Retail volume sales of in-car entertainment in Hong Kong continue to drastically decline in 2024, as many local consumers remain unwilling to make aftersales purchases when they are content to rely on the pre-installed technology in their vehicles, especially in new models. Thus, local retailers are experiencing a steady decline of customers for these products, while existing customers are also upgrading their in-car entertainment systems less frequently.
Euromonitor International's In-Car Entertainment in Hong Kong, China 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 Hong Kong, China
Euromonitor International
August 2024
List Of Contents And Tables
IN-CAR ENTERTAINMENT IN HONG KONG, CHINA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Lack of aftersales demand continues to hinder category’s performance
Consumers unwilling to buy separate in-car entertainment systems
Major brands continue to lead, as luxury vehicle owners seek entertainment systems most suitable for their cars
PROSPECTS AND OPPORTUNITIES
Improving economy could see consumers willing to pay more for upgrades
Increasing use of electric vehicles may lead to shift in in-car entertainment trends
New Wi-Fi and 5G connectivity offer further competition
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