Global Car Stereo Market Report By Type (CD Receiver, DVD Receiver, And Multimedia Receiver), By Application (OEM And Aftermarket) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026

ID:VMR11210102
January 2020
Report Formats:

The rise in automotive sales and high demand of improved sound system is driving market growth. Increased per capita income, improved in the living of standard and increased expenditure on automobile accessories is further fueling the market growth. Also, technological advancement for improved and user-friendly audio system is likely to push the market growth upwards in the forecasting period. Moreover, rising penetration of IoT, rising number of tech-savvy car owners and high demand of high-end audio system is further boosting the market growth.

The latest report by Value Market Research expects the Global Car Stereo Market was valued at USD 30 billion in 2017 and is likely to reach USD 46.5 billion by 2024 with CAGR of 6%.
 
Aftermarket emerged as the leading application
In 2017, Aftermarket dominated the application segment and has accounted for over 45% of the total market share. Aftermarkets sales offer advantages such as superior performance, better customization, reliability, functionality and are relatively inexpensive is driving the segment growth.
 
Multimedia dominated the type segment
In 2017, Multimedia emerged as the leading type segment and has accounted for X.X% of the total market share. Owing to superior graphics such as GPS navigation, touchscreen display, Bluetooth usability, better audio quality, and convenient stereo controls are major factors driving the market growth.
 
North America led the regional market
Geographically, North America has dominated the market by accounting for over 33% of the total market share in 2017. The rise in sales of luxury vehicles along with high demand for the better audio system is driving the market growth in North America.
 
Key players in the market
Alpine Electronics, Inc., Blaupunkt GmbH, Bose Corporation, Clarion Co., Ltd., Delphi Automotive PLC, Harman International Industries, Inc., JL Audio, Kenwood Corporation, Panasonic Corporation, Pioneer Corporation, and Sony Corporation are the prominent vendors of the market 

As per this study the Global Car Stereo Market was valued USD XX BN (by revenue) in 2019 and is anticipated to reach USD XX.X BN by 2026 with a CAGR of X%.
 
Car stereo system refers to a part of the automobile audio system that is embedded in the dashboard, often used for infotainment. It is alternatively known as an audio receiver or head unit. It includes CD player; touch screen displays, radio tuner, auxiliary inputs, amplifier, and equalizer. Some advanced car stereo systems have add-on features such as dashcam, Wi-Fi connectivity, Bluetooth and GPS navigation system.
 
Market Dynamics
 
Growing automotive industry on account of rising car sales in major driver driving the market growth. Rising adoption of IoT and the increased number of tech-savvy population is again driving the market growth. The rise in disposable income, betterment in living standard and increased expenditure on automobile accessories are further fueling the market growth. In addition to this, technological advancement for the development of innovative products is likely to boost the market penetration in the forecasting period.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of car stereo.
 
Market Segmentation
 
The broad car stereo market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Type

  • CD Receiver
  • DVD Receiver
  • Multimedia Receiver
 
By Application
  • OEM
  • Aftermarket
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for car stereo in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Car Stereo Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the car stereo market include Alpine Electronics, Inc., Blaupunkt GmbH, Bose Corporation, Clarion Co., Ltd., Delphi Automotive PLC, Harman International Industries, Inc., JL Audio, Kenwood Corporation, Panasonic Corporation, Pioneer Corporation, and Sony Corporation. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Car Stereo Market
       2.2. Global Car Stereo Market Snapshot
 
3 . CAR STEREO – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Car Stereo Market
       3.3. Market Restraints of Car Stereo Market
       3.4. Opportunities of Car Stereo Market
       3.5. Trends of Car Stereo Market
       3.6. Porter’s Five Force Analysis of Car Stereo Market
       3.7. Car Stereo Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Type
           3.7.2 Market Attractive Analysis by Application
           3.7.3 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Car Stereo Value Chain Analysis
       4.2. Car Stereo Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Car Stereo Raw Material Manufactures List
           4.2.3. Price Trend of Car Stereo Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . GLOBAL CAR STEREO MARKET ANALYSIS BY TYPE
       5.1 Overview by Type
       5.2 Global Car Stereo Market Analysis by Type
       5.3 Market Analysis of CD Receiver by Regions
       5.4 Market Analysis of DVD Receiver by Regions
       5.5 Market Analysis of Multimedia Receiver by Regions
 
6 . GLOBAL CAR STEREO MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Global Car Stereo Market Analysis by Application
       6.3 Market Analysis of OEM by Regions
       6.4 Market Analysis of Aftermarket by Regions
 
7 . GLOBAL CAR STEREO MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Car Stereo Market Estimate by Market Segment
           7.3.3. North America Car Stereo Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Car Stereo Market Estimate by Market Segment
           7.4.3. Europe Car Stereo Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Car Stereo Market Estimate by Market Segment
           7.5.3. Asia Pacific Car Stereo Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Car Stereo Market Estimate by Market Segment
           7.6.3. Latin America Car Stereo Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Car Stereo Market Estimate by Market Segment
           7.7.3. Middle East & Africa Car Stereo Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa
 
8 . COMPETITIVE LANDSCAPE OF THE CAR STEREO COMPANIES
       8.1. Car Stereo Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF CAR STEREO INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Alpine Electronics, Inc.
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Blaupunkt GmbH
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Bose Corporation
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Clarion Co., Ltd.
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Delphi Automotive PLC
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Harman International Industries, Inc.
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. JL Audio
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Kenwood Corporation
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Panasonic Corporation
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Pioneer Corporation
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
       9.13. Sony Corporation
           9.13.1. Company Overview
           9.13.2. Financials
           9.13.3. Products
           9.13.4. Recent Developments
 
10.  IMPACT ANALYSIS OF COVID-19 OUTBREAK
       10.1. Impact Analysis of Covid-19 Outbreak on the Market
           10.1.1. Direct Impact on Production
           10.1.2. Supply Chain and Market Disruption
           10.1.3. Financial Impact on Firms and Financial Markets
       10.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       10.3. Pre V/S Post COVID-19 Market
       10.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
       10.5. COVID-19: Micro and Macro Factor Analysis on the Market
    
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  •  Global Market Snapshot
  •  Drivers of the Global Market Impact Analysis
  •  Restraints of the Global Market Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers 
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19 Market
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Market Size In 2020, By Scenario
  •  COVID-19: Micro and Macro Factor Analysis on the Market
  •  Global Car Stereo Market Analysis by Type (USD MN)
  •  Global Car Stereo Market Analysis in CD Receiver by Geography (USD MN)
  •  Global Car Stereo Market Analysis in DVD Receiver by Geography (USD MN)
  •  Global Car Stereo Market Analysis in Multimedia Receiver by Geography (USD MN)
  •  Global Car Stereo Market Analysis by Application (USD MN)
  •  Global Car Stereo Market Analysis in OEM by Geography (USD MN)
  •  Global Car Stereo Market Analysis in Aftermarket by Geography (USD MN)
  •  Global Car Stereo Market by Geography (USD MN)
  •  North America Car Stereo Market Analysis by Type (USD MN)
  •  North America Car Stereo Market Estimate by Application (USD MN)
  •  North America Car Stereo Market Estimate by Country (USD MN)
  •  United State Car Stereo Market Analysis by Type (USD MN)
  •  United State Car Stereo Market Estimate by Application (USD MN)
  •  Rest of North America Car Stereo Market Analysis by Type (USD MN)
  •  Rest of North America Car Stereo Market Estimate by Application (USD MN)
  •  Europe Car Stereo Market Analysis by Type (USD MN)
  •  Europe Car Stereo Market Estimate by Application (USD MN)
  •  United Kingdom Car Stereo Market Analysis by Type (USD MN)
  •  United Kingdom Car Stereo Market Estimate by Application (USD MN)
  •  France Car Stereo Market Analysis by Type (USD MN)
  •  France Car Stereo Market Estimate by Application (USD MN)
  •  Germany Car Stereo Market Analysis by Type (USD MN)
  •  Germany Car Stereo Market Estimate by Application (USD MN)
  •  Rest of Europe Car Stereo Market Analysis by Type (USD MN)
  •  Rest of Europe Car Stereo Market Estimate by Application (USD MN)
  •  Asia Pacific Car Stereo Market Analysis by Type (USD MN)
  •  Asia Pacific Car Stereo Market Estimate by Application (USD MN)
  •  Asia Pacific Car Stereo Market Estimate by Country (USD MN)
  •  China Car Stereo Market Analysis by Type (USD MN)
  •  China Car Stereo Market Estimate by Application (USD MN)
  •  Japan Car Stereo Market Analysis by Type (USD MN)
  •  Japan Car Stereo Market Estimate by Application (USD MN)
  •  India Car Stereo Market Analysis by Type (USD MN)
  •  India Car Stereo Market Estimate by Application (USD MN)
  •  Rest of Asia Pacific Car Stereo Market Analysis by Type (USD MN)
  •  Rest of Asia Pacific Car Stereo Market Estimate by Application (USD MN)
  •  Latin America Car Stereo Market Analysis by Type (USD MN)
  •  Latin America Car Stereo Market Estimate by Application (USD MN)
  •  Latin America Car Stereo Market Estimate by Country (USD MN)
  •  Brazil Car Stereo Market Analysis by Type (USD MN)
  •  Brazil Car Stereo Market Estimate by Application (USD MN)
  •  Rest of Latin America Car Stereo Market Analysis by Type (USD MN)
  •  Rest of Latin America Car Stereo Market Estimate by Application (USD MN)
  •  Middle East & Africa Car Stereo Market Analysis by Type (USD MN)
  •  Middle East & Africa Car Stereo Market Estimate by Application (USD MN)
  •  Middle East & Africa Car Stereo Market Estimate by Country (USD MN)
  •  Middle East Car Stereo Market Analysis by Type (USD MN)
  •  Middle East Car Stereo Market Estimate by Application (USD MN)
  •  Africa Car Stereo Market Analysis by Type (USD MN)
  •  Africa Car Stereo Market Estimate by Application (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
  •  New Product Launch
  •  Other Developments
  •  Company Market Share Analysis, 2019
 
 LIST OF FIGURES
 
  •  Research Scope of Car Stereo Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Car Stereo Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Type
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Car Stereo Market Analysis by Type (USD MN)
  •  Global Car Stereo Market Analysis in CD Receiver by Geography (USD MN)
  •  Global Car Stereo Market Analysis in DVD Receiver by Geography (USD MN)
  •  Global Car Stereo Market Analysis in Multimedia Receiver by Geography (USD MN)
  •  Global Car Stereo Market Analysis by Application (USD MN)
  •  Global Car Stereo Market Analysis in OEM by Geography (USD MN)
  •  Global Car Stereo Market Analysis in Aftermarket by Geography (USD MN)
  •  Latin America Car Stereo Market by Revenue
  •  Middle East & Africa Car Stereo Market by Revenue
  •  Recent Development in Car Stereo Industry
  •  Company Market Share Analysis, 2019
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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