TechNavio today launched its report Global Automotive Electronic Devices Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the current and future landscape of this market.
Commenting on the report, an analyst from TechNavio™s Engineering Services team said, With the ever-increasing number of vehicles, there is an increasing need to deploy automotive electronic devices such as GPS, satellite radios, and radar detectors to provide driving assistance to end-users. The economic growth in developing countries such as India and China also contributes to the rise in vehicle population in these countries. Therefore, with the increase in technological advancement, several automotive players have started deploying GPS systems, which play a prominent role in advanced driving assistance.
According to the report, with technological advancement, the costs of automotive electronic devices are also going down. This is mainly because of the large number of vendors and their pricing strategy forcing them to change product pricing to capture the market. Moreover, this decrease in prices is also to tap the low-price sector of the market.
The report also discusses key challenges impacting this market including the lack of integration of maps among vendors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-automotive-electronic-devices-market…
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TechNavio Announces the Publication of its Report “ Global Automotive Electronic Devices Market 2011“2015
