- Automotive AV receivers provide information to the driver about vehicle features including safety features, navigation, and multimedia functions while driving. This system provides intelligent navigation, communication and audio/ video from the mobile device.
Key Drivers of Automotive AV Receivers Market
- Growing trend toward integration of smartphones and wireless connectivity in vehicles is likely to boost the automotive AV receivers market across the globe. Increase in integration of artificial intelligence in vehicles is prompting vehicle manufacturers to develop digital infotainment system, which in turn is anticipated to propel the automotive AV receivers market across the globe. Rise in production of vehicles integrated with an increasing number of safety standards across the globe is likely to further boost the automotive AV receivers market.
- Rise in adoption of advanced features in vehicles, including navigation system and entertainment system, is likely to propel the automotive AV receivers market across the globe. Rise in development of wireless technologies, including 5G connectivity and Bluetooth connectivity, is prompting vehicle manufacturers to integrate in-car entertainment systems. Increase in adoption of advanced features in vehicles, including parking management system, health monitoring system, and traffic jam assist (TJA) system is anticipated to propel the automotive AV receivers market across the globe.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Europe & Asia Pacific to hold significant share of global Automotive AV Receivers Market
- Europe is projected to account for a major share of the global automotive AV receivers market due to a rise in the demand for car infotainment system. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Panasonic Corporation, Bose Corporation who have major facilities that undertake research & development on the infotainment system, which is likely to propel the automotive AV receivers market across the globe.
- Followed by Europe, Asia Pacific is projected to hold a significant share of the global automotive AV receivers market due to an increase in sale of vehicles across the region. Rise in demand for connected vehicles across Asia Pacific is likely to drive the automotive AV receivers market in the region. Presence of major automotive parts manufacturing industries across China, India, and Japan is anticipated to propel the automotive AV receivers market in Asia Pacific.
Key Players Operating in Automotive AV Receivers Market
The global automotive AV receivers market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive AV receivers market are:
- LG Electronics
- Samsung Electronics Co.
- Sony Corporation
- Bose Corporation
- Apple Inc.
- Panasonic Corporation
- DEI Holdings Inc.
- Yamaha Corporation
- Onkyo Corporation
- Linn Products
- Tannoy Ltd
- Pioneer Corporation
- DALI A/S
- Plantronics Inc.
- VIZIO Inc.
For Right Perspective & Competitive Insights on Automotive AV Receivers Market, Request for a Sample
Global Automotive AV Receivers Market: Research Scope
Global Automotive AV Receivers Market, by Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
Global Automotive AV Receivers Market, by Component
Global Automotive AV Receivers Market, by Software
- QNX System
- WinCE System
- Linux System
Global Automotive AV Receivers Market, by Connectivity
Global Automotive AV Receivers Market, by Sales Channel
Read Our Latest Press Release:
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
Transparency Market Research State Tower,
90 State Street,
Albany NY – 12207
USA – Canada Toll Free: 866-552-3453
Email: [email protected]