LONDON, Jan. 8, 2015 /PRNewswire/ -- About OEM Premium Audio
Modern day vehicles are equipped with state-of-the-art AV entertainment systems to enhance the driving experience. Premium audio systems are those with surround sound, eight or more speakers, and power amplification of more than 400 watts. These systems are used in luxury and high-end vehicles. Automotive audio systems are gaining popularity as newer vehicles come with factory-fitted premium audio systems, making them comparatively cheaper than when purchased separately. OEMs focus on providing these systems to attain product differentiation in the Automotive market. Additionally, an increase in the number of audio system suppliers has escalated the competition between the players in the market.
TechNavio's analysts forecast the Global OEM Premium Audio market to grow at a CAGR of 12.91 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global OEM Premium Audio market for the period 2014-2018.
TechNavio's report, the Global OEM Premium Audio Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region, and Europe; it also covers the Global OEM Premium Audio market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
- Americas
- APAC
- Europe
Key Vendors
- Alpine Electronics
- Bang & Olufsen
- Bose
- Harman International Industries
Other Prominent Vendors
- Blaupunkt
- Boston Acoustics
- Bowers & Wilkins
- Clarion
- Dynaudio International
- JVC Kenwood
- McIntosh Laboratory
- Meridian Audio
- Panasonic
- Pioneer
- Rockford
- Sony
Key Market Driver
- Increase in Utilization of Digital Content
- For a full, detailed list, view our report
Key Market Challenge
- High Cost of Premium Audio Systems
- For a full, detailed list, view our report
Key Market Trend
- High Growth Prospects in Emerging Markets
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2018 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.
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