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Product category: Recruitment, Reports and Resources
News Release from: Venture Development Corp
Edited by the Electronicstalk Editorial Team on 29 November 2005

Bleak future for head unit after-market

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New research by Venture Development Corporation (VDC) estimates that the US head unit after-market is in a rapid decline, and will continue to decline through 2007 and beyond.

New research by Venture Development Corporation (VDC) estimates that although the US head unit after-market has been partially buoyed by short-term demand for satellite digital radio, DVD-based audio formats and digital media integration and playback devices, the market segment is in a rapid decline, and will continue to decline through 2007 and beyond The diminishing market for after-market head units can be attributed to three primary factors: receivers with CD players are increasingly being installed at the factory level; downward pricing pressure coming from increased competition and increased offshore manufacturing in China; and OEM