In-Car Entertainment System Market
In-Car Entertainment System Market Global Industry Assessment & Forecast
#
Pages:
155
2021
Nov - 2021
VMR-2021-0165
Segments Covered
By
Product OEM, Aftermarket
-
By
Application Hardware, Software
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
20.36 Billion |
 Revenue 2028:
|
36.98 Billion |
 Revenue CAGR
(2021 - 2028): |
7.12 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Product
Analysis: Preview On the basis of Product,
the market is segmented into OEM, Aftermarket. Aftermarket held the highest
share in the global In-Car Entertainment System
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. Application
Analysis: Preview
Based on Application,
the market is segmented into Hardware, Software. Software accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global In-Car Entertainment System Market: Product Segment Analysis
-
- OEM
- Aftermarket
Global In-Car Entertainment System Market: Application Segment Analysis
-
- Hardware
- Software
FAQ
Frequently Asked Question
What is the global demand for In-Car Entertainment System in terms of revenue?
-
The global In-Car Entertainment System valued at 20.36 Billion in 2020 and is expected to reach 36.98 Billion in 2028 growing at a CAGR of 7.12%.
Which are the prominent players in the market?
-
The prominent players in the market are ALPS ALPINE CO., LTD., AUDI AG, BMW GROUP, CONTINENTAL AG, FORD MOTOR COMPANY, PANASONIC CORPORATION, PIONEER CORPORATION, SAMSUNG ELECTRONICS CO., LTD., VISTRON CORPORATION, VOLKSWAGEN AG..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.12% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the In-Car Entertainment System include
- Increasing demand for comfort, safety, and aesthetic characteristics have led to various advancements in relation with technology in vehicles such as use of cloud supported entertainment system which substantially expands the comfort level of the users inside.
- The approach by government toward security and safety of vehicles is globally changing and is imposing numerous regulations for establishing mandates to develop automobiles for the auto makers with pre-installed features of safety, which drives the flow of connected car devices.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the In-Car Entertainment System in 2020.
