Bluetooth in Automotive Market is driven by increasing demand for better connectivity and infotainment features in vehicles | NXP Semiconductors, Toshiba Corp., Qualcomm Incorporated, Nordic Semiconductor

New York, According to a new market research report published by Global Insight Services Bluetooth in Automotive Market is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Bluetooth in automotive is a system that allows drivers to wirelessly connect their phones to their car's infotainment system. This allows drivers to make hands-free calls, stream music, and access other phone features while driving. Bluetooth is a safe and convenient way to use your phone while driving, and it can help you stay focused on the road.

Key Trends

There are three key trends in Bluetooth in Automotive technology:

1. Increased adoption of Bluetooth by car manufacturers

Bluetooth is increasingly being adopted by car manufacturers as a way to connect vehicles and drivers with their smartphones. Many new cars now come with Bluetooth built-in, and more manufacturers are offering it as an option.

2. The development of new Bluetooth features and applications

As Bluetooth adoption has increased, so has the development of new features and applications. These include hands-free calling, music streaming, and navigation.

3. The growth of the aftermarket Bluetooth industry

There is a growing industry of aftermarket Bluetooth products and services. These products and services allow drivers to add Bluetooth to their car, even if it didn't come with it originally.

Key Drivers

The key drivers of Bluetooth in Automotive market are:

-The increasing demand for better connectivity and infotainment features in vehicles.
-The need for a more efficient and safer way to control in-car systems.
-The increasing popularity of hands-free devices and the need for a more seamless way to use them in the car.
-The need to reduce distracted driving and the potential for Bluetooth to help with that.
-The increasing number of states and countries that are enacting hands-free laws.
-The increasing number of new cars that are coming equipped with Bluetooth as a standard feature.

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Market Segments

The Bluetooth in Automotive Market is segmented on the basis of type, application, and region. Based on type, the market has been divided into Bluetooth 4.0, Bluetooth 4.x, Bluetooth 5.x, and others. Based on application, the market has been divided into cordless desktop, beacon, human interface devices, automatic synchronization, multimedia transfer, and others. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Bluetooth in Automotive Market report includes players such as NXP Semiconductors, Toshiba Corp., Qualcomm Incorporated, Nordic Semiconductor, Microchip Technology Inc., STMicroelectronics, Texas Instruments Incorporated, MediaTek Inc., Maxim Integrated, and Silicon laboratories Inc.

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Reasons to buy Bluetooth in Automotive Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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This release was published on openPR.