The global automotive navigation systems market size is expected to reach USD 56.91 Billion in 2030 and register a revenue CAGR of 7.3% over the forecast period, according to latest analysis by Emergen Research. Growth of automotive industry, increased traffic congestion, rising adoption of automotive Global Positioning System (GPS) navigation systems, rising population, rising demand for real-time traffic data, and rising investment in the development of automotive infrastructure in emerging countries are key factors expected to support market revenue growth between 2022 and 2030. There has been an increase in demand for navigational accuracy over the last few years. Moreover, GPS technology has progressed significantly in the last few years, making rides much easier and safer.
The Global Automotive Navigation Systems Market report is dubbed as the first study encompassing the current situation of the Automotive Navigation Systems market that is gravely impacted by the COVID-19 outbreak. The global health emergency has drastically affected the global economy, causing significant repercussions on this particular business sphere. The deadly viral outbreak and the subsequent global lockdown enforcement have beleaguered the Automotive Navigation Systems business landscape. Moreover, it has impeded the developmental scope of various manufacturers and buyers involved in this sector. Thus, the report offers insightful speculations about the post-COVID-19 scenario of the Automotive Navigation Systems industry.
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Key companies profiled in the report include:
TomTom International BV., Mitsubishi Electric Corporation, Continental AG, Pioneer Corporation, Telenav Inc., NNG Software Developing and Commercial Llc., Robert Bosch GmbH, ALPINE ELECTRONICS, Inc., Renault Group, and Ford Motor Company
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Automotive Navigation Systems market?
What are the key product types and applications of the Automotive Navigation Systems industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Automotive Navigation Systems market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Automotive Navigation Systems Market by 2027?
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Market Segmentation
Device Type Outlook (Revenue, USD Billion; 2019–2030)
- In-Dash Navigation Systems
- Portable Navigation Devices (PNDs)
- Mobile Navigation Systems
Vehicle Type Outlook (Revenue, USD Billion; 2019–2030)
- Passenger Cars
- Commercial Vehicles
Sales Channel Outlook (Revenue, USD Billion; 2019–2030)
- OEM
- Aftermarket
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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