Automotive Navigation Systems Market is expected to rise at annual rate of 8.10% in the forecast period of 2020 to 2027 due to the high adoption of car GPS navigation system and increasing demand for real time traffic data are acting as a major growth driver for the market. However, the lack of telecommunication and connectivity infrastructure along with high price of navigation system will restrict the growth of the automotive navigation systems market in the above mentioned forecast period.
The Asia-Pacific is supposed to be the most active developing market largely due to the increasing number of technological advancement along with popularity of various manufacturers in the region.
Automotive Navigation Systems Market Scenario
According to Data Bridge Market Research the market for automotive navigation systems is accelerating because of the increasing level of investment for the development of better infrastructure. Also the growing traffic congestion and development of automobile industry are also helping the market to grow. Furthermore, the increasing demand of fleet management, opening of advanced navigation technology and altering lifestyle of the people will create lucrative opportunities for the growth of the automotive navigation systems market.
Now the question is which are the other regions that automotive navigation systems market is targeting? Data Bridge Market Research has estimated large growth in North America because of increasing number of passenger cars in Canada, and the U.S.
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Automotive Navigation Systems Market Scope
Automotive navigation systems market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
- All country based analysis of automotive navigation systems market is further analyzed based on maximum granularity into further segmentation. Automotive navigation systems market on the basis of platform has been segmented as windows computer embedded (Win CE), and android. Based on system type, automotive navigation systems market has been segmented into factory fitted IVS (pre-installed system), aftermarket IVS (installed later on), personal navigation devices (portable devices), and smartphones. On the basis of vehicle type, automotive navigation systems market has been segmented into entry-level passenger vehicle, mid-premium passenger vehicle, luxury passenger vehicle, and commercial vehicle. On the basis of device type, automotive navigation systems market has been segmented into in-dash, portable, and mobile navigation system. Based on propulsion, automotive navigation systems market has been segmented into ICE, and electric vehicle. Automotive navigation systems have also been segmented on the basis of component into hardware, software, and connectivity.
- Navigation systems are one of the major automobile devices used to direct the driver while driving. This system not only classify the vehicle's travel but also comprises several details about the petrol stations, restaurants, path choices, traffic highlights and traffic time while including various connectivity devices over Wi-Fi and Bluetooth which assist to use different functions such as audio, messaging and others.
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Key Pointers Covered in the Automotive Navigation Systems Market Industry Trends and Forecast to 2027
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- Alpine Electronics, Inc
- AISIN SEIKI Co., Ltd
- Clarion
- Continental AG
- Delphi Technologies
- DENSO CORPORATION
- Garmin Ltd
- HARMAN International
- HERE
- JVCKENWOOD Corporation
- Pioneer Corporation
- Telenav, Inc
- TomTom International BV
- NNG Software Developing and Commercial Llc
- Robert Bosch GmbH
- MiTAC International Corporation
- FUJITSU
- Mitsubishi Electric Corporation
- Ford Motor Company Ltd
- BMW AG
Above are the key players covered in the report, to know about more and exhaustive list of automotive navigation systems companies’contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-automotive-navigation-systems-market
Research Methodology of Global Automotive Navigation Systems Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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