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In-Car Entertainment in Canada

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    Report

  • 19 Pages
  • July 2024
  • Region: Canada
  • Euromonitor International
  • ID: 1449473
In-car entertainment in Canada is projected to continue to see a decline in retail volume sales in 2024. Multiple factors are driving a reduced demand for in-car entertainment in the market. For example, the rate of car ownership in Canada in 2024 is set to decrease, as reported in the Voice of the Consumer: Mobility Survey. In 2024, 71.5% of respondents report car ownership, compared to 73.1% in 2023. New and used car prices in 2024 are also higher compared to pre-Corona

The In-Car Entertainment in Canada report offers a comprehensive guide to the size and shape of the in-home, portable and in-car consumer electronics products markets at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, distribution or pricing issues. Forecasts illustrate how the market is set to change.

Product coverage: In-Car Navigation, In-Car Speakers, In-Dash Media Players.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the In-Car Entertainment market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Demand is muted by a decline in car usage and high car prices
  • Built-in infotainment systems in electric vehicles (EVs) reduces the need for aftermarket sales
  • Smartphone replacement of in-car navigation lowers the demand for legacy products
PROSPECTS AND OPPORTUNITIES
  • Further decline in retail volume sales as in-car entertainment evolves into a niche supported by car enthusiasts and audiophiles
  • Retail e-commerce to remain the key distribution channel due to convenience and broad assortments
  • Federal government zero-emissions vehicle mandate to exert pressure on sales
CATEGORY DATA
  • Table 1 Sales of In-Car Entertainment by Category: Volume 2019-2024
  • Table 2 Sales of In-Car Entertainment by Category: Value 2019-2024
  • Table 3 Sales of In-Car Entertainment by Category: % Volume Growth 2019-2024
  • Table 4 Sales of In-Car Entertainment by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of In-Car Entertainment: % Volume 2020-2024
  • Table 6 LBN Brand Shares of In-Car Entertainment: % Volume 2021-2024
  • Table 7 Distribution of In-Car Entertainment by Channel: % Volume 2019-2024
  • Table 8 Forecast Sales of In-Car Entertainment by Category: Volume 2024-2029
  • Table 9 Forecast Sales of In-Car Entertainment by Category: Value 2024-2029
  • Table 10 Forecast Sales of In-Car Entertainment by Category: % Volume Growth 2024-2029
  • Table 11 Forecast Sales of In-Car Entertainment by Category: % Value Growth 2024-2029
CONSUMER ELECTRONICS IN CANADA
EXECUTIVE SUMMARY
  • Consumer electronics in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer electronics?
MARKET DATA
  • Table 12 Sales of Consumer Electronics by Category: Volume 2019-2024
  • Table 13 Sales of Consumer Electronics by Category: Value 2019-2024
  • Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2019-2024
  • Table 15 Sales of Consumer Electronics by Category: % Value Growth 2019-2024
  • Table 16 NBO Company Shares of Consumer Electronics: % Volume 2020-2024
  • Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2021-2024
  • Table 18 Distribution of Consumer Electronics by Channel: % Volume 2019-2024
  • Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2024-2029
  • Table 20 Forecast Sales of Consumer Electronics by Category: Value 2024-2029
  • Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2024-2029
  • Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources