Key Insights
The automotive GPS system market, valued at $35.89 billion in 2025, is projected to experience robust growth, driven by increasing vehicle production, rising consumer demand for advanced navigation features, and the integration of GPS technology with infotainment systems. The market's Compound Annual Growth Rate (CAGR) of 7.65% from 2019 to 2024 suggests a continued upward trajectory through 2033. Key growth drivers include the increasing adoption of connected car technology, the demand for real-time traffic updates and route optimization, and the integration of GPS with advanced driver-assistance systems (ADAS). The expanding automotive sector, particularly in developing economies like India and China, further fuels market expansion. Market segmentation reveals a strong preference for larger screen sizes (6-10 inches and above), reflecting consumers' desire for improved user experience and enhanced map visualization. The OEM channel currently dominates sales, but the aftermarket segment is witnessing significant growth due to the rising demand for aftermarket upgrades and feature additions. Technological advancements such as improved mapping accuracy, voice recognition, and cloud-based services are expected to reshape the market landscape in the coming years. Competition among established players like Denso, Visteon, and Garmin will intensify, necessitating continuous innovation and strategic partnerships to maintain market share.
Automotive GPS System Market Market Size (In Billion)
The market's restraints include the rising cost of advanced GPS systems, concerns about data privacy and security, and potential disruptions caused by alternative navigation technologies. However, these challenges are likely to be offset by the ongoing technological advancements, increasing affordability, and the growing integration of GPS systems into standard vehicle features. Regional analysis indicates strong growth prospects in Asia Pacific, driven by the burgeoning automotive industry and rising disposable incomes. North America and Europe will continue to be significant markets, fueled by the high adoption rates of advanced automotive technologies and the presence of established market players. The forecast period (2025-2033) is expected to witness continuous market expansion, driven by the factors mentioned above, resulting in a substantial increase in market size by the end of the forecast period.
Automotive GPS System Market Company Market Share
Automotive GPS System Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Automotive GPS System Market, encompassing market dynamics, growth trends, regional dominance, product landscape, and key players. The study period covers 2019-2033, with 2025 as the base and estimated year. This report is invaluable for industry professionals, investors, and strategic decision-makers seeking a clear understanding of this rapidly evolving market. The market is segmented by screen size (less than 6 inches, 6-10 inches, more than 10 inches), vehicle type (passenger cars, commercial vehicles), and sales channel (OEMs, aftermarket).
Automotive GPS System Market Dynamics & Structure
The Automotive GPS System market is characterized by moderate concentration, with several key players holding significant market share. Technological innovation, particularly in areas such as cloud-based navigation, AI-powered features, and improved mapping accuracy, are key drivers. Regulatory frameworks concerning data privacy and safety standards influence market dynamics. Competitive product substitutes, such as smartphone navigation apps, pose a challenge, but the integration of GPS systems into vehicles' infotainment systems provides a significant competitive advantage. The market is influenced by end-user demographics, including age, tech-savviness, and driving habits. M&A activity in the sector is moderate, with xx deals recorded in the past five years, reflecting consolidation and expansion efforts within the industry.
- Market Concentration: Moderately concentrated, with top 5 players holding approximately xx% market share.
- Technological Innovation: Cloud-based navigation, AI-powered route optimization, and advanced mapping features are driving growth.
- Regulatory Landscape: Data privacy regulations and safety standards are shaping market practices.
- Competitive Substitutes: Smartphone navigation apps present a competitive challenge.
- End-User Demographics: Younger generations and tech-savvy drivers show higher adoption rates.
- M&A Activity: xx mergers and acquisitions in the past 5 years, indicating consolidation trends.
Automotive GPS System Market Growth Trends & Insights
The global Automotive GPS System market experienced significant growth during the historical period (2019-2024), expanding from xx million units in 2019 to xx million units in 2024, representing a CAGR of xx%. This growth is attributed to increasing vehicle production, rising consumer demand for advanced navigation features, and the integration of GPS systems into diverse vehicle types. The adoption rate of advanced features like real-time traffic updates and voice-controlled navigation is steadily increasing, particularly in passenger cars. Technological disruptions, such as the shift towards cloud-based navigation and the integration of smart assistants, are reshaping the competitive landscape. Consumer behavior is shifting towards seamless integration with smartphones and preference for enhanced user experience. Market penetration is expected to reach xx% by 2033. The forecast period (2025-2033) anticipates continued expansion, reaching xx million units by 2033, driven by factors such as the rising adoption of EVs and the expansion of connected car technologies.
Dominant Regions, Countries, or Segments in Automotive GPS System Market
The North American region currently holds the largest market share in the Automotive GPS System market, driven by high vehicle ownership rates, strong technological advancements, and consumer preference for advanced in-vehicle features. Within this region, the United States and Canada are key growth drivers. The European market is also significant, exhibiting strong growth due to increasing adoption of advanced driver-assistance systems (ADAS) and stringent regulations promoting vehicle safety features. Within the segment analysis, the 6-10 inches screen size segment dominates, capturing approximately xx% of the market share in 2024, followed by the "More than 10 Inches" segment exhibiting the highest growth rate. Passenger car segment holds the largest market share, with OEMs as the primary sales channel.
- Key Drivers (North America): High vehicle ownership, technological advancements, consumer preference for advanced features.
- Key Drivers (Europe): Adoption of ADAS, stringent safety regulations.
- Dominant Segment (Screen Size): 6-10 inches (xx% market share in 2024).
- Dominant Segment (Vehicle Type): Passenger Cars
- Dominant Segment (Sales Channel): Original Equipment Manufacturers (OEMs)
Automotive GPS System Market Product Landscape
The Automotive GPS System market features a wide range of products, from basic navigation systems to advanced infotainment systems incorporating cloud-based navigation, real-time traffic updates, voice control, and integration with smartphone apps. Key features driving product differentiation include improved mapping accuracy, intuitive user interfaces, and seamless integration with other vehicle systems. Technological advancements are focused on enhancing mapping capabilities, improving processing speed, and expanding connectivity features. Unique selling propositions include advanced driver-assistance features and personalized user experiences tailored to individual driver preferences.
Key Drivers, Barriers & Challenges in Automotive GPS System Market
Key Drivers: The market is propelled by rising vehicle sales, increasing demand for enhanced navigation features, technological advancements like cloud-based navigation and AI-powered route optimization, and government regulations promoting road safety. The integration of GPS systems into infotainment systems strengthens their adoption.
Challenges: Competition from smartphone navigation apps, concerns over data privacy and security, high initial investment costs for advanced systems, and potential supply chain disruptions due to component shortages are major obstacles. The increasing complexity of systems also presents integration challenges for automakers.
Emerging Opportunities in Automotive GPS System Market
Emerging opportunities lie in expanding into developing markets with growing vehicle ownership, integrating advanced driver-assistance features, enhancing user experience through personalized navigation and infotainment, and developing solutions for autonomous driving. The integration of GPS systems with other smart home and IoT devices is also a promising area for growth. Focus on offering subscription-based services to generate recurring revenue is another key opportunity.
Growth Accelerators in the Automotive GPS System Market Industry
Long-term growth is fueled by advancements in mapping technology, AI-powered functionalities (real-time traffic, predictive route optimization), increased connectivity features, and strategic partnerships between technology companies and automotive manufacturers. Expanding into new markets and focusing on providing value-added services, such as real-time updates and personalized recommendations, are further growth catalysts. The integration of GPS systems into electric vehicles (EVs) will also drive demand in the coming years.
Key Players Shaping the Automotive GPS System Market Market
- Denso Corporation
- Visteon Corporation
- TomTom International BV
- LG Electronics Inc
- Aisin Corporation
- Garmin Ltd
- Mitsubishi Electric Corporation
- JVC Kenwood Corporation
- Harman International Industries
- Robert Bosch GmbH
- Faurecia Clarion Electronics Co Ltd
- Panasonic Holdings Corporation
Notable Milestones in Automotive GPS System Market Sector
- August 2023: EVgo Inc. partnered with Amazon to integrate Alexa into EV charging experiences.
- January 2023: Mapbox partnered with Toyota Motor Europe to offer cloud-based navigation.
- May 2022: Volvo Car USA equipped its 2023 lineup with Google built-in features.
- April 2022: HERE Technologies deployed its navigation solution in Isuzu Trucks' new models.
In-Depth Automotive GPS System Market Market Outlook
The Automotive GPS System market exhibits strong growth potential over the forecast period, driven by the increasing adoption of connected car technologies, the expansion of electric vehicle adoption, and ongoing advancements in navigation and infotainment systems. Strategic partnerships between technology providers and automakers will further fuel innovation and market penetration. The emergence of new features like augmented reality navigation and improved integration with driver-assistance systems will create exciting opportunities. The market’s future hinges on addressing data privacy concerns, enhancing user experience, and adapting to the evolving needs of the increasingly connected driver.
Automotive GPS System Market Segmentation
-
1. Vehicle Type
- 1.1. Passenger Cars
- 1.2. Commercial Vehicles
-
2. Sales Channel
- 2.1. Original Equipment Manufacturers (OEMs)
- 2.2. Aftermarket
-
3. Screen Size
- 3.1. Less than 6 Inches
- 3.2. 6-10 Inches
- 3.3. More than 10 Inches
Automotive GPS System Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Rest of North America
-
2. Europe
- 2.1. Germany
- 2.2. United Kingdom
- 2.3. France
- 2.4. Italy
- 2.5. Rest of Europe
-
3. Asia Pacific
- 3.1. China
- 3.2. India
- 3.3. Japan
- 3.4. South Korea
- 3.5. Rest of Asia Pacific
-
4. Rest of the World
- 4.1. South America
- 4.2. Middle East and Africa
Automotive GPS System Market Regional Market Share
Geographic Coverage of Automotive GPS System Market
Automotive GPS System Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 7.65% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Shifting Preference of Consumers to Avail Private Medium of Transportation
- 3.3. Market Restrains
- 3.3.1. High Purchase and Installation Costs
- 3.4. Market Trends
- 3.4.1. Aftermarket Segment to Gain Traction during the Forecast Period
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Automotive GPS System Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 5.1.1. Passenger Cars
- 5.1.2. Commercial Vehicles
- 5.2. Market Analysis, Insights and Forecast - by Sales Channel
- 5.2.1. Original Equipment Manufacturers (OEMs)
- 5.2.2. Aftermarket
- 5.3. Market Analysis, Insights and Forecast - by Screen Size
- 5.3.1. Less than 6 Inches
- 5.3.2. 6-10 Inches
- 5.3.3. More than 10 Inches
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Rest of the World
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6. North America Automotive GPS System Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6.1.1. Passenger Cars
- 6.1.2. Commercial Vehicles
- 6.2. Market Analysis, Insights and Forecast - by Sales Channel
- 6.2.1. Original Equipment Manufacturers (OEMs)
- 6.2.2. Aftermarket
- 6.3. Market Analysis, Insights and Forecast - by Screen Size
- 6.3.1. Less than 6 Inches
- 6.3.2. 6-10 Inches
- 6.3.3. More than 10 Inches
- 6.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 7. Europe Automotive GPS System Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 7.1.1. Passenger Cars
- 7.1.2. Commercial Vehicles
- 7.2. Market Analysis, Insights and Forecast - by Sales Channel
- 7.2.1. Original Equipment Manufacturers (OEMs)
- 7.2.2. Aftermarket
- 7.3. Market Analysis, Insights and Forecast - by Screen Size
- 7.3.1. Less than 6 Inches
- 7.3.2. 6-10 Inches
- 7.3.3. More than 10 Inches
- 7.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 8. Asia Pacific Automotive GPS System Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 8.1.1. Passenger Cars
- 8.1.2. Commercial Vehicles
- 8.2. Market Analysis, Insights and Forecast - by Sales Channel
- 8.2.1. Original Equipment Manufacturers (OEMs)
- 8.2.2. Aftermarket
- 8.3. Market Analysis, Insights and Forecast - by Screen Size
- 8.3.1. Less than 6 Inches
- 8.3.2. 6-10 Inches
- 8.3.3. More than 10 Inches
- 8.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 9. Rest of the World Automotive GPS System Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 9.1.1. Passenger Cars
- 9.1.2. Commercial Vehicles
- 9.2. Market Analysis, Insights and Forecast - by Sales Channel
- 9.2.1. Original Equipment Manufacturers (OEMs)
- 9.2.2. Aftermarket
- 9.3. Market Analysis, Insights and Forecast - by Screen Size
- 9.3.1. Less than 6 Inches
- 9.3.2. 6-10 Inches
- 9.3.3. More than 10 Inches
- 9.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 10. Competitive Analysis
- 10.1. Global Market Share Analysis 2025
- 10.2. Company Profiles
- 10.2.1 Denso Corporation
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Visteon Corporation
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 TomTom International BV
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 LG Electronics Inc
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Aisin Corporation
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 Garmin Ltd
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 Mitsubishi Electric Corporation
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 JVC Kenwood Corporatio
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.9 Harman International Industries
- 10.2.9.1. Overview
- 10.2.9.2. Products
- 10.2.9.3. SWOT Analysis
- 10.2.9.4. Recent Developments
- 10.2.9.5. Financials (Based on Availability)
- 10.2.10 Robert Bosch GmbH
- 10.2.10.1. Overview
- 10.2.10.2. Products
- 10.2.10.3. SWOT Analysis
- 10.2.10.4. Recent Developments
- 10.2.10.5. Financials (Based on Availability)
- 10.2.11 Faurecia Clarion Electronics Co Ltd
- 10.2.11.1. Overview
- 10.2.11.2. Products
- 10.2.11.3. SWOT Analysis
- 10.2.11.4. Recent Developments
- 10.2.11.5. Financials (Based on Availability)
- 10.2.12 Panasonic Holdings Corporation
- 10.2.12.1. Overview
- 10.2.12.2. Products
- 10.2.12.3. SWOT Analysis
- 10.2.12.4. Recent Developments
- 10.2.12.5. Financials (Based on Availability)
- 10.2.1 Denso Corporation
List of Figures
- Figure 1: Global Automotive GPS System Market Revenue Breakdown (Million, %) by Region 2025 & 2033
- Figure 2: North America Automotive GPS System Market Revenue (Million), by Vehicle Type 2025 & 2033
- Figure 3: North America Automotive GPS System Market Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 4: North America Automotive GPS System Market Revenue (Million), by Sales Channel 2025 & 2033
- Figure 5: North America Automotive GPS System Market Revenue Share (%), by Sales Channel 2025 & 2033
- Figure 6: North America Automotive GPS System Market Revenue (Million), by Screen Size 2025 & 2033
- Figure 7: North America Automotive GPS System Market Revenue Share (%), by Screen Size 2025 & 2033
- Figure 8: North America Automotive GPS System Market Revenue (Million), by Country 2025 & 2033
- Figure 9: North America Automotive GPS System Market Revenue Share (%), by Country 2025 & 2033
- Figure 10: Europe Automotive GPS System Market Revenue (Million), by Vehicle Type 2025 & 2033
- Figure 11: Europe Automotive GPS System Market Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 12: Europe Automotive GPS System Market Revenue (Million), by Sales Channel 2025 & 2033
- Figure 13: Europe Automotive GPS System Market Revenue Share (%), by Sales Channel 2025 & 2033
- Figure 14: Europe Automotive GPS System Market Revenue (Million), by Screen Size 2025 & 2033
- Figure 15: Europe Automotive GPS System Market Revenue Share (%), by Screen Size 2025 & 2033
- Figure 16: Europe Automotive GPS System Market Revenue (Million), by Country 2025 & 2033
- Figure 17: Europe Automotive GPS System Market Revenue Share (%), by Country 2025 & 2033
- Figure 18: Asia Pacific Automotive GPS System Market Revenue (Million), by Vehicle Type 2025 & 2033
- Figure 19: Asia Pacific Automotive GPS System Market Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 20: Asia Pacific Automotive GPS System Market Revenue (Million), by Sales Channel 2025 & 2033
- Figure 21: Asia Pacific Automotive GPS System Market Revenue Share (%), by Sales Channel 2025 & 2033
- Figure 22: Asia Pacific Automotive GPS System Market Revenue (Million), by Screen Size 2025 & 2033
- Figure 23: Asia Pacific Automotive GPS System Market Revenue Share (%), by Screen Size 2025 & 2033
- Figure 24: Asia Pacific Automotive GPS System Market Revenue (Million), by Country 2025 & 2033
- Figure 25: Asia Pacific Automotive GPS System Market Revenue Share (%), by Country 2025 & 2033
- Figure 26: Rest of the World Automotive GPS System Market Revenue (Million), by Vehicle Type 2025 & 2033
- Figure 27: Rest of the World Automotive GPS System Market Revenue Share (%), by Vehicle Type 2025 & 2033
- Figure 28: Rest of the World Automotive GPS System Market Revenue (Million), by Sales Channel 2025 & 2033
- Figure 29: Rest of the World Automotive GPS System Market Revenue Share (%), by Sales Channel 2025 & 2033
- Figure 30: Rest of the World Automotive GPS System Market Revenue (Million), by Screen Size 2025 & 2033
- Figure 31: Rest of the World Automotive GPS System Market Revenue Share (%), by Screen Size 2025 & 2033
- Figure 32: Rest of the World Automotive GPS System Market Revenue (Million), by Country 2025 & 2033
- Figure 33: Rest of the World Automotive GPS System Market Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Automotive GPS System Market Revenue Million Forecast, by Vehicle Type 2020 & 2033
- Table 2: Global Automotive GPS System Market Revenue Million Forecast, by Sales Channel 2020 & 2033
- Table 3: Global Automotive GPS System Market Revenue Million Forecast, by Screen Size 2020 & 2033
- Table 4: Global Automotive GPS System Market Revenue Million Forecast, by Region 2020 & 2033
- Table 5: Global Automotive GPS System Market Revenue Million Forecast, by Vehicle Type 2020 & 2033
- Table 6: Global Automotive GPS System Market Revenue Million Forecast, by Sales Channel 2020 & 2033
- Table 7: Global Automotive GPS System Market Revenue Million Forecast, by Screen Size 2020 & 2033
- Table 8: Global Automotive GPS System Market Revenue Million Forecast, by Country 2020 & 2033
- Table 9: United States Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 10: Canada Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 11: Rest of North America Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 12: Global Automotive GPS System Market Revenue Million Forecast, by Vehicle Type 2020 & 2033
- Table 13: Global Automotive GPS System Market Revenue Million Forecast, by Sales Channel 2020 & 2033
- Table 14: Global Automotive GPS System Market Revenue Million Forecast, by Screen Size 2020 & 2033
- Table 15: Global Automotive GPS System Market Revenue Million Forecast, by Country 2020 & 2033
- Table 16: Germany Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 17: United Kingdom Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 18: France Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 19: Italy Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 20: Rest of Europe Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 21: Global Automotive GPS System Market Revenue Million Forecast, by Vehicle Type 2020 & 2033
- Table 22: Global Automotive GPS System Market Revenue Million Forecast, by Sales Channel 2020 & 2033
- Table 23: Global Automotive GPS System Market Revenue Million Forecast, by Screen Size 2020 & 2033
- Table 24: Global Automotive GPS System Market Revenue Million Forecast, by Country 2020 & 2033
- Table 25: China Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 26: India Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 27: Japan Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 28: South Korea Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 29: Rest of Asia Pacific Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 30: Global Automotive GPS System Market Revenue Million Forecast, by Vehicle Type 2020 & 2033
- Table 31: Global Automotive GPS System Market Revenue Million Forecast, by Sales Channel 2020 & 2033
- Table 32: Global Automotive GPS System Market Revenue Million Forecast, by Screen Size 2020 & 2033
- Table 33: Global Automotive GPS System Market Revenue Million Forecast, by Country 2020 & 2033
- Table 34: South America Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 35: Middle East and Africa Automotive GPS System Market Revenue (Million) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Automotive GPS System Market?
The projected CAGR is approximately 7.65%.
2. Which companies are prominent players in the Automotive GPS System Market?
Key companies in the market include Denso Corporation, Visteon Corporation, TomTom International BV, LG Electronics Inc, Aisin Corporation, Garmin Ltd, Mitsubishi Electric Corporation, JVC Kenwood Corporatio, Harman International Industries, Robert Bosch GmbH, Faurecia Clarion Electronics Co Ltd, Panasonic Holdings Corporation.
3. What are the main segments of the Automotive GPS System Market?
The market segments include Vehicle Type, Sales Channel, Screen Size.
4. Can you provide details about the market size?
The market size is estimated to be USD 35.89 Million as of 2022.
5. What are some drivers contributing to market growth?
Shifting Preference of Consumers to Avail Private Medium of Transportation.
6. What are the notable trends driving market growth?
Aftermarket Segment to Gain Traction during the Forecast Period.
7. Are there any restraints impacting market growth?
High Purchase and Installation Costs.
8. Can you provide examples of recent developments in the market?
August 2023: EVgo Inc. announced its collaboration with Amazon to launch an Alexa-enabled electric vehicle charging experience for customers. The PlugShare API integration creates a seamless charging experience for Alexa-enabled EVs, including Nissan ARIYA, Ford Mustang Mach-E, and F-150 Lightning. Through simple voice requests such as, ‘Alexa, find EV charging stations near me,’ customers can locate and drive to the nearest charging station, eliminating the need to stop and search for available stations manually.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Automotive GPS System Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Automotive GPS System Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Automotive GPS System Market?
To stay informed about further developments, trends, and reports in the Automotive GPS System Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
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Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
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Secondary Research
- Annual Reports
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- Industry Association
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Step 4 - Data Triangulation
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These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence