Retail volume sales of in-car entertainment in Chile are set to decrease at a CAGR of 4% over the forecast period, falling to 115,000 units by 2030. The category’s ongoing weak performance will primarily be due to the rise of factory-installed embedded car entertainment technology.
Producers of in-car entertainment in Chile face significant challenges as alternative brands continue to exert pressure in the local market. Despite the absence of new major players to attract consumers, alternative brands are gaining ground, particularly in in-dash media players and in-car speakers.
Although sales volumes are expected to continue decreasing, there is likely to be a notable trend towards premiumisation within in-car entertainment in Chile over the forecast period. Despite the anticipated volume decline, consumers who do make purchases are likely to invest in higher-end brands and models.
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Understand the latest market trends and future growth opportunities for the In-Car Entertainment industry in Chile with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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In-Car Entertainment
In-car Entertainment consists of In-Dash Media Players, In-Car Navigation, and In-Car Speakers.
See all of our definitionsThis report originates from Passport, our In-Car Entertainment research and analysis database.
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