1. Global Marine Audio Market Report 2018-2023: Trends, Forecast and Competitive Analysis 1

2. Industry Profiles Snapshot Major ParameterDescription Market Segments by Product Type Speaker, subwoofer, stereo receiver, and amplifier Market Segments by Boat Type Inboard, outboard, sterndrive, and others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Toray Industries Inc., Mitsubishi Rayon Corporation, Teijin Limited, Hexcel Corporation, SGL Group, and Cytec Solvay Group. Trend Growth Rate and CAGR2.5% Key Industry Forecast The global marine audio market is expected to reach an estimated $2,195.4 million by 2023 and it is forecast to grow at a CAGR of 2.5% from 2018 to 2023 Key Industry Driver Driver: Growth in recreational boats production and increasing customer demand for better quality sound systems. 2

3. Industry Overview Market Size The global marine audio market is expected to reach an estimated $2,195.4 million by 2023 and it is forecast to grow at a CAGR of 2.5% from 2018 to 2023. Emerging trends, which have a direct impact on the dynamics of the marine audio market, include development of multi-zone marine stereo receivers and the introduction of Wi-Fi stereos. Market Size (2023)$2,195.4 million CAGR (2018-23)2.5% 3 Industry Performance : Forecast