Status : Published | Published On : Dec, 2023 | Report Code : VRAT9619 | Industry : Automotive & Transportation | Available Format : | Page : 187 |
Industry Overview
During the forecast period of 2025-30, the global automotive navigation systems market is estimated to grow at a CAGR of 13.4%. Further, it is predicted that with this growth rate market size will reach USD 32.3 billion in 2030.
There is a rising issue of increased traffic congestion that has been seen in the last few years which rapidly increases the demand for secure, advanced, and digitalized traffic control systems like in the U.A.E. Additionally, commuters are also looking for improved in-dash navigation systems. Such rapid growing needs fuel the market growth of automotive navigation systems. As a result, market leaders are continuously engaged in the R&D of advanced automotive technologies like the integration of traffic congestion with car navigation systems. As a result, the automotive navigation systems market is estimated to be fueled by this factor to grow during the forecasted period of 2025-30. Furthermore, it is projected that the increased development of connected cars, skyrocketing demand for automobiles with cutting-edge safety features, and the rising popularity of car-sharing services will contribute to the automotive navigation market system market growth.
Covid-19 Impact
COVID-19 had a detrimental effect on the automotive navigation systems market. The market was confronted with several difficulties, including labor dependency, working capital management, supply chain execution, and changes in regulations and policies. To mitigate the pandemic's effects, the automotive navigation system market devised smart cost-saving programs and started regularizing production to meet the ongoing demand.
Market Segment
Insight by Vehicle Type
Based on vehicles, the automotive navigation system market is segmented into passenger vehicles and commercial vehicles. Passenger vehicles including cars and others have the largest market share and are anticipated to hold the position during the forecast period as well. However, the reason behind this contribution is increased demand and rational production of passenger cars with installed advanced GPS systems. Additionally, to participate highest during the projected period, improved traffic management contributes to the passenger car market.
Insight by end-user
Based on end-user global automotive navigation market size is bifurcated into OEM and aftermarket. The aftermarket segment dominates the global market extensively and accounted highest during the projected period of 2025-30 as well.
Insight by device
Based on end-users, the automotive navigation system market is bifurcated into OEM and aftermarket. The aftermarket segment among both types of end-users dominates the global market of automotive navigation systems extensively and accounted to participate highest during the projected period of 2025-30 as well.
Insight by device
The automotive navigation system market based on the device is categorized into in-dash, portable, and mobile application-based navigation systems. In-dash navigation systems are anticipated to have the quickest growth during the forecasted period. This is mostly due to the rising demand for in-dash navigation systems with 3D maps and the reasonably priced availability of improved in-dash navigation systems from original equipment manufacturers (OEMs).
Global Automobile Navigation Systems Market Report Coverage
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. XX Billion |
Revenue Forecast in 2030 |
U.S.D. 32.3 Billion |
Growth Rate |
13.4% |
Segments Covered in the Report |
By Vehicle Type, By End-User and By Device |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Industry Dynamics
Growth Drivers
The key growth driver for the market to grow is the integration of smartphones with IVS (in-vehicle systems). Recent increases in smartphone penetration are anticipated to drive up demand for navigational systems based on smartphones and tablets. Connected automotive will rank top in demand as customer desire for wireless connectivity and mobile internet rises along with the widespread use of smartphones and tablets. This is predicted to push vehicle supply-side suppliers to adapt to new digital lifestyles and integrate in-care internet connectivity solutions, which will lead to increased demand for automotive navigation systems. Additionally, market growth is also being driven by technological improvements.
Challenges
The adoption of navigation systems in the automotive industry is impacted by factors like a lack of telecommunications infrastructure and high navigation technology costs, particularly in developing nations like India, Indonesia, and Thailand. As a result, the global market of automotive navigation systems is somewhat constrained in its growth.
Opportunities
The adoption of 5G technology by the insurance sector and its integration into vehicle connection expands the market's lucrative potential between the forecasted period of 2025 and 2030. The market will continue to grow due to the emergence of new customer segments across numerous business verticals and the rising popularity of linked vehicle technologies.
Geographical Overviews
The automotive navigation system market is widespread in Europe, North America, Asia-Pacific (APAC), and the rest of the World. The nations include Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, and the Philippines, as well as the rest of Asia-Pacific (APAC), Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle.
Asia-Pacific has historically earned the greatest share in the automotive navigation market. It is due to the region's rapidly expanding population and growing fleet of vehicles, which has a beneficial impact on the sales of automotive navigation systems. Additionally, the widespread presence of well-known automakers and navigation system producers, particularly in nations like Japan and China, is growing the client base and predicting the lucrative potential for the regional industry through 2030. On the other hand, due to accelerating technological breakthroughs and rising passenger vehicle sales throughout the region, Europe is predicted to show the fastest market growth between 2022 and 2030.
Recent Development Key Market Players
• The announcement was made by HERE Technologies on the launch of HERE Navigation, an open-source navigation system, in April 2022. The in-vehicle infotainment (IVI) systems in the company's new FY Series, F Series, and FX Series trucks for the 2022 model year are the focus of this navigation solution.
• In May 2022, Volvo announced that the U.S. portfolio of its automobiles for 2023 would only include electric, hybrid, or mild hybrid models. Google Maps will be the default navigation system in these vehicles, along with Google Assistant for voice control and the Google Play store for additional apps.
Key Players Covered In This Report
Some of the major players in the global automotive navigation systems market include Garmin Ltd., Alpine Electronics Inc., Robert Bosch GmbH, Bose Corporation, Aisin Seiki Co. Ltd., Continental AG, Tom-Tom NV, Delphi Technologies, Pioneer Corporation, Mitsubishi Electric Corporation, and HERE Technologies are a few of the major companies active in the global automotive navigation systems market. The majority of these businesses are aiming to release a wide range of navigation systems and are also partnering with other businesses to broaden their product offerings and market share. Among the leading companies in the market for automotive navigation systems are Clarion (UK), Continental AG (Germany), Alpine Electronics, Inc. (Japan), AISIN SEIKI Co., Ltd. (Japan), and Delphi Technologies (UK), HARMAN International, DENSO Corporation (Japan), Garmin Ltd. (US), and HERE (Netherlands), JVCKENWOOD Corporation, Pioneer Corporation, Telenav, Inc., TomTom International BV, and NNG Software Developing and Commercial Llc. are all Japanese companies (Hungary), FUJITSU MiTAC Holdings Corp. Robert Bosch GmbH Germany (Japan), Nissan Motor Company (Japan), Ford Motor Company (US), and BMW Group (Germany).
The Automotive Navigation Market report offers a comprehensive market segmentation analysis and an estimation for the forecast period 2025–2030.
Segments Covered in the Report
Geographical Segmentation
Source: VynZ Research
1. Research Overview
1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Vehicle type
1.2.2. By End-user
1.2.3. By Device
1.2.4. By Region
1.3. Research Phases
1.4. Limitations
1.5. Research Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit
2. Executive Summary
3. Industry Overview
3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
4. Global Market Estimate and Forecast
4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030
5. Market Segmentation Estimate and Forecast
5.1. By Vehicle type
5.1.1. Passenger vehicles
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. Commercial vehicles
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.2. By End-user
5.2.1. OEM
5.2.1.1. Market Definition
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. Aftermarket
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.3. By Device
5.3.1. In-dash
5.3.1.1. Market Definition
5.3.1.2. Market Estimation and Forecast to 2030
5.3.2. Portable
5.3.2.1. Market Definition
5.3.2.2. Market Estimation and Forecast to 2030
5.3.3. Mobile application-based
5.3.1.1. Market Definition
5.3.2.2. Market Estimation and Forecast to 2030
5.3.4. Navigation Systems Based
5.3.4.1. Market Definition
5.3.4.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast
6.1. By Vehicle type
6.2. By End-user
6.3. By Device
6.4. By Country
6.4.1. U.S. Market Estimate and Forecast
6.4.2. Canada Market Estimate and Forecast
6.4.3. Mexico Market Estimate and Forecast
7. Europe Market Estimate and Forecast
7.1. By Vehicle type
7.2. By End-user
7.3. By Device
7.4 By Country
7.4.1. Germany Market Estimate and Forecast
7.4.2. France Market Estimate and Forecast
7.4.3. U.K. Market Estimate and Forecast
7.4.4. Italy Market Estimate and Forecast
7.4.5. Spain Market Estimate and Forecast
7.4.6. Russia Market Estimate and Forecast
7.4.7. Rest of Europe Market Estimate and Forecast
8. Asia-Pacific Market Estimate and Forecast
8.1. By Vehicle type
8.2. By End-user
8.3. By Device
8.4 By Country
8.4.1. China Market Estimate and Forecast
8.4.2. Japan Market Estimate and Forecast
8.4.3. India Market Estimate and Forecast
8.4.4. South Korea Market Estimate and Forecast
8.4.5. Rest of Asia-Pacific Market Estimate and Forecast
9. Rest of the World (RoW) Market Estimate and Forecast
9.1. By Vehicle type
9.2. By End-user
9.3. By Device
9.4 By Country
9.4.1. Brazil Market Estimate and Forecast
9.4.2. Saudi Arabia Market Estimate and Forecast
9.4.3. South Africa Market Estimate and Forecast
9.4.4. U.A.E. Market Estimate and Forecast
9.4.5. Other Countries Market Estimate and Forecast
10. Company Profiles
10.1. Clarion (UK)
10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. Continental AG (Germany)
10.2.1. Robert B
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. Alpine Electronics. (Japan)
10.3.1. Bose Cor
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. AISIN SEIKI Co., Ltd. (Japan)
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. Delphi Technologies (UK)
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. HARMAN International
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7. DENSO Corporation (Japan)
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10.8. Garmin Ltd. (US)
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. HERE (Netherlands)
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.10. JVCKENWOOD Corporation
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.11. Pioneer Corporation
10.11.1. Snapshot
10.11.2. Overview
10.11.3. Offerings
10.11.4. Financial Insight
10.11.5. Recent Developments
10.22. Telenav Inc
10.2.1. Robert B
10.12.2. Overview
10.12.3. Offerings
10.12.4. Financial Insight
10.12.5. Recent Developments
10.13. TomTom International BV
10.13.1. Bose Cor
10.13.2. Overview
10.13.3. Offerings
10.13.4. Financial Insight
10.13.5. Recent Developments
10.14. NNG Software Developing
10.14.1. Snapshot
10.14.2. Overview
10.14.3. Offerings
10.14.4. Financial Insight
10.14.5. Recent Developments
10.5. Commercial Llc.
10.15.1. Snapshot
10.15.2. Overview
10.15.3. Offerings
10.15.4. Financial Insight
10.15.5. Recent Developments
10.16. Hungary
10.16.1. Snapshot
10.16.2. Overview
10.16.3. Offerings
10.16.4. Financial Insight
10.16.5. Recent Developments
10.17. FUJITSU MiTAC Holdings Corp.
10.17.1. Snapshot
10.17.2. Overview
10.17.3. Offerings
10.17.4. Financial Insight
10.17.5. Recent Developments
10.18. Robert Bosch GmbH Germany
10.18.1. Snapshot
10.18.2. Overview
10.18.3. Offerings
10.18.4. Financial Insight
10.18.5. Recent Developments
10.19. Nissan Motor Company (Japan)
10.19.1. Snapshot
10.19.2. Overview
10.19.3. Offerings
10.19.4. Financial Insight
10.19.5. Recent Developments
10.20. Ford Motor Company (US)
10.20.1. Snapshot
10.20.2. Overview
10.20.3. Offerings
10.20.4. Financial Insight
10.20.5. Recent Developments
10.21. BMW Group (Germany)
10.21.1. Snapshot
10.21.2. Overview
10.21.3. Offerings
10.21.4. Financial Insight
10.21.5. Recent Developments
11. Appendix
11.1. Exchange Rates
11.2. Abbreviations
Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.
List of Tables
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Automobile Navigation Systems Market Size, By Vehicle type, 2018-2023 (USD Billion)
Table 5 Global Automobile Navigation Systems Market Size, By Vehicle type, 2025-2030 (USD Billion)
Table 6 Global Automobile Navigation Systems Market Size, By End-User, 2018-2023 (USD Billion)
Table 7 Global Automobile Navigation Systems Market Size, By End-User, 2025-2030 (USD Billion)
Table 8 Global Automobile Navigation Systems Market Size, By Device, 2018-2023 (USD Billion)
Table 9 Global Automobile Navigation Systems Market Size, By Device, 2025-2030 (USD Billion)
Table 10 Global Automobile Navigation Systems Market Size, By Region, 2018-2023 (USD Billion)
Table 11 Global Automobile Navigation Systems Market Size, By Region, 2025-2030 (USD Billion)
Table 12 North America Automobile Navigation Systems Market Size, By Vehicle type, 2018-2023 (USD Billion)
Table 13 North America Automobile Navigation Systems Market Size, By Vehicle type, 2025-2030 (USD Billion)
Table 14 North America Automobile Navigation Systems Market Size, By End-User, 2018-2023 (USD Billion)
Table 15 North America Automobile Navigation Systems Market Size, By End-User, 2025-2030 (USD Billion)
Table 16 North America Automobile Navigation Systems Market Size, By Device, 2018-2023(USD Billion)
Table 17 North America Automobile Navigation Systems Market Size, By Device, 2025-2030 (USD Billion)
Table 18 North America Automobile Navigation Systems Market Size, By Region, 2018-2023 (USD Billion)
Table 19 North America Automobile Navigation Systems Market Size, By Region, 2025-2030 (USD Billion)
Table 20 Europe Automobile Navigation Systems Market Size, By Vehicle type, 2018-2023 (USD Billion)
Table 21 Europe Automobile Navigation Systems Market Size, By Vehicle type, 2025-2030 (USD Billion)
Table 22 Europe Automobile Navigation Systems Market Size, By End-User, 2018-2023 (USD Billion)
Table 23 Europe Automobile Navigation Systems Market Size, By End-User, 2025-2030 (USD Billion)
Table 24 Europe Automobile Navigation Systems Market Size, By Device, 2018-2023 (USD Billion)
Table 25 Europe Automobile Navigation Systems Market Size, By Device, 2025-2030 (USD Billion)
Table 26 Europe Automobile Navigation Systems Market Size, By Region, 2018-2023 (USD Billion)
Table 27 Europe Automobile Navigation Systems Market Size, By Region, 2025-2030 (USD Billion)
Table 28 Asia-Pacific Automobile Navigation Systems Market Size, By Vehicle type, 2018-2023 (USD Billion)
Table 29 Asia-Pacific Automobile Navigation Systems Market Size, By Vehicle type, 2025-2030 (USD Billion)
Table 30 Asia-Pacific Automobile Navigation Systems Market Size, By End-User, 2018-2023 (USD Billion)
Table 31 Asia-Pacific Automobile Navigation Systems Market Size, By End-User, 2025-2030 (USD Billion)
Table 32 Asia-Pacific Automobile Navigation Systems Market Size, By Device, 2018-2023 (USD Billion)
Table 33 Asia-Pacific Automobile Navigation Systems Market Size, By Device, 2025-2030 (USD Billion)
Table 34 Asia-Pacific Automobile Navigation Systems Market Size, By Region, 2018-2023 (USD Billion)
Table 35 Asia-Pacific Automobile Navigation Systems Market Size, By Region, 2025-2030 (USD Billion)
Table 36 RoW Automobile Navigation Systems Market Size, By Vehicle type, 2018-2023 (USD Billion)
Table 37 RoW Automobile Navigation Systems Market Size, By Vehicle type, 2025-2030 (USD Billion)
Table 38 RoW Automobile Navigation Systems Market Size, By End-User, 2018-2023 (USD Billion)
Table 39 RoW Automobile Navigation Systems Market Size, By End-User, 2025-2030 (USD Billion)
Table 40 RoW Automobile Navigation Systems Market Size, By Device, 2018-2023 (USD Billion)
Table 41 RoW Automobile Navigation Systems Market Size, By Device, 2025-2030 (USD Billion)
Table 42 RoW Automobile Navigation Systems Market Size, By Region, 2018-2023 (USD Billion)
Table 43 RoW Automobile Navigation Systems Market Size, By Region, 2025-2030 (USD Billion)
Table 44 Snapshot – Clarion (UK)
Table 45 Snapshot – Continental AG (Germany)
Table 46 Snapshot – Alpine Electronics. (Japan)
Table 47 Snapshot – AISIN SEIKI Co., Ltd. (Japan)
Table 48 Snapshot – Delphi Technologies (UK)
Table 49 Snapshot – HARMAN International
Table 50 Snapshot – DENSO Corporation (Japan)
Table 51 Snapshot – Garmin Ltd. (US)
Table 52 Snapshot – HERE (Netherlands)
Table 53 Snapshot – JVCKENWOOD Corporation
Table 54 Snapshot – Pioneer Corporation
Table 55 Snapshot – Telenav Inc
Table 56 Snapshot – TomTom International BV
Table 57 Snapshot – NNG Software Developing
Table 58 Snapshot – Commercial Llc.
Table 59 Snapshot – Hungary
Table 60 Snapshot – FUJITSU MiTAC Holdings Corp.
Table 61 Snapshot – Robert Bosch GmbH Germany
Table 62 Snapshot – Nissan Motor Company (Japan)
Table 63 Snapshot – Ford Motor Company (US)
Table 64 Snapshot – BMW Group (Germany).
List of Figures
Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Automobile Navigation Systems Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Automobile Navigation Systems Market Highlight
Figure 12 Global Automobile Navigation Systems Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 13 Global Automobile Navigation Systems Market Size, By End-User, 2018 - 2030 (USD Billion)
Figure 14 Global Automobile Navigation Systems Market Size, By Device, 2018 - 2030 (USD Billion)
Figure 15 Global Automobile Navigation Systems Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 16 North America Automobile Navigation Systems Market Highlight
Figure 17 North America Automobile Navigation Systems Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 18 North America Automobile Navigation Systems Market Size, By End-User, 2018 - 2030 (USD Billion)
Figure 19 North America Automobile Navigation Systems Market Size, By Device, 2018 - 2030 (USD Billion)
Figure 20 North America Automobile Navigation Systems Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 21 Europe Automobile Navigation Systems Market Highlight
Figure 22 Europe Automobile Navigation Systems Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 23 Europe Automobile Navigation Systems Market Size, By End-User, 2018 - 2030 (USD Billion)
Figure 24 Europe Automobile Navigation Systems Market Size, By Device, 2018 - 2030 (USD Billion)
Figure 25 Europe Automobile Navigation Systems Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 26 Asia-Pacific Automobile Navigation Systems Market Highlight
Figure 27 Asia-Pacific Automobile Navigation Systems Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 28 Asia-Pacific Automobile Navigation Systems Market Size, By End-User, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific Automobile Navigation Systems Market Size, By Device, 2018 - 2030 (USD Billion)
Figure 30 Asia-Pacific Automobile Navigation Systems Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 31 RoW Automobile Navigation Systems Market Highlight
Figure 32 RoW Automobile Navigation Systems Market Size, By Service, 2018 - 2030 (USD Billion)
Figure 33 RoW Automobile Navigation Systems Market Size, By End-User, 2018 - 2030 (USD Billion)
Figure 34 RoW Automobile Navigation Systems Market Size, By Device, 2018 - 2030 (USD Billion)
Figure 35 RoW Automobile Navigation Systems Market Size, By Region, 2018 - 2030 (USD Billion)
Global Automobile Navigation Systems Market Coverage
Vehicle Type Insight and Forecast 2025-2030
End-User Insight and Forecast 2025-2030
Device Insight and Forecast 2025-2030
Geographical Segmentation
Photovoltaic Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)
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Automobile Navigation Systems Market