Press release
Global Car Navigation and ITS Market 2018-2025 | Region Wise Analysis of Top Players - Pioneer Corporation, Mitsubishi Electric, Alpine Electronics
Automotive navigation system market can be classified as OEM dominated market and aftermarket players by end-user type. OEM products refer to the factory fitted equipment that comes along with the new vehicle, while the aftermarket refers to the equipment installed by the customer either from a company service center or a third party store post the delivery of the vehicle. There are many advantages while getting a factory installed navigation system like warranty, durability, updates, looks, etc. Among these factors, the appearance and visibility are the key factors influencing the factory installed navigation systems popularity. These factors can be effectively achieved by OEMs or built-in navigation systems. Aftermarket segment witnessed a considerable spike in the developing markets of the Asia-Pacific and South American countries over the past 3 years.
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Rise in number of vehicle sales worldwide drives the market. Moreover, integration of connected devices such as smartphones with in-vehicle systems (IVS) along with increase in demand for advanced car navigation systems from end users is anticipated to accelerate the market growth.
However, huge presence of substitutes and lack of connectivity infrastructure in emerging countries are anticipated to hinder the market growth. The high penetration of wireless communication technology and availability of advanced telecom infrastructure brings different growth opportunities in the market.
Global Car Navigation and ITS market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Car Navigation and ITS.
This industry study presents the global Car Navigation and ITS market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Car Navigation and ITS production, revenue and market share by manufacturers, key regions and type;
The consumption of Car Navigation and ITS in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Pioneer Corporation, Mitsubishi Electric, etc.
The following manufacturers are covered in this report:
Pioneer Corporation
Mitsubishi Electric
Alpine Electronics
TomTom
Robert Bosch
Denso Corporation
Continental AG
JVCKENWOOD Corporation
Panasonic Corporation
Sony Corporation
Car Navigation and ITS Breakdown Data by Type
Passenger
Commercial
Car Navigation and ITS Breakdown Data by Application
OEM
Aftermarket
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Car Navigation and ITS Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Car Navigation and ITS Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Car Navigation and ITS status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Car Navigation and ITS manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Car Navigation and ITS market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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