In-Dash Navigation System Market to Reach $21,994 Million by 2023

According to a recent report published by Allied Market Research, titled, In-Dash Navigation System Market by Technology, Component, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global in-dash navigation system market was valued at $10,497 million in 2016, and is projected to reach $21,994 million by 2023, growing at a CAGR of 11.1% from 2017 to 2023. In 2016, Asia-Pacific led the in-dash navigation system market with 40.90% share, followed by Europe, which contributed 32.96% share.

Access Full Summary at : http://bit.ly/2CMdD1v

An in-dash navigation system operates based on a GPS to provide the user with current location and shortest possible routes to the required destination. Factors such as rising disposable income of individuals and reduced fuel consumption of the vehicles supplement the global in-dash navigation system market. However, high cost of this system and lack of supporting infrastructure in developing countries restrict the market growth.

In 2016, the 2D maps segment dominated the global in-dash navigation system market, based on technology, in terms of revenue. Furthermore, based on application, passenger cars led the global market, followed by LCVs segment in 2016. However, the HCVs segment is expected to register the highest CAGR from 2017 to 2023.

Request for Exclusive Summary : http://bit.ly/2OwxzvW

Key Findings of the In-dash Navigation System Market:
The passenger cars segment generated the highest revenue in the global in-dash navigation system market in 2016.
In 2016, the display unit segment was the highest revenue contributor in the component segment.

LAMEA is projected to exhibit the highest CAGR during the forecast period.
In 2016, Asia-Pacific dominated the global market, accounting for highest market share, followed by Europe, North America, and LAMEA.

In 2016, China dominated the Asia-Pacific market; similarly, in the same year, Germany led the overall market in Europe. However, in North America, U.S. currently dominates the market.

There exists high demand for reliable in-dash navigation systems, as the auto industry is evolving continuously, including digital dashboards, GPS technology, in-dash navigation systems, autonomous driver assistance system (ADAS), and more. Currently, digital dashboards are integrated with the maps to depict the real-world scenario.

The key players profiled in the report include Continental AG, Garmin Ltd., Robert Bosch GmbH, Delphi Automotive PLC, Denso Corporation, Tomtom NV, Harman International, Alpine Electronics, Inc., Pioneer Corporation, and Mitsubishi Electric Corporation.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.