The global automotive infotainment market is expected to reach USD 37.62 billion by 2025,
according to a new study by Grand View Research, Inc. The increasing adoption
of smartphones is anticipated to have a significant impact on the in-car
infotainment market, as they are the most prominently used connectivity
gateways of an infotainment system.
The demand for enhanced driving experience
is also predicted to drive the market over the forecast period. The increased
focus on driver comfort and convenience has led to the development of various
automotive infotainment systems, which offer innovative features such as voice
control, Bluetooth connectivity, real-time traffic updates, and navigation
information. These features provide comprehensive vehicle information to the
driver and thereby, enhance safety and driving experience. However, these
systems involve high costs of integration and are primarily integrated in
premium and luxury vehicles. Inadequate infotainment security and privacy are
predicted to hinder the growth of the automotive infotainment market.
The use of infotainment systems in
commercial vehicles is mainly driven by the widespread adoption of navigation
units. The implementation of navigation and communication units in a commercial
vehicle has increased operational efficiency and enabled a reduction in
response time during emergency situations. As commercial vehicles have high
travel time, compared to passenger cars, improving safety and driver experience
is very essential.
Full Research
Report On automotive infotainment market Analysis:
http://www.grandviewresearch.com/industry-analysis/automotive-infotainment-systems-market
http://www.grandviewresearch.com/industry-analysis/automotive-infotainment-systems-market
Further key findings from the study suggest:
·
The communication unit
dominated the product segment and was valued at USD 3.9 billion in 2016
·
The head-up display segment is
expected to be the fastest-growing segment with an anticipated CAGR of 13.5%
over the forecast period
·
The key success factor for
various participants to gain traction in the market is building cost-effective
and driver-centric automotive infotainment systems
·
Automotive infotainment
aftermarket products are cost-effective, as compared to OE fitted, and are much
preferred by price sensitive consumers
·
The passenger car segment is
expected to grow at the highest CAGR of 11.4% over the forecast period, owing
to the growing trend of low-cost passenger cars
·
The Asia Pacific region is
predicted to witness a CAGR of 11.3% during the forecast period, owing to the
presence of prominent OEMs such as Hyundai Motor Company and Toyota Motor
Corporation
·
The key industry participants
of the market include Continental AG, Harman International, Panasonic
Corporation, Alpine Electronics, Inc., Denso Corporation, Pioneer Corporation,
Visteon Corporation, Clarion Co., Ltd., Delphi Automotive PLC, and JVC KENWOOD
Corporation
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the
automotive infotainment market based on product types, fit types, applications,
and regions:
Automotive Infotainment Product Type Outlook (Revenue,
USD Million; 2014 - 2025)
·
Audio Unit
·
Display Unit
·
Head-up display
·
Navigation Unit
·
Communication Unit
Automotive Infotainment Fit Type Outlook (Revenue, USD
Million; 2014 - 2025)
·
OE fitted
·
Aftermarket
Automotive Infotainment Application Outlook (Revenue, USD
Million; 2014 - 2025)
·
Passenger Cars
·
Commercial Vehicles
Automotive Infotainment Regional Outlook (Revenue, USD
Million; 2014 - 2025)
·
North America
o U.S.
o Canada
·
Europe
o UK
o Germany
·
Asia Pacific
o China
o India
o Japan
·
South America
o Brazil
Access Full
Press Release of this Report: https://www.grandviewresearch.com/press-release/global-automotive-infotainment-systems-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more
information: https://www.grandviewresearch.com/
