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New Market Report: In-Vehicle Infotainment Market - Forecast to 2022



22.11.2017 00:21:20 - New Transportation market report from Markets and Markets: "In-Vehicle Infotainment Market - Forecast to 2022 "

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In-Vehicle Infotainment Market by Component (Info Unit, Control Panel, HUD, TCU), Type(Embedded, Tethered, Integrated), Service(Entertainment, Navigation, Diagnostic, eCall), Operating System, Connectivity, Electric & ICE Vehicle & Region - Forecast to 2022

"Increased penetration of infotainment units

 

to upsurge the in-vehicle infotainment industry"

The in-vehicle infotainment market, by value, is projected to grow at a CAGR of 11.79% from 2017 to 2022, to reach USD 30.47 billion by 2022. The key factors driving the market growth include increasing penetration of infotainment systems in low to mid-segment vehicles, safety and security concerns, and government regulations. The rapid growth of the electric vehicles market is also expected to boost the demand for in-vehicle infotainment systems as these systems are offered as standard equipment in most of the electric cars.

On the other hand, the major factors hindering the market growth of in-vehicle infotainment systems are the high cost of infotainment units and availability of low-cost aftermarket alternatives.

"Embedded infotainment units to witness the fastest growth during the forecast period"

The market for embedded infotainment units is projected to grow at the highest CAGR, in terms of value, during the forecast period. The increasing demand for in-built navigation and software as well as growing concerns about cyber security are the main growth drivers for the embedded infotainment market.

"Infotainment unit is expected to be the largest market segment in the in-vehicle infotainment market"

The infotainment unit is the most expensive component of the in-vehicle infotainment system. As a result, the infotainment unit is estimated to be the largest market in the in-vehicle infotainment market, by component. The growth can be attributed to the high penetration level of infotainment units in developed regions as well as increasing penetration in developing regions.

"Europe to dominate the market growth"

Europe is estimated to see the fastest growth of the in-vehicle infotainment market, in terms of value. This growth is primarily driven by the telematics mandates of the European Union, which make it mandatory for car makers to install the telematics control unit in all passenger cars from 2018.

The study contains insights provided by various industry experts. The break-up of the primaries is as follows:

* By Company Type - Tier-1 - 60%, OEM - 30%, and Tier 2 - 10%
* By Designation - C level - 50%, D-level - 30%, and Others - 20%
* By Region - Europe - 40%, and Asia-Oceania - 20%, North America - 30%, RoW - 10%

The key players in the in-vehicle infotainment market are profiled in the study. These include Alpine Electronics Inc. (Japan), Garmin Ltd. (U.S.), Pioneer Corporation (Japan), HARMAN International (U.S.), Panasonic Corporation (Japan), Clarion (Japan), TomTom International BV (Netherlands), Mitsubishi Electric Corporation (Japan), Continental AG (Germany), Robert Bosch GmbH (Germany), Delphi Automotive (U.K.), Denso Corporation (Japan), Visteon Corporation (U.S.), and JVCKenwood Corporation (Japan).

Research Coverage

The in-vehicle infotainment market is segmented by component (infotainment unit, control panel, head-up display, and Telematics control unit), form factor (embedded, tethered, and integrated), vehicle type (passenger car, LCV, and HCV), alternate fuel vehicles (BEV, HEV, and PHEV), services (entertainment services, navigation services, e-call services, vehicle diagnostic services, and other services), Operating system (Linux, QNX, Windows, and Others), and connectivity (3G, 4G, 5G, Bluetooth, and Wi-Fi).

Reasons to Buy the Report:

The report provides insights concerning the following points:

* Market Development: The report offers comprehensive information about lucrative emerging markets. The report analyzes the markets for in-vehicle infotainment across regions.
* Product Development/Innovation: The report provides detailed insights into R&D activities, upcoming technologies, and new product launches in the global in-vehicle infotainment market.

Browse our complete collection of Transportation research reports at www.fastmr.com/catalog/browse.aspx?category=20&a ..

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Author:
Bill Thompson
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Web: http://www.fastmr.com
Phone: 1.413.485.7001


 

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