Marine audio systems are used in ships, boats, and other modes of water transport, and they can adapt to the ambient temperature of the water. These systems are anti-corrosion, water-resistant, and UV resistant. Furthermore, these systems are designed in such a way that they can bear the variable levels of exposure to climate, water, and humidity conditions. To effectively manage accurate and reliable communication in marine transportation, the demand for such products will surge during the forecast period. As per Business Research Insights, the market for marine audio system is expected to grow at an 11.4% CAGR during 2022-2027 and will be valued at USD 1,773.5 million by 2027.
Business Research Insights highlights the top 8 companies in the marine audio system industry.
1. Sony (Tokyo, Japan)
Sony is a Japanese company that was founded in 1946. The company diligently develops techniques that help individuals to enjoy every moment of life. The company deals in personal audio, television, digital imaging, car audio, and professional solutions. To create a sustainable environment for future generations, the company is accompanying eco-friendly strategies to create a better world to live in.
2. Harman (Stamford, U.S.)
Harman is a multinational home and car audio equipment company headquartered in the U.S. and founded in 1953. The company is well known for developing innovative solutions to enhance entertainment experiences for audiences around the world. The company's strong values enable the organization to move at a lightning pace.
3. Namsung Corporation (Seoul, South Korea)
Namsung Corporation is a Korean firm that was founded in 1965. The company expanded its digital technology to enhance its market presence in electronic products. The company invested heavily in research and development activities to give end-users a high-class experience in the entertainment industry.
4. Boss Audio Systems (Oxnard, U.S.)
Boss Audio Systems is headquartered in the U.S. and was founded in 1987. With its innovative product design and disruptive approach, the company is renowned all over the world for its offerings and services. To become a prominent leader, the company is committed to providing clean and robust sound solutions that make every listening experience more enjoyable.
5. Pioneer (Tokyo, Japan)
Pioneer is a Japanese Corporation that was founded in 1938. The company's specialization in digital infotainment technologies has gained a leading position in automotive entertainment systems. To enhance visibility and avoid negative impacts, the company introduced VREC- DZ700DC Gps technology to give drivers better assistance.
6. JVC Kenwood (Yokohama, Japan)
JVC Kenwood is headquartered in Yokohama, Japan, and is a Japanese multinational electronics company founded in 2008. With its cutting-edge technologies, JVC has become the preferred choice for consumers in a wide range of headphones and entertainment gadgets. To lead into a new era, the company is expanding into in-vehicle products and services.
7. Poly-planner (California, U.S.)
Poly-planner is headquartered in California, U.S. and was founded in 1980. The company is well known for developing waterproof marine audio systems. With its applications, such as easy-to-install and ultra-low magnetic field speakers, the company has created a buzz in the marketplace to eliminate serious problems such as locating the navigation systems.
8. Maxxsonics (Libertyville, U.S.)
Maxxsonics is a leading consumer electronics company headquartered in Libertyville, U.S. and was founded in 2001. The company offers manufacturers high-quality solutions to make great audio solutions for any vehicle, including marine. The company has set its benchmark in the marketplace for creating OEM audio solutions for Kawasaki off-road vehicles.
Growing Trend for Digital Sound Processors Surges the Adoption of Marine Audio System to Facilitate Market Development
The growing trend of Wi-Fi stereos for better quality systems due to its application of sending the files at a faster rate rather than using Bluetooth has reinforced the marine audio system demand in the marketplace. Also, the growing trend of digital sound processors in maintaining sound quality leads to the market growth. The rise in tourism and boating activities and increasing interest among the young population in boat racing and water sports have surged the production of recreational boats. The rise in spending on leisure activities in developing as well as developed countries is supporting the market development.