The Marine Audio Global Market Report 2023, provides comprehensive information on the marine audio market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Marine Audio Market’s Growth:
https://www.thebusinessresearchcompany.com/report/marine-audio-global-market-report
The global marine
audio market is expected to grow from $1.81 billion in 2022 to $1.84 billion in
2023 at a compound annual growth rate (CAGR) of 1.7%. The Russia-Ukraine war
disrupted the chances of global economic recovery from the COVID-19 pandemic. The
war between these two countries has led to economic sanctions on multiple
countries, a surge in commodity prices, and supply chain disruptions, causing
inflation across goods and services and affecting many markets across the
globe. The market size of global marine audio is expected to reach $1.95
billion in 2027 at a CAGR of 1.5%.
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Tables):
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Technological
advancements are a key trend gaining popularity in the marine audio market.
Major companies operating in the marine audio market are adopting new
technologies to sustain their position in the market. For instance, in March
2023, Harman International, a US-based audio electronics company, launched the
first marine A2B digital signal audio processor. Its Automotive Audio Bus (A2B)
technology is designed for an improved on-water listening experience, more
straightforward installation and maintenance, and a lower overall cost of
ownership. The A2B-equipped system utilizes up to 32 digital audio channels via
a two-wire bus system. In addition to providing superior digital sound quality,
the A2B system bus reduces the amount of cabling. It extends the distance audio
signals can be run from the head unit to the amplifiers. It enables boat
builders to place amplifiers closer to batteries, shortening power cables and
saving manufacturers time, money, and weight because fewer components are
required.
The marine audio market
is segmented:
1) By Product:
Speaker, Subwoofer, Stereo Receiver, Amplifier
2) By Boat Type:
Inboard, Outboard, Sterndrive, Other Boats
3) By Technology:
Wired, Wireless
4) By Sales:
Original Equipment Manufacturer (OEM), Aftermarket
Europe was the
largest region in the marine audio market in 2022.
The table of contents in TBRC’s marine audio market report includes:
1. Executive Summary
2. Marine Audio Market Characteristics
3. Marine Audio Market Trends And Strategies
4. Marine Audio Market - Macro Economic Scenario
5.Global Marine Audio Historic Market Size and Growth
.
32. Global Marine Audio Market Competitive Benchmarking
33. Global Marine Audio Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Marine Audio Market
35. Marine Audio Market Future Outlook and Potential Analysis
36. Appendix
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