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Automotive Navigation Systems Market Analysis, Opportunities, Trends by 2030

The global automotive navigation systems market size is expected to reach USD 56.91 Billion in 2030 and register a revenue CAGR of 7.3% over the forecast period, according to latest analysis by Emergen Research.

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Automotive Navigation Systems Market Analysis, Opportunities, Trends by 2030

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  1. Automotive Navigation Systems Market Size Worth USD 56.91 Billion in 2030 www.emergenresearch.com Rapidly emerging economies, changing standards of living, and increased spending capacity of individuals, as well as rapid development of connected car and autonomous vehicle infrastructure and rising demand for fleet management, are some factors driving market revenue growth . 2

  2. Our Model Market Analysis Financial Analysis Distribution Channel Analysis Brand Analysis Custom Market Intelligence Competitor Analysis Product Analysis Custom Research www.emergenresearch.com Demand Analysis Risk Analysis

  3. Business Plan Parameters End Use Analysis Demand Availability Analytics Market Entry Strategy Restructuring & Revival New Product Strategy Product Planning / Strategy SWOT Analysis Marketing / Distribution Channel Feasibility www.emergenresearch.com Customer Identification Survey Competitive Landscape / M&A Feasibility www.emergenresearch.com

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  5. Market Summary The global automotive navigation systems market size is expected to reach USD 56.91 Billion in 2030 and register a revenue CAGR of 7.3% over the forecast period, according to latest analysis by Emergen Research. Growth of automotive industry, increased traffic congestion, rising adoption of automotive Global Positioning System (GPS) navigation systems, rising population, rising demand for real-time traffic data, and rising investment in the development of automotive infrastructure in emerging countries are key factors expected to support market revenue growth between 2022 and 2030. There has been an increase in demand for navigational accuracy over the last few years. Moreover, GPS technology has progressed significantly in the last few years, making rides much easier and safer. There has been a growth in demand for safety and navigation features such as Advanced Driver Assistance Systems (ADAS), Lane Departure Warning Systems (LDWS), and GPS navigation systems for enhanced road safety and convenience. Several market players are introducing new features and innovative software in order to provide better and more precise navigation services. In January 2021, for instance, Alps Alpine & Qualcomm introduced ‘ViewPose’, a precise positioning system created to overcome limitations of traditional GPS, particularly in metropolitan areas with inconsistent signals. Read More : https://www.emergenresearch.com/industry-report/automotive-navigation-systems-market www.emergenresearch.com

  6. Market Summary Some Key Findings From the Report: In-dash navigation systems segment accounted for largest revenue share in 2021. In-dash navigation systems refer to a vehicle\'s integrated navigation system that displays maps and provides turn-by-turn directions for location routes. It can provide real-time traffic information, 3D High Definition (HD) maps, weather forecasts, voice help, music, and Over-the-Air (OTA) map updates, among others. Display unit, control module, antenna module, and wiring harness are primary components of an in-dash navigation system. In-dash navigation systems can also accurately track vehicle\'s speed by wiring unit to vehicle\'s internal speed signal. Aftermarket segment is expected to register a steady revenue growth rate during the forecast period. Older cars that do not come with a factory-fitted navigation system can be fitted with an aftermarket navigation system on their dashboard or a portable navigation system can be used. With increasing e-commerce sector, e-commerce enterprises are under pressure to deliver products to their clients on time. For Business to Customer (B2C) distribution, several e-commerce enterprises are creating agreements with current logistic suppliers. Logistics companies have been extending their services to meet this demand by adding more vehicles to their fleets. To reach their customers on time, these trucks were generally outfitted with satellite navigation systems. Request Free Sample : https://www.emergenresearch.com/request-sample/980 www.emergenresearch.com

  7. Market Summary Emergen Research has segmented the global automotive navigation systems market on basis of device type, vehicle type, sales channel, and region: Device Type Outlook (Revenue, USD Billion; 2019–2030) In-Dash Navigation Systems Portable Navigation Devices (PNDs) Mobile Navigation Systems Vehicle Type Outlook (Revenue, USD Billion; 2019–2030) Passenger Cars Commercial Vehicles Sales Channel Outlook (Revenue, USD Billion; 2019–2030) OEM Aftermarket Request customization of the report @ https://www.emergenresearch.com/request-for-customization/980

  8. MARKETSEGMENTATION www.emergenresearch.com

  9. Regional Share Dynamics www.emergenresearch.com

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  11. At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade. Our expertise umbrellas the technological environment of all major industries, and our services help you map your actions to ensure optimal yield. Our analysts utilize their market proficiency to offer actionable insights that help our clients implement profitable strategies and optimize their return on investment. Our services are wide-ranging, right from technological environment analysis to technological profiling that highlights the existing opportunities in the market you can capitalize on to stay ahead of your competitors. About Us www.emergenresearch.com

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