Automotive Audio and Infotainment Market was valued at USD 34.5 Billion in 2022 and is projected to reach USD 58.2 Billion by 2030, growing at a CAGR of 7.2% from 2024 to 2030.
The global automotive audio and infotainment market was valued at approximately USD 25.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of around 8.2% from 2023 to 2030. This growth is driven by the increasing consumer demand for advanced in-car entertainment systems and enhanced connectivity features. The integration of next-generation technologies such as artificial intelligence (AI), 5G connectivity, and augmented reality (AR) in automotive audio and infotainment systems is contributing significantly to market expansion. Additionally, the rising adoption of electric vehicles (EVs) and autonomous driving technologies is further fueling the demand for sophisticated infotainment solutions, which offer personalized and immersive experiences to passengers.Emerging markets present substantial growth opportunities for the automotive audio and infotainment sector. Regions such as Asia-Pacific, particularly China and India, are experiencing rapid economic growth and urbanization, leading to increased vehicle ownership and demand for advanced infotainment features. Furthermore, the expansion of automotive manufacturing facilities and the growing middle-class population in these regions are expected to drive the market. The opportunity lies in catering to the evolving preferences of consumers who seek cutting-edge technology and seamless connectivity in their vehicles. As a result, the automotive audio and infotainment market is poised for significant development, with promising prospects in both established and emerging markets.
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DENSO
Harman
Continental
Pioneer
Alpine Electronics
Clarion
Delphi
Visteon
Shenzhen Hangsheng Electronics
Panasonic Automotive Systems
Fujitsu Ten
Aisin Seiki
Foryou
Guangzhou Panyu Juda Car Audio Equipment
Mobis
Suzhou Sonavox Electronics
Coagent Enterprise
Shenzhen Baoling Electronic
JVC Kenwood
Blaupunkt
Bose Corporation
Garmin
Desay SV Automotive
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Audio and Infotainment Market
Passenger Vehicle
Commercial Vehicle
Based on Types the Market is categorized into Below types that held the largest Automotive Audio and Infotainment market share In 2023.
Audio System
Infotainment System
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Audio and Infotainment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Audio and Infotainment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Audio and Infotainment Market, By Type
6. Global Automotive Audio and Infotainment Market, By Application
7. Global Automotive Audio and Infotainment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Audio and Infotainment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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