Welcome
on East Filters
Looking for auto parts? Please click below.
Our products
Racor Fuel filter/Water Separator
Oil water separator parts
Sakura Filters Equivalent
Fuel filter accessory
Top Searches
Oil filter
Fuel filter
Air filter
Oil water separator
Fuel water separator
Racor
Volvo
Caterpillar
Benz
Perkins
Scania
Komatsu
MAN
HINO
Iveco
TOYOTA
In-vehicle electronics sales predicted to reach $13 billion
Sales of in-vehicle consumer electronics (CE) will grow at a rate of 13 percent in 2008 to more than $12.8 billion, according to a study released last week by the Consumer Electronics Association (CEA)®.
The study, "Automotive Electronics ¡ª What Consumers Have and What They Desire," reports that the typical American spends nearly 17 hours a week in his or her vehicle. As a result, CEA finds that 38 percent of the driving age population intends to purchase and install an in-vehicle CE product over the next year.
At the top of the list are remote vehicle starters (15 percent), in-dash navigation systems (13 percent) and car alarms (12 percent). There are also strong purchase intentions for technologies like satellite radio, HD radio and DVD players.
¡°Given the amount of time that consumers are spending in their cars, it¡¯s not surprising that they¡¯re choosing to outfit their vehicles with the latest in-vehicle information and entertainment technology,¡± says Steve Koenig, CEA¡¯s senior manager of industry analysis. ¡°These are the products that make being on the road safer and more enjoyable.¡±
Based on results from this study, consumers are actually more likely to spend money on CE products that are not permanently installed in vehicles than on permanently installed CE products. Clearly, this signals consumer desire for flexibility and multi-location use when it comes to buying CE products.
¡°Consumers want to the flexibility to take their CE devices in and out of the car,¡± notes Koenig. ¡°They also want to be able to switch out devices easily as technology shifts and advances. Cars that include solutions that make it easy to connect and power portable CE devices will do well with consumers.¡±
From: search-autoparts/industry news |