Along with the growing domestic automobile market, revenue for the Automobile Audio Product Manufacturing industry in China is estimated to grow at an annualized rate of 4.1% over the five years to 2018. In 2018, revenue is estimated to grow 1% to $9.6 billion.Mainly due to weak international market demand since 2013, industry exports decreased at the average rate of 8% over the five-year period, accounting for an estimated 14.6% of revenue in 2018. Major export destinations include the United States, Japan, South Korea and Germany.Most automobile manufacturers equip their vehicles with low-end audio equipment. Increasing car consumption and income levels have spurred the development of high-end audio equipment upgrade options from this industry...purchase to read more.

Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 13-18
4.1%
Forecast Growth 18-23
Profit
Employment
110,924
Businesses
750

Industry Report - Industry SWOT Analysis Chapter

Value-added for the Automobile Audio Product Manufacturing industry in China is expected to grow at an annualized rate of 3.9% in the 10 years to 2023, lower than China's annual GDP growth of 6.5% over the same period.Technology has developed rapidly in recent years, especially for head units, which are the main component of automobile audio systems. Prevalent head units include radio, radio plus MP3, CD player, MP3 plus CD, CD plus navigation and MP5 units. In recent years, MP3 units have replaced CD units and mass hard drive capacity has replaced traditional discs.The growing automobile market has promoted the development of the Automobile Audio Product Manufacturing industry in China. Mos...purchase to read more.

Additional Insights for the Automobile Audio Product Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Automobile Audio Product Manufacturing Industry are

  • Establishment of export markets
  • Ability to pass on cost increases
  • Ability to alter goods and services produced in favour of market conditions
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Automobile and Light Duty Motor Vehicle Manufacturing and Per Capita Disposable Income in the Automobile Audio Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Automobile Audio Product Manufacturing Industry?

    The Automobile Audio Product Manufacturing in China manufactures a variety of audio products specifically for automobiles, including head units (e.g. radio, CD, radio-MP3, and CD-navigation), speakers, and amplifiers.

    Industry Products
  • DVD navigation systems
  • MP5 players
  • DVD players
  • CD-MP3 players
  • Hot play SD card players
  • Others
  • Industry Activities
  • Audio software development
  • Radio
  • CD-player
  • Power amplifier
  • Speaker
  • Transmission device
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream Demand - Automobile and Light Duty Motor Vehicle Manufacturing
  • Per Capita Disposable Income
  • Age Group (15-49)
  • Domestic Goods Prices
  • Level of Protectionist Policies - Domestic Manufacturers vs Foreign Manufacturers
  • MATERIALS
  • Systems and Technology - by Industry
  • World demand

  • Current Performance
    International tradeDomestic demandEnterprises and employmentCompetitive landscape
  • Chart: Revenue Growth

  • Industry Outlook
    International trade and competitionEnterprises
  • Table: Automobile Audio Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Automobile Audio Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Department Stores & Shopping Malls
  • Supermarkets
  • Car Dealers

  • Key Selling Industries
  • Electrical Equipment and Machinery Manufacturing
  • Plastic Parts Manufacturing
  • Satellite Transmission Services

  • Products & Services
  • DVD navigation systems
  • MP5 players
  • DVD players
  • CD-MP3 players
  • Hot play SD card players
  • Others
  • Chart: Automobile Audio Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Pricing
  • Income levels
  • Development of the automotive sector
  • Product innovation
  • Consumer trends
  • Installation

  • Major Markets
  • Agents and distributors
  • Electronic product markets
  • Automobile manufacturers
  • Exports
  • Other
  • Specialty stores
  • Chart: Major Market Segmentation for the Automobile Audio Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases and depreciation
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Automobile Audio Product Manufacturing

  • Basis of Competition
  • Price
  • Brand
  • Service
  • Quality
  • Product and technology innovation
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Automobile Audio Product Manufacturing Industry

  • Industry Globalization
    Huizhou Desay SV Automotive Co. Ltd., Pioneer (China) Investment Co. Ltd., Alpine Electronics (China) Co. Ltd., JVC Kenwood Holding Company, Panasonic Group (China),
  • Table: Huizhou Desay SV Automotive Co. Ltd. - financial performance
  • Table: Pioneer (China) Investment Co. Ltd. - financial performance
  • Table: Alpine Electronics (China) Co. Ltd. - financial performance
  • Table: JVC Kenwood Holding Company - financial performance
  • Table: Panasonic Group (China) - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Automobile Audio Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Automobile Audio Product Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Total Assets (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    After Market
  • The secondary market of the automotive industry, concerned with the manufacturing, distribution, retailing and installation of all vehicle parts after the sale of the automobile to the consumer.
  • Mp3
  • Audio compression technology used to store and play digital music.
  • Original Equipment Manufacturer (Oem)
  • A company that manufactures products or components that are purchased by a company and retailed under the purchasing company's brand name.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Automobile Audio Product Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Automobile Audio Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Automobile Audio Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Automobile Audio Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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