Global Premium Audio Market Professional Survey Report 2018

Published - Aug 2018 | Category - Consumer Goods | No. of Pages - 117 | Published By - Global QYResearch

The global premium audio system market is expected to post a CAGR of nearly 10% during the period 2018-2023, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. 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.


 

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