In-care entertainment is shrinking fast in Taiwan and as such, several major brands are working towards building their presence in other product areas within consumer electronics. Wearable electronics is especially active, with in-car players increasingly shifting to development of a range of wearable products including activity and medical versions.
In Nov 2021, the Taiwanese government decided to extend its subsidy programme for the purchase of new electric cars until January 2026 to encourage consumers to scrap older vehicles. Such initiatives may stimulate consumers to replace older vehicles with new cars, at least until such policies expire.
As previously mentioned, other non-grocery retailers led distribution in in-car entertainment in 2023, followed very closely by e-commerce. Car workshops are home to specialists such as mechanics and technicians who are able to share their expert knowledge and advice during the installation process and later, during the warranty period.
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Understand the latest market trends and future growth opportunities for the In-Car Entertainment industry in Taiwan 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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