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Automotive navigation system utilizes GPS or Global Positioning System combined with computer mapping techniques that offer three-dimensional positions with respect to the velocity, time and information. The automotive navigation system can be used to communicate with radio, other signals or a combination of these to communicate with a vessel or vehicle. GPS is a significant innovation by the wireless telecommunication industry and is considered an essential global utility tool for navigation in the sea and on land or at a measurable distance from the earth’s surface.The schematic pictograms, map view, distance prompts and voice prompts are some the advanced functional services that are supplied by the automotive navigation system. The Global Automotive Navigation System Market by tools generated revenue of $xx million in 2018 and is anticipated to contribute $31,883 million by 2027, growing at a CAGR of 9.95% during the forecast period of 2019-2027.
MARKET INSIGHTS
Increase in the availability of data and information, the shift in consumer demands and extended regulatory requirements are some of the driving factors for the market growth. The strong and profitable growth of the automotive industry is very influential for the advancement of the automotive navigation system market.
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Increasing demands from the dependent sectors like that of the taxi sector, logistics and e-commerce sectors require the location of various addresses. The growing demand for rentals car services, like Uber and Ola, worldwide is one of the driving factors for the nurturing the automotive navigation system market. The automotive navigation system market is segmented on the basis of geography, end-user, vehicle, and components.
REGIONAL INSIGHTS
Asia Pacific region in the global automotive navigation system market by geography captures the majority of the market share. The Asia Pacific contributed xx% of market share in 2018 & is estimated to contribute a share of xx% in 2027. It is also anticipated to be the fastest growing region in the market during the forecast period 2019-2027. The region provides extra interest because of having large markets with crucial sales growth potential and important automotive manufacturing hubs to produce for Asia and the world.
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COMPETITIVE INSIGHTS
Ford, Toyota, BMW, Denso, Garmin, Chevrolet, Mitsubishi Electric Corporation, Alpine, Harman, Bosch, Hyundai, Renault, Audi, Honda, Nissan, and Elektrobit Automotive GmbH are the prominent market players operating in the global arena. Mergers and acquisitions are the major types of strategies adopted by these establishments for wide expansion across the global market.
Table of Contents..
List of Tables:
Table 1: Global Automotive Navigation System Market, By Geography, 2019-2027 (In $ Million)
Table 2: Substitutes To Navigation Systems And Their Functionalities
Table 3: List Of Infotainment Systems In The Market
Table 4: List Of Navigation Systems Present In The Market
Table 5: Autonomous Cars Forecast (With At Least One Self-Driving Feature)
Table 6: Global Automotive Navigation System Market, By End-User, 2019-2027, (In $ Million)
Table 7: Global Oem Automotive Navigation System Market, By Region, 2019-2027 (In $ Million)
Table 8: Global Aftermarket Automotive Navigations System Market, By Region, 2019-2027 (In $ Million)
Table 9: Global Automotive Navigation System Market, By Vehicle Type, 2019-2027, (In $ Million)
Table 10: Global Passenger Vehicle Automotive Navigation System Market, By Region, 2019-2027 (In $ Million)
Table 11: Global Commercial Vehicle Automotive Navigation System Market, By Region, 2019-2027 (In $ Million)
Table 12: Global Automotive Navigation System Market, By Components, 2019-2027 (In $ Million)
Table 13: Global Hardware Automotive Navigation System Market, By Region, 2019-2027 (In $ Million)
Table 14: Global Software Automotive Navigation System Market, By Region, 2019-2027 (In $ Million)
Table 15: Global Connectivity Automotive Navigation System Market, By Region, 2019-2027 (In $ Million)
Table 16: Opportunity Matrix
Table 17: Vendor Landscape
Table 18: Global Automotive Navigation System Market, By Geography, 2019-2027, (In $ Million)
Table 19: North America Automotive Navigation System Market, By Country, 2019-2027 (In $ Million)
Table 20: Europe Automotive Navigation System Market, By Country, 2019-2027 (In $ Million)
Table 21: Asia Pacific Automotive Navigation System Market, By Country, 2019-2027 (In $ Million)
Table 22: Rest Of World Automotive Navigation System Market, By Region, 2019-2027 (In $ Million)
Contact Info:
Name: Vishal Kalra
Email: Send Email
Organization: ReportsnReports
Website: https://www.reportsnreports.com/reports/2012770-global-automotive-navigation-system-market-forecast-2019-2027.html
Release ID: 491475
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