New York, According to a new market research report published by Global Insight Services “In-vehicle Infotainment Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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In-vehicle infotainment (IVI) is a system that allows drivers and passengers to interact with the vehicle’s electronic systems using input and output devices. The input devices can include a touch screen, voice recognition, physical buttons, and knobs. The output devices can include a display screen, speakers, and haptic feedback. IVI systems can provide a variety of functions, such as navigation, climate control, entertainment, and vehicle diagnostics.
IVI systems are becoming increasingly popular as automakers strive to provide a more connected and user-friendly experience for drivers and passengers. Many IVI systems are now equipped with internet connectivity, allowing users to access online content and services while on the go. Some IVI systems also offer integration with smartphone apps, allowing users to control various functions of the system using their phones.
Key Trends
1. Increased connectivity: In-vehicle Infotainment systems are becoming increasingly connected, with many new vehicles now offering built-in WiFi hotspots and support for apps and services such as Spotify and Apple CarPlay.
2. Improved usability: In-vehicle Infotainment systems are becoming easier to use, with many manufacturers now offering touchscreens and voice-controlled interfaces.
3. Enhanced safety: In-vehicle Infotainment systems are being designed with safety in mind, with features such as hands-free calling and text messaging becoming more common.
Key Drivers
The key drivers of the In-vehicle Infotainment market are the increasing demand for enhanced safety features in vehicles, the need for better connectivity and entertainment options, and the increasing adoption of advanced technologies.
The In-vehicle Infotainment market is expected to grow significantly in the next few years owing to the increasing demand for enhanced safety features in vehicles.
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Key Market Segments
The In-vehicle infotainment market report is bifurcated on the basis of component, form, operating system, vehicle type, connectivity and region. On the basis of component, it is segmented into display unit/infotainment unit, control panel, telematics control unit, head-up display and others. Based on form, it is segmented into embedded, tethered, integrated. By operating system, it is categorized into android, QNX, microsoft, linus. By connectivity, it is divided into 3G,4G,Wi-Fi,bluetooth and others. By vehicle type, it is sub-segmented into passenger car, light commercial vehicle (LCV), heavy commercial vehicle (HCV) and Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Market Players
The in-vehicle infotainment market report includes key players such as Garmin Ltd, Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Corporation, Robert Bosch GmbH, Mitsubishi Electric Corporation, TomTom N.V. , Denso Corporation, Faurecia SA (Clarion Co., Ltd.), Pioneer Corporation, Alps Alpine Co., Ltd.
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Reasons to buy In-vehicle Infotainment Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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