Automotive TV Tuner Market Analysis

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Global Automotive TV Tuner Market to Grow with a
CAGR of 2.7 Over 2022-2031 Growing Popularity
of Electric Vehicle, Rising Demand of Luxury Car
and Vehicle Infotainment System is to Elevate
the Market Growth Kenneth Research has released a
report titled Automotive TV Tuner Market
Global Demand Analysis Opportunity Outlook
2031 which also includes some of the prominent
market analyzing parameters such as industry
growth drivers, restraints, supply and demand
risk, along with the impact of COVID-19 and a
detailed discussion on the latest trends and
future opportunities that are associated with the
growth of the market.
The global automotive TV tuner market garnered a
revenue of USD 111.2 million in 2021. The market
is expected to grow at a CAGR of 2.7 over the
forecast period, i.e., 2022-2031. Increasing
demand for luxury cars, rising need of vehicle
infotainment system, higher adoption of E-cars
and more
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number of people buying cars is to propel the
market growth. The market is expected to be
valued at USD 145.5 million by the end of
2031. The global automotive TV tuner market is
segmented by vehicle type, platform, sales
channel and by region. On the basis of vehicle
type, market is fragmented into passenger car,
light commercial vehicle and heavy commercial
vehicle. The passenger segment is to show highest
growth. The segment garnered a revenue of USD
92.6 million in 2021. The segment is expected to
collect the revenue of USD 121.8 million by the
end of 2031 by growing at a CAGR of 2.8 over
the forecast period. This growth is expected on
the account of increased sales of the passenger
car. By region, market is segmented into North
America, Europe, Asia Pacific, Latin America and
Middle East Africa region. Amongst all, the
market in Asia Pacific is to grow at the rate of
2.5 CAGR over the forecasted period. The market
in the Asia Pacific is to garner a revenue of USD
56.5 million by the end of 2031 as a revenue.
The Asia Pacifics market collected the revenue
of USD 44 million in 2021. Increasing popularity
of electric cars and luxury cars among the
population is to propel the market in the Asia
Pacific. The research is global in nature and
covers detailed analysis on the market in North
America (U.S., Canada), Europe (U.K., Germany,
France, Italy, Spain, Hungary, Belgium,
Netherlands Luxembourg, NORDIC Finland,
Sweden, Norway, Denmark, Poland, Turkey, Russia,
Rest of Europe), Latin America (Brazil, Mexico,
Argentina, Rest of Latin America), Asia-Pacific
(China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa
(Israel, GCC Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman, North Africa, South
Africa, Rest of Middle East and Africa). In
addition, analysis
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comprising market size, Y-O-Y growth
opportunity analysis, market players
competitive study, investment opportunities,
demand for future outlook etc. has also been
covered and displayed in the research
report. Strict rules and regulation imposed by
government to secure the environment, dearth of
skilled workers and higher cost of updating the
engine are few factors likely to hamper the
market growth. This report also provides the
existing competitive scenario of some of the key
players of the global automotive TV tuner market,
which includes company profiling of Maxim
Integrated, TE Connectivity, PIONEER ELECTRONIC
ASIACENTRE PTE. LTD., Clarion, Socionext Inc.,
Fujitsu Limited, Skyworks Solutions, Inc.,
Microtune Inc., Sony Group Corporation, and
others. The profiling enfolds key information of
the companies which comprises of business
overview, products and services, key financials
and recent news and developments. Conclusively,
the report titled Automotive TV Tuner Market
Global Demand Analysis Opportunity Outlook
2031, analyses the overall the global
automotive TV tuner industry to help new
entrants to understand the details of the market.
In addition to that, this report also guides
existing players looking for expansion and major
investors looking for investment in the global
automotive TV tuner market in the near
future. Request Report Sample_at_ https//www.kenneth
research.com/sample- request-10352423 Kenneth
Research is a leading service provider for
strategic market research and consulting. We aim
to provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to
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take wise decisions for their future marketing
strategy, expansion and investment etc. We
believe every business can expand to its new
horizon, provided a right guidance at a right
time is available through strategic minds. Our
out of box thinking helps our clients to take
wise decision in order to avoid future
uncertainties. Contact for more Info AJ
Daniel Email info_at_researchnester.com U.S.
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