Market Overview:
The global automotive navigation solutions market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced navigation systems in passenger cars, light commercial vehicles, and heavy commercial vehicles. Additionally, the growing demand for location-based services and rising adoption of connected cars are also contributing to the growth of this market. Based on type, the global automotive navigation solutions market is segmented into 3D navigation, 2D navigation, and DGPS (Differential Correction). The 3D Navigation segment is expected to grow at a higher CAGR during the forecast period as compared to other segments due to its enhanced features such as real-time traffic updates and voice-guided directions. Based on application, the global automotive navigation solutions market is divided into passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). Passenger cars are expected to account for a larger share of this market in terms of revenue owing to their high adoption rate across different regions worldwide.
Product Definition:
An automotive navigation solution is a system that provides directions and navigates a driver to their destination. These systems are often found in vehicles as original equipment or aftermarket add-ons. They can be used to provide turn-by-turn directions, voice guidance, or even display maps on the car's dashboard. Automotive navigation solutions are important for safety and convenience, especially while driving in an unfamiliar area.
3D Navigation:
3D navigation is a system that provides information to the user in a three-dimensional view. It uses techniques such as augmented reality and artificial intelligence to give the appearance of depth and accuracy to its display. The technology has been around for more than two decades, but only recently has it started gaining widespread acceptance among consumers.
The primary growth driver for 3D navigation is consumer demand for features such as realistic portrayals of objects on devices with flat screens.
2D Navigation:
2D navigation is a technique of map making in which the information is represented by two dimensions such as latitude and longitude on the Mercator projection. The 2D grid system used for representing position on this projection uses straight lines and grids that are at right angles to each other running from the center of the earth through the poles. These lines and grids make up a coordinate system that enables easy location anywhere on earth's surface.
Application Insights:
The passenger cars segment accounted for the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. The rising number of young population, especially in countries such as India and China, has led to a significant increase in demand for passenger cars. This trend is expected to continue over the forecast period thus driving navigation solutions demand across all vehicle types.
2D navigation dominates the application segment due to its low cost and easy implementation however, it suffers from limitations regarding position accuracy when used at long distances or on hilly terrain. 3D navigation offers accurate positioning with high precision however, it requires additional equipment which adds up to the overall price of automotive electronics systems thereby making it inaccessible for low-cost manufacturers.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing investments by OEMs and aftermarket service providers for deploying advanced automotive navigation systems. Europe accounted for a significant share of revenue due to increased demand from passenger cars and light commercial vehicles segment, which are majorly driven by rising adoption from smartphone users who use mobile apps while driving. Asia Pacific is projected to be the fastest-growing regional market at a CAGR exceeding 6% during the forecast period on account of increasing automobile production coupled with rising disposable income especially in China, India, South Korea, and Japan countries.
Growth Factors:
- Increasing demand for automotive navigation solutions from the developing countries owing to the rise in disposable income and growth of the automotive industry.
- Proliferation of smartphones and tablets, which are equipped with advanced location-based features, is expected to boost the demand for automotive navigation solutions over the forecast period.
- Growing popularity of in-vehicle infotainment systems is also anticipated to fuel market growth during the forecast period.
- Rising number of accidents and fatalities across globe is expected to create a need for enhanced safety features in vehicles, thereby propelling demand for automotive navigation solutions over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Navigation Solutions Market Research Report
By Type
3D Navigation, 2D Navigation, DGPS–(Differential Correction is available through the auxiliary Serial Ports)
By Application
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
NNG Software Developing and Commercial LLC, Telenav, Inc., Pioneer Corporation, Alpine Electronics, Kenwood Corporation, Navis-AMS, DENSO, Mitsubishi, Harman International Industries, Panasonic Corporation, TomTom International BV
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Navigation Solutions Market Report Segments:
The global Automotive Navigation Solutions market is segmented on the basis of:
Types
3D Navigation, 2D Navigation, DGPS–(Differential Correction is available through the auxiliary Serial Ports)
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, Light Commercial Vehicles, Heavy 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:
- NNG Software Developing and Commercial LLC
- Telenav, Inc.
- Pioneer Corporation
- Alpine Electronics
- Kenwood Corporation
- Navis-AMS
- DENSO
- Mitsubishi
- Harman International Industries
- Panasonic Corporation
- TomTom International BV
Highlights of The Automotive Navigation Solutions 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:
- 3D Navigation
- 2D Navigation
- DGPS–(Differential Correction is available through the auxiliary Serial Ports)
- By Application:
- Passenger Cars
- Light Commercial Vehicles
- Heavy 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 Navigation Solutions 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.
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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 Navigation Solutions (ANS) is a global provider of advanced navigation and mapping solutions for the automotive industry. ANS offers a suite of products that include real-time traffic, route planning, map updates, and turn-by-turn directions. The company's products are used by automakers, trucking companies, and other transportation providers around the world.
Some of the major companies in the automotive navigation solutions market are NNG Software Developing and Commercial LLC, Telenav, Inc., Pioneer Corporation, Alpine Electronics, Kenwood Corporation, Navis-AMS, DENSO, Mitsubishi, Harman International Industries, Panasonic Corporation, TomTom International BV.
The automotive navigation solutions market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Navigation Solutions 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 Navigation Solutions Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Navigation Solutions 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 Navigation Solutions 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 Navigation Solutions Market Size & Forecast, 2020-2028 4.5.1 Automotive Navigation Solutions Market Size and Y-o-Y Growth 4.5.2 Automotive Navigation Solutions Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 3D Navigation
5.2.2 2D Navigation
5.2.3 DGPS–(Differential Correction is available through the auxiliary Serial Ports)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Light Commercial Vehicles
6.2.3 Heavy Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Navigation Solutions 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 Navigation Solutions 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 3D Navigation
9.6.2 2D Navigation
9.6.3 DGPS–(Differential Correction is available through the auxiliary Serial Ports)
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 Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Light Commercial Vehicles
9.10.3 Heavy 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 3D Navigation
10.6.2 2D Navigation
10.6.3 DGPS–(Differential Correction is available through the auxiliary Serial Ports)
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 Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Light Commercial Vehicles
10.10.3 Heavy 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 3D Navigation
11.6.2 2D Navigation
11.6.3 DGPS–(Differential Correction is available through the auxiliary Serial Ports)
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 Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Light Commercial Vehicles
11.10.3 Heavy 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 3D Navigation
12.6.2 2D Navigation
12.6.3 DGPS–(Differential Correction is available through the auxiliary Serial Ports)
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 Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Light Commercial Vehicles
12.10.3 Heavy 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 3D Navigation
13.6.2 2D Navigation
13.6.3 DGPS–(Differential Correction is available through the auxiliary Serial Ports)
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) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Light Commercial Vehicles
13.10.3 Heavy 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 Navigation Solutions Market: Competitive Dashboard
14.2 Global Automotive Navigation Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NNG Software Developing and Commercial LLC
14.3.2 Telenav, Inc.
14.3.3 Pioneer Corporation
14.3.4 Alpine Electronics
14.3.5 Kenwood Corporation
14.3.6 Navis-AMS
14.3.7 DENSO
14.3.8 Mitsubishi
14.3.9 Harman International Industries
14.3.10 Panasonic Corporation
14.3.11 TomTom International BV