Press release
Car GPS Navigation System Market Analysis & Forecast 2023 by Segments, Share, Size, Growth Key Players-Pioneer Corporation, Mitsubishi Electric, Alpine Electronics, TomTom, Robert Bosch, Denso Corporation, Continental AG, JVCKENWOOD Corporation, Panasonic
This is attributed in reference to rise in number of vehicle sales worldwide, increasing demands from the dependent sectors such as transportation.
The component segment includes hardware, software.
The car type includes passenger and commercial. End user segment includes OEM and aftermarket.Rise in number of vehicle sales and ability of systems to provide real-time traffic data are anticipated to fuel the growth of the market. However, presence of substitutes to aftermarket navigation systems is anticipated to hinder the market growth.
Access Full Summary At: https://www.alliedmarketresearch.com/car-GPS-navigation-system-market
The aftermarket segment in car GPS navigation system is expected to grow at the highest CAGR of 9.8% during the forecast period. Increased demand of car GPS navigation system in dependent sector such as transportation is factor favoring market growth.
The passenger car type segment dominated the market in 2016 with around 79% share. This is attributed to rise in vehicle sales across the globe.
Based on software segment the car GPS navigation system market is expected to grow at a CAGR of 8.7% during the forecast period.
The global car GPS navigation system market is characterized by the
presence of international market players. These companies tend to expand their market presence by adopting strategies, such as strategic partnership and product development. Some of the key players operating in the car GPS navigation system industry include Pioneer Corporation, Mitsubishi Electric, Alpine Electronics, TomTom, Robert Bosch, Denso Corporation, Continental AG, JVCKENWOOD Corporation, Panasonic Corporation and Sony Corporation.
Download Request Sample: https://www.alliedmarketresearch.com/request-sample/3280
Key Findings of the Car Gps Navigation System Market:
•The aftermarket type segment is expected to grow at the highest CAGR during the forecast period.
•The passenger car segment dominated the market in 2016.
•North America was the highest contributor in the overall car GPS navigation system market by OEMs segment in 2016; however, in terms of growth, the market in Asia-Pacific is estimated to grow at the highest rate.
•China led in terms of car sales in car GPS navigation system in 2016.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/3280
About Us:
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.
Contact:
Sona Padman
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
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.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Car GPS Navigation System Market Analysis & Forecast 2023 by Segments, Share, Size, Growth Key Players-Pioneer Corporation, Mitsubishi Electric, Alpine Electronics, TomTom, Robert Bosch, Denso Corporation, Continental AG, JVCKENWOOD Corporation, Panasonic here
News-ID: 1328168 • Views: …
More Releases from Allied Market Research
Orthopedic Devices Market Expected to Reach $47.7 Billion - AMR
The global orthopedic devices market size was valued at $37.2 billion in 2018 and is projected to reach $47.7 billion by 2026, registering a CAGR of 3.1% from 2019 to 2026. Orthopedic device is a device that is used for preventing and treating of deformities and injuries in a musculoskeletal system of the body. In addition, orthopedic devices include bandages, splints, prostheses, and special apparatus. In recent years, the orthopedic…
CAGR 13.1% Journey of the Global Public Safety Drones Market from $1.1 Billion i …
According to a new report published by Allied Market Research, titled, "Public Safety Drones Market Size, Share, Competitive Landscape and Trend Analysis Report by Application, by Drone Type, by Mode of Operation : Global Opportunity Analysis and Industry Forecast, 2023-2032".
The global public safety drones market size was valued at $1.1 billion in 2022, and is projected to reach $3.7 billion by 2032, growing at a CAGR of 13.1% from 2023…
Egg Powder Market to Reach $1.5 Billion by 2032: Allied Market Research Analysis …
According to a new report published by Allied Market Research, titled, "Egg Powder Market," The Egg Powder Market Size was valued at $923.70 million in 2022, and is estimated to reach $1.5 billion by 2032, growing at a CAGR of 5.1% from 2023 to 2032.
👉 𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 https://www.alliedmarketresearch.com/request-sample/A11036
The egg powder market denotes the global trade and utilization of powdered egg products across industrial sectors. Obtained…
Flavor Drops Market Set to Reach $192.3 Million by 2032, Driven by Consumer Dema …
According to a new report published by Allied Market Research, titled, "Flavor Drops Market," The flavor drops market was valued at $86.39 million in 2022, and is estimated to reach $192.3 million by 2032, growing at a CAGR of 8.6% from 2023 to 2032.
𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐆𝐫𝐚𝐩𝐡𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 @ https://www.alliedmarketresearch.com/request-sample/A294544
Flavor drops are concentrated liquid flavorings designed to enhance the taste and aroma of food and beverages. Flavor drop…
More Releases for GPS
Global GPS Equipment Market | Global GPS Equipment Industry | Global GPS Equipme …
GPS or Global Positioning System equipment is used to find the real-time location-based accurate information of any vehicle, or other types of assets. GPS detects the person or vehicle that uses the GPS to track its exact location. The location information is stored & transmitted to others, which are connected by the internet using radio, cellular, or satellite modem embedded in the unit. It comprises a GPS module for receiving…
Global GPS Equipment Market | Global GPS Equipment Industry | GPS Equipment Mark …
Global Positioning System or GPS equipment market comprises of sales of global positioning systems equipment & related services to determine the ground position of an object through GPS satellites. It is a satellite navigation system that transmits accurate signals that allow GPS equipment to decode or measure the desired location of the satellite. These equipments are smaller in size. With the advent of technologies, it has been possible to develop…
Global GPS Fleet Tracking System Market 2020 Industry Analysis by Manufacturers …
The market research report entitled Global GPS Fleet Tracking System Market 2020 by Company, Type and Application, Forecast to 2025 provides analysis on market conditions, trends, capability, key players, opportunities, and geographical analysis. The report proves to be an ultimate solution when it comes to a better understanding of the industry and leads the business growth. The report covers an overview of the segments and sub-segmentations including the product types,…
GPS Market analysis report- with Leading players and Major Applications: GPS-Ena …
GPS Market
Worldwide Market Reports has announced the addition of the “Global GPS Market Size, Status and Forecast 2019-2025”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Global positioning system (GPS) is a global navigation satellite system that provides information about time and geolocation to the receiver anywhere on or near the earth where four…
Location Based Services Market Report 2018: Segmentation by Component (Hardware, …
Global Location Based Services market research report provides company profile for Cisco Systems, Inc., Google Inc., Alcatel-Lucent SA, AT&T Inc., International Business Machines Corporation, Ltd., Qualcomm Inc., Microsoft Corporation, Oracle Corporation, Apple, Inc., and Bharti Airtel, LTD. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue,…
GPS Tracking Device Market - Increased Accuracy Of GPS And Decreased In Cost Of …
Navigators and security systems have always been a necessity things of human’s life. The developments of advanced electronics have brought revolutionary changes in these fields. The GPS tracking devices are an electronic device used for tracking location of devices. Most of the tracking systems use GPS module to find out the device position. Many systems also combine communication components such as satellite transmitters to communicate the device location to a…
