The mobile electronics market encompasses GPS and navigational systems, in-vehicle Wi-Fi telematics, remote start/entry systems, communication systems and in-vehicle entertainment systems.
• As prices have declined and demand has increased, auto manufacturers have added more fully integrated electronic content:
• Dashboard touch screen to control radio, climate and GPS systems
• Mobile theater
• Bluetooth
• Ford SYNC system voice commands
• Ford’s Fiesta “Twitter” car
• GM expanded OnStar system
• Internet radio
• New generation of mobile electronic products combine multiple functions into one fully integrated unit:
• Radio
• Touch-screen navigation
• CD/DVD player
• iPod command and control
• Hands-free phone
• Phone apps continue to proliferate
• Potential for restyling shops is in the upgrade market.
• Accessory shops are well positioned to offer sales and installation of vehicle electronic systems.
• Advanced systems require professional installation, which accessory shops have the tools and expertise to provide.
• Mobile electronics market demographics:
• GPS is popular with all ages
• Internet access and voice activated commands appeal more to the under-25 age group
• Older people are less interested in other electronic features.
• Bluetooth nearly sells itself because of convenience, productivity, safety
• Demand for Bluetooth integration between transportation, communication and entertainment is growing.
• Spans demographic lines
• Appeals more to nontraditional restyling customers because of the safety, value and convenience factor
• Women are more interested in Bluetooth systems than men
• Resistance and controversy exist in some groups regarding integration of social media into vehicles. The challenge is to provide them in such a way that they are user-friendly and safe to use.
• Electronic gadgetry being used by people today may become necessities in the auto of the future. The challenge will be safety and security.