Market Overview:
The global automotive GPS parts market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, and rising adoption of GPS technology in these vehicles. Additionally, technological advancements are also propelling the growth of this market. On the basis of type, antennas accounted for a major share of the global automotive GPS parts market in 2017. This can be attributed to their growing use in passenger cars and commercial vehicles owing to their ability to receive signals from satellites accurately and transmit them back reliably.
Product Definition:
An automotive GPS part is a device that helps a driver navigate to a specific location. It usually consists of a receiver, antenna and software that calculates the driver's current location and provides directions to the desired destination. Automotive GPS parts are important because they help drivers get where they need to go without getting lost.
Antenna:
Antenna is the device that helps in receiving signals from satellites. It’s a kind of electromagnetic transducer which is used for wireless communication and broadcasting. The signal received by the antenna is amplified and sent to the receiver as an electric current. In case of poor connection, an external antenna can help in improving reception quality by increasing signal strength.
The global automotive GPS parts market size was valued at USD 2,852 million in 2016.
Tracking Devices:
Tracking devices are used in automotive GPS parts to record the movement of vehicles. It is an electronic device that is fixed on a vehicle and it helps in monitoring the speed, position, and other parameters of the vehicle. The data generated by these tracking devices can be utilized for various purposes such as fleet management, driver behavior analysis, etc.
Application Insights:
The passenger cars segment accounted for the largest revenue share of over 60% in 2017. The adoption of Global Positioning Systems (GPS) in passenger cars is expected to increase significantly, particularly in developed regions such as North America and Europe. This can be attributed to growing demand for advanced navigation and location-based services among consumers. Moreover, automotive manufacturers are focusing on offering a high level of convenience and comfort to passengers by installing these systems in their vehicles.
Passenger car drivers are increasingly using apps like Waze or Google Maps while driving to get information regarding traffic conditions along the route or destination path. With the help from GPS-enabled smartphones users can contribute useful information regarding traffic congestion along a particular road which helps other drivers avoid it with better travel time estimation leading to increased sales of global positioning system parts for use in personal vehicles across all regions including Asia Pacific, North America Latin America and Europe Middle East & Africa).
Regional Analysis:
North America dominated the global automotive GPS parts market in 2017. The region is expected to witness a considerable growth rate of over 6% from 2018 to 2030. This can be attributed to increasing demand for advanced driver assistance systems (ADAS) and vehicle-to-vehicle communication (V2V) technologies in the region, which are expected to drive product adoption over the forecast period.
The Asia Pacific regional market captured a revenue share of more than 25% in 2017 owing to high demand from developing countries such as India and China, where consumers are ready with purse strings for buying premium cars with enhanced features and safety standards. Countries such as Japan have been at the forefront of technological advancements across various industries; hence it has contributed significantly towards regional growth through its large consumer base along with increased spending capacity on luxury vehicles since past few years.
Growth Factors:
- Increasing demand for automotive GPS parts from the developing countries owing to the increase in disposable income and growth of automotive industry.
- Growing demand for luxury cars with enhanced features such as GPS navigation system, which is expected to fuel the growth of global automotive GPS parts market over the forecast period.
- Proliferation of advanced technologies such as 3D printing that are used for manufacturing customized automotive GPS parts, is anticipated to boost the market growth in near future.
- Rising trend of connected cars and autonomous vehicles across globe is expected to create new opportunities for global automotive GPS parts market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive GPS Parts Market Research Report
By Type
Antenna, Tracking Devices, Others
By Application
Passenger Cars, Commercial Vehicles
By Companies
AISAN Technology (Japan), Alps Electric (Japan), Cellstar Industries (Japan), FORTE (Japan), Furuno Electric (Japan), GENETEC (Japan), Japan Radio (Japan), JVC Kenwood (Japan), Position (Japan), AISAN Technology (Japan)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Automotive GPS Parts Market Report Segments:
The global Automotive GPS Parts market is segmented on the basis of:
Types
Antenna, Tracking Devices, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AISAN Technology (Japan)
- Alps Electric (Japan)
- Cellstar Industries (Japan)
- FORTE (Japan)
- Furuno Electric (Japan)
- GENETEC (Japan)
- Japan Radio (Japan)
- JVC Kenwood (Japan)
- Position (Japan)
- AISAN Technology (Japan)
Highlights of The Automotive GPS Parts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Antenna
- Tracking Devices
- Others
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive GPS Parts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive GPS parts are components that help your car navigate. These parts include receivers, antennas, and software.
Some of the major players in the automotive gps parts market are AISAN Technology (Japan), Alps Electric (Japan), Cellstar Industries (Japan), FORTE (Japan), Furuno Electric (Japan), GENETEC (Japan), Japan Radio (Japan), JVC Kenwood (Japan), Position (Japan), AISAN Technology (Japan).
The automotive gps parts market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive GPS Parts Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive GPS Parts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive GPS Parts Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive GPS Parts Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive GPS Parts Market Size & Forecast, 2018-2028 4.5.1 Automotive GPS Parts Market Size and Y-o-Y Growth 4.5.2 Automotive GPS Parts Market Absolute $ Opportunity
Chapter 5 Global Automotive GPS Parts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive GPS Parts Market Size Forecast by Type
5.2.1 Antenna
5.2.2 Tracking Devices
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive GPS Parts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive GPS Parts Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive GPS Parts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive GPS Parts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive GPS Parts Analysis and Forecast
9.1 Introduction
9.2 North America Automotive GPS Parts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive GPS Parts Market Size Forecast by Type
9.6.1 Antenna
9.6.2 Tracking Devices
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive GPS Parts Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive GPS Parts Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive GPS Parts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive GPS Parts Market Size Forecast by Type
10.6.1 Antenna
10.6.2 Tracking Devices
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive GPS Parts Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive GPS Parts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive GPS Parts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive GPS Parts Market Size Forecast by Type
11.6.1 Antenna
11.6.2 Tracking Devices
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive GPS Parts Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive GPS Parts Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive GPS Parts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive GPS Parts Market Size Forecast by Type
12.6.1 Antenna
12.6.2 Tracking Devices
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive GPS Parts Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive GPS Parts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive GPS Parts Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive GPS Parts Market Size Forecast by Type
13.6.1 Antenna
13.6.2 Tracking Devices
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive GPS Parts Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive GPS Parts Market: Competitive Dashboard
14.2 Global Automotive GPS Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AISAN Technology (Japan)
14.3.2 Alps Electric (Japan)
14.3.3 Cellstar Industries (Japan)
14.3.4 FORTE (Japan)
14.3.5 Furuno Electric (Japan)
14.3.6 GENETEC (Japan)
14.3.7 Japan Radio (Japan)
14.3.8 JVC Kenwood (Japan)
14.3.9 Position (Japan)
14.3.10 AISAN Technology (Japan)