The global automotive infotainment system market is expected to reach USD 34.77 billion market size by 2025 as per a new research report published by Confianza Market Research & Consultancy. The growth can be attributed to increasing sales of passenger cars & light commercial vehicles in developing countries. Moreover, the growing demand for luxury cars is further boosting the market demand over the forecast period.
Asian Countries including India, China, Japan, and Indonesia have witnessed tremendous growth in mobility services such as ride-sharing, e-hailing services, etc. Most of the companies providing such services prefer fitting advanced infotainment systems in their fleet in order to offer better services to their customers. Thus, the mobility sector is playing a crucial roll in growing market demand.
The COVID-19 situation that started in early 2020, has significantly impacted the infotainment market growth, as most of the key players manufacturing these systems are from China, where the COVID-19 impact is the highest. The market is anticipated to recover at a moderate pace post-COVID-19 the situation, and the APAC region will play a crucial role in this market growth.
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Key research findings:
- The hardware segment accounted for a greater than 60% market share in 2019.
- In-dash infotainment is largest segment and it is expected to grow significantly by 2025.
- Prominent market players include Denso Corporation, Robert Bosch GmBH, Continental AG, Harman international industries Inc. among others.
Market Segmentation
Confianza Research has segmented the global automotive infotainment system market on the basis of component, installation, vehicle, and region as follow
- Automotive Infotainment System Market Component Outlook (Revenue, USD Billion, 2016 – 2030)
- Hardware
- Software
- Automotive Infotainment System Market Installation Type Outlook (Revenue, USD Billion, 2016 – 2030)
- In-dash Infotainment System
- Rear Seat Infotainment System
- Automotive Infotainment System Market Vehicle Type Outlook (Revenue, USD Billion, 2016 – 2030)
- Passenger car
- Commercial vehicle
- Automotive Infotainment System Market Component Outlook (Revenue, USD Billion, 2016 – 2030)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
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