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Global In-Dash Navigation System Market Research Report 2022-2027:
According to the latest report by IMARC Group, titled " In-DashNavigationSystemMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandF orecast2022-2027
," the global in-dash navigation system market reached a value of US$ 13.55 Billion in 2021.
In-dash navigation system refers to a computing system in vehicles that uses a global positioning system (GPS) to provide accurate location, direction, and route information. It consists of several components, such as a display unit, control module, antenna module, and wiring harness. In-dash navigation is widely used for map display, turn-by-turn guidance, real-time traffic information, and weather updates. It also assists in enhancing the driving experience by providing voice assistance, access to music, audio and video functions, hands-free calling features, satellite radio, and cloud connectivity for online and offline location searches.
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The significant growth in the automotive industry across the globe is creating a positive outlook for the market. The in-dash navigation system is widely integrated as a standard feature on new vehicles to provide information associated with traffic congestion and optimum route to reach the intended destination. In line with this, these systems use GPS to improve safety, reduce fuel consumption, and improve route planning, which is acting as another growth-inducing factor. Furthermore, increasing demand for advanced safety features in vehicles, such as advanced driver assistance systems (ADAS) and lane departure warning systems (LDWS), to provide on-screen instructions and voice prompts, are propelling the market growth. Additionally, the introduction of an in-dash hybrid navigation system that eliminates the need for on-board storage and utilizes cloud computing to provide seamless navigation, fast and up-to-date routing, continuous map update, and over-the-air (OTA) software to create a responsive user experience is providing an impetus to market growth.
Moreover, the implementation of stringent policies and regulations by several governments regarding vehicle safety, carbon emission, and the inclusion of GPS navigation in vehicles are positively influencing the market growth. Other factors, including increasing expenditure capacities of consumers, rising safety concerns, and growing sales of passenger vehicles, are anticipated to drive the market toward growth.
Looking forward, IMARC Group expects the market to reach US$ 26.54 Billion by 2027, exhibiting at a CAGRof11.60%during2022-2027.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/in-dash-navigation-system-market
Key Market Segmentation
The research report includes the following segments:
Breakup by Component:
• Display Unit
• Control Module
• Antenna Module
• Wiring Harness
Breakup by Technology:
• 2D Maps
• 3D Maps
Breakup by Screen Size:
• Less Than 6 Inches
• 6 Inches to 11 Inches
• Greater Than 11 Inches
Breakup by Vehicle Type:
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
Breakup by Sales Channel:
• Original Equipment Manufacturer
• Aftermarket
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• Alpine Electronics Inc. (Alps Electric Co. Ltd.)
• Clarion (Faurecia)
• Continental Aktiengesellschaft
• DENSO Corporation
• Garmin Ltd
• Harman International Industries Incorporated (Samsung Electronics Co. Ltd)
• JVCKENWOOD Corporation
• Luxoft Holding Inc. (DXC Technology Company)
• Mitsubishi Electric Corporation
• Pioneer Corporation
• Robert Bosch GmbH
• TomTom International BV
1. Whatwasthesizeoftheglobalin-dashnavigationsystemmarketin2021?
2. Whatistheexpectedgrowthrateoftheglobalin-dashnavigationsystemmarketduring20222027?
3. Whatarethekeyfactorsdrivingtheglobalin-dashnavigationsystemmarket?
4. WhathasbeentheimpactofCOVID-19ontheglobalin-dashnavigationsystemmarket?
5. Whatisthebreakupoftheglobalin-dashnavigationsystemmarketbasedonthecomponent?
6. Whatisthebreakupoftheglobalin-dashnavigationsystemmarketbasedonthetechnology?
7. Whatisthebreakupoftheglobalin-dashnavigationsystemmarketbasedonthescreensize?
8. Whatisthebreakupoftheglobalin-dashnavigationsystemmarketbasedonthevehicletype?
9. Whatisthebreakupoftheglobalin-dashnavigationsystemmarketbasedonthesaleschannel?
10. Whatarethekeyregionsintheglobalin-dashnavigationsystemmarket?
11. Who arethekeyplayers/companiesintheglobalin-dashnavigationsystemmarket?
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