Coaxial speakers and component speakers are both types of car speakers, but they differ in design and the way they reproduce sound.

Coaxial speakers are designed with a single speaker cone that handles the reproduction of both high and low frequencies. They are a more budget-friendly option and are easier to install compared to component speakers. However, coaxial speakers do not offer the same level of sound quality as component speakers because the single cone is not able to reproduce high and low frequencies as accurately as separate drivers dedicated to each frequency range.

Component speakers, on the other hand, are made up of separate drivers for high, mid, and low frequencies. The high-frequency driver, or tweeter, is responsible for reproducing the high-frequency sound waves, while the mid-range driver handles the mid-range frequencies and the low-frequency driver, or woofer, handles the low-frequency sound waves. Component speakers offer better sound quality because the separate drivers are able to reproduce their respective frequency ranges more accurately, resulting in a more detailed and nuanced sound. However, they are more expensive and require more work to install as they need to be placed in separate locations in the car.