This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Strategy Analytics: HARMAN Becomes Top Automotive Infotainment Supplier In 2012

BOSTON, April 11, 2013 /PRNewswire/ --  HARMAN overtook Panasonic in 2012 to become the number one supplier of automotive infotainment systems worldwide. HARMAN revenue growth was up 12.5 percent in 2012 when compared to 2011.

(Photo: http://photos.prnewswire.com/prnh/20130411/NE92566 )(Logo: http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b )

The Strategy Analytics Automotive Multimedia and Communications Service (AMCS) report, "Automotive Infotainment Systems Q2 2013: Despite Slowing Economic Growth, Infotainment Revenues Continue to Rise," provides a forecast outlook for OEM and Aftermarket infotainment hardware and applications from 2010 through 2020 and ranks the top 15 global infotainment suppliers by 2012 Revenue.

Panasonic falls to the number two ranking though remains a key global infotainment supplier, ahead of number three ranked Pioneer.  The top 5 infotainment suppliers account for nearly 40 percent of the total market for automotive infotainment in 2012. Individual Tier 1 infotainment suppliers continue to expand feature availability in mature markets while expanding into the emerging markets to maintain sales growth. 

"HARMAN's wins with BMW, Chrysler, Geely, Hyundai, Mercedes Benz, Toyota, the Volkswagen Group and other major global automotive OEMs. This has moved HARMAN to the top of the rankings for 2012 automotive infotainment revenue," stated Richard Robinson, Director, Automotive Multimedia and Communications Service at Strategy Analytics. "Continued strength in the mature European and North American markets as well as solid growth in the emerging Chinese and Indian markets positions HARMAN as a well-rounded, global infotainment supplier."

About Strategy Analytics

Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com 

US Contact: Mark Fitzgerald, +1 617 614 0717, mfitzgerald@strategyanalytics.com

European Contact: Richard Robinson, +44(0) 1908 423 646, rrobinson@strategyanalytics.com

SOURCE Strategy Analytics

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,982.59 +22.02 0.13%
S&P 500 1,978.91 +0.57 0.03%
NASDAQ 4,444.9090 -4.6550 -0.10%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs