In-Vehicle Infotainment System market is expected to foresee significant growth. Asia-Pacific to lead the growth!
- Himanshu Patni
- November 16, 2021
- AUTOMOTIVE, NEWS
- In-Vehicle Infotainment System Market, In-Vehicle Infotainment System Market growth, In-Vehicle Infotainment System Market report, In-Vehicle Infotainment System Market share, In-Vehicle Infotainment System Market size, In-Vehicle Infotainment System Market trends
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In-Vehicle Infotainment System Market is expected to grow at a CAGR of around 10.7% during the forecast period 2021-2027. The market stood at around US$24 billion in 2019. In-vehicle infotainment works in integration with many other in-vehicle and external systems to deliver entertainment and information to the driver and passengers. Rising vehicle production, technological advancements in the automotive sector, telematics regulations, and increasing demand for luxury vehicles are the major factors driving the market for In-vehicle infotainment system in the modern world. Infotainment systems encompass GPS, Wi-Fi, and Bluetooth modules to provide connectivity with external networks and devices. Proximity sensors, gesture recognition sensors for detecting ambient light, camera sensors among others in-vehicle sensors integrate with infotainment systems to provide safety-related information to the driver and passengers.
Sales of all major German car brands decreased worldwide as global car markets struggled with the response to Covid-19 in 2020. Global car sales witnessed a decline of 15% in 2020. In 2020, Mercedes-Benz was the leading luxury car brand worldwide. It outsold BMW in most global markets, including China but not in the USA. Both BMW and Mercedes-Benz witnessed ninth consecutive record year sales in 2019, however, had sales just over 7% lower worldwide in 2020.
For a detailed analysis of the Covid-19 Impact on the market browse through – https://univdatos.com/report/in-vehicle-infotainment-system-market/
Based on component, the In-Vehicle Infotainment System Market is segmented into Display Unit, Control Panel, Telematics Control Unit, Head-Up Display. In 2020, Display Unit segment dominated the market. Automotive heads-up display is an integral part of high-end infotainment systems, which displays the vehicle’s real-time information on the transparent screen integrated with the vehicle’s windshield. Based on service, the market is bifurcated into Entertainment Services, Navigation Services, E-Call, Vehicle Diagnostics. Entertainment service and navigation service segment are expected to witness significant growth. Every vehicle with an infotainment system has a front row display, whereas the rear row display is mostly present in the premium vehicle segment. Based on form, the global In-Vehicle Infotainment System Market is segmented into Embedded, Tethered, Integrated. In 2020, Embedded infotainment system segment dominated the market and is expected to be the largest in-vehicle infotainment market during the forecast period.
Based on connectivity, the global In-Vehicle Infotainment System Market is segmented into 3G, 4G, 5G. In 2020, 4G segment dominated the market, however, 5G segment is expected to witness highest CAGR growth during the forecast period. Based on Operating system, the market is bifurcated into Android, Linux, QNX, Windows, Others. Android, Linux, QNX, Windows are leading the infotainment segment. Smartphones can be paired with the infotainment system using Bluetooth connectivity. Pairing smartphone with the system enables user to access features of the phone through infotainment system. Based on Vehicle type, the global In-Vehicle Infotainment System Market is segmented into Passenger Car, LCV, HCV. In 2020, Passenger Car segment dominated the market.
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For a better understanding of the market, the report is analyzed based on different regions including North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific); and Rest of World. Asia-Pacific dominated the market in 2020. In 2018, European government have mandated E-Call service in vehicle. Countries such as China, Russia and Brazil are expected to mandate the fitment of embedded telematics in the future. Some of the major players operating in the In-Vehicle Infotainment System market includes Robert Bosch, Alpine Electronics, HARMAN International, Mitsubishi Electric Corporation, Panasonic Corporation, Denso Corporation, TomTom N.V., Pioneer Corporation, Samsung Electronics Co., Ltd., Garmin Ltd., etc.
In-Vehicle Infotainment System Market Segmentation
Market Insight, by Components
- Display Unit
- Control Panel
- Telematics Control Unit
- Head-Up Display
Market Insight, by Service
- Entertainment Services
- Navigation Services
- Vehicle Diagnostics
Market Insight, by Form
Market Insight, by Connectivity
Market Insight, by Operating System
Market Insight, by Vehicle Type
- Passenger Car
Market Insight, by Region
- North America In-Vehicle Infotainment System Market
- Rest of North America
- Europe In-Vehicle Infotainment System Market
- Rest of Europe
- Asia-Pacific In-Vehicle Infotainment System Market
- South Korea
- Rest of Asia-Pacific
- Rest of World In-Vehicle Infotainment System Market
Top Company Profiles
- Robert Bosch
- Alpine Electronics
- HARMAN International
- Mitsubishi Electric Corporation
- Panasonic Corporation
- Denso Corporation
- TomTom N.V.
- Pioneer Corporation
- Samsung Electronics Co., Ltd.
- Garmin Ltd.