Report provides comprehensive information on Global Automotive Infotainment Market forecast, historic data, with business development strategies, upcoming opportunities, and regional outlook. Global Automotive Infotainment market is expected to grow over the CAGR of around 6.36% and reach $ 34,251.0 Million by the end of year 2024.
Automotive Infotainment Industry Key Players Analyzed in Report Are:
Alpine Electronics, Inc. (Japan), Continental AG (Germany), Harman International Industries Inc. (U.S.), Panasonic Corporation (Japan), Pioneer Electronics (U.S.), DENSO CORPORATION (Japan), Garmin Ltd (Switzerland), KENWOOD Corporation (Japan), Delphi Automotive PLC (U.K.) and ALLGo Embedded Systems Pvt Ltd.
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Automotive Infotainment Industry Highlights:
The global market for automotive Infotainment is majorly driven by factors such as Provision for smartphone integration with IVI systems and Integration of infotainment with other systems. Global Automotive Infotainment Market is segmented by Operating System (QNX, Microsoft, Linux, and Others), and by Regions (North America, APAC, Europe, Rest of the World) with Forecast to 2024.
The growth in automotive industry directly translates into increasing demand in the automotive infotainment market. Moreover, technological advancements and heavy investments are helping the automotive infotainment market grow. Automotive infotainment is a technology that came into existence to offer better driver assistance systems in automotive, particularly cars. A major driving factor is the good quality rear seat entertainment services. However, the demand for automotive infotainment in the global market will remain very impressive but the varying life cycles of the embedded infotainment systems and the smart phone could hamper the market growth.
North America has dominated the market during the forecast period because the sales of large automobiles for long distance travelling is the highest in this region. Since people in this region prefer the personal automobile for travelling over the public transport, installation of high-end infotainment systems in these vehicles makes business sense to lure the customers. This helps customers spend more time in the automobile, comfortably.
The global automotive infotainment market in North America is expected to expand at a CAGR of 6.49% during the forecast period. Asia Pacific is the second largest market that has grown during the forecast period due to consistent increase in the automotive sales since the last two decades.
The automotive infotainment market is segmented based on the operating system that it is built upon and the regions. Based on operating system, the largest market share is captured by QNX followed by Linux, Microsoft and Others. The ONX is a unique platform that is meant specifically for further development the automotive infotainment systems. It is designed to offer flexibility and support to a wide variety of gadgets or systems that can further be attached to the systems based on the ONX. Microsoft uses specially designed systems developed on Windows, which helps in seamless integration of the different devices running on different operating systems to run along with the infotainment system. QNX, which accounted for a market value of USD 10,707 million with a market share of 47%, is expected to expand at CAGR of 6.26%; projecting a market value of USD 16,267 million in 2023.
List of Tables:
TABLE 1 PRODUCT OFFERINGS
TABLE 2 ALPINE ELECTRONICS, INC.: KEY DEVELOPMENTS, 2014-2016
TABLE 3 GLOBAL AUTOMOTIVE INFOTAINMENT MARKET FOR EMBEDED NAVIGATION SYSTEM 2016-2020 (USD BILLION)
List of Figures:
FIGURE 1 GLOBAL AUTOMOTIVE INFOTAINMENT MARKET: VALUE CHAIN ANALYSIS 15
FIGURE 2 GLOBAL AUTOMOTIVE INFOTAINMENT MARKET, 2015-2020 (USD BILLION) 17
FIGURE 3 FIVE FORCES ANALYSIS 18
FIGURE 4 MARKET SEGMENTATION, BY GEOGRAPHY, 2016 19
FIGURE 5 MARKET SEGMENTATION, BY GEOGRAPHY, 2020 20
FIGURE 6 MARKET SEGMENTATION BY GEOGRAPHY 2015-2020 (USD BILLION) 20
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