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Industry: Email Alert RSS FeedCar electronics to grow 13% in 2008
Circuits Assembly, April, 2008 by Chelsey Drysdale
ARLINGTON, VA -- Sales of in-vehicle consumer electronics will grow at a rate of 13% to more than $12.8 billion in 2008, according to the Consumer Electronics Association (ce.org). The typical American spends nearly 17 hours a week in their car, the CEA says, and 38% of drivers intend to purchase and install an in-vehicle CE product during the next year.
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At the top of the list are remote vehicle starters (15%), in-dash navigation systems (13%) and car alarms (12%). There are also strong purchase intentions for technologies like satellite radio, HD radio and DVD players, the company reports.
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