Pune, India, Aug. 03, 2022 (GLOBE NEWSWIRE) -- The global automotive infotainment market size stood at USD 11.94 billion in 2018 and is projected to reach USD 20.05 billion by 2026. The market is expected to register a growth at a CAGR of 6.8% during the forecast period 2021-2026 at Fortune Business Insights™ has delved into these insights in its latest research report, titled, “Automotive Infotainment, 2021-2026.” According to the analysis, rising shift towards enhanced in-vehicle experience will augment the healthy growth of the automotive infotainment market revenue during the forecast period.
The efforts of automotive manufacturers for adding new features and infotainment solutions to provide ease and comfort in driving will boost the automotive infotainment market growth in the forthcoming years. In addition, the rising integration of V2X connectivity solutions, ADAS systems, telematics devices, sensors, and others in automotive will have a positive impact on the automotive infotainment market share in the foreseeable future.
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Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2019-2026 |
| Forecast Period 2018 to 2026 CAGR | 6.8% |
| 2026 Value Projection | USD 20.05 billion |
| Base Year | 2018 |
| Market Size in 2018 | USD 11.94 billion |
| Historical Data for | 2015-2017 |
| No. of Pages | 200 |
| Segments covered | By System Type (Dashboard, Rear Seat), By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle, Electric Vehicle), By Market Type (OEMs, Aftermarket) |
| Growth Drivers | Innovation in Navigation Systems to Promote Market Growth |
| High Adoption of Electric Vehicles to Stimulate Growth in Asia Pacific |
Market Drivers-
Innovation in Navigation Systems to Promote Market Growth
The increasing production of technologically advanced infotainment systems in automobiles owing to the necessity for safe and smart vehicles will enable speedy growth of the market in the forthcoming years. The rising emphasis on improved in-vehicle experience will spur opportunities for the market. For instance, the innovative and advanced infotainment systems are equipped with pre-trip planning, parking recommendations, predictive navigations, cloud-enabling syncing, and other important features.
The rising popularity of smartphone connectivity in cars will fuel demand for advanced infotainment systems. For instance, smartphones can be paired with the infotainment system using WiFi hotspot or Bluetooth connectivity, allowing the user to access features such as outgoing, incoming, and conference calls on the system. Moreover, the growing improvement and advancement in navigation systems such as voice command, touch screen GPS navigator, maps and directions clarity, driver alert, and user-friendly features will contribute positively to the automotive infotainment market trends.
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Regional Segmentation-
High Adoption of Electric Vehicles to Stimulate Growth in Asia Pacific
The market in Asia Pacific stood at USD 6.36 billion and is expected to witness high growth rate during the forecast period owing to the high automotive sales in the region. The growth in region is also attributed to the rising adoption of electric vehicles in China and Japan. The growing government implications and initiatives for electric vehicles will aid the market in the region. The rapid technological advancements in manufacturing facilities in emerging regions such as China, India will have a positive influence on the market.
Europe is predicted to hold the second-largest share in the market owing to the presence of major car brands. The rising shift from conventional cars to hybrid cars will bolster the healthy growth of the market during the forecast period.
The market in North America is predicted to observe healthy growth during the forecast period owing to the presence of major automotive manufacturers in the region.
The report is fixed at delivering a comprehensive description of the automotive infotainment market dynamics and structure by identifying and providing information regarding the key market segments. It also focuses on an all-encompassing analysis of leading market players by financial position, product, product portfolio, price, growth strategies, and regional presence. It offers PORTER’s analysis and SWOT analysis to record the question of shareholders and highlights the investment potential in the upcoming future. It also showcases what procedures and strategies; companies are currently implementing in the automotive infotainment market. It further examines the ways and components convincing expansion, growth patterns, restricting factors, and market strategies.
List of Players Operating in the Automotive Infotainment Market are as follows:
- MMI navigation
- Harman International Industries Inc.
- Visteon Corporation
- Denso Corporation
- Robert Bosch
- Aptiv PLC
- Alpine Electronics
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Automotive Infotainment Market Segmentation:
By System Type:
- Dashboard
- Rear Seat
By Vehicle Type:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Electric Vehicle
By Market Type:
- OEMs
- Aftermarket
Table of Content:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Merger, Acquisitions, and Partnerships
4.2 Distributor Analysis – For Major Players
4.3 Growth and Penetration Analysis
4.4 Porter’s Five Forces Analysis
4.5 PEST Analysis
4.6 Vendor Landscape
5. Global Infotainment System Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By System Type
5.3.1 Dashboard
5.3.2 Rear Seat
5.3 Market Analysis, Insights and Forecast – By Market Type
5.3.1 OEM
5.3.2 Aftermarket
5.4. Market Analysis, Insights and Forecast – By Vehicle Type
5.4.1 PC
5.4.2 LCV
5.4.3 HCV
5.4.4 EV
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1 North America
5.5.2 Europe
5.5.3 Asia pacific
5.5.4 Rest of the World
6. North America Infotainment System Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Market Analysis – By System Type
6.2.1 Dashboard
6.2.2 Rear Seat
6.3. Market Analysis – By Market Type
6.3.1 OEM
6.3.2 Aftermarket
6.4. Market Analysis – By Vehicle Type
6.4.1 PC
6.4.2 LCV
6.4.3 HCV
6.4.3 EV
6.5. Market Analysis – By Country
6.5.1 U.S.
6.5.2 Canada
6.5.3 Mexico
7. Europe Infotainment System Market Analysis, Insights and Forecast, 2015-2026
7.1. Key Findings / Summary
7.2. Market Analysis – By System Type
7.2.1 Dashboard
7.2.2 Rear Seat
7.3. Market Analysis – By Market Type
7.3.1 OEM
7.3.2 Aftermarket
7.4. Market Analysis – By Vehicle Type
7.4.1 PC
7.4.2 LCV
7.4.3 HCV
7.4.4 EV
7.5. Market Analysis – By Country
7.5.1 U.K.
7.5.2 Germany
7.5.3 France
7.5.4 Rest of Europe
8. Asia Pacific Infotainment System Market Analysis, Insights and Forecast, 2015-2026
8.1. Key Findings / Summary
8.2. Market Analysis – By System Type
8.2.1 Dashboard
8.2.2 Rear Seat
8.3. Market Analysis – By Market Type
8.3.1 OEM
8.3.2 Aftermarket
8.4. Market Analysis – By Vehicle Type
8.4.1 PC
8.4.2 LCV
8.4.3 HCV
8.4.4 EV
8.5. Market Analysis – By Country
8.5.1 Japan
8.5.2 China
8.5.3 India
8.5.4 South Korea
8.5.5 Rest of Asia Pacific
9. Rest of the World Infotainment System Market Analysis, Insights and Forecast, 2015-2026
9.1. Key Findings / Summary
9.2. Market Analysis – By System Type
9.2.1 Dashboard
9.2.2 Rear Seat
9.3. Market Analysis – By Market Type
9.3.1 OEM
9.3.2 Aftermarket
9.3. Market Analysis – By Vehicle Type
9.3.1 PC
9.3.2 LCV
9.3.1 HCV
9.3.2 EV
10. Competitive Analysis
10.1. Key Industry Developments
10.2. Global Market Share Analysis (2018)
10.3. Competition Dashboard
10.4. Comparative Analysis – Major Players
10.5. Company Profiles (Overview, Products & OEMs, SWOT analysis, Recent developments, strategies, financials (based on availability))
10.5.1 Harman International Industries Inc
10.5.2 MMI navigation
10.5.3 Visteon Corporation
10.5.4 Denso Corporation
10.5.5 Aptiv PLC
10.5.6 Robert Bosch GmbH
10.5.7 Panasonic Corporation
10.5.8 Mitsubishi Electric Corporation
10.5.9 Samsung Electronics
10.5.10 Alpine Electronics
Continued…
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