"In-Car Entertainment in the Philippines" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Jan 11 2016

In-car entertainment volume sales increased by 11% in 2015 ??" a slight decline from 14%. The availability of substitute products such as smartphones and portable players is one factor behind reduced growth. However, consumers may continue to purchase these products due to the advantages they offer. For example, in-car navigation devices free users from having to use their smartphones for calls.

Competitive Landscape

Carnavi Corp continued to lead sales within in-car navigation devices in 2015, recording a value share of 25% due to its lower prices compared to competitor Garmin. However, Garmin recorded the fastest growth (18%) in 2015 as more consumers were willing to invest in higher quality products. Garmin is an international company known to be a leader in the development of Global Positioning System products.

Full Report Details at
- http://www.fastmr.com/prod/1097689_incar_entertainment.aspx?afid=302

Industry Prospects

In-car entertainment has a projected forecast period volume CAGR of 6% - a major decline from the review period CAGR of 14%. Slower growth can be attributed to the availability of substitutes such as smartphones and portable players. The increased penetration of in-car entertainment products as well as the fact more manufacturers are integrating these products into vehicles is also expected to reduce demand.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the In-Car Entertainment industry in Philippines 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 Philippines, our research will save you time and money while empowering you to make informed, profitable decisions.

The In-Car Entertainment in Philippines 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 Philippines?
* What are the major brands in Philippines?
* 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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You may also be interested in these related reports:

- In-Car Entertainment in Austria
- In-Car Entertainment in Turkey
- In-Car Entertainment in Sweden
- In-Car Entertainment in France
- In-Car Entertainment in Argentina

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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