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Sep 28, 2020 (Profound via COMTEX) —
The global Automotive Navigation Systems market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 9% throughout the estimate period from 2020 to 2027.

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.

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This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Automotive Navigation Systems market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Automotive Navigation Systems market growth.

The global Automotive Navigation Systems market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

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).

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

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 global market has been segmented into in-dash, portable, and mobile navigation system. Among these types, in-dash navigation system accounted the largest market share, in 2018, followed by portable and mobile system. On the basis of vehicle type, the global market has been divided into passenger car and commercial vehicle. The passenger car segment registered the largest market share in 2018 and is expected to hold the largest share throughout the forecast period. On the basis of propulsion, the global market has been divided into ICE and electric vehicle. The ICE segment registered the largest market share in 2018 and expected to hold the largest share throughout the forecast period, whereas electric vehicle segment is expected to witness higher growth during the forecast period. On the basis of sales channel, the global market has been divided into OEM and aftermarket. The OEM segment dominated the market in 2018, whereas aftermarket segment is expected to witness higher growth during the forecast period.

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

  • North America
  • Europe

    • Germany

    • U.K.

    • Italy

    • France

    • Rest of EU

  • Asia Pacific

    • China

    • India

    • Japan

    • Southeast Asia

    • Rest of APAC

  • Central amp; South America

    • Brazil

    • Argentina

    • Rest of Central amp; South America

  • Middle East and Africa

    • UAE

    • Saudi Arabia

    • Rest of MEA

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COMTEX_371974335/2630/2020-09-28T03:32:25

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