Global Car Navigation Market Growth 2023-2029

Global Car Navigation Market Growth 2023-2029

A car navigation system is part of the automobile controls or a third party add-on used to find direction in an automobile. It typically uses a satellite navigation device to get its position data which is then correlated to a position on a road. When directions are needed routing can be calculated. On the fly traffic information can be used to adjust the route.

Dead reckoning using distance data from sensors attached to the drivetrain, a gyroscope and an accelerometer can be used for greater reliability, as GPS signal loss and/or multipath can occur due to urban canyons or tunnels.

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

This Insight Report provides a comprehensive analysis of the global Car Navigation 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 Navigation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Car Navigation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Car Navigation 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 Navigation.

The global Car Navigation market size is projected to grow from US$ 17980 million in 2022 to US$ 29370 million in 2029; it is expected to grow at a CAGR of 29370 from 2023 to 2029.

Global Car Navigation key players include Bosch, Denso, Pioneer, Alpine, etc. Global top four manufacturers hold a share about 35%.

China is the largest market, with a share over 30%, followed by Europe, and USA, both have a share about 35 percent.

In terms of product, Android Platform is the largest segment, with a share over 50%. And in terms of application, the largest application is Aftermarket, followed by OEM.

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

Market Segmentation:

Segmentation by type

WinCE Platform

Android Platform

Segmentation by application

OEM

Aftermarket

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

Continental

Kenwood

Sony

Clarion

Garmin

Panasonic

Hangsheng

Coagent

ADAYO

Desay SV

Skypine

Kaiyue Group

Roadrover

FlyAudio

Soling

Key Questions Addressed in this Report

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

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

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

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

How does Car Navigation 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.