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Global Car Navigation and ITS Market - Industry Analysis, Size, Share, Growth, Trends and Forecast - 2026

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akash kanade

Summary - A new market study, titled “Global Car Navigation and ITS Market - Industry Analysis, Size, Share, Growth, Trends and Forecast - 2026” has been featured on WiseGuyReports.

Automotive navigation system market can be classified as OEM dominated market and aftermarket players by end-user type. OEM products refer to the factory fitted equipment that comes along with the new vehicle, while the aftermarket refers to the equipment installed by the customer either from a company service center or a third party store post the delivery of the vehicle. There are many advantages while getting a factory installed navigation system like warranty, durability, updates, looks, etc. Among these factors, the appearance and visibility are the key factors influencing the factory installed navigation systems popularity. These factors can be effectively achieved by OEM’s or built-in navigation systems. Aftermarket segment witnessed a considerable spike in the developing markets of the Asia-Pacific and South American countries over the past 3 years.

Rise in number of vehicle sales worldwide drives the market. Moreover, integration of connected devices such as smartphones with in-vehicle systems (IVS) along with increase in demand for advanced car navigation systems from end users is anticipated to accelerate the market growth. However, huge presence of substitutes and lack of connectivity infrastructure in emerging countries are anticipated to hinder the market growth. The high penetration of wireless communication technology and availability of advanced telecom infrastructure brings different growth opportunities in the market

 

The global Car Navigation and ITS market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Car Navigation and ITS volume and value at global level, regional level and company level. From a global perspective, this report represents overall Car Navigation and ITS market size by analyzing historical data and future prospect.

Regionally, this report categorizes the production, apparent consumption, export and import of Car Navigation and ITS in North America, Europe, China, Japan, Southeast Asia and India.

For each manufacturer covered, this report analyzes their Car Navigation and ITS manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

 

ALSO READ: https://www.einpresswire.com/article/501465982/massive-demand-of-global-car-navigation-and-its-market-2019-2025-application-business-revenue-and-technology-trend

 

The following manufacturers are covered:

Pioneer Corporation

Mitsubishi Electric

Alpine Electronics

TomTom

Robert Bosch

Denso Corporation

Continental AG

JVCKENWOOD Corporation

Panasonic Corporation

Sony Corporation

 

Segment by Regions

North America

Europe

China

Japan

Southeast Asia

India

 

Segment by Type

Passenger

Commercial

 

Segment by Application

OEM

Aftermarket

 

FOR MORE DETAILS: https://www.wiseguyreports.com/reports/4498277-global-car-navigation-and-its-market-professional-survey-report-2019

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.           

 

Contact Us:

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