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(IT-NEWSWIRE.COM, February 26, 2018 ) Commercial vehicle infotainment systems allow the driver to control audio or video sources as per his preferences from his position. Along with entertainment, these systems also provide information regarding the vehicle, navigation, and connectivity. The global automotive industry is highly competitive. Due to the nature of competition, product life cycle, and consumer demand, the global automotive industry goes through dynamic growth phases. Currently, the industry is characterized by companies relocating their production centers from developed to developing regions. During the 2008-2009 global financial crisis, the industry experienced a considerable decline in demand. However, the markets have stabilized now, which is primarily due to the relative economic stability in developed nations. The exhibit below depicts the GDP performance of top economies.
Publisher's analysts forecast the global commercial vehicle infotainment system market to grow at a CAGR of 12.64% during the period 2017-2021.
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One of the primary drivers for this market is the rising popularity of smartphone integration with the in-vehicle infotainment system. The demand for in-vehicle connectivity and telematics has led to technological improvements, which aim at enhancing the overall in-vehicle experience for the driver. The evolution of the trend of connectivity in vehicles has resulted in consumers connecting their smartphones and tablets to the vehicle's infotainment systemsto access enhanced entertainment and information.
Key vendors
- Alpine Electronics
- Continental
- Delphi
- Denso
- HARMAN International
- Panasonic
Other prominent vendors
- Airbiquity
- Clarion
- CSR
- FUJITSU TEN
- Garmin
- Parrot Automotive
- Bosch
- TomTom International
- Visteon
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Market driver
- Provision for smartphone integration with the in-vehicle infotainment system.
Market challenge
- Escalating customer expectations is increasing complexity.
Market trend
- Growing popularity of open-source platform in automotive infotainment.
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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Key questions answered in this report
- What will the market size be in 2021 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?
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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