Global Automotive Satellite Radio Market 2018-2022 | Advances in Satellite Radio Technology with Digitalization to Boost Demand | Technavio

According to the market research report released by Technavio, the global automotive satellite radio market is expected to accelerate at a CAGR of nearly 8% during the forecast period. The increasing penetration rate of satellite radios in automobiles is one of the key factors triggering the growth of the market.

This research report titled ˜Global Automotive Satellite Radio Market 2018-2022 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

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The market research analysis categorizes the global automotive satellite radio market into the following end-users:

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  • OEM
  • Aftermarket

The OEM segment accounted for over 80% of the global automotive satellite radio market share in 2017 owing to the increase in complementary subscription of satellite radio service in the vehicles sold in the US and Western European economies.

Global automotive satellite radio market: Top emerging trend

Advances in satellite radio technology with digitalization is an emerging trend in the automotive satellite radio space. The automotive radio as a whole has been one of the dominant contributors to the automotive in-car entertainment system market. Though there have been emerging connectivity solutions in the automotive industry, the vendors and service providers operating in the automotive radio market are continuously working on innovating satellite radios to consolidate the automotive radio market.

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Technavios sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavios report provides expert market research on the following topics:

Executive Report

  • Market Outline
  • Global Automotive Satellite Radio Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by end-user (OEM and aftermarket)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (Alpine Electronics, Clarion, Delphi, HARMAN International, and Pioneer Electronics)

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

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