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chinanews, beijing, november 15 – vehicle navigation systems, especially gps (global pointing system) terminals, will surely have a bright future in china.
by the end of 2005, less than 100 thousand vehicles in china were equipped with gps and other navigation devices, less than 2%, much lower than the global market. it is estimated that from 2006 to 2009, the vehicle navigation device market will boom by at least 50% every year, and the total market 1 will be nearly 10 billion yuan by 2009. currently there are about 15 million cars in china, whose owners will be potential customers of navigation devices, and bring a vast market in the near future. even only 10% of them choose the convenience of navigation devices, it will be a one-million-scale market.
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