Automotive Navigation Systems Market Share, Demand, Growth Factors, Competitive Landscape & Revenue Analysis

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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 report offers a complete understanding of the Automotive Navigation Systems market in key regions with respect to regional production and consumption patterns, import/export, supply and demand dynamics, trends, growth prospects, and the presence of prominent players in each region. Each of the mentioned regions is analyzed based on the comprehensive market data obtained from the major countries of each region to impart a clear understanding of the market.

 

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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

For more informative information, please visit us @https://www.emergenresearch.com/industry-report/automotive-navigation-systems-market

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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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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