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(Transportation-News.com, March 11, 2018 ) Premium audio systems deliver high-performance sound experience using a number of speakers, woofers, and other components. Automotive premium audio systems are those with surround sound, eight or more speakers, and power amplification of 400 watts and more, which offer a theater-like sound experience within the vehicle. These high-performance systems are usually part of the in-vehicle entertainment systems in luxury sedans, SUVs, and vans.
Publisher's analysts forecast the global Automotive premium audio system market to grow at a CAGR of 14.83% during the period 2017-2021.
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Covered in this report The report covers the present scenario and the growth prospects of the global automotive premium audio system market for 2017-2021. To calculate the market size, the report is based on factory fitment. Furthermore, to calculate the market size based on geography, a top-down approach is used, on the basis of overall automotive premium audio system application.
The market is divided into the following segments based on geography: -Americas -APAC -EMEA
Publisher's report, Global Automotive Premium Audio System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors -Alpine Electronics -Bang & Olufsen -Bose -Burmester Audiosysteme -HARMAN
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Other prominent vendors -Blaupunkt -Boston Acoustics -Bowers & Wilkins -Clarion -Dynaudio -McIntosh Laboratory -Meridian Audio -Pioneer
Market driver -Improved quality of sound systems through digital signal processors -For a full, detailed list, view our report
Market challenge -High cost and design complexity of advanced audio systems -For a full, detailed list, view our report
Market trend -Use of audio system as WLAN hotspot enabling 24/7 connectivity -For a full, detailed list, view our report
Key questions answered in this report -What will the market size be in 2021 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?
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