According to the recent study the marine audio market is projected to reach an estimated $2.7 billion by 2028 from $2.2 billion in 2022, at a CAGR of 3.7% from 2022 to 2028. Growth in this market is primarily driven by the growth in recreational boats production and increasing customer demand for better quality sound systems.
Browse 118 figures / charts
and 65 tables in this 151 -page report to understand trends, opportunities and
forecast in marine audio market by component type (speaker, subwoofer, stereo
receiver, and amplifier), boat type (inboard, outboard, sterndrive, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
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on below link
https://www.lucintel.com/marine-audio-market.aspx
“Speakers market is expected to remain
the largest segment during the forecast period.”
Based on component, the
marine audio market is segmented into speaker, subwoofer, stereo receiver, and
amplifier. Lucintel forecasts that the speakers market is expected to remain
the largest segment due to increasing customer demand for better quality
multimedia entertainment products.
“Europe will dominate the marine audio market in near future.”
Europe is expected to
remain the largest region due to higher production of recreational boat whereas
Asia Pacific is expected to witness highest growth over the forecast period due
to increasing boat production and growth in tourism & water sports
activities.
Download Brochure of this report by clicking on https://www.lucintel.com/marine-audio-market.aspx
Major players of marine
audio market are adopting various growth strategies like new product launches,
expansions, merger and acquisitions, partnerships, agreements, and collaborations
to expand their presence in this market. SONY, Harman, Clarion, JVC, Pioneer,
Fusion, Rockford, JL Audio, Wet Sounds, and MTX Audio are among the major
marine audio providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/marine-audio-market.aspx or helpdesk@lucintel.com.
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Director of Client Engagements
Lucintel
Dallas, Texas, USA
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