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Global Car Audio Subwoofers Market Size By Component (Head Units, Amplifier), By Technology (Voice Recognized Audio System, Non-Voice Recognized Audio System), By Type (Non-Branded Audio System, Branded Audio System), By End-User Application (OEM, Aftermarket), By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Car Audio Subwoofers Market Size By Component (Head Units, Amplifier), By Technology (Voice Recognized Audio System, Non-Voice Recognized Audio System), By Type (Non-Branded Audio System, Branded Audio System), By End-User Application (OEM, Aftermarket), By Geographic Scope And Forecast

 Car Audio Subwoofers Market Size And Forecast

Car Audio Subwoofers Market size was valued at USD 39.41 Million in 2023 and is projected to reach USD 52.7 Million by 2030, growing at a CAGR of 4.1% from 2024 to 2030.

Subwoofers can reproduce a wide bandwidth conveyed by a home cinema system and an external sound source. This is the main factor propelling the global market for car audio subwoofers. Additionally, new opportunities for market expansion are anticipated due to changed consumer lifestyles and attitudes toward using onboard entertainment systems in ride-sharing services. The Global Car Audio Subwoofers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors playing a substantial role in the market.

Global Car Audio Subwoofers Market Definition

A car audio subwoofer is a technology that gives passengers entertainment and information while driving. The part of a full loudspeaker known as a woofer or subwoofer reproducing low-pitched bass or sub-bass is known as a vehicle subwoofer. The average frequency range of a subwoofer is 20 to 200 Hertz. The subwoofer frequency is less than 100 Hertz in professional live sound equipment and less than 80 Hertz in high-fidelity sound systems authorized by THX Limited. A loudspeaker made to span higher frequency bands improves the low frequencies with a subwoofer.

A few buttons on the dashboard were used to manage automobile music in the past, but this is no longer the case thanks to technological improvements. Other gadgets, including steering wheel controls, voice commands, and cellphones, may control the audio in a car. Subwoofers are employed across various platforms, including home audio, theatre sound systems, automotive audio, sound reinforcement systems, etc. Much attention is being paid to applying artificial intelligence to the market for automobile audio subwoofers.

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Global Car Audio Subwoofers Market Overview

Subwoofers can reproduce a wide bandwidth conveyed by a home cinema system and an external sound source. This is the main factor propelling the global market for car audio subwoofers. The global market for car audio subwoofers is expanding due to ongoing research, development, and advancements in the automotive industry. Customers can alter the subwoofer panel’s content to suit their own needs. Customers in most emerging nations also utilize automatic transmissions on public transit to get ride information and listen to music throughout their routine journey.

Additionally, speakers come with an integrated electronic crossover circuit that enables users to control frequency bands for better clarity. This feature is expected to drive further market expansion throughout the projection. Last but not least, touch-operated audio systems are growing more quickly than manually controlled audio systems due to the expanding popularity of mobile and the availability of alternate internet connections. Even though the market for touch-controlled audio equipment is still in its infancy, it is anticipated to expand at a quicker CAGR due to the growing driver demand for better user protection.

The primary barrier to growth for the global car audio subwoofers market is the high cost of car speakers, which raises the cost of owning a car. As a result, the high cost of new devices such as sensors, speaker systems, and LED touchscreen interfaces is predicted to restrain overall growth over the forecast period. The market is expected to expand due to advancements in artificial intelligence (AI) and mobile phone connections in automotive subwoofers.

Global Car Audio Subwoofers Market Segmentation Analysis

The Global Car Audio Subwoofers Market is segmented on the basis of Type, Component, Application, and Geography.

Car Audio Subwoofers Market, By Type

  • Powered Subwoofers
  • Passive Subwoofers

Based on Type, The market is segmented into Powered Subwoofers and Passive Subwoofers. The Powered Subwoofers segment is anticipated to dominate the Car Audio Subwoofers market. They are the most widely utilized since they come equipped with built-in amplifiers and are not constrained by other receivers or amplifiers.

Car Audio Subwoofers Market, By Component

  • Speaker
  • Head Units
  • Amplifier

Based on Component, The market is segmented into Speaker, Head Units, and Amplifier. The Speaker segment is anticipated to dominate the Car Audio Subwoofers market. The speaker is a crucial component of automotive audio systems. Due to advancements in technology and improvements to the interiors of passenger vehicles, and especially safety features with ADAS, the market for car speakers is growing.

Car Audio Subwoofers Market, By Application

  • OEM
  • Aftermarket

Based on Application, The market is segmented into OEM and Aftermarket. The OEM segment is anticipated to dominate the Car Audio Subwoofers market because OEM concentrates on electric transportation, and electric car development continues to grow. Every application’s status and advantage are the segment’s main points of emphasis for key application value, share price, and economic expansion valuation. As a result, there has been a rise in demand for automotive audio subwoofer systems globally throughout the anticipated term.

 Car Audio Subwoofers Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of Regional Analysis, Global Car Audio Subwoofers are classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific will hold the largest Car Audio Subwoofers market share. Strong governmental initiatives, existing projects, rising end-user industries, and rising consumer demand for performance items will all support the market in the APAC region.

Key Players

The “Global Car Audio Subwoofers Market” study report will provide valuable insight emphasizing the global market. The major players in the market are Alpine Electronics, Inc., Clarion Co., Ltd., HARMAN International, JVC Kenwood Corporation, Panasonic Corporation, Pioneer Corporation, Sony Corporation, Delphi Automotive PLC, Bose Corporation, JL Audio Corporation, and Blaupunkt GmbH.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.

Key Developments

 

  •  In January 2021, Harman’s design branch Huemen, located in New York, strengthened its strategic cooperation with Iptor for technological development and substantial user experience work. The future Iptor DC1 v12 will primarily be developed thanks to this relationship since Iptor places the user interface and experience at the core of all future solution development.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Car Audio Subwoofers Market. We cover the major impacting factors responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Car Audio Subwoofers Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Alpine Electronics, Inc., Clarion Co., Ltd., HARMAN International, JVC Kenwood Corporation, Panasonic Corporation, Pioneer Corporation, Sony Corporation, Delphi Automotive PLC.

SEGMENTS COVERED

By Type, By Component, By Application, And By Geography.

CUSTOMIZATION SCOPE

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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