In-Dash Navigation Systems Market by Component (Antenna Module, Control Module, Display Unit, and Wiring Harness), By Technology (3D Maps, and 2D Maps), by Technology (Passengers Cars, HCVs, and LCVs), and by Geography – Size, Growth, Trends, and Forecast (2020 – 2027)
|Published Date : Dec-2020||Pages : 210||Report ID : 335866||Formate :|
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Global In-Dash Navigation System Market is projected to reach $36.50 Billion by 2027; growing at a CAGR of 12.3% from 2020 to 2027.
In-Dash Navigation Systems are electronic devices used in automotive industries that are used to find the desire accurate locations with the help of a global position system (GPS). It is a real-time tracking system that allows to views the real-time congestion, weather, and ease the desire rout that may save time and consumption of fuel. The in-dash navigation system is loaded with features like high screen resolution, capacitive touch screen, Bluetooth, speakerphone, built-in WIFI, Built-In Play store app, LED buttons, online and offline maps, USB ports, and AUX-IN audio support and comes with different languages.
The global in-dash navigation system market is classified on the basis of components, technology, application, and geography. The component segment is sub-segmented into antenna module, control module, display unit, and wiring harness. 2D maps and 3D maps are covered under the technology segment. Among technology, 2D maps led the market with the majority of the share in the year 2018. Moreover, the application segment can be classified into passenger cars, HCVs, and LCVs. The passenger cars dominated the market with the largest shares, while HCVs are expected to witness the fastest CAGR throughout the forecast period.
The global in-dash navigation systems market by geography has been segmented into North America, Europe, Asia-Pacific, Latin America, and The Middle East & Africa. The U.S., and Canada are covered under North America wherein Europe covers the UK, Germany, France, Italy, and the Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and the Rest of Asia-Pacific. Latin America covers Mexico, Brazil, and the Rest of Latin America. Furthermore, GCC countries, South Africa, and the Rest of the Middle East and Africa are the segments of ME&A.
Among all the regions, Asia-Pacific accounted for the majority of the share in the year 2016, driven by factors such as the booming automotive sector, rising disposable income, increased production of vehicles especially in developing countries such as India and China. Moreover, Asia-Pacific is also expected to witness the fastest growth during the forecast period from 2020 to 2027.
- Rising sales of expensive vehicles
- An increasing trend of semiautonomous vehicle
- Information related to traffic-jams and shortest routes
- Increase in demand for light-weight vehicles
- Advancement in technologies and ever-increasing production of vehicles
- Lack of supporting infrastructure in the emerging economies
- High system cost
Market Share Insights
Key players profiled in the report include Alpine Electronics, Inc., Continental AG, Delphi Technologies, Denso Corporation, Garmin Ltd, HARMAN International, Mitsubishi Electric Corporation, Pioneer Corporation, Robert Bosch GmbH, and TomTom International BV among others.
The comprehensive study focuses on major players, competitive landscape, companies’ recent developments, and value chain analysis for the in-dash navigation systems market.
For instance, in Sept 2020 – Denso Corporation announced its smartphone application “NaviBridge” which is compatible with more than one thousand car navigation systems. With the help of NaviBridge, a user is able to share searched locations on their smart-phone with car navigation systems over a single touch, delivering them quick and easy access to important directions.
In addition, in 2017 – Continental AG developed an electronic horizon also known as e-horizon. This system gives precise weather information for short-term forecasts and integrates real-time, location-specific weather data used in critical weather conditions.
Scope of the Global In-Dash Navigation System Market
- Antenna Module
- Control Module
- Display Unit
- Wiring Harness
- 3D Maps
- 2D Maps
- Passenger Cars
- The U.S.
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Rest of Latin America
Middle East & Africa
- GCC countries
- South Africa
- Rest of the Middle East and Africa
- Alpine Electronics, Inc.
- Continental AG
- Delphi Technologies
- Denso Corporation
- Garmin Ltd
- HARMAN International
- Mitsubishi Electric Corporation
- Pioneer Corporation
- Robert Bosch GmbH
- TomTom International BV
Historical Years: 2016 - 2019
Market Size: 2016 – 2027
Base Year: 2020
Forecast Period: 2020 – 2027
Note: Our analysts are studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries.
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