The global Automotive Infotainment market size is expected to be worth around US$ 20.7 billion by 2030, according to a new report by Vision Research Reports.
The global Automotive Infotainment market size was valued at US$ 10.8 billion in 2020 and is anticipated to grow at a CAGR of 11.7% during forecast period 2021 to 2030.
Report Coverage
Report Scope | Details |
Market Size | USD 20.7 billion by 2030 |
Growth Rate | CAGR of 11.7% From 2021 to 2030 |
Base Year | 2020 |
Historic Data | 2017 to 2020 |
Forecast Period | 2021 to 2030 |
Segments Covered | Product type, Fit type, Vehicle type |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Alpine Electronics; Clarion Co., Ltd.; Continental AG; Delphi Automotive PLC; Denso Corporation; Harman International; JVC KENWOOD Corporation; Panasonic Corporation; Pioneer Corporation; Visteon Corporation |
Growth Factors
The increasing demand for technology, automotive cockpit electronics, and advanced safety features such as advanced driver assistance systems is anticipated to drive the growth. The growing demand for enhanced in-vehicle experience and shifting consumer buying behavior and the worldwide expansion of the luxury and premium car segments are also likely to fuel the growth of the market.
The growing number of millennials opting for small and medium-sized cars is expected to boost the growth of the market growth. Furthermore, consumers are inclined to buy these cars, compared to premium cars, owing to their cost-effectiveness. In addition to this, the introduction of medium-sized SUVs has further encouraged the market growth as consumers can buy a bigger-sized vehicle at a lower cost.
Report Highlights
The communication unit segment accounted for the largest share of around 28% of the overall market volume in 2020. Communication units have become reliable due to the introduction of the 4G LTE network, which allows advanced onboard features such as hands-free calling, 3D navigation, media streaming, and satellite radio.
The head-up display segment is projected to expand at a CAGR of over 10.5% over the forecast period. A head-up display is a transparent display that displays information directly in the driver's line of sight.
The OE fitted segment accounted for the largest revenue share of around 72% of the overall market in 2020. OE fitted products are expensive and present less scope of customization as they are standardized. They can be procured through authorized dealers and distributors.
The aftermarket segment is expected to expand at a CAGR exceeding 6% from 2021 to 2030. Aftermarket suppliers of automotive infotainment systems offer these products at a low cost and this is expected to enhance the demand for aftermarket systems.
The commercial vehicles segment is projected to register a CAGR of over 11.8% over the forecast period. The increasing demand for commercial vehicles and the growing focus of automotive companies on including vehicle-to-vehicle communications in vehicles for fleet management are expected to boost the demand for automotive infotainment solutions, thus propelling the segment growth.
The Asia Pacific region accounted for the largest revenue share of the overall market in 2020. It is anticipated to continue to dominate over the forecast period with a CAGR exceeding 12.2%. This growth can be attributed to the growing sales and production of passenger cars in the region.
Key Players
Alpine Electronics
Clarion Co., Ltd.
Continental AG
Delphi Automotive PLC
Denso Corporation
Harman International
JVC KENWOOD Corporation
Panasonic Corporation
Pioneer Corporation
Visteon Corporation
Market Segmentation
Product Type
Audio Unit
Display Unit
Heads-Up Display
Navigation Unit
Communication Unit
Fit Type
OE Fitted
Aftermarket
Vehicle Type
Passenger Cars
Commercial Vehicles
Regional
North America
U.S.
Canada
Europe
Germany
U.K.
Spain
Asia Pacific
China
Japan
India
Latin America
Brazil
Mexico
Middle East & Africa
The Automotive Infotainment market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Automotive Infotainment market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Automotive Infotainment market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive Infotainment market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Automotive Infotainment market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Automotive Infotainment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Automotive Infotainment by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Automotive Infotainment market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Automotive Infotainment market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Automotive Infotainment market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Automotive Infotainment industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Automotive Infotainment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Automotive Infotainment market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Automotive Infotainment market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Automotive Infotainment market. These factors have benefited the growth of the global market for Automotive Infotainment. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Automotive Infotainment. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Automotive Infotainment are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Automotive Infotainment Market, By Product Type
7.1. Automotive Infotainment Market, by Product Type, 2021-2030
7.1.1. Audio Unit
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Display Unit
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Heads-Up Display
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Navigation Unit
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Communication Unit
7.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Automotive Infotainment Market, By Fit Type
8.1. Automotive Infotainment Market, by Fit Type, 2021-2030
8.1.1. OE Fitted
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Aftermarket
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Automotive Infotainment Market, By Vehicle Type
9.1. Automotive Infotainment Market, by Vehicle Type, 2021-2030
9.1.1. Passenger Cars
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Commercial Vehicles
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Automotive Infotainment Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.1.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.1.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.1.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.1.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.2.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.2.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.2.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.2.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.2.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.2.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.3.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.3.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.3.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.3.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.3.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.3.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.4.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.4.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.4.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.4.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.4.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.5.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.5.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Fit Type (2017-2030)
10.5.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
Chapter 11. Company Profiles
11.1. Alpine Electronics
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Clarion Co., Ltd.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Continental AG
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Delphi Automotive PLC
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Denso Corporation
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Harman International
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. JVC KENWOOD Corporation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Panasonic Corporation
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Pioneer Corporation
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Visteon Corporation
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms