Market Overview:
The global Vehicle Tuner market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles, and rising trend of customization among consumers. In terms of type, the FM/AM tuner segment is expected to hold a major share in the global Vehicle Tuner market during the forecast period, owing to its widespread use in passenger vehicles. However, TV tuners are also gaining popularity among consumers due to their ability to offer high-quality audio and video experience. In terms of application, the passenger vehicle segment is expected to dominate the global Vehicle Tuner market duringthe forecast period owingtoits high demand from developed countries such as U.S., Canada, Germany, France and U.K.
Product Definition:
A vehicle tuner is a device used to improve the performance of a vehicle. It can be used to change the engine's settings, or to add enhancements such as exhaust systems and air intakes. The use of a vehicle tuner can improve fuel economy, acceleration, and top speed.
FM/AM Tuner:
The global FM/AM tuner, also known as radio tuner or tuning fork is a device that converts the variations in frequency of radio waves into an audio signal. It's used for changing the frequency of a broadcast station. The growth factor in vehicle tuner market is its ability to allow users to listen to their favorite stations even when they are traveling at high speeds and cannot connect via Bluetooth or AUX cable.
TV Tuner:
TV tuner is a device that allows the conversion of over-the-air broadcast signals into digital format, which can be recorded and played back through television sets. It is also known as Over The Top (OTT) or Internet TV. OTT services offer a wide range of content including movies, series, live events, and sports in addition to traditional cable content.
Application Insights:
The passenger vehicle application segment led the global vehicle tuner market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing trend of personalization in passenger vehicles among other factors such as rising income levels across various regions, increasing disposable income on entertainment and premium features are expected to drive demand for car audio systems which will subsequently boost demand for auto-tuners over the forecast period.
Commercial vehicles are anticipated to be one of the fastest growing segments owing to increasing government regulations on road safety coupled with improved road infrastructure across developing countries such as India, Indonesia, Thailand and others which has boosted commercial bus sales significantly over recent years. This trend is expected to positively influence market growth in commercial vehicles applications globally.
Regional Analysis:
North America dominated the global vehicle tuner market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing automobile production and sales in the U.S., Canada, and Mexico as a result of high consumer demand for improved performance vehicles with enhanced features.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid urbanization across emerging economies including China and India resulting into increased automotive sales across these countries which will drive industry expansion at an exponential rate from 2018 till 2030 The growing trend of car customization has been observed among consumers in developing nations such as China.
Growth Factors:
- Increasing demand for luxury and customized vehicles
- Rising disposable income of consumers
- Technological advancements in the automotive industry
- Growing popularity of motorsports events and car rallies
- Proliferation of online tuning communities and forums
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Tuner Market Research Report
By Type
FM/AM Tuner, TV Tuner
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Derive Systems, Cobb Tuning, Alientech SRL, Roo Systems, EFI Live, Magic Motorsports, Edge Products, Diablo Sport, Mountune, Autotuner, AEM Electronics, Hypertech Inc, HP Tuners, Flashtec SA, Jet Performance Products
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Tuner Market Report Segments:
The global Vehicle Tuner market is segmented on the basis of:
Types
FM/AM Tuner, TV Tuner
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 Vehicle, 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:
- Derive Systems
- Cobb Tuning
- Alientech SRL
- Roo Systems
- EFI Live
- Magic Motorsports
- Edge Products
- Diablo Sport
- Mountune
- Autotuner
- AEM Electronics
- Hypertech Inc
- HP Tuners
- Flashtec SA
- Jet Performance Products
Highlights of The Vehicle Tuner 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:
- FM/AM Tuner
- TV Tuner
- By Application:
- Passenger Vehicle
- 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 Vehicle Tuner 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
A vehicle tuner is a device that allows you to modify the performance of your car or truck. Vehicle tuners can increase horsepower, torque, and fuel economy; change the sound of your engine; or even add features like suspension mods and body kits.
Some of the key players operating in the vehicle tuner market are Derive Systems, Cobb Tuning, Alientech SRL, Roo Systems, EFI Live, Magic Motorsports, Edge Products, Diablo Sport, Mountune, Autotuner, AEM Electronics, Hypertech Inc, HP Tuners, Flashtec SA, Jet Performance Products.
The vehicle tuner 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 Vehicle Tuner 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 Vehicle Tuner Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vehicle Tuner 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 Vehicle Tuner 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 Vehicle Tuner Market Size & Forecast, 2020-2028 4.5.1 Vehicle Tuner Market Size and Y-o-Y Growth 4.5.2 Vehicle Tuner 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 FM/AM Tuner
5.2.2 TV Tuner
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 Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Tuner 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 Vehicle Tuner 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 FM/AM Tuner
9.6.2 TV Tuner
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 Vehicle
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 FM/AM Tuner
10.6.2 TV Tuner
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 Vehicle
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 FM/AM Tuner
11.6.2 TV Tuner
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 Vehicle
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 FM/AM Tuner
12.6.2 TV Tuner
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 Vehicle
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 FM/AM Tuner
13.6.2 TV Tuner
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 Vehicle
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 Vehicle Tuner Market: Competitive Dashboard
14.2 Global Vehicle Tuner Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Derive Systems
14.3.2 Cobb Tuning
14.3.3 Alientech SRL
14.3.4 Roo Systems
14.3.5 EFI Live
14.3.6 Magic Motorsports
14.3.7 Edge Products
14.3.8 Diablo Sport
14.3.9 Mountune
14.3.10 Autotuner
14.3.11 AEM Electronics
14.3.12 Hypertech Inc
14.3.13 HP Tuners
14.3.14 Flashtec SA
14.3.15 Jet Performance Products