Automotive Navigation Systems Market Size Worth USD 56.91 Billion in 2030 - PowerPoint PPT Presentation

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Automotive Navigation Systems Market Size Worth USD 56.91 Billion in 2030

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Market Size – USD 30.16 Billion in 2021, Market Growth – at a CAGR of 7.3%, Market Trends – Technological advancements in navigation system – PowerPoint PPT presentation

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Date added: 21 June 2022
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Title: Automotive Navigation Systems Market Size Worth USD 56.91 Billion in 2030


1
Automotive Navigation Systems Market Size Worth
USD 56.91 Billion in 2030
www.emergenresearch.com
Rapidly emerging economies, changing standards of
living, and increased spending capacity of
individuals, as well as rapid development of
connected car and autonomous vehicle
infrastructure and rising demand for fleet
management, are some factors driving market
revenue growth
. 2
2
Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
3
Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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4
Industries We Cater to
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5
5
Market Summary
The global automotive navigation systems market
size is expected to reach USD 56.91 Billion in
2030 and register a revenue CAGR of 7.3 over the
forecast period, according to latest analysis by
Emergen Research. Growth of automotive industry,
increased traffic congestion, rising adoption of
automotive Global Positioning System (GPS)
navigation systems, rising population, rising
demand for real-time traffic data, and rising
investment in the development of automotive
infrastructure in emerging countries are key
factors expected to support market revenue growth
between 2022 and 2030. There has been an increase
in demand for navigational accuracy over the last
few years. Moreover, GPS technology has
progressed significantly in the last few years,
making rides much easier and safer. There has
been a growth in demand for safety and navigation
features such as Advanced Driver Assistance
Systems (ADAS), Lane Departure Warning Systems
(LDWS), and GPS navigation systems for enhanced
road safety and convenience. Several market
players are introducing new features and
innovative software in order to provide better
and more precise navigation services. In January
2021, for instance, Alps Alpine Qualcomm
introduced ViewPose, a precise positioning
system created to overcome limitations of
traditional GPS, particularly in metropolitan
areas with inconsistent signals. Read More
https//www.emergenresearch.com/industry-report/au
tomotive-navigation-systems-market
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6
Market Summary
Some Key Findings From the Report In-dash
navigation systems segment accounted for largest
revenue share in 2021. In-dash navigation systems
refer to a vehicle\'s integrated navigation
system that displays maps and provides
turn-by-turn directions for location routes. It
can provide real-time traffic information, 3D
High Definition (HD) maps, weather forecasts,
voice help, music, and Over-the-Air (OTA) map
updates, among others. Display unit, control
module, antenna module, and wiring harness are
primary components of an in-dash navigation
system. In-dash navigation systems can also
accurately track vehicle\'s speed by wiring unit
to vehicle\'s internal speed signal. Aftermarket
segment is expected to register a steady revenue
growth rate during the forecast period. Older
cars that do not come with a factory-fitted
navigation system can be fitted with an
aftermarket navigation system on their dashboard
or a portable navigation system can be used. With
increasing e-commerce sector, e-commerce
enterprises are under pressure to deliver
products to their clients on time. For Business
to Customer (B2C) distribution, several
e-commerce enterprises are creating agreements
with current logistic suppliers. Logistics
companies have been extending their services to
meet this demand by adding more vehicles to their
fleets. To reach their customers on time, these
trucks were generally outfitted with satellite
navigation systems. Request Free Sample
https//www.emergenresearch.com/request-sample/980
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7
Market Summary
Emergen Research has segmented the global
automotive navigation systems market on basis of
device type, vehicle type, sales channel, and
region Device Type Outlook (Revenue, USD
Billion 20192030) In-Dash Navigation
Systems Portable Navigation Devices (PNDs) Mobile
Navigation Systems Vehicle Type Outlook
(Revenue, USD Billion 20192030) Passenger
Cars Commercial Vehicles Sales Channel Outlook
(Revenue, USD Billion 20192030) OEM Aftermarket
Request customization of the report _at_
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ization/980
8
Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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9
Regional Share Dynamics
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10
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11
At Emergen Research, we believe in advancing with
technology. We are a growing market research and
strategy consulting company with an exhaustive
knowledge base of cutting-edge and potentially
market-disrupting technologies that are predicted
to become more prevalent in the coming
decade. Our expertise umbrellas the
technological environment of all major
industries, and our services help you map your
actions to ensure optimal yield. Our analysts
utilize their market proficiency to offer
actionable insights that help our clients
implement profitable strategies and optimize
their return on investment. Our services are
wide-ranging, right from technological
environment analysis to technological profiling
that highlights the existing opportunities in the
market you can capitalize on to stay ahead of
your competitors.
About Us
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Lets Talk Contact Information
Reach out to us and our Research Executives will
ensure you get the report that meets all your
requirements and address all your concerns.
14671 110 Avenue, Surrey, British Columbia, V3R2A9
www.emergenresearch.com
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sales_at_emergenresearch.com
1 (604) 757-9756
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