Automotive Navigation Systems Market | Leading Segments, Trends, Drivers and Challenges

Market Recovery and Growth Projections 2021-2025

Global automotive navigation systems market is likely to post an incremental growth of 7.28 mn units, accelerating at a CAGR of over 2.34% during the forecast period. This research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.

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Automotive Navigation Systems Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• Market is segmented by Product (IVS and PND), Type (passenger cars and commercial vehicles), and Geography (APAC, North America, Europe, South America, and MEA).
• 42% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Automotive Navigation Systems Market size.

Automotive Navigation Systems Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Minimization of vehicle operating cost will be a significant factor in driving the growth of the Automotive Navigation Systems Market.
• Integration of navigation-supported safety features in vehicles will be instrumental in driving the market growth during the forecast period.
• Complexities associated with customization is a hurdle that needs to be crossed on the path to success.

Automotive Navigation Systems Market: Vendor Analysis

• The market is fragmented.
• Aisin Corp, Alpine Electronics Inc., Continental AG, DENSO Corp., Garmin Ltd., Panasonic Corp., Pioneer Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and TomTom International BV are some of the major market participants.
• The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

• Automotive Navigation Systems Market Split by Product
  • IVS
  • PND
• Automotive Navigation Systems Market Split by Type
  • passenger cars
  • commercial vehicles
• Automotive Navigation Systems Market Split by Geography
  • APAC
  • North America
  • Europe
  • South America
  • MEA

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Aisin Corp
• Alpine Electronics Inc.
• Continental AG
• DENSO Corp.
• Garmin Ltd.
• Panasonic Corp.
• Pioneer Corp.
• Robert Bosch GmbH
• Samsung Electronics Co. Ltd.
• TomTom International BV

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of over 2.34%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by 7.28 mn units through 2021-2025.
    
3. What is a key factor driving this market?
   Minimization of vehicle operating cost will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   42% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Aisin Corp, Alpine Electronics Inc., Continental AG, DENSO Corp., Garmin Ltd., Panasonic Corp., Pioneer Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and TomTom International BV
    
7. What are the market segments covered in this report?
   The market is segmented by Product (IVS and PND), Type (passenger cars and commercial vehicles), and Geography (APAC, North America, Europe, South America, and MEA)

Automotive Navigation Systems Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

The automotive navigation systems market is expected to grow by 7.28 mn units, accelerating at a CAGR of almost 2% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

For a snapshot of our exhaustive research analysis and insights:  Request for Our Free Sample Report

Automotive Navigation Systems Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years. 

• Market is segmented Product (IVS and PND), Type (Passenger cars and Commercial vehicles), and Geography (APAC, North America, Europe, South America, and MEA). 
• 42% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Automotive Navigation Systems Market size. 

Automotive Navigation Systems Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Rise in automation across industries will be a significant factor in driving the growth of the Automotive Navigation Systems Market.
• Growth of the construction industry is another factor that will be instrumental in driving the market growth during the forecast period.
• An increase in construction costs is a hurdle that needs to be crossed on the path to success.

Automotive Navigation Systems Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aisin Corp, Alpine Electronics Inc., Continental AG, DENSO Corp., Garmin Ltd., Panasonic Corp., Pioneer Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and TomTom International BV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of over 2%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by 7.28 mn units through 2021-2025.
    
3. What is a key factor driving this market?
   Minimization of vehicle operating cost will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   42% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Aisin Corp, Alpine Electronics Inc., Continental AG, DENSO Corp., Garmin Ltd., Panasonic Corp., Pioneer Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and TomTom International BV
    
7. What are the market segments covered in this report?
   The market is segmented by Product (IVS and PND), Type (Passenger cars and Commercial vehicles), and Geography (APAC, North America, Europe, South America, and MEA)