Albany,NY (PRWEB) December 07, 2013
Generally, low and medium-end passenger cars are only equipped with simple audio system, including one head unit with digital receiver and CD play functions, one dual-channel power amplifier, ordinary crossover and two to four loudspeaker units; most commercial vehicles have no CD player; navigation function is added to high-class cars, which stores electric map in DVD in early stage, but in HDD and flash memory card in recent years.
Browse Complete Report With TOC At: http://www.researchmoz.us/global-and-china-automotive-audio-and-infotainment-industry-report-2013-report.html
In 2013, global infotainment market size approximated US$30.1 billion, an increase of 4.2% from a year earlier; and the decelerated growth was due to the sluggish European automotive market and lower infotainment prices. The market is expected to restore growth from the next year, with the size up 12.2% to US$33.8 billion in 2014, US$40.1 billion in 2015 and US$45.6 billion in 2016.
Infotainment market growth is largely because its increased and upgraded functions have greatly raised price. High-end infotainment map will be upgraded to 3D map, with display up from 6-8 inches to 10-12 inches, and rear-seat entertainment system will be more popular, also accompanied by the adding of 3G or 4G network connection as well as the mushrooming of corresponding smart phone APPs.
Infotainment will also see qualitative leap i.e. added by advanced driver assistance systems (ADAS); thus HUD system is bound to be added in the future, which will significantly improve the cost, but also means instrument cluster companies need to collaborate with infotainment vendors. Japan’s Aisin AW and DENSO, U.S. Visteon and Delphi, Germany’s Continental and South Korea’s Mobis all have instrument cluster business, showing obvious future edges.
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In the industry, OEM market is by degrees expanding, while after market is just the opposite, because today’s high-end automotive configuration will become tomorrow’s low- and mid-end automotive configuration. Despite a shrinking trend, the aftermarket still attracts quite some small vendors due to the low threshold, especially the Chinese market gathers hundreds, many of them see annual revenue of less than RMB20 million. There is serious product homogeneity in the Chinese market, accompanied by fierce price competition. Large vendors, always, can’t bear the meager profit to declare bankruptcy, e.g. Huizhou Freeway Electronics Co., Ltd. which was closed down in August 2013.
Global Automotive Audio System Market 2011-2015
Global Automotive Audio System Market to grow at a CAGR of 4.5 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increase in automotive production and sales. The Global Automotive Audio System market has also been witnessing the emergence of premium audio systems for low-cost cars. However, the growth of the market for counterfeit goods could pose a challenge to the growth of this market. Global Automotive Audio System Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Automotive Audio System market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Browse Full Report with TOC: http://www.researchmoz.us/global-and-china-automotive-audio-and-infotainment-industry-report-2013-report.html
Global and China Automotive Audio and Navigation Industry Report, 2011-2012
Generally, low and medium-end passenger cars are only equipped with simple audio system, including one head unit with digital receiver and CD play functions, one dual-channel power amplifier, ordinary crossover and two to four loudspeaker units; most commercial vehicles have no CD player; navigation function is added to high-class cars, which stores electric map in DVD in early stage, but in HDD and flash memory card in recent years. Audio performance of high-class cars has been improved a lot, with four to eight channels for power amplifier, accompanied by increased power for each channel, and loudspeakers can outnumber ten at most. For luxury cars, wireless communication functions involving 3G, telematics, Bluetooth, WiFi, etc. as well as the rear seat entertainment system have been added, usually, this system is referred to as Infotainment.Browse Full Report with TOC: http://www.researchmoz.us/global-and-china-automotive-audio-and-navigation-industry-report-2011-2012-report.html
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