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Global Automotive Premium Audio System Market 2017-2021

LONDON, Feb. 21, 2017 /PRNewswire/ -- Automotive Premium Audio System

Premium audio systems deliver high-performance sound experience using a number of speakers, woofers, and other components. Automotive premium audio systems are those with surround sound, eight or more speakers, and power amplification of 400 watts and more, which offer a theater-like sound experience within the vehicle. These high-performance systems are usually part of the in-vehicle entertainment systems in luxury sedans, SUVs, and vans.

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Technavio's analysts forecast the global automotive premium audio system market to grow at a CAGR of 14.83% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive premium audio system market for 2017-2021. To calculate the market size, the report is based on factory fitment. Furthermore, to calculate the market size based on geography, a top-down approach is used, on the basis of overall automotive premium audio system application.

The market is divided into the following segments based on geography:
- Americas

Technavio's report, Global Automotive Premium Audio System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Alpine Electronics
- Bang & Olufsen
- Bose
- Burmester Audiosysteme
Other prominent vendors
- Blaupunkt
- Boston Acoustics
- Bowers & Wilkins
- Clarion
- Dynaudio
- McIntosh Laboratory
- Meridian Audio
- Pioneer
Market driver
- Improved quality of sound systems through digital signal processors
- For a full, detailed list, view our report

Market challenger
- High cost and design complexity of advanced audio systems
- For a full, detailed list, view our report

Market trend
- Use of audio system as WLAN hotspot enabling 24/7 connectivity
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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