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(Transportation-News.com, November 29, 2018 ) According to Fact.MR analysis, demand for auto infotainment is expected to increase at a value CAGR of 6.4% during the period of forecast, 2017-2026. By end of the assessment period, sale of around 259,380 thousand auto infotainment units is expected. With integration of multimedia and smartphones in infotainment systems, multiple features have become possible, for instance, tracking systems, telematics and navigation that are revolutionizing the auto infotainment market
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Increasing consumer attraction towards entertained driving, growing sales of modern cars and rising demand for customization of car systems has pushed the adoption of auto infotainment. Moreover, growing per capita expenditure of people enabling them to spend on high tech car solutions, increasing awareness on security and safety of vehicles, rising penetration of smartphones and their integration with infotainment systems has triggered the growth of the auto infotainment market.
Key Highlights on Global Auto Infotainment Market
Asia Pacific excluding Japan (APEJ) is anticipated to showcase increased adoption of auto infotainment systems. With growing automotive industry in this region coupled with increasing volume sales of modern cars, APEJ reflects high lucrativeness for auto infotainment manufacturers. On the other hand, sales of auto infotainment in North America are higher as compared to other regions
Within the auto infotainment domain, the demand for entertainment and connectivity systems is higher. Sales of entertainment systems is estimated to reach a value of around US$ 24.4 Bn in 2026. However, the demand for connectivity systems is projected to grow at a relatively higher rate of 7.4% during the assessment period
Installation of auto infotainment in passenger cars is higher than other vehicles. However, light commercial vehicle segment is also booming and use of auto infotainment systems in this category is expected to significantly increase in the coming years. But passenger cars segment is highly attractive from sales point of view
With respect to sales channel, OEM segment is the largest with a high value share and is expected to lead the global market. On the contrary, aftermarket for auto infotainment is also expanding at a higher rate and is expected to register a value CAGR of 7.8% during the period of assessment
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Automotive Grade Linux to Fuel Auto Infotainment Applications
Automotive Grade Linux (AGL) is accelerating auto infotainment applications, directing car makers towards connected cars. AGL collaborative project is connecting technology companies, suppliers and car makers to speed up the adoption and development of completely open software pile for connected cars. Car makers, for instance Toyota, are promoting activities associated with automotive grade Linux with a view to promote developments in auto infotainment systems. Automotive Grade Linux is planning to enhance entire software stack in the vehicle, which includes head up display, ADAS (Advanced Driver Assistance Systems), telematics instrument cluster as well as autonomous driving. This is expected to have a positive impact on automotive infotainment market.
Voice control – an Upcoming Development in Infotainment Systems
Carmakers have gone over the edge with respect to automation in automotive infotainment. Recent innovations and developments include voice control for infotainment systems that car makers are offering. They are turning to Google (Android Auto), Amazon and Apple (CarPlay) to provide seamless solutions. For example, Toyota has incorporated Amazon’s Alexa – a cloud based voice control model – in few of its new models. With Alexa passengers or drivers can control the movement of the car as well as infotainment systems, including selecting songs, playing movies, changing destinations, as well as control smart home devices from far afield. Such innovations are supporting the adoption of auto infotainment systems, making consumers to integrate them to their vehicles.
Table of content:
Global Economic Outlook
Global Auto Infotainment Market - Executive Summary
2.1. Opportunity Analysis
Global Auto Infotainment Market Overview
3.1. Introduction
3.1.1. Global Auto Infotainment Market Taxonomy
3.1.2. Global Auto Infotainment Market Definition
3.2. Global Auto Infotainment Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Auto Infotainment Market Y-o-Y Growth
3.3. Global Auto Infotainment Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Average Consumer Spending (US$), by Vehicle Type & by Region, 2016
3.7. Value Chain Analysis
3.8. PESTLE Analysis
3.9. Porter's Five Forces Analysis
3.10. Market Positioning and Behavior Analysis
3.11. Investment Feasibility Matrix
3.12. Competitor Footprint Matrix
3.13. List of Distributors
3.14. Key Participants Market Presence, by Region
Continued…………..
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