Thursday, 20 February 2014

Global In-Car Entertainment (ICE) System Market worth $14.4 Billion by 2016 : Global Forecast and Analysis.

In-Car Entertainment (ICE) or sometimes referred as In-Car Infotainment (ICE) or In-Vehicle Infotainment is system of hardware devices particularly exploiting consumer electronics items installed into vehicles to provide audio and/or audio/video entertainment. It also includes automotive navigation systems (SatNav). In-Car Entertainment (ICE) system includes playing media such as CDs, DVDs, TV, USB, surround sound, or DSP systems, video game consoles etc. Due to reduced costs of LCD monitors and reduced cost of the converging media playable technologies. In-Car Entertainment has become more widely available now.


In-Car Entertainment (ICE) and information system has redifeined the conventional car entertainment by having offered digital and internet radio. Theses radios offered unlimited music from the external world to the customer. Earlier only navigation system like Global Positioning System (GPS) was available to the customers. By integrating it with ICE, the system has become more valuable. Initially being an integral part of luxury cars only, ICE system is now emerging as a differential factor for the mid-segment cars too.


                Source: http://en.wikipedia.org/

In-Car Entertainment (ICE) and information systems offer both entertainment and information services replacing multiple products and providing a system that offers enhanced user experience to the customer. ICE systems have been featured in TV shows such as MTV’s Pimp My Ride. In-Car Entertainment & Information systems have offered a new option to the user of using all the products like radio, DVD players, display screens, navigation systems in the same system. Auto-OEMs are using Entertainment & Information systems as differentiation tool and planning to extend the trend in the mid-segment cars which was earlier being position in luxury cars.

According to a market research report by MarketsandMarkets, the total In-Car Infotainment (ICI) Market is expected to reach $14.4 billion by 2016 at a CAGR of 12.1% from 2011 to 2016. The report provides the Global forecast & analysis by OEM and Aftermarket (2011 – 2016) by OEM & Aftermarket, by Products (Audio, Display, GPS, Software Platform, Service, Accessories), by Applications (Entertainment, Location Based Services, Communication).

Some of the prominent players of ICE System are Harman International (U.S.), JVC-Kenwood (Japan), Pioneer (Japan), Deplhi (Japan), Denso (Japan),  Alpine (Japan) and Bosch (Germany). Some of navigation system and service providers are TomTom (The Netherlands) and Garmin (U.S.) Some of software (Platform) developers include Intel (U.S.), Luxoft (Russia), KPIT (India), and Nuance (U.S.) Some of ICE service providers are Aha – Harman (U.S.), and Meego (U.S.).

The report can be referred here:

No comments:

Post a Comment