In-Dash Navigation System Market Projected Expansion to $35,406.7 million Market Value by 2030 with a 11.6% CAGR

The demand for in-dash navigation system is expected to increase during the forecast period owing to greater need for navigation services, real-time traffic status, and entertainment. Most in-dash navigation systems available in the market are touchscreen to simplify the navigation of both, menu and maps. Many in-dash navigation systems offer additional features such as audio capabilities, the ability to connect smartphones, and stream music.

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Based on technology, the 2D maps segment accounted for the highest share in 2020, holding nearly three-fifths of the total share, and is estimated to continue its leadership status during the forecast period. However, the 3D maps segment is projected to register the highest CAGR of 13.4% from 2021 to 2030.

The vehicle type segment has been divided into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger car segment is expected to dominate the global in-dash navigation system market in 2020. The increase in demand for passenger vehicles across the globe and the growing need to offer enhanced driving experience and safety to passengers drive the growth of this segment. Increase in adoption of connected cars further promots the growth of the in-dash navigation systems market.

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On the basis of technology, the in-dash navigation system market is segregated into 2D maps and 3D maps. The 3D maps technology is expected to grow at a faster pace duing the forecast period. Several in-dash navigation system manufacturers have developed 3D maps-based navigation systems. 3D maps-based navigation enhances visual depiction and simplifies recognition of landmarks. Integration of 3D mapping coupled with voice-based navigation system enhance the driving experience while improving safety.

The key players profiled in this report include

Alpine Electronics, Inc.
Continental AG
Denso Corporation
DXC Technology Company
Garmin Ltd.
Panasonic Corporation
Pioneer Corporation
Robert Bosch Gmbh
Samsung Electronics Co., Ltd.
TomTom International BV.

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The market is influenced by increase in demand for vehicles with advanced safety and navigation features, introduction of new vehicle norms and government regulations associated with in-dash navigation systems, and growing applications of navigation services. However, factors such as high cost associated with in-dash navigation and increase in concerns associated with data privacy and protection hamper the growth of the in-dash navigation system market.

Based on sales channel, the original equipment manufacturer segment held the largest share in 2020, accounting for around three-fourths of the total share of the global in-dash navigation system market, and is estimated to continue its lead position during the forecast period. However, the aftermarket segment is expected to witness the fastest CAGR of 13.0% from 2021 to 2030.

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Based on technology, the 2D maps segment accounted for the highest share in 2020, holding nearly three-fifths of the total share, and is estimated to continue its leadership status during the forecast period. However, the 3D maps segment is projected to register the highest CAGR of 13.4% from 2021 to 2030.

Regional Analysis:

Based on region, Asia-Pacific accounted for the highest share in 2020, contributing to nearly two-fifths of the total market share, and is estimated to continue its dominant share by 2030. However, Europe is expected to portray the largest CAGR of 12.6% during the forecast period.

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