Coaxial speakers have the tweeter in the center of the speaker cone, while component speakers have a bridge that holds the tweeter, separating the tweeter from the mid-range cone. HTH. (The Hawg Wired website has a pretty good explanation of this.)
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'13 FLTRX, BBP, Vivid Black painted inner fairing, 9" Windsplitter, 14" W1 Chubbys, Get-A-Grips, Daymakers, ABS, Cruise, Security, 4 Speaker HW/Jensen HD1BT System, Fuel Moto Jackpot Header/Nightstick Exhaust, Powervision, Fueling 543 cams (95HP/104TQ). Yay, me!!