Global Automotive Entertainment Systems Databank Market Report

Global Automotive Entertainment Systems Databank Market Report

The Automotive Entertainment Systems market was valued at $7,115.3 Million in 2020, and is projected to reach $14,132.3 Million by 2029 growing at a CAGR of 7.97% from 2021 to 2029. Navigation unit segment is expected to be the highest contributor to this market, with $3,105.0 Million in 2020, and is anticipated to reach $5,963.8 Million by 2029, registering a CAGR of 7.57%. Display unit segment is anticipated to reach $3,145.6 Million by 2029 with the highest CAGR of 9.39%. Navigation unit and Display unit segments collectively expected to account for about 63.4% share of the Automotive Entertainment Systems market in 2020, with the former constituting around 43.6% share. Display unit and Heads-Up display segments are expected to witness significant growth rates at a CAGR of 9.39% and 8.96% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 25.6% in the overall Automotive Entertainment Systems market in 2020, and is anticipated to reach 28.6% by 2029.