Transparency Market Research
Installation of Advanced Automotive Electronic Devices makes its Market to rise Expeditiously in USA
Single User License: USD 4315.5 Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days
Request Sample Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Buy Now
REPORT DESCRIPTION The growing automotive industry and continuous technological developments have transformed the driving experience completely. Cars in today’s world are equipped with unprecedented numbers and types of advanced gadgets. Be it the GPS system or entertainment systems, everything is going digital and driving the global market for automotive electronic devices. Electronic components in vehicles make up more than 30% of the production cost, and this is expected to rise. Growing at an expected CAGR of near about 3.1% from 2012 – 2018, the market is estimated to be worth USD 18.5 billion in 2018 The Brochure of Automotive Electronic Devices Market is available in one click at: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=856 Market is primarily driven by factors such as: > Development in product technologies > Globally focusing OEM strategies > Stringent regulations > Other macro and micro economic factors Rise in disposable income, development of infrastructure, and growing urbanization is influencing the demand shift towards vehicles with advanced features and improved safety. The global automotive electronic devices market, for analysis, can be segmented based on parameters such as technologies and products. Based on the product type, the different electronic devices used in vehicles are: > GPS systems > Entertainment systems > Control devices > Video devices
Of all the product types, entertainment systems are the most vivid, and have multiple sub-segments, such as radio/audio devices, satellite radio, dashboard player, TV-DVD players, and so on. A new trend showing up in the market is the integration of multiple systems into one, so that scope for new systems or multiple installations, cost optimization, and design variations is further raised. North America still holds the largest market share, but is expected to show subdued growth during the forecast period. A similar trend is expected in European regions too, where the euro debt crisis had significant downward effect on the market growth. The market for automotive electronic devices is currently dominated by companies such as: Philips Antex Delphi Automotive Systems Sanyo Denon Yamaha Sony About TMR
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact TMR Mr.Sudip S 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/