Rising demand for infotainment systems in mass production of vehicles and combination of infotainment with other systems. Increased consumer spending on luxurious items, rising awareness of safety and security in automobile functioning, and an increasing penetration of smartphones and their active role in the day-to-day life of individual. Numerous Car manufacturers are now looking to capitalise on infotainment systems to improve the performance of the connected vehicles of the future. Many OEM are adopting latest technologies to power their instrument clusters, infotainment systems and driver assistance systems that are available across numerous car brands including Audi, BMW, Ford, KIA, Porsche, and Volkswagen.
Automotive Infotainment Market Share was valued US$ 7.59 Bn in 2021 and is expected to reach US$ 12.45 Bn by 2027, at a CAGR of 8.6% during a forecast period.
Automotive Infotainment Market Overview:
The Automotive Infotainment market research provides a full competition picture, including the market share and company profiles of the major players in the worldwide industry. The scope of the research covers a complete examination of the Automotive Infotainment Market, as well as the causes for variances in the industry’s growth in different areas.
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Automotive Infotainment Market Scope:
To locate and collect material appropriate for this study, this research study makes considerable use of secondary sources, directories, and databases such as annual reports, press releases, journals, corporate websites, and databases.
This Automotive Infotainment market report covers new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographies, and product approvals, product launches. To learn more about Maximize Market Research Automotive Infotainment market, please contact us for an Analyst Brief; our experts will assist you in making an informed market choice to achieve your goals.
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Automotive Infotainment Market Segmentation:
Based on operating system, the vehicle infotainment industry is divided globally. Microsoft, Linux, and QNX. The QNX is the industry leader because the QNX CAR Platform reduces time-to-market from years to months, saving development resources. Passenger cars, light commercial vehicles, and heavy commercial vehicles make up the market segments. Over the projection period, the Passenger Cars vehicle type category is anticipated to post a CAGR of. The cost of passenger car infotainment is higher.
Automotive Infotainment Market Key Players:
• Alpine Electronics, Inc. (Japan),
• Continental AG (Germany),
• Harman International (US),
• Panasonic Corporation (Japan),
• Pioneer Electronics (US),
• DENSO CORPORATION (Japan),
• Garmin Ltd (Switzerland),
• KENWOOD Corporation (Japan),
• Delphi Automotive PLC (UK)
• ALLGo Embedded Systems Pvt Ltd (India)
• Clarion
• TomTom International BV
• Mitsubishi Electric Corporation
• Robert Bosch GmbH
• Visteon Corporation
• JVCKENWOOD Corporation
• AISIN SEIKI Co., Ltd.
• Blaupunkt
• Bose Corporation
• Magneti Marelli S.p.A.
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The entire approach involves a review of the financial reports of the major market participants. Following the determination of the overall market size, the complete market was divided into many segments and sub-segments and checked with key industry professionals such as CEOs, VPs, directors, and marketing executives. The major players in the Automotive Infotainment market are
Regional Analysis: The region portion of the Automotive Infotainment market study also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Current and future trends are discussed in order to estimate the entire market potential and to highlight profitable trends in order to obtain a firmer footing. The geographic market assessment is based on the existing scenario and predicted developments.
COVID-19 Impact Analysis on Automotive Infotainment Market:
Following the outbreak of the pandemic, end-user sectors where Automotive Infotainment are used had a fall in growth from January to May in a variety of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a suspension in operations. This resulted in a major decrease in the revenues of firms operating in these industries and, as a consequence, in demand for Automotive Infotainment manufacturers, influencing the growth of the Automotive Infotainment market in 2020. With lockdowns and a rising number of COVID-19 cases throughout the world, the demand for Automotive Infotainment from end-user businesses has decreased significantly.
Key Questions Answered in the Automotive Infotainment Market Report are:
Which are the major companies in the Automotive Infotainment market?
Which is the potential market for Automotive Infotainment in terms of the region?
What are the opportunities for new market entrants?
What is expected to drive the growth of the market in the next seven years?
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