Market Overview:
The global SUV audio speakers 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 SUVs, rising disposable income, and technological advancements in audio speaker systems. The global SUV audio speakers market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 2-way speakers, 3-way speakers, 4-way speakers and others. The 3-way and 4- way segments are expected to witness higher growth during the forecast period as compared to 2 - way speakers owing to their superior sound quality .On th e basis of application , t he m arket is segmen ted into 5 seats , 7 seats an d othe rs . T he 7 seat s segm ent i s expec ted t o gr ow at a highe r rate du ring th e for ecas t per iod as co mpared t o 5 seat s an d other applications owing its growing popularity among consumers .Regionally , th e ma rket i s segme nted int o North America , Latin Ame rica Europe Asia Pacific (APAC) and Middle East & Africa (MEA).
Product Definition:
Audio speakers designed for use in sport utility vehicles. They are typically more powerful and have better sound quality than those found in other types of vehicles, making them ideal for listening to music or watching movies while on the go.
2-Way Speakers:
2-way speakers is a system where the sound comes from only two sources, unlike 3-way and 4-way systems, which use three or four different speakers to produce the audio. These are small in size and can be easily installed in any vehicle. They produce clear sound with less power consumption.
3-Way Speakers:
3-way speakers is a set of speaker system which consists of a main speaker, one or more satellite speakers and subwoofers. It's major application is in car audio systems. 3-way speakers are also used in home theatre systems, portable audio players and professional sound reinforcement applications.
The size of the satellite speaker varies from small to large depending upon the requirement such as for music listening at home or for watching movies in car it depends on size.
Application Insights:
The 5-seater segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing number of young families in countries, such as India and China, on account of rising employment rates among millennials is expected to drive demand for large SUV audio speakers systems in upcoming years. In addition, increasing penetration of social media applications has resulted in an increased need for entertainment systems inside vehicles among consumers across all age groups. This trend will further propel product demand from 2018 to 2030.
The 7-seater segment is estimated to register a significant CAGR during the forecast period owing to an increase in long-distance travel activities by commercial vehicle owners transporting goods across various regions globally. Longer trips require more comfortable seating arrangements with enhanced sound quality and volume levels that can be provided by premium grade audio system installed at no extra cost with most SUVs sold nowadays.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing demand from China, India, and other countries. The growing middle-class population coupled with rising disposable income is anticipated to fuel the product demand over the next eight years.
North America held a significant share of global revenue in 2017 owing to high demand from U.S., Canada, and Mexico for premium audio products with enhanced sound quality at an affordable price range. Moreover, presence of key players such as JBL; Harman International Industries;Infinity Lifestyle Group (ILG); Bose Corporation has also fueled regional growth significantly over past few years (2015-2017). However, slow growth rate observed across developed economies including North America may hamper industry expansion prospects during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for SUVs in developing countries
- Rising disposable income of consumers in these countries
- Growing popularity of outdoor activities and travel among consumers
- Proliferation of digital audio technologies and platforms
- Advent of new, innovative products in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
SUV Audio Speakers Market Research Report
By Type
2-Way Speakers, 3-Way Speakers, 4-Way Speakers, Others
By Application
5 seats, 7 seats, Other
By Companies
Panasonic, Pioneer, Yanfeng Visteon, Alpine, Keenwood, Harman, Clarion, Sony, Delphi, BOSE
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global SUV Audio Speakers Market Report Segments:
The global SUV Audio Speakers market is segmented on the basis of:
Types
2-Way Speakers, 3-Way Speakers, 4-Way Speakers, Others
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
5 seats, 7 seats, Other
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
- Pioneer
- Yanfeng Visteon
- Alpine
- Keenwood
- Harman
- Clarion
- Sony
- Delphi
- BOSE
Highlights of The SUV Audio 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:
- 2-Way Speakers
- 3-Way Speakers
- 4-Way Speakers
- Others
- By Application:
- 5 seats
- 7 seats
- Other
- 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 SUV Audio 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?
SUV audio speakers are typically larger, more powerful and better quality than car audio speakers. They're designed to provide a louder and clearer sound for music, movies and games in vehicles with large seating areas.
Some of the key players operating in the suv audio speakers market are Panasonic, Pioneer, Yanfeng Visteon, Alpine, Keenwood, Harman, Clarion, Sony, Delphi, BOSE.
The suv audio speakers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. SUV Audio Speakers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. SUV Audio Speakers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. SUV Audio Speakers Market - Supply Chain
4.5. Global SUV Audio Speakers Market Forecast
4.5.1. SUV Audio Speakers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. SUV Audio Speakers Market Size (000 Units) and Y-o-Y Growth
4.5.3. SUV Audio Speakers Market Absolute $ Opportunity
5. Global SUV Audio Speakers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. SUV Audio Speakers Market Size and Volume Forecast by Type
5.3.1. 2-Way Speakers
5.3.2. 3-Way Speakers
5.3.3. 4-Way Speakers
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global SUV Audio Speakers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. SUV Audio Speakers Market Size and Volume Forecast by Application
6.3.1. 5 seats
6.3.2. 7 seats
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global SUV Audio Speakers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. SUV Audio Speakers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global SUV Audio Speakers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. SUV Audio Speakers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global SUV Audio Speakers Demand Share Forecast, 2019-2026
9. North America SUV Audio Speakers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America SUV Audio Speakers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America SUV Audio Speakers Market Size and Volume Forecast by Application
9.4.1. 5 seats
9.4.2. 7 seats
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America SUV Audio Speakers Market Size and Volume Forecast by Type
9.7.1. 2-Way Speakers
9.7.2. 3-Way Speakers
9.7.3. 4-Way Speakers
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America SUV Audio Speakers Demand Share Forecast, 2019-2026
10. Latin America SUV Audio Speakers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America SUV Audio Speakers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America SUV Audio Speakers Market Size and Volume Forecast by Application
10.4.1. 5 seats
10.4.2. 7 seats
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America SUV Audio Speakers Market Size and Volume Forecast by Type
10.7.1. 2-Way Speakers
10.7.2. 3-Way Speakers
10.7.3. 4-Way Speakers
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America SUV Audio Speakers Demand Share Forecast, 2019-2026
11. Europe SUV Audio Speakers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe SUV Audio Speakers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe SUV Audio Speakers Market Size and Volume Forecast by Application
11.4.1. 5 seats
11.4.2. 7 seats
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe SUV Audio Speakers Market Size and Volume Forecast by Type
11.7.1. 2-Way Speakers
11.7.2. 3-Way Speakers
11.7.3. 4-Way Speakers
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe SUV Audio Speakers Demand Share, 2019-2026
12. Asia Pacific SUV Audio Speakers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific SUV Audio Speakers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific SUV Audio Speakers Market Size and Volume Forecast by Application
12.4.1. 5 seats
12.4.2. 7 seats
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific SUV Audio Speakers Market Size and Volume Forecast by Type
12.7.1. 2-Way Speakers
12.7.2. 3-Way Speakers
12.7.3. 4-Way Speakers
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific SUV Audio Speakers Demand Share, 2019-2026
13. Middle East & Africa SUV Audio Speakers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa SUV Audio Speakers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa SUV Audio Speakers Market Size and Volume Forecast by Application
13.4.1. 5 seats
13.4.2. 7 seats
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa SUV Audio Speakers Market Size and Volume Forecast by Type
13.7.1. 2-Way Speakers
13.7.2. 3-Way Speakers
13.7.3. 4-Way Speakers
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa SUV Audio Speakers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global SUV Audio Speakers Market: Market Share Analysis
14.2. SUV Audio Speakers Distributors and Customers
14.3. SUV Audio Speakers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Panasonic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pioneer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yanfeng Visteon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Alpine
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Keenwood
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Harman
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Clarion
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sony
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Delphi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BOSE
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
