Car GPS Navigation System Market by Component, Vehicle Type, Screen Size, Propulsion, and Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021–2030

Car GPS Navigation System Market by Component, Vehicle Type, Screen Size, Propulsion, and Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021–2030

  • March 2022 •
  • 275 pages •
  • Report ID: 6269727 •
  • Format: PDF
Car GPS Navigation System Market by Component (Hardware and Software & Services), Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), Screen Size (Less than 6 inches, 6 inches to 11 inches, and Greater than 11 inches), Propulsion (Internal Combustion Engine Vehicles and Electric Vehicles), and Sales Channel (Original Equipment Manufacturer and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021–2030


Car Global Positioning System (GPS) navigation system utilizes signals from satellites to track the location of vehicles. Car GPS navigation system can be factory fitted in new automobiles or can be purchased as add-on accessory. Mobile GPS navigation systems can be mounted on the car’s dash or windshield for easy viewing. Moreover, car GPS navigation system also offers several features such as audio/video functions, hands-free cellphone through Bluetooth, satellite radio, and offline navigation.
Several automobile manufacturers innovate navigation systems to provide more enhanced navigation features in vehicles. For instance, in October 2021, Garmin introduced 3 voice assisted GPS navigation systems for cars. The launched 3 voice assisted car GPS navigation system were Garmin DriveSmart 66, Garmin DriveSmart 76, and Garmin DriveSmart 86. Moreover, these new type of GPS navigation systems offer several features such as live traffic updates and alternate route in case of congested roads.
Rise in demand for vehicles with advanced safety & navigation features, increase in demand for reliable real-time traffic information, rapid development of connected cars and increase in adoption of car sharing & ride hailing services, especially in emerging nations are the factors that will be driving the growth of the market. However, high cost associated with in-dash navigation systems, lack of telecommunication infrastructure in developing countries and rise in concerns associated with data protection & privacy is expected to hinder the growth of the market. Factors such as increase in demand for fleet management, enhanced adoption of electric & hybrid vehicles and technological advancements are expected to accelerate the growth of this market during the forecast period.
The report segments the car GPS navigation system market on the basis of component, vehicle type, screen size, propulsion, sales channel, and region. Depending on component, it is classified into hardware and software & services. According to vehicle type, it is fragmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. As per the screen size, it is categorized into less than 6 inches, 6 inches to 11 inches, and greater than 11 inches. On the basis of propulsion, it is segregated into internal combustion engine vehicles and electric vehicles. By sales channel, it is bifurcated into original equipment manufacturer and aftermarket. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
• This study presents the analytical depiction of the global car GPS navigation system market analysis along with the current trends and future estimations to depict imminent investment pockets.
• The overall car GPS navigation system market opportunity is determined by understanding profitable trends to gain a stronger foothold.
• The report presents information related to the key drivers, restraints, and opportunities of the global car GPS navigation system market with a detailed impact analysis.
• The current car GPS navigation system market is quantitatively analyzed from 2020 to 2030 to benchmark financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

KEY MARKET SEGMENTS
- By Component
- Hardware
- Software & Services
- By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- By Screen Size
- Less than 6 inches
- 6 inches to 11 inches
- Greater than 11 inches
- By Propulsion
- Internal Combustion Engine Vehicles
- Electric Vehicles
- By Sales Channel
- Original Equipment Manufacturer
- Aftermarket
- By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa

KEY PLAYERS
- Alpine Electronics, Inc.
- Continental AG
- Garmin Ltd.
- JVCKENWOOD Corporation
- Mitsubishi Electric Corporation
- Panasonic Corporation
- Pioneer Corporation
- Robert Bosch GmbH
- Sony Group Corporation
- TomTom International BV