Car Navigation and ITS Market (Updated Version Available)

Car Navigation and ITS Market Size By Regional(Europe, North America, South America, Asia Pacific, Middle East And Africa), COVID-19 Impact Analysis, Price Trends, Competitive Shares, Market Statistics and Forecasts 2021 - 2026

Report ID : RI_562341 | Date : October 2021 | Format : ms word ms Excel PPT PDF

This Report Includes The Most Up-To-Date Market Figures, Statistics & Data
Automotive navigation system market can be classified as OEM dominated market and aftermarket players by end-user type. OEM products refer to the factory fitted equipment that comes along with the new vehicle, while the aftermarket refers to the equipment installed by the customer either from a company service center or a third party store post the delivery of the vehicle. There are many advantages while getting a factory installed navigation system like warranty, durability, updates, looks, etc. Among these factors, the appearance and visibility are the key factors influencing the factory installed navigation systems popularity. These factors can be effectively achieved by OEM\'s or built-in navigation systems. Aftermarket segment witnessed a considerable spike in the developing markets of the Asia-Pacific and South American countries over the past 3 years.
Rise in number of vehicle sales worldwide drives the market. Moreover, integration of connected devices such as smartphones with in-vehicle systems (IVS) along with increase in demand for advanced car navigation systems from end users is anticipated to accelerate the market growth. However, huge presence of substitutes and lack of connectivity infrastructure in emerging countries are anticipated to hinder the market growth. The high penetration of wireless communication technology and availability of advanced telecom infrastructure brings different growth opportunities in the market
Global Car Navigation and ITS market size will reach xx million US$ by 2026, from xx million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021-2026 as the forecast period to estimate the market size for Car Navigation and ITS.

This report covers the present status and the future prospects of the global Car Navigation and ITS market for 2015-2026.
The report offers detailed coverage of Car Navigation and ITS industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Car Navigation and ITS by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Pioneer Corporation, Mitsubishi Electric, Alpine Electronics, TomTom, Robert Bosch, Denso Corporation, Continental AG, JVCKENWOOD Corporation, Panasonic Corporation, Sony Corporation

Market Segment as follows:
Market by Order Type

Passenger
Commercial
Car Navigation and ITS Breakdown Data by Application
OEM
Aftermarket

Car Navigation and ITS market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Car Navigation and ITS market for the forecast period 2021 - 2026?
• What are the driving forces in the Car Navigation and ITS market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Car Navigation and ITS industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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