Car Electronics Accessories and Communication Market
Car Electronics Accessories and Communication Market Size, Share & Trends Analysis Report by Product Type (Car Speakers, Car Amplifiers, GPS Systems, Bluetooth Kits, Dash Cams, Car Mobile Chargers, Car Monitors, and Others), and by Vehicle Type (Passenger Car and Commercial Car) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Car electronics accessories and communication market is anticipated to grow at a considerable CAGR of 5.6% during the forecast period. The trend of customization of vehicles with personalized electronic car accessories, especially among the young generation is likely to be a prospective driver for the growth of the global car electronics accessories and communication market. Personalized electronic car accessories are items installed in cars as an additional feature for comfort, entertainment, safety, convenience, and security. Consumers are increasingly inclining toward interior gadgets including MP3 players, LCDs, microphones, and stereo systems for comfort and hassle-free driving experience. Further, the rising preference toward comfortable travel among consumers is expected to incline them toward these car electronics accessories and systems and will in turn augment the growth of the market.
Segmental Outlook
The global car electronics accessories and communication market is segmented based on product type and by vehicle type. Based on the product type, the market is segmented into car speakers, car amplifiers, GPS systems, Bluetooth kits, dash cams, car mobile chargers, car monitors, and others. Further, based on the vehicle type, the market is segmented into passenger car, and commercial car. Among the product type segment, the car monitors are anticipated to register the highest growth in terms of CAGR during the forecasting period owing to a rise in preference for an entertaining driving experience.
Among the product type segment, the car mobile charger is anticipated to hold a prominent market share, however, the car monitors sub-segment is expected to witness the fastest growth during the forecast period. The rising demand for hassle-free charging solutions in vehicles with a rise in technological advancement is expected to motivate the segmental growth. The wireless charger is an innovation in modern vehicles, used to charge smartphones and other electronic devices such as mobile phones, tablets, and MP3/WAV players in the vehicle. The companies involved in the manufacturing of car wireless chargers are focusing on maximizing the infrastructure in the automobiles along with offering additional features to encourage more consumers in the market. For instance, in 2022, KODAK launched several charging accessories in India including a wireless charging pad, three MagSafe wireless chargers, and a PD+QC USB wall charger with fast charging capability. The WCM201 Wireless Charger comes with a flexible head and a clamp, that keeps the smartphone charged while driving and using the phone’s GPS.
Regional Outlooks
The global car electronics accessories and communication market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, North America is expected to cater prominent growth over the forecast period. However, the Asia-Pacific region is projected to experience considerable growth in the car electronics accessories and communication market.
Global Car Electronics Accessories and Communication Market Growth, by Region 2022-2028
North America is Expected to Hold a Prominent Share in the Global Car Electronics Accessories and Communication Market
North America is expected to hold a prominent share in the global car electronics accessories and communication market owing to the increasing demand for luxury vehicles along with rising consumer spending on car accessories. A luxury car has comparatively more advanced electronic accessories such as digital dashboard accessories, seat accessories, wireless charging, and more. Additionally, the growing demand for next-generation car accessories and communication systems in countries such as the US is another major factor adding to the regional market growth. For instance, in 2022, THINKWARE launched its newest dash cam model, the X800 in the US market. The X800 includes several flagship features and is equipped with a Sony STARVIS sensor, road safety warning systems, and parking mode.
Market Players Outlook
The major companies serving the global car electronics accessories and communication market includes Alps Alpine North America, Inc., Garmin Ltd., JVCKENWOOD Corp., Pioneer Electronics (USA) Inc., Sony Group Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2021, LIZHI INC., an audio-based social and entertainment platform, partnered with luxury smart electric vehicle brand HiPhi based-on in-car audio technology. The company has also integrated LIZHI's in-car audio products into HiPhi vehicles’ in-car entertainment systems.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global car electronics accessories and communication market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segmentation
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Alps Alpine North America, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Development
3.3. Garmin Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Development
3.4. JVCKENWOOD Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Development
3.5. Pioneer Electronics (USA) Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Development
3.6. Sony Group Corp.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Development
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Car Electronics Accessories and Communication Market by Product Type
4.1.1. Car Speakers
4.1.2. Car Amplifiers
4.1.3. GPS Systems
4.1.4. Bluetooth Kits
4.1.5. Dash Cams
4.1.6. Car Mobile Chargers
4.1.7. Monitors
4.1.8. Others
4.2. Global Car Electronics Accessories and Communication Market by Vehicle Type
4.2.1. Passenger Car
4.2.2. Commercial Car
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Audison
6.2. Huizhou Yunlian Technology Co., Ltd. (carlink)
6.3. iOttie
6.4. JL AUDIO, INC.
6.5. Lanmodo
6.6. Nexar Inc.
6.7. Portable Multimedia Ltd.
6.8. Portronics
6.9. Rockford Corp.
6.10. Shenzhen Deren Electronics Co., LTD.
6.11. Soundstream Inc.
6.12. Stillwater Designs, Inc. (kicker)
6.13. Targetone Innovations Private Ltd.
1. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
2. GLOBAL CAR SPEAKERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL CAR AMPLIFIERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CAR GPS SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL CAR BLUETOOTH KITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL DASH CAMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL CAR MOBILE CHARGERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL CAR MONITORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL OTHER CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
11. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION FOR PASSENGER CAR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION FOR COMMERCIAL CAR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. NORTH AMERICAN CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
17. EUROPEAN CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
19. EUROPEAN CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
23. REST OF THE WORLD CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. REST OF THE WORLD CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
1. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
2. GLOBAL CAR SPEAKERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL CAR AMPLIFIERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL CAR GPS SYSTEMS MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL CAR BLUETOOTH KITS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL DASH CAMS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL CAR MOBILE CHARGERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL CAR MONITORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL OTHER CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SHARE BY VEHICLE TYPE, 2021 VS 2028 (%)
11. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION FOR PASSENGER CAR MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION FOR COMMERCIAL CAR MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. US CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
16. UK CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD CAR ELECTRONICS ACCESSORIES AND COMMUNICATION MARKET SIZE, 2021-2028 ($ MILLION)
