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Global Automotive Electronics Market 2012-2016 with Delphi Automotive plc, JVC Kenwood Corp. and Panasonic Corp. Dominating(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/vhjhq3/global_automotive) has announced the addition of the "Global Automotive Electronics Market 2012-2016" report to their offering. TechNavio's analysts forecast the Global Automotive Electronics market to grow at a CAGR of 3.31 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for entertainment devices. The market has also been witnessing a growth through integration of electronics in vehicles. However, decreased investment in automotive electronic devices due to its high cost could pose a challenge to the growth of this market. The key vendors dominating this market space include Alpine Electronics Inc., Denso Corp., Delphi Automotive plc, JVC Kenwood Corp., Panasonic Corp., and Pioneer Corp. The other vendors mentioned in this report are Audiovox Corp., Blaupunkt GmbH, Continental AG., Denon Corp., Magellan, Niles Electronics, Onkyo Corp., and Visteon Corp. Commenting on the report, an analyst from TechNavio's Automotive team said: The Global Automotive Electronics market is expected to witness the emergence of in-car 3D entertainment during the forecast period. 3D technology could add a new dimension to the world of in-car entertainment. Modern vehicles are equipped with display screens, from TV screens for passengers in the rear to infotainment displays in the front, and some high-end luxury vehicles even feature digital instruments. This creates ample opportunities for rolling out 3D screens in vehicles. Furthermore, it is estimated that most cars will have Wi-Fi, which means that car owners will have the ability to download 3D movies and watch them on a trip. In addition, gaming can work well in 3D, so passengers could also potentially download games and compete with each other while traveling. According to the report, with the increase in the ownership level of automobiles, end-users are increasingly opting for in-dash entertainment systems and video devices for installation in vehicles, which is driving the market. For more information visit http://www.researchandmarkets.com/research/vhjhq3/global_automotive About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: Research and Markets, Laura Wood, Senior Manager. [email protected] Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Telematics and Vehicle Electronics (http://www.researchandmarkets.com/categories.asp?cat_id=276&campaign_id=vhjhq3) ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.com on the world wide web. Inquiries to [email protected])). (c) 2013 M2 COMMUNICATIONS |