ASIA PACIFIC IN-DASH NAVIGATION SYSTEM MARKET FORECAST 2018-2026

ASIA PACIFIC IN-DASH NAVIGATION SYSTEM MARKET FORECAST 2018-2026

  • July 2018 •
  • 85 pages •
  • Report ID: 5467848 •
  • Format: PDF
KEY FINDINGS
Asia Pacific leads the overall market by capturing the largest market share of the global in-dash navigation system market. By the end of the forecast period of 2018-2026, the market is likely to register a CAGR of 13.10%.

MARKET INSIGHTS
Standardization Administration of China along with the Ministry of Industry and Information Technology issued a national guideline that focuses on the development of standardized systems for connected vehicles.As a result, the country accounted for the highest revenue share in 2017.

Other significant gainers in the Asia-Pacific market are India, Japan, South Korea, and Australia.The market is expected to excel ahead over the forecast period because of increased vehicle production in the region.

However, the high cost of in-dash navigation system & lack of supportive infrastructure and cyber & data security concerns are restarting the market growth.

COMPETITIVE INSIGHTS
Market companies like Clarion Co. Ltd, Mitsubishi Electric Corporation, Sygic A.S, Pioneer Corporation, Delphi Automotive Plc (Aptive Plc), Luxoft Holding Inc, Harman International (Acquired By Samsung Electronics), Panasonic Corporation, Robert Bosch Gmbh, Continental Ag, Alpine Electronics Inc and Denso Corporation are operating in this region.