Europe Car GPS Navigation System Market Size, Share & Industry Trends Analysis Report By Component (Software & Services and Hardware), By Vehicle Type, By Screen Size, By Sales Channel, By Propulsion, By Country and Growth Forecast, 2022 - 2028
Description
Europe Car GPS Navigation System Market Size, Share & Industry Trends Analysis Report By Component (Software & Services and Hardware), By Vehicle Type, By Screen Size, By Sales Channel, By Propulsion, By Country and Growth Forecast, 2022 - 2028
The Europe Car GPS Navigation System Market would witness market growth of 9.9% CAGR during the forecast period (2022-2028).
The projected delays caused by traffic on roads, transit systems, and streets cost the world's economies billions of dollars per year in lost productivity. Industries like logistics and e-commerce are severely impacted by such ineffective navigation tracking. As a result, GPS-based systems have become increasingly dependent on navigation systems with developing technology for locating multiple addressees in traffic on both motorways and roadways and suggesting different routes based on the real-time traffic.
The employment of car GPS navigation systems is increasing as more people are looking for better safety features in their vehicles. Many manufacturers are incorporating varied features with their car navigation systems like the inclusion of 'top-ten' lists for a particular region. The feature to provide insightful reports of the vehicle for the owner to understand and the possibility of keeping track of vehicle maintenance is also contributing to the GPS expansion. During the forecast period, factors including rising fleet management need for increased usage of electric and hybrid cars, and technical advances are anticipated to accelerate market expansion as well.
The GPS navigators are primarily used by taxis to increase their safety, but they also offer a dispatching system that works effectively for the majority of taxi fleets. The extent to which Europeans support taxi facilities has been governing the car GPS navigation system market growth. The exceptional services have also made huge OEMs come up with technologically advanced navigation systems. Their incorporation is propelling the market growth.
The Germany market dominated the Europe Car GPS Navigation System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,695.2 million by 2028. The UK market is obtained to grow at a CAGR of 8.9% during (2022 - 2028). Additionally, The France market would experience a CAGR of 10.7% during (2022 - 2028).
Based on Component, the market is segmented into Software & Services and Hardware. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles. Based on Screen Size, the market is segmented into 6 inches to 11 inches, Less than 6 inches, and Greater than 11 inches. Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on Propulsion, the market is segmented into Internal Combustion Engine Vehicles and Electric Vehicles. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, TomTom N.V., Sony Corporation, Continental AG, Panasonic Corporation, Mitsubishi Electric Corporation, Alps Alpine Co., Ltd., Garmin Ltd., JVCKENWOOD Corporation and Pioneer Corporation
Scope of the Study
Market Segments covered in the Report:
By Component
The Europe Car GPS Navigation System Market would witness market growth of 9.9% CAGR during the forecast period (2022-2028).
The projected delays caused by traffic on roads, transit systems, and streets cost the world's economies billions of dollars per year in lost productivity. Industries like logistics and e-commerce are severely impacted by such ineffective navigation tracking. As a result, GPS-based systems have become increasingly dependent on navigation systems with developing technology for locating multiple addressees in traffic on both motorways and roadways and suggesting different routes based on the real-time traffic.
The employment of car GPS navigation systems is increasing as more people are looking for better safety features in their vehicles. Many manufacturers are incorporating varied features with their car navigation systems like the inclusion of 'top-ten' lists for a particular region. The feature to provide insightful reports of the vehicle for the owner to understand and the possibility of keeping track of vehicle maintenance is also contributing to the GPS expansion. During the forecast period, factors including rising fleet management need for increased usage of electric and hybrid cars, and technical advances are anticipated to accelerate market expansion as well.
The GPS navigators are primarily used by taxis to increase their safety, but they also offer a dispatching system that works effectively for the majority of taxi fleets. The extent to which Europeans support taxi facilities has been governing the car GPS navigation system market growth. The exceptional services have also made huge OEMs come up with technologically advanced navigation systems. Their incorporation is propelling the market growth.
The Germany market dominated the Europe Car GPS Navigation System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,695.2 million by 2028. The UK market is obtained to grow at a CAGR of 8.9% during (2022 - 2028). Additionally, The France market would experience a CAGR of 10.7% during (2022 - 2028).
Based on Component, the market is segmented into Software & Services and Hardware. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles. Based on Screen Size, the market is segmented into 6 inches to 11 inches, Less than 6 inches, and Greater than 11 inches. Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on Propulsion, the market is segmented into Internal Combustion Engine Vehicles and Electric Vehicles. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, TomTom N.V., Sony Corporation, Continental AG, Panasonic Corporation, Mitsubishi Electric Corporation, Alps Alpine Co., Ltd., Garmin Ltd., JVCKENWOOD Corporation and Pioneer Corporation
Scope of the Study
Market Segments covered in the Report:
By Component
- Software & Services
- Hardware
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- 6 inches to 11 inches
- Less than 6 inches
- Greater than 11 inches
- OEM
- Aftermarket
- Internal Combustion Engine Vehicles
- Electric Vehicles
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Robert Bosch GmbH
- TomTom N.V.
- Sony Corporation
- Continental AG
- Panasonic Corporation
- Mitsubishi Electric Corporation
- Alps Alpine Co., Ltd.
- Garmin Ltd.
- JVCKENWOOD Corporation
- Pioneer Corporation
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
130 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Car GPS Navigation System Market, by Component
- 1.4.2 Europe Car GPS Navigation System Market, by Vehicle Type
- 1.4.3 Europe Car GPS Navigation System Market, by Screen Size
- 1.4.4 Europe Car GPS Navigation System Market, by Sales Channel
- 1.4.5 Europe Car GPS Navigation System Market, by Propulsion
- 1.4.6 Europe Car GPS Navigation System Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansions
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2022, Jun) Leading Players
- Chapter 4. Europe Car GPS Navigation System Market by Component
- 4.1 Europe Software & Services Market by Country
- 4.2 Europe Hardware Market by Country
- Chapter 5. Europe Car GPS Navigation System Market by Vehicle Type
- 5.1 Europe Passenger Cars Market by Country
- 5.2 Europe Light Commercial Vehicles Market by Country
- 5.3 Europe Heavy Commercial Vehicles Market by Country
- Chapter 6. Europe Car GPS Navigation System Market by Screen Size
- 6.1 Europe 6 inches to 11 inches Market by Country
- 6.2 Europe Less than 6 inches Market by Country
- 6.3 Europe Greater than 11 inches Market by Country
- Chapter 7. Europe Car GPS Navigation System Market by Sales Channel
- 7.1 Europe OEM Market by Country
- 7.2 Europe Aftermarket Market by Country
- Chapter 8. Europe Car GPS Navigation System Market by Propulsion
- 8.1 Europe Internal Combustion Engine Vehicles Market by Country
- 8.2 Europe Electric Vehicles Market by Country
- Chapter 9. Europe Car GPS Navigation System Market by Country
- 9.1 Germany Car GPS Navigation System Market
- 9.1.1 Germany Car GPS Navigation System Market by Component
- 9.1.2 Germany Car GPS Navigation System Market by Vehicle Type
- 9.1.3 Germany Car GPS Navigation System Market by Screen Size
- 9.1.4 Germany Car GPS Navigation System Market by Sales Channel
- 9.1.5 Germany Car GPS Navigation System Market by Propulsion
- 9.2 UK Car GPS Navigation System Market
- 9.2.1 UK Car GPS Navigation System Market by Component
- 9.2.2 UK Car GPS Navigation System Market by Vehicle Type
- 9.2.3 UK Car GPS Navigation System Market by Screen Size
- 9.2.4 UK Car GPS Navigation System Market by Sales Channel
- 9.2.5 UK Car GPS Navigation System Market by Propulsion
- 9.3 France Car GPS Navigation System Market
- 9.3.1 France Car GPS Navigation System Market by Component
- 9.3.2 France Car GPS Navigation System Market by Vehicle Type
- 9.3.3 France Car GPS Navigation System Market by Screen Size
- 9.3.4 France Car GPS Navigation System Market by Sales Channel
- 9.3.5 France Car GPS Navigation System Market by Propulsion
- 9.4 Russia Car GPS Navigation System Market
- 9.4.1 Russia Car GPS Navigation System Market by Component
- 9.4.2 Russia Car GPS Navigation System Market by Vehicle Type
- 9.4.3 Russia Car GPS Navigation System Market by Screen Size
- 9.4.4 Russia Car GPS Navigation System Market by Sales Channel
- 9.4.5 Russia Car GPS Navigation System Market by Propulsion
- 9.5 Spain Car GPS Navigation System Market
- 9.5.1 Spain Car GPS Navigation System Market by Component
- 9.5.2 Spain Car GPS Navigation System Market by Vehicle Type
- 9.5.3 Spain Car GPS Navigation System Market by Screen Size
- 9.5.4 Spain Car GPS Navigation System Market by Sales Channel
- 9.5.5 Spain Car GPS Navigation System Market by Propulsion
- 9.6 Italy Car GPS Navigation System Market
- 9.6.1 Italy Car GPS Navigation System Market by Component
- 9.6.2 Italy Car GPS Navigation System Market by Vehicle Type
- 9.6.3 Italy Car GPS Navigation System Market by Screen Size
- 9.6.4 Italy Car GPS Navigation System Market by Sales Channel
- 9.6.5 Italy Car GPS Navigation System Market by Propulsion
- 9.7 Rest of Europe Car GPS Navigation System Market
- 9.7.1 Rest of Europe Car GPS Navigation System Market by Component
- 9.7.2 Rest of Europe Car GPS Navigation System Market by Vehicle Type
- 9.7.3 Rest of Europe Car GPS Navigation System Market by Screen Size
- 9.7.4 Rest of Europe Car GPS Navigation System Market by Sales Channel
- 9.7.5 Rest of Europe Car GPS Navigation System Market by Propulsion
- Chapter 10. Company Profiles
- 10.1 Robert Bosch GmbH
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.5.3 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 TomTom N.V.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.5.3 Geographical Expansions:
- 10.2.6 SWOT Analysis
- 10.3 Sony Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
- 10.4 Continental AG
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Acquisition and Mergers:
- 10.4.6 SWOT Analysis
- 10.5 Panasonic Corporation
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
- 10.6 Mitsubishi Electric Corporation
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Product Launches and Product Expansions:
- 10.6.5.2 Geographical Expansions:
- 10.7 Alps Alpine Co., Ltd.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Recent strategies and developments:
- 10.7.4.1 Product Launches and Product Expansions:
- 10.8 Garmin Ltd.
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Regional and Segmental Analysis
- 10.8.4 Research & Development Expenses
- 10.9 JVCKENWOOD Corporation
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional & Segmental Analysis
- 10.9.4 Research & Development Expenses
- 10.10. Pioneer Corporation
- 10.10.1 Company Overview
- 10.10.2 Recent strategies and developments:
- 10.10.2.1 Partnerships, Collaborations, and Agreements:
- 10.10.2.2 Product Launches and Product Expansions:
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