Automotive Navigation System Market 2018-2023 by Key Regions, Manufacturers, Production, Consumption, Revenue, Opportunities

Automotive Navigation System

Automotive Navigation System Market covers worldwide information and accurate data about Automotive Navigation System Industry, with a complete study of market-based on market drivers, market challenges, future trends. Automotive Navigation System market also provides analysis by type, application, regions, manufacturers, technology, new entrants, raw materials analysis, manufacturing process.

Global Automotive Navigation System market is projected to reach a CAGR of 7.7% between 2018 and 2023.

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Top Manufacturers in Automotive Navigation System Market: – Garmin, Elektrobit, Satguide, Tomtom, Here, Alpine, Bosch, Denso, Harmanand many more.

Automotive Navigation System Market Dynamics

  • Drivers
    – Increasing Customer Preference for In-Dash Navigation System
    – Increasing Applications of Navigation Services
  • Restraints
    – High Installment Costs
    – Lack of Supporting Infrastructure
    – Concerns Regarding Data and Cyber Security
  • Opportunities
    – Growing Adoption by Insurance Industry
    – Connected Car Devices

    Key Developments in the Automotive Navigation System Market:

  • January 2017: QNX Software Systems Limited announced its collaboration with AutoNavi Holdings Limited to integrate the latter’s mobile navigation technology into the QNZ CAR platform for infotainment.
  • April 2017: Intel has acquired Itseez, a computer vision and machine learning startup in order to develop better navigation for self-driving cars. Earlier, Intel also announced the purchase of Yogitech, an Italian semiconductor functional safety firm, to ensure the proper working of Intel’s chips used in the autonomous vehicles.
  • June 2017: Clarion in its new model NX504E, introduced intelligent voice technology, which makes navigation through voice command much easier. Clarion Intelligent VOICE uses the Google voice recognition technology and information for finding what the user is looking for.

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    Geographical Regions: – US, Canada, Mexico, Rest of North America, Brazil, Argentina, Rest of South America, China, Japan, India, Rest of Asia-Pacific, UK, Germany, France, Rest of Europe, UAE, South Africa, Saudi Arabia

    Reasons to Purchase Automotive Navigation System Market Report Covered:

    • The report examines how Automotive Navigation System market will develop in the future.
    • Studying various views of the Automotive Navigation System market with the help of Porter’s five forces analysis.
    • Analyzing the product type that is probably to control the market and regions that are likely to witness the fastest development during the forecast period
    • Identify the new developments, Automotive Navigation System market shares and strategies employed by the key market players.
    • Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
    • Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Automotive Navigation System market players

    Price of Report: $ 4250 (Single User Licence)

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    Automotive Navigation System Market drives a strong trend of R&D investments in this industry. Other growth drivers include the need to curtail costs, growth and increased use of shifting commodity prices, the strength of private label brands and increased competition from players in Automotive Navigation System market.