The global auto infotainment market is estimated to grow 6.0% globally over the forecast period and is anticipated to reach a market valuation of US$ 31.96 Bn by 2024.
The global market for infotainment equipment in the automotive market is set to expand at a healthy pace by the end of 2025. The steep rise in the demand for entertaining driving experience and vehicle customizations steers this growth in the market. The growing awareness regarding safety and security in the functioning of vehicles also plays a vital role in the development of the landscape.
COVID-19 pandemic has hard hit the business in the automotive sector, negatively influencing the business of associated components such as infotainment equipment. With relaxations on travel and business, the business in the market is expected to resume. Buoyed by high technological advancements, North America is expected to attain a significant position in the market in the coming years.
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FACTS AT A GLANCE
Companies: Continental AG, DENSO Corporation, FUJITSU TEN Limited, HARMAN International, Delphi Automotive LLP, and Garmin Ltd.
Coverage: All major geographies and key segments
Segments: Infotainment Equipment In Automotive Market Segmented By Entertainment System, Connectivity System, Driver Assistance System Type and Passenger Cars, Light Commercial Vehicle, High Commercial Vehicle Type
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
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To understand consumption patterns and assess opportunities in the global auto infotainment market, the report is categorically divided into different sections based on market segmentation – by systems, by vehicle type, by sales channel, and by region.
The report begins with an overview of the global auto infotainment market followed by a detailed analysis of the key drivers and restraints likely to influence the market. Key trends observed across the global auto infotainment value chain are also included in this section.
The report highlights existing opportunities in the global auto infotainment market to equip readers with useful decision-making insights. The subsequent sections analyze the global auto infotainment market on the basis of entertainment system, connectivity, driver assistance, vehicle type, sales channel, and region and present a comprehensive forecast for the period 2016–2024.
The final section of the global auto infotainment market report covers a detailed competitive landscape to provide a dashboard view of key players operating in the global auto infotainment market including manufacturers, retailers, and distributors.
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