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Impact of COVID-19 Crisis on Global Auto Infotainment Market Demand and Consumption Growth, Predicts Fact.MR

The global aftermarket infotainment systems is all set to gain substantial demand opportunities from various end-use industries, according to a new report from Factor. This report on the global Auto Infotainment market offers a complete overview of various key elements impacting positively or negatively on the overall growth of the market for Auto Infotainment. Detailed information on consumptions and demand ratio of diverse products/services linked to the growth dynamics of the Auto Infotainment market is covered in this report. This aside, the report presents reliable data on revenues and volumes of all key geographical regions during the forecast period 2017 to 2026.

The report on the global Auto Infotainment market works as a helpful guide that provides dependable data on various aspects such as challenges and opportunities in this market. In addition to this, readers of this report will get an in-depth analysis of diverse trends together with technological and product developments in the global Auto Infotainment market. To offer an in-depth study of the Auto Infotainment market, the report carries out the segmentation of this market on the basis of various key aspects such as product type, end-use/application, and region.

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Diverse projections and estimations presented in the report on the global Auto Infotainment market are the output of primary and secondary research carried out by Fact.MR analysts. The analysts have used diverse business intelligence tools to present trustworthy data on diverse aspects such as statistics and facts on important aspects of the global Auto Infotainment market.

Fact.MR analysis on auto infotainment market covers value projections of the market. According to the report, the adoption auto infotainment is anticipated to reach a value higher than US$ 36 Bn by end of the year of assessment (2026), with a volume CAGR of 6.0% during 2017-2026, fuelled by growing demand for advanced in-vehicle entertainment systems such as head-up display, connectivity systems and driver assistance systems.

The report covers an analysis of the competitive landscape of the global Auto Infotainment market together with a detailed study of the most important players working in this market. The list of key players studied in this report includes:

  • HARMAN International
  • DENSO CORPORATION
  • FUJITSU TEN LIMITED
  • Delphi Automotive LLP.

In addition to this, the report sheds light on diverse strategies executed by market players to gain the leading position in the market for Auto Infotainment. Some of the key strategies in trend today are mergers, acquisitions, partnerships, and product launches.

The study covers the analysis of key regions such as:

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

This data is helpful for companies that aim to expand their businesses in those specific regions.

On the basis of product type:

  • Entertainment System
  • Connectivity System
  • Driver Assistance System

On the basis of end-use, the Auto Infotainment market report includes:

  • Passenger Cars
  • Light Commercial Vehicle
  • High Commercial Vehicle

While crafting this report, analysts have considered all changes that occurred in the Auto Infotainment market due to the COVID-19 pandemic. Regulatory bodies of the various regions including developed and developing countries are presently working on the introduction of new regulations. These regulations will help countries to handle the ongoing macrocosmic distress owing to the COVID-19 outbreak in all those locations. Thus, the study presented in this report will work as an important source of data on various vital factors such as the shifting government policies owing to COVID-19 disruptions.

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The data presented in the report on the global Auto Infotainment market is helpful for important stakeholders such as industry players, investors, and policymakers. This data is intended to assist them in deciding their next strategies to deal with the impact of recent COVID-19 pandemic and continue gaining prominent revenues in the market for Auto Infotainment.  Thus, the report helps new entrants and established companies who aim to become prominent organizations in the post-COVID period.

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Auto Infotainment Market: Value Chain, Dynamics and Key Players (2018 – 2025)

The industry of consumer electronics is revolutionizing at a fast-tracking pace year after year. GPUs as well as processors are becoming faster and day by day apps are getting sophisticated. Car buyers are also becoming more tech-savvy owing to regular usage of tablets and smartphones. Their expectations related with infotainment as well as connectivity of in-vehicle had never been higher. Yet, a clear gap is still maintained in between technology components of automotive long cycle and customer electronics short cycle. Due to advancement in technology, user experience of traditional in-vehicle have constrained as the vehicle systems hardware lives for more than 20 years on the road.

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Moreover, automotive standards used to be stringent in nature and always look for developing a new system of infotainment that can remain good for at least two smartphone generations. And with this rate, the system becomes outdated much before the vehicle comes on the road. For customers and manufacturers, who got frustrated and also struggled a lot with this kind of antiquated car systems, this is the real issue with the industry of consumer electronics. The global auto infotainment market is estimated to grow XX% globally over the forecast period and is anticipated to reach a market valuation of US$ XX Bn by 2025.

Key Players

DENSO Corporation, HARMAN International, Garmin Ltd, Continental AG, FUJITSU TEN LIMITED, and Delphi Automotive LLP, among others are some of the major companies functioning in the global market for auto infotainment market. These market leaders are looking forward to increase their existing facilities related with production in several market that are emerging fast along with their strategic investments done for making technological innovation and certain research & development initiatives for expanding their brand equity. Also, these organizations are focusing on differentiating their portfolio of their product. And they are shifting their way from channelization of single sales in order to increasing their profitability as well as market growth.

Factors that are impacting the growth of auto infotainment market include rising penetration of smartphones and their role in daily life, rising compact passenger car sales, an increasing awareness of safety and security in automobile functioning.  Some other factors that are driving the global market of auto infotainment are the increasing demand for vehicle customization, increasing consumer expenditure on luxury items and increasing growth of consumer inclination towards an entertaining driving experience in automotive sector. On the other hand,

subsequent fall in the sales of vehicles due to economic crisis in certain regions as well as while driving drivers’ distraction in handling auto infotainment systems are hampering the growth of auto infotainment market.

Globally, the market for auto infotainment is classified into driver assistance system, connectivity system, entertainment system and others. Among these, the segment of entertainment system type is expected to register a healthy compound annual growth rate over the forecast period. Also, in terms of vehicle type, the global market of auto infotainment is fragmented into high commercial vehicle, light commercial vehicle, and passenger cars. And among these, the passenger cars segment of vehicle type is projected to exhibit a higher growth rate during the forecast period as compared with the segment of light commercial vehicle type. Additionally, in terms of sales channel, the global market of auto infotainment is bifurcated into aftermarket and OEM. And among these, the segment of aftermarket sales channel is expected to present high growth rate as compared with the segment of OEM sales channel.

Covid 19 Impact [email protected]  https://www.trendsmarketresearch.com/report/covid-19-analysis/3486