Automotive Navigation Systems Market Size, Revenue Analysis, PEST, Region & Country F

vandanamanturgekar · 17.1.2024, 15:20

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.
The latest research report, titled ‘Global Automotive Navigation Systems Market,’ can be considered an accurate prototype of the global Automotive Navigation Systems industry. The report specializes in gathering crucial data related to the leading market segments’ sales and revenue shares and focuses on the key players’ strategic business frameworks formulated to boost their growth journeys. The forecast market valuations are assessed on the basis of the in-depth analysis of the key market aspects, including product type outlook, application gamut, regional overview, and the competitive terrain. The report offers a holistic overview of the Automotive Navigation Systems market, comprising customer experience maps and data-driven insights. Our team of market analysts has examined the key factors influencing industrial growth, employing research tools that provide actionable results to meet various business priorities.
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Key companies operating in the Automotive Navigation Systems market include:
TomTom International BV., Mitsubishi Electric Corporation, Continental AG, Pioneer Corporation, Telenav Inc., NNG Software Developing and Commercial Llc., Robert Bosch GmbH, ALPINE ELECTRONICS, Inc., Renault Group, and Ford Motor Company
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Automotive Navigation Systems market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:

Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Automotive Navigation Systems Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market

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Automotive Navigation Systems Market Segmentation:

Device Type Outlook (Revenue, USD Billion; 2019–2030)
- In-Dash Navigation Systems
- Portable Navigation Devices (PNDs)
- Mobile Navigation Systems

Vehicle Type Outlook (Revenue, USD Billion; 2019–2030)
- Passenger Cars
- Commercial Vehicles

Sales Channel Outlook (Revenue, USD Billion; 2019–2030)
- OEM
- Aftermarket

Automotive Navigation Systems Market Segmentation by Regions:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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