Lucintel’s latest market report analyzed that marine audio provides attractive opportunities in the inboard, outboard, and sterndrive market. The marine audio market is expected to reach $2.7 billion by 2028 with a CAGR of 3.7%. In this market, speakers is the largest segment by component. Development of multi-zone marine stereo receivers and the introduction of Wi-Fi stereos provides strategic growth path in this market.
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Based on component, the marine audio market is segmented into speaker, subwoofer, stereo receiver, and amplifier. The speakers segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to increasing customer demand for better quality multimedia entertainment products.
Browse in-depth TOC on “Marine Audio Market”
65 – Tables
118 – Figures
151 – Pages
The Marine Audio Market is marked by the presence of several big and small players. Some of the prominent players offering marine audio include SONY, Harman, Clarion, JVC, Pioneer, Fusion, Rockford, JL Audio, Wet Sounds, and MTX Audio.
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