker Market Size and Y-o-Y Growth
4.5.2 Automotive Loudspeaker 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 Air Horn
5.2.2 Electric Horn
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 Vehicles
6.2.2 Medium Commercial Vehicles
6.2.3 Heavy Duty Commercial Vehicles
6.2.4 Light Duty Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Loudspeaker 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 Automotive Loudspeaker 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 Air Horn
9.6.2 Electric Horn
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 Vehicles
9.10.2 Medium Commercial Vehicles
9.10.3 Heavy Duty Commercial Vehicles
9.10.4 Light Duty Commercial Vehicles
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 Air Horn
10.6.2 Electric Horn
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 Vehicles
10.10.2 Medium Commercial Vehicles
10.10.3 Heavy Duty Commercial Vehicles
10.10.4 Light Duty Commercial Vehicles
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 Air Horn
11.6.2 Electric Horn
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 Vehicles
11.10.2 Medium Commercial Vehicles
11.10.3 Heavy Duty Commercial Vehicles
11.10.4 Light Duty Commercial Vehicles
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 Air Horn
12.6.2 Electric Horn
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 Vehicles
12.10.2 Medium Commercial Vehicles
12.10.3 Heavy Duty Commercial Vehicles
12.10.4 Light Duty Commercial Vehicles
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 Air Horn
13.6.2 Electric Horn
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 Vehicles
13.10.2 Medium Commercial Vehicles
13.10.3 Heavy Duty Commercial Vehicles
13.10.4 Light Duty Commercial Vehicles
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 Automotive Loudspeaker Market: Competitive Dashboard
14.2 Global Automotive Loudspeaker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harman
14.3.2 Bose
14.3.3 Dual
14.3.4 Dynaudio
14.3.5 Fujitsu Ten
14.3.6 Boss Audio Systems
14.3.7 Panasonic
14.3.8 Hyundai Mobis
14.3.9 Scosche Industries
14.3.10 Edifier
14.3.11 Harman
14.3.12 Blaupunkt
14.3.13 Philips
14.3.14 Faital
14.3.15 VOXX International
14.3.16 Alpine
14.3.17 Audison
14.3.18 Bosch
14.3.19 Pioneer
14.3.20 Sony
14.3.21 Clarion
