In-Car Entertainment in the US

July 2023 | 22 pages | ID: I07BBF6B208EN
Euromonitor International Ltd

Abstracts

2023 witnessed a remarkable recovery in new car sales in the US, a trend which defied lingering economic uncertainty fuelled by concerns over soaring inflation and the spectre of interest rate hikes. Over the first five months of the year, demand for new cars surged in key markets across the US and while this trend can be viewed as generally positive, it presented an unfavourable scenario for sales of in-car entertainment.

Euromonitor International's In-Car Entertainment in USA 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

IN-CAR ENTERTAINMENT IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
In-car entertainment declines as factory-fitted car entertainment systems suffice
Smartphones continue to contribute to declines in use of in-car navigation
Individual car usage drops among millennials due to preference for cycling
PROSPECTS AND OPPORTUNITIES
Car ownership to continue falling, resulting in low demand for in-car entertainment
Number of driving licenses drops among younger adults, sending a clear signal
In-car entertainment evolving into a niche category for enthusiasts
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
Table 6 LBN Brand Shares of In-Car Entertainment: % Volume 2020-2023
Table 7 Distribution of In-Car Entertainment by Channel: % Volume 2018-2023
Table 8 Forecast Sales of In-Car Entertainment by Category: Volume 2023-2028
Table 9 Forecast Sales of In-Car Entertainment by Category: Value 2023-2028
Table 10 Forecast Sales of In-Car Entertainment by Category: % Volume Growth 2023-2028
Table 11 Forecast Sales of In-Car Entertainment by Category: % Value Growth 2023-2028
CONSUMER ELECTRONICS IN THE US
EXECUTIVE SUMMARY
Consumer electronics in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for consumer electronics?
MARKET DATA
Table 12 Sales of Consumer Electronics by Category: Volume 2018-2023
Table 13 Sales of Consumer Electronics by Category: Value 2018-2023
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2018-2023
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2018-2023
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2019-2023
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2020-2023
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2018-2023
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2023-2028
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2023-2028
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2023-2028
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources