Demand for in-car speakers is supported by individuals who have a preference for very high-quality sound, and by those who can and are willing to purchase an additional sound system for their vehicle. In addition, demand for used cars in Singapore has been on the rise, due to the government’s efforts to raise the cost of car ownership.
Most manufacturers within in-car entertainment are starting to diversify into other areas and shift their focus to supply integrated systems to car makers instead, as in-car entertainment is in a long-term decline and is not expected to pick up any time in the future. Some manufacturers have also ceased the production of aftermarket components altogether, such as Garmin, which has discontinued sales of in-car navigation systems in Singapore.
Similar to the other categories within in-car entertainment, in-dash media players is also heading towards becoming obsolete. It has become the industry standard for vehicles to come equipped with built-in systems that offer entertainment to car drivers and passengers.
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Understand the latest market trends and future growth opportunities for the In-Car Entertainment industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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In-car Entertainment consists of In-Dash Media Players, In-Car Navigation, and In-Car Speakers.See All of Our Definitions
This report originates from Passport, our In-Car Entertainment research and analysis database.
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