DUBLIN--(BUSINESS WIRE)--The "Automotive Infotainment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global automotive infotainment market reached a value of US$ 16.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 27.2 Billion by 2027, exhibiting a CAGR of 8.4% during 2022-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Automotive infotainment is an in-vehicle device that provides entertainment and information to the driver and the passengers. The system includes integration of audio/video (A/V) interfaces, touchscreens, keypads, etc., for offering navigational services, hand-free phone connections, vehicle voice control, parking assistance, climate control, two-way communications tools, access to the internet and other security services.
These features help in increasing operational efficiency of the vehicles along with improving safety and driver experience. Owing to this, automotive infotainment systems are widely installed in passenger as well as commercial vehicles.
The global automotive infotainment market is primarily driven by the increasing vehicle sales and production and growing demand of smart infotainment in base models.
Furthermore, rising consumer living standards supported by their growing disposable income levels have led to the increasing demand for luxury and premium cars across both emerging and developed economies. Owing to this, several automotive companies are expanding their production and distribution networks to meet the growing demand.
Moreover, the rising inclination towards vehicle customization for high-end comfort and convenience is further driving the automotive infotainment market. Additionally, rising focus on driver comfort and safety, particularly in commercial vehicles with high travel time, has led to the rapid installation of automotive infotainment systems in these vehicles.
Furthermore, the implementation of navigation and vehicle control units in commercial vehicles helps in reducing the response time during emergencies, thereby eliminating the risk of accidents. Besides this, several automobile manufacturers are also offering low-cost infotainment systems, thereby increasing the product affordability.
Additionally, the rising adoption of smartphones along with high internet connectivity has a significant impact on market growth on a global level. furthermore, various technological advancements in the sector have led to the introduction of infotainment devices with innovative features, such as in-car Wi-Fi, driver assistance, voice recognition, etc.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global automotive infotainment market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on product type, vehicle type, operating system, installation type, sales channel, technology and connectivity.
Breakup by Product Type:
- Navigation Unit
- Display Audio
- Audio
- Others
Breakup by Vehicle Type:
- Passenger Cars
- Commercial Vehicles
Breakup by Operating System:
- QNX
- LINUX
- Microsoft
- Others
Breakup by Installation Type:
- In-Dash Infotainment
- Rear Seat Infotainment
Breakup by Sales Channel:
- OEM
- Aftermarket
Breakup by Technology:
- Integrated
- Embedded
- Tethered
Breakup by Connectivity:
- Bluetooth
- Wi-Fi
- 3G
- 4G
- 5G
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- Iran
- United Arab Emirates
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being:
- Aisin Seiki Co. Ltd.
- Continental AG
- Clarion Co. Ltd.
- Denso Corporation
- Garmin Ltd.
- Harman International Industries, Inc. (Samsung Electronics)
- Magneti Marelli S.p.A.
- Panasonic Corporation
- Pioneer Corporation
- Robert Bosch GmbH
- Aptiv
Key Questions Answered in this Report:
- How has the global automotive infotainment market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the automotive infotainment market?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the operating system?
- What is the breakup of the market based on the installation type?
- What is the breakup of the market based on the sales channel?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the connectivity?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the global automotive infotainment market and who are the key players?
- What is the degree of competition in the market?
For more information about this report visit https://www.researchandmarkets.com/r/e45lyy
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