DUBLIN, May 19, 2022--(BUSINESS WIRE)--The "In-Dash Navigation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global in-dash navigation system market reached a value of US$ 13.55 billion in 2021. Looking forward, the market is projected to reach a value of US$ 26.54 billion by 2027, exhibiting a CAGR of 11.60% during 2022-2027.
Alpine Electronics Inc. (Alps Electric Co. Ltd.)
Harman International Industries Incorporated (Samsung Electronics Co. Ltd)
Luxoft Holding Inc. (DXC Technology Company)
Mitsubishi Electric Corporation
Robert Bosch GmbH
TomTom International BV
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.
An in-dash navigation system relies on combined head units, including satellite radio, amplitude modulation (AM), frequency modulation (FM), compact disk (CD) players, digital video disc (DVD) player inputs, and hands-free cellphones. It is fully embedded into the steering wheel controls of a vehicle and generally connected to the cloud that offers online and offline location search to enhance the driving experience. As it also provides weather forecasts and real-time traffic status, in-dash navigation system finds extensive applications in passenger cars, light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs) across the globe.
The increasing integration of in-dash navigation systems in car models as a standard feature represents one of the key factors driving the market. Moreover, these systems use global positioning system (GPS) units that help reduce the fuel consumption of vehicles as they provide the shortest route to the driver for reaching the intended destination.
Besides this, governing authorities of numerous countries are imposing stringent regulations to reduce carbon emissions from automobiles. This, along with the rising adoption of connected car devices, is positively influencing the market. Apart from this, there is a considerable increase in the number of road traffic injuries and fatalities around the world.
As a result, manufacturers operating in the automotive industry are incorporating advanced driver assistance systems (ADAS) and lane departure warning systems (LDWS) to provide better services. This, coupled with rising technological advancements, is offering lucrative growth opportunities to market players. Furthermore, factors like increasing sales of passenger vehicles, rising safety concerns among individuals, and the thriving automotive industry, are anticipated to stimulate the growth of the market.
Key Questions Answered in This Report
How has the global in-dash navigation system market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global in-dash navigation system market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the screen size?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the sales channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global in-dash navigation system market and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global In-Dash Navigation System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
7 Market Breakup by Technology
8 Market Breakup by Screen Size
9 Market Breakup by Vehicle Type
10 Market Breakup by Sales Channel
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/w8pxkg
View source version on businesswire.com: https://www.businesswire.com/news/home/20220519005663/en/
Laura Wood, Senior Press Manager
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