Pune, India -- (SBWire) -- 12/19/2017 --Global Automotive Infotainment Market, By Operating System (QNX, Linux, Microsoft, Others) and Region - Forecast 2017-2023
Market Synopsis of Automotive Infotainment Market:
The growth of automotive industry leads to the increase in demand for automotive infotainment systems. Rising production and sales of vehicles are likely to result in increased usage of these systems. Factors such as growing demand for luxury and value added features such as smartphones and embedded infotainment systems, open-source and standard platforms for application development and other are some of the factors driving the automotive infotainment market. Moreover, open-source and standard platforms for application development, and the rising demand for infotainment systems in mass production of vehicles, is pushing the market towards growth.
The growing consciousness about data security, and lack of awareness of its functions & benefits, however may hamper the growth of the market, significantly.
The market is expected to reach a market size of USD 34,251.0 Million by the end of the forecast period at CAGR of 6.36%.
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Regional Analysis:
North America accounted for the largest market share of 29.00% in 2016, with a market value of USD 6,496.0 million and is projected to grow at a CAGR of 6.49% during the forecast period. U.S. had been dominating the automotive infotainment market in the Americas in 2016, in terms of value; is expected to maintain its dominance during the forecast period. QNX operating system accounted for the largest market share of 49.18% in 2016.In 2016, Asia-Pacific was the second-largest market, valued at USD 5,936.0 million; projected to grow at the highest CAGR of 6.79%.
Key Players
The major player operating in the global automotive infotainment market are Alpine Electronics, Inc. (Japan), Continental AG (Germany), Harman International Industries Inc. (U.S.), Panasonic Corporation (Japan), Pioneer Electronics (U.S.), DENSO CORPORATION (Japan), Garmin Ltd (Switzerland), KENWOOD Corporation (Japan), Delphi Automotive PLC (U.K.) and ALLGo Embedded Systems Pvt Ltd (India).
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Target Audience
Organizations
Manufacturer
Research Institute / Education Institute
Potential Investors
The report for Global Automotive Infotainment Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Automotive Infotainment Market Escalates to $34,251.0 Million by 2022 at 6.36 Percent of CAGR: MRFR Analysis
Market Research Future published a research report on “Global Automotive Infotainment Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.