It was estimated that LG Electronics would account for around 11.8 percent of the global automotive audiovisual (AV) or audiovisual navigator (AVN) market in 2023. Due to the growing demand of autonomous driving technology and IoT connectivity in the automotive industry, the automotive AV/AVN market is expected to continue growing. Revenue from LG Electronics' vehicle component sector has increased significantly every year to around 10.15 trillion South Korean won in 2023.
Global automotive audiovisual (AV) or audiovisual navigator (AVN) market share of LG Electronics from 2017 to 2023
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DART. (March 18, 2024). Global automotive audiovisual (AV) or audiovisual navigator (AVN) market share of LG Electronics from 2017 to 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1092066/lg-electronics-automotive-av-avn-global-market-share/
DART. "Global automotive audiovisual (AV) or audiovisual navigator (AVN) market share of LG Electronics from 2017 to 2023." Chart. March 18, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1092066/lg-electronics-automotive-av-avn-global-market-share/
DART. (2024). Global automotive audiovisual (AV) or audiovisual navigator (AVN) market share of LG Electronics from 2017 to 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1092066/lg-electronics-automotive-av-avn-global-market-share/
DART. "Global Automotive Audiovisual (Av) or Audiovisual Navigator (Avn) Market Share of Lg Electronics from 2017 to 2023." Statista, Statista Inc., 18 Mar 2024, https://www.statista.com/statistics/1092066/lg-electronics-automotive-av-avn-global-market-share/
DART, Global automotive audiovisual (AV) or audiovisual navigator (AVN) market share of LG Electronics from 2017 to 2023 Statista, https://www.statista.com/statistics/1092066/lg-electronics-automotive-av-avn-global-market-share/ (last visited December 21, 2024)
Global automotive audiovisual (AV) or audiovisual navigator (AVN) market share of LG Electronics from 2017 to 2023 [Graph], DART, March 18, 2024. [Online]. Available: https://www.statista.com/statistics/1092066/lg-electronics-automotive-av-avn-global-market-share/