Automotive Navigation Systems Market | Consumption Analysis, Brands, Production Growth, Benefits and Overview by Top Manufacturers 2030

Automotive Navigation Systems Market Analysis

The global automotive navigation systems market Size is predicted to grow at a healthy 8.85% CAGR between 2022- 2030, reveals the current Market Research Future (MRFR) report. A navigation system is a system that is satellite-based used in vehicles for determining its position and the route to a specific place. It instructs the driver to turn right or left at a specific junction to reach their destination. This system also improves the driving experience and safety.

Several factors are adding to the global automotive navigation systems market Size. Some of these factors, according to the MRFR report, include the growing demand for semi-autonomous and autonomous cars, increasing concern for vehicle and driver safety, rapid adoption of these systems in commercial and passenger cars in India and China, lack of parking space, and growing support from the government to reduce road accidents.

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On the flip side, the high cost of navigation technology coupled with underdeveloped telecommunication infrastructure may impede the global automotive navigation systems market Size growth over the forecast period.

Automotive Navigation Systems Market COVID-19 Analysis

The COVID-19 pandemic has cast its shadow on almost every industry, with the automotive navigation system market being no different. Lockdowns and social distancing trends imposed by the government during the first quarter of 2020 had a negative impact on the automotive industry. Manufacturing facilities were shut, there was a halt in production, and disruptions in the supply chain were also experienced. But with the gradual lifting of the lockdown, things have started to go back to normal. People are using cars not only for essential needs but also for long drives. All these are likely to have a positive impact on market growth.

automotive navigation systems Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global automotive navigation systems market Size based on sales channel, propulsion, vehicle type, and device type.

By device type, the global automotive navigation systems market Size is segmented into mobile navigation system, portable, and in-dash navigation system. Of these, the in-dash navigation system will lead the market over the forecast period.

By vehicle type, the global automotive navigation systems market Size is segmented into commercial vehicle and passenger cars. Of these, the passenger car segment will dominate the market over the forecast period.

By propulsion, the global automotive navigation systems market Size is segmented into electric vehicle and ICE. Of these, the ICE segment will spearhead the market over the forecast period, while the electric vehicle segment will grow at a high CAGR.

By sales channel, the global automotive navigation systems market Size is segmented into aftermarket and OEM. Of these, the OEM segment will have the lion's share in the market over the forecast period, while the aftermarket segment will grow at a high CAGR.

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Automotive Navigation Systems Market Regional Analysis

By region, the global automotive navigation systems market Size covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, the APAC region will dominate the market over the forecast period. The presence of a large number of manufacturers, rapid technological advances, the growing need for the commercial voyage, rising automobile production in Japan, South Korea, India, and China, rising population, people's rising purchasing power, infrastructure development, and rapid industrialization are adding to the global automotive navigation systems market Size growth in the region.

The global automotive navigation systems market Size in Europe is predicted to have the second-largest share over the forecast period for the presence of several key players like Continental AG (Germany) and Robert Bosch GmbH (Germany).

The global automotive navigation systems market Size in North America is predicted to have healthy growth over the forecast period for the developing passenger market in Canada and the US.

The global automotive navigation systems market Size in the RoW is predicted to have sound growth over the forecast period.

automotive navigation systems market Key Players

Delphi Technologies
JVC Kenwood Corporation
TomTom N.V.
Continental AG
Delphi Technologies
Automotive Navigation Systems Industry Updates

January 2021- HERE has entered into a strategic partnership with Mitsubishi Corporation to allow better mobile navigation systems & location-based advertisements in entertainment facilities and airports.
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TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS

1.1.1 GLOBAL AUTOMOTIVE NAVIGATION SYSTEMS MARKET, BY DEVICE TYPE

1.2 MARKET ATTRACTIVENESS ANALYSIS

1.2.1 GLOBAL AUTOMOTIVE NAVIGATION SYSTEMS MARKET, BY VEHICLE TYPE

1.2.2 GLOBAL AUTOMOTIVE NAVIGATION SYSTEMS MARKET, BY PROPULSION

1.2.3 GLOBAL AUTOMOTIVE NAVIGATION SYSTEMS MARKET, BY SALES CHANNEL

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 TOP-DOWN AND BOTTOM-UP APPROACH

3.6 FORECAST MODEL

3.7 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 OVERVIEW

4.2 DRIVERS

4.2.1 INCREASING APPLICATION AREA OF NAVIGATION SYSTEMS

4.2.2 EXCEPTIONAL ABILITY OF NAVIGATION SYSTEMS TO OFFER REAL-TIME TRAFFIC DATA IS BOLSTERING THE MARKET GROWTH

4.3 RESTRAINT

4.3.1 HIGH COST OF THE NAVIGATION SYSTEMS

4.4 OPPORTUNITY

4.4.1 INCREASE IN ADOPTION OF CAR GPS NAVIGATION SYSTEM

4.5 TRENDS

4.6 COVID-19 IMPACT ANALYSIS

4.6.1 ECONOMIC IMPACT ON AUTOMOTIVE INDUSTRY

4.6.2 IMPACT ON AUTOMOTIVE PRODUCTION

4.6.3 IMPACT ON WORLD TRADE

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS

5.1.1 MANUFACTURE

5.1.2 DISTRIBUTION

5.1.3 END USE

5.2 PORTER'S FIVE FORCES MODEL NAVIGATION SYSTEM

5.2.1 THREAT OF NEW ENTRANTS

5.2.2 BARGAINING POWER OF SUPPLIERS

5.2.3 BARGAINING POWER OF BUYERS

5.2.4 THREAT OF SUBSTITUTES

5.2.5 RIVALRY

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