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.
Browse full research report on Automotive Infotainment
Systems Market: https://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
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/automotive-infotainment-systems-market/request/rs1
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
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- China
- India
- Japan
- South
America
- Brazil
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 info visit @ https://www.grandviewresearch.com
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