In-Car Infotainment Market | The Future of Connected Software & Infotainment in Cars
Download Report Sample (222 Pages PDF Brochure) At https://www.alliedmarketresearch.com/request-sample/709
According to a recent report published by Allied Market Research, titled, "In-car infotainment Market by Installation Type and Component: Global Opportunity Analysis and Industry Forecast, 2019-2026." The global in-car infotainment market was valued at $11.14 billion in 2018, and is projected to reach $21.53 billion by 2026, registering a CAGR of 8.3% from 2019 to 2026. By installation type, the aftermarket segment was the highest contributor to the market in 2018, accounting for $6.30 billion and is estimated to reach $11.0 billion by 2026, registering a CAGR of 6.9% during the forecast period. In 2018, the in-car infotainment market share accounted highest for the Asia-Pacific region.
The key players analyzed in the in-car infotainment market report include Panasonic Corporation, Visteon Corporation., Ford Motor Company, Harman International Industries, Audi AG, Continental AG, Bayerische Motoren Werke AG (BMW), Volkswagen Group., Alpine Electronics, Inc., and Pioneer Corporation.
Make More Inquiry About This Report At https://www.alliedmarketresearch.com/in-car-infotainment-market
The Asia-Pacific e region is expected to dominate the market, followed by Europe, North America, and LAMEA. In Asia-Pacific, Japan dominated the in-car infotainment market in 2018, whereas rest of Asia-Pacific is expected to grow at a significant rate during the forecast period.
The company named Panasonic Automotive announces the next generation Android(TM) 9.0-Powered In-Vehicle Infotainment Experience (IVX). These advanced integration features include faster integration HMI response times, more vehicle system integration, a digital cluster supportive of Google Automotive Services (GAS), continued integrative support for the "Hey Google voice assistant" and Google Maps which all run natively on Android powered Skip Generation (Skip Gen) IVI. Such innovative steps from multiple companies helping boost the in-car infotainment market share.
Browse Complete Report & TOC At https://www.alliedmarketresearch.com/in-car-infotainment-market
The automotive industry is changing at a rapid pace due to globalization. Therefore, increase in connected vehicle, development of autonomous vehicle, and advance facilities in car are some of the factors that drive the growth of the in-car infotainment market.
Developing countries such as China and Brazil are the most promising countries for the automotive sector, owing to increase in development and adoption of latest technologies used for vehicles. In the recent years, consumers have shifted their interest toward technologically advanced, safe, and secured transportation service-based vehicles for various applications in the automotive industry. The report study presents analytical depiction of the in-car infotainment market analysis along with the current trends and future estimations to depict the imminent investment pockets.
In-car Infotainment Market to Garner $21.53 Bn by 2026 at 8.3% CAGR, Says Allied Market Research | https://www.prnewswire.com/news-releases/in-car-infotainment-market-to-garner-21-53-bn-by-2026-at-8-3-cagr-says-allied-market-research-300993480.html
The boom in smartphone industry and aggrandized use of cloud technology significantly boost the growth of the global in-car infotainment market. It has improved system response times when interacting with infotainment systems.
However, lack of seamless connectivity and complexity of in-car infotainment devices limit 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. Such restraining factors impede the growth rate of the market.
Furthermore, rise in consumer demand for luxurious features and increase in demand for passenger car, facility of personalized infotainment system, and trend of using connect car devices are some parameters that ensure emerging growth opportunities for this market globally.
Many companies are conducting R&D activities to provide advance features inside the vehicle. For instance, Visteon Corporation a leading cockpit electronics supplier, is supplying its latest infotainment system and hybrid instrument cluster technology on the new Mahindra Marazzo, launched in September 2018. Visteon's infotainment system features include a 7-inch capacitive touchscreen with haptics, CarPlay, Android Auto, voice-activated controls, native navigation, EcoSense to rank driving patterns, audio with emergency calling, Bluetooth? and a host of other features to provide a best-in-class user experience.
Key Findings of the Study:
o In 2018, by installation type, the aftermarket type segment generated the highest revenue.
o In 2018, by component type, the hardware segment was the highest revenue contributor.
o In 2018, by hardware component type, the video segment was the highest revenue contributor.
o In 2018, region-wise, Asia-Pacific contributed the highest revenue, followed by Europe, North America, and LAMEA.
Similar Reports We Have:
Automotive RADAR Market | https://www.alliedmarketresearch.com/press-release/automotive-RADAR-market.html
Automotive Interiors Market | https://www.alliedmarketresearch.com/press-release/automotive-interiors-market.html
Connected Car Market | https://www.alliedmarketresearch.com/press-release/connected-cars-market-is-expected-to-reach-141-billion-globall-by-2020-allied-market-research.html
Car GPS Navigation System Market | https://www.alliedmarketresearch.com/press-release/car-GPS-navigation-system-market.html
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release In-Car Infotainment Market | The Future of Connected Software & Infotainment in Cars here
News-ID: 1954788 • Views: 709
More Releases from Allied Market Research
Electric Passenger Car Traction Motor Market Growth 2027 – Key drivers, Busine …
Traction motor produces resistance between two surfaces with or without using electricity. An electric passenger car traction motor is a vital component which is used for extracting electricity from the battery pack. Traction motor is installed in electric passenger vehicles to provide rotation torque for the movement of the car. Furthermore, stringent emission discharge norms and regulations drives the demand for electric passenger car. Moreover, quick expansion of EV charging
Electric Passenger Car Lithium-Ion Battery Management System Market Analysis of …
Electric passenger car has gained a considerable consumer popularity & acceptance in the past few years. Major improvements in the performance of an electric passenger car such as high acceleration rate and long driving range after a single charge have been boosting the demand for electric passenger vehicle. Further, a lithium-ion battery (LIB) is a type of rechargeable battery, which is popularly used in the field of electric passenger vehicles
Electric Bus Door System Market Trending Technologies, Developments, Key Players …
Buses have had a strong place in the transportation industry since the 1830s when the first steam bus was introduced in London. Since the year 1830, buses are considered as the most common mode of public transportation in almost every country across the world. Electric bus door system is an assembly of interconnected mechanisms which utilizes the power of electricity to automatically open the door. Furthermore, the electric bus
Commercial Vehicle & Off-Highway RADAR Market Trends, Segments, Emerging Technol …
Commercial & off-highway vehicles are large and utilized for multiple tasks such as transport of goods, mining, excavation, and others. Due to their large sizes and complicated applications, these vehicles are prone to accidents. Safety concerns increase with a high number of blind spots, thereby propelling the use of RADARs in these vehicles to alert the driver of various threats. In addition, safety & security has become a topmost priority
More Releases for Infotainment
Global Bicycle Infotainment Systems Market
Research Trades recently introduced new title on “Global Bicycle Infotainment Systems Market Research Report” offers a comprehensive and detailed insight into the current and future industry developmental trends, key market dynamics, regulatory framework in different countries, market challenges, winning strategies, and detailed market segmentation & forecast of major manufacturers and vendors. Request Sample Copy of Report @ https://www.researchtrades.com/request-sample/1677325 In 2019, the market size of Bicycle Infotainment Systems is million
Global Marine Infotainment Market 2017-2021
The latest industry research report on Marine Infotainment by MRC provides a thorough analysis of the Marine Infotainment market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. This report provides 360 Degree perspective of the Marine Infotainment industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative analysis
Global Motorcycle Infotainment System Market 2012- 2022
Summary Based on products type, the report describes major products type share of regional market. Products mentioned as follows: By Type Two-wheeler Motorcycles Trikes Based on region, the report describes major regions market by vendor, products and Channel. Regions mentioned as follows: Europe North America China Korea & Japan Based on Channel, the report describes major Channel share of regional market. Channel mentioned as follows: OEM Aftermarket Leading vendors in the market are included based on sales; price, sales regions, products and profile
Global Automotive Infotainment Market 2016-2020
Infotainment is an amalgamation of information and entertainment. In-car entertainment has evolved over the years. Conventional vehicle entertainment systems included radio, cassettes, and CDs. However, infotainment systems came into picture owing to the advances in technology and growing demand for personalized entertainment, navigation, and in-vehicle connectivity. Infotainment systems are a combination of software and hardware devices installed in automobiles that provide audio, video, and other contents. These systems are embedded
OpenSynergy joins GenIVI Infotainment Alliance
Infotainment Alliance first interest in virtualization Berlin, 11. June 2009 OpenSynergy joins the Infotainment Alliance GenIVI as an Associate Member. GenIVI was founded by leading car manufacturers and suppliers. In particular the company is going to introduce its long-term experience in areas like Infotainment, Connectivity and AUTOSAR to the Alliance. OpenSynergy will play a significant role in faster adapting development results from open source and standard software to the requirements of