Bluetooth in Automotive Market Share

Regionally, the global Bluetooth in automotive market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2036, backed by the presence of a strong mobility network in the region, a growing number of smart vehicles, as well as the rising awareness amongst the automobile users for Bluetooth technology in vehicles. For instance, as per 2022 data, more than 55% of all smart vehicles of different levels of automation sold so far across the world are in China.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of bluetooth in automotive is estimated at USD 19.89 Billion.

The bluetooth in automotive market size was over USD 18.97 Billion in 2023 and is projected to cross USD 37.59 Billion by the end of 2036, witnessing more than 5.4% CAGR during the forecast period i.e., between 2024-2036. Rising penetration of Bluetooth in cars, as well as the growing trend of keyless entry along with a surge in 5G infrastructure in automotive applications, are some of the major factors anticipated to drive the growth of the market.

Asia Pacific is anticipated to hold largest industry share by 2036, backed by presence of a strong mobility network in the region, a growing number of smart vehicles, as well as the rising awareness amongst the automobile users for Bluetooth technology in vehicles.

Panasonic Corporation, Knowit AB, NXP Semiconductors N.V., Apple Inc., Bose Corporation, LG Electronics, Toshiba Corporation, Texas Instruments Incorporated, Qualcomm Technologies, Inc.

Bluetooth in Automotive Market Share