World In-Car Infotainment Industry: What to Watch Out for in Coming Future!

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World In-Car Infotainment Market - Opportunities
and Forecasts, 2015 - 2022
Published on 01 April, 2016 Number of pages
92 Single User Price 4740
World In-Car Infotainment Market - Opportunities
and Forecasts, 2015 - 2022
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In-car infotainment is basically an amalgamation
of wide features integrated in the cars to
provide entertainment, information and
communication services. The world in-car
infotainment market is expected to grow at a CAGR
of 13.3 during the forecast period (2016 -
2022). Furthermore, the sector will generate
33.8 billion by 2022. The market has witnessed a
double-digit growth rate and is expected to see
this trend during the forecast period. Advanced
infotainment systems are equipped with
connectivity options like Bluetooth and Wi-Fi,
interactive voice recognition services, live
media streaming service and smart technology for
mobile integration, radio, internet, phone calls
and information on demand, among others. 
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These systems manage audio video content while
providing updates and information on traffic
conditions and weather forecast. Advanced in-car
infotainment systems offer information,
communication, and entertainment with mobile
integration technology. In addition, it also
offers navigation services and driver assistance
by using high-performance interfaces, such as
control units, human machine interfaces (HMI),
and operating controls. These advanced features
have fostered the adoption of in-car infotainment
systems thereby driving the growth of the market
in future. In addition, booming smartphone
industry and aggrandized use of cloud technology
have significantly boosted the growth of the
world in-car infotainment systems market. Cloud
technology has improved system response time of
in-car infotainment systems. However, lack of
seamless connectivity and complexity of in-car
infotainment devices have restrained the growth
of the market. Integration of cloud services in
in-car infotainment systems facilitates the
streaming of media, online system software update
and information access.  
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The in-car infotainment systems market is
segmented into OEM and aftermarket installations
on the basis of type of installation. OEM
installation segment comprises pre-installed
in-car infotainment systems delivered by car
manufacturers to customer. For instance, Ford
motors offer already installed in-car
infotainment systems in its cars. The aftermarket
in-car infotainment system providers include
third party vendors of in-car infotainment
systems. Moreover, the aftermarket installation
market offers low-cost customization and
upgradation of obsolete in-car infotainment
systems. The component market is segmented into
hardware and software. Hardware market is further
sub segmented into four different types namely,
audio unit, display unit, connectivity and
others. The other segment includes climate
control, Bluetooth and interactive voice
recognition (IVR). Software market is expected to
grow at a significant rate, since it offers a
wide range of advanced features pertaining to
in-car infotainment systems.
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The world in-car infotainment market is segmented
on the basis of geographical regions,
encompassing North America, Europe, Asia-Pacific
and LAMEA. Europe is anticipated to be the
largest market for in-car infotainment systems.
The in-car infotainment market in Asia-Pacific
region accounted for 28.1 share of the overall
in-car infotainment market revenue and is
estimated to grow at a prominent CAGR of 16.4
during 2016 - 2022. Increasing purchasing power
of consumers, ease-of-access and technological
advancements in Asia-Pacific would foster the
adoption of in-car infotainment systems in this
region. This region would witness the highest
growth rate whereas, LAMEA is expected to grow
at a moderate growth rate during the forecast
period. The key market players are Panasonic
Corp., Harman International Industries,
Bayerische Motoren Werke AG (BMW), Alpine
Electronics, Inc, Audi Ag, Continental Ag,
Daimler Ag, Ford Motor Company, Garmin Ltd.,
General Motors, Intel Corporation, Jvc Kenwood
Corporation, Kpit Cummins, Fujitsu Ten Ltd.,
Delphi Automotive PLC, Denso Corporation and
others.
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POTENTIAL BENEFITS FOR STAKEHOLDERS   This
report forecasts the prospects of the world
in-car infotainment market based on the market
trends in the 2015 The report provides a
competitive scenario of the world in-car
infotainment market with current and future
growth trends, structure, driving factors, scope,
opportunities and challenges The report includes
a comprehensive analysis of market segments to
provide insights about market dynamics Porters
five forces model analysis provides inputs on
potential of buyers and suppliers while
highlighting the competitive structure of the
market that would enable market players to devise
effective growth strategies while facilitating
better decision-making Value chain analysis
provides key inputs on role of all stakeholders
at various stages of the value chain SWOT
analysis of key market players highlight
essential strengths and opportunities in the
market  
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• MARKET BY COMPONENTS
• Hardware
• Audio
• Display
• Connectivity
• Others
• Software
•  
•  

• MARKET BY GEOGRAPHY
• North America
• Europe
• Asia-Pacific
• LAMEA

• IN-CAR INFOTAINMENT MARKET KEY SEGMENTS
•  
• The market is segmented based on installation
  type, component and geography
•  
•  

• MARKET BY INSTALLATION TYPE
• OEM
• Aftermarket

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• KEY PLAYERS
• Bayerische Motoren Werke AG (BMW)
• Panasonic Corporation
• Harman International Industries
• Fujitsu Ten Ltd.
• Delphi Automotive PLC
• Denso Corporation
• Ford Motor Company
• General Motors Company
• Audi AG
• Visteon Corporation

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World In-Car Infotainment Market - Opportunities
and Forecasts, 2015 - 2022
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
World In-Car Infotainment Market - Opportunities
and Forecasts, 2015 - 2022 and future
opportunities are provided in the report.
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Infotainment Market Report