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Global Car GPS Navigation System Market Size study & Forecast, by Car Type (Passenger Car, Commercial Car), by Component (Hardware, Software), by End User (OEM, Aftermarket), and Regional Analysis, 2023-2030

December 2023 | 200 pages | ID: GB98C9C5E9FCEN
Bizwit Research & Consulting LLP

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Global Car GPS Navigation System Market is valued at approximately USD 1.01 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.66% over the forecast period 2023-2030. A car GPS navigation system is a device that uses the Global Positioning System (GPS) to provide turn-by-turn directions to a destination. Car GPS Navigation System is a GPS receiver with an audio and video component that receives satellite signals to help with automobile tracking and location GPS navigation systems are available in a variety of forms, including portable devices, built-in systems, and smartphone apps. The Car GPS Navigation System market is expanding because of factors such as the growth in popularity of vehicles with advanced safety coupled with the rise in the adoption of car sharing systems. However, the high cost of GPS navigation system and the increase in concern for data privacy tends to lower the market.

The growth in popularity of vehicles with advanced safety and the rise in the adoption of car sharing has resulted in the market growth. According to Statista 2022, the global sector for automotive safety systems reached USD 93.28 billion in 2021, and it is projected to expand to USD 127.2 billion by 2027.

This growth is driven by the increasing adoption of advanced safety features in vehicles, reflecting a rising demand for enhanced automotive safety. Moreover, the increase in the adoption of electric and hybrid vehicles and the rise in the trend of connected car devices further act as a growing factor for the market. According to Statista 2023, the Electric Vehicles sector is anticipated to achieve a revenue of USD 561.3 billion in 2023, with an estimated annual growth rate of 10.07% during the forecast period. The expansion of electric vehicles is a driving force behind the increasing emphasis on automotive safety, which in turn is expected to contribute to the overall market growth.

The key regions considered for the Global Car GPS Navigation System Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 due to the increasing demand for GPS navigation systems and the steady rise in automobile sales within the region, fostering market growth. Furthermore, government initiatives focused on ensuring GPS integration in all vehicles have also played a role in this growth. Meanwhile, the Asia-Pacific region is poised for significant expansion in the foreseeable future. This is attributed to the presence of major automotive manufacturing hubs in developing countries like Japan, India, and China. Additionally, economic growth, urbanization, and evolving consumer lifestyles in these developing nations have contributed to the market's overall growth..

Major market player included in this report are:

Aisin Corporation

Alpine Electronics Inc.

Faurecia Clarion Electronics Co., Ltd.

Mitsubishi Electric Corporation

DENSO Corporation

Continental AG

Garmin Ltd.

JVCKenwood Corporation

Panasonic Holdings Corporation

Sony Group Corporation

Recent Developments in the Market:
  • In Alpine Electronics partnered with Furuno Electric Co. to jointly create the UMSZ6 Series GNSS1 Module, which delivers precise vehicle positioning with an impressive accuracy level of 50 cm. The exceptional accuracy of this module serves as a compelling incentive for consumers to invest in this technology.
Global Car GPS Navigation System Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered - Car Type, Component, End User, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Car Type:

Passenger Car

Commercial Car

By Component:

Hardware

Software

By Ens User:

OEM

Aftermarket

By Distribution Channel:

Hospitals

Retail Pharmacies

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Car GPS Navigation System Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Car GPS Navigation System Market, by Car Type, 2020-2030 (USD Billion)
  1.2.3. Car GPS Navigation System Market, by Component, 2020-2030 (USD Billion)
  1.2.4. Car GPS Navigation System Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET DYNAMICS

3.1. Car GPS Navigation System Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Growth in popularity of vehicles with advanced safety
    3.1.1.2. Rise in adoption of car sharing
  3.1.2. Market Challenges
    3.1.2.1. High cost of GPS navigation system
    3.1.2.2. Increase in concern about data privacy
  3.1.3. Market Opportunities
    3.1.3.1. Increase in adoption of electric and hybrid vehicle
    3.1.3.2. Rise in trend of connected car devices

CHAPTER 4. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET, BY CAR TYPE

5.1. Market Snapshot
5.2. Global Car GPS Navigation System Market by Car Type, Performance - Potential Analysis
5.3. Global Car GPS Navigation System Market Estimates & Forecasts by Car Type 2020-2030 (USD Billion)
5.4. Car GPS Navigation System Market, Sub Segment Analysis
  5.4.1. Passenger Car
  5.4.2. Commercial Car

CHAPTER 6. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET, BY COMPONENT

6.1. Market Snapshot
6.2. Global Car GPS Navigation System Market by Component, Performance - Potential Analysis
6.3. Global Car GPS Navigation System Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
6.4. Car GPS Navigation System Market, Sub Segment Analysis
  6.4.1. Hardware
  6.4.2. Software

CHAPTER 7. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET, BY END USER

7.1. Market Snapshot
7.2. Global Car GPS Navigation System Market by End User, Performance - Potential Analysis
7.3. Global Car GPS Navigation System Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
7.4. Car GPS Navigation System Market, Sub Segment Analysis
  7.4.1. OEM
  7.4.2. Aftermarket

CHAPTER 8. GLOBAL CAR GPS NAVIGATION SYSTEM MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Car GPS Navigation System Market, Regional Market Snapshot
8.4. North America Car GPS Navigation System Market
  8.4.1. U.S. Car GPS Navigation System Market
    8.4.1.1. Car Type breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Component breakdown estimates & forecasts, 2020-2030
    8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Car GPS Navigation System Market
8.5. Europe Car GPS Navigation System Market Snapshot
  8.5.1. U.K. Car GPS Navigation System Market
  8.5.2. Germany Car GPS Navigation System Market
  8.5.3. France Car GPS Navigation System Market
  8.5.4. Spain Car GPS Navigation System Market
  8.5.5. Italy Car GPS Navigation System Market
  8.5.6. Rest of Europe Car GPS Navigation System Market
8.6. Asia-Pacific Car GPS Navigation System Market Snapshot
  8.6.1. China Car GPS Navigation System Market
  8.6.2. India Car GPS Navigation System Market
  8.6.3. Japan Car GPS Navigation System Market
  8.6.4. Australia Car GPS Navigation System Market
  8.6.5. South Korea Car GPS Navigation System Market
  8.6.6. Rest of Asia Pacific Car GPS Navigation System Market
8.7. Latin America Car GPS Navigation System Market Snapshot
  8.7.1. Brazil Car GPS Navigation System Market
  8.7.2. Mexico Car GPS Navigation System Market
8.8. Middle East & Africa Car GPS Navigation System Market
  8.8.1. Saudi Arabia Car GPS Navigation System Market
  8.8.2. South Africa Car GPS Navigation System Market
  8.8.3. Rest of Middle East & Africa Car GPS Navigation System Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Aisin Corporation
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. Alpine Electronics Inc.
  9.3.3. Faurecia Clarion Electronics Co., Ltd.
  9.3.4. Mitsubishi Electric Corporation
  9.3.5. DENSO Corporation
  9.3.6. Continental AG
  9.3.7. Garmin Ltd.
  9.3.8. JVCKenwood Corporation
  9.3.9. Panasonic Holdings Corporation
  9.3.10. Sony Group Corporation

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Car GPS Navigation System Market, report scope
TABLE 2. Global Car GPS Navigation System Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Car GPS Navigation System Market estimates & forecasts by Car Type 2020-2030 (USD Billion)
TABLE 4. Global Car GPS Navigation System Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 5. Global Car GPS Navigation System Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 6. Global Car GPS Navigation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Car GPS Navigation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Car GPS Navigation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Car GPS Navigation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Car GPS Navigation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Car GPS Navigation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Car GPS Navigation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Car GPS Navigation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Car GPS Navigation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Car GPS Navigation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Car GPS Navigation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Car GPS Navigation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. 12. List of secondary sources, used in the study of global Car GPS Navigation System Market
TABLE 71. 12. List of primary sources, used in the study of global Car GPS Navigation System Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Car GPS Navigation System Market, research methodology
FIG 2. Global Car GPS Navigation System Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Car GPS Navigation System Market, key trends 2022
FIG 5. Global Car GPS Navigation System Market, growth prospects 2023-2030
FIG 6. Global Car GPS Navigation System Market, porters 5 force model
FIG 7. Global Car GPS Navigation System Market, pest analysis
FIG 8. Global Car GPS Navigation System Market, value chain analysis
FIG 9. Global Car GPS Navigation System Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Car GPS Navigation System Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Car GPS Navigation System Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Car GPS Navigation System Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Car GPS Navigation System Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Car GPS Navigation System Market, regional snapshot 2020 & 2030
FIG 15. North America Car GPS Navigation System Market 2020 & 2030 (USD Billion)
FIG 16. Europe Car GPS Navigation System Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Car GPS Navigation System Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Car GPS Navigation System Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Car GPS Navigation System Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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