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Automotive Infotainment Systems Market Segments and Insights | Size, Share, Current Development Trends, Analysis Of Top Key Players and Forecast 2021 to 2027 | Alpine Electronics, Clarion Co. Ltd., Continental AG
Report Ocean publishes a new report on the global Automotive Infotainment Systems Market. The global Automotive Infotainment Systems Market calculation is based on a combination of information from first-hand sources, qualitative and quantitative assessments from industry analysts, input from experts and participants across the value chain.Global Automotive Infotainment Systems Market to reach USD 42.85 billion by 2027. Global Automotive Infotainment Systems Market is valued at approximately USD 25 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8 % over the forecast period 2021-2027.
Automotive infotainment devices include systems for fuel efficiency, safety, connection, navigation, and audio, as well as systems for entertainment and information. Improvements in the electronics and telecommunication industries have led to the development of automotive infotainment devices that direct customer priorities based on maintenance, navigation, and safety. Previously, data related to climate and news radio was implemented in cars; however, improvements in the electronics and telecommunication industry have led to the development of automotive infotainment devices that direct customer priorities based on maintenance, navigation, and safety. With the increased use of electronic devices, IVI (in-vehicle infotainment) has seen rapid expansion in recent years. In vehicles, infotainment systems are widely utilized.
Automotive navigation systems are GPS-based satellite navigation systems that are used in vehicles. However, the rising need for safety, enhanced comfort, and convenience in automobiles, which includes features including smartphone connectivity, on-demand music, live audio streaming, and other entertainment services, is boosting demand for automotive infotainment systems. Additionally, technical advancements in these systems, including as speech recognition, enhanced visual user interfaces, and intuitive touchscreens, are projected to fuel market expansion throughout the projection period. For instance, Mitsubishi Motors Corporation, Nissan Motor Co. Ltd, and Groupe Renault, for example, have opted to use Google Inc.'s Android operating system (OS) in their next-generation infotainment systems beginning in 2021. In addition, starting with the new Crown model in 2018, Toyota Motor Corporation integrated digital apps such as Line to its T-Connect infotainment system in Japan.
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The report includes an in-depth analysis of macroeconomic indicators, market trends, and governing factors, as well as market attractiveness by segment. A qualitative impact map of different market factors appears in the report. A study of the impact of COVID-19 (Corona Virus) on the product industry chain is analyzed based on upstream and downstream markets, on various regions and countries, and the future development of the industry is forecast.
Report on the Global Automotive Infotainment Systems Market aim to enable readers to understand the market and competitive landscape in a way that supports better decision-making. This report includes an overview of participants' financial results, including revenue results, sales volume, gross margin, capital investment, and the global Automotive Infotainment Systems Market growth rate.
The researchers collect market demand and size information and validate it with market experts. This study also explores the geographical distribution of the Automotive Infotainment Systems Market. The market studies provide information about the industry to top manufacturers, distributors, traders, and dealers. It will offer an overview of the product, the market, the market driving force, the risk & opportunities, and the research findings.
Impact Analysis of COVID-19
• The report examines in detail the impact of Covid-19 on the Automotive Infotainment Systems Market
• The Covid-19 outbreak has caused thousands of illnesses worldwide, and the World Health Organization has declared it a global health emergency. Coronavirus disease, which already affects these groups, will have an impact on Automotive Infotainment Systems Market segments.
• The economic damage is already evident and represents the world's worst economic shock in decades as the health and human toll rise.
• Several undesirable outcomes can occur in chaotic situations, including restaurant closing, flight canceling, travel restrictions in place, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.
The study covers the fundamental aspects of the Global Automotive Infotainment Systems Market, including its future prospects and competitive landscape, in great detail. A Porter's Five Forces analysis of the Automotive Infotainment Systems Market provides insights into the factors influencing its growth. Accordingly, this market study breaks down the Automotive Infotainment Systems Market into segments, regions, and players to present a clear picture of the current market environment. Research also covers macroeconomics and microeconomics. In the report, several graphs, charts, and tables appear effectively.
Regional Overview
The Automotive Infotainment Systems Market study gives a comprehensive look at country-level segments classified as potentially high-growth areas, countries with the highest market share, and countries with the most potential growth. The Automotive Infotainment Systems Market study includes regional break-ups like North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.
Leading Competitors
The leading prominent competitors in the global Automotive Infotainment Systems Market are:
Alpine Electronics
Clarion Co. Ltd.
Continental AG
Delphi Automotive PLC
Denso Corporation
Harman International
JVC KENWOOD Corporation
Panasonic Corporation
Pioneer Corporation
Visteon Corporation
Scope of the Report
The global Automotive Infotainment Systems Market segmentation focuses on:
By Installation type:
In-dash infotainment
Rear-seat infotainment
By Vehicle type:
Passenger car
Commercial vehicle
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