Global Automotive Bluetooth Products Market 2024-2028
The automotive bluetooth products market is forecasted to grow by USD 1870.1 mn during 2023-2028, accelerating at a CAGR of 7.63% during the forecast period. The report on the automotive bluetooth products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for connectivity in vehicles, consumer demand for hands-free communication, and product launches by vendors.
Technavio's automotive bluetooth products market is segmented as below:
- By Vehicle Type
- Passenger car
- Commercial vehicle
- By Application
- Infotainment
- Telematics
- Communication
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increased adoption of autonomous vehicles as one of the prime reasons driving the automotive bluetooth products market growth during the next few years. Also, technological advancements in bluetooth and introduction of bluetooth-equipped motorcycles will lead to sizable demand in the market.
The report on the automotive bluetooth products market covers the following areas:
- Automotive bluetooth products market sizing
- Automotive bluetooth products market forecast
- Automotive bluetooth products market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive bluetooth products market vendors that include Bose Corp., Embitel Technologies Pvt. Ltd., Fibocom Wireless Inc., Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Murata Manufacturing Co. Ltd., NXP Semiconductors NV, Panasonic Holdings Corp., Portronics Digital Pvt. Ltd., Qualcomm Inc., Renesas Electronics Corp., Rostra Precision Controls Inc., Sai Telecom , Samsung Electronics Co. Ltd., Shenzhen Goodix Technology Co. Ltd, STMicroelectronics International N.V., Texas Instruments Inc., Toshiba Corp., and Toyota Motor Corp.. Also, the automotive bluetooth products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.