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Article: CSM Worldwide Finds Growth in Navigation Systems Driven by All Segments.
- Article from:
- PR Newswire
- Article date:
- October 21, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. 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)
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DETROIT -- While navigation systems entered the automotive original equipment market through the luxury segment, vehicle manufacturers are migrating the systems to a wide variety of vehicle segments, according to research completed by CSM Worldwide. Segments such as sport utility vehicles and minivans will be the primary drivers of growth, nearly doubling the number of systems on the market between 2002 and 2007 resulting in a $4 billion per year industry.
The rank order in unit market share for suppliers to the current combined North American and European market is:
1. Siemens VDO
2. Harman/Becker
3. Bosch
4. Alpine
5. Visteon