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Automotive Speaker Market Share

Report ID: GMI3630
Published Date: Oct 2023
Report Format: PDF

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Automotive Speaker Market Share

Major companies operating in the automotive speaker industry are:

Alpine Electronics, Inc.
Blaupunkt GmBh
Bose Corporation
Bowers & Wilkins
Burmester Audiosysteme GmbH
Clarion Co., Ltd.
Continental Aktiengesellschaft (AG)
Dynaudio A/S
ELETTROMEDIA SRL
Focal JMLAB
Harman International Industries, Inc.
Panasonic Corporation
Pioneer Corporation
Sony Corporation

Sony Corporation, and Pioneer Corporation are the major companies operating in the automotive speaker industry. Sony's automotive speakers are often designed to seamlessly integrate with modern infotainment systems. Pioneer specializes in customizing and tuning its automotive speaker systems to match the acoustics of specific vehicle models. This ensures that the audio quality is optimized for the unique characteristics of each car, providing an enhanced listening experience.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive speaker reached USD 7.3 billion in 2022 and is set to grow at 6.1% CAGR from 2023 to 2032, owing to the escalating sales of passenger vehicles.

In 2022, the 3-way speaker segment held a market share of over 35%. The universally compatible design, which seamlessly synchronizes with any car's audio system, is a key factor propelling the product demand.

Asia Pacific market with a major share of over 35% in 2022, backed by the proliferation of infotainment systems in the aftermarket as consumers increasingly upgrade their vehicles with infotainment systems.

Alpine Electronics, Inc., Blaupunkt GmbH, Bose Corporation, Bowers & Wilkins, Burmester Audiosysteme GmbH, Clarion Co., Ltd., Continental Aktiengesellschaft (AG), Dynaudio A/S, ELETTROMEDIA SRL, and Focal JMLAB.