|
|
Article: Declining System Costs to Offer Growth Impetus in the North American Automotive Navigation Systems Market.(Industry overview)
- Article from:
- Business Wire
- Article date:
- September 5, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
PALO ALTO, Calif. -- The North American automotive navigation system market's robust growth rate, irrespective of high system prices currently, is a testament to the strong consumer demand for value-added navigation systems. This is generating rational optimism in the navigation industry regarding the long-term revenue generation potential offered by these systems.
New analysis from Frost & Sullivan (www.automotive.frost.com), Analysis of North American Automotive Navigation Systems Market, finds that the market earned revenues of approximately $1.98 billion in 2006 and estimates this to reach $4.64 billion in 2013.
If you are interested in a virtual ...