The report "In-vehicle infotainment market by component published by MarketsandMarkets™, the in-vehicle infotainment market is estimated to be $15.20 billion in 2016 and is projected to reach $30.47 billion by 2022, at a CAGR of 11.79 per cent. The in-vehicle infotainment market is driven by increasing vehicle production, technological advancements, telematics regulations, and increased demand for luxury vehicles.
The study segments the in-vehicle infotainment market, by component, into infotainment unit, control panel, head-up display, and telematics control unit. Of all these components, the head-up display market is estimated to grow at the highest CAGR during the forecast period. The head-up display is a niche component that is found on premium and luxury cars. With the increasing installation of head-up display and sale of premium cars, the market for head-up displays is expected to grow at a fast pace.