According to TechSci Research report, “Global Automotive Infotainment Systems Market– By Region, Competition, Forecast & Opportunities, 2028,” The global automotive infotainment systems market will be valued at US$ 25 billion in 2022 and is expected to grow steadily at a CAGR of 6.1% during the forecast period to 2028. The global automotive infotainment system market is driven by several key factors. Global increases in vehicle production and improvements in vehicle operating technology have contributed significantly to the growth of this industry.
Key drivers of the global automotive infotainment system market include consumer demand for improved connectivity and user experience, which is expected to grow during the forecast period.
The global automotive infotainment systems market is a dynamic and rapidly evolving segment within the automotive industry, focused on providing advanced entertainment, information, and connectivity features to vehicle occupants.
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Infotainment systems have become an integral part of modern vehicles, enhancing the driving experience and meeting the growing need for connectivity and comfort on the road. The market is driven by the desire to enhance the user experience through intuitive touchscreens, voice recognition and gesture control, all of which contribute to the comfort, safety and satisfaction of vehicle occupants. Safety considerations are paramount, as infotainment systems integrate advanced driver assistance systems (ADAS) such as collision avoidance and lane departure warning, combining safety and comfort.
In addition, automakers use these systems as a powerful competitive advantage to differentiate their vehicles, showcasing cutting-edge technology and innovative features to attract customers.
Compatibility issues add to the complexity as there are a variety of operating systems and connectivity standards on the market. Regionally, the market is of global importance, with North America, Europe, Asia Pacific, and Rest of the World each contributing to the market growth.
Automakers are investing heavily to provide enhanced user experiences through intuitive touchscreens, voice recognition, gesture controls, and even augmented reality interfaces. These features improve vehicle occupant comfort, safety and overall satisfaction. As vehicles become more electrified and autonomous, infotainment systems are evolving to support these changes. EVs can provide energy consumption data and information about charging stations, and self-driving features can turn infotainment systems into entertainment centers while driving.
A large number of organizations are investing in the infotainment development of automotive vehicles. In July 2021, WEIC reported that China’s automotive market was the world’s leading market for smart cockpit development, with more than 82,000 patent applications relating to the development of smart infotainment systems. Japan was second with 31,900 patent applications, and the United States was third with 19,300.
Mercedes-Benz AG declared in September 2022 a partnership to take advantage of the latest digital capabilities in future Mercedes-Benz vehicles through the utilization of digital chassis solutions offered by Snapdragon. These solutions will power Mercedes-Benz’s infotainment Platform, which is powered by the latest in intuitive and intelligent AI experiences. The Mercedes-Benz next-generation infotainment
The Global Automotive Infotainment Systems Market is analyzed based on vehicle type, application, distribution channel, and by region. Based on the vehicle type the market is divided into Passenger Cars, Commercial Vehicles, and Electric Vehicles. Based on the application, the market is divided into Navigation, Media, Communication, Payment Services, and Telematics. Based on the distribution channel, the market is segmented into OEM and aftermarket.
Key market players in the Global Automotive Infotainment Systems Market include:
- Denso Corporation
- Robert Bosch GmbH
- Continental AG
- Harman International Industries Inc.
- Magnetic Marelli SpA
- Kenwood Corporation
- Alpine Electronics Inc.
- Mitsubishi Electric Corporation
- Visteon Corporation
- Pioneer Corporation
- Aptiv PLC
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“The increase in vehicle production worldwide, combined with a growing emphasis on vehicle technology, contributes significantly to the expansion of this automotive infotainment industry. Moreover, the rising demand for electric vehicles, which necessitate specialized systems, also plays a crucial role. Therefore, it can be said that the Global Automotive Infotainment Systems Market is going to witness robust growth in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Automotive Infotainment Systems Market Segmented By Vehicle Type (Passenger Cars, Commercial Vehicles), By Application (Navigation, Media, Communication, Payment Services, and Telematics), By Distribution Channel (OEM and Aftermarket), By Regional, Competition, Forecast & Opportunities, 2028,” has evaluated the future growth potential of Automotive Infotainment Systems market globally and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Global Automotive Infotainment Systems Market.
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Table of Content-Automotive Infotainment Systems Market
- Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
- Research Methodology
2.1. Objective of theStudy
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
- Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
- Impact of COVID-19 on Global Automotive Infotainment Systems Market
- Global Automotive Infotainment Systems Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Vehicle Type Market Share Analysis (Passenger Car, Commercial Vehicle)
5.2.2. By Application Market Share Analysis (Navigation, Media, Communication, Payment Services, Telematics)
5.2.3. By Distribution Channel Market Share Analysis (OEM, Aftermarket)
5.2.4. By Regional Market Share Analysis
5.2.4.1. Asia-Pacific Market Share Analysis
5.2.4.2. Europe & CIS Market Share Analysis
5.2.4.3. North America Market Share Analysis
5.2.4.4. South America Market Share Analysis
5.2.4.5. Middle East & Africa Market Share Analysis
5.2.5. By Company Market Share Analysis (Top 5 Companies, Others – By Value, 2022)
5.3. Global Automotive Infotainment Systems Market Mapping & Opportunity Assessment
5.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
5.3.2. By Application Market Mapping & Opportunity Assessment
5.3.3. By Distribution Channel Market Mapping & Opportunity Assessment
5.3.4. By Regional Market Mapping & Opportunity Assessment
- Asia-Pacific Automotive Filter Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis
6.2.2. By Application Market Share Analysis
6.2.3. By Distribution Channel Market Share Analysis
6.2.4. By Country Market Share Analysis
6.2.4.1. China Market Share Analysis
6.2.4.2. India Market Share Analysis
6.2.4.3. Japan Market Share Analysis
6.2.4.4. Indonesia Market Share Analysis
6.2.4.5. Thailand Market Share Analysis
6.2.4.6. South Korea Market Share Analysis
6.2.4.7. Australia Market Share Analysis
6.2.4.8. Rest of Asia-Pacific Market Share Analysis
6.3. Asia-Pacific: Country Analysis
6.3.1. China Automotive Filter Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Vehicle Type Market Share Analysis
6.3.1.2.2. By Application Market Share Analysis
6.3.1.2.3. By Distribution Channel Market Share Analysis