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North America and Europe Car Audio market is expected to reach US$ North America and USD 1.64 Billion by 2027 with CAGR of 6.73%

Car Audio Market is projected to grow from USD 1.19 Billion in 2017 to USD 1.64 Billion by 2022, at a CAGR of 6.73% during the forecast period. This growth is primarily driven by the increasing use of heat exchangers in unmanned aerial vehicles and rising commercial aircraft deliveries.

Demand for superior driving experience with advance voice controlled assistants such as Siri and Cortana while driving is fueling the demand for voice recognized car audio system. However, in coming years the voice recognized car audio technology would enable the system to ignore intrusive off-axis suspension or speakers, which would further enable the passengers to communicate simultaneously with the system as well as other passengers without any worry.

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the US is dominating the aircraft landing gear market in terms of installation, which in turn boost the demand for aircraft landing gear market. The economy of the US largely depends upon the performance of the aerospace manufacturing industry in the country. The US aerospace industry is the largest in the world, and aerospace manufacturers in the country are considered to be highly competitive in the international market. In the year 2018, the contribution of the aerospace industry by the export sales to the US economy amounted to US$ 151 Bn. The positive trade balance of US$ 88 Bn for fiscal 2018 was the largest for any manufacturing industry in the US.

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NORTH AMERICA AIRCRAFT LANDING GEAR MARKET – SEGMENTATION

By Component

Speaker

Head Unit (including Audio Visuals)

Amplifier

Others

By Technology

Voice Recognized

Non-Voice Recognized

By Accessibility Type

Smart Phone Controlled

Manual Controlled

By Make Type

Branded

Non-Branded

By Geography

North America

U.S.

Canada

Mexico

North America and Europe

France

Germany

Italy

Spain

U.K

Company Profiles

Alpine Electronics, Inc.

Clarion Co., Ltd.

HARMAN International

JVC Kenwood Corporation

Panasonic Corporation

Pioneer Corporation

Sony Corporation

Delphi Automotive PLC

Bose Corporation

JL Audio Corporation

Blaupunkt GmbH

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