Digital Media Pushes Growth in Stagnant European Car Audio Systems Market.
PR Newswire Europe, December, 2006
LONDON, December 18 /PRNewswire/ -- Across Europe, car audio systems are close to becoming a standard, saturated product offering. As a result, vehicle manufacturers and suppliers are now looking at promising alternatives such as nomadic devices, Bluetooth, DAB, satellite radio, HDD and other important digital media playback as key revenue sectors.
To leverage emerging growth opportunities, original equipment manufacturers (OEMs) need to strike the right balance between offering sophisticated features while ensuring cost-effectiveness. They must also ensure that the systems match the needs of various vehicle segments.
Frost & Sullivan (http://www.transportation.frost.com) finds that the Car Audio Systems Market in Europe earned revenues of EUR1.49...
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