United Kingdom Automotive Infotainment Market Grows With Advancing Technologies
Growing
demand for passenger cars supports the growth of the United Kingdom Automotive Infotainment
Market in future years.
According to TechSci report on, “United
Kingdom Automotive
Infotainment Market - By
Region, Competition Forecast & Opportunities, 2027”. United
Kingdom automotive infotainment market may flourish with an impressive CAGR
during the forecast period of 2023-2027, on the backbone of growing demands for
the advanced infotainment systems in the automotives. Expanding automotive
industry is persistent toward advancing the automotive infotainments as per
consumer demands and that influences the purchase decisions for the potential
customers, thereby driving the growth of the United Kingdom automotive
infotainment market in the upcoming five years. The emergence of an automotive
infotainment system as a technology that integrates information and
entertainment has gained the attention of car manufacturers. Accommodating
consumer’s preferences along with the rising disposable income of the
population that readily spends lavishly on the automotives with these add-ons
also support the growth of the United Kingdom automotive infotainment market in
the next five years. Rapidly growing sales of the automotives like passenger
cars, electric vehicles, commercial vehicles, and two-wheelers also
further fuel the growth of the United Kingdom automotive infotainment market in
the future five years.
Technological
advances in the infotainment such as driver’s assistance, augmented reality
real-time data collection, and the Internet of Things (IoT) to enhance the functionality of these infotainment
systems substantiates the growth of the United Kingdom automotive infotainment
market in the forecast years through 2027F. Although recent pandemic downsized
the market growth, re-instatement of the manufacturing sector and stable
distribution channels would facilitate the future growth and overcome the
restraints on the growth of the United Kingdom automotive infotainment market
in the forecast period.
Browse over XX market data Figures
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Market"
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The
United Kingdom automotive infotainment market is segmented by vehicle type,
product type, fit type, installed location, competitional landscape, and
regional distribution. Based on vehicle type, the market is further segmented
into passenger car, commercial vehicle, and two-wheeler. Commercial vehicle may
dominate the market segment and hold the largest revenue shares of the market
in the upcoming five years on grounds of increasing demands for the same from
various end use sectors. Growing freight movement demands, coupled with
increasing demands for the truck leasing & rental services adds to the
segmental growth while aiding the growth of the United Kingdom automotive
infotainment market in the next five years. Passenger cars are also anticipated
to hold the significant shares of the market due to increasing sales of the
passenger cars. Demands for car for hire by individual consumers along with
growing disposable income that supports the demand for car ownership also
facilitates the segment growth along with aiding the growth of the United
Kingdom automotive infotainment market in the forecast years.
By
product type, the market is fragmented into audio unit, display unit,
navigation unit, and others. Navigation units are anticipated to hold the
largest revenue shares of the market and dominate the market segment in the
upcoming five years on grounds of growing demands for the system to facilitate
traffic. Growing advancement in the technology further supports the growth of
the United Kingdom automotive infotainment market in the future five years. Based
on fit type, the market is differentiated between OEM and aftermarket.
By
installed location, the market is bifurcated into in-dash infotainment and
rear-seat infotainment. In dash infotainment is anticipated to hold the largest
revenue shares of the market and dominate the market segment in the upcoming
five years due to eager adoption of the advanced technology in the pre-existing
infotainment systems. Growing demands from the rental car hire services to
influence their consumers to sit back, relax, and enjoy their hired ride also
facilitates the growth of the United Kingdom automotive infotainment market in
the next five years along with the segmental growth of the rear-seat
infotainment systems. The market analysis also studies the regional
segmentation to devise regional market segmentation, divided among London, East
Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire &
Humberside.
A
partial list of major market players of the United Kingdom automotive infotainment
market includes:
·
Denso Corporation
·
Continental AG
·
Robert Bosch GmbH
·
Aptiv PLC
·
Alpine Electronics Inc.
·
Pioneer Corporation
·
Magnetic Marelli SpA
·
Harman International Industries Inc.
·
Visteon Corporation
·
Kenwood Corporation
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“Car manufacturers in the country are focused toward researching the
industry and the value infotainment systems add to the final automotives.
Growing investment in the sector also facilitates the growth of the United
Kingdom automotive infotainment market in the next five years. As much as the
consumers are eagerly inspired to invest in original manufactured products,
aftermarket additions are also aiding to the growing demands for the infotainment
systems in the upcoming five years thus substantiating the market growth,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“United Kingdom
Automotive Infotainment Market By Vehicle Type (Passenger Car, Commercial
Vehicle, Two-Wheeler), By Product Type (Audio Unit, Display Unit, Navigation
Unit, Others), By Fit Type (OEM, Aftermarket), By Installed Location (In-dash
Infotainment, Rear-seat Infotainment), By Region, Competition Forecast &
Opportunities, 2027” has
evaluated the future growth potential of United Kingdom automotive infotainment
market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in United Kingdom automotive infotainment
market.
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