Press release
Automotive Infotainment Market Forecasts Accruals of USD 34,251.0 Million by the end of 2022 at 6.36% CAGR
Market Synopsis of Automotive Infotainment Market:
The growth of automotive industry leads to the increase in demand for automotive infotainment systems. Rising production and sales of vehicles are likely to result in increased usage of these systems. Factors such as growing demand for luxury and value added features such as smartphones and embedded infotainment systems, open-source and standard platforms for application development and other are some of the factors driving the automotive infotainment market. Moreover, open-source and standard platforms for application development, and the rising demand for infotainment systems in mass production of vehicles, is pushing the market towards growth.
The growing consciousness about data security, and lack of awareness of its functions & benefits, however may hamper the growth of the market, significantly.
The market is expected to reach a market size of USD 34,251.0 Million by the end of the forecast period at CAGR of 6.36%.
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Regional Analysis:
North America accounted for the largest market share of 29.00% in 2016, with a market value of USD 6,496.0 million and is projected to grow at a CAGR of 6.49% during the forecast period. U.S. had been dominating the automotive infotainment market in the Americas in 2016, in terms of value; is expected to maintain its dominance during the forecast period. QNX operating system accounted for the largest market share of 49.18% in 2016.In 2016, Asia-Pacific was the second-largest market, valued at USD 5,936.0 million; projected to grow at the highest CAGR of 6.79%.
Key Players
The major player operating in the global automotive infotainment market are Alpine Electronics, Inc. (Japan), Continental AG (Germany), Harman International Industries Inc. (U.S.), Panasonic Corporation (Japan), Pioneer Electronics (U.S.), DENSO CORPORATION (Japan), Garmin Ltd (Switzerland), KENWOOD Corporation (Japan), Delphi Automotive PLC (U.K.) and ALLGo Embedded Systems Pvt Ltd (India).
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Target Audience
• Organizations
• Manufacturer
• Research Institute / Education Institute
• Potential Investors
The report for Global Automotive Infotainment Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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