Technavio
Announces the Publication of its Research Report Global Aftermarket For
Touchscreen Infotainment System 2016-2020
Technavio recognizes the following companies as the key players in the global aftermarket for touchscreen infotainment system: Pioneer, Alpine Electronics, JVCKENWOOD, and Blaupunkt.
Other prominent vendors in the market are: CASKA, Sony, and MapmyIndia.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is growing dependence on upgraded infotainment systems. There is a growing trend of spending more on traveling. Increased disposable income, growing aspiration for traveling among millennials, technological advancements, and increased spending of time on social media have increased the propensity of individuals to spend more on traveling. Individuals spend a good portion of their savings on traveling and consider it to be an important part of life. Traveling by a car using a GPS system makes it much simpler. Car navigation systems allow the drivers to locate their destination easily.”
Know more about sample report: https://marketreportscenter.com/request-sample/456006
Technavio recognizes the following companies as the key players in the global aftermarket for touchscreen infotainment system: Pioneer, Alpine Electronics, JVCKENWOOD, and Blaupunkt.
Other prominent vendors in the market are: CASKA, Sony, and MapmyIndia.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is growing dependence on upgraded infotainment systems. There is a growing trend of spending more on traveling. Increased disposable income, growing aspiration for traveling among millennials, technological advancements, and increased spending of time on social media have increased the propensity of individuals to spend more on traveling. Individuals spend a good portion of their savings on traveling and consider it to be an important part of life. Traveling by a car using a GPS system makes it much simpler. Car navigation systems allow the drivers to locate their destination easily.”
Know more about sample report: https://marketreportscenter.com/request-sample/456006
According to
the report, one of the primary drivers in the market is increasing
predisposition toward smartphone integration. Smartphones have become one of
the most widely used technologically advanced devices in the world, and their
dominance will increase in the coming years. Consumers want all their devices
to be connected with their smartphones to remain connected. Smartphones can
easily be integrated and are compatible with the touchscreen infotainment
system. Touchscreen systems provide the platform for smartphone integration.
Further, the report states that one major challenge in the market is increase in OEM fitments. There has been an increase in the fitment of touchscreen infotainment system by OEMs. From 2016 onward, there will be a growing trend of replacing dual-DIN non-touch screen systems with touchscreen infotainment systems. More vehicles even in entry-level variants will be equipped with touchscreen infotainment system fitted by OEMs. As a result, increase in OEM fitment will pose a big challenge to the aftermarket touchscreen infotainment system suppliers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Further, the report states that one major challenge in the market is increase in OEM fitments. There has been an increase in the fitment of touchscreen infotainment system by OEMs. From 2016 onward, there will be a growing trend of replacing dual-DIN non-touch screen systems with touchscreen infotainment systems. More vehicles even in entry-level variants will be equipped with touchscreen infotainment system fitted by OEMs. As a result, increase in OEM fitment will pose a big challenge to the aftermarket touchscreen infotainment system suppliers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Touchscreen Infotainment System
In-car entertainment systems were limited to radios and compact disc (CD) players, which is now increasingly being replaced by an infotainment system, which is a combination of entertainment as well as information and provides a feature-rich experience. Infotainment systems are now equipped with applications such as Bluetooth usability, global positioning system (GPS) navigation, user-friendly high definition (HD) radios, mail access features, and streaming music and videos. The touchscreen infotainment systems in cars is a comprehensive infotainment system that delivers navigation, music, phone calls, and more at the touch of a screen.
Technavio’s analysts forecast the global aftermarket for touchscreen infotainment system to grow at a CAGR of 2.16% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global aftermarket for touchscreen infotainment system for 2016-2020. To calculate the market size, the report presents the major drivers that influence the growth of the global aftermarket for touchscreen infotainment system.
The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
Technavio's report, Global Aftermarket For Touchscreen Infotainment System 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Pioneer
• Alpine Electronics
• JVCKENWOOD
• Blaupunkt
Other prominent vendors
• CASKA
• Sony
• MapmyIndia
Market driver
• Rising demand for better sound quality, features, and flexibility for customization.
• For a full, detailed list, view our report
Market challenge
• Increased possibility of warranty declared void due to installation of aftermarket products.
• For a full, detailed list, view our report
Market trend
• Increase in sales of automotive components and accessories through online channels.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table
of content: https://marketreportscenter.com/reports/456006/global-aftermarket-for-touchscreen-infotainment-system-2016-2020#toc
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