In-Car Internet Radio will represent 10 percent of aftermarket deck sales (U.S. wholesale units) by 2013, up from 6 percent this year, said the Consumer Electronics Association (CEA) in a presentation at the KnowledgeFest car stereo show in Dallas this week.
Total aftermarket head unit revenues this year will grow by 2 percent (wholesale).
“I have a lot more faith that Internet Radio and its kin will do a lot more to lift this industry,” said CEA director of industry analysis Steve Koenig at a keynote address.
Internet radio-ready head units will climb from 410,000 units in 2011 to 749,000 wholesale in 2013.
Despite the growth of Internet Radio, the average price of head units (wholesale, we presume) will continue to fall, reaching $78 in 2012, down from $79 this year, and down from $95 in 2007.
Car amp wholesale revenues will grow to $155 million this year, up from $136 million last year. They will continue to climb next year to $170 million.
OE Integration revenues will grow this this year to $125.8 million and peak in 2013 at $131.1 million. By 2015, revenues will fall to $127.4 million, forecasts CEA.
In-dash navigation revenues will fall, even as unit sales increase. Revenues will hit $107.3 million in 2015 compared to $113.4 million this year.
Source: CEA