Market Overview:
The global SUV & pickup audio 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 SUVs and pickups, especially in emerging economies such as China and India. In addition, the increasing demand for premium audio systems in these vehicles is also contributing to the growth of this market. The global SUV & pickup audio speakers market can be segmented on the basis of type into 2-way speakers, 3-way speakers, 4-way speakers, and others. The 3-way speaker segment is expected to account for the largest share of the global SUV & pickup audio speaker market during the forecast period. This segment is expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. The 4-way speaker segment is projected to grow at a higher CAGR than other segments duringthe forecast period owingto its superior sound quality over 2-and 3 - wayspeakers .
Product Definition:
SUV & Pickup Audio Speakers are important because they provide sound for the vehicle. They allow the driver and passengers to listen to music, talk on the phone, and hear other sounds while driving.
2-Way Speakers:
2-way speakers is a designation given to speaker systems that consists of two separate speakers connected by an electrical wire or a wireless connection. The system comprises of left and right channel which can be used individually or together through an amplifier. It's the basic configuration most people start with when they want to listen to music in their homes, cars, offices etc.
3-Way Speakers:
3-way speakers are used in the audio system of an SUV and pickup truck. It is a combination of two speakers, one for low frequencies (subwoofer) and another for high frequencies ( tweeter). The size and cost of 3-way speaker vary as per consumer demand. For instance, if a consumer has requirement to install large sound system in his vehicle then he will go with 6 or 8 Ohm speaker impedance which costs more than 4 Ohm speakers.
Application Insights:
The SUV application segment led the global market in 2017 and is projected to expand at a steady CAGR from 2018 to 2030. The growth can be attributed to the growing demand for SUVs across various regions, including Asia Pacific and Middle East & Africa. According to a study conducted by IHS Markit, Inc., shows that sales of sport utility vehicles (SUVs) are expected increase by around 10% globally from 2016 to 2020. In addition, according with the International Organization of Motor Vehicle Manufacturers (OICA), there were nearly 1.25 billion light vehicles on roads worldwide in 2016, up from 962 million in 2007.
Regional Analysis:
The Asia Pacific dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing demand for high-quality audio equipment from emerging countries, such as China and India. Furthermore, rising disposable income coupled with growing popularity of music among young population will drive product demand further.
North America is projected to grow at a significant rate over the forecast period owing to increased consumer preference toward advanced technology vehicles along with growing adoption of aftermarket stereos in pickup trucks and sport utility vehicles (SUVs). Europe accounted for a considerable share of global industry revenue due to high penetration rates of premium audio systems across passenger cars and off-roaders in this region driven by rising purchasing power parity (PPP) per capita income levels especially in Germany, U.K.
Growth Factors:
- Increasing demand for premium audio speakers in SUVs and pickups
- Rising disposable income of consumers in developing countries
- Growing popularity of outdoor recreational activities
- Proliferation of digital music streaming services
- Technological advancements in audio speaker design and manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
SUV & Pickup Audio Speakers Market Research Report
By Type
2-Way Speakers, 3-Way Speakers, 4-Way Speakers, Others
By Application
SUV, Pickup
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global SUV & Pickup Audio Speakers Market Report Segments:
The global SUV & Pickup 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
SUV, Pickup
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 & Pickup 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:
- SUV
- Pickup
- 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 & Pickup 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 & pickup audio speakers are typically larger and more powerful than car audio speakers, making them better suited for louder environments. They're also often designed to be mounted in the vehicle's cabin or on the exterior of the truck, making them easier to access and use.
Some of the major companies in the suv & pickup audio speakers market are Panasonic, Pioneer, Yanfeng Visteon, Alpine, Keenwood, Harman, Clarion, Sony, Delphi, BOSE.
The suv & pickup audio speakers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. SUV & Pickup 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 & Pickup 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 & Pickup Audio Speakers Market - Supply Chain
4.5. Global SUV & Pickup Audio Speakers Market Forecast
4.5.1. SUV & Pickup Audio Speakers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. SUV & Pickup Audio Speakers Market Size (000 Units) and Y-o-Y Growth
4.5.3. SUV & Pickup Audio Speakers Market Absolute $ Opportunity
5. Global SUV & Pickup 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 & Pickup 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 & Pickup 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 & Pickup Audio Speakers Market Size and Volume Forecast by Application
6.3.1. SUV
6.3.2. Pickup
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global SUV & Pickup 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 & Pickup 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 & Pickup 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 & Pickup 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 & Pickup Audio Speakers Demand Share Forecast, 2019-2026
9. North America SUV & Pickup 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 & Pickup 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 & Pickup Audio Speakers Market Size and Volume Forecast by Application
9.4.1. SUV
9.4.2. Pickup
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America SUV & Pickup 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 & Pickup Audio Speakers Demand Share Forecast, 2019-2026
10. Latin America SUV & Pickup 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 & Pickup 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 & Pickup Audio Speakers Market Size and Volume Forecast by Application
10.4.1. SUV
10.4.2. Pickup
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America SUV & Pickup 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 & Pickup Audio Speakers Demand Share Forecast, 2019-2026
11. Europe SUV & Pickup 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 & Pickup 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 & Pickup Audio Speakers Market Size and Volume Forecast by Application
11.4.1. SUV
11.4.2. Pickup
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe SUV & Pickup 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 & Pickup Audio Speakers Demand Share, 2019-2026
12. Asia Pacific SUV & Pickup 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 & Pickup 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 & Pickup Audio Speakers Market Size and Volume Forecast by Application
12.4.1. SUV
12.4.2. Pickup
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific SUV & Pickup 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 & Pickup Audio Speakers Demand Share, 2019-2026
13. Middle East & Africa SUV & Pickup 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 & Pickup 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 & Pickup Audio Speakers Market Size and Volume Forecast by Application
13.4.1. SUV
13.4.2. Pickup
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa SUV & Pickup 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 & Pickup Audio Speakers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global SUV & Pickup Audio Speakers Market: Market Share Analysis
14.2. SUV & Pickup Audio Speakers Distributors and Customers
14.3. SUV & Pickup 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