Automotive Navigation Systems Market by Product, Type, and Geography - 2020

Posted by sarahbennu on March 31st, 2021

Automotive Navigation Systems Market will register a CAGR of % during 2020-2024. The market’s growth momentum will Accelerate.

Minimization of vehicle operating cost | Integration of navigation-supported safety features in vehicles | Integration of smartphones with IVS will be one of the major factors driving the growth of this market. Additionally, key Automotive Navigation Systems Market trends such as the Increased support for open source and standard platforms for application development in automotive infotainment | Intelligence-integrated personal navigation systems | Technological advances will also influence market growth during the forecast period.

Automotive Navigation Systems Market Size

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During the forecast period, the Automotive Navigation Systems Market size will grow by 6.56 mn units.

Automotive Navigation Systems Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Automotive Navigation Systems Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Complexities associated with customization | Issues related to data security will also challenge the growth of the companies.

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

are some of the companies covered in Technavio’s Automotive Navigation Systems Market report for 2020-2024.

Automotive Navigation Systems Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Automotive Navigation Systems Market.

The APAC will account for the largest Automotive Navigation Systems Market share and during 2020-2024, the region will contribute to 42% of the market’s growth.

In addition to regions and the key companies involved, Technavio’s Automotive Navigation Systems Market report also analyzes the market by IVS | PND | Passenger cars | Commercial vehicles | APAC | North America | Europe | South America | MEA.comma

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