TechnoMark News

  According to the report, the global automotive speaker market is projected to surpass  US$ 9.6 Bn  by 2030, expanding at a CAGR of ~ 4%  during the forecast period. Rise in integration of navigation system and use of electronic components in vehicles, and growing integration of mobile and multimedia devices are likely to fuel the demand for speakers during the forecast period. The increase in demand for premium and luxury vehicles that are fitted with good audio systems is likely to fuel the automotive speaker market  across the globe. The surge in adoption of autonomous vehicles and ADAS features in vehicles is anticipated to boost the automotive speaker market across the globe. For instance, after a global slowdown in the automobile industry, several governments have reduced taxes on automobiles to encourage sale of vehicles. Safety features and comfort features in vehicles with good audio systems are boosting sale of automotive speakers, which, in...

Automotive Speaker Market: Introduction According to the report, the global automotive speaker market is projected to surpass  US$ 9.6 Bn  by 2030, expanding at a CAGR of ~ 4%  during the forecast period. Rise in integration of navigation system and use of electronic components in vehicles, and growing integration of mobile and multimedia devices are likely to fuel the demand for speakers during the forecast period. The increase in demand for premium and luxury vehicles that are fitted with good audio systems is likely to fuel the automotive speaker market   across the globe. The surge in adoption of autonomous vehicles and ADAS features in vehicles is anticipated to boost the automotive speaker market across the globe. For instance, after a global slowdown in the automobile industry, several governments have reduced taxes on automobiles to encourage sale of vehicles. Safety features and comfort features in vehicles with good audio systems are boosting sa...