The In-Vehicle Infotainment System Market is expected to grow at a CAGR of ~10.7% between 2021-2027.
A comprehensive overview of the In-Vehicle Infotainment System Market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the In-Vehicle Infotainment System Market. The report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the In-Vehicle Infotainment System Market at the regional levels. The In-Vehicle Infotainment System Market is expected to grow at a CAGR of ~10.7% between 2021-2027.
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Market Overview
With growing demand for luxurious, safe, and smart vehicles, automotive manufacturers are increasingly developing vehicles with integrated infotainment systems. These systems offer combination of entertainment and information for an enhanced in-vehicle experience. In 2018, European government have mandated E-Call service in vehicle. Countries such as China, Russia and Brazil are expected to mandate the fitment of embedded telematics in the future.
COVID-19 Impact
Sales of all major German car brands decreased worldwide as global car markets struggled with the response to Covid-19 in 2020. Global car sales witnessed a decline of 15% in 2020. Volkswagen remained the largest German carmaker but due to its wide portfolio generally suffered the same decline in sales as the broader markets. Both BMW and Mercedes-Benz witnessed ninth consecutive record year sales in 2019, however, had sales just over 7% lower worldwide in 2020.
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In-Vehicle Infotainment System Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Components, the market is primarily bifurcated into:
· Display Unit
· Control Panel
· Telematics Control Unit
· Head-Up Display
Based on Components, Display Unit segment dominated the market in 2020. Automotive heads-up display is an integral part of high-end infotainment systems, which displays the vehicle’s real-time information on the transparent screen integrated with the vehicle’s windshield.
By Service, the market is primarily studied into:
· Entertainment Services
· Navigation Services
· E-Call
· Vehicle Diagnostics
Based on assumptions, Entertainment service and navigation service segment are expected to witness significant growth. Every vehicle with an infotainment system has a front row display, whereas the rear row display is mostly present in the premium vehicle segment.
By Form, the market is primarily studied into:
· Embedded
· Tethered
· Integrated
Based on assumptions Embedded infotainment system segment dominated the market and is expected to be the largest in-vehicle infotainment market during the forecast period.
By Connectivity, the market is primarily studied into:
· 3G
· 4G
· 5G
Based on assumptions 4G segment dominated the market, however, 5G segment is expected to witness highest CAGR growth during the forecast period. Infotainment systems encompass GPS, Wi-Fi, and Bluetooth modules to provide connectivity with external networks and devices.
By Operating System, the market is primarily studied into:
· Android
· Linux
· QNX
· Windows
· Others
Based on assumptions Android, Linux, QNX, Windows are leading the infotainment segment. Smartphones can be paired with the infotainment system using Bluetooth connectivity. Pairing smartphone with the system enables user to access features of the phone through infotainment system.
By Vehicle Type, the market is primarily studied into:
· Passenger Car
· LCV
· HCV
Based on assumptions Passenger Car segment dominated the market. With 2.2 million vehicle sales, Mercedes-Benz was the leading luxury car brand worldwide, Volkswagen under its Audi brand sold around 1.7 million vehicles in 2020.
In-Vehicle Infotainment System Market Region Segmentation Includes:
· North America
· Europe
· Asia-Pacific
· Rest of World
Based on the estimation, Asia-Pacific is expected to dominate the market for In-vehicle infotainment system market, and China to lead the Asian market. China is expected to introduce mandates for telematics in the next few years. In addition, rising car sales in China paired with telematics mandate would help China to grow as the leading market for embedded telematics globally during the analyzed period. As per the China Passenger Car Association 2.53 million luxury vehicles were sold in China in 2020, an increase of 14.7% compared to 2019, this represented 13% market share among total passenger vehicles sold in the country.
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The major players targeting the market includes:
· Robert Bosch
· Alpine Electronics
· HARMAN International
· Mitsubishi Electric Corporation
· Panasonic Corporation
· Denso Corporation
· TomTom N.V.
· Pioneer Corporation
· Samsung Electronics Co., Ltd.
· Garmin Ltd.
Competitive Landscape
The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating in the global context. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the In-Vehicle Infotainment System Market. The major players have been analyzed using different research methodologies for getting insight views on market competition.
Key questions resolved through this analytical market research report include:
· What are the latest trends, new patterns, and advancements in the In-Vehicle Infotainment System Market?
· Which factors are influencing the In-Vehicle Infotainment System Market over the forecast period?
· What are the challenges, threats, and risks in the In-Vehicle Infotainment System Market?
· Which factors are propelling and restraining the In-Vehicle Infotainment System Market?
· What are the demanding regions of the In-Vehicle Infotainment System globally?
· What will be the market size in the upcoming years?
· What are the crucial market acquisition strategies and policies applied by the companies?
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Table of Content:
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IN-VEHICLE INFOTAINMENT SYSTEM MARKET COVID-19 IMPACT
6 IN-VEHICLE INFOTAINMENT SYSTEM MARKET REVENUE (USD BN), 2019-2027F
7 MARKET INSIGHTS BY COMPONENT
8 MARKET INSIGHTS BY SERVICE
9 MARKET INSIGHTS BY FORM
10 MARKET INSIGHTS BY CONNECTIVITY
11 MARKET INSIGHTS BY OPERATING SYSTEM
12 MARKET INSIGHTS BY VEHICLE TYPE
13 MARKET INSIGHTS BY REGION
14 IN-VEHICLE INFOTAINMENT SYSTEM MARKET DYNAMICS
15 IN-VEHICLE INFOTAINMENT SYSTEM MARKET OPPORTUNITIES
16 IN-VEHICLE INFOTAINMENT SYSTEM MARKET TRENDS
17 LEGAL & REGULATORY FRAMEWORK
18 DEMAND AND SUPPLY SIDE ANALYSIS
19 VALUE CHAIN ANALYSIS
20 COMPETITIVE SCENARIO
21 COMPANY PROFILED
22 DISCLAIMER
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