Surge in demand for vehicles with advanced safety and navigation features, technological advancements, advent of new vehicle norms & regulations, and rise in application of navigation services drive the growth of the global in-dash navigation system market.
As per the report published by Allied Market Research, the global in-dash navigation system market generated $12.15 billion in 2020, and is estimated to reach $35.40 billion in 2030, witnessing a CAGR of 11.6% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
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Covid-19 scenario:
- Manufacturing activities of in-dash navigation system market were hampered due to lockdown measures, lack of availability of workforce, and supply-chain disruptions.
- Moreover, the global microchip shortage led to major production delays and limited vehicle inventory. The forced automakers to prioritize components required for producing high-demand vehicles while adjusting the availability of some features such as navigation systems.
- However, the demand is expected to recover steadily as manufacturing activities in the automotive industry get back on track post-lockdown.
The report offers detailed segmentation of the global in-dash navigation system market on the basis of technology, component, vehicle type, screen size, sales channel, and region.
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Based on technology, the 2D maps segment accounted for the highest share in 2020, holding nearly three-fifths of the total share, and is estimated to continue its leadership status during the forecast period. However, the 3D maps segment is projected to register the highest CAGR of 13.4% from 2021 to 2030.
Based on sales channel, the original equipment manufacturer segment held the largest share in 2020, accounting for around three-fourths of the total share of the global in-dash navigation system market, and is estimated to continue its lead position during the forecast period. However, the aftermarket segment is expected to witness the fastest CAGR of 13.0% from 2021 to 2030.
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Based on region, Asia-Pacific accounted for the highest share in 2020, contributing to nearly two-fifths of the total in-dash navigation system market share, and is estimated to continue its dominant share by 2030. However, Europe is expected to portray the largest CAGR of 12.6% during the forecast period.
Leading in-dash navigation system market players:
- Alpine Electronics, Inc.
- Continental AG
- Denso Corporation
- DXC Technology Company
- Garmin Ltd.
- Panasonic Corporation
- Pioneer Corporation
- Robert Bosch Gmbh
- Samsung Electronics Co., Ltd.
- TomTom International BV.
Key Benefits For Stakeholders :
- This study presents the analytical depiction of the global in-dash navigation system market analysis along with current trends and future estimations to depict imminent investment pockets.
- The overall in-dash navigation system market opportunity is determined by understanding profitable trends to gain a stronger foothold.
- The report presents information related to the key drivers, restraints, and opportunities of the global in-dash navigation system market with a detailed impact analysis.
- The current in-dash navigation system market is quantitatively analyzed from 2021 to 2030 to benchmark financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
𝐀𝐛𝐨𝐮𝐭 𝐮𝐬 :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬 :
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