Automotive Infotainment Market 2018 Global Analysis To 2023 By Size, Share, Trends, And Region

Automotive Infotainment Market Highlights:

Automotive Infotainment Market to Register High Growth Rate during The Forecast Period. The automotive infotainment is a collection of different hardware and software systems. These systems are primarily used in the audiovisual entertainment systems. The automotive infotainment system that has been incorporated in the automobiles has undergone a lot of change over time. The system has come a long way from the days of mono speakers and cassette players, and the radio or the transistor players to the present day systems.

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Automotive Infotainment Market Insights:

The automotive infotainment is a collection of different hardware and software systems. These systems are primarily used in the audiovisual entertainment systems. The automotive infotainment system that has been incorporated in the automobiles has undergone a lot of change over time. The system has come a long way from the days of mono speakers and cassette players, and the radio or the transistor players to the present day systems. These present-day infotainment system consists of CD players, USB players, Bluetooth players, multi-channel radio players, smartphone connection facility, stereo multi-speaker sets and LCD & LED screens. The incorporation of navigation system and the connection of automobile entertainment system to the smartphone internet connection provides further options in the infotainment system.

North America accounts for the most significant share of the global market due to the high sales of large automobiles for long distance travel. Consumers in this region tend to prefer the use of automotive vehicles for travel over public transport. Infotainment systems are particularly popular due to the fact that they offer a more comfortable travel experience. Expected to escalate at a CAGR of 6.49, the North American market is expected to grow consistently over the assessment period. Meanwhile, the Asia-Pacific is the second largest market due to the presence of a massive population which is increasingly shifting to an urban lifestyle. The consistent increase in automobile sales has been a contributor to the growth of the global market. Moreover, the region has become a significant automotive manufacturing hub, which is driving high demand for automotive infosystems.

Prominent players in MRFR's report on the global automotive infotainment system market include Harman International Industries Inc., Alpine Electronics Inc., Continental AG, Panasonic Corporation, Pioneer Corporation, and Denso Corporation among others.

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