04-15-2019 07:24 PM CET - IT, New Media & Software
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Car GPS navigation system Market Competitive Analysis By 2023: Pioneer Corporation, Mitsubishi Electric, Alpine Electronics, TomTom, Robert Bosch, Denso Corporation

Press release from: Allied Market Research



The Car GPS navigation system market was valued at $701 million in 2016 and is projected to reach at $1,237 million by 2023, growing at a CAGR of 8.1% from 2017 to 2023. This is attributed in reference to the rise in the number of vehicle sales worldwide, increasing demands from the dependent sectors such as transportation.

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The component segment includes hardware, software. The car type includes passenger and commercial. End-user segment includes OEM and aftermarket.

Rise in the number of vehicle sales and the ability of systems to provide real-time traffic data are anticipated to fuel the growth of the market. However, the presence of substitutes to aftermarket navigation systems is anticipated to hinder the market growth.

The aftermarket segment in-car GPS navigation system market is expected to grow at the highest CAGR of 9.8% during the forecast period. Increased demand of car GPS navigation system in the dependent sector such as transportation is a factor favoring market growth.

The passenger car type segment dominated the market in 2016 with around 79% share. This is attributed to a rise in vehicle sales across the globe.

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Based on the 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.

Key Market Players Profiled in The Report

• Pioneer Corporation
• Mitsubishi Electric
• Alpine Electronics
• TomTom
• Robert Bosch
• Denso Corporation
• Continental AG
• JVCKENWOOD Corporation
• Panasonic Corporation
• Sony Corporation

LIST OF TABLES

TABLE 1. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET, BY COMPONENT TYPE, 2017-2023 ($MILLION)
TABLE 2. CAR GPS NAVIGATION SYSTEM MARKET FOR HARDWARE TYPE SEGMENT, BY REGION, 2016-2023 ($MILLION)
TABLE 3. CAR GPS NAVIGATION SYSTEM MARKET FOR SOFTWARE TYPE, BY REGION, 2016-2023 ($MILLION)
TABLE 4. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET, BY VEHICLE TYPE, 2016-2023 ($MILLION)
TABLE 5. CAR GPS NAVIGATION SYSTEM MARKET FOR PASSENGER VEHICLE TYPE, BY REGION, 2016-2023 ($MILLION)
TABLE 6. CAR GPS NAVIGATION SYSTEM MARKET FOR COMMERCIAL VEHICLE, BY REGION, 2016-2023 ($MILLION)
TABLE 7. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET, BY END-USER TYPE, 2016-2023 ($MILLION)
TABLE 8. CAR GPS NAVIGATION SYSTEM MARKET FOR OEMS, BY REGION, 2016-2023 ($MILLION)
TABLE 9. CAR GPS NAVIGATION SYSTEM MARKET FOR AFTERMARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 10. CAR GPS NAVIGATION SYSTEM MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 11. NORTH AMERICA CAR GPS NAVIGATION SYSTEM MARKET, BY COMPONENT TYPE, 2016-2023 ($MILLION)
TABLE 12. NORTH AMERICA CAR GPS NAVIGATION SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 13. EUROPE CAR GPS NAVIGATION SYSTEM MARKET, BY COMPONENT TYPE, 2016-2023 ($MILLION)
TABLE 14. EUROPE CAR GPS NAVIGATION SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 15. ASIA-PACIFIC CAR GPS NAVIGATION SYSTEM MARKET, BY COMPONENT TYPE, 2016-2023 ($MILLION)
TABLE 16. ASIA-PACIFIC CAR GPS NAVIGATION SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 17. LAMEA CAR GPS NAVIGATION SYSTEM MARKET, BY COMPONENT TYPE, 2016-2023 ($MILLION)
TABLE 18. LAMEA CAR GPS NAVIGATION SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 19. PIONEER CORPORATION: COMPANY SNAPSHOT
TABLE 20. PIONEER CORPORATION: PRODUCT PORTFOLIO
TABLE 21. MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
TABLE 22. MITSUBISHI ELECTRIC: OPERATING SEGMENTS
TABLE 23. MITSUBISHI ELECTRIC: PRODUCT PORTFOLIO
TABLE 24. ALPINE ELECTRONICS: COMPANY SNAPSHOT
TABLE 25. ALPINE ELECTRONICS: OPERATING SEGMENTS
TABLE 26. ALPINE ELECTRONICS: PRODUCT PORTFOLIO
TABLE 27. TOMTOM: COMPANY SNAPSHOT
TABLE 28. TOMTOM: OPERATING SEGMENTS
TABLE 29. TOMTOM: PRODUCT PORTFOLIO

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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.

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