In-car entertainment in Canada is projected to continue to see a decline in retail volume sales in 2024. Multiple factors are driving a reduced demand for in-car entertainment in the market. For example, the rate of car ownership in Canada in 2024 is set to decrease, as reported in Euromonitor International’s Voice of the Consumer: Mobility Survey. In 2024, 71.5% of respondents report car ownership, compared to 73.1% in 2023. New and used car prices in 2024 are also higher compared to pre-Corona...
Euromonitor International's In-Car Entertainment in Canada report offers a comprehensive guide to the size and shape of the in-home, portable and in-car consumer electronics products markets at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, distribution or pricing issues. Forecasts illustrate how the market is set to change.
Product coverage: In-Car Navigation, In-Car Speakers, In-Dash Media Players.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the In-Car Entertainment market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
In-Car Entertainment in Canada
Euromonitor International
July 2024
List Of Contents And Tables
IN-CAR ENTERTAINMENT IN CANADA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Demand is muted by a decline in car usage and high car prices
Built-in infotainment systems in electric vehicles (EVs) reduces the need for aftermarket sales
Smartphone replacement of in-car navigation lowers the demand for legacy products
PROSPECTS AND OPPORTUNITIES
Further decline in retail volume sales as in-car entertainment evolves into a niche supported by car enthusiasts and audiophiles
Retail e-commerce to remain the key distribution channel due to convenience and broad assortments
Federal government zero-emissions vehicle mandate to exert pressure on sales
CATEGORY DATA
Table 1 Sales of In-Car Entertainment by Category: Volume 2019-2024
Table 2 Sales of In-Car Entertainment by Category: Value 2019-2024
Table 3 Sales of In-Car Entertainment by Category: % Volume Growth 2019-2024
Table 4 Sales of In-Car Entertainment by Category: % Value Growth 2019-2024
Table 5 NBO Company Shares of In-Car Entertainment: % Volume 2020-2024