United Kingdom Automotive Infotainment Market Size, Share, and COVID-19 Impact Analysis, By Vehicle Type (Passenger Cars and Commercial Vehicles), By Product Type (Audio Units, Navigation Units, Display Units, Communication Units, and Heads-Up Displays), and United Kingdom Automotive Infotainment Market Insights, Industry Trend, Forecasts to 2033.
Industry: Automotive & TransportationUnited Kingdom Automotive Infotainment Market Insights Forecasts to 2033
- The United Kingdom Automotive Infotainment Market Size was valued at USD 1.91 Billion in 2023.
- The Market is growing at a CAGR of 7.01% from 2023 to 2033
- The United Kingdom Automotive Infotainment Market Size is Expected to Reach USD 3.76 Billion by 2033
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The United Kingdom Automotive Infotainment Market is Anticipated to exceed USD 3.76 Billion by 2033, growing at a CAGR of 7.01% from 2023 to 2033.
Market Overview
A vehicle's infotainment technology is an incorporated media and information system that provides information and enjoyment to the driver and passengers. The system includes a computerized screen, often known as a head unit, that controls cabin temperature, media, and information. Information modules including navigation, telematics data, and internet access are also offered by the head unit. The automobile business is constantly evolving, with key manufacturers competing with one another to supply new technologies and enhancements to old technology. One of the primary trends noted in this industry is the integration of data and the usage of SIM cards, as well as features such as in-vehicle payment systems and the display of monitoring data to OEMs and drivers. Vehicles now have a screen and a voice command system that allows drivers to click a button and speak for assistance. Some additional features include heads-up displays, gesture controllers, rotary dials, and writing pads. This could include automotive radio broadcasting, audio and video streaming over a wireless (LTE, Wi-Fi, Bluetooth) wired network (HDMI, Ethernet), or even a CD or USB drive. Touch screen-enabled infotainment systems are becoming increasingly popular and have been installed in a variety of personal and commercial vehicles. Car rental companies use automobile infotainment to convince their passengers to book future rides and rentals.
Report Coverage
This research report categorizes the market for the United Kingdom automotive infotainment market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom automotive infotainment market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom automotive infotainment market.
United Kingdom Automotive Infotainment Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 1.91 Billion |
Forecast Period: | 2023 to 2033 |
Forecast Period CAGR 2023 to 2033 : | 7.01% |
2033 Value Projection: | USD 3.76 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 115 |
Segments covered: | By Vehicle Type, By Product Type, and COVID-19 Impact Analysis |
Companies covered:: | Continental AG, Aston Martin Lagonda, Delphi Automotive PLC, Denso Corporation, Harman International, Techniche Global, Panasonic Corporation, and others key players. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The expanding popularity of infotainment systems, as well as advancements in hardware and software development, are encouraging people to install them in their automobiles. A rise in demand has prompted automotive makers to outsource infotainment hardware and install it in new models of vehicles. Thus, increased sales of passenger cars, commercial vehicles, and two-wheelers will contribute to the expansion of the United Kingdom's automotive infotainment industry over the next five years. Higher disposable income, supported by increased demand for luxury cars and rising consumer spending in acquiring less expensive vehicles with built-in entertainment systems, will also drive the expansion of the United Kingdom automotive infotainment market. Advancing technologies and ongoing research for the creation of innovative goods and services will contribute to the growth of the UK vehicle infotainment industry. With an increasing number of market players, new product releases and expansions would present attractive chances to the new industry players entering the market in the coming years, thereby boosting the growth of the United Kingdom automotive infotainment market.
Restraining Factors
The high cost of automobile entertainment systems remains a significant obstacle in the business. Automotive entertainment systems must meet high regulatory criteria, particularly addressing driver distraction and safety. Although improved infotainment systems are another high-tech challenge that certain devotees are keen to test, some new vehicle buyers find them challenging to use. They might discover these systems less informative and more challenging to use, especially if they do not follow the owner's manual instructions.
Market Segmentation
The United Kingdom automotive infotainment market share is classified into vehicle type and product type.
- The passenger cars segment is expected to hold the largest market share through the forecast period.
The United Kingdom automotive infotainment market is segmented by vehicle type into passenger cars and commercial vehicles. Among these, the passenger cars segment is expected to hold the largest market share through the forecast period. The increasing need for individual car rentals and rising disposable income, which encourages automobile ownership, drive the segment's growth, adding to the overall expansion of the United Kingdom Automotive Infotainment Market over the forecast period.
- The navigation units segment dominates the market with the largest market share over the predicted period.
The United Kingdom automotive infotainment market is segmented by product type into audio units, navigation units, display units, communication units, and heads-up displays. Among these, the navigation units segment dominates the market with the largest market share over the predicted period. Navigation is one of the most commonly used functions of the entertainment system. Additionally, navigation is a key function of an infotainment system, giving the driver accurate directions and traffic congestion data solutions.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom automotive infotainment market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Continental AG
- Aston Martin Lagonda
- Delphi Automotive PLC
- Denso Corporation
- Harman International
- Techniche Global
- Panasonic Corporation
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at the United Kingdom, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Automotive Infotainment Market based on the below-mentioned segments:
United Kingdom Automotive Infotainment Market, By Vehicle Type
- Passenger Cars
- Commercial Vehicles
United Kingdom Automotive Infotainment Market, By Product Type
- Audio Units
- Navigation Units
- Display Units
- Communication Units
- Heads-Up Displays
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