Automotive Premium Audio System Market Analysis Europe,APAC,North America,South America,Middle East and Africa - US,China,Japan,Germany,France - Size and Forecast 2023-2027

Published: Mar 2023

Pages: 171

SKU: IRTNTR40855

Snapshot

Automotive Premium Audio System Market Forecast 2023-2027

The automotive premium audio system market size is estimated to grow by USD 8.62 billion at a CAGR of 6.58% between 2022 and 2027. Improved sound quality and control are important factors for consumers, especially in the highly competitive automotive market. Virtual tuning, which allows for customization of audio settings to suit individual preferences, enhances customer satisfaction and adds value to audio systems. The high popularity of SUV cars, which often come equipped with premium audio systems as standard or optional features, is also driving market growth as consumers increasingly prioritize audio quality and entertainment options in their vehicles.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2022.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

This market report extensively covers market segmentation by application (luxury cars and mid-segment cars), type (speaker, amplifier, and others), and geography (Europe, APAC, North America, South America, and Middle East and Africa).

Market Dynamics and Customer Landscape

The market is experiencing robust growth, fueled by the increasing demand for connected cars and connected vehicles. These vehicles are equipped with advanced audio entertainment systems that offer features such as Bluetooth connectivity, Amazon Alexa, Apple CarPlay, and Google Assistant integration. Consumers are also seeking customized playlists and audiobooks for a personalized in-car entertainment experience. Favorable government policies and growing consumer awareness about the benefits of aftermarket upgrades are driving the market's growth trajectory. Additionally, advancements in audio system software and firmware are enhancing the overall in-car audio system and hands-free calling capabilities. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Improved sound quality and control is one of the key drivers driving the market growth. These systems are designed to deliver superior sound quality and performance, which are highly appealing to customers. Unlike regular systems, these systems include multiple speakers, tweeters, and sound amplifiers to achieve optimal sound quality. These systems are also engineered to evenly distribute sound throughout the vehicle, ensuring that both the driver and passengers can enjoy the sound experience. This feature is particularly valuable in connected cars and vehicles, as it enhances the integration of technologies like Apple CarPlay, Bluetooth connectivity, and audio system software, offering a wide range of audio entertainment options, including audiobooks. Some of these systems even feature noise cancellation technology, which helps block out unwanted external noise and vibrations, creating a theater-like experience. Compared to standalone sound systems, these systems offer superior sound output.

These systems are integrated into the car's infotainment system, providing additional features such as built-in navigation and connectivity with Android/Apple mobile phones. By being part of the infotainment system, these systems enhance driving focus by localizing sound and enabling multitasking through sound separation. They also offer greater control for fine-tuning music sounds. Luxury car manufacturers are increasingly including these systems as standard features in their models and are collaborating with suppliers to customize the systems for each model. This trend aligns with efforts to enhance the in-car audio system and the overall in-car entertainment experience, promoting customer loyalty through features like customized playlists. Additionally, favorable government policies may support the integration of advanced technologies in vehicles. With a growing demand for improved sound quality, the market for these systems is expected to grow significantly in the forecast period.

Significant Market Trend

The development of 34-speaker premium audio systems is the key trend in the market. Automotive systems consist of more than eight audio speakers, which are fitted in the vehicle at various locations to create a superior sound environment. Bose has developed the Bose Panaray audio system for the Cadillac CT6 model, which has 34 speakers positioned at 19 locations inside the car. These speakers are controlled by the Cadillac User Experience infotainment interface. The objective of numerous speakers is to create a live music performance experience for the occupants, which seems like the music is coming from outside the vehicle. Bose adopted the strategy of numerous small speakers instead of a few large speakers to get the coverage needed for hearing the full range of frequencies by every occupant. In addition to the number of speakers, the quality of amplification, speakers, and digital signal processing plays an important role in routing the correct frequencies to the right location for good sound quality. These developments in the system are boosting the growth of the market.

Major Market Challenge

The high cost associated with premium audio systems is hindering the market growth. Most of the premium sound systems feature 3D surround sound with a 5.1 channel configuration to deliver the best in-car sound experience. To deliver such an advanced experience, these sound systems involve high-tech electronics and technology, which increases the cost of development. The high cost of these systems is one of the major challenges for the market. Automotive manufacturers have to either keep their profit margins low or shift the pressure onto consumers because of the high manufacturing costs. However, in the current price-sensitive market, customers look for products that offer the greatest value for money, and it has, therefore, become difficult for manufacturers to shift the pressure of costs onto their customers. These systems are priced between USD 1,500 and USD 7,000. The high price of the system acts as a barrier to its adoption in more vehicle segments and may hamper the growth of the market in focus during the forecast period.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Automotive Premium Audio System Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Bang and Olufsen Group - The company offers automotive premium audio system such as Alpine Status.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

By Application

The market share growth by the luxury cars segment will be significant during the forecast period. The growing disposable income in prominent emerging economies and the high net worth of senior citizens of developed countries are the prime factors driving the adoption of luxury cars. Most of these luxury cars are offered as a standard fitment, and their increased production and resulting sales are directly contributing to the market revenue. In addition, advancements and improvements in premium audio systems offered in luxury vehicles are leading to an increase in the cost of the development of such systems. This is further helping in driving the market revenue. The market in the luxury cars segment will continue to grow during the forecast period because of the innovation and convenience demands in this segment.

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The luxury cars segment shows a gradual increase in the market share of USD 17.52 billion in 2017. The segment is witnessing crucial developments in the form of audio systems that recreate the original musical performance throughout the cabin. Speaker-less automotive audio systems are also under development that will effectively reduce vehicle weight. The launch of luxury cars is expected to boost the demand, which will drive market growth during the forecast period.

By Region

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APAC is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The growth of the market in APAC is expected to increase because of the growing demand for luxury cars from emerging markets, such as India, China, Thailand, and Indonesia. The shift in consumer preference from mileage to aesthetics and advanced features is also expected to drive the adoption in the region during the forecast period. Improvement in the economic conditions of countries such as China and India has led to a rise in the disposable income of consumers leading to an increase in the ownership of cars.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Type Outlook
- Speakers
- Amplifier
- Others

Application Outlook
- Luxury cars
- Mid-segment cars

Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Argentina
  - Brazil
  - Chile
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Market Analyst Overview

The market is witnessing rapid growth due to the increasing demand for excellent audio experiences and high-end audio systems in vehicles. Factors such as the rising popularity of music streaming and podcasts and the integration of alternative audio sources like Android Auto and Apple CarPlay are driving market expansion. Technological advancements in digital signal processing (DSP) and multi-channel amplifiers are enhancing audio quality, further fueling market growth. However, challenges such as supply chain disruptions and regulatory uncertainties may hinder market progress. Overall, the market is poised for significant growth, especially with the increasing adoption of electric vehicles (EVs) and smart automobiles.

The market is experiencing significant growth driven by the increasing integration of Advanced Driver Assistance Systems (ADAS) and the demand for enhanced audio features in vehicles. Factors such as the evolution of car design to accommodate these products, the advancement of car speakers and car stereo technology, and the inclusion of Blu-ray/DVD drives in entertainment systems are shaping the market landscape. Connectivity options and the rise of in-car infotainment systems are further propelling market expansion. While cost reduction efforts are underway, the market still faces challenges such as high initial investment and lack of awareness. However, with the increasing focus on environmental awareness and the development of sustainable and eco-friendly products, the market is poised for substantial growth in the future.

Market Scope
Report Coverage	Details
Page number	171
Base year	2022
Historic period	2017-2022
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.58%
Market growth 2023-2027	USD 8.62 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	6.14
Regional analysis	Europe, APAC, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 37%
Key countries	US, China, Japan, Germany, and France
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	Bang and Olufsen Group, Bose Corp., Boston Acoustics Inc., Bowers and Wilkins, Burmester Audiosysteme GmbH, Cerwin Vega, Dirac Research AB, Goertek Inc., JL Audio Inc., JVCKENWOOD Corp., Koninklijke Philips NV, Meridian Audio Ltd., Nimble Holdings Co. Ltd., Panasonic Holdings Corp., Pioneer Corp., Samsung Electronics Co. Ltd., Sony Group Corp., Stellantis NV, Stillwater Designs and Audio Inc., and Alps Alpine Co. Ltd.
Market dynamics	Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
Precise estimation of the size of the market size and its contribution to the parent market
Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global automotive premium audio system market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global automotive premium audio system market 2017 - 2021 ($ billion)

4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Luxury cars - Market size and forecast 2022-2027
- Exhibit 34: Chart on Luxury cars - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Luxury cars - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Luxury cars - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Luxury cars - Year-over-year growth 2022-2027 (%)

6.4 Mid-segment cars - Market size and forecast 2022-2027
- Exhibit 38: Chart on Mid-segment cars - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Mid-segment cars - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Mid-segment cars - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Mid-segment cars - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Application
- Exhibit 42: Market opportunity by Application ($ billion)
- Exhibit 43: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 44: Chart on Type - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Type - Market share 2022-2027 (%)

7.2 Comparison by Type
- Exhibit 46: Chart on Comparison by Type
- Exhibit 47: Data Table on Comparison by Type

7.3 Speaker - Market size and forecast 2022-2027
- Exhibit 48: Chart on Speaker - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Data Table on Speaker - Market size and forecast 2022-2027 ($ billion)
- Exhibit 50: Chart on Speaker - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Speaker - Year-over-year growth 2022-2027 (%)

7.4 Amplifier - Market size and forecast 2022-2027
- Exhibit 52: Chart on Amplifier - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Amplifier - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Amplifier - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Amplifier - Year-over-year growth 2022-2027 (%)

7.5 Others - Market size and forecast 2022-2027
- Exhibit 56: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 58: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by Type
- Exhibit 60: Market opportunity by Type ($ billion)
- Exhibit 61: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 Europe - Market size and forecast 2022-2027
- Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.4 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.5 North America - Market size and forecast 2022-2027
- Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 France - Market size and forecast 2022-2027
- Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)

9.12 Japan - Market size and forecast 2022-2027
- Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ billion)
- Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 Alps Alpine Co. Ltd.
- Exhibit 115: Alps Alpine Co. Ltd. - Overview
- Exhibit 116: Alps Alpine Co. Ltd. - Business segments
- Exhibit 117: Alps Alpine Co. Ltd. - Key news
- Exhibit 118: Alps Alpine Co. Ltd. - Key offerings
- Exhibit 119: Alps Alpine Co. Ltd. - Segment focus

12.4 Bang and Olufsen Group
- Exhibit 120: Bang and Olufsen Group - Overview
- Exhibit 121: Bang and Olufsen Group - Business segments
- Exhibit 122: Bang and Olufsen Group - Key offerings
- Exhibit 123: Bang and Olufsen Group - Segment focus

12.5 Bose Corp.
- Exhibit 124: Bose Corp. - Overview
- Exhibit 125: Bose Corp. - Product / Service
- Exhibit 126: Bose Corp. - Key news
- Exhibit 127: Bose Corp. - Key offerings

12.6 Boston Acoustics Inc.
- Exhibit 128: Boston Acoustics Inc. - Overview
- Exhibit 129: Boston Acoustics Inc. - Product / Service
- Exhibit 130: Boston Acoustics Inc. - Key offerings

12.7 Bowers and Wilkins
- Exhibit 131: Bowers and Wilkins - Overview
- Exhibit 132: Bowers and Wilkins - Product / Service
- Exhibit 133: Bowers and Wilkins - Key offerings

12.8 Burmester Audiosysteme GmbH
- Exhibit 134: Burmester Audiosysteme GmbH - Overview
- Exhibit 135: Burmester Audiosysteme GmbH - Product / Service
- Exhibit 136: Burmester Audiosysteme GmbH - Key offerings

12.9 Goertek Inc.
- Exhibit 137: Goertek Inc. - Overview
- Exhibit 138: Goertek Inc. - Product / Service
- Exhibit 139: Goertek Inc. - Key offerings

12.10 JVCKENWOOD Corp.
- Exhibit 140: JVCKENWOOD Corp. - Overview
- Exhibit 141: JVCKENWOOD Corp. - Business segments
- Exhibit 142: JVCKENWOOD Corp. - Key news
- Exhibit 143: JVCKENWOOD Corp. - Key offerings
- Exhibit 144: JVCKENWOOD Corp. - Segment focus

12.11 Koninklijke Philips NV
- Exhibit 145: Koninklijke Philips NV - Overview
- Exhibit 146: Koninklijke Philips NV - Business segments
- Exhibit 147: Koninklijke Philips NV - Key news
- Exhibit 148: Koninklijke Philips NV - Key offerings
- Exhibit 149: Koninklijke Philips NV - Segment focus

12.12 Meridian Audio Ltd.
- Exhibit 150: Meridian Audio Ltd. - Overview
- Exhibit 151: Meridian Audio Ltd. - Product / Service
- Exhibit 152: Meridian Audio Ltd. - Key offerings

12.13 Panasonic Holdings Corp.
- Exhibit 153: Panasonic Holdings Corp. - Overview
- Exhibit 154: Panasonic Holdings Corp. - Business segments
- Exhibit 155: Panasonic Holdings Corp. - Key news
- Exhibit 156: Panasonic Holdings Corp. - Key offerings
- Exhibit 157: Panasonic Holdings Corp. - Segment focus

12.14 Pioneer Corp.
- Exhibit 158: Pioneer Corp. - Overview
- Exhibit 159: Pioneer Corp. - Business segments
- Exhibit 160: Pioneer Corp. - Key offerings
- Exhibit 161: Pioneer Corp. - Segment focus

12.15 Samsung Electronics Co. Ltd.
- Exhibit 162: Samsung Electronics Co. Ltd. - Overview
- Exhibit 163: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 164: Samsung Electronics Co. Ltd. - Key news
- Exhibit 165: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 166: Samsung Electronics Co. Ltd. - Segment focus

12.16 Sony Group Corp.
- Exhibit 167: Sony Group Corp. - Overview
- Exhibit 168: Sony Group Corp. - Business segments
- Exhibit 169: Sony Group Corp. - Key news
- Exhibit 170: Sony Group Corp. - Key offerings
- Exhibit 171: Sony Group Corp. - Segment focus

12.17 Stellantis NV
- Exhibit 172: Stellantis NV - Overview
- Exhibit 173: Stellantis NV - Business segments
- Exhibit 174: Stellantis NV - Key news
- Exhibit 175: Stellantis NV - Key offerings
- Exhibit 176: Stellantis NV - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 177: Inclusions checklist
- Exhibit 178: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 179: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 180: Research methodology
- Exhibit 181: Validation techniques employed for market sizing
- Exhibit 182: Information sources

13.5 List of abbreviations
- Exhibit 183: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

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What are the revenue-generating key market segments?
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What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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