Fort Collins, Colorado, May 08, 2024 (GLOBE NEWSWIRE) --
The growing demand for convenience and information systems encourages industry development.
The bus infotainment system market encompasses solutions explicitly tailored for buses. These systems aim to enrich the passenger experience by offering diverse entertainment and information services during transit. These systems integrate multiple components, including displays, audio systems, connectivity solutions, and passenger information systems, to deliver a comprehensive entertainment and information experience for bus passengers.
Critical components of bus infotainment systems comprise LCD/LED displays for video playback and route information, audio systems for music and announcements, Wi-Fi hotspots for internet connectivity, and passenger information systems for providing route details, estimated arrival times, and other relevant information. These systems find application across various bus types, such as long-distance buses, city buses, school buses, and tour buses, catering to passenger segments with features like movies, music, games, news, and internet access to enhance the travel experience.
The market's growth is propelled by the increasing demand for enhanced passenger comfort and entertainment, the emergence of smart mobility solutions, and the rising adoption of connected technologies in the transportation sector. In essence, the bus infotainment system market endeavors to elevate and enrich the travel experience for bus passengers by seamlessly integrating various entertainment and information technologies into bus transportation systems.
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Segmentation Overview:
The bus infotainment system market has been segmented into type, technology, application, and region.
The in-vehicle infotainment system accounted for a substantial share in 2023.
- Based on type, the market is segmented into in-vehicle infotainment system and aftermarket infotainment system. The in-vehicle infotainment system holds a substantial share of the type segment of the bus infotainment system market. This is because most bus manufacturers integrate infotainment systems as a standard feature in new buses to provide a better experience for passengers and stay competitive in the market.
Commercial vehicles registered a significant market share in 2023.
- The market segmentation based on application includes passenger vehicles and commercial vehicles. Commercial vehicles hold a substantial share of the bus infotainment system market's application segment. This is because commercial vehicles, including buses, typically require more advanced infotainment systems to cater to passengers' needs during long-distance travel.
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Bus Infotainment System Market Report Highlights:
- The bus infotainment system market growth is anticipated at a CAGR of 9.6% by 2032.
- Integrating advanced technologies and data analytics will drive market demand during the forecast period.
- As stated in a report by the European Commission on intelligent transport systems, Europe is anticipated to observe substantial growth in the bus infotainment system market. This growth is driven by adopting advanced infotainment systems that comply with stringent safety and emission regulations.
- Some prominent players in the bus infotainment system market report include Alpine Electronics Inc., Continental AG, DENSO Corporation, Panasonic Corporation, Robert Bosch GmbH, HARMAN International, Pioneer Corporation, Aptiv PLC, Visteon Corporation, Garmin Ltd., Desay SV Automotive, Mobis Parts Australia Pty Ltd.
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