Automotive Premium Audio System Market: Demand of car accessories is increasing due to changing the life style of people
When
the system is turned on, it optimizes the sound for up to four different
seating positions inside the car, ensuring that the sound reaches your ears at
the same time no matter where you are. And, for the most part, it's a
worthwhile investment. Listening to music in your car can be better than
listening at home because most premium systems use careful audio design to
position speakers, include subwoofers, and combine excellent amps with superior
speaker build quality.
The
significant increase in vehicle sales around the world is a major factor
driving demand for the automotive
premium audio system market in automobiles. According to statistics
from the International Organization of Motor Vehicle Manufacturers (OICA), the
total number of vehicles sold worldwide in 2016 was 94 million units, up to 96
million units in 2017. Rapid urbanization and rising consumer disposable income
are two factors driving demand for luxury vehicles, which leads to an increase
in the installation of premium audio systems.
Furthermore,
four 16-watt speakers in automotive premium audio systems produce high-quality
sound. As a result, all of these factors are expected to drive the automotive
premium audio system market forward. One of the key catalysts for the global
automotive premium audio system market is the automotive industry's focus on
improving consumer experience through comfort and luxury. As the demand for
video devices and in-dash entertainment systems in vehicles grows, applications
such as rear-seat entertainment and displays will expand significantly,
propelling the global automotive premium audio system market forward.
The
fact that several market players have been integrating high-technology
microchips and digital processors within advanced audio systems is also driving
the market. Additionally, these audio devices provide Bluetooth connectivity
between the vehicle's audio system and the driver's phone. Premium audio
systems employ a variety of speakers, woofers, and other components to produce
high-quality sound.
Automotive
premium audio systems feature surround sound, eight or more speakers, and 400
watts or more of power amplification to provide a theater-like sound experience
inside the vehicle. These high-performance systems are typically included in
in-vehicle entertainment systems.
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