In-car infotainment is basically an amalgamation of wide features integrated in the cars to provide entertainment, information and communication services. The world in-car infotainment market is expected to grow at a CAGR of 13.3% during the forecast period (2016 – 2022). Furthermore, the sector will generate $33.8 billion by 2022. The market has witnessed a double-digit growth rate and is expected to see this trend during the forecast period. Advanced infotainment systems are equipped with connectivity options like Bluetooth and Wi-Fi, interactive voice recognition services, live media streaming service and smart technology for mobile integration, radio, internet, phone calls and information on demand, among others.
Browse Full Report Visit – http://www.acutemarketreports.com/report/world-in-car-infotainment-market
These systems manage audio & video content while providing updates and information on traffic conditions and weather forecast. Advanced in-car infotainment systems offer information, communication, and entertainment with mobile integration technology. In addition, it also offers navigation services and driver assistance by using high-performance interfaces, such as control units, human machine interfaces (HMI), and operating controls. These advanced features have fostered the adoption of in-car infotainment systems; thereby driving the growth of the market in future. In addition, booming smartphone industry and aggrandized use of cloud technology have significantly boosted the growth of the world in-car infotainment systems market. Cloud technology has improved system response time of in-car infotainment systems. However, lack of seamless connectivity and complexity of in-car infotainment devices have restrained the growth of the market. Integration of cloud services in in-car infotainment systems facilitates the streaming of media, online system software update and information access.
The in-car infotainment systems market is segmented into OEM and aftermarket installations on the basis of type of installation. OEM installation segment comprises pre-installed in-car infotainment systems delivered by car manufacturers to customer. For instance, Ford motors offer already installed in-car infotainment systems in its cars. The aftermarket in-car infotainment system providers include third party vendors of in-car infotainment systems. Moreover, the aftermarket installation market offers low-cost customization and upgradation of obsolete in-car infotainment systems.
The component market is segmented into hardware and software. Hardware market is further sub segmented into four different types namely, audio unit, display unit, connectivity and others. The other segment includes climate control, Bluetooth and interactive voice recognition (IVR). Software market is expected to grow at a significant rate, since it offers a wide range of advanced features pertaining to in-car infotainment systems.
The world in-car infotainment market is segmented on the basis of geographical regions, encompassing North America, Europe, Asia-Pacific and LAMEA. Europe is anticipated to be the largest market for in-car infotainment systems. The in-car infotainment market in Asia-Pacific region accounted for 28.1% share of the overall in-car infotainment market revenue and is estimated to grow at a prominent CAGR of 16.4% during 2016 – 2022. Increasing purchasing power of consumers, ease-of-access and technological advancements in Asia-Pacific would foster the adoption of in-car infotainment systems in this region. This region would witness the highest growth rate; whereas, LAMEA is expected to grow at a moderate growth rate during the forecast period. The key market players are Panasonic Corp., Harman International Industries, Bayerische Motoren Werke AG (BMW), Alpine Electronics, Inc, Audi Ag, Continental Ag, Daimler Ag, Ford Motor Company, Garmin Ltd., General Motors, Intel Corporation, Jvc Kenwood Corporation, Kpit Cummins, Fujitsu Ten Ltd., Delphi Automotive PLC, Denso Corporation and others.
View Full Report Here :
POTENTIAL BENEFITS FOR STAKEHOLDERS:
- This report forecasts the prospects of the world in-car infotainment market based on the market trends in the 2015
- The report provides a competitive scenario of the world in-car infotainment market with current and future growth trends, structure, driving factors, scope, opportunities and challenges
- The report includes a comprehensive analysis of market segments to provide insights about market dynamics
- Porters five forces model analysis provides inputs on potential of buyers and suppliers while highlighting the competitive structure of the market that would enable market players to devise effective growth strategies while facilitating better decision-making
- Value chain analysis provides key inputs on role of all stakeholders at various stages of the value chain
- SWOT analysis of key market players highlight essential strengths and opportunities in the market
IN-CAR INFOTAINMENT MARKET KEY SEGMENTS
The market is segmented based on installation type, component and geography
MARKET BY INSTALLATION TYPE
MARKET BY COMPONENTS
MARKET BY GEOGRAPHY
- North America
- Bayerische Motoren Werke AG (BMW)
- Panasonic Corporation
- Harman International Industries
- Fujitsu Ten Ltd.
- Delphi Automotive PLC
- Denso Corporation
- Ford Motor Company
- General Motors Company
- Audi AG
- Visteon Corporation
Chapter: 1 INTRODUCTION
1.1 Report Description
1.2 Research Methodology
1.2.1 Secondary Research
1.2.2 Primary Research
1.2.3 Analyst Tools and Models
Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO Perspectives
Chapter: 3 MARKET OVERVIEW
3.1 Market Definition and Scope
3.2 Key Findings
3.2.1 Top Impacting Factors
3.2.2 Top investment pockets by installation type
3.2.3 Top winning strategies
Latest Reports Here :
About – Acute Market Reports :
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends.
Our team consists of highly motivated market research professionals and they are accountable for creating the groundbreaking technology that we utilize in our search engine operations to easily recognize the most current market research reports online.
Website : http://www.acutemarketreports.com
Company Name: Acute Market Reports
Contact Person: Chris Paul
Email: Send Email
Phone: India: +91 7755981103, Toll Free US/Canada: +1-855-455-8662
Address:Office No 01, 1st Floor, Aditi Mall, Baner