In-vehicle Infotainment Market size was valued at USD 2.9 Bn. in 2021 and the total revenue is expected to grow at 10.9% of CAGR through 2022 to 2029, reaching USD 6.64 Bn.
In-vehicle Infotainment Market Overview
The In-vehicle Infotainment Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021 to 2029. The report provides In-vehicle Infotainment Market drivers and restraints.
In-car infotainment systems display information and entertainment through touchscreen displays, button panels, and audio/video interfaces. When combined with smartphone integration services, they allow drivers to access emails, texts, and phone calls hands-free. Drivers can also link their devices to access their favourite music playlists and other digital libraries. Some vehicles' in-car entertainment systems may even have monitors for use by middle- or backseat passengers.
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During the forecast, the In-vehicle Infotainment Market is developing at a stable rate between 2022 and 2029. Due to the efforts of industry participants, the market is forecast to grow significantly between 2022 and 2029. The report provides current In-vehicle Infotainment Market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this In-vehicle Infotainment Market research report.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
In-vehicle Infotainment Market Segmentation
The In-Vehicle Infotainment Market is divided into Audio, Display, Heads-Up Displays, Navigation, and Communication Units based on Product Type. In 2021, display units accounted for the largest market share. The display unit/entertainment unit uses TFT (Thin Film Transistors) or LCD (Liquid Crystal Display) and provides the user with a variety of information (navigation, weather forecast, internet, etc.) and entertainment (video and audio). The size of the display/infotainment unit is typically between 2 and 20 inches.
In 2021, passenger vehicles held the largest market share by vehicle type and segment. North America and the developing Asia Pacific economies are both seeing a sharp increase in the number of passenger cars. The rise in utility vehicle demand in densely populated countries like China, India, and Japan explains this.
The In-Vehicle Infotainment Market is divided into 3G, 4G, and 5G segments based on connectivity type. The market is anticipated to be dominated by 5G during the forecasted period. Vehicles will be able to carry out entirely new functions and more thanks to the brand-new mobile network standard 5G. It will be possible to have future mobility, automated driving, and better multimedia and entertainment systems for cars.
• Harman International Industries Inc.(US)
• Visteon Corporation(US)
• Garmin Ltd.(US)
• Aptiv PLC(US)
• Continental AG (Germany)
• Robert Bosch GmbH (Germany)
• Clarion Co., Ltd.(Japan)
• Alpine Electronics Inc.(Japan)
• Pioneer Corporation(Japan)
• Panasonic Corporation(Japan)
• Mitsubishi Electric Corporation(Japan)
• Kenwood Corporation(Japan)
• FUJITSU TEN Limited(Japan)
• Denso Corporation (Japan)
• Delphi Automotive LLP(Ireland)
• MMI Navigation(UK)
• Samsung Electronics (South Korea)
• Magnetic Marelli SpA (Italy)
The global In-vehicle Infotainment Market research report contains a detailed regional key player analysis of the In-vehicle Infotainment Market industry, with an emphasis on business growth opportunities and market hurdles in each of the globe’s major regions.
The regional analysis provided in our report helps you understand the In-vehicle Infotainment Market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the In-vehicle Infotainment Market . Local and regional development plans are often affected by the performance of In-vehicle Infotainment Market . The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the In-vehicle Infotainment Market Report are:
- What is In-vehicle Infotainment Market ?
- What is the forecast period of the In-vehicle Infotainment Market ?
- What is the competitive scenario of the In-vehicle Infotainment Market ?
- Which region held the largest market share in the In-vehicle Infotainment Market ?
- What are the opportunities for the In-vehicle Infotainment Market ?
- What factors are affecting the In-vehicle Infotainment Market growth?
- Who are the key players of the In-vehicle Infotainment Market ?
- Which company held the largest share in the In-vehicle Infotainment Market ?
- What will be the CAGR of the In-vehicle Infotainment Market during the forecast period?
- What key trends are likely to emerge in the In-vehicle Infotainment Market in the coming years?
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- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by In-vehicle Infotainment Market
- Landscape- Leading key players and other prominent key players.
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