Car Electronics Accessories and Communication Market, By Product Type, By Vehicle Type, By Channel Type, By Geography

Description

The Global Car Electronics Accessories and Communication Market is estimated to be valued at USD 14.8 Bn in 2024 and is expected to reach USD 21.6 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 14.8 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	5.50%	2031 Value Projection:	US$ 21.6 Bn

Figure. Car Electronics Accessories And Communication Market Share (%), By Region 2024

Car Electronics Accessories and Communication Market - IMG1

Global car electronics accessories and communication market growth is driven by rising demand for connected vehicles and advancement in car electronics devices. Factors such as increasing consumer demand for infotainment, navigation, and communication features in vehicles along with growth of autonomous vehicles can drive the market growth. Many leading automakers focuses on integrating advanced technologies and developing fully connected cars to offer enhanced in-car experience to users. Moreover, penetration of smartphones and increasing preference for integrated mobility solutions can boost sales of car accessories and electronics globally. However, high costs associated with upgraded systems and compatibility issues can hamper the market growth.

Market Dynamics-

Global car electronics accessories and communication market growth is driven by factors such as rising demand for enhanced driving experience, growing preference for connectivity and infotainment, and development of autonomous vehicles. Advanced connectivity features introduced by prominent automakers can boost sales of car accessories. However, high costs of technologically advanced accessories and compatibility issues with certain vehicles can hamper the market growth. Emerging trends of integrated mobility presents significant opportunities with innovations in areas of e-call integration, navigation, and vehicle-to-everything communication. Market players focuses on developing innovative accessories and solutions to strengthen their footprint.

Key features of the study-

This report provides in-depth analysis of the global car electronics accessories and communication market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global car electronics accessories and communication market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Robert Bosch, Clarion Corp, Magnit, Pioneer, Alpine, Garmin, Panasonic, and JVC Kenwood

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global car electronics accessories and communication market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global car electronics accessories and communication market

Market Segmentation

By Product Type Insights (Revenue, USD, 2019 - 2031)
- LCDs
- Music System
- Mobile Chargers
- Communication
- Cigarette Lighters
By Vehicle Type Insights (Revenue, USD, 2019 - 2031)
- Passenger Cars
- Pickup Trucks
By Channel Type Insights (Revenue, USD, 2019 - 2031)
- OEM
- Aftermarket
Regional Insights (Revenue, USD, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Pioneer Corporation
- Sony Corporation
- Alpine Electronics, Inc
- Bosch
- Continental AG
- Garmin Ltd.
- Panasonic Automotive Systems
- Clarion Co., Ltd.

Product Code: CMI4675

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
- Executive Summary
Market Snippet, By Product Type
- Market Snippet, By Vehicle Type
- Market Snippet, By Channel Type
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Recent Developments/Updates
- Industry Trend

4. Global Car Electronics Accessories and Communication Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Car Electronics Accessories and Communication Market - COVID-19
Impact Analysis

5. Global Car Electronics Accessories and Communication Market, By Product Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
LCDs
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Music System
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Mobile Chargers
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Communication
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Cigarette Lighters
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

6. Global Car Electronics Accessories and Communication Market, By Vehicle Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Passenger Cars
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Pickup Trucks
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

7. Global Car Electronics Accessories and Communication Market, By Channel Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
OEM
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Aftermarket
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

8. Global Car Electronics Accessories and Communication Market, By Region, 2019 - 2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Vehicle Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Channel Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Vehicle Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Channel Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Vehicle Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Channel Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Vehicle Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Channel Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Vehicle Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Channel Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Vehicle Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Channel Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country/Region, 2019- 2031, (US$ Bn)
  - South Africa
  - North Africa
  - Central Africa

9. Competitive Landscape

Pioneer Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
Sony Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
Alpine Electronics, Inc
- Company Overview
- Product Portfolio
- Recent Developments/Updates
Bosch
- Company Overview
- Product Portfolio
- Recent Developments/Updates
Continental AG
- Company Overview
- Product Portfolio
- Recent Developments/Updates
Garmin Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
Panasonic Automotive Systems
- Company Overview
- Product Portfolio
- Recent Developments/Updates
Clarion Co., Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. References and Research Methodology

References
Research Methodology
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