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Infotainment Equipment In Automotive Market

Sale of Infotainment Equipment in Automotive Sector to Scale at Healthy Pace; Customizations act as Growth Catalyst

ID: PMRREP11797
Calendar

October 2016

322 Pages

Author : Jitendra Deviputra

PreviewSegmentation

Infotainment Equipment In Automotive Market: Overview

The global market for infotainment equipment in the automotive market is set to expand at a healthy pace by the end of 2025. The steep rise in the demand for entertaining driving experience and vehicle customizations steers this growth in the market. The growing awareness regarding safety and security in the functioning of vehicles also plays a vital role in the development of the landscape.

COVID-19 pandemic has hard hit the business in the automotive sector, negatively influencing the business of associated components such as infotainment equipment. With relaxations on travel and business, the business in the market is expected to resume. Buoyed by high technological advancements, North America is expected to attain a significant position in the market in the coming years.

With a rapidly growing auto infotainment navigation market, APAC and Europe are estimated to generate growth prospects by the end of the forecast period.

Prominent market players are forming alliances with OEMs to boost their market presence. They are scaling the sale of their products with the help of online distribution channels. They are exploring untapped opportunities in the scaling economies. Leading players profiled in the global market include HARMAN International, Continental AG, Delphi Automotive LLP., Garmin Ltd., FUJITSU TEN LIMITED, and DENSO CORPORATION.

Auto infotainment systems have undergone a gradual innovation and multiple inventions and have metamorphosed from mere “music only consoles” to encompass an entire range of applications that help automobile drivers and passengers to stay connected with the surroundings outside the vehicle and with entertainment within the vehicle while on the move.

With a rise in accidents and inherent security issues, automobile manufacturers and auto infotainment manufacturers are implementing various technologies such as self-dial emergency numbers during accidents, vehicle tracking systems, connected cars, etc., which are being integrated into the dashboard of automobiles.

Such technological revolution is pushing the global auto infotainment market towards a sustained growth path. The global auto infotainment market is estimated to grow 6.0% globally over the forecast period and is anticipated to reach a market valuation of US$ 31.96 Bn by 2024.

Key Market Dynamics

Factors such as growth of the automotive sector along with rising consumer inclination towards an entertaining driving experience, rise in compact passenger car sales, and increasing demand for vehicle customization among youngsters are factors expected to significantly impact the growth of the global auto infotainment market.

Some of the other factors fueling the global auto infotainment market growth are increased consumer spending on luxurious items, rising awareness of safety and security in automobile functioning, and an increasing penetration of smartphones and their active role in the day-to-day life of individuals.

However, drivers’ distraction in handling auto infotainment systems while driving and economic crisis in certain regions leading to a subsequent fall in the sales of vehicles are factors likely to restrict growth of the global auto infotainment market during the forecast period.

Segment Analysis

The global auto infotainment market is segmented on the basis of System Type (Entertainment System, Connectivity System, Driver Assistance System); Vehicle Type (Passenger Cars, Light Commercial Vehicle, High Commercial Vehicle); and Sales Channel (OEM, Aftermarket). The Entertainment System type segment is estimated to be valued at US$ 13.50 Bn by 2016 end and is expected to register a value CAGR of 4.6% during the forecast period.

The Passenger Cars vehicle type segment is estimated to register a CAGR of 6.8% over the forecast period. The Passenger Cars segment is anticipated to register a higher CAGR as compared to the Light Commercial Vehicle segment. The Aftermarket sales channel segment is likely to exhibit a higher CAGR in terms of value as compared to the OEM sales channel segment.

The OEM segment is estimated to account for 79.8% value share by the end of 2016 and is expected to register a CAGR of 6.2% over the forecast period.

auto infotainment market

Regional Analysis

The global auto infotainment market is segmented into five main regions – North America, Latin America, APAC, Europe, and Middle East & Africa. North America is estimated to account for a market share of 26% of the global auto infotainment market by the end of 2016.

The APAC auto infotainment market is projected to exhibit a CAGR of 5.9% over the forecast period and account for 26.3% value share by 2024. The Europe auto infotainment market is projected to register a CAGR of 5.4% in terms of value over the forecast period and account for a  share of 19.3% in the global auto infotainment market by the end of 2024.

Companies dominating the global auto infotainment market

Continental AG, DENSO Corporation, FUJITSU TEN Limited, HARMAN International, Delphi Automotive LLP, and Garmin Ltd. are some of the top companies operating in the global auto infotainment market.

Leading market players are looking to expand their existing production facilities in emerging markets and are making strategic investments in technological innovation and R&D initiatives to increase brand equity. Companies are also focusing on diversifying their product portfolio and are moving away from single sales channels to increase market growth and profitability.

Companies Covered in Infotainment Equipment In Automotive Market

  • Continental AG
  • DENSO CORPORATION
  • FUJITSU TEN LIMITED
  • HARMAN International
  • Delphi Automotive LLP.
  • Garmin Ltd.
  • Others

Related Reports

1. Executive Summary

2. Market Introduction

    2.1. Market Taxonomy

3. Global Auto Infotainment Market Scenario

    3.1. Pricing Analysis

    3.2. Market Size (US$ Mn) and Forecast

        3.2.1. Market Size and Y-o-Y Growth

        3.2.2. Absolute $ Opportunity

    3.3. Market Overview

        3.3.1. Value Chain

        3.3.2. Profit Margin Analysis

        3.3.3. List of Integrators/manufacturers and Key Players

4. Market Dynamics

    4.1. Drivers

    4.2. Restraints

    4.3. Forecast Factors - Relevance and Impact

5. Global Auto Infotainment Market Analysis and Forecast, By System Type

    5.1. Introduction

        5.1.1. Basis Point Share (BPS) Analysis By Product Type

        5.1.2. Y-o-Y Growth Projections By Product Type

    5.2. Market Size (US$ Mn) and Volume ('000) Forecast By System Type

        5.2.1. Entertainment System

            5.2.1.1 Audio System

            5.2.1.2 Video System

        5.2.2 Connectivity System

            5.2.2.1 Hands Free Call

            5.2.2.2 USB Bluetooth

        5.2.2.3 Wifi Router

        5.2.3 Driver Assistance System (DAS)

            5.2.3.1 Traffic Message Channel (TMC)

            5.2.3.2 Adaptive Cruise Control (ACC)

            5.2.3.3 GPS

    5.3. Market Attractiveness Analysis By System Type

6. Global Auto Infotainment Market Analysis and Forecast, By Vehicle Type

    6.1. Introduction

        6.1.1. Basis Point Share (BPS) Analysis By Vehicle Type

        6.1.2. Y-o-Y Growth Projections By Product Type

    6.2. Market Size (US$ Mn) and Volume ('000) Forecast By Vehicle Type

        6.2.1. Passenger Cars

            6.2.1.1 Compact & Mid-Size Cars

            6.2.1.2 Premium Cars

            6.2.1.3 Luxury Cars

        6.2.2. LCVs

        6.2.3. HCVs

            6.2.3.1 Buses

            6.2.3.2 Trailers

            6.2.3.3 Trucks

    6.3. Market Attractiveness Analysis By Vehicle Type

7. Global Auto Infotainment Market Analysis and Forecast, By Sales Channel

    7.1. Introduction

        7.1.1. Basis Point Share (BPS) Analysis By Sales Channel

        7.1.2. Y-o-Y Growth Projections By Sales Channel

    7.2. Market Size (US$ Mn) and Volume ('000) Forecast By Sales Channel

        7.2.1. OEM

        7.2.2. Sales Channel

    7.3. Market Attractiveness Analysis By Sales Channel

8. Global Auto Infotainment Market Analysis and Forecast, By Region

    8.1. Introduction

        8.1.1. Basis Point Share (BPS) Analysis By Region

        8.1.2. Y-o-Y Growth Projections By Region

    8.2. Market Size (US$ Mn) and Volume ('000) Forecast By Region

        8.2.1. North America

        8.2.2. Latin America

        8.2.3. Europe

        8.2.4. APAC

        8.2.5. MEA

    8.3. Market Attractiveness Analysis By Region

9. North America Auto Infotainment Market Analysis and Forecast

    9.1. Introduction

        9.1.1. Basis Point Share (BPS) Analysis By Country

        9.1.2. Y-o-Y Growth Projections By Country

    9.2. Market Size (US$ Mn) and Volume ('000) Forecast By Country

        9.2.1. US

        9.2.2. Canada

    9.3. Market Size (US$ Mn) and Volume ('000) Forecast By System Type

        9.3.1. Entertainment System

        9.3.2. Connectivity System

        9.3.3. Driver Assistance System (DAS)

    9.4. Market Size (US$ Mn) and Volume ('000) Forecast By Vehicle Type

        9.4.1. Passenger Cars

        9.4.2. LCVs

        9.4.3. HCVs

    9.5. Market Size (US$ Mn) and Volume ('000) Forecast By Sales Channel

        9.5.1. OEM

        9.5.2. Aftermarket

    9.6. Market Attractiveness Analysis

        9.6.1. By System Type

        9.6.2. By Vehicle Type

        9.6.3. By Sales Channel

    9.7. Prominent Trends

10. Latin America Auto Infotainment Market Analysis and Forecast

    10.1. Introduction

        10.1.1. Basis Point Share (BPS) Analysis By Country

        10.1.2. Y-o-Y Growth Projections By Country

    10.2. Market Size (US$ Mn) and Volume ('000) Forecast By Country

        10.2.1. Argentina

        10.2.2. Brazil

        10.2.3. Mexico

        10.2.4. Rest Of Latin America

    10.3. Market Size (US$ Mn) and Volume ('000) Forecast By System Type

        10.3.1. Entertainment System

        10.3.2. Connectivity System

        10.3.3. Driver Assistance System (DAS)

    10.4. Market Size (US$ Mn) and Volume ('000) Forecast By Vehicle Type

        10.4.1. Passenger Cars

        10.4.2. LCVs

        10.4.3. HCVs

    10.5. Market Size (US$ Mn) and Volume ('000) Forecast By Sales Channel

        10.5.1. OEM

        10.5.2. Aftermarket

    10.6. Market Attractiveness Analysis

        10.6.1. By System Type

        10.6.2. By Vehicle Type

        10.6.3. By Sales Channel

    10.7. Prominent Trends

11. Europe Auto Infotainment Market Analysis and Forecast

    11.1. Introduction

        11.1.1. Basis Point Share (BPS) Analysis By Country

        11.1.2. Y-o-Y Growth Projections By Country

    11.2. Market Size (US$ Mn) and Volume ('000) Forecast By Country

        11.2.1. EU5

        11.2.2. Nordic

        11.2.3. Benelux

        11.2.4. Russia

        11.2.5. Poland

        11.2.6. Rest Of Europe

    11.3. Market Size (US$ Mn) and Volume ('000) Forecast By System Type

        11.3.1. Entertainment System

        11.3.2. Connectivity System

        11.3.3. Driver Assistance System (DAS)

    11.4. Market Size (US$ Mn) and Volume ('000) Forecast By Vehicle Type

        11.4.1. Passenger Cars

        11.4.2. LCVs

        11.4.3. HCVs

    11.5. Market Size (US$ Mn) and Volume ('000) Forecast By Sales Channel

        11.5.1. OEM

        11.5.2. Aftermarket

    11.6. Market Attractiveness Analysis

        11.6.1. By System Type

        11.6.2. By Vehicle Type

        11.6.3. By Sales Channel

    11.7. Prominent Trends

12. APAC Auto Infotainment Market Analysis and Forecast

    12.1. Introduction

        12.1.1. Basis Point Share (BPS) Analysis By Country

        12.1.2. Y-o-Y Growth Projections By Country

    12.2. Market Size (US$ Mn) and Volume ('000) Forecast By Country

        12.2.1. China

        12.2.2. Japan

        12.2.3. India

        12.2.4. ASEAN

        12.2.5. Australia & New Zealand

        12.2.6. Rest Of APAC

    12.3. Market Size (US$ Mn) and Volume ('000) Forecast By System Type

        12.3.1. Entertainment System

        12.3.2. Connectivity System

        12.3.3. Driver Assistance System (DAS)

    12.4. Market Size (US$ Mn) and Volume ('000) Forecast By Vehicle Type

        12.4.1. Passenger Cars

        12.4.2. LCVs

        12.4.3. HCVs

    12.5. Market Size (US$ Mn) and Volume ('000) Forecast By Sales Channel

        12.5.1. OEM

        12.5.2. Aftermarket

    12.6. Market Attractiveness Analysis

        12.6.1. By System Type

        12.6.2. By Vehicle Type

        12.6.3. By Sales Channel

    12.7. Prominent Trends

13. MEA Auto Infotainment Market Analysis and Forecast

    13.1. Introduction

        13.1.1. Basis Point Share (BPS) Analysis By Country

        13.1.2. Y-o-Y Growth Projections By Country

    13.2. Market Size (US$ Mn) and Volume ('000) Forecast By Country

        13.2.1. GCC

        13.2.2. South Africa

        13.2.3. Israel

        13.2.4. Turkey

        13.2.5. Rest Of MEA

    13.3. Market Size (US$ Mn) and Volume ('000) Forecast By System Type

        13.3.1. Entertainment System

        13.3.2. Connectivity System

        13.3.3. Driver Assistance System (DAS)

    13.4. Market Size (US$ Mn) and Volume ('000) Forecast By Vehicle Type

        13.4.1. Passenger Cars

        13.4.2. LCVs

        13.4.3. HCVs

    13.5. Market Size (US$ Mn) and Volume ('000) Forecast By Sales Channel

        13.5.1. OEM

        13.5.2. Aftermarket

    13.6. Market Attractiveness Analysis

        13.6.1. By System Type

        13.6.2. By Vehicle Type

        13.6.3. By Sales Channel

    13.7. Prominent Trends

14. Competition Landscape

    14.1. Competition Dashboard

    14.2. Company Analysis

    14.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)

    14.4. Global Players

        14.4.1. Continental AG

        14.4.2. DENSO CORPORATION

        14.4.3. FUJITSU TEN LIMITED

        14.4.4. HARMAN International

        14.4.5. Delphi Automotive LLP.

        14.4.6. Garmin Ltd.

15. Assumptions and Acronyms Used

16. Research Methodology

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