Our comprehensive research on the Global In-Car Infotainment Market (2023-2031) provides insights for businesses. It covers trends, investments, tech advancements, and major players. The report uses qualitative and statistical data from 2017-2031, including SWOT, BCG, PESTLE analysis, and visuals. It offers a full market landscape with stakeholder insights, regional outlooks, and financial considerations.
The global in-car infotainment market size was US$ 22,811 million in 2021. The global in-car infotainment market is expected to grow to US$ 43212.9 million by 2030, registering a compound annual growth rate (CAGR) of 8.1% during the study period from 2022 to 2030.
In-car infotainment refers to a comprehensive set of advanced features that are built into automobiles to provide entertainment, information, connectivity, and communication services. The system is essential to provide entertainment and information to drivers and passengers through its efficient audio/video (A/V) interfaces, touchscreens, keypads, and other types of devices. Bluetooth, Wi-Fi connectivity, etc.
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Factors Influencing the Market
The rising adoption of cloud technology will primarily drive the demand for in-car infotainment during the forecasted period. The increased demand for safety, comfort, and aesthetic features in vehicles has resulted in several technological advancements. One such advancement is the use of a cloud-based infotainment system, which increases the comfort level of the passengers inside. Moreover, the growing trend of live media streaming is expected to increase the development of cloud technology, which will be opportunistic for the overall in-car infotainment market during the analysis period.
In addition, the benefits of in-vehicle infotainment systems as it allows efficient storage and sharing of media files, including music, video, and photos over the cloud network. All of these factors will positively influence the in-car infotainment market during the analysis period.
The rising trend of connected cars will bring lucrative growth opportunities for the overall in-car infotainment market during the analysis period. Further, the growing initiatives by government bodies to enhance the safety and security of vehicles are expected to bring ample growth opportunities for the market.
Connected vehicles allow cars to communicate with drivers, other vehicles, road infrastructure, and the cloud via the V2X platform. These services enable automotive dealers to optimize resource utilization, strengthen safety, and automate certain driver functions. Thus, it will benefit the global in-car infotainment market during the analysis period.
Competitors in the Market
• Alps Alpine Co., Ltd.
• Audi Ag
• Bmw Group
• Continental Ag
• Ford Motor Company
• Panasonic Corporation
• Pioneer Corporation
• Samsung Electronics Co., Ltd.
• Vistron Corporation
• Volkswagen Ag
• Other Prominent Players
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The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the In-Car Infotainment industry experienced notable growth in its workforce. Starting in January, employment within the In-Car Infotainment sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global In-Car Infotainment output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global In-Car Infotainment output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global In-Car Infotainment market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the In-Car Infotainment market.
Market Segmentation
The global in-car infotainment market segmentation focuses on Installation, Component, and Region.
By Installation Type
• OEM
• Aftermarket
By Component
• Hardware
• Software
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By Regional Outlook
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global In-Car Infotainment Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global In-Car Infotainment Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global In-Car Infotainment Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global In-Car Infotainment Market Size (2023-2031)
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(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level In-Car Infotainment market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the In-Car Infotainment market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of In-Car Infotainment business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
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Our study holds paramount importance for various reasons, a few of which include:
• Assisting businesses in gauging the viability of new or existing products or services.
• Facilitating business enterprises in the identification and cultivation of novel market segments.
• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
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