Electric Vehicle (EV) Infotainment Market Analysis, Major Competitor and Strategies, and Regional Outlook to 2025 “The electric vehicle infotainment market size is expected to grow at a CAGR of 69.0% over the forecast period as the scope, product types, and its applications are increasing across the world.”
Global Electric Vehicle (EV) Infotainment Market size is expected to reach USD 225.0 billion by 2025. An electric vehicle uses electric motors or traction motors for propulsion using electric energy from batteries. The EV infotainment system is itself integrated in an electric vehicles’ information system with public transport networks to provide a unique user experience to the driver. This infotainment system connects the electric vehicle to charging station networks and provides improved geo-positioning services such as route mapping, traffic monitoring, and location detection functions. The electric vehicle infotainment market size is expected to grow at a CAGR of 69.0% over the forecast period as the scope, product types, and its applications are increasing across the world. The rising demand for in-car infotainment systems, growing acceptance of small & medium sized EVs, and growing demand for head-up & rear seat entertainment systems in EVs are factors that may boost overall market in the years to come. Increasing demand for GPS navigation enabled infotainment system, rising demand for smartphone integration with in-vehicle infotainment (IVI) system, growing urban population, and booming automobile industry are the major factors driving the growth of EV infotainment market in the forecast period. However, high maintenance & installation cost of the rear seat entertainment system is expected to restrain the EV infotainment industry in the forecast period. The electric vehicle (EV) infotainment market is categorized based on system type, connectivity type, end user, and geography.
Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/electric-vehicle-ev-infotainment-market/request-sample