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 4.9% over the five years to 2015. In 2015, revenue is estimated to grow 2.8% to $8.1 billion.
The industry is heavily dependent on international trade, with exports growing an average annual 6.0% over the five-year period, accounting for 26.8% of revenue in 2015. Major export destinations include the United States, Japan, South Korea and Germany.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.