LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive infotainment systems market and it is poised to grow by $ 609.76 mn during 2020-2024, progressing at a CAGR of almost 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the automotive infotainment systems market. The market growth in 2020 is likely to decrease compared to market growth in 2019.
Frequently Asked Questions:
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What are the major trends in the market?
The development of in-car audio entertainment systems that facilitate 360-degree listening is a major trend driving the growth of the market. -
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at (8.85)% and the incremental growth of the market is anticipated to be $ 609.76 mn. -
Who are the top players in the market?
Aptiv Plc, Continental AG, DENSO Corp., Garmin Ltd., LG Electronics Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sony Corp., Valeo SA, and Visteon Corp, are some of the major market participants. -
What is the key market driver?
The development of low-cost infotainment solutions is one of the major factors driving the market. -
How big is the APAC market?
The APAC region will contribute 26% of the market share.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aptiv Plc, Continental AG, DENSO Corp., Garmin Ltd., LG Electronics Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sony Corp., Valeo SA, and Visteon Corp. are some of the major market participants. The development of low-cost infotainment solutions will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this automotive infotainment systems market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Automotive Infotainment Systems Market 2020-2024: Segmentation
Automotive Infotainment Systems Market is segmented as below:
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Technology
- QNX
- Linux
- Microsoft
- Others
-
Application
- Passenger Cars
- Commercial Vehicles
-
Geography
- APAC
- Europe
- North America
- South America
- MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR45173
Automotive Infotainment Systems Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive infotainment systems market report covers the following areas:
- Automotive Infotainment Systems Market Size
- Automotive Infotainment Systems Market Trends
- Automotive Infotainment Systems Market Industry Analysis
This study identifies the development of in-car audio entertainment systems that facilitate 360-degree listening as one of the prime reasons driving the Automotive Infotainment Systems Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automotive Infotainment Systems Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automotive infotainment systems market growth during the next five years
- Estimation of the automotive infotainment systems market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive infotainment systems market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive infotainment systems market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Passenger cars - Market size and forecast 2019-2024
- Commercial vehicles - Market size and forecast 2019-2024
- Market opportunity by Application
Market Segmentation by Technology
- QNX
- Linux
- Microsoft
- Others
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Aptiv Plc
- Continental AG
- DENSO Corp.
- Garmin Ltd.
- LG Electronics Inc.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sony Corp.
- Valeo SA
- Visteon Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
-
List of abbreviations
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