Automotive Infotainment Market Information is segmented by Operating System (QNX, Microsoft, Linux, and Others), and by Regions (North America, APAC, Europe, Rest of the World) – Global Forecast to 2024.
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Automotive Infotainment Key Companies Market Analyzed For This Research Report Are: Alpine Electronics, Inc. (Japan), Continental AG (Germany), Harman International Industries, Inc. (U.S.), Panasonic Corporation (Japan), and Pioneer Corporation (Japan). DENSO Corporation (Japan), Garmin Ltd. (U.S.), Kenwood Corporation (Japan), Aptiv PLC (U.S.), and AllGo Embedded Systems Pvt Ltd (India) are among others.
The increasing support for open source platforms, which are pivotal in constructing integrated software, is a strong driver for market growth due to the use of such platforms to run these infotainment systems. Moreover, automotive infotainment devices offer connectivity with a wide range of personal devices regardless of operating system, making them highly flexible, thus driving demand. These systems can be connected to USB flash drives, laptops, tablets, and smartphones and are helpful in enabling a seamless experience for the consumer. The various benefits of automotive infotainment such as its use to display camera feedback and use in connecting media for various entertainment purposes have catapulted the technology into high demand. With automotive manufacturing growing exponentially, the installation of such systems has grown, thus driving market growth.
The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
The automotive infotainment market is segmented based on the operating system that it is built upon and the regions. On the basis of operating system, the largest market share is captured by QNX followed by Linux, Microsoft and Others. The QNX 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 QNX. 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.
Regional Analysis:
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 report for Global Automotive Infotainment Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Competitive Landscape:
The Automotive Infotainment market is witnessing intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations, as key factors that confront market growth. The vendors compete in terms of cost, product quality, reliability, and aftermarket service. It is crucial for the vendors to provide cost-efficient and high-quality Automotive Infotainment, to survive and succeed in an intensely competitive market environment.
Major Table of Content:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Proces
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continued…
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