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Opportunities For The Global Marine Audio Market To Reach $2,195.4 Million By 2023

Opportunities For The Global Marine Audio Market To Reach $2,195.4 Million By 2023

Submitted by • November 30, 2018 www.lucintel.com

According to a new market report published by Lucintel, the future of the global marine audio market looks good with opportunities in the inboard, outboard, and sterndrive market. 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. The major drivers for this market are the growth in recreational boats production and increasing customer demand for better quality sound systems.

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