Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Navigation Systems Market Research Repo
Automotive Navigation Systems Market Share, Size, Trends, And Business Opportunity Analysis
Report 2019 include historic data, with forecast data to 2025. Automotive Navigation Systems
Industry report is helpful for future strategy development, and to know about Market Drivers,
Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast
to 2025.
A navigation system is among the most essential systems utilized in automobiles for the
purpose of route mapping. Its purpose is to supervise and manage the movement of the vehicle
and as it makes its way from one location to another.
The global automotive navigation system market has seen a significant growth in the last
couple of years and is expected to remain in the growing phase till forecast period. The global
automotive navigation system market is expected to grow with a CAGR of 8.85% over the
forecast period.
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The global automotive navigation system market is majorly influenced by factors such as
growth of automotive industry, increase in traffic congestion, increasing adoption of car GPS
navigation system, growing population, growing demand for real-time traffic data, and growing
investment for the development of automotive infrastructure in emerging countries. Over the
last few years, there has been an increase in the need for accuracy in navigation. As a result,
the demand for automotive navigation system industry has increased steadily. Moreover, in the
last few years, the navigation technology has advanced in a significant manner, which has made
the journey much easier and safer. The high price of in-dash navigation systems and the lack of
telecommunications and connectivity infrastructure are hindering the growth of the market.
The rapidly progressing economy in developing countries, changing lifestyles, and rising
purchasing power of people along with the rapid development of connected cars and
autonomous vehicles infrastructure and the increasing demand for fleet management are
factors that offer the market ample opportunity to grow in the global automotive navigation
system market.
Prominent Players
The Prominent Players in the global automotive navigation system include Alpine Electronics,
Inc., (Japan), AISIN SEIKI Co., Ltd (Japan), Clarion Corporation (US), Continental AG (Germany),
Delphi Technologies (UK), Denso Corporation (Japan), Garmin Ltd (US), Harman International
Industries, Inc. (US), HERE Technologies (US), JVC Kenwood Corporation (Japan), Pioneer
Corporation (US), Telenav, Inc. (US), TomTom N.V. (US), NNG Software Developing and
Commercial Llc. (Hungary), and Robert Bosch GmbH (Germany).
For this study, the global automotive navigation system market has been segmented based on
device type, vehicle type, sales channel, propulsion, and region. On the basis of device type, the