The Market Research Future (MRFR) recently published a research report In-Car infotainment Market that provides the full market forecast through 2022, acknowledging an impressive growth record. In its analysis, MRFR asserts that the global In-Car Infotainment market will grow exponentially, registering a moderate CAGR during the review period (2016 – 2022).
In-Car Infotainment (ICI) systems refer to assisting the driver with information, entertainment, and communication. Equipped with advanced technology like sensors, GPS, and the internet these systems feature automotive navigation systems and automatic climate control systems as well. Delivering all this while keeping the passengers ‘safety in mind, these systems perform various tasks for drivers in a hands-free mode.
The Automotive infotainment market growth will lead to the increased adoption of media-oriented systems transport technology to simplify system upgrades and prolong the lifecycle of embedded infotainment. The need for high-definition video decoding and advanced navigation systems will encourage the vendors to design more powerful automotive grade infotainment processors, which will create the need for a flexible and powerful communication backbone. Resultantly, this will increase the adoption of media-oriented systems transport network technology in-car infotainment. Several automobile manufacturers such as BMW and Ford have already started adopting and implementing media oriented systems transport technology in their automobiles.
Global In-Car infotainment Market – Competitive Analysis
Well-established players having a strong presence in the international and regional market adorn the global In-Car infotainment market as highly competitive and fragmented. At present, Key players operating in the market of automotive infotainment are fervent to invest heavily on NMACS (Networking, Mobility, Analytics, Cloud, and Security) which is bound to transform the consumer and business landscape in the future.
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Key Players:
Fervent key players, including, Ford Motor (US), Volkswagen Group (Germany), General Motors Company (US), Denso Corporation (Japan), Harman International Industries (US), Fujitsu Ten Limited (Japan), Panasonic Corporation (Japan), Visteon Corporation (US), BMW (Germany), and Delphi Automotive (UK) are leading the In-Car infotainment market. Profiling them in its analysis MRFR finds out the strategies keeping them at the forefront of the market competition.
Global In-Car infotainment Market – Segments
In-Car Infotainment Market can be segmented into 4 key dynamics for the convenience of the report and enhanced understanding;
- By Components : Hardware (Display Units, Audio Units) & Software
- By Vehicle Type :Passenger cars, Light Commercial Vehicles (LCVs), and Heavy Commercial Vehicles (HCVs) among others.
- By Connectivity :V2V, Mobile, and Voice control among others.
- By Installation :OEM and Aftermarket.
- Segment - Hardware Component, leads the market with the largest share and is expected to retain the dominance further during the forecast period.
- Segment - OEM Installation, accounting for a substantial rate of CAGR presages a powerful growth during 2017-2022.
Regional Analysis
North America stands the second largest market for the In-Car infotainment, owing to the spurting automotive industry in the region. Besides, advancements and wide uptake of technology in the region coupled with the market proliferation of the infotainment systems contribute to the regional market growth. Continuing with the same growth trends the region is expected to gain momentous accruals during the forecast period.
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TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- In-Car Infotainment Market, By Segments
- Competitive Analysis
Continued…
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