What is In-Dash Navigation System Market?
A navigation system which is built in the dashboard of a car offers audio and video functions along with the navigation. The navigation maps are loaded through hard disk and rip a CD to a MP3 library. The in dash navigation systems comes with various features such as large display and can be used without cell phone as it relies on the network of satellite. In addition to that, it provides bigger interactive maps which offers additional features that are not available in cell phone. Further, it is removable and can be installed in other vehicles. This features and benefits are increasing the demand which is propelling the market growth.
Highlights from In-Dash Navigation System Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Continental Ag (Germany), Garmin Ltd. (United States), Robert Bosch Gmbh (Germany), Denso Corporation (Japan), Tomtom Nv (Netherlands), Luxoft Holding Inc (Switzerland), Harman International (United States), Alpine Electronics, Inc. (Japan), Pioneer Corporation (Japan) and Mitsubishi Electric Corporation (Japan) |
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global In-Dash Navigation System market throughout the forecasted period.
Continental Ag (Germany), Garmin Ltd. (United States), Robert Bosch Gmbh (Germany), Denso Corporation (Japan), Tomtom Nv (Netherlands), Luxoft Holding Inc (Switzerland), Harman International (United States), Alpine Electronics, Inc. (Japan), Pioneer Corporation (Japan) and Mitsubishi Electric Corporation (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Clarion Co. Ltd. (Japan) and Aptiv (Ireland). In-Dash Navigation System Market Segmentation:
Scope | Sub-Segments |
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Technology | 2D Maps,3D Maps |
Connected Navigation Services Type | Real Time Traffic & Direction Information Services,Fleet Management Services,Others |
Vehicle Type | Passenger Cars,Light Commercial Vehicles (LCV),Heavy Commercial Vehicles (HCV) |
Component | Display Unit,Control Module,Antenna Module,Wiring Harness |
On the basis of geography, the market of In-Dash Navigation System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Interest of Consumers towards in Dash Navigation Systems
Market Growth Drivers:
Rising Demand of Luxury Vehicle is Fueling the Market Growth and Increasing Demand of Technical Features in Vehicle
Challenges:
Lack of Transportation Infrastructure in Emerging Economies and Rising Navigation Capabilities in Smartphones
Restraints:
High Costs Associated with Navigation System and Cyber and Data Security Concern
Opportunities:
Rising Disposable Income in Emerging Economies and Increase in Demand of Real Time Traffic Owing to Rising Number of Vehicles on Road
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
Market Leaders & Development Strategies
On February 2019, Garmin Ltd has acquired Tacx Onroerend en Roerend Goed B.V (“Tacx”). This company designs indoor bike trainers, tools and accessories. Garmin is looking to leverage the skills of Tacx to provide seamless experience to athletes.
In June 2019, DXC announced definitive agreements to acquire Luxoft. This acquisition builds on DXC's unique value proposition as an end-to-end mainstream IT and digital services market leader and strengthens the company's ability to design and deploy innovative digital solutions for its customers at scale. The addition of Luxoft will provide customers with new capabilities in digital engineering, additional depth in key verticals, and an expanded portfolio of digital products.