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Car GPS Navigation System Market Research Report 2019-2025
Car GPS Navigation System Market receive signals from navigation satellites, which assist in vehicle tracking and positioning. These signals are received from multiple satellites thereby helping in precise positioning of the vehicle.
Car GPS Navigation System Market receive signals from navigation satellites, which assist in vehicle tracking and positioning. These signals are received from multiple satellites thereby helping in precise positioning of the vehicle. The car GPS navigation system includes range of functionalities such as record, save music, and operate climate control functions (if equipped in car). The GPS navigation systems are largely used by transportation and logistics industry.The ability of navigation systems to provide real time traffic data thereby assisting large number of logistic and fleet operators fuel the market. In addition, increase in demands from dependent sectors further propels the market growth. Moreover, rise in car sales worldwide is projected to fuel the growth. However, costs versus functionalities given by these systems restrain the market. In addition, the presence of substitutes to aftermarket navigation systems and the cost versus functionality given by these systems restrain the market. The availability of advanced telecom infrastructure and penetration of wireless communication technology makes way for market growth opportunities.
In 2019, the market size of Car GPS Navigation System is 770 million US$ and it will reach 1450 million US$ in 2025, growing at a CAGR of 8.2% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Research Methodology
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This report studies the global market size of Car GPS Navigation System, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Car GPS Navigation System production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
In global market, the following companies are covered:
- Pioneer Corporation
- Mitsubishi Electric
- Alpine Electronics
- Robert Bosch
- Denso Corporation
- Continental AG
- JVCKENWOOD Corporation
- Panasonic Corporation
- Sony Corporation
Market Segment by Product Type
Market Segment by Application
- Passenger Car
- Commercial Car
Key Regions split in this report: breakdown data for each region.
- United States
- European Union
- Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
- To analyze and research the Car GPS Navigation System status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
In this study, the years considered to estimate the market size of Car GPS Navigation System are as follows:
- History Year: 2014–2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
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