July 28, 2021, 3:58 a.m. EDT

Automotive Infotainment Systems Market Share 2021, Global Industry Size, Growth, Segments, Revenue, Manufacturers and 2024 Forecast Research Report

Automotive Infotainment Systems Market Size 2021-2024 Research Report on Global professional and comprehensive report on the Automotive Infotainment Systems Market. The report monitors the key trends and market drivers in the current scenario and offers on the ground insights. Automotive Infotainment Systems Market Report will add the analysis of the impact of COVID-19 on this industry.

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Jul 28, 2021 (The Expresswire) -- Global " Automotive Infotainment Systems Market " (2021-2024) examines the effect of different Factors affecting the market development and drivers, further reveals insight into market outline, key producers, key received by them, size, most recent patterns and types, income, net edge with provincial investigation and conjecture. This report likewise contemplates the worldwide Automotive Infotainment Systems market status, rivalry scene, market share, development rate, future patterns, market drivers, openings and difficulties, deals channels and wholesalers. Territorially, this report orders the creation, clear utilization, fare and import of Automotive Infotainment Systems in North America, Europe, China, Japan, Southeast Asia and India.

Get a sample PDF of the report at - https://www.researchreportsworld.com/enquiry/request-sample/14275314

List of TOP KEY PLAYERS in Automotive Infotainment Systems Market Report are -

● Denso Corporation ● Robert Bosch GmbH ● Continental AG ● Harman International Industries Inc. ● Magnetic Marelli S.p.A ● Kenwood Corporation ● Alpine Electronics ● Inc. ● ● Mitsubishi Electric Corporation ● Visteon Corporation ● Pioneer Corporation ● Aptiv PLC

"Final Report will add the analysis of the impact of COVID-19 on the In Memory Computing industry."

COVID-19 Impact on Market:

The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. The overall market break down due to COVID-19 is also affecting the growth of the bacon market due to shutting down of factories, obstacle in supply chain, and downturn in world economy.

TO KNOW HOW COVID-19 PANDEMIC WILL IMPACT Automotive Infotainment Systems MARKET/INDUSTRY- REQUEST A SAMPLE COPY OF THE REPORT - https://www.researchreportsworld.com/enquiry/request-covid19/14275314

Market Overview:

The global Automotive Infotainment Systems Market is expected to grow at a CAGR of 12.29%, during the forecast period, 2019-2024.

Some of the major factors driving the growth of the market are rising demand in mobility services (such as ride sharing or taxi services), growing demand for luxury cars, especially in emerging markets like India, and increasing focus towards comfort, convenience, and safety. However, the rise in the number of accidents due to drivers distraction may hinder the growth of the market.

Automakers are strongly competing to deploy advanced infotainment system for their upcoming vehicle models during the forecast period. For instance, Mitsubishi Motors Corporation, Nissan Motor Co. Ltd., and Groupe Renault decided to adopt Google Inc.’s Android operating system (OS) for their next-generation infotainment systems from 2021. Additionally, in Japan, Toyota Motor Corporation added software applications, like Line to its T-Connect infotainment system, starting from the new Crown model in 2018.

North America and Europe had covered a major share of more than 40% in rear seat infotainment system in 2018, owing to its deployment in luxury cars, as well as semi-autonomous vehicles sales (L1-L3). However, during the forecast period, Asia-Pacific is likely to see an increase in the demand for the rear seat infotainment system, majorly from mobility service vehicles.

Scope of the Report:

The automotive infotainment system or in-vehicle infotainment system refers to the vehicle systems that combine entertainment and information delivery for both drivers and passengers. These systems typically use audio and video interface, touchscreens, and keypads.

The global automotive infotainment system market has been segmented by installation type and vehicle type.

Key Market Trends:

Increasing Demand for Rear Seat Infotainment Systems

The demand for rear-seat infotainment systems has increased over the past three years. Earlier rear-seat infotainment systems were used only in luxury cars. Thus, to sustain in the highly competitive taxi industry, the taxi firms started incorporating innovative products and services; to offer the best service to their customers. Currently, an infotainment system is one of the trending services deployed by taxi firms.

- In February 2018, Samsung Electronics signed a strategic cooperation agreement with Southeast Asian largest car-hailing firm, Grab, where the former company will supply its car infotainment system to Grab’s taxis.

In addition to this, the growing trend of autonomous vehicles has made automakers to not only focus on driver assistance systems but also on the infotainment systems, including rear seat infotainment system. Audi A8 is the world’s first level 3 autonomous driving vehicle to go into production, which features a new rear seat infotainment system developed by NVIDIA.

Additionally, in North America and Europe, 2018 and 2019 vehicle models from GM, Ford, and Mazda are and will be equipped with VOXX automotive’s evolution series (EVO) rear seat infotainment system. The system will be using the advanced multimedia framework from Cinemo technologies, which creates a systematic process for indexing, aggregating, searching, streaming, and playing multimedia content.

Even, emerging markets like India have been witnessing automotive players entering into the rear-seat infotainment system. For instance, in 2018, Blaupunkt, car infotainment supplier entered into the rear seat infotainment system with the launch of its BP RSE AD 10.1. This rear seat monitor is ultra-thin and runs Android on 4.4.4 OS with a QUAD CORE processor and features a capacitive touch screen and built-in Wi-Fi.

Thus, based on the aforementioned developments, the demand for rear-seat infotainment systems is expected to increase during the forecast period.

China driving the Asia-Pacific Market

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