Global Car GPS Market Growth 2023-2029

Global Car GPS Market Growth 2023-2029

Car GPS is a space-based navigation system that installed on the vehicle to provide location and time information. At present, most car GPS products have positioning and navigation functions. GPS enables automatic vehicle location and in-vehicle navigation systems that are widely used throughout the world today. By combining GPS position technology with systems that can display geographic information or with systems that can automatically transmit data to display screens or computers, a new dimension in surface transportation is realized.

LPI (LP Information)' newest research report, the “Car GPS Industry Forecast” looks at past sales and reviews total world Car GPS sales in 2022, providing a comprehensive analysis by region and market sector of projected Car GPS sales for 2023 through 2029. With Car GPS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Car GPS industry.

This Insight Report provides a comprehensive analysis of the global Car GPS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Car GPS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Car GPS market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Car GPS and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Car GPS.

The global Car GPS market size is projected to grow from US$ 22380 million in 2022 to US$ 36810 million in 2029; it is expected to grow at a CAGR of 36810 from 2023 to 2029.

China is the largest Car GPS market with about 27% market share. Europe is follower, accounting for about 25% market share.

The key players are Bosch, Denso, Pioneer, Alpine, Aisin, TomTom, Kenwood, Sony, Clarion, Garmin, Panasonic, Hangsheng, Coagent, Kaiyue Group, Skypine, Roadrover, FlyAudio, Freeway, Evervictory, ADAYO, Soling, Desay etc. Top 5 companies occupied about 69% market share.

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

Market Segmentation:

Segmentation by type

Positioning System

Navigation System

Segmentation by application

Passenger Car

Commercial Vehicle

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Bosch

Denso

Pioneer

Alpine

Aisin

TomTom

Kenwood

Sony

Clarion

Garmin

Panasonic

Hangsheng

Coagent

Kaiyue Group

Skypine

Roadrover

FlyAudio

Freeway

Evervictory

ADAYO

Soling

Desay

Key Questions Addressed in this Report

What is the 10-year outlook for the global Car GPS market?

What factors are driving Car GPS market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Car GPS market opportunities vary by end market size?

How does Car GPS break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.