ASIA PACIFIC AUTOMOTIVE NAVIGATION SYSTEM MARKET FORECAST 2019-2027

ASIA PACIFIC AUTOMOTIVE NAVIGATION SYSTEM MARKET FORECAST 2019-2027

  • March 2019 •
  • 102 pages •
  • Report ID: 5753502 •
  • Format: PDF
KEY FINDINGS
The navigation system is one amongst the major discovery and innovations in the wireless telecommunication industry. The Asia Pacific automotive navigation system market is estimated to expand at 12.56% CAGR from 2019 to 2027. The economies of China, India, Japan, South Korea, Australia and the Rest of APAC are the major contributors to the regional market.

MARKET INSIGHTS
The Asia Pacific automotive navigation system market is expected to be on an upsurging end due to the growing transportation & communication infrastructure in the region. The developing countries are making huge efforts to develop their automobile sector through different paths with the direct and indirect influence of government through innovative policies and trade liberalization programs.
The most important driver for market growth has been the increase in the number of vehicle sales in the region, in particular, the luxury vehicles. The Chinese automobile sector is growing very fast and made its presence in the international trade arena, with a particularly strong position in the component sector.

COMPETITIVE INSIGHTS
Hyundai, Harman, BMW, Nissan, Ford, Garmin, Honda, Toyota, Mitsubishi Electric Corporation, Chevrolet, Audi, Bosch, Alpine, Denso, Elektrobit Automotive GmbH, and Renault are the major market players established in the region.

Companies mentioned
1. AUDI
2. BMW
3. CHEVROLET
4. FORD
5. HONDA
6. HYUNDAI
7. NISSAN
8. RENAULT
9. TOYOTA
10. ALPINE
11. BOSCH
12. DENSO
13. HARMAN
14. MITSUBISHI ELECTRIC CORPORATION
15. GARMIN
16. ELEKTROBIT AUTOMOTIVE GMBH