Global Automotive Infotainment Market was valued at US$ 25.8 Billion in 2021 and is expected to surpass US$ 49.9 Billion by 2030, registering a CAGR of 7.5% during the forecast period (2022-2030), according to the Global Automotive Infotainment Market Report, by System (Entertainment System (Audio System & Video System), Connectivity System (Hands Free Call, USB Bluetooth,& Wi-Fi Router) and Driver Assistance(Traffic Message Channel (TMC), Adaptive Cruise Control (ACC) &GPS Navigation System (GPS))), by Vehicle Type (Passenger Car (Compact & Mid-size, Premium, Luxury), Light Commercial Vehicle and Heavy Commercial Vehicle (Buses, Trailers, Trucks) ), by Sales Channel (OEM and Aftermarket) and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) , published by Coherent Market Insights.

Commercial vehicles are used for the delivery of goods, machines, etc., which has witnessed excellent growth in the recent past. Such vehicles need to stay connected and informed about consumer data, weather updates, traffic, and more. Infotainment system provides vital information and makes travel time convenient, productive, and entertaining.

Generally, luxury segment cars are offered with high-performing, personalized infotainment system. Carmakers are offer dashboards, control panels, and entertainment systems according to consumers’ needs. Moreover, some consumers demand special features such as automatic head-up display, voice control recognition, and similar other facilities, which in turn, is expected to pose significant business opportunities for market players over the forecast period.

Key Developments

  1. Key players in the market are focused on partnerships and collaborations, in order to enhance their market presence. For instance, in September 2019, DENSO Corporation collaborated with BlackBerry Limited to launch the first integrated human machine interface (HMI) digital cockpit with BlackBerry QNX technology, with Japanese company SUBARU being the first car to incorporate this technology.
  2. Major companies in the market are focused on partnerships and collaborations, in order to gain competitive edge in the market. For instance, in April 2019, HARMAN International partnered with Bayerische Motoren Werke (BMW) AG to develop next-generation infotainment platform for the German carmaker.

Global Automotive Infotainment Market - Impact of Coronavirus (Covid-19) Pandemic:

The COVID-19 pandemic has affected the global automotive infotainment market significantly. Lockdown was imposed across the globe as a precautionary measure by governments. This led to temporary suspension of all businesses in the automotive sector. Supply chain operations were disrupted causing a shortage of raw materials and components required for automotive manufacturing. This hampered the demand and manufacturing of automotive infotainment which have wide applications in the automotive sector and hence the global automotive infotainment market witnessed slow growth during the pandemic.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/automotive-infotainment-market-3302

Browse 150 market data tables* and 90 figures* on “Global Automotive Infotainment Market- Global forecast to 2030”

Key Trends and Analysis of the Global Automotive Infotainment Market:

  • North America region held a dominant position in the global automotive infotainment market in 2021 and is expected to retain its dominance throughout the forecast period owing to the rising usage of infotainment in the automotive sector. Automotive infotainment are used to entertain, connectivity and driver assistance which help in maintaining the vehicles and protect the passengers and drivers. Manufacturers can also provide safe and efficient cars to customers by using automotive infotainment. All the advantages of sensors in the automotive industry is driving the growth of the automotive infotainment market in the North America region.
  • According to Coherent Market Insights’ analysis Europe automotive aftermarket, specifically Russian aftermarket is expected to witness a CAGR of 7.2% in the near future. The European market is expected offer lucrative growth opportunities for manufacturers with better distribution networks and sales. Moreover, new car launches have supported growth of Russian automotive market in the recent past.
  • Major players operating in the global automotive infotainment market include Continental AG, Garmin Ltd., DENSO Corporation, Delphi Automotive LLP, Fujitsu Ten Limited, HARMAN International, Clarion, Pioneer Corporation, Panasonic Corporation, Visteon Corporation, Pacific Industrial Co., Ltd., and Robert Bosch GmbH.

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