Global Car Audio Market Size was USD 5.50 Billion in 2022, this report covers Market growth, trend, opportunity and forecast 2023-2030

The Car Audio Market is expected to grow from USD 5.50 Billion in 2022 to USD 7.90 Billion by 2030, at a CAGR of 5.30% during the forecast period.

The global car audio market size is expected to reach USD 5.50 Billion in 2022 to USD 7.90 Billion by 2030, at a CAGR of 5.30% during the forecast period. The major factors driving the growth of the market are increasing consumer demand for in-car entertainment systems, growing demand for premium sound quality, and the increasing popularity of connected car technologies. The aftermarket segment is expected to dominate the market, driven by easy customization options and lower prices compared to OEM systems. North America is expected to lead the market due to the presence of major market players, high disposable income, and increasing demand for luxury vehicles.