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Automotive Infotainment System Market 2023 Driving Factors Forecast Research 2029

04-27-2023 09:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Automotive Infotainment System Market

Automotive Infotainment System Market

The automotive infotainment system is the integration of navigation and entertainment system that allows these systems for accessing the audio controls and displays of the vehicle. This allows navigation for interrupting the entertainment system and communicating important driver information such as directions or traffic information. Government rules and regulation are playing a major role in the growth of the automotive infotainment system; for instance, it is mandatory for all new cars sold in the European Union (EU) to be fitted with the eCall technology. Further, the European Parliament in 2019, mandated speed limiters in all the new cars that will use GPS data and possibly traffic sign recognition for determining the speed limit of a road and then limit engine power to match that speed. Moreover, various companies are involved in the development of novel technology for the infotainment system. For instance, in December 2018, LG Electronics collaborated with Audioburst for building next cutting-edge in-car infotainment systems for leading automakers.

Get Free Sample link @ https://www.omrglobal.com/request-sample/automotive-infotainment-system-market

The global automotive infotainment system market is further analyzed on the basis of geographical regions, including North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is estimated to exhibit significant growth in the global automotive infotainment system market in 2018. The region is considered as a major consumer of automotive with China being the largest consumer of automotive across the globe. Moreover, there are several American and European companies such as Audi, Tesla, and BMW, that have set-up their manufacturing units in India and China due to affordable infrastructure at lower prices in the region. For instance, the electric car manufacturer Tesla had decided to build a manufacturing unit in Shanghai in October 2017. Therefore, the stronger base of automotive consumers coupled with rising urbanization has propelled the adoption rate of automotive infotainment systems in Asia-Pacific. Furthermore, Europe is projected to contribute significantly in the global automotive infotainment system market during the forecast period. The automotive manufacturing industry in the region is growing exuberantly; with UK, Germany, and Norway being the major counties in the region. Moreover, a transition towards electric car has been seen in the region, which is anticipated to drive the market growth in Europe in near future.

full report of Automotive Infotainment System Market available @ https://www.omrglobal.com/industry-reports/automotive-infotainment-system-market

• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

The Report Automotive Infotainment System Market Segmentation
By Installation Type
• Original Equipment Manufacturer (OEM)
• Aftermarket

By Product Type
• Navigation System
• Display Unit
• Audio System
• Others (E-call Services)

By Vehicle Type
• Commercial Vehicle
• Passenger Cars

By Connectivity
• Bluetooth
• Wi-Fi
• Others (NFC)

By Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America

The Report Covers:
• Comprehensive research methodology of the global automotive infotainment system market.
• This report includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global automotive infotainment system market.
• Insights about market determinants which are stimulating the global automotive infotainment system market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-infotainment-system-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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