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

RELEASE DATE
02-May-2024
REGION
Global
Deliverable Type
Market Research
Research Code: PFBF-01-00-00-00
SKU: AU_2024_710
AvailableYesPDF Download
$4,950.00
In stock
SKU
AU_2024_710
$4,950.00
DownloadLink
Purchase includes:
  • Report download
  • Growth dialog™ with our experts
Need more details?

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.

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.
More Information
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