Global Automotive Navigation System

Global Automotive Navigation System Market Research Report: Forecast (2022-27)

By Vehicle Type (Passenger Cars, Commercial Cars), By Demand Type (OEMs, Aftermarket), By Device Type (In-Dash Navigation System, Portable Navigation System), By Region (North America, South America, Read more

  • Automotive
  • Mar 2022
  • 189
  • AT33003

Market Definition

An automotive navigation system offers insights unavailable to the driver, such as traffic updates, routes, etc., and is used commonly for directions. These navigation systems use satellite devices to attain real-time data about road or traffic conditions.

In addition, they also enlighten the driver about the presence of gas stations, alternate & fastest routes, traveling time, traffic updates, restaurants & hotels, among others, thereby gaining popularity among automakers & vehicle owners worldwide.

Market Insights

The Global Automotive Navigation System Market is projected to grow at a CAGR of around 8% during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the increasing vehicle fleet globally and escalating traffic, especially across urban areas, i.e., surging the demand for automotive navigation systems among drivers for real-time information about routes, traffic, maps, etc., attained through Global Positioning System (GPS). 

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 8%
Regions Covered North America: The US, Canada, Mexico
Europe: Germany, The UK, France, Russia, Rest of Europe
Asia-Pacific: China, Japan, India, Australia, Rest of Asia Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: Israel, GCC, South Africa, Rest of The Middle East & Africa
Key Companies Profiled

Samsung, MediaTek, Texas Instruments, Denso Corporations, Delphi Automotive Plc, Clarion Corporation, Alpine Electronics, Inc. Garmin, Mitsubishi Electric Corporation, Harman International Industries Inc.

Unit Denominations USD Million/Billion

 

Besides, the growing inclination of the leading players toward integrating advanced technologies like Artificial Intelligence (AI) & the Internet of Things (IoT) into navigation systems to enhance the overall driving experience is attracting several automakers & consumers to deploy these systems. It, in turn, is also projecting lucrative prospects for the global market through 2027.

Moreover, the rapid development of connected cars, soaring demand for vehicles equipped with advanced safety features, and the increasing prevalence of car-sharing services are also projected to augment the overall market growth across various regions worldwide through 2027.

Impact of Covid-19 on the Global Automotive Navigation System Market

The advent of Covid-19 in 2020 had a catastrophic effect on most industries globally, and the Automotive Navigation System Market was no exception. While governments of different countries worldwide imposed stringent restrictions & lockdowns to curb the spread of this dreadful disease, the leading players in the market witnessed several unprecedented challenges like shortage of raw materials & labor, owing to supply chain disruptions.

Moreover, several research & development projects & manufacturing units witnessed a temporary halt, which, in turn, led to massive revenue losses for the leading players. In addition, the transportation & logistic sector was also adversely affected, which resulted in delays & cancellation of pre-produced goods and a swift decline in the market growth.

Market Segmentation

Based on the Type of Vehicle:

  • Passenger Cars
  • Commercial Cars 

Amongst both, Passenger cars dominated the Global Automotive Navigation Market with the largest share, and the same trend is likely during 2022-27. It owes principally to the growing inclination of the people toward private ownership of vehicles due to their improving purchasing power, i.e., instigating automakers to expand their production capacities for passenger cars. As a result, it is positively impacting the demand for automotive navigation systems. Besides, with this expanding passenger car fleet worldwide, the need for technologically advanced features is also rapidly accelerating, i.e., leading to the burgeoning demand for portable or in-built navigation systems for passenger cars for more accurate real-time data and convenience.

On the other hand, commercial cars are anticipated to display the fastest market growth over the forecast years. It attributes principally to surging commercial activities worldwide, such as construction, mining, transportation, & logistics, i.e., augmenting the demand for trucks & buses and, in turn, promoting the deployment of navigation systems for updated maps, accurate navigation turn-by-turn directions, voice-to-text capabilities, & accessible inputs for driver assistance.

Regional Landscape

Geographically, the Global Automotive Navigation System Market expands across:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Amongst all regions globally, Asia-Pacific acquired the largest share in the Automotive Navigation Market in previous years. It owes to the exponentially rising population and the growing vehicle fleet across the region, i.e., positively influencing the sales of automotive navigation systems. Besides, the extensive presence of prominent automakers & navigation system manufacturers, especially in countries like Japan & China, is further expanding the customer base and projecting profitable opportunities for the regional market through 2027.

 

On the other hand, Europe is anticipated to display the fastest market growth during 2022-27 on account of rapid technological advancements and increasing sales of passenger vehicles across the region. Besides, the increasing integration of these navigation systems into cars, coupled with the mounting consumer inclination toward Hybrid & Electric Vehicles (EVs), are also likely to fuel the growth of the automotive navigation system market across Europe in the coming years.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Automotive Navigation System Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Automotive Navigation System Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Automotive Navigation System Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global Automotive Navigation System Market study?

Frequently Asked Questions

A. The Global Automotive Navigation System Market is projected to grow at a CAGR of around 8% during 2022-27.

A. Rapid advancements in navigation systems integrated with AI & IoT are anticipated to drive the Global Automotive Navigation System Market through 2027.

A. The growing adoption of Electric Vehicles (EVs), i.e., escalating the demand for navigation systems among automakers, is the key trend in the Global Automotive Navigation Market.

A. Passenger Cars are anticipated to emerge as an area of remunerative opportunities for the leading players in the Global Automotive Navigation System Market over the forecast years.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  2. Executive Summary
  3. Expert Verbatim- What our Experts Say?
  4. Global Automotive Navigation System Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By Vehicle Type
        1. Passenger Car
        2. Commercial Car
      2. By Demand Type
        1. OEMs
        2. Aftermarket
      3. By Device Type
        1. In- Dash Navigation System
        2. Portable Navigation System
      4. By Region
        1. North America
          1. United States
          2. Canada
          3. Mexico
        2. South America
          1. Brazil
          2. Others
        3. Europe
          1. Italy
          2. France
          3. United Kingdom
          4. Russia
          5. Germany
          6. Spain
          7. Others
        4. Middle East & Africa
          1. Iran
          2. Saudi Arabia
          3. UAE
          4. South Africa
          5. Others
        5. Asia-Pacific
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Australia
          6. Indonesia
          7. Thailand
          8. Philippines
          9. Malaysia
          10. Vietnam
      5.  By Company
        1. Market Share
        2. Competition Analysis
  5. North America Automotive Navigation System Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Demand Type
      3. By Device Type
      4. By Country
    3. United States Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    4. Canada Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    5. Mexico Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
  6. South America Automotive Navigation System Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Demand Type
      3. By Device Type
      4. By Country
    3. Brazil Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
  7. Europe Automotive Navigation System Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Demand Type
      3. By Device Type
      4. By Country
    3. Italy Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    4. Germany Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    5. France Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    6. Spain Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    7. United Kingdom Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    8. Russia Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
  8. Middle East & Africa Automotive Navigation System Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Demand Type
      3. By Device Type
      4. By Country
    3. Saudi Arabia Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    4. UAE Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    5. Iran Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    6. South Africa Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
  9. Asia-Pacific Automotive Navigation System Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenue
      2. Units Sold
    2. Market Share & Analysis
      1. By Vehicle Type
      2. By Demand Type
      3. By Device Type
      4. By Country
    3. China Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    4. India Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    5. Japan Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    6. South Korea Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    7. Australia Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    8. Indonesia Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    9. Thailand Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    10. Philippines Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    11. Malaysia Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
    12. Vietnam Automotive Navigation System Market Analysis, 2017-2027
      1. Market Size & Analysis
        1. Market Revenue
        2. Units Sold
      2. Market Share & Analysis
        1. By Vehicle Type
        2. By Demand Type
        3. By Device Type
  10. Global Automotive Navigation System Market Policies, Regulations, Product Standards  
  11. Global Automotive Navigation System Market Trends & Insights
  12. Global Automotive Navigation System Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  13. Global Automotive Navigation System Market Hotspot & Opportunities
  14. Global Automotive Navigation System Market Key Strategic Imperatives for Success & Growth
  15. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target End Users
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Samsung
      2. MediaTek
      3. Texas Instruments
      4. Denso Corporations
      5. Delphi Automotive Plc
      6. Clarion Corporation
      7. Alpine Electronics, Inc.
      8. Garmin
      9. Mitsubishi Electric Corporation
      10. Harman International Industries Inc.
  16. Disclaimer
Automotive Navigation System Market Segmentation