Market Research Future Insights
The in-car infotainment market refers to the range of systems and technologies that provide entertainment, information, and communication services to drivers and passengers in a vehicle. These systems typically include audio and video entertainment, navigation, communication, and connectivity features.
The in-car infotainment market is segmented by type, installation type, and component. By type, the market is divided into OEM and aftermarket infotainment systems. OEM systems are installed by automakers during the production of vehicles, while aftermarket systems are installed by third-party vendors. By installation type, the market is divided into integrated and embedded infotainment systems. By component, the market is segmented into hardware, software, and services.
According to MRFR analysis, the global In-car infotainment market is expected to register a CAGR of ~8% from 2022 to 2030 and hold a value of over USD 15000 million by 2030.
In-car infotainment refers to the entertainment and communication systems found in modern vehicles, including features such as audio systems, navigation systems, internet connectivity, and other digital technologies. These systems are designed to enhance the driving experience and provide drivers and passengers with access to a range of information and entertainment options while on the road.
The COVID-19 pandemic has had a mixed impact on the in-car infotainment market. The decline in global automotive production and the slowdown in the global economy as a result of the pandemic have reduced demand for in-car infotainment systems. On the other hand, the increasing demand for advanced and connected vehicles, which require sophisticated infotainment systems, is expected to continue driving demand for these systems in the coming years.
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Regional Analysis
North America is one of the largest and most important markets for in-car infotainment systems, and it is considered to be a major player in the global in-car infotainment industry. The region has a large and mature automotive industry, as well as a rapidly developing market for connected and autonomous vehicles, both of which have driven demand for in-car infotainment systems. Additionally, the region's favorable regulatory environment and supportive government policies have made it an attractive market for manufacturers of in-car infotainment systems.
Market Segmentation
The Global In-car infotainment market has been segmented into component, vehicle type, installation, and vertical.
Based on the component, the market has been segmented into Hardware and Software.
Based on the vehicle type, the market has been segmented into Passenger cars, Light Commercial Vehicles, and Heavy Commercial Vehicles.
Based on the installation, the market has been segmented into OEM and Aftermarket.
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Key Players
Some of the key market players are Volkswagen Group, General Motors Company, Denso Corporation, Ford Motor, Harman International Industries, Visteon Corporation, BMW, Fujitsu Ten Limited, Panasonic Corporation, Delphi Automotive, Apple Inc.
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