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In-Dash Navigation System Global Market Report 2024 - By Demand, Size, Share, Trends, Forecast To 2033

07-04-2024 09:53 AM CET | Tourism, Cars, Traffic

Press release from: The Business research company

In-Dash Navigation System Market

In-Dash Navigation System Market

"The new report published by The Business Research Company, titled ""In-Dash Navigation System Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the in-dash navigation system market size has grown rapidly in recent years. It will grow from $12.63 billion in 2023 to $13.95 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The in-dash navigation system market size is expected to see rapid growth in the next few years. It will grow to $21.19 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%.

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Impact Of Traffic Congestion On The In-Dash Navigation System Market
A rise in traffic congestion is expected to propel the growth of the in-dash navigation system market moving forward. Traffic congestion refers to a condition on road networks where traffic demand exceeds the available roadway capacity, resulting in slower speeds, longer travel times, and sometimes even complete standstills. The rise in traffic congestion is due to economic growth, a lack of public transportation options, and economic development. In-dash navigation systems use traffic congestion data to provide users with real-time information about road conditions, help them navigate more efficiently, reduce travel time, and enhance the overall driving experience. For instance, in 2022, according to reports published by INRIX Inc., a US-based transportation company, the typical driver in the country lost 51 hours in congestion, up 15 hours from 2021, costing the average driver $869 in lost time. Therefore, the rise in traffic congestion is driving the growth of the in-dash navigation system market.

Alpine Electronics Inc Launches Innovative iLX-F511 And iLX-F509 Floating Touchscreen Receivers
Major companies operating in the in-dash navigation system market focus on developing innovative technological products, such as the iLX-F511 and iLX-F509, to meet consumer demand and gain a competitive advantage. The iLX-F511 and iLX-F509 are Alpine Halo11 digital multimedia receivers that offer Apple CarPlay and Android auto capabilities. For instance, in January 2022, Alpine Electronics Inc., a Japan-based consumer electronics company, launched two new Alpine Halo Floating touchscreen receivers, the iLX-F511 and iLX-F509. This floating touch display fits most single-DIN dash openings and offers features such as an HD radio tuner, Bluetooth hands-free calling, and audio streaming. It allows users to make calls, access text messages, play music, and get directions while staying focused on the road. Additionally, it supports FLAC audio files for high-quality music playback and integrates with services such as Pandora, Spotify, and Waze for a seamless driving experience.

The in-dash navigation system market covered in this report is segmented -
1) By Component: Display Unit, Control Module, Antenna Module, Wiring Harness
2) By Service Type: Real Time Traffic And Direction Information Services, Fleet Management Services, Other Service Types
3) By Technology Insights: 2D Maps, 3D Maps
4) By Application: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles

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Major companies operating in the in-dash navigation system market are Sony Corporation, Panasonic Corporation, Denso Corporation, Continental Aktiengesellschaft, Mitsubishi Electric Corporation, AISIN SEIKI Co. Ltd, Pioneer Corporation, Alpine Electronics Inc., Garmin Ltd., Trimble Inc., Visteon Corporation, Harman International Industries Incorporated, Robert Bosch GmbH, HERE Technologies, Sierra Wireless Inc., TomTom N.V., NNG Software Developing and Commercial LLC, Teletrac Navman, Telenav Inc., Luxoft Holdings Inc, JVC Kenwood Corporation, Clarion Corporation, Blaupunkt GmbH, Xevo Inc., Delphi Technologies PLC

Contents of the report:
1. Executive Summary
2. In-Dash Navigation System Market Report Structure
3. In-Dash Navigation System Market Trends And Strategies
4. In-Dash Navigation System Market - Macro Economic Scenario
5. In-Dash Navigation System Market Size And Growth
…..
27. In-Dash Navigation System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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