In-vehicle Infotainment Market 2019 Overview, Growth Forecast, Demand and Development Research Report to 2025| Harman International, Panasonic Corporation, Alpine Electronics, Clarion, and JVC Kenwood Corporation

A device embedded in a car having capabilities of streaming through multimedia, can be used for navigation, can be used to control the climate inside a car by controlling the HVAC system of the car and also allow hands-free calling & receiving of text messages and updates together constitutes an in-vehicle infotainment system. However, the spectrum of functionalities offered in an in-vehicle infotainment system does not limit to the above-mentioned functionalities but is rather being stretched to broader horizons in the current scenario with increasing demands from the consumers for added luxuries. Additionally, technological advances in various fields such as consumer electronics, communication technologies and connectivity technologies are soon anticipated to result in convergence of technologies. As a result of longer times spend behind the wheels by driver, there has been a growing need to enhance the quality of time spent inside a car. Consequently, increased interests in connectivity and in-car infotainment have been driving the adoptions of such systems.

The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting In-vehicle Infotainment Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

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Leading In-vehicle Infotainment Market Players:

Harman International, Panasonic Corporation, Alpine Electronics Inc., Clarion Co., Ltd. and JVC Kenwood Corporation. Also, Continental AG, Denso Ten Limited, Garmin Ltd., Pioneer Corporation and Visteon Corporation are other key companies in the in-vehicle infotainment market.

As per the automobile associations, the global vehicular population had crossed 1 billion mark in the year 2010 itself which was driven by the aggressive growth rates in India and China in that fiscal year. The rise in the sales of vehicles and in particular passenger cars can be attributed to the steady increase in the disposable incomes of consumers. Developing economies witnessed a steady growth in the post-recession era and thus there was rise in the disposable incomes with consumers. In the western countries where consumers have huge disposable incomes at their disposal, it has been observed that with the rise of vehicular population, there has been significant changes in the selection parameters of passenger cars. Cost and fuel efficiency no longer stay as the primary criterion for purchasing. Instead the purchases more depend on the comfort and luxury provided in the car. Infotainment systems and the technology inside the car are increasingly becoming important to customers today.

Key Elements that the report acknowledges:
• Key factors driving the In-vehicle Infotainment Market.
• Key market trends cracking up the growth of the In-vehicle Infotainment Market.
• Challenges to market growth.
• Key vendors of In-vehicle Infotainment Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global In-vehicle Infotainment Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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Posted by on Friday November 29 2019, 3:00 PM EST. All trademarks acknowledged. Filed under Automotive & Transportation. Comments and Trackbacks are open. Follow responses: RSS 2.0

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