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Automotive Infotainment Market Share

Report ID: GMI8104
Published Date: Feb 2024
Report Format: PDF

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Automotive Infotainment Market Share

Denso Corporation and Harman International Industries Inc. hold a significant market share of over 15% in 2023. With the growing demand for connected automobiles, Denso invests heavily in innovative connectivity solutions that enable smooth communication between infotainment systems and external devices such as smartphones & IoT devices. This involves working with communication companies to improve network coverage and speed.

Harman works closely with manufacturers to better understand market trends and customer preferences as well as ensure that its infotainment solutions are easily incorporated into car design & manufacturing processes. Creating solid collaborations with top car brands also aids Harman's brand recognition and credibility in the industry.

Automotive Infotainment Market Companies

Major companies operating in the automotive infotainment industry are:

Alpine Electronics Inc.
Continental AG
Denso Corporation
Garmin Ltd.
Harman International Industries Inc.
LG Electronics
Magnetic Marelli S.p.A
Mitsubishi Electric Corporation
Panasonic Holdings Corporation
Pioneer Corporation

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive infotainment reached USD 27.3 billion in 2023 and is set to grow at 6.5% CAGR from 2024 to 2032, owing to the consumers increasingly seeking cars that offer a variety of entertainment and connectivity features worldwide.

The OEM segment held over 75% of the market share in 2023, due to these channels being well integrated with the vehicle and providing smooth compatibility and dependable performance.

Asia Pacific accounted for 45% of the market share in 2023, due to the wide adoption of smartphones leading to consumers expecting seamless integration between their mobile devices and in-car infotainment systems in the region.

Alpine Electronics Inc., Continental AG, Denso Corporation, Garmin Ltd., Harman International Industries Inc., LG Electronics, Magnetic Marelli S.p.A, and Mitsubishi Electric Corporation, are some of the major automotive infotainment companies worldwide.