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automotive navigation systems market insights shared in detailed report

Automotive and Transportation Market Research

The analysts forecast global automotive navigation systems market to grow at a CAGR of 5.20% during the period 2018-2022. One trend in the market is increased support for open source and standard platforms for application development in automotive infotainment.

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Traditionally, competition among automotive manufacturers was limited to towing capacity, acceleration, and horsepower of the vehicle.

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But, recently, there has been a shift in the focus of consumers and OEMs from what is under the hood to what is behind the vehicle's dashboard.

Major key players in the global automotive navigation systems market: Garmin, HERE, NNG Software Developing and Commercial, Pioneer Corporation, and TomTom International.

According to the report, one driver in the market is increased customer awareness about the benefits of automotive navigation systems in the overall ownership cost reduction. For any end-user, the main concern with vehicle management is the overall running cost of the vehicle.

The navigation system vendors promise reduced running costs as a benefit of using their personal navigation systems in vehicles.

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Further, the report states that one challenge in the market is product life cycle mismatch of infotainment-based navigation systems with passenger's smartphones. Technological advances in vehicles often take years to get commercialized.

Therefore, automobile manufacturers and automotive infotainment manufacturers are not able to match up with the pace of smartphone updates.

Few Points from List of Exhibits Provided in Global Automotive Navigation Systems Market 2018-2022:

Exhibit 1: Types of personal navigation systems

Exhibit 2: Navigation system industry: Classifications and key players

Exhibit 3: Related market

Exhibit 4: Value chain representation of global automotive navigation market 2017

Exhibit 5: Market characteristics

Exhibit 6: Market segments

Exhibit 7: Market definition - Inclusions and exclusions checklist

Exhibit 8: Market size 2017

Exhibit 9: Validation techniques employed for market sizing 2017

Exhibit 10: Global automotive navigation systems market 2017-2022 (million units)

Exhibit 11: Global automotive navigation systems market – Year-over-year growth 2018-2022 (%)

Exhibit 12: Five forces analysis 2017

Exhibit 13: Five forces analysis 2022

Exhibit 14: Bargaining power of buyers

Exhibit 15: Bargaining power of suppliers

Exhibit 16: Threat of new entrants

Exhibit 17: Threat of substitutes

Exhibit 18: Threat of rivalry

Exhibit 19: Market condition - Five forces

Exhibit 20: Technology – Market share 2017-2022 (%)

 

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