Report Description Report Description and Highlights

Global In-Dash Navigation System Market Trends:

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.