Market Overview:
The global portable navigation devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable navigation devices from automobile and other applications, and the growing demand for these devices in emerging economies such as Asia Pacific and Latin America. The global portable navigation devices market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into sucker navigators and folding navigators. The sucker navigators segment is expected to grow at a higher CAGR during the forecast period owing to their low cost and easy portability. On the basis of application,the market is divided into automobile navigation, personal navigation, marine navigation, aviation navigation,,and others (including construction sites). The automotive sector accounts for a major share of this market due to rising demand for these devices in passenger cars as well as commercial vehicles.Geographically,.the global portable Navigation Devices Marketis dividedinto North America,.Latin America,.Europe,.Asia Pacific.,and Middle East & Africa .Among these regions,, Europe holds a leading position in terms of revenue contribution followed by North America .
Product Definition:
A Portable Navigation Device (PND) is a device that provides navigation guidance for drivers. It can be a stand-alone unit or it can be integrated into a vehicle's infotainment system. PNDs are often used in place of or in addition to traditional paper maps. They provide real-time traffic information and routing, as well as points of interest (POIs) and other features.
Sucker Navigators:
Sucker Navigators is a technology that uses the principle of suction to capture data from portable navigation devices and transfer it wirelessly to a computer. The device consists of an air-powered pump, which creates a vacuum between two plates, one of which is connected to the navigator’s antenna and the other is connected to an RFID reader. As soon as the user points navigator towards target object, information about that object appears on screen.
Folding Navigators:
Folding navigators are compact, lightweight and consume less power. They can be easily transported in a backpack or handbag along with the portable navigation devices. The folding navigators are used as backup when space is limited or if the user does not want to take chances while traveling long-distance.
The global folding navigators and it's usage in portable navigation devices market size was valued at USD 648 million in 2016.
Application Insights:
Automobile was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Increasing automobile production across the globe, particularly in emerging economies such as China, India and Brazil is anticipated to drive demand for portable navigation devices in automobiles. Furthermore, stringent government regulations on driving habits & safety are promoting the use of navigators in automobiles across developed countries such as North America and Europe.
The other application segment includes outdoor activities like hiking, biking and travels by bus or train. Growing popularity of these modes of transport among millennials has led them to prefer using portable navigation devices while traveling by bus or train instead of carrying paper maps along with them. In addition, increasing urbanization has led people to prefer traveling on foot or bicycle over other modes due to a reduced travel time when compared with motor vehicles leading navigators manufacturers towards developing products for outdoor activities too.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of portable navigation devices by drivers and passengers, favorable government regulations, and high disposable income of consumers in this region. Europe is also estimated to hold a considerable share during the same period owing to growing popularity of portable navigation devices among automobile owners for using while driving or for saving fuel. Asia Pacific is anticipated to grow at a significant rate over the forecast period owing rising disposable income especially in developing countries such as China and India along with other Southeast Asian nations that are popular tourist destinations like Thailand, Malaysia & Singapore, Indonesia & Philippines etc.
Growth Factors:
- Increasing demand for portable navigation devices from the automotive sector as a result of increasing sales of cars and SUVs.
- Growing demand for portable navigation devices from the commercial sector due to increasing number of businesses and their need for efficient route planning and tracking.
- Proliferation of smartphones with in-built GPS capabilities is expected to fuel the growth of the portable navigation device market as these devices are used as alternatives to standalone PNDs.
- Development of advanced features such as voice-guided turn-by-turn directions, real-time traffic updates, etc., is expected to boost the adoption rate of portable navigation devices among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Navigation Devices Market Research Report
By Type
Sucker Navigators, Folding Navigators
By Application
Automobile, Navigation, Other
By Companies
TomTom, Garmin, Magellan
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Portable Navigation Devices Market Report Segments:
The global Portable Navigation Devices market is segmented on the basis of:
Types
Sucker Navigators, Folding Navigators
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
Automobile, Navigation, Other
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:
- TomTom
- Garmin
- Magellan
Highlights of The Portable Navigation Devices 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:
- Sucker Navigators
- Folding Navigators
- By Application:
- Automobile
- Navigation
- Other
- 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 Portable Navigation Devices 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?
Portable navigation devices are handheld devices that allow users to navigate their surroundings. They typically include maps, directions, and other information about the surrounding area. Portable navigation devices can be used for a variety of purposes, such as finding a destination or getting from one point to another.
Some of the major players in the portable navigation devices market are TomTom, Garmin, Magellan.
The portable navigation devices market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable Navigation Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Portable Navigation Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable Navigation Devices Market - Supply Chain
4.5. Global Portable Navigation Devices Market Forecast
4.5.1. Portable Navigation Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Navigation Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Navigation Devices Market Absolute $ Opportunity
5. Global Portable Navigation Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Portable Navigation Devices Market Size and Volume Forecast by Type
5.3.1. Sucker Navigators
5.3.2. Folding Navigators
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable Navigation Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Portable Navigation Devices Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Navigation
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable Navigation Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Portable Navigation Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Portable Navigation Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Portable Navigation Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Portable Navigation Devices Demand Share Forecast, 2019-2026
9. North America Portable Navigation Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Portable Navigation Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Portable Navigation Devices Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Navigation
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Navigation Devices Market Size and Volume Forecast by Type
9.7.1. Sucker Navigators
9.7.2. Folding Navigators
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Portable Navigation Devices Demand Share Forecast, 2019-2026
10. Latin America Portable Navigation Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Portable Navigation Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Portable Navigation Devices Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Navigation
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Navigation Devices Market Size and Volume Forecast by Type
10.7.1. Sucker Navigators
10.7.2. Folding Navigators
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Portable Navigation Devices Demand Share Forecast, 2019-2026
11. Europe Portable Navigation Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Portable Navigation Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Portable Navigation Devices Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Navigation
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Navigation Devices Market Size and Volume Forecast by Type
11.7.1. Sucker Navigators
11.7.2. Folding Navigators
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Portable Navigation Devices Demand Share, 2019-2026
12. Asia Pacific Portable Navigation Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Portable Navigation Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Portable Navigation Devices Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Navigation
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Navigation Devices Market Size and Volume Forecast by Type
12.7.1. Sucker Navigators
12.7.2. Folding Navigators
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Portable Navigation Devices Demand Share, 2019-2026
13. Middle East & Africa Portable Navigation Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Portable Navigation Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Portable Navigation Devices Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Navigation
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable Navigation Devices Market Size and Volume Forecast by Type
13.7.1. Sucker Navigators
13.7.2. Folding Navigators
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Portable Navigation Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Navigation Devices Market: Market Share Analysis
14.2. Portable Navigation Devices Distributors and Customers
14.3. Portable Navigation Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TomTom
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Garmin
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Magellan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook