Global Automotive Infotainment Market, By Installation Type (In-dash Infotainment,Rear-seat Infotainment), By Vehicle Type (Passenger Car, Commercial Vehicle), By Application (OEM, After market) and opportunities and forecast 2020-2027
Automotive Infotainment Market Overview
With increasing use of electronic devices, IVI (in-vehicle infotainment) is witnessing rapid enlargement, that along with consumer inclination for increased comfort, safety, and convenience in cars, having options like smartphone property, live audio streaming, on-demand music, and different entertainment services, is impelling the market growth.
Moreover, technological advancements in these systems, like increased visual user interfaces, speech recognition, and intuitive touchscreens, area unit possible to enhance the market development over the estimated timeline.
Market size available for years
Base year considered
Value (USD Million)
Installation Type,Vehicle Type, Application, Industry Vertical, and Region
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
The covid-19 Impact on Automotive Infotainment Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Automotive Infotainment Market Segment Overview
By Installation Type , Rear -seat infotainment ,There is a rise within the disposable income of individuals as well as the rise within the purchasing power of individuals. this can be encouraging people to shop for vehicles and folks are preferring to put in advanced options in their vehicles to upgrade them and make them technologically advanced causing the demand for these systems to rise, so boosting the expansion of the rear seat motion picture market.
By Vehicle Type ,The passenger cars segment accounted for the biggest share of around 80th of the general market in 2020. The increasing demand for connected automobile features in traveller vehicles and also the onset of autonomous vehicles is anticipated to drive the section growth.
By Application, The OEM fitted section accounted for the largest revenue share of around seventieth of the general market in 2020. OE fitted products square measure high-ticket and present less scope of customization as they're standardized.
Market Analysis, Insights and Forecast – By Installation Type · In-dash Infotainment · Rear-seat Infotainment
Market Analysis, Insights and Forecast – By Vehicle Type · Passenger Car · Commercial Vehicle
Market Analysis, Insights and Forecast – By Application · OEM · After market
Automotive Infotainment Market Regional Overview
Region-wise, in terms of regions,Asia pacific region accounted major market share, This growth will be attributed to the growing sales and production of passenger cars within the region. Europe accounted for a considerable share of the marketplace for automotive pic. The region may be a producing hub with prominent premium vehicle manufacturers and automotive OEMs. Automotive producing activities within the region are driven by high investments by OEMs like Volkswagen, Daimler, BMW, panther Land Rover, Honda, and Nissan. Most premium car makers within the region install voice recognition systems, driver distraction mitigation systems, and HD in-dash display monitors, which is projected to drive the market growth in Europe.
Automotive Infotainment Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Some key developments and strategies adopted by manufacturers in the Automotive Infotainment are highlighted below.
· In January 2020, Land Rover announced that its Defender family would showcase its 21st-century dual-eSIM connectivity at CES 2020 in Las Vegas, the world’s largest consumer electronics show. New Defender is that the initial vehicle with 2 embedded LTE modems for enhanced property, whereas cat Land Rover’s new Pivi professional touchscreen documentary film has an industry-leading the latest and shares electronic hardware with the most recent smartphone.
Q1. What is the total CAGR expected to be recorded for the Automotive Infotainment market during the forecast period?
A. Automotive Infotainment market is expected to record a CAGR of ~ 8.9 % during the forecast period.
Q2. Which segment is projected to hold the largest share in the Automotive Infotainment Market?
A. Passenger Car segment is projected to hold the largest share in the Automotive Infotainment Market.
Q3. What are the driving factors for the Automotive Infotainment market?
A. the growing demand for safety, improved comfort, and convenience in vehicles, which has facilities like smartphone integration, on-demand music, live audio streaming, and numerous alternative entertainment services; are key factors that boost the growth of the Automotive Infotainment market progressively.
Q4. Which Segments are covered in the Automotive Infotainment market report?
A. Installatioan Type,Vehicle Type, Application, and Region, these segments are covered in the Automotive Infotainment market report.
Q5. Which are the prominent players offering Automotive Infotainment?