Bus Infotainment System Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026
| Published: Apr 2022 | Pages: 141 | SKU: IRTNTR73202 |
The bus infotainment system market share is expected to increase by USD 232.14 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.59%.
This bus infotainment system market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers bus infotainment system market segmentation by application (transit buses, coaches, and transfer buses) and geography (APAC, Europe, South America, Middle East and Africa, and North America). The bus infotainment system market report also offers information on several market vendors, including ACTIA Group, Axinom GmbH, Azimut Emotion Bus Solutions., Continental AG, Integrabus, LUMINATOR, Micro Star Intl Co Ltd., Robert Bosch GmbH, VIA TECHNOLOGIES Inc., and ZF Friedrichshafen AG among others.
What will the Bus Infotainment System Market Size be During the Forecast Period?
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Bus Infotainment System Market: Key Drivers, Trends, and Challenges
The provision of smartphone support features with in-vehicle infotainment system is notably driving the bus infotainment system market growth, although factors such as integration of infotainment system may lead to driver distractions and it may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the bus infotainment system industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Bus Infotainment System Market Driver
One of the key factors driving the global bus infotainment system market growth is the provision of smartphone support features with the in-vehicle infotainment system. As consumers started increasing their interaction with their personal mobile devices, they expected the same experience from in-vehicle entertainment and information systems. This has resulted in consumers connecting their smartphones and tablets to the vehicles infotainment systems to access enhanced entertainment and information. In addition, to cater to the consumers changing demands, bus infotainment manufacturers are integrating ease of accessing smartphone support features such as Wi-Fi systems, charging ports, and online phone applications, which will further support the market growth in the coming years.
Key Bus Infotainment System Market Trend
Advertisement as a new revenue source for many OEMs through in-vehicle infotainment is one of the key bus infotainment system market trends that is expected to impact the industry positively in the forecast period. For instance, Rovi Corporation is getting a lot of interest from automotive OEMs, as it has a robust ad distribution platform that can target adverts based on viewing habits. The ultimate goal of in-vehicle advertising for advertisers is to convert their ads to actual transactions. However, small players (in the advertisement industry) need to work extensively with many other stakeholders in the market to increase the adoption of this concept to facilitate the growth of the industry. This will further support the market growth in the forecast years.
Key Bus Infotainment System Market Challenge
One of the key challenges to the global bus infotainment system market growth is the distractions due to the integration of the infotainment system. Though infotainment systems have voice-activated features, which are available in premium infotainment systems, they still need hand-held operations to access information. The distractions could lead to delays in braking and slow reaction time or failure to react to visual clues during accidents or while driving. In addition, modern infotainment systems have become complicated owing to the addition of numerous features that are increasing the potential for distracted driving. Thus, as more buses and coaches come equipped with infotainment systems, the chances of accidents owing to distracted driving are expected to increase. This may limit the adoption of infotainment systems in the coming years.
This bus infotainment system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global bus infotainment system market as a part of the global automotive components and accessories market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the bus infotainment system market during the forecast period.
Who are the Major Bus Infotainment System Market Vendors?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- ACTIA Group
- Axinom GmbH
- Azimut Emotion Bus Solutions.
- Continental AG
- Integrabus
- LUMINATOR
- Micro Star Intl Co Ltd.
- Robert Bosch GmbH
- VIA TECHNOLOGIES Inc.
- ZF Friedrichshafen AG
This statistical study of the bus infotainment system market encompasses successful business strategies deployed by the key vendors. The bus infotainment system market is concentrated and the vendors are deploying growth strategies such as product and technological innovations to compete in the market.
Product Insights and News
- ACTIA Group - The company offers a bus infotainment system that includes electronic vehicle management, equipment, and services aux ateliers, telecommunications, telephony mobile, broadcast, and onboard/ ground transmission solutions.
- ACTIA Group - Under the automotive segment, the company offers electronic diagnostics solutions and garage equipment.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The bus infotainment system market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Bus Infotainment System Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the bus infotainment system market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Bus Infotainment System Market?
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80% of the market's growth will originate from APAC during the forecast period. China, India, Japan, and Russia are the key markets for bus infotainment systems in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The significant increase in the demand for in-vehicle entertainment systems from emerging markets, such as India, China, Thailand, and Indonesia, will facilitate the bus infotainment system market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The public transport industry in APAC was adversely impacted in 2020 due to the COVID-19 pandemic. The imposition of stringent lockdowns and social distancing regulations compelled many public means of transport to shut down their facilities temporarily. Various bus service providers in countries such as India faced huge losses due to lockdown restrictions and increased oil prices, which negatively impacted the market growth. However, the declining COVID-19 cases, increasing vaccination rates, and ease of government lockdown restrictions marked the recovery phase in the region since 2021. The arrival of new buses in the market will drive growth in the market in focus during the forecast period.
What are the Revenue-generating Application Segments in the Bus Infotainment System Market?
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The bus infotainment system market share growth in the transit buses segment will be significant during the forecast period. The growth is attributed to the high demand for a good-quality audio system as these buses are usually crowded. Hence, fitting good-quality infotainment systems would keep the passengers entertained and enable them to listen to stoppage announcements and other information clearly.
This report provides an accurate prediction of the contribution of all the segments to the growth of the bus infotainment system market size and actionable market insights on the post-COVID-19 impact on each segment.
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Bus Infotainment System Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.59% |
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Market growth 2022-2026 |
$ 232.14 million |
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Market structure |
Concentrated |
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YoY growth (%) |
6.99 |
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Regional analysis |
APAC, Europe, South America, Middle East and Africa, and North America |
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Performing market contribution |
APAC at 80% |
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Key consumer countries |
China, India, Japan, Russia, and Brazil |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
ACTIA Group, Axinom GmbH, Azimut Emotion Bus Solutions., Continental AG, Integrabus, LUMINATOR, Micro Star Intl Co Ltd., Robert Bosch GmbH, VIA TECHNOLOGIES Inc., and ZF Friedrichshafen AG |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Bus Infotainment System Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive bus infotainment system market growth during the next five years
- Precise estimation of the bus infotainment system market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the bus infotainment system industry across APAC, Europe, South America, Middle East and Africa, and North America
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of bus infotainment system market vendors
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Transit buses - Market size and forecast 2021-2026
- Exhibit 28: Chart on Transit buses - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Transit buses - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Transit buses - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Transit buses - Year-over-year growth 2021-2026 (%)
- 5.4 Coaches - Market size and forecast 2021-2026
- Exhibit 32: Chart on Coaches - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Coaches - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Coaches - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Coaches - Year-over-year growth 2021-2026 (%)
- 5.5 Transfer buses - Market size and forecast 2021-2026
- Exhibit 36: Chart on Transfer buses - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Transfer buses - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Transfer buses - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Transfer buses - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Application
- Exhibit 40: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 North America - Market size and forecast 2021-2026
- Exhibit 62: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 India - Market size and forecast 2021-2026
- Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.10 Brazil - Market size and forecast 2021-2026
- Exhibit 74: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Brazil - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 Russia - Market size and forecast 2021-2026
- Exhibit 82: Chart on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Russia - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Russia - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 ACTIA Group
- Exhibit 93: ACTIA Group - Overview
- Exhibit 94: ACTIA Group - Business segments
- Exhibit 95: ACTIA Group - Key offerings
- Exhibit 96: ACTIA Group - Segment focus
- 10.4 Axinom GmbH
- Exhibit 97: Axinom GmbH - Overview
- Exhibit 98: Axinom GmbH - Product / Service
- Exhibit 99: Axinom GmbH - Key offerings
- 10.5 Azimut Emotion Bus Solutions.
- Exhibit 100: Azimut Emotion Bus Solutions. - Overview
- Exhibit 101: Azimut Emotion Bus Solutions. - Product / Service
- Exhibit 102: Azimut Emotion Bus Solutions. - Key offerings
- 10.6 Continental AG
- Exhibit 103: Continental AG - Overview
- Exhibit 104: Continental AG - Business segments
- Exhibit 105: Continental AG - Key news
- Exhibit 106: Continental AG - Key offerings
- Exhibit 107: Continental AG - Segment focus
- 10.7 Integrabus
- Exhibit 108: Integrabus - Overview
- Exhibit 109: Integrabus - Product / Service
- Exhibit 110: Integrabus - Key offerings
- 10.8 LUMINATOR
- Exhibit 111: LUMINATOR - Overview
- Exhibit 112: LUMINATOR - Product / Service
- Exhibit 113: LUMINATOR - Key offerings
- 10.9 Micro Star Intl Co Ltd.
- Exhibit 114: Micro Star Intl Co Ltd. - Overview
- Exhibit 115: Micro Star Intl Co Ltd. - Product / Service
- Exhibit 116: Micro Star Intl Co Ltd. - Key offerings
- 10.10 Robert Bosch GmbH
- Exhibit 117: Robert Bosch GmbH - Overview
- Exhibit 118: Robert Bosch GmbH - Business segments
- Exhibit 119: Robert Bosch GmbH - Key news
- Exhibit 120: Robert Bosch GmbH - Key offerings
- Exhibit 121: Robert Bosch GmbH - Segment focus
- 10.11 VIA TECHNOLOGIES Inc.
- Exhibit 122: VIA TECHNOLOGIES Inc. - Overview
- Exhibit 123: VIA TECHNOLOGIES Inc. - Product / Service
- Exhibit 124: VIA TECHNOLOGIES Inc. - Key offerings
- 10.12 ZF Friedrichshafen AG
- Exhibit 125: ZF Friedrichshafen AG - Overview
- Exhibit 126: ZF Friedrichshafen AG - Business segments
- Exhibit 127: ZF Friedrichshafen AG - Key news
- Exhibit 128: ZF Friedrichshafen AG - Key offerings
- Exhibit 129: ZF Friedrichshafen AG - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 130: Inclusions checklist
- Exhibit 131: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 132: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 133: Research methodology
- Exhibit 134: Validation techniques employed for market sizing
- Exhibit 135: Information sources
- 11.5 List of abbreviations
- Exhibit 136: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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bus infotainment system market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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