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Global Marine Audio Market Research Report 2018: Trends, Forecast and Competitive Analysis, 2012-2023 - ResearchAndMarkets.com

December 5, 2018

DUBLIN--(BUSINESS WIRE)--Dec 5, 2018--The “Marine Audio Market Report: Trends, Forecast and Competitive Analysis” report has been added to ResearchAndMarkets.com’s offering.

The global marine audio market is expected to reach an estimated $2,195.4 million by 2023 and it is forecast to grow at a CAGR of 2.5% from 2018 to 2023.

The future of the global marine audio market looks good with opportunities in the inboard, outboard, and sterndrive market.The major drivers for this market are the growth in recreational boats production and increasing customer demand for better quality sound systems.

Emerging trends, which have a direct impact on the dynamics of the marine audio market, include development of multi-zone marine stereo receivers and the introduction of Wi-Fi stereos.

The report forecasts that the speakers will remain the largest segment and subwoofer will experience the highest growth over the forecast period due to increasing customer demand for better quality multimedia entertainment products.

Within this market, marine audio system for inboard will remain the largest boat type and it is expected to show highest growth over the forecast period due to rising demand of cruise in the emerging markets.

Europe is expected to remain the largest region due to higher production of recreational boat. Asia Pacific is expected to witness highest growth over the forecast period due to increasing boat production and growth in tourism & water sports activities.

Some of the marine audio companies profiled in this report include SONY, Harman, Clarion, JVC, Pioneer, Fusion, Rockford, JL Audio, Wet Sounds, and MTX Audio and others.

Scope of the Report

Marine Audio Market by Component ($ Million and Thousand Units from 2012 to 2023)

Speaker Subwoofer Stereo Receiver Amplifier

Marine Audio Market by Boat Type ($ Million in 2017)

Inboard Outboard Sterndrive Others

Key Topics Covered:

1. Executive Summary

2. Market Background and Classifications

3. Market Trends and Forecast Analysis from 2012 to 2023

4. Market Trends and Forecast Analysis by Region

5. Competitor Analysis

6. Growth Opportunities and Strategic Analysis

7. Company Profiles of Leading Players

Clarion Co. Ltd. Fusion Entertainment Ltd. Harman International Industries Ltd. JL Audio JVC MTX Audio Pioneer Corporation Rockford Corporation SONY Wet Sound

For more information about this report visit https://www.researchandmarkets.com/research/p68hxk/global_marine?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181205005766/en/

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Related Topics:Shipbuilding and Ship Parts

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO TRANSPORT MARITIME

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/05/2018 02:50 PM/DISC: 12/05/2018 02:50 PM

http://www.businesswire.com/news/home/20181205005766/en

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