TOKYO – With their home market nearing saturation, Japanese manufacturers of vehicle navigation systems are turning to Europe as the next big growth region.
Denso Corp., one of the country’s top navigation suppliers, expects European demand to exceed 3 million units in 2006, passing Japan, which currently is the world’s largest market, with annual sales of 2.8 million units.
Denso is developing head-up navigation displays with several customers.
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