Vehicle Radio Market

Vehicle radio market: get the latest facts and figures featured by an Ai-driven market research tool. Facts and figures include imports, exports, production, consumption, market prices, market size, trade, and companies. Here is a split by country, including Latin America, the U.S., the Middle East, China, Africa, Russia, EU, and the U.K. Market dynamics and outlook to 2030 are also provided in the snapshots.


Need Vehicle Radio Market data? GET FREE ACCESS

Vehicle Radio - World's Largest Markets

RatingCountry
1Canada
2Thailand
3Mexico
4South Korea
5United States

In value terms, the largest vehicle radio markets worldwide were Canada, Thailand and Mexico, with a combined 42% share of the global market. These countries were followed by South Korea, the United States, Japan, Germany, Hong Kong SAR, Poland, Brazil, India, China and Hungary, which together accounted for a further 38%.

Poland (+2,675.8% per year) saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while vehicle radio market for the other global leaders experienced more modest paces of growth.

Vehicle Radio Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China422922-28.0%
Japan1798945-49.8%
Thailand109115104-2.2%
Mexico9310516332.5%
Hungary14216317912.3%
United States200179180-5.1%
Malaysia1931982042.7%
Average114115111-1.2%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Malaysia ($204 per unit), while China ($22 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Romania1651601660.2%
France1101171277.4%
Brazil17471110-20.4%
Canada196169106-26.5%
Thailand1011081062.6%
Japan10111799-1.1%
Germany1059698-3.3%
United States8589934.5%
Spain1008791-4.9%
Poland40657032.2%
India586340-17.0%
Mexico13011526-55.6%
Hungary331920-21.9%
Average10411994-4.9%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Romania ($166 per unit), while Hungary ($20 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Vehicle Radio - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.20.20.2-0.5%
Canada0.20.20.22.7%
Japan0.10.10.08-19.1%
France0.030.040.0635.5%
Romania0.060.060.05-4.9%

In value terms, the United States ($227M), Canada ($163M) and Japan ($77M) constituted the countries with the highest levels of imports in 2020, with a combined 43% share of global imports. France, Romania, Germany, Brazil, Poland, Thailand, Spain, India, Hungary and Mexico lagged somewhat behind, together comprising a further 32%.

Hungary (+349.7% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Vehicle Radio - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Thailand0.10.10.235.5%
United States0.20.20.21.8%
Mexico0.10.20.214.0%
Malaysia0.10.10.13.6%
Hungary0.020.090.0995.1%

In value terms, the largest vehicle radio supplying countries worldwide were Thailand ($197M), the United States ($185M) and Mexico ($157M), with a combined 57% share of global exports. Malaysia, Hungary, China and Japan lagged somewhat behind, together accounting for a further 28%.

In terms of the main exporting countries, Hungary (+95.1% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Vehicle Radio - Market Forecast

Depressed by shrinking demand for vehicle radio worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Vehicle Radio - Top Companies

Guangzhou Yulian Electric Science&Technology Co.,Ltd., SHARP CORPORATION, SAMSUNG INDIA ELECTRONICS PRIVATE LIMITED, SONY GLOBAL MANUFACTURING & OPERATIONS CORPORATION, Harman International Industries Incorporated, SONY EUROPE LIMITED, Sony Electronics Inc., SAMSUNG ELECTRONICS (UK) LIMITED, Toshiba America Inc, PIONEER CORPORATION, Toshiba America Electronic Components Inc, JVC KENWOOD CORPORATION, Bose Corporation, DENSO TEN LIMITED, Flextronics International Termelö és Szolgáltató Vámszabadterületi Korlátolt Felelösségü Társaság, FOSTER ELECTRIC COMPANY, LIMITED, CLARION CO., LTD., LG Electronics do Brasil Ltda., MEDION AG, Shenzhen Mtc Co.,Ltd.

Vehicle Radio - Product Coverage

  • HS 852729 - Radio-broadcast receivers; (not operational without external power source), without sound recording or reproducing apparatus, including apparatus capable of receiving radio-telephony or radio-telegraphy
Store
Blog
Event
World - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global vehicle radio market.

Eastern Asia - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vehicle radio market in Eastern Asia.

Africa - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vehicle radio market in Africa.

South-Eastern Asia - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vehicle radio market in South-Eastern Asia.

Latin America and the Caribbean - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vehicle radio market in Latin America and the Caribbean.

Central Asia - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vehicle radio market in Central Asia.

Northern America - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vehicle radio market in Northern America.

Southern Asia - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vehicle radio market in Southern Asia.

Middle East - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vehicle radio market in the Middle East.

Australia and Oceania - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vehicle radio market in Australia and Oceania.

Category
Geography
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data