In-Car Entertainment System Market with Current Trends Analysis, 2014-2020

Future Market Insights has announced the addition of the “In-Car Entertainment System Market: Asia Pacific Industry Analysis and Opportunity Assessment 2014 - 2020” report to their offering.

Future Market Insights has announced the addition of the “In-Car Entertainment System Market: Asia Pacific Industry Analysis and Opportunity Assessment 2014 - 2020” report to their offering.


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Asia Pacific<br />

<strong>In</strong>-<strong>Car</strong><br />

<strong>Entertainment</strong><br />

<strong>System</strong> <strong>Market</strong><br />

Share, Global <strong>Trends</strong>,<br />

<strong>Analysis</strong>, Research, Report,<br />

Opportunities,<br />

Segmentation and Forecast,<br />

<strong>2014</strong>-<strong>2020</strong><br />

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Report Description<br />

<strong>In</strong>-car entertainment (ICE) systems are the set of hardware devices and software (installed<br />

<strong>with</strong>in the car unit). They are used for entertainment and information purpose like navigation,<br />

music and communication. These products offer the passenger <strong>with</strong> enhanced experience and<br />

greater comfort while driving the car. These products are gaining more popularity worldwide<br />

among customers and original equipment manufacturers (OEMs) of cars. <strong>In</strong>-car entertainment<br />

includes various systems like audio system, internet radio, DVD player, rear seat gaming system,<br />

etc. These devices provide a better connectivity, more comfort and increased safety to driver<br />

and passengers, and these are the most important factors for customers while purchasing a new<br />

car.<br />

Request for sample report: http://www.futuremarketinsights.com/reports/sample/rep-ap-185<br />

The global in-car system market is expected to grow two fold from <strong>2014</strong> to <strong>2020</strong>. The market is<br />

driven by three major factors, rise in passenger car market across the globe, growing<br />

transportation & communication infrastructure and increasing awareness about sophisticated<br />

features of in-car entertainment systems. These factors collectively are expected to drive the<br />

growth in the global market over the next six years. Emerging economies such as Asia, Eastern<br />

Europe and Latin America are expected to offer promising growth when compared <strong>with</strong> North<br />

America. <strong>In</strong> terms of revenue, Asia-Pacific (APAC) was the major contributor followed by North<br />

America, Europe and Rest of World (RoW) respectively in financial year 2013.<br />

APAC is expected to maintain its dominance in global in-car entertainment system market due to<br />

presence of major car manufacturer such as Hyundai, Ford, Volkswagen and Toyota. Growing<br />

consumer electronics market in China and <strong>In</strong>dia are the major markets for in-car entertainment

Report Description<br />

However, the market for in-car entertainment system is expected to grow at a low growth rate in<br />

Japan and South Korea, due to maturity in automotive industry in these countries. For the year<br />

<strong>2014</strong>-<strong>2020</strong>, China is expected to exhibit highest CAGR followed by <strong>In</strong>dia, due to rise in<br />

penetration rate of passenger vehicles, rise in per capita income and increasing demand for incar<br />

entertainment system.<br />

The in-car entertainment system market is broadly segmented on the basis of product type and<br />

channel type. Product type segment is further segmented into audio players, video display<br />

screen, navigation unit, accessories, rear seat entertainments, speakers, etc. <strong>In</strong> the APAC ICE<br />

market, audio players segment is the major contributor in terms of value, followed by video<br />

display unit, speakers, navigation units and others. <strong>In</strong> terms of channel the market is classified<br />

into two segments which are OEMs and aftermarket. The contribution from aftermarket is<br />

largest in the market.The penetration rate of in-car entertainment systems through OEMs is<br />

more in premium and luxury cars. <strong>In</strong> terms of value and volume, aftermarket segment has<br />

highest contribution in mid-range cars.<br />

Request for TOC: http://www.futuremarketinsights.com/toc/rep-ap-185<br />

Key participants in the APAC in-car entertainment systems market focus on research and<br />

development activities in order to introduce advanced and cost-effective product <strong>with</strong> up<br />

graded technology and features for end-users. Some of the major players in the APAC in-car<br />

entertainment systems market include Panasonic Corporation, Delphi Automotive PLC, Alpine<br />

Electronics<strong>In</strong>c., Denso Corporation, Harman <strong>In</strong>ternational <strong>In</strong>dustries, Pioneer Corporation, JVC<br />

KENWOOD Corp. and Robert Bosch GmbH. Some of the key players in services are Aha-Harman<br />

and MeeGo. The key software (platform) vendors for in-car entertainment systems are <strong>In</strong>tel

Report Description<br />

The demand for in-car entertainment systems is expected to grow exponentially in APAC<br />

region. Smart technology devices have become essential part of consumers’ life-style in<br />

recent years, some of the major features of in-car entertainment systems are better<br />

connectivity, better user experience, hands-free operation and variety of entertainment<br />

options. Manufacturers of in-car systems are coming up <strong>with</strong> upgraded technologies like<br />

smartphone connectivity, internet-enabled features, multiple USB port, Bluetooth<br />

interface, wireless connectivity, mobile phone application compatibility and better ability<br />

to play high definition audio and video. This frequent technological development is<br />

expected to add value and spur the demand of in-car entertainment system in APAC.<br />

Browse full report: http://www.futuremarketinsights.com/reports/asia-pacific-in-carentertainment-system-market

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