Growth Opportunities in the North American Automotive Audio Sector, 2023 2030
Growth Opportunities in the North American Automotive Audio Sector, 2023 2030
Software-Defined Upgrades Will Adapt to the Transformative Megatrends of Connected, Autonomous, Shared, and Electric Vehicles
02-May-2024
Global
Market Research
Description
The automotive industry continues to enrich consumer convenience and the in-vehicle experience. A major contributor is advancements in audio technology: speakers, acoustics, and applications.
This analysis provides insights on
• audio technology and component roadmap,
• current offerings and forecasts,
• key tier players showcasing revolutionary audio technologies, and
• future audio transformation trends in the evolving digital ecosystem.
Growth opportunities for audio technology are significant in the era of connected, autonomous, shared, and electric mobility. Premium automakers have already implemented the most advanced technologies in their vehicles, and many mass-market manufacturers are offering branded audio as an upgrade option.
Frost & Sullivan conducted in-depth discussions with thought leaders from original equipment manufacturers, Tier I suppliers, and technology providers. The analysis considers the industry landscape in terms of increasing speaker counts, audio signal processing, and software transitions in three areas: factory fitted (branded/unbranded) speaker technology; surround sound systems; and 3D spatial audio. The analysis examines also growth opportunities for automakers and suppliers.
Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Automotive Audio Industry
Key Findings
Overview of an In-Vehicle Audio Technology Roadmap
Audio Penetration by Technology
Audio Penetration Snapshot by OEM Brand
Audio Technology Supplier Portfolio Snapshot
Scope of Analysis
Segmentation
Definitions and Implementation Analysis
Definitions and Implementation Analysis (continued)
Competitive Environment
Key Competitors
Audio Component Roadmap
Automotive Speaker Technology Roadmap
Interior Speaker Placement Variations
Future of Vehicle Interior Speaker Placements
Overview of Audio Technology Use Cases in a CASE World Across Connected Cars and XaaS
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Revenue and Unit Shipment Forecast
Revenue Forecast by Audio Technology
Unit Shipment Forecast by Technology
Pricing Trends and Revenue Forecast Analysis
Growth Metrics
Revenue and Unit Shipment Forecast
Forecast Analysis—Basic Audio
Growth Metrics
Revenue and Unit Shipment Forecast
Forecast Analysis—Surround Sound Technology
Growth Metrics
Revenue and Unit Shipment Forecast
Forecast Analysis—3-D Audio Technology
Audio Offering—BMW
Audio Offering—Chevrolet
Audio Offering—Ford
Audio Offering—Jeep
Audio Offering—Mercedes-Benz
Audio Offering—Toyota
Audio Penetration Snapshot by OEM Brand
Audio Offering—Alps Alpine
Audio Offering—Bose
Audio Offering—Harman
Audio Offering—Panasonic
Audio Offering—Sony
Audio Technology Supplier Portfolio Snapshot
Characteristics of Audio in Evolving Digital Ecosystems
Automotive Audio Technology Use Cases
Mapping Audio Technology Use Cases Across Smart Cars and CaaS
Mapping Audio Technology Use Cases Across MaaS and CLaaS
Growth Opportunity 1—Partnerships
Growth Opportunity 1—Partnerships (continued)
Growth Opportunity 2—CASE Audio
Growth Opportunity 2—CASE Audio (continued)
Growth Opportunity 3—Product Differentiation
Growth Opportunity 3—Product Differentiation (continued)
Best Practices Recognition
Frost Radar
Benefits and Impacts of Growth Opportunities
Next Steps
Take the Next Step
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Growth dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Deliverable Type | Market Research |
---|---|
Author | Ashwini Ankit Suvarna |
Industries | Automotive |
No Index | No |
Is Prebook | No |
Keyword 1 | Automotive Audio Market |
Keyword 2 | North American Audio Growth |
Keyword 3 | Innovations Audio Sector |
Podcast | No |
WIP Number | PFBF-01-00-00-00 |