Major players in the Market are Harman International (U.S.), Pioneer (Japan), JVC-Kenwood (Japan), Deplhi (Japan), Denso (Japan), Alpine (Japan) and Bosch (Germany).
(PRWEB) March 14, 2013
According to the market research report “In-Car Entertainment (Infotainment) Market" - Global Forecast & Analysis by Products (Audio, Display, GPS, Software Platform, Services, Accessories), Applications (Entertainment, Location Based Services, Communication); published by MarketsandMarkets, the total Market is expected to reach $14.4 billion by 2016 at an estimated CAGR of 12.1% by 2016.
- 93 Market Data Tables
- 21 Figures
- 193 Pages and an in-depth Table of Content on “In-Car Entertainment Market"
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Individual products like radio, DVD players, display screens, navigation systems are being used by car drivers. However, In-Car Entertainment & Information systems have offered a new option to the user of using all the products in the same system. This has offered customers a new and enriched experience, which has been accepted worldwide. In-Car Entertainment & Information systems are being positioned in luxury cars rapidly. Auto-OEMs are using Entertainment & Information systems as a differentiation tool and are planning to extend the trend in the mid-segment cars.
In-Vehicle Entertainment & Information systems offer both entertainment and information services. Such a system replaces multiple products and offers enhanced user experience to the customer. Better user experience, better connectivity, more options of entertainment are the major features of In-Vehicle Entertainment (ICE) & Information System market.
ICE system market include products such as the audio system including radio, DVD players with the video screen, rear seat entertainment, navigation devices like GPS, software platforms, and its accessories. These services are unavoidable entities, whose significance is increasing day by day. Radio services, internet services, and the navigation services are the major services offered for In-car Entertainment & Information systems. ICE systems can be connected to the external world to offer more options to the customers for entertainment as well as information based services.
All the products are likely to run on a single processor, and will increase the efficiency of the Entertainment (ICE) & Information system.
In-Car Entertainment & Information systems are being sold though auto-OEMs and aftermarket. However, ICE products are likely to sell more through auto-OEM than aftermarket.
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