Boston, MA -- (SBWIRE) -- 01/22/2015 -- In-car entertainment continues to serve a small segment of Filipino car owners. The category?s volume sales jumped by 14% in 2013, driven by the increasing awareness of these products and consumers? appreciation of the value that they offer. In-car navigation largely contributed to the growth with volume sales ballooning by 40%. Meanwhile, in-dash media players contracted during the year as portable media devices like smartphones and tablets compete with these products.

Industry Prospects

In-car entertainment is expected to expand in both volume and value during the forecast period. A volume CAGR of 8% is expected, amongst the fastest in the local consumer electronics industry. In-car entertainment will remain the smallest sector, yet growth potential will be driven by the increasing car ownership in the country. First-time car owners are expected to increase through Hyundai and Toyota?s entry-level car models.

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Report Overview

Discover the latest market trends and uncover sources of future market growth for the In-Car Entertainment industry in Philippines with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the In-Car Entertainment industry in Philippines, our research will save you time and money while empowering you to make informed, profitable decisions.

The In-Car Entertainment in Philippines market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth  
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of In-Car Entertainment in Philippines?
- What are the major brands in Philippines?
- What is the growth rate for in-car navigation devices?
- How will digital radio broadcast affect sales of in-car media players?
- How have in-car entertainment sales been affected by the economic downturn?

Reasons to Get this Report

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- Inform your marketing, brand, strategy and market development, sales and supply functions

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