Navigation System helps in determining the position of a car, ship, plane & other vehicle and guide it to a specific destination to reach. Automotive Navigation systems provides live traffic monitoring, and enhance safety and management of road traffic by offering fastest and convenient route. Voice system in Automotive Navigation systems alerts about direction, street name, traffic congestion, etc. Magnetometers, gyroscopes and GPS device are used in car navigation system for providing data for robotic systems & vehicles in real-world situations. Navigation system provides driver all necessary features in single display. Online maps and traffic data are available on smartphones. Portable GPS system is a unit which is designed for dashboard/windshield mounting of vehicle. Portable GPS system helps in offering various navigation features of in-dash units. Portable GPS system runs for several hours on battery before being plugged in cars power outlet. Modern car navigation system is a complex system which is integrated with other vehicle systems by acquiring more features of smartphones which are connected to a cloud. In various modern vehicles displays are integrated for providing driver all necessary features in single display by making navigating a less distracting. In-Dash Navigation System is an integrated navigation system in vehicle which helps in offering map display and provides guidance for location routes. In-Dash Navigation System has ability to provide real time traffic information, access to music, 3D HD maps, OTA map updates, and voices assistance. However, wide benefits of automotive navigation systems has fueled the target market growth.

Modern car navigation system is a complex system which is integrated with other vehicle systems by acquiring more features of smartphones which are connected to a cloud. In various modern vehicles displays are integrated for providing driver all necessary features in single display by making navigating a less distracting. In-Dash Navigation System is an integrated navigation system in vehicle which helps in offering map display and provides guidance for location routes. In-Dash Navigation System has ability to provide real time traffic information, access to music, 3D HD maps, OTA map updates, and voices assistance. However, wide benefits of automotive navigation systems has fueled the target market growth.

The report “Automotive Navigation Systems Market, By Vehicle Type (Light Commercial Vehicle, Passenger Car, Heavy Commercial Vehicle, and Others), By Device Type (Portable Navigation System, In-Dash Navigation System, Mobile Navigation System), By End-Users (Original Equipment Manufacturer (OEM), Aftermarket), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Highlights:

• In January 2021, Continental, HERE & Leia Inc., are partnering to create Natural 3D Automotive Navigation system. This partnership will provide innovative marks towards safer & more intuitive in-vehicle user experience. The joint solution provides Lightfield technology which enables natural 3D effect that is visible without eye tracking sensors for drivers, 3D navigation which is shown on automotive Lightfield display creates an intuitive user experience & thus, contributes to safety driving.

• In October 2021, STMicroelectronics automotive qualified navigation module with dead reckoning simplifies design & boost performance. The company has introduced Teseo-VIC3DA module which enables competitively priced in-car navigation, insurance monitoring applications and fleet management.
• In December 2017, Telenav Inc., has launched new embedded navigation for new Opel & Vauxhall European vehicles. New Opel & Vauxhall infotainment system, Navi 4.0 IntelliLink includes Telenv’s integrated navigation system which provide relevant, highly dynamic, personalized & useful experience for users. Newly embedded navigation system will help the drivers to search for destination by using Telenav’s auto-suggestion, one box search feature.
• In September 2016, Mitsubishi Electric Corporation has announced to launch a new model of its Mitsubishi Mobile Mapping System, ‘MMS-G220’ – which is highly accurate measuring system by using car mounted GPS antennas, cameras and laser scanners. The system helps in gathering 3D positioning data of road surfaces & roadside features with 3D maps to support autonomous driving.

Analyst View:

Automotive Navigation systems provides various benefits such as they are safe and convenient. Automotive Navigation systems help in saving money and time. Automotive Navigation systems offers map display and provides guidance for location routes. It also helps in determining the position of a car, ship, plane & other vehicle and guide it to a specific destination to reach. Installed GPS navigation system promotes safety and looks high tech and modern. It provides live traffic monitoring, and enhance safety and management of road traffic by offering fastest and convenient route. Voice system in Automotive Navigation systems alerts about direction, street name, traffic congestion, etc. However, wide benefits and rising demand for cars and other vehicles and rapid growth in urban population is expected to boost the demand for automotive navigation systems market growth. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Automotive Navigation Systems Market, By Vehicle Type (Light Commercial Vehicle, Passenger Car, Heavy Commercial Vehicle, and Others), By Device Type (Portable Navigation System, In-Dash Navigation System, Mobile Navigation System), By End-Users (Original Equipment Manufacturer (OEM), Aftermarket), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Automotive Navigation Systems Market accounted for US$ 43.2 Billion in 2024 and is estimated to be US$ 125.7 Billion by 2034 and is anticipated to register a CAGR of 12.50%. The Automotive Navigation Systems Market is segmented based on Vehicle Type, Device Type, End-Users, and Region.

• Based on Vehicle Type, Automotive Navigation Systems Market is segmented into Light Commercial Vehicle, Passenger Car, Heavy Commercial Vehicle, and others.
• Based on Device Type, Automotive Navigation Systems Market is segmented into Portable Navigation System, In-Dash Navigation System, Mobile Navigation System.
• Based on End-Users, Automotive Navigation Systems Market is segmented into Original Equipment Manufacturer (OEM), Aftermarket.
• By Region, the Automotive Navigation Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Automotive Navigation Systems Market:

The prominent players operating in the Automotive Navigation Systems Market includes, TomTom International BV, Mitsubishi Electric Corporation, Telenav Inc., GM (General Motors Company), Robert Bosch GmbH, Pioneer Corporation, Continental AG, Harman International Industries Inc., Garmin Ltd., STMicroelectronics, and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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