In-vehicle Infotainment - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global In-vehicle Infotainment Market is accounted for $20.24 billion in 2018 and is expected to reach $54.80 billion by 2027 growing at a CAGR of 11.7% during the forecast period. Rising demand for rear seat entertainment, smartphone industry and use of cloud technologies are the factors driving the market growth. However, huge cost of advanced technologies and services in infotainment systems are some of the factors restraining the market growth.
In- vehicle infotainment (IVI), or in- car entertainment (ICE), is a collection of hardware and software in automobiles that provides audio or video entertainment. In car entertainment originated with car audio systems that consisted of radios and cassette or CD players, and now includes automotive navigation systems, video players, USB and Bluetooth connectivity, Carputers, in-car internet, and WiFi. Once controlled by simple dashboards knobs and dials, ICE systems can include steering wheel audio controls and handsfree voice control.
Based on location, front row segment is going to have a lucrative growth due to higher penetration than rear row infotainment in the in-vehicle infotainment system. The front row infotainment provides users with different kinds of information (navigation, weather forecast, internet, etc.) and entertainment (video and audio) services. Every vehicle with an infotainment system has a front row display, whereas, at present, the rear row display is mostly offered in premium vehicles. By geography, Asia Pacific is likely to have a huge demand due growing demand for comfort, luxury, high-end information, and entertainment services, and government regulations regarding safety and security will fuel the in-vehicle infotainment market in this region.
Some of the key players in Global In-vehicle Infotainment Market include Visteon Corporation, Tomtom International, Robert Bosch Gmbh, Pioneer Corporation, Panasonic Corporation, Mitsubishi Electric Corporation, Jvckenwood Corporation, Hyundai Mobis, Harman International, Garmin Ltd, Fujitsu Limited, Foryou Corporation, Desay Sv Automotive, Denso Corporation, Continental AG, Clarion and Alpine Electronics Inc.
Alternate Fuel Vehicles Covered:
• Plug-in Hybrid Electric Cars
• Hybrid Electric Vehicle
• Battery Electric Vehicle
• Rear RoW
• Front RoW
• Telematics Control Unit (Tcu)
• Head-Up Display
• Display Unit/Infotainment Unit
• Control Panel
• Near Field communication (NFC)
• Long Term Evolution (LTE)
Operating Systems Covered:
• Entertainment Services
• Navigation Services
• Vehicle Diagnostics
Vehicle Types Covered:
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
Interaction Types Covered:
• Physically Button Controlled
Devices Types Covered:
• In-car Navigation Systems
• In Car Video Systems
• In Car Audio Systems
• In-Car Connectivity
End Users Covered:
• SUVs & Crossovers
• Small Cars
• Mid-Sized Cars
• Luxury Cars
• Electric Vehicle
• Compact Cars
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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