SOUTHFIELD, Mich., April 3 /PRNewswire-FirstCall/ -- Since music listening
was revolutionized 25 years ago by the Sony Walkman, incarnations and
adaptations of digital portable audio products have flourished. With North
American commuters spending an estimated 500 million hours each week in their
vehicles, according to the U.S. Department of Transportation, the concept of
"entertainment on the go" has rapidly spread to the automotive segment. As
this trend increases, consumers will eventually seek out automakers that
capture their attention with innovative features.
The market for in-vehicle entertainment systems continues to be impacted
by new digital audio systems, digital broadcasting technologies, and emerging
display-based entertainment systems. By the end of 2012, in-vehicle audio
infotainment systems are estimated to account for $36 billion in sales of
original equipment and aftermarket systems across North America, Europe and
Japan -- increasing from $24 billion in 2005, according to a report by
Strategy Analytics.
"In addition to its ability to transform the passenger compartment into a
comfortable, home-like place, Lear is capable of providing high-end passenger
entertainment systems to deliver performance consumers had only previously
experienced through the latest home-based sound systems and electronics," said
Douglas DelGrosso, Lear's president and chief operating officer. "Our latest
high-resolution filtering technology provides the same exceptional sound
experience to all passengers, on any seat in the car."
Lear Sound Systems and Audio Amplifiers can provide features like true
surround sound in Dolby Digital (ACS) or DTS multi-channel quality, virtual
surround sound like Dolby Pro Logic II and/or dts NEO:6, dynamic sound
equalization (DySOp(TM)) that compensate for environmental noise in real time
and speed dependent volume settings and equalization.
In a trend that initially emerged in Europe and Japan, Lear was the first
to produce TV receivers to meet the challenging requirements of the automotive
industry. Lear's hybrid TV receivers can receive both analog and digital TV
signals and offer best-in-class performance for in-car TV reception in rural
and urban areas, as well as highest quality picture performance and audio.
The Telemetric Research Group predicts that in the next four years, 25% of
all vehicles sold will have rear-seat entertainment systems, compared with
nearly 10% sold in 2004. Lear is prepared to meet this growing demand with
its Rear Seat Entertainment multi-media that offer a full range of on-demand
features: video, audio, multi-standard DVD players, wired or wireless
headphones with surround sound, USB ports and digital and analog displays from
6.5 to 10 inches to provide automotive consumers with home cinema features on
the road. Lear also developed MediaConsole as an integrated solution to
package a video display seamlessly into the floor console lid in vehicles
where overhead space is limited.
Lear Corporation (NYSE: LEA) is one of the world's largest suppliers of
automotive interior systems and components. Lear provides complete seat
systems, electronic products and electrical distribution systems and other
interior products. With annual net sales of $17.1 billion, Lear ranks #127
among the Fortune 500. The company's world-class products are designed,
engineered and manufactured by a diverse team of 115,000 employees at 282
locations in 34 countries. Lear's headquarters are in Southfield, Michigan,
and Lear is traded on the New York Stock Exchange under the symbol [LEA].
Further information about Lear is available on the Internet at
http://www.lear.com .
SOURCE Lear Corporation
 back to top
Related links:
http://www.lear.com
Company News On-Call:
http://www.prnewswire.com/comp/518304.html
CONTACT:
Andrea Puchalsky, Director - Corporate
Communications of Lear Corporation, +1-248-447-1651
|
