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 Global Automotive Infotainment
Systems 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: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research
has segmented the Global 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
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- China
- India
- Japan
- South
America
- Brazil
View Press Release Of this research report by Grand View Research:
http://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: www.grandviewresearch.com
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: www.grandviewresearch.com