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 systems with infotainment and driver-assistance technologies. The market's Compound Annual Growth Rate (CAGR) of 7.65% from 2025 to 2033 indicates a significant expansion, with the market size expected to surpass $65 billion by 2033. Key growth drivers include the increasing adoption of connected car technologies, the rise of smartphone integration capabilities, and the growing preference for in-built navigation systems offering real-time traffic updates, route optimization, and points-of-interest information. Market segmentation reveals that the passenger car segment currently dominates, followed by commercial vehicles, with the OEM sales channel holding a larger market share compared to the aftermarket. The preference for larger screen sizes is also driving segment growth, particularly in the 6-10 inch range offering enhanced user experience. Geographic analysis suggests that North America and Europe currently hold significant market share, driven by higher vehicle ownership and advanced technological adoption; however, rapid economic growth and increasing car ownership in Asia Pacific are expected to fuel substantial market expansion in the coming years. Competition within the market is fierce, with key players such as Denso, Visteon, TomTom, LG Electronics, and others constantly innovating to enhance functionalities, improve user interfaces, and offer competitive pricing strategies.
Automotive GPS System Market Market Size (In Billion)
Challenges to the market's growth include the rising costs associated with advanced GPS technology integration and the increasing availability of free navigation apps on smartphones. However, these challenges are expected to be mitigated by the continuous development of more affordable yet feature-rich systems and the growing awareness among consumers of the benefits of dedicated in-vehicle navigation over smartphone-based alternatives – particularly regarding safety and reliability during driving. The increasing demand for enhanced safety features, such as lane departure warnings and emergency response systems, that are often integrated with GPS systems further contribute to market growth. The ongoing evolution of GPS technology towards augmented reality navigation and integration with autonomous driving systems promises even greater market expansion in the long term. Successful players will need to prioritize technological innovation, strategic partnerships, and efficient supply chain management to maintain a competitive edge in this dynamic market landscape.
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, offering invaluable insights for industry stakeholders. Covering the period from 2019 to 2033, with 2025 as the base year, this report meticulously examines market structure, competitive dynamics, industry trends, and future growth potential. The report forecasts a market valued at xx Million by 2033, presenting detailed segmentation and analysis across various parameters.
Automotive GPS System Market Structure & Competitive Dynamics
The Automotive GPS System market exhibits a moderately concentrated structure, with key players like Denso Corporation, Visteon Corporation, TomTom International BV, and Robert Bosch GmbH holding significant market share. Innovation ecosystems are vibrant, driven by advancements in mapping technologies, cloud-based navigation, and integration with in-vehicle infotainment (IVI) systems. Regulatory frameworks, particularly concerning data privacy and cybersecurity, play a crucial role in shaping market dynamics. Product substitutes, such as smartphone navigation apps, pose a competitive challenge, although the embedded nature of automotive GPS systems ensures ongoing demand. End-user preferences are shifting towards integrated, voice-activated, and highly personalized navigation experiences. M&A activity remains significant, with deal values in recent years reaching xx Million annually, consolidating market share and driving technological integration.
- Market Concentration: Moderate, with top 5 players holding approximately xx% market share.
- Innovation Ecosystems: Strong focus on AI, cloud computing, and enhanced user interfaces.
- Regulatory Frameworks: Growing emphasis on data security and user privacy.
- Product Substitutes: Smartphone navigation apps present a notable competitive threat.
- End-User Trends: Demand for seamless integration, voice control, and personalized experiences.
- M&A Activity: Significant consolidation observed, with annual deal values reaching xx Million.
Automotive GPS System Market Industry Trends & Insights
The Automotive GPS System market is experiencing robust growth, driven by increasing vehicle production, rising consumer disposable incomes, and the expanding adoption of advanced driver-assistance systems (ADAS). Technological disruptions, such as the integration of cloud-based navigation and AI-powered features, are transforming the market landscape. Consumer preferences are shifting towards more intuitive and personalized navigation experiences, pushing manufacturers to enhance user interfaces and offer advanced functionalities. Competitive dynamics are intense, with companies investing heavily in research and development to improve accuracy, reliability, and feature sets. The market is projected to exhibit a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033), with market penetration expected to reach xx% by 2033.
Dominant Markets & Segments in Automotive GPS System Market
The passenger car segment dominates the Automotive GPS System market, accounting for approximately xx% of total revenue. North America and Europe are currently the leading regions, driven by high vehicle ownership rates and strong consumer demand for advanced automotive features.
By Screen Size:
- 6-10 Inches: This segment holds the largest market share, driven by its optimal balance of size and cost-effectiveness.
- More than 10 Inches: Shows strong growth potential driven by the increasing demand for larger, more immersive displays.
- Less than 6 Inches: This segment is gradually declining as consumers prefer larger screens.
By Vehicle Type:
- Passenger Cars: This segment dominates the market due to high vehicle production and consumer demand.
- Commercial Vehicles: Shows steady growth, driven by increasing fleet management and logistics requirements.
By Sales Channel:
- Original Equipment Manufacturers (OEMs): This segment holds the largest market share, fueled by the high demand for factory-installed GPS systems.
- Aftermarket: This segment experiences moderate growth, driven by the demand for upgrades and replacements.
Key drivers for dominance in these segments include robust economic policies that support automotive manufacturing, the development of sophisticated transportation infrastructure, and favorable government regulations.
Automotive GPS System Market Product Innovations
Recent product developments focus on enhanced map data accuracy, seamless smartphone integration, cloud-based services, and advanced voice control capabilities. These innovations are designed to improve user experience, navigation efficiency, and overall safety. The integration of AI and machine learning further enhances navigation functionalities and provides personalized recommendations. Products are increasingly focused on providing a comprehensive ecosystem of connected services, rather than just basic navigation, which is a key competitive advantage.
Report Segmentation & Scope
This report provides detailed market segmentation across three key parameters:
By Screen Size: Less than 6 Inches, 6-10 Inches, More than 10 Inches. Each segment is analyzed in terms of market size, growth projections, and competitive landscape.
By Vehicle Type: Passenger Cars and Commercial Vehicles. Growth projections and competitive dynamics are detailed for each vehicle type.
By Sales Channel: Original Equipment Manufacturers (OEMs) and Aftermarket. Market size, growth forecasts, and competitive dynamics are analyzed for both channels.
Key Drivers of Automotive GPS System Market Growth
Several key factors drive the growth of the Automotive GPS System market:
- Technological Advancements: Continuous improvements in mapping technology, AI, and user interface design.
- Increased Vehicle Production: Growth in global automotive production fuels demand for GPS systems.
- Rising Consumer Demand: Growing consumer preference for advanced features and enhanced safety.
- Government Regulations: Safety regulations in certain regions mandate the use of navigation systems.
Challenges in the Automotive GPS System Market Sector
The Automotive GPS System market faces several challenges:
- High Initial Investment Costs: The development and implementation of advanced GPS systems requires significant investment.
- Data Privacy Concerns: Regulations surrounding data security and user privacy impact market growth.
- Competition from Smartphone Navigation: The availability of free smartphone navigation apps poses a competitive threat.
- Supply Chain Disruptions: Global supply chain uncertainties can affect the availability of components.
Leading Players in 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
Key Developments in Automotive GPS System Market Sector
- August 2023: EVgo Inc. partnered with Amazon to integrate Alexa into EV charging experiences, enhancing user convenience.
- January 2023: Mapbox partnered with Toyota Motor Europe to provide cloud-based navigation, significantly reducing development time.
- May 2022: Volvo Car USA integrated Google built-in features into its 2023 lineup, including Google Maps navigation and Google Assistant.
- April 2022: HERE Technologies provided its navigation solution to Isuzu Trucks for its new truck models, optimizing fleet operations.
Strategic Automotive GPS System Market Outlook
The Automotive GPS System market exhibits significant growth potential, driven by the increasing demand for connected car technologies and the ongoing development of autonomous driving capabilities. Strategic opportunities exist for companies that can develop innovative, user-friendly, and highly integrated navigation systems that cater to the evolving needs of consumers. Focus on enhancing data accuracy, improving user interface design, and integrating advanced features like augmented reality will play a key role in future market success.
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
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
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- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
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- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
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