New-Age Car Electronics Market Study by Global Sources16 Feb 2012 • by Natalie Aster
China’s car electronics industry is strengthening its global position, with function integration and value-added specifications as the key factors driving sales. The line is moving upmarket as more manufacturers develop models for the midrange and high-end sectors to buoy profit margins. With the aftermarket as the primary target, suppliers are releasing devices that adapt to the latest trends in car infotainment, navigation and digital broadcasting. Demand from merging destinations such as Russia, the Middle East, South America and Southeast Asia are expected to keep trade robust. The EU and the US, however, remain the key export markets of suppliers despite current economic challenges there. Increased security awareness is hastening development in car safety electronics. The accessories supplier pool, meanwhile, is taking advantage of the popularity of the iPad and iPhone to release compatible devices.
New report “Sourcing Report: Car Electronics ” by Global Sources covers the major products of China’s car electronics industry, namely car audio, car video and DVD players, car monitors, car safety electronic systems, and car electronic accessories. For each category, details about the different types offered, their common features and price determinants are provided.
The report elaborates on issues affecting R&D, production and exports. It also identifies the common strategies manufacturers are employing to boost sales and enhance overall competitiveness. To reflect the industry structure, the majority of the suppliers featured in this report are local, privately owned enterprises. Hong Kong-, Taiwan- and other foreign invested businesses are also covered. The province of Guangdong is the main production center. Reflecting this structure, nearly 85 percent of featured companies are based there.
Sourcing Report: Car Electronics
Published: December, 2011
Price: US$ 450,00
To produce this report, Global Sources interviewed a wide range of suppliers. Rather than focus simply on high-profile makers, we compiled a representative sample of large, midsize and emerging manufacturers. All profiled companies are export-oriented professional suppliers that are verified by Global Sources. Each supplier is confirmed to be authentic with a legally registered business. All companies are visited three or more times by Global Sources to ensure they are export-ready and have real offices and products. The listed contact person has been verified to represent the registered company. In each case, companies were required to answer specific questions designed to verify their manufacturing and export credentials.
More information can be found in the report “Sourcing Report: Car Electronics” by Global Sources.
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