New Report Available: In-Car Entertainment in Hong Kong, China
New Consumer Goods market report from Euromonitor International: "In-Car Entertainment in Hong Kong, China"
[USPRwire, Mon Jan 19 2015] In-car entertainment is expected to decline by 1% in retail volume terms in 2014 with in-dash audio players displaying the steepest drop of 9%. Overall the category was affected by higher quality and performance in-car systems installed during the manufacturing process. With focus shifting to producing cars with durable and higher quality in-car entertainment systems, the after-sales market looked gloomy as consumers do not need to replace entertainment units as quickly or frequently as before.
Industry Prospects
In-car entertainment is predicted to decline slightly in retail volume sales by a CAGR of 0.5% over the forecast period. In-car video players show highest retail volume growth over the forecast period at a CAGR of 4% over 2013-2018. Manufacturers are coming out with modernised video players which provides smartphone compatibility function, navigation functions, Bluetooth-enabled, Internet-enabled features, USB port and ability to play audio and video files. This direction towards multi-feature in-car video player will spur demand as it supports more function and value adds, making it more integrated with smart technology which is immersed into consumers’ lifestyle in recent years.
Discover the latest market trends and uncover sources of future market growth for the In-Car Entertainment industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the In-Car Entertainment industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.
The In-Car Entertainment in Hong Kong, China market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of In-Car Entertainment in Hong Kong, China?
* What are the major brands in Hong Kong, China?
* What is the growth rate for in-car navigation devices?
* How will digital radio broadcast affect sales of in-car media players?
* How have in-car entertainment sales been affected by the economic downturn?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
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