Press release
The Rise Of AI-Powered Maps In Automotive Technology Industry Trends Gaining Momentum in the Global Automotive Navigation Systems Market
Automotive Navigation Systems Market
Automotive Navigation Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for automotive navigation systems has witnessed significant expansion in the past few years. The growth is expected to continue, rising from $36.59 billion in 2024 to $39.31 billion in 2025, with a compound annual growth rate (CAGR) of 7.4%. Various factors have contributed to this growth in the historical period, including the consumers' desire for convenience, escalating traffic congestion, governmental safety regulations, the surge in urbanization, and advancements in mapping and location services.
Automotive Navigation Systems Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market size of automotive navigation systems is anticipated to witness robust growth. The market is projected to expand to $49.28 billion by 2029, registering a compound annual growth rate (CAGR) of 5.8%. The surge during the forecast period can be associated with a heightened emphasis on predictive navigation, increased demand for Electric Vehicles (EVs), improved user interfaces, the melding with smart city infrastructure, and the need for personalized and context-aware services. Key trends during this period include the integration of augmented reality (AR), the emergence of the connected car ecosystem, voice-controlled navigation, predictive navigation, compatibility with smartphones, 3D mapping and visualization, and integration with Advanced Driver Assistance Systems (ADAS).
View the full report here:
https://www.thebusinessresearchcompany.com/report/automotive-navigation-systems-global-market-report
What Are the Drivers Transforming the Automotive Navigation Systems Market?
The increasing count of automobiles is anticipated to drive the expansion of the automotive navigation systems market. Automobiles are typically land-based machines used for carrying individuals or goods, such as cars, buses, trucks, motorcycles, bicycles, among others. These navigation systems used in automobiles deliver real-time direction, location data, traffic updates on the move, and help in reaching the desired location safely and efficiently. For example, global production of motor vehicles touched 85.4 million units in 2022, a substantial growth of 5.7% from 2021, as per the European Automobile Manufacturers Association, a Belgium-based organization, in May 2023. Therefore, the rising count of automobiles is fueling the expansion of the automotive navigation system market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14049&type=smp
What Long-Term Trends Will Define the Future of the Automotive Navigation Systems Market?
Primarily, businesses operating in the car navigation systems market are concentrating on groundbreaking technological offerings, like customized navigation maps, in a bid to boost user interaction, better routing precision, and furnish personalized driving aids. Navigation maps fortified with artificial intelligence are cutting-edge systems that employ AI to offer precise, real-time directions and custom route suggestions. These tools enhance navigation by examining traffic situations, user inclinations, and places of interest. For instance, Genesys International, a surveying services firm from India, rolled out the first navigation map powered by AI in June 2024. This map comes with an Intelligent Speed Assistance (ISA), warning drivers about speed restrictions and departures from lanes, thereby escalating road safety.
Which Segments in the Automotive Navigation Systems Market Offer the Most Profit Potential?
The automotive navigation systems market covered in this report is segmented -
1) By Component: Hardware, Software, Connectivity
2) By Navigation modes: 3D Navigation, 2D Navigation, Differential Global Positioning System (DGPS)
3) By Vehicle Type: Passenger cars, Commercial vehicles
4) By Sales Channel: Original Equipment Manufacturer, After market
5) By Applications: Car Navigations, Dynamic Vehicle Routing, Tracking Rental Cars, Monitoring High Risk Auto Loans
Subsegments:
1) By Hardware: GPS Receivers, Sensors, Displays
2) By Software: Mapping Software, Route Planning Software, Traffic Information Software
3) By Connectivity: Bluetooth, Wi-Fi, Cellular Connectivity
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14049&type=smp
Which Firms Dominate the Automotive Navigation Systems Market by Market Share and Revenue in 2025?
Major companies operating in the automotive navigation systems market are Ford Motor Company, BMW Group, Robert Bosch GmbH, Panasonic Corporation, Denso Corporation, Continental AG, AISIN SEIKI Co. Ltd., Fujitsu Limited, Mitsubishi Motors Corporation, Harman International Industries, Garmin Ltd., Bose Corporation, JVCKENWOOD Corporation, Kenwood Corporation, HERE Technologies, MiTAC Holdings Corp., Pioneer Electronics, TomTom International BV, NNG Software Developing and Commercial LLC, Telenav Inc., clarion technologies, Delphi Technologies, Faurecia Clarion, Alpine Electronics, Navis-AMS
Which Regions Offer the Highest Growth Potential in the Automotive Navigation Systems Market?
North America was the largest region in the automotive navigation systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive navigation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14049
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Rise Of AI-Powered Maps In Automotive Technology Industry Trends Gaining Momentum in the Global Automotive Navigation Systems Market here
News-ID: 4117625 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Navigation
Innovative Navigation Satellites Driving Advancements In Space-Based Navigation …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Space-Based Navigation Control Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market for space-based navigation control has experienced significant growth. Current predictions estimate an increase from $5.16 billion in 2024 to $5.57 billion in 2025, indicating a compound annual growth rate…
Navigation Satellite Chip Market
Navigation Satellite Chip Market Overview
The navigation satellite chip is a highly integrated chip that integrates 32-channel GPS positioning, GSM voice, and GPRS data communications. Its function is to receive positioning information sent by navigation satellites. It is used in my country's Beidou satellite navigation and positioning system. As the core baseband processing chip of end-user computers, it can realize the integration of precise timing, navigation and positioning, remote control, voice…
GPS Navigation Software Market Is Booming Worldwide : Magellan Navigation, Googl …
Advance Market Analytics published a new research publication on "GPS Navigation Software Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the GPS Navigation Software market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample…
BeiDou Navigation Satellite System Market 2019 Growth Factors - Beijing BDStar N …
Recent market research study Global BeiDou Navigation Satellite System Market 2019 Forecast to 2024 now available with MRInsights.biz provides a comprehensive market analysis based on past and current situation of the market. The report covers future trends, current growth drivers, thoughtful insights, facts, market valuation, competitive spectrum, regional share, and revenue predictions. The report shows the market size, share, business growth enhancers, and obstructers, prior and current trends being followed…
Navigation Systems Market Forecast to 2025 - Demand in Robotic Navigation, Autom …
Navigation Systems Market by Applications for Marine, Aviation, Transportation and Military to 2024 - Study on Status and Future Forecast. Download Free PDF Brochure of Navigation Systems Market Research Now at https://www.reportsnreports.com/contacts/requestsample.aspx?name=2039332 .
Demand for navigation systems surged, especially in the aftermarket where varied economical options were available to the consumers. The market for in-dash navigation systems has seen significant changes as well. The feature which was available as a part…
Global Navigation Satellite System Market 2017 : Qualcomm, Trimble Navigation, B …
Global Navigation Satellite System Market 2016-2017
A market study based on the " Navigation Satellite System Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Navigation Satellite System Market 2017’. The research report analyses the historical as well as present performance of the worldwide Navigation Satellite System industry, and makes predictions on the future status of Navigation Satellite System market on the basis of…
