Global Premium Audio Market Growth 2019-2024
Table of Contents
2019-2024 Global Premium Audio Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Premium Audio Consumption 2014-2024
- 2.1.2 Premium Audio Consumption CAGR by Region
- 2.2 Premium Audio Segment by Type
- 2.2.1 400-1000 Watt
- 2.2.2 Below 400 Watt
- 2.2.3 Above 1000 Watt
- 2.3 Premium Audio Consumption by Type
- 2.3.1 Global Premium Audio Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Premium Audio Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Premium Audio Sale Price by Type (2014-2019)
- 2.4 Premium Audio Segment by Application
- 2.4.1 Car Use
- 2.4.2 Home Theater
- 2.4.3 Others
- 2.5 Premium Audio Consumption by Application
- 2.5.1 Global Premium Audio Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Premium Audio Value and Market Share by Application (2014-2019)
- 2.5.3 Global Premium Audio Sale Price by Application (2014-2019)
3 Global Premium Audio by Players
- 3.1 Global Premium Audio Sales Market Share by Players
- 3.1.1 Global Premium Audio Sales by Players (2017-2019)
- 3.1.2 Global Premium Audio Sales Market Share by Players (2017-2019)
- 3.2 Global Premium Audio Revenue Market Share by Players
- 3.2.1 Global Premium Audio Revenue by Players (2017-2019)
- 3.2.2 Global Premium Audio Revenue Market Share by Players (2017-2019)
- 3.3 Global Premium Audio Sale Price by Players
- 3.4 Global Premium Audio Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Premium Audio Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Premium Audio Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Premium Audio by Regions
- 4.1 Premium Audio by Regions
- 4.1.1 Global Premium Audio Consumption by Regions
- 4.1.2 Global Premium Audio Value by Regions
- 4.2 Americas Premium Audio Consumption Growth
- 4.3 APAC Premium Audio Consumption Growth
- 4.4 Europe Premium Audio Consumption Growth
- 4.5 Middle East & Africa Premium Audio Consumption Growth
5 Americas
- 5.1 Americas Premium Audio Consumption by Countries
- 5.1.1 Americas Premium Audio Consumption by Countries (2014-2019)
- 5.1.2 Americas Premium Audio Value by Countries (2014-2019)
- 5.2 Americas Premium Audio Consumption by Type
- 5.3 Americas Premium Audio Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Premium Audio Consumption by Countries
- 6.1.1 APAC Premium Audio Consumption by Countries (2014-2019)
- 6.1.2 APAC Premium Audio Value by Countries (2014-2019)
- 6.2 APAC Premium Audio Consumption by Type
- 6.3 APAC Premium Audio Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Premium Audio by Countries
- 7.1.1 Europe Premium Audio Consumption by Countries (2014-2019)
- 7.1.2 Europe Premium Audio Value by Countries (2014-2019)
- 7.2 Europe Premium Audio Consumption by Type
- 7.3 Europe Premium Audio Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Premium Audio by Countries
- 8.1.1 Middle East & Africa Premium Audio Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Premium Audio Value by Countries (2014-2019)
- 8.2 Middle East & Africa Premium Audio Consumption by Type
- 8.3 Middle East & Africa Premium Audio Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Premium Audio Distributors
- 10.3 Premium Audio Customer
11 Global Premium Audio Market Forecast
- 11.1 Global Premium Audio Consumption Forecast (2019-2024)
- 11.2 Global Premium Audio Forecast by Regions
- 11.2.1 Global Premium Audio Forecast by Regions (2019-2024)
- 11.2.2 Global Premium Audio Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Premium Audio Forecast by Type
- 11.8 Global Premium Audio Forecast by Application
12 Key Players Analysis
- 12.1 Panasonic
- 12.1.1 Company Details
- 12.1.2 Premium Audio Product Offered
- 12.1.3 Panasonic Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Panasonic News
- 12.2 Bose
- 12.2.1 Company Details
- 12.2.2 Premium Audio Product Offered
- 12.2.3 Bose Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Bose News
- 12.3 Sony
- 12.3.1 Company Details
- 12.3.2 Premium Audio Product Offered
- 12.3.3 Sony Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Sony News
- 12.4 Harman International Industries
- 12.4.1 Company Details
- 12.4.2 Premium Audio Product Offered
- 12.4.3 Harman International Industries Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Harman International Industries News
- 12.5 Pioneer
- 12.5.1 Company Details
- 12.5.2 Premium Audio Product Offered
- 12.5.3 Pioneer Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Pioneer News
- 12.6 Alpine Electronics
- 12.6.1 Company Details
- 12.6.2 Premium Audio Product Offered
- 12.6.3 Alpine Electronics Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Alpine Electronics News
- 12.7 JVC Kenwood
- 12.7.1 Company Details
- 12.7.2 Premium Audio Product Offered
- 12.7.3 JVC Kenwood Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 JVC Kenwood News
- 12.8 Bowers & Wilkins
- 12.8.1 Company Details
- 12.8.2 Premium Audio Product Offered
- 12.8.3 Bowers & Wilkins Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Bowers & Wilkins News
- 12.9 Clarion
- 12.9.1 Company Details
- 12.9.2 Premium Audio Product Offered
- 12.9.3 Clarion Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Clarion News
- 12.10 Sound United
- 12.10.1 Company Details
- 12.10.2 Premium Audio Product Offered
- 12.10.3 Sound United Premium Audio Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Sound United News
- 12.11 Rockford
- 12.12 Focal-JMLab
- 12.13 McIntosh Laboratory
- 12.14 Dynaudio
- 12.15 Bang & Olufsen
- 12.16 Meridian Audio
13 Research Findings and Conclusion
Audio systems are audio electronics intended for entertainment use, such as shelf stereos and surround sound receivers. Premium audio systems deliver high-performance sound experience using a number of speakers, woofers, and other components.
The growing popularity and demand for in-vehicle entertainment systems will drive the market for premium audio systems. The rapid shift of the automotive industry toward systems offering more comfort and luxury is one of the key factors propelling the market’s growth, specifically in mid-segment vehicles.
The manufacturers in the market are increasingly integrating advanced digital processors and microchips within the head units of modern audio systems. These microprocessors and chips improve the sound quality of the system, making them more premium in operation.
Several manufacturers for automotive entertainment are developing systems that have the potential to deliver wired and wireless connectivity with the integration of hotspot in the main unit. Such integration has enabled portable Wi-Fi for enhanced and uninterrupted connectivity.
According to this study, over the next five years the Premium Audio market will register a 6.9% CAGR in terms of revenue, the global market size will reach US$ 9310 million by 2024, from US$ 6680 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Premium Audio business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Premium Audio market by product type, application, key manufacturers and key regions and countries.
This study considers the Premium Audio value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
400-1000 Watt
Below 400 Watt
Above 1000 Watt
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Car Use
Home Theater
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Panasonic
Bose
Sony
Harman International Industries
Pioneer
Alpine Electronics
JVC Kenwood
Bowers & Wilkins
Clarion
Sound United
Rockford
Focal-JMLab
McIntosh Laboratory
Dynaudio
Bang & Olufsen
Meridian Audio
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Premium Audio consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Premium Audio market by identifying its various subsegments.
Focuses on the key global Premium Audio manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Premium Audio with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Premium Audio submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.