Global Automotive Infotainment Market: A Deep Dive into Regional Growth Trends

Comments · 5 Views

The integration of features like on-demand music, smartphone connectivity, live audio streaming, and advanced driver-assistance technologies is reshaping in-car experiences. As vehicles evolve into connected hubs of entertainment, communication, and information, automotive infotainment sys

The global automotive infotainment market was valued at USD 14.99 billion in 2023 and is projected to experience a robust growth trajectory, with a compound annual growth rate (CAGR) of 9.9% from 2024 to 2030. Several factors are driving this market expansion, including the growing consumer demand for comfort, convenience, and connectivity in vehicles. The integration of features like on-demand music, smartphone connectivity, live audio streaming, and advanced driver-assistance technologies is reshaping in-car experiences. As vehicles evolve into connected hubs of entertainment, communication, and information, automotive infotainment systems have become critical components in modern vehicles.

 

The global automotive infotainment market is poised for continued growth due to the increasing demand for connectivity, entertainment, and safety features in vehicles. The adoption of cutting-edge technologies, such as IoT, AR, and voice recognition, coupled with collaborations between automotive manufacturers and software developers, is transforming the in-car experience. As vehicles become smarter and more connected, infotainment systems will continue to evolve, offering consumers a more personalized, efficient, and safer driving experience. With the growing accessibility of advanced features across all vehicle segments, the automotive infotainment market is expected to expand significantly in the coming years, contributing to the overall advancement of the automotive industry.

 

Gather more insights about the market drivers, restrains and growth of the Automotive Infotainment Market

 

Regional Insights

 

Asia Pacific (APAC):

Asia Pacific (APAC) dominated the global automotive infotainment market in 2023, accounting for 40.9% of the total market share. This dominance is driven by several key factors, most notably the growing sales and production of passenger vehicles in the region. As the automotive industry in countries like China, India, and Japan expands, the demand for advanced infotainment systems is also rising, particularly in luxury and mid-sized premium car segments. The rising disposable income levels across these nations have further fueled the demand for better in-car experiences, especially those that enhance comfort, convenience, and entertainment.

 

  • Rising Income Levels and Vehicle Demand: The increasing income levels and growing middle class in APAC countries have led to an uptick in the demand for both luxury vehicles and premium mid-sized cars. These segments often come equipped with advanced infotainment systems, providing a major growth driver for the market. Consumers in these regions are increasingly willing to invest in advanced in-car technologies, including voice-activated systems, real-time navigation, and media streaming services.
  • Electric Vehicle (EV) Traction: As electric vehicles (EVs) gain popularity in APAC, the demand for in-car entertainment systems is poised to soar. Electric vehicles are typically equipped with the latest connected features, and their consumers are more likely to value a modern, immersive infotainment experience. This growing interest in electric mobility, especially in countries like China and Japan, is driving the development and deployment of cutting-edge infotainment technologies tailored to the EV market. EVs are expected to contribute to both the luxury car market and the expansion of the automotive infotainment
  • Benefits of In-Car Entertainment Systems: Some of the key benefits driving the demand for in-car entertainment systems in the APAC region include:
    1. Increased connectivity: Infotainment systems are being integrated with smartphone connectivity (via Apple CarPlay, Android Auto, etc.), enhancing the user experience with seamless device integration.
    2. Hands-free operation: As voice control technologies become more prevalent, infotainment systems allow for hands-free operation, increasing driver safety and convenience.
    3. Variety of entertainment options: These systems offer multiple entertainment features, from on-demand music to streaming services and real-time traffic updates, which are particularly attractive to drivers and passengers in the region.

 

With these factors, the Asia Pacific region is expected to maintain a dominant position in the automotive infotainment market throughout the forecast period, particularly as consumers continue to demand greater connectivity, safety, and convenience features in their vehicles.

 

Europe:

Europe holds a significant share of the global automotive infotainment market, driven by the presence of major automotive manufacturers and the rapid advancement of cloud-based technologies in the automotive sector.

  • Strong Presence of Automotive Manufacturers: Europe is home to some of the world’s largest and most influential automakers, including companies like Volkswagen, BMW, Mercedes-Benz, Audi, and Porsche. These companies are heavily invested in integrating advanced infotainment systems into their vehicles to meet the rising demand for smart car technologies. Collaborations between automotive giants and global software companies are helping to push the boundaries of what in-car infotainment can offer, from advanced driver-assistance systems to cloud-based media streaming and navigation systems.
  • Adoption of Cloud Technology: The rapid adoption of cloud technology in Europe has been a pivotal factor in driving the growth of the automotive infotainment market. Cloud-enabled infotainment systems are transforming the in-car experience by offering more personalized content, real-time updates, and enhanced data storage capabilities. These systems allow for continuous software updates and feature enhancements, offering a dynamic in-car experience that evolves over time. The shift toward cloud technology also enhances the integration of third-party apps, enabling seamless connectivity with smartphones and other devices.
  • User Interface and Convenience: European manufacturers have placed a strong emphasis on creating simple yet functional user interfaces for in-car infotainment systems. The goal is to provide a seamless and intuitive experience for the driver and passengers, minimizing distractions while offering maximum utility. This has led to the development of infotainment systems that combine smartphone connectivity, voice control, navigation, and media streaming in an easy-to-use format, which has become a key selling point for European automakers. The simplicity of the user interface and the variety of features offered are helping to enhance the appeal of these systems and drive demand across Europe.

 

Browse through Grand View Research's Automotive Transportation Industry Research Reports.

 

Key Companies Market Share Insights

 

Some of the key players operating in the market include Harman International; Panasonic Corporation; Alps Alpine Co., Ltd.; Continental AG; and Visteon Corporation.

  • Harman International is engaged in continuous innovation in developing advanced infotainment solutions. The company’s portfolio includes technologies such as connected car solutions, navigation systems, and in-car audio systems. Furthermore, the company has established strong relationships with OEMs in automotive industry.
  • Continental AG invest significantly in research development to stay at the forefront of emerging trends and technologies in infotainment. The company offer integrated solutions with connectivity features, navigation solutions, and advanced human-machine interface technologies that enhance the overall in-car experience.
  • PATEO, OVO Automotive, and CY Vision are some of the emerging market participants in the automotive infotainment market.

 

Key Automotive Infotainment Companies:

 

  • Alpine Electronics
  • Clarion Co., Ltd.
  • Continental AG
  • Delphi Automotive PLC
  • Denso Corporation
  • Harman International
  • JVC KENWOOD Corporation
  • Panasonic Corporation
  • Pioneer Corporation
  • Visteon Corporation

 

 

Order a free sample PDF of the Market Intelligence Study, published by Grand View Research.

 

Comments