According to a new report Global In-Vehicle Infotainment Market, published by KBV research, The Global In-Vehicle Infotainment Market size is expected to reach $42.7 billion by 2025, rising at a market growth of 10.3% CAGR during the forecast period. The global automotive infotainment market is also propelled by the increasing demand from manufacturers for highly advanced head systems in lower-priced car models. Demand for cheaper, smaller, compact cars is on the increase with growing traffic and increased fuel prices. However, with the sudden break of covid-19, the suppliers and consumers of the products & Services are affected in a big way.

Passenger cars dominated the market and would sustain this trend over the forecast period as well. This would lead to an increase in the sales of passenger cars compared to commercial vehicles worldwide.

Aftermarket providers of in-car infotainment systems deliver these products at cheaper prices and, as a result, demand for aftermarket systems is projected to rise over the forecast period. The use of aftermarket systems is also expected to increase as aftermarket systems can be tailored according to the user's choices. In addition, aftermarket suppliers of in-car infotainment connect themselves with manufacturing firms to introduce technologies to their established products.

Asia Pacific is expected to be the largest in-vehicle infotainment market. The rising demand for convenience, luxury, high-end information and entertainment services and government safety and security regulations will drive the in-vehicle infotainment market in this region. North America is home to key market players and therefore the region has taken the lead in designing and implementing innovative in-car infotainment systems. The growing demand for voice recognition and driver distraction systems is anticipated to drive the growth of the regional market.

Structural Insights: https://www.kbvresearch.com/in-vehicle-infotainment-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Garmin Ltd., Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Corporation, Robert Bosch GmbH, Mitsubishi Electric Corporation, TomTom N.V., Denso Corporation, Faurecia SA (Clarion Co., Ltd.), Pioneer Corporation, and Alps Alpine Co., Ltd.

Global In-Vehicle Infotainment Market Segmentation

By Installation Type
OEM
Aftermarket

By Form
Embedded
Tethered
Integrated

By Vehicle Type
Passenger Car
Commercial Vehicles

By Component
Display Unit/Infotainment Unit
Control Panel
Telematics Control Unit
Others

By Geography

North America
US
Canada
Mexico
Rest of North America

Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Asia Pacific
China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

LAMEA
Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Companies Profiled
Garmin Ltd.
Samsung Electronics Co., Ltd. (Samsung Group)
Panasonic Corporation
Robert Bosch GmbH
Mitsubishi Electric Corporation
TomTom N.V.
Denso Corporation
Faurecia SA (Clarion Co., Ltd.)
Pioneer Corporation
Alps Alpine Co., Ltd.