Retail sales of in-car entertainment saw an accelerated decline in both volume and constant value terms in 2023, in spite of rising levels of new car ownership. In the case of the latter, tax incentives were a key contributor to this trend, as consumers took advantage of the extension of sales tax exemption for new car purchases (100% on locally assembled vehicles and 50% on imported ones) until March 2023, as the government sought to boost demand.
Euromonitor International's In-Car Entertainment in Malaysia 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 Malaysia
Euromonitor International
July 2023
List Of Contents And Tables
IN-CAR ENTERTAINMENT IN MALAYSIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Disappointing performance in 2023, despite rising levels of car ownership
Smart mobile navigation app Waze hinders demand for in-car navigation
Pioneer and Kenwood strengthen their leadership in in-car speakers and in-dash media players, respectively
PROSPECTS AND OPPORTUNITIES
5G will make smartphones an even more attractive alternative to in-car entertainment
Local tourism tax incentives could aid category demand, but consumers will remain price sensitive
E-commerce will continue to grow in importance
CATEGORY DATA
Table 1 Sales of In-Car Entertainment by Category: Volume 2018-2023
Table 2 Sales of In-Car Entertainment by Category: Value 2018-2023
Table 3 Sales of In-Car Entertainment by Category: % Volume Growth 2018-2023
Table 4 Sales of In-Car Entertainment by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of In-Car Entertainment: % Volume 2019-2023