Press release
Automotive Navigation Systems Market Size to Reach $47.55 Billion by 2029 | Growth at 5.2% CAGR Forecast
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.What is the Projected Market Size of the Automotive Navigation Systems Industry?
In recent times, there's been a notable expansion in the automotive navigation systems market. Projected growth indicates a surge from $36.59 billion in 2024 to $38.77 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.9%. Several factors have contributed to its historical growth, including increasing consumer demands for convenience, rising traffic congestion, government-enforced safety regulations, urbanization, and advancements in mapping and location services.
What Will Be the Size of the Automotive Navigation Systems Market by 2029?
The market size of automotive navigation systems is predicted to witness robust expansion in the coming years, reaching $47.55 billion in 2029 with a compound annual growth rate (CAGR) of 5.2%. The growth anticipated in the forecast period is largely due to the increased emphasis on predictive navigation, escalating demand for electric vehicles (EVs), improved user interfaces, incorporation into smart city infrastructure, and the need for personalized and context-aware services. Key trends expected during the forecast period encompass integration with augmented reality (AR), the connected car ecosystem, voice-enabled navigation, predictive navigation, synchronization with smartphones, 3D mapping and visualization, as well as integration with advanced driver assistance systems (ADAS).
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/automotive-navigation-systems-global-market-report
What Are the Key Drivers Accelerating Growth in the Automotive Navigation Systems Market?
The surge in vehicle volumes is predicted to drive the expansion of the automotive navigation systems market in the coming years. Vehicles are machines conceived or utilized for the conveyance of people or goods, predominantly on land, which include cars, trucks, buses, motorcycles, bicycles, amongst others. These navigation systems in vehicles aid in providing real-time directions, location specifics, instant traffic updates, and assistance to ensure a safe and efficient journey to the desired place. For instance, the global production of motor vehicles hit 85.4 million units in 2022, according to data from the European Automobile Manufacturers Association, a Belgium-based car manufacturing association. This marked a massive growth of 5.7% as compared to 2021. Hence, the surge in car numbers is fueling the expansion of the automotive navigation system market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14049&type=smp
How Is the Automotive Navigation Systems Market Segmented by Type, Application, and Region?
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
What Are the Key Trends Driving Growth in the Automotive Navigation Systems Market?
Leading businesses in the automotive navigation systems market are concentrating on cutting-edge technological products like customized navigation maps for improved user experience, more accurate route mapping, and personalized driving solutions. Navigation maps powered by AI are sophisticated systems that utilize artificial intelligence for precise, real-time directions and bespoke route suggestions. They make navigation more efficient by assessing traffic situations, user choices, and points of interest. For example, Genesys International, an Indian surveying services firm, introduced the first AI-driven navigation map in June 2024. The map features Intelligent Speed Assistance (ISA), notifying drivers about speed constraints and departures in lanes, thereby enhancing road safety.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=14049&type=smp
Who Are the Leading Companies Driving Growth in the Automotive Navigation Systems Market?
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 Is the Leading Region in the Global 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.
Connect with 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.
Reach Out to Us
Speak With Our Expert:Saumya Sahay,
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers 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 Automotive Navigation Systems Market Size to Reach $47.55 Billion by 2029 | Growth at 5.2% CAGR Forecast here
News-ID: 4174968 • Views: …
More Releases from The Business Research Company

Brake Lines Market Analysis: $36.58 Billion by 2029 With a CAGR of 3.5%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Brake Lines Market Value Projection: How Much Will the Market Size by 2025?
In recent times, the brake lines market has consistently seen growth. The market size is expected to escalate from $30.83 billion in 2024 to $31.88 billion in 2025, growing at a compound annual growth rate (CAGR) of 3.4%.…

Autonomous Vehicle Simulation Solutions Industry Set to Achieve $2.12 Billion Mi …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Autonomous Vehicle Simulation Solutions Market Size 2025?
The market size for autonomous vehicle simulation solutions has seen a rapid expansion in the past few years. The market, with a value of $0.96 billion in 2024, is projected to rise to $1.14 billion in 2025,…

Automotive Vehicle To Everything (V2X) Communications Industry Expected to Reach …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Automotive Vehicle To Everything (V2X) Communications Market Value Projection: How Much Will the Market Size by 2025?
In recent years, the size of the automotive vehicle to everything (v2x) communications market has seen substantial growth. It is projected to increase from $3.6 billion in 2024 to $4.43 billion in 2025, registering…

Global Highway Driving Assist Market Worth $11.2 Billion by 2029, Growing at 20% …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Highway Driving Assist Market Outlook: What Size And CAGR Are Anticipated By 2025?
There has been a rapid expansion in the size of the highway driving assist market in the previous few years. Its projected growth is from $4.47 billion in 2024, escalating to $5.39 billion in 2025, with a…
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…