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SMT & Inspection | June 29, 2007

Falcon Electronics believes<br>in radar detector market

Romania based company Falcon Electronics believes that the market of radar detectors will reach 9 million euros this year.

The market for security systems for vehicles will increase by 20% according to the company. Falcon Electronics claims that they holds 75% market share in radar detector segment, predicts the overall market will reach over 100,000 units and a total value of approximately 9 million euros this year. The company plans to 75,000 units this year and is expecting revenue of 7 million euros for this segment, local media reports.
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