China Creates $4 Billion Automotive Infotainment Opportunity. OEM Sales & Cost Reduction On Offer But No Domestic Aftermarket,
Strategy Analytics: the high growth Chinese domestic market for vehicle entertainment and navigation systems will be worth at least $4 Billion by 2013, and shows that the market opportunity will be dominated for some time by vehicle OEM business, and that the domestic Aftermarket will not become significant until 2007 and onwards. Additionally, there are significant cost reduction opportunities for any international infotainment system vendor willing to invest locally, but that Japanese vendors are leading this charge.
For international automotive infotainment system suppliers, China offers opportunities to reduce component and system production costs, to increase access to international/Chinese vehicle OEM joint ventures, and to respond to the growing domestic Chinese OE market .
China Automotive Infotainment Market Publ 20060816
<< Home