Market Overview:
The global navigation guidance solutions market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced navigation guidance systems in various applications such as aerospace & defense, automotive, healthcare, and others. Additionally, the growing demand for autonomous vehicles is also contributing to the growth of this market.
Product Definition:
A navigation guidance solution is a computer-generated display or audio cue that helps drivers stay on course while driving. These solutions are important because they keep drivers from becoming lost and help them arrive at their destinations safely. There are many different types of navigation guidance solutions, including map displays, turn-by-turn directions, and lane guidance.
Laser Guidance:
Laser guidance is a technology that uses lasers to provide accurate position information for mobile robots and autonomous vehicles. It utilizes the laws of optics, wherein a laser beam is used to transmit data without any physical contact. The system works on the basis of retro-reflective objects which bounce back the laser light and provide an accurate reading from sensors mounted on autonomous vehicles or robotic arms.
The global market size was valued at USD 1, Bn in 2016.
Magnetic Spot Guidance:
Magnetic spot guidance is a technology used in the navigation industry to provide accurate and efficient positioning. It uses magnetic field for data transfer from one point to another without any physical contact. The system works on the principle of induction where a coil or wire is placed near, but outside, the desired location which generates an electric current in the magnetic field around it. This generated current produces a series of pulses that are used for data transmission from one point to another with high accuracy and reliability.
Application Insights:
The aerospace & defense application segment accounted for the largest revenue share of over 40% in 2017. The global navigation solutions market is witnessing significant adoption owing to its numerous benefits, such as precise positioning with high accuracy, enhanced situational awareness through real-time display of data, and ability to operate in adverse weather conditions. These products are used on a daily basis by military pilots for mission-critical tasks such as landing and takeoff. Global navigation solutions provide critical information during emergencies so that rescue teams can reach the affected area quickly.
The automotive sector is expected to emerge as one of the prominent applications over the forecast period due to increasing demand from consumers desiring advanced safety features and comfort while driving or traveling in vehicles.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing investments in R&D and technological advancements. Europe accounted for a significant share of the global industry due to growing demand from automotive and aerospace industries. Asia Pacific is projected to grow at a lucrative CAGR during the forecast period, owing to rapid industrialization and increasing disposable income levels coupled with government initiatives favoring marine transportation across countries such as China, India, Thailand among others. Moreover, rising awareness regarding natural navigation systems among tourists has also contributed significantly towards regional growth.
The market in Asia Pacific was estimated at USD X million in 2017 and is anticipated to reach USD X billion by 2030 driven by developing economies such as India & China along with other Southeast Asian countries that are majorly dependent on maritime trade for economic activities (imports & exports).
Growth Factors:
- Increasing demand for navigation guidance solutions in automotive and transportation sector
- Growing demand for navigation guidance solutions in logistics and supply chain management
- Rising adoption of location-based services (LBS) and geospatial technologies
- Proliferation of smartphones and tablets with GPS capabilities
- Emergence of next-generation navigational devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Navigation Guidance Solutions Market Research Report
By Type
Laser Guidance, Magnetic Spot Guidance, Magnetic Tape Guidance, Inductive Guidance, Natural Navigation
By Application
Aerospace & Defense, Automotive, Healthcare, Others
By Companies
GE, G & C Systems, Trimble, Sygic, Telenav, Intellias, Rockwell Collins, Topcon, Harman, TomTom, Götting, NovAtel
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Navigation Guidance Solutions Market Report Segments:
The global Navigation Guidance Solutions market is segmented on the basis of:
Types
Laser Guidance, Magnetic Spot Guidance, Magnetic Tape Guidance, Inductive Guidance, Natural Navigation
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
Aerospace & Defense, Automotive, Healthcare, Others
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:
- GE
- G & C Systems
- Trimble
- Sygic
- Telenav
- Intellias
- Rockwell Collins
- Topcon
- Harman
- TomTom
- Götting
- NovAtel
Highlights of The Navigation Guidance 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:
- Laser Guidance
- Magnetic Spot Guidance
- Magnetic Tape Guidance
- Inductive Guidance
- Natural Navigation
- By Application:
- Aerospace & Defense
- Automotive
- Healthcare
- Others
- 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 Navigation Guidance 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?
Navigation Guidance Solutions (NGS) is a technology company that provides navigation and mapping solutions to businesses and consumers. NGS' products include digital map services, mobile apps, and location-based services. The company's products are used by drivers to find their way around cities, pedestrians to find their way around neighborhoods, cyclists to navigate through city streets, and hikers to plan routes in the wilderness.
Some of the major companies in the navigation guidance solutions market are GE, G & C Systems, Trimble, Sygic, Telenav, Intellias, Rockwell Collins, Topcon, Harman, TomTom, GƒÂ¶tting, NovAtel.
The navigation guidance solutions market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Navigation Guidance 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 Navigation Guidance Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Navigation Guidance 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 Navigation Guidance 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 Navigation Guidance Solutions Market Size & Forecast, 2018-2028
4.5.1 Navigation Guidance Solutions Market Size and Y-o-Y Growth
4.5.2 Navigation Guidance Solutions Market Absolute $ Opportunity
Chapter 5 Global Navigation Guidance Solutions 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 Navigation Guidance Solutions Market Size Forecast by Type
5.2.1 Laser Guidance
5.2.2 Magnetic Spot Guidance
5.2.3 Magnetic Tape Guidance
5.2.4 Inductive Guidance
5.2.5 Natural Navigation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Navigation Guidance Solutions 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 Navigation Guidance Solutions Market Size Forecast by Applications
6.2.1 Aerospace & Defense
6.2.2 Automotive
6.2.3 Healthcare
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Navigation Guidance 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 Navigation Guidance 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 Navigation Guidance Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Navigation Guidance Solutions 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 Navigation Guidance Solutions Market Size Forecast by Type
9.6.1 Laser Guidance
9.6.2 Magnetic Spot Guidance
9.6.3 Magnetic Tape Guidance
9.6.4 Inductive Guidance
9.6.5 Natural Navigation
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 Navigation Guidance Solutions Market Size Forecast by Applications
9.10.1 Aerospace & Defense
9.10.2 Automotive
9.10.3 Healthcare
9.10.4 Others
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 Navigation Guidance Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Navigation Guidance Solutions 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 Navigation Guidance Solutions Market Size Forecast by Type
10.6.1 Laser Guidance
10.6.2 Magnetic Spot Guidance
10.6.3 Magnetic Tape Guidance
10.6.4 Inductive Guidance
10.6.5 Natural Navigation
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 Navigation Guidance Solutions Market Size Forecast by Applications
10.10.1 Aerospace & Defense
10.10.2 Automotive
10.10.3 Healthcare
10.10.4 Others
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 Navigation Guidance Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Navigation Guidance Solutions 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 Navigation Guidance Solutions Market Size Forecast by Type
11.6.1 Laser Guidance
11.6.2 Magnetic Spot Guidance
11.6.3 Magnetic Tape Guidance
11.6.4 Inductive Guidance
11.6.5 Natural Navigation
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 Navigation Guidance Solutions Market Size Forecast by Applications
11.10.1 Aerospace & Defense
11.10.2 Automotive
11.10.3 Healthcare
11.10.4 Others
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 Navigation Guidance Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Navigation Guidance Solutions 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 Navigation Guidance Solutions Market Size Forecast by Type
12.6.1 Laser Guidance
12.6.2 Magnetic Spot Guidance
12.6.3 Magnetic Tape Guidance
12.6.4 Inductive Guidance
12.6.5 Natural Navigation
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 Navigation Guidance Solutions Market Size Forecast by Applications
12.10.1 Aerospace & Defense
12.10.2 Automotive
12.10.3 Healthcare
12.10.4 Others
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) Navigation Guidance Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Navigation Guidance Solutions 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) Navigation Guidance Solutions Market Size Forecast by Type
13.6.1 Laser Guidance
13.6.2 Magnetic Spot Guidance
13.6.3 Magnetic Tape Guidance
13.6.4 Inductive Guidance
13.6.5 Natural Navigation
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) Navigation Guidance Solutions Market Size Forecast by Applications
13.10.1 Aerospace & Defense
13.10.2 Automotive
13.10.3 Healthcare
13.10.4 Others
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 Navigation Guidance Solutions Market: Competitive Dashboard
14.2 Global Navigation Guidance Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 G & C Systems
14.3.3 Trimble
14.3.4 Sygic
14.3.5 Telenav
14.3.6 Intellias
14.3.7 Rockwell Collins
14.3.8 Topcon
14.3.9 Harman
14.3.10 TomTom
14.3.11 Götting
14.3.12 NovAtel
