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The global automotive infotainment market is expected to generate revenues of more than $22 billion by 2023 and is expected to grow at a CAGR of over 5% during the forecast period.
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Automotive InfotainmentMarket 2018-2023
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MarketOverview Theglobalautomotiveinfotainmentmarketisexpectedtogeneraterevenuesofmorethan $22billionby2023andisexpectedtogrowataCAGRofover5%by2018-2023. Thegrowingtrendofintegratingdigitaldesignsolutionswillencouragetheprominent playerstolaunchinnovativetechnologicalsystemsinthemarket. Theemergenceofadditionalfunctionssuchasparkingassist,navigation,trafficassistance, control functions, and internetconnectivity. TheleadingvendorsareleveragingadvancedtechnologytointroducesophisticatedIVI systemsthatofferembeddedvideoplaying.
MarketDynamics Theimplementationofmandatorysafetyregulations byvariousgovernmentregulatorybodiesacrossthe worldwillboosttheadoptionofADASsystemsinthe global market. The demand for these innovative systems will create lucrative opportunities for vendors in the globalmarket. Read theReport
Segmentation Embeddedinfotainmentsystemsoccupiedmorethanhalfofthe totalmarketsharein2017andareexpectedtogrowataCAGRof approximately 8% during theforecast period. The declining price trends for LCD and TFT will enable leading playerstoincorporatecost-effectivesystemsinthemid-pricedand economy carsegment. Rapidurbanizationandchangingqualityoflifestylearetheprimary factors driving the growth of these systems market in the APAC region. Request for aSample
TrendAnalysis Introductionof Concept of Autonomous Vehicles Increased Focus on Introducing Safety Solutions– ADAS Growing Electrificationof Automotive Mechanics enquiry@arizton.com
VendorLists THE GLOBAL AUTOMOTIVE INFOTAINMENT MARKET IS CURRENTLY WITNESSING INTENSE COMPETITION, AND THE TOP VENDORS OCCUPY 50% OF THE TOTAL MARKET SHARE. KeyVendors -AlpsElectric,Clarion,ContinentalAG,Denso,HARMANInternational (Samsung), Panasonic Corporation, andPioneer. ProminentPlayers-Aisin,Aptiv,Desay,Flex,Ford,Garmin,KyoceraCorporation,LGElectronics, MagnetiMarelli,MitsubishiElectric,Mobis,Bosch,Tom-Tom,Valeo,andVisteonCorporation. Read theReport
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