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| Monday, 14 February 2011, 18:27 HKT/SGT | |
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Source: Himfr.com | |
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BEIJING, Feb 14, 2011 - (ACN Newswire) - Himfr.com (http://www.himfr.com/hot-products/) latest report shows that vehicle navigation systems, especially GPS terminals will surely have a bright future in China.
The data from Himfr.com shows that by the end of 2005, less than 100 thousand vehicles in China were equipped with GPS and other navigation devices, less than 2%, much lower than the global market.
Himfr.com estimated that from 2006 to 2010, the vehicle navigation device market grew by at least 50% every year, and the total market outlet will be nearly 13 billion RMB by 2010.
The analyst from Himfr.com says that currently there are about 80 million cars in China, whose owners will be potential customers of navigation devices, and bring a vast market in the near future. Even only 10% of them choose the convenience of navigation devices, it will be a one-million-scale market.
Contact:
http://www.himfr.com/
Tel: +86-10-65569770
Email: my@himfr.com
Topic: Research / Industry Report
Source: Himfr.com
Sectors: Consumer Electronics
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From the Asia Corporate News Network
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