Burgeoning market for SUVs and pickup trucks is expected to drive market expansion in the near future at a CAGR of 11.60% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global In-car Audio System Market” that contains information from 2018 to 2032. The in-car audio system market is estimated to register a CAGR of 11.60% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global in-car audio system market— HARMAN International, FORVIA Faurecia, Pioneer Corporation, Bang & Olufsen, Panasonic Industry Co., Ltd., JLAudio, Sony group corporation, ALPS ALPINE CO., LTD., JVCKENWOOD Corporation, Blaupunkt and others

Market Highlights

The global in-car audio system market is accounted to register a CAGR of 11.60% during the forecast period and is estimated to reach USD 26.3 Billion by 2032.

The in-car audio system market is driven by consumer demand for high-quality infotainment experiences. Advanced audio technologies, connectivity, and customization options are key trends, with major players competing to offer immersive in-vehicle entertainment solutions.

Segment Analysis

The global in-car audio system market has been segmented based component, manufacturer, vehicle type and sales channel.

On the basis of component, the market is segmented into speaker, amplifier, subwoofer, head unit and others. The speaker segment dominated the market in 2022. Customers hold their cars' audio systems to high standards. There is a rising need for high-fidelity speaker systems that can reproduce clear, sharp, and immersive audio in order to enhance the overall in-car entertainment experience.

Based on manufacturer, the global in-car audio system market has been segmented into branded and non-branded. The branded segment dominated the market in 2022. Branded audio systems are often associated with high-end components, innovative engineering, and stringent quality control measures.

Based on vehicle type, the global in-car audio system market has been segmented into ICE and EV. The ICE segment dominated the market in 2022. Globally, ICE vehicles are widely used on the road. People who still drive conventional gasoline or diesel-powered cars represent a substantial market for aftermarket audio system upgrades or replacements.

Based on sales channel, the global in-car audio system market has been segmented into OEM and aftermarket. The OEM category generated the most income in 2022. OEMs are continually looking for novel audio solutions to improve the in-car experience as a whole.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of In-car Audio System Market Developments

Regional Analysis

The global in-car audio system market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe in-car audio system market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The in-car audio system market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World in-car audio system market comprises of Middle East, Africa, and Latin America.

The North America in-car audio system market dominated this market in 2022 (45.80%). Customers in North America frequently place a high value on high-end audio systems that provide immersive experiences and outstanding sound. The need for cutting-edge automobile audio systems is driven by this taste for high-quality audio.

Moreover, the second-largest market share belongs to the Europe market for car audio systems. Customers in Europe usually place a high value on aesthetics and vehicle design. The integration of audio systems that improve the interior styling of the car is highly valued by European automakers.

Additionally, the Asia-Pacific in-car audio system market is expected to grow at the fastest CAGR from 2023 to 2032. While the luxury market is growing, the Asia-Pacific region has a substantial need for affordably priced entry-level vehicles. In this region, OEMs usually offer subpar audio systems, but consumer desire for aftermarket upgrades drives the category's expansion.

Furthermore, the rest of the world's in-car audio system market is divided into the Middle East, Africa, and Latin America. The Latin American in-car audio system market is experiencing growth as consumers seek advanced infotainment solutions. The demand for connectivity, sound quality, and entertainment options is driving innovation. Key players are expanding their presence in the region, offering audio systems tailored to local preferences.

Key Findings of the Study

• The global in-car audio system market is expected to reach USD 26.3 Billion by 2032, at a CAGR of 11.60% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market. While the premium market is expanding, there is a substantial demand for reasonably priced entry-level cars in the Asia-Pacific area. OEMs in this region frequently provide rudimentary audio systems, but consumer demand for aftermarket improvements fuels category growth.


• Based on vehicle type, the ICE segment was attributed to holding the largest market in 2022.


• HARMAN International, FORVIA Faurecia, Pioneer Corporation, Bang & Olufsen, Panasonic Industry Co., Ltd., JLAudio, Sony group corporation, ALPS ALPINE CO., LTD., JVCKENWOOD Corporation, Blaupunkt and others.