The North America Electric Vehicle Infotainment Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).

Published Date: 30-Jun-2022

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Electric Vehicle Infotainment Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Electric Vehicle Infotainment Market size is expected to reach $8.4 billion by 2028, rising at a market growth of 34.8% CAGR during the forecast period.

The Hybrid Electric Vehicle (HEV) segment has shown growth rate of 37.1% during (2022 - 2028). In commercial vehicles, the use of an infotainment system is often for navigation, monitoring, and communication. Advanced infotainment systems in commercial cars, on the other hand, would allow drivers to manage routes more effectively using real-time traffic data and maps. These elements would assist increase the market share of electric vehicle infotainment systems in commercial vehicles.

The Wireless segment acquired maximum revenue share in the Global Electric Vehicle Infotainment Market by Connectivity Type in 2021, thereby, achieving a market value of $3.23 billion by 2028. Because of the high-speed connection and data transmission speed, wireless and cellular connectivity in EV entertainment systems is gaining acceptance. Cloud information conversation in an advanced entertainment system is facilitated by wireless technology that is based on an internet connection. Wireless connectivity's expansion allows EV infotainment systems to give a smooth driving experience along with boosting market growth.

The Heads-up Display segment is showcasing a CAGR of 36.6% during (2022 - 2028). The information is shown on the windshield in front of the driver's line of sight. Navigation, warning messages, road speed, and call information are shown utilizing projection systems and mirrors. The heads-up display allows the driver to handle the machine with less tiredness, while also increasing his or her attention to the outside world. The development of heads-up displays is primarily driven by these factors.

The Europe market dominated the Global Electric Vehicle Infotainment Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.34 billion by 2028. The North America market is estimated to witness a CAGR of 34.2% during (2022 - 2028). Additionally, The Asia Pacific market would experience a CAGR of 35.8% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Alps Alpine Co., Ltd., Continental AG, Denso Corporation, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), General Motor Co., Ford Motor Company, Volkswagen AG, Garmin Ltd., Panasonic Corporation, and Pioneer Corporation.

Global Electric Vehicle Infotainment Market Segmentation

By End-use

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)

By Connectivity Type

  • Wireless
  • Bluetooth
  • Cellular
  • Wired

By System Type

  • Multimedia
  • Navigation Unit
  • Communication Unit
  • Rear Seat Entertainment
  • Heads-up Display

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Norway
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Taiwan
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Alps Alpine Co., Ltd.
  • Continental AG
  • Denso Corporation
  • Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
  • General Motor Co.
  • Ford Motor Company
  • Volkswagen AG
  • Garmin Ltd.
  • Panasonic Corporation
  • Pioneer Corporation

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Related Reports:

North America Electric Vehicle Infotainment Market Future Scope & Opportunities 2022-2028

Europe Electric Vehicle Infotainment Market Size & Growth Forecast 2022-2028

Asia Pacific Electric Vehicle Infotainment Market Size, Share & Industry Outlook to 2028

LAMEA Electric Vehicle Infotainment Market Growth, Trends & Forecasts 2022-2028

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