NEW YORK, June 29, 2021 /PRNewswire/ — Technavio has been monitoring the automotive infotainment systems market, operating under the consumer discretionary industry. The latest report on the automotive infotainment systems market, 2020-2024 estimates it to register an incremental growth of USD 609.76 million, at a CAGR of almost 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Aptiv Plc, Continental AG, DENSO Corp., Garmin Ltd., LG Electronics Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sony Corp., Valeo SA, and Visteon Corp. are among some of the major market participants.
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The development of low-cost infotainment solutions has been instrumental in driving the growth of the market. The reduced price of automotive infotainment hardware and minimized costs of display panels will lead the market to grow considerably in the forthcoming years. However, regulatory interference might hamper market growth.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Automotive Infotainment Systems Market 2021-2025: Segmentation
Automotive Infotainment Systems Market is segmented as below:
Based on geographic segmentation, 26% of the market’s growth originated from APAC during the forecast period. Increased consumer demand for advanced in-vehicle technologies in China, Japan, and South Korea will contribute to the regional growth of this market. In addition, QNX segment led the growth under the technology segment of the market as this unique platform facilitates the development of world-class infotainment systems. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive infotainment systems market size.
- Passenger Cars
- Commercial Vehicles
- North America
- South America
Automotive Infotainment Systems Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive infotainment systems market report covers the following areas:
- Automotive Infotainment Systems Market Size
- Automotive Infotainment Systems Market Trends
- Automotive Infotainment Systems Market Industry Analysis
This study identifies the development of in-car audio entertainment systems that facilitate 360-degree listening as one of the prime reasons driving the automotive infotainment systems market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automotive Infotainment Systems Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist automotive infotainment systems market growth during the next five years
- Estimation of the automotive infotainment systems market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive infotainment systems market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive infotainment systems market, vendors
Related Reports on Consumer Discretionary include:
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Passenger cars – Market size and forecast 2019-2024
- Commercial vehicles – Market size and forecast 2019-2024
- Market opportunity by Application
Market Segmentation by Technology
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Aptiv Plc
- Continental AG
- DENSO Corp.
- Garmin Ltd.
- LG Electronics Inc.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sony Corp.
- Valeo SA
- Visteon Corp.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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