Global Car Navigation Systems Market Growth 2019-2024 – ResearchbyMarkets.com

Research By Markets adds Market Research Report - Global Car Navigation Systems Market Growth 2019-2024 – ResearchbyMarkets.com

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Car Navigation Systems is a satellite navigation system design. It uses the Global Positioning System (GPS) to attain the user’s position data and locates them on the road in the system’s map database. GPS is a radio positioning system combining computer mapping techniques depending on the information time as well as the velocity for providing three-dimensional positions to appropriately equip the users anywhere on or near the surface of the earth.
The first OEM GPS navigation systems were relatively primitive by modern standards, but the technology progressed quite rapidly. When a more accurate GPS signal was made available to civilians in the early 2000s, OEM navigation systems became ubiquitous almost overnight.
Today, OEM navigation systems form the hearts of many highly-integrated infotainment systems. These powerful infotainment systems often take charge of the climate controls, provide access to vital information about the condition of the engine and other systems, and typically offer some type of navigation option. While some, such as Kia’s UVO, don’t offer navigation, that option is typically offered in a separate package. And if your vehicle didn’t come with GPS from the factory, it’s often possible to retrofit it with an OEM unit. Some vehicles even have all of the wiring in place, which makes it a remarkably painless upgrade to perform.

Asia Pacific region have becoming a more and more important market of automotive industry, with more than half of the global automotive production. With the development of electronic technology, car navigation system is also more and more popular.

According to this study, over the next five years the Car Navigation Systems market will register a 8.4% CAGR in terms of revenue, the global market size will reach US$ 31820 million by 2024, from US$ 21280 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Car Navigation Systems business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Car Navigation Systems market by product type, application, key manufacturers and key regions and countries.

This study considers the Car Navigation Systems value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Passenger Car
Commercial Car
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
OEM
Aftermarket

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Robert Bosch
Denso Corporation
Pioneer Corporation
Alpine Electronics, Inc
Continental AG
Sony Corporation
JVC Kenwood Corporation
Aisin Seiki Co., Ltd
Garmin
Panasonic Corporation
Clarion Co., Ltd
HSAE
Coagent
TomTom
Mitsubishi Electric Corporation

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Car Navigation Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Car Navigation Systems market by identifying its various subsegments.
Focuses on the key global Car Navigation Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Car Navigation Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Car Navigation Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.


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