Market Overview:
The global ship speakers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-quality audio systems in ships. Additionally, the increasing adoption of advanced technologies such as digital signal processing (DSP) and Bluetooth connectivity is also contributing to the growth of this market. The global ship speakers market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into wall-mounted type, ceiling mounted type, and bar-mounted type. Wall-mounted types are expected to account for a major share of this market owing to their low installation cost and easy installation process. On the basis of application, personal use accounted for a majority share in 2017 and is projected to continue its dominance duringthe forecast period due from rising demand for luxury yachts equipped with high quality audio systems .
Product Definition:
Ship Speakers are a type of loudspeaker designed for use in naval vessels. They are typically installed in the ship's bridge, announcing general announcements and alarms to the entire vessel.
Wall-Mount Type:
Wall-Mount Type is a device that is fixed on the wall and used to amplify the sound. It has various advantages such as it saves space, provides better aesthetics to room, and can be placed in any part of the room.
The market for wall-mount type speaker system was estimated to be worth USD 1.5 billion in 2015.
Ceiling Mounted Type:
Ceiling mounted types are used to provide clear and undistorted sound output. They are fixed in a horizontal position on the ceiling of the room where they are installed. These products have been widely accepted as they offer better audio quality as compared to wall mounted or stand-alone speakers.
Application Insights:
The commercial application segment dominated the global ship speakers market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand from defense, marine and transport sectors. In addition, growing adoption of such systems for advertising and promoting products/services is expected to drive the demand for commercial applications over the forecast period.
Personal applications are projected register a CAGR of XX% from 2018 to 2030 owing to increasing adoption of personal music players, smartphones and tablets coupled with rising income levels across various regions including Asia Pacific and Middle East & Africa.
Ship speakers are widely used across all three branches of military services namely U.S., UK, China etc.
Regional Analysis:
Asia Pacific dominated the global ship speakers market in 2017. The region is expected to continue its dominance over the next eight years owing to increasing demand from emerging economies, such as India and China. In addition, rising disposable income coupled with growing consumer awareness regarding marine electronics is anticipated to drive growth during the forecast period. Europe accounted for a significant share of revenue in 2017 owing to high demand from countries including Germany and U.K.
The North America market for ship speakers is projected to grow at a lucrative rate over the forecast period due to increased spending by commercial entities on board ships along with rising adoption by military forces across various regions including Middle East & Africa (MEA) and Latin America.
Growth Factors:
- Increasing demand for better sound quality in vehicles
- Rising disposable income of consumers
- Growing popularity of outdoor activities and travel
- Proliferation of digital audio players and portable speakers
- Technological advancements in speaker design and manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Speakers Market Research Report
By Type
Wall-Mount Type, Ceiling Mounted Type, Bar-Mounted Type
By Application
Personal, Commercial, Military
By Companies
DNH, Jotron, SCM Sistemas, Zenitel Norway AS - Vingtor, MA Safety Signal, Alphatron Marine, Funke + Huster Fernsig, DNH
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Ship Speakers Market Report Segments:
The global Ship Speakers market is segmented on the basis of:
Types
Wall-Mount Type, Ceiling Mounted Type, Bar-Mounted Type
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
Personal, Commercial, Military
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:
- DNH
- Jotron
- SCM Sistemas
- Zenitel Norway AS - Vingtor
- MA Safety Signal
- Alphatron Marine
- Funke + Huster Fernsig
- DNH
Highlights of The Ship Speakers 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:
- Wall-Mount Type
- Ceiling Mounted Type
- Bar-Mounted Type
- By Application:
- Personal
- Commercial
- Military
- 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 Ship Speakers 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?
Ship speakers are a type of speaker that is designed to be mounted on or near the water's surface. They are often used in boats and ships to provide sound for entertainment purposes, such as music and movies.
Some of the key players operating in the ship speakers market are DNH, Jotron, SCM Sistemas, Zenitel Norway AS - Vingtor, MA Safety Signal, Alphatron Marine, Funke + Huster Fernsig, DNH.
The ship speakers 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 Ship Speakers 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 Ship Speakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ship Speakers 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 Ship Speakers 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 Ship Speakers Market Size & Forecast, 2020-2028
4.5.1 Ship Speakers Market Size and Y-o-Y Growth
4.5.2 Ship Speakers 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 Wall-Mount Type
5.2.2 Ceiling Mounted Type
5.2.3 Bar-Mounted Type
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 Personal
6.2.2 Commercial
6.2.3 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ship Speakers 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 Ship Speakers 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 Wall-Mount Type
9.6.2 Ceiling Mounted Type
9.6.3 Bar-Mounted Type
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 Personal
9.10.2 Commercial
9.10.3 Military
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 Wall-Mount Type
10.6.2 Ceiling Mounted Type
10.6.3 Bar-Mounted Type
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 Personal
10.10.2 Commercial
10.10.3 Military
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 Wall-Mount Type
11.6.2 Ceiling Mounted Type
11.6.3 Bar-Mounted Type
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 Personal
11.10.2 Commercial
11.10.3 Military
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 Wall-Mount Type
12.6.2 Ceiling Mounted Type
12.6.3 Bar-Mounted Type
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 Personal
12.10.2 Commercial
12.10.3 Military
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 Wall-Mount Type
13.6.2 Ceiling Mounted Type
13.6.3 Bar-Mounted Type
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 Personal
13.10.2 Commercial
13.10.3 Military
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 Ship Speakers Market: Competitive Dashboard
14.2 Global Ship Speakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DNH
14.3.2 Jotron
14.3.3 SCM Sistemas
14.3.4 Zenitel Norway AS - Vingtor
14.3.5 MA Safety Signal
14.3.6 Alphatron Marine
14.3.7 Funke + Huster Fernsig
14.3.8 DNH
