According to the report by IMARC Group, “Global In-Dash Navigation System Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global in-dash navigation system market reached a value of US$ 13.55 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 26.54 Billion by 2027, exhibiting a CAGR of 11.60% during 2022-2027.
An in-dash navigation system utilizes a global positioning system (GPS) navigation unit built into the dashboard of a vehicle. It offers accurate directions, location, and route information. It also provides real-time traffic information, weather forecast, and information regarding the nearest gas station, restaurant, hotel, or other points of interest (POI). These systems rely on combined head units, including amplitude modulation (AM), frequency modulation (FM), compact disk (CD) players, satellite radio, digital video disc (DVD) player inputs, and hands-free cellphones. As a result, in-dash navigation system is widely adopted in light commercial vehicles (LCVs), passenger cars, and heavy commercial vehicles (HCVs) across the globe.
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COVID-19 Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
In-Dash Navigation System Market Trends and Drivers:
The market is primarily driven by the expanding automotive industry and the rising incorporation of in-dash navigation systems in vehicles as they use GPS to reduce fuel consumption and improve safety and route planning. Moreover, governing authorities of various countries are inflicting stringent policies for enhancing vehicle safety, mandating GPS navigation in vehicles, and reducing carbon emissions from automobiles, which is providing a positive thrust to market growth.
Besides this, the rising incidence of road accidents, injuries, and fatalities worldwide are prompting manufacturers to incorporate advanced driver assistance systems (ADAS) and lane departure warning systems (LDWS) to provide better services, such as on-screen instructions and voice prompts. This, coupled with various technological advancements, and the increasing adoption of connected car devices, is propelling the market growth. Furthermore, the introduction of an in-dash hybrid navigation system that provides seamless navigation, continuous map update, fast and up-to-date routing, and over-the-air (OTA) software to generate a responsive user experience is also creating a positive market outlook.
Global In-Dash Navigation System Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
- 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.
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The report has segmented the market on the basis of region, component, technology, screen size, vehicle type and sales channel.
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
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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