Industry Background:
The IVI is a collection of vehicle systems that provide entertainment and information to the driver and passengers via audio/video interfaces, control elements such as touch screen displays, button panels, and voice commands, among other things. To provide entertainment and information to the driver and passengers, in-vehicle infotainment integrates with a variety of different in-vehicle and external technologies. The vehicle's in-vehicle entertainment system combines all of the vehicle's infotainment capabilities, including tuner reception, media connectivity, audio playback, navigation, and HMI. It provides audio/visual entertainment and information material, such as radio, media player, TV, and video, as well as telephone, navigation, speech control, apps, and connectivity functions, all of which bring digital life to the road.
This growth is primarily driven by Growing Demand for Luxurious, Safe, and Smart Vehicles, Growth of the smartphone industry and the use of cloud technologies and The rise in adoption of connected cars.
Globally, a noticeable market trend is evident Automotive Industry Inclinations towards Developing Innovative Technologies
. Major Vendors, such as Garmin Ltd (United States), TomTom International BV (Netherlands), Harman International (United States), Panasonic Corporation (Japan), Alps Alpine Co Ltd (Japan), Robert Bosch Gmbh (Germany), Continental AG (Germany), Mitsubishi Electric Corporation (Japan), Delphi Technologies (United Kingdom), Visteon Corporation (United States) and JVCKENWOOD Corporation (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In January 2022- LG Electronics' (LG) launches the newest premium in-vehicle infotainment (IVI) system, the Pillar to Pillar (P2P) display embedded into the MBUX Hyper-screen that runs across the entire width of the dashboard., Additionally, and In April 2021, Harman announced the introduction of the Harman Ignite Store Developers Portal – a developer hub dedicated to the Android Automotive developer community. Through the Developers Portal, those developing the Android Automotive open OS can deploy automotive apps that OEMs can, and then easily scale and manage to drive new digital touchpoints with their customers through the HARMAN Ignite Store.
Market Drivers
- Growing Demand for Luxurious, Safe, and Smart Vehicles
- Growth of the smartphone industry and the use of cloud technologies
- The rise in adoption of connected cars
Market Trend
- Automotive Industry Inclinations towards Developing Innovative Technologies
- Emerging trends in telecommunication infrastructure
Restraints
- The cost of the infotainment systems is high
Opportunities
Growth in Information, Use of Advanced Features in Vehicles, Government mandates on telematics and e-call services and Growing demand for basic vehicle connectivity applications, such as real-time updates, navigation, and in-car infotainments
Challenges
Real-Time Traffic Updates Are Oddly Separate From the Navigation App
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Embedded In Vehicle Infotainment Study Sheds Light on
The Embedded In Vehicle Infotainment Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Embedded In Vehicle Infotainment industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Embedded In Vehicle Infotainment industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):
1. What is the growth rate predicted for the Global Embedded In Vehicle Infotainment Market?The Embedded In Vehicle Infotainment market is expected to see a CAGR of
% during projected year 2021 to 2027.
2. Who are the top performing companies in Embedded In Vehicle Infotainment Market?
Top performing companies in the Global Embedded In Vehicle Infotainment market are Garmin Ltd (United States), TomTom International BV (Netherlands), Harman International (United States), Panasonic Corporation (Japan), Alps Alpine Co Ltd (Japan), Robert Bosch Gmbh (Germany), Continental AG (Germany), Mitsubishi Electric Corporation (Japan), Delphi Technologies (United Kingdom), Visteon Corporation (United States) and JVCKENWOOD Corporation (Japan), to name a few.
3. Which region dominated the worldwide market for Embedded In Vehicle Infotainment in 2021?
is dominating the Embedded In Vehicle Infotainment Market.