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Automotive Speaker Market worth $12.92 billion in 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Nov. 19, 2024 /PRNewswire/ — The global automotive speaker market is expected to reach USD 12.92 billion in 2029 from USD 9.49 billion in 2024, at a CAGR of 6.4% during the forecast period according to a new report by MarketsandMarkets™. Car speakers are meant to improve the car’s audio experience and deliver clearer bass, midrange, and treble sounds. They are designed specifically to withstand the harsh conditions of the automotive environment, including adverse vibrations, temperature variations, and humidity, while simultaneously delivering high-fidelity sound and good durability. Advanced materials increase clarity and minimize distortion in the sound, including polypropylene cones and neodymium magnets. Given the vigorous drive for high quality by consumers, manufacturers are expanding on innovation to bring powerful units in line with the constantly evolving preferences of modern vehicle owners.

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Browse in-depth TOC on “Automotive Speaker Market” 
324 – Tables
56 – Figures
112 – Pages

Automotive Speaker Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 9.49 billion

Estimated Value by 2029

$ 12.92 billion

Growth Rate

Poised to grow at a CAGR of 6.4%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Type, Vehicle, Installation, Technology and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

High competition and price sensitivity

Key Market Opportunities

Increasing demand for electric vehicles with quieter cabins

Key Market Drivers

Increasing strategic partnerships between automakers and premium audio brands

The coaxial speaker segment is expected to hold the largest market share during the forecast period.

The coaxial speakers hold the largest market share during the forecast period. Coaxial speakers are also called full-range speakers as they pack the woofer, tweeter, and crossover in a single unit, making it one of the most in-demand speakers while upgrading a car’s audio system. They are easy to install and come in the standard factory space fitting with good sound through all frequencies without special modifications. They also have different ranges of price and performance options to fit the budgeted requirements to upgrade the car’s audio system. Brands like Clarion, JBL, and Stillwater Designs top this list with popular models and thus meet the demand for good-quality sound in cars to propel market growth.

The door speakers segment is dominating the automotive speaker market.

Door speakers are the market leaders of automobile speakers because they can deliver quality sound to the passengers, enhancing the overall sound quality during audio playback within the car. The speakers are placed strategically for a well-balanced, high-quality sound for playing music, navigating, or even receiving calls. This demand for better sound makes car manufacturers fit more speakers per door with woofers and tweeters. Brands like Meridian Audio have used advanced tech to produce immersive sound. Thus, door speakers have become the most popular market for those who need quality audio within their vehicles.

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US in the North America region to dominate the automotive speaker market during the forecast period

The US dominates the automotive speaker industry in North America primarily because consumers demand quality in-car audio and entertainment systems. This market is also driven by the trend toward electric vehicles, considering most tend to be equipped with premium infotainment sets. Recent government investments in building infrastructure for EVs have helped further boost sales growth. Car manufacturers heavily depend on advanced audio systems, and the US is commanding a lead in the automotive speaker market.

Key players

The automotive speaker companies includes significant Tier I and II players like Panasonic Holdings Corporation (US), Bose Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Alps Alpine Co., Ltd. (Japan), Pioneer Corporation (Japan), Sony Group Corporation (Japan), Masimo Corporation (US), Clarion (US), Focal (France), Elettromedia S.p.A. (Italy), JVC KENWOOD Corporation (Japan), Stillwater Designs (US), Rockford Corp. (US)  are some of the key players in the automotive speaker market.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

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Hi-Fi System Market by System (Product, Device), Connectivity Technology (Wired, Wireless (Bluetooth, Wi-Fi, Airplay, Others)), Application (Residential, Automotive, Commercial, Others), and Geography – Global Forecast to 2025

Smart Speaker Market by IVA (Alexa, Google Assistant, Siri, DuerOS, Ali Genie), Component (Hardware (Speaker Driver, Connectivity IC, Processor, Audio IC, Memory, Power IC, Microphone) and Software), Application, and Region – Global Forecast to 2025

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Brightstar Lottery Receives Highest MSCI ESG Rating of AAA

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LONDON, April 30, 2026 /PRNewswire/ — Brightstar Lottery PLC (NYSE: BRSL) (“Brightstar”) announced that it received the highest MSCI ESG rating of AAA. This rating exemplifies Brightstar’s commitment to global sustainability leadership in managing ESG-related risks and opportunities. Brightstar received a perfect score for carbon emissions and high scores in the product safety and quality category.

“Receiving the MSCI AAA ESG rating in Brightstar’s first year as a pure-play lottery company highlights our commitment to making sustainability practices a priority throughout our business,” said Wendy Montgomery, Brightstar SVP, Branding, Communications and Sustainability. “This rating from MSCI serves as motivation to continue our work building a sustainable future where our people, our partners, and our planet can thrive.”

MSCI ESG Ratings measure a company’s resilience to long-term, industry-specific sustainability risks using a rules-based methodology. MSCI analysts research and rate companies on a ‘AAA’ (leader) to ‘CCC’ (laggard) scale based on their exposure to and management of these risks relative to peers.

MSCI Sustainability and Climate products and services are provided by MSCI Solutions LLC and certain related entities, and are designed to provide in-depth research, ratings and analysis of environmental, social and governance related business practices to companies worldwide. ESG ratings, data and analysis from MSCI Sustainability and Climate are also used in the construction of MSCI Indexes.

Brightstar received its MSCI ESG rating on March 23, 2026.

About Brightstar Lottery PLC
Brightstar Lottery PLC (NYSE: BRSL) is a global leader in lottery focused on innovation and forward-thinking strategies and solutions, building on our renowned expertise in delivering secure technology and producing reliable, comprehensive solutions for our customers. As a premier pure play global lottery company, our best-in-class lottery operations, retail and digital solutions, and award-winning lottery games enable our customers to achieve their goals, entertain players and distribute meaningful benefits to communities. Brightstar has a well-established local presence and is a trusted partner to governments and regulators around the world, creating value by adhering to the highest standards of service, integrity, and responsibility. Brightstar serves nearly 90 lottery customers and their players on six continents. It is the primary technology provider to 26 of the 46 lottery jurisdictions in the U.S. and eight of the world’s 10 largest lotteries. Brightstar has approximately 6,000 employees. For more information, please visit www.brightstarlottery.com or follow along on LinkedIn.

Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning Brightstar Lottery PLC and its consolidated subsidiaries and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, products and services, customer relationships, results of operations, or financial condition, or otherwise, including specific sustainability goals, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “would,” “should,” “shall,” “continue,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company’s control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) macroeconomic, regulatory and political uncertainty, including as a result of new or increased tariffs, trade wars, and other restrictions on trade between or among countries in which the Company operates, and related changes in discretionary consumer spending and behavior, fluctuations in foreign currency exchange rates, and the other factors and risks described in the Company’s most recent annual report on Form 20-F and other documents filed or furnished from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and on the investor relations section of the Company’s website at www.brightstarlottery.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that may affect the Company’s business. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to the Company, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.

Contact:
Mike DeAngelis, Corporate Communications, +1 (401) 392-1000, mike.deangelis@brightstarlottery.com
Matteo Selva, Italian media inquiries, +39 366 6803635
James Hurley, Investor Relations, +1 (401) 392-7190

© 2026 Brightstar Lottery PLC

The trademarks and/or service marks used herein are either trademarks or registered trademarks of Brightstar Lottery PLC, its affiliates or its licensors.

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CNFinance Files Annual Report on Form 20-F for Fiscal Year 2025

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GUANGZHOU, China, April 30, 2026 /PRNewswire/ — CNFinance Holdings Limited (NYSE: CNF) (“CNFinance” or the “Company”), a leading home equity loan service provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission (“SEC”) on April 30, 2026.

The annual report can be accessed on the Company’s investor relations website at http://ir.cashchina.cn as well as the SEC’s website at http://www.sec.gov

The Company will provide a hard copy of its annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s IR Department at ir@cashchina.cn

About CNFinance Holdings Limited

CNFinance Holdings Limited (NYSE: CNF) (“CNFinance” or the “Company”) is a leading home equity loan service provider in China. CNFinance, through its operating subsidiaries in China, conducts business by connecting demands and supplies through collaborating with sales partners and trust companies under the trust lending model, and sales partners, local channel partners and commercial banks under the commercial bank partnership model. Sales partners and local channel partners are responsible for recommending micro- and small-enterprise (“MSE”) owners with financing needs to the Company and the Company introduces eligible borrowers to licensed financial institutions with sufficient funding sources including trust companies and commercial banks who will then conduct their own risk assessments and make credit decisions. The Company’s primary target borrower segment is MSE owners who own real properties in Tier 1 and Tier 2 cities and other major cities in China. The Company’s risk mitigation mechanism is embedded in the design of its loan products, supported by an integrated online and offline process focusing on risks of both borrowers and collateral and further enhanced by effective post-loan management procedures.

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Abram’s Kaizen Program Announces 10-Year Milestone in Online Health Coaching

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LOS ANGELES, April 30, 2026 /PRNewswire/ — Abram’s Kaizen Program, an online health coaching program for women aged 35 and older, today announced that it has served more than 6,000 clients since its founding in 2014 and currently supports approximately 1,000 active members.

The program was founded by Abram Anderson, a nutritionist, published author and public speaker who developed the company’s methodology after investing, by his account, more than $200,000 in direct mentorship from practitioners in behaviour change, gut health and women’s hormonal health. Abram’s Kaizen Program focuses on women navigating perimenopause, menopause and postmenopause — a demographic the company says is often overlooked by mainstream weight management programs.

“A lot of women in this age group come to us after trying multiple approaches that didn’t produce the results they were looking for,” said Abram Anderson, Founder of Abram’s Kaizen Program. “Our program offers a different framework. Whether it’s the right fit depends on the individual, but the demand we’ve seen over the past decade tells us there’s a gap in the market.”

Abram’s Kaizen Program uses what the company calls a “Data-Driven Decision” methodology — an approach adapted from the Japanese manufacturing principle of kaizen, or continuous improvement. Rather than prescribing standardised meal plans, clients are guided to track how their bodies respond to specific foods. Monitoring energy levels, digestive patterns and weight fluctuations and use that information to make individualised dietary adjustments.

The program places emphasis on gut microbiome health and hormonal balance, which the company considers relevant factors in weight management for its target demographic. Research published in Frontiers in Nutrition has explored the relationship between gut microbiota composition and metabolic health, including the role of low-grade inflammation.

Program members receive access to a custom mobile application, a support chat with responses guaranteed within 24 hours, optional access to over 20 live coaching calls per week with nutritionists, a year-long curriculum, and an AI coaching assistant. “The goal is for clients to build habits they can sustain on their own,” said Abram Anderson. “We want people to eventually graduate from the program, not stay in it indefinitely.”

About Abram’s Kaizen Program

Abram’s Kaizen Program is an online health coaching program for women aged 35 and older. Founded in 2014 by nutritionist and published author Abram Anderson, the program uses a personalised, data-informed approach with a focus on gut health and hormonal balance. The program has served more than 6,000 clients and currently supports approximately 1,000 active members. For more information, visit abramskmtp.com

Media Details:

Company Name: Abram’s Kaizen Program
Founder: Abram Anderson
Email Contact: media@abramskmtp.com
Company Website: https://www.abramskmtp.com/
Location: Los Angeles, United States

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