PROSPECTS AND OPPORTUNITIES
In-car entertainment will become more and more obsolete
In-car entertainment including all subcategories is expected to continue declining in volume and constant value terms in the forecast period. In-car navigation is expected to keep suffering, due to the increasing number of advanced on-board computers with built-in navigation devices and the growing popularity of smartphone apps for road navigation.
Lower importance of owning a car will also dent sales
Volume sales decline of in-car entertainment and, above all, in-car audio will be linked to consumers’ lower interest in owning their own car and spending less in this area. Consumers are likely to use more public transport while there is also growth potential in car sharing and car rental.
Likely end of Forstinger will reshape retail distribution
It seems very unlikely that the Forstinger chain will manage to regain profitability and so it can be assumed that the retailer will not survive over the forecast period. The availability of in-car entertainment and in-car audio, for consumers in the retail sector, will continue to deteriorate seriously as a result.
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Overview:
Understand the latest market trends and future growth opportunities for the In-Car Entertainment industry in Austria 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 Austria, 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 Austria 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 Austria?
- Which are the leading brands in Austria?
- How are products distributed in Austria?
- 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?
In-Car Entertainment in Austria - Category analysis
KEY DATA FINDINGS
Negative sales continue for in-car entertainment
Changes in retail distribution as key player comes under pressure
Media spotlight on navigation devices
In-car entertainment will become more and more obsolete
Lower importance of owning a car will also dent sales
Likely end of Forstinger will reshape retail distribution
Consumer Electronics in Austria - Industry Overview
Consumer electronics in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer electronics?
DISCLAIMER
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.
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This report originates from Passport, our In-Car Entertainment research and analysis database.
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