In-Car Entertainment in South Korea

July 2023
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Overview:

Understand the latest market trends and future growth opportunities for the In-Car Entertainment industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the In-Car Entertainment industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The In-Car Entertainment in South Korea report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of In-Car Entertainment in South Korea?
  • Which are the leading brands in South Korea?
  • How are products distributed in South Korea?
  • How is the rise of e-commerce changing the retail landscape?
  • How has COVID-19 and accordant macroeconomic and retail disruption impacted consumer demand?
  • How are considerations such as urban development and the rise in single-person households driving sales growth?
  • Where is technology taking the market? Which products are pioneering growth? Which face obsolescence?
  • Where is future growth expected to be most dynamic?
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In-Car Entertainment in South Korea - Category analysis

KEY DATA FINDINGS

Built-in systems and smartphones replace in-car entertainment aftermarket sales
“Connected car” accelerates the development of built-in infotainment, negatively impacting aftermarket sales
LG Display introduces an “invisible” speaker, bringing about evolution of in-car speaker design, which will negatively impact in-car speakers
In-car entertainment volume sales to constantly decline, replaced by built-in technology and smartphones
Aftermarket platforms will put less focus on in-car entertainment and more on exterior tuning
Launch of 5G connected car data plans may accelerate innovation for built-in car entertainment, negatively impacting aftermarket sales
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 South Korea - Industry Overview

Consumer electronics in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for consumer electronics?
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

Summary 1 Research Sources
The following categories and subcategories are included:

In-Car Entertainment

  • In-Car Navigation
  • In-Car Speakers
  • In-Dash Media Players

In-Car Entertainment

In-car Entertainment consists of In-Dash Media Players, In-Car Navigation, and In-Car Speakers.

See All of Our Definitions
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  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This report originates from Passport, our In-Car Entertainment research and analysis database.

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