The Automotive Navigation Systems Market Size was valued at USD 34 billion in 2023 and is expected to reach USD 60.18 billion by 2031 and grow at a CAGR of 7.4% over the forecast period 2024-2031.
The Automotive Navigation Systems Market provides in-vehicle technology to guide drivers using satellite navigation, maps, and real-time traffic data. This market is fueled by a growing desire for convenient features that enhance the driving experience.
Get More Information on MEMS Gyroscopes Market - Request Free Sample Report
The navigation systems are primarily embedded within the car's dashboard but can also be accessed through smartphone integration. With increasing traffic congestion, especially in urban areas, navigation systems offer valuable assistance. The market is driven by the desire for a connected car experience, with features like real-time traffic updates and integration with points of interest. Opportunities lie in developing more user-friendly interfaces, advanced features like augmented reality overlays, and even personalization options for the navigation experience. This market caters not just to private car owners but also to fleet management companies and professional drivers seeking optimized routes and improved efficiency.
KEY DRIVERS:
Real-time Traffic Data and Infrastructure Development Drive Automotive Navigation Systems Market Growth
The automotive navigation systems market thrives on drivers' desire to beat traffic. Real-time data from car GPS systems helps them avoid congestion and navigate more efficiently. This, combined with increased government investment in improved roads and infrastructure, is driving market growth. However, some challenges remain. Smartphone navigation offers a cheaper alternative, and some drivers might find in-dash systems less user-friendly or expensive. Despite these hurdles, the future looks bright as navigation systems become more sophisticated, seamlessly integrating with the driving experience.
Growing Demand for Logistics, Rising Middle Class in Emerging Economies, and Increased Investment Fuel Automotive Navigation Systems Market
RESTRAINTS:
High-tech navigation systems can make cars more expensive, potentially deterring budget-minded buyers especially in developing countries.
The advanced navigation systems provide a clear advantage but their high cost can be a barrier. This is especially true in developing nations, where price sensitivity is high. Advanced features can significantly increase a car's initial price tag, potentially deterring budget-conscious buyers from opting for vehicles with navigation systems. This creates a problem for the market to fully penetrate these regions, as affordability becomes a key factor for consumers.
Satellite Signal Obstructions Limit Navigation Accuracy in Dense Urban Areas and Remote Locations
OPPORTUNITIES:
Navigation systems can connect with parking apps, charging station locators, and traffic management systems for a seamless driving experience.
Navigation data can be used to power ADAS features like lane departure warnings and adaptive cruise control.
CHALLENGES:
Advanced navigation systems can significantly increase a car's price tag, limiting adoption in budget-conscious markets.
Dense urban areas and remote locations with weak satellite signals can disrupt navigation accuracy.
The Russia-Ukraine war has disrupted the Automotive Navigation Systems Market, impacting both supply and demand. Disruptions in the supply chain, particularly due to the importance of neon gas and palladium from the region in chip production, have limited the number of navigation systems reaching manufacturers. This has coincided with a decrease in overall car production due to rising costs and economic uncertainty. The is a decline in global navigation system market share by around 5-7%. The war has also indirectly impacted consumer demand. With rising fuel prices and inflation, consumers are generally spending less on discretionary purchases, which could include new cars with navigation systems.
An economic slowdown significantly impacts the Automotive Navigation Systems Market. The economic downturn translates to limited consumer budgets, leading to a decline in new car purchases. This directly impacts in-dash navigation systems, typically bundled with new vehicles, potentially dropping their market share by around 10-15%. The Existing car owners might postpone upgrading their navigation systems with features like real-time traffic or voice assistance. This could cause a stagnation or decline in 5-7% in the aftermarket segment. During economic downturns consumers might opt for cheaper alternatives like free smartphone navigation apps, further eroding market share, particularly for portable devices, which could see a decline of 8-12%.
By Vehicle Type
Passenger Cars
Commercial Vehicles
Passenger Cars is the dominating sub-segment in the Automotive Navigation Systems Market by vehicle type holding around 70-75% of market share. Passenger cars account for a larger share of global vehicle sales compared to commercial vehicles. Consumers prioritizing comfort and convenience features like navigation systems are more likely to purchase them for personal use in passenger cars.
Get Customized Report as per your Business Requirement - Request For Customized Report
By Sales Channel
Original Equipment Manufacturers (OEMs)
Aftermarket
Original Equipment Manufacturers (OEMs) is the dominating sub-segment in the Automotive Navigation Systems Market by sales channel holding around 60-65% of market share. OEMs pre-install navigation systems in new vehicles, offering seamless integration with the car's overall electronics and user interface. This convenience is a major factor driving consumer preference for OEM-installed systems.
By Screen Size
Less than 6 Inches
6-10 Inches
More than 10 Inches
6-10 Inches is the dominating sub-segment in the Automotive Navigation Systems Market by screen size holding around 55-60% of market share. This screen size offers a good balance between providing clear visibility of maps and information while maintaining a sleek and ergonomic design for the car's dashboard. Smaller screens can be difficult to see, while larger ones can overwhelm the driver and take up valuable dashboard space.
The Asia Pacific is the dominating region in the Automotive Navigation Systems Market, holding around 40-45% of share. This dominance is fueled by a booming car ownership trend, particularly in giants like China and India. Rising disposable incomes and a growing desire for in-vehicle features further propel the market in this region.
Europe is the second highest region in this market leveraging its established automotive industry's focus on safety and technology. Regulations mandating navigation systems in some European countries solidify its strong market position.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Clarion Corporation (US)-Company Financial Analysis
The major key players are Robert Bosch GmbH (Germany), Clarion Corporation (US), Continental AG (Germany), Delphi Technologies (UK), AISIN SEIKI Co., Ltd (Japan), Denso Corporation (Japan), Garmin Ltd (US), Pioneer Corporation (US), Harman International Industries, Inc. (the US), HERE Technologies (US), JVC Kenwood Corporation (Japan), Telenav, Inc. (the US), TomTom N.V. (US), NNG Software Developing and Commercial Llc. (Hungary), Alpine Electronics, Inc., (Japan) and other key players.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 34 Billion |
| Market Size by 2031 | US$ 60.18 Billion |
| CAGR | CAGR of 7.4% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Vehicle Type (Passenger Cars, Commercial Vehicles) • By Sales Channel (Original Equipment Manufacturers, Aftermarket) • By Screen Size (Less than 6 Inches, 6-10 Inches, More than 10 Inches) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America |
| Company Profiles | Robert Bosch GmbH (Germany), Clarion Corporation (US), Continental AG (Germany), Delphi Technologies (UK), AISIN SEIKI Co., Ltd (Japan), Denso Corporation (Japan), Garmin Ltd (US), Pioneer Corporation (US), Harman International Industries, Inc. (the US), HERE Technologies (US), JVC Kenwood Corporation (Japan), Telenav, Inc. (the US), TomTom N.V. (US), NNG Software Developing and Commercial Llc. (Hungary), and Alpine Electronics, Inc., (Japan) |
| Key Drivers | • Smartphone integration with IVS is driving growth in the automotive navigation systems market. • Increased demand for wireless connectivity and smartphones and tablets will boost connected car sales. |
| RESTRAINTS | • Navigating system costs are prohibitive. • Low-cost alternatives, such as portable GPS systems, may restrain the market's expansion. |
Automotive Navigation Systems Function is to monitor and manage the movement of the vehicle while it travels from one area to another. To determine one's location while driving, one can make use of what is known as an automotive navigation system.
Automotive Navigation Systems Market Size was valued at USD 34 billion in 2023.
The prominent players are, Robert Bosch GmbH (Germany), Clarion Corporation (US), Continental AG (Germany), Delphi Technologies (UK), AISIN SEIKI Co., Ltd (Japan), Denso Corporation (Japan), Garmin Ltd (US), Pioneer Corporation (US), Harman International Industries, Inc. (the US), HERE Technologies (US), JVC Kenwood Corporation (Japan), Telenav, Inc. (the US), TomTom N.V. (US), and others.
The forecast period of the Automotive Navigation Systems Market is 2023-2031.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Automotive Navigation Systems Market Segmentation, By Vehicle Type
9.1 Introduction
9.2 Trend Analysis
9.3 Passenger Cars
9.4 Commercial Vehicles
10. Automotive Navigation Systems Market Segmentation, By Sales Channel
10.1 Introduction
10.2 Trend Analysis
10.3 Original Equipment Manufacturers (OEMs)
10.4 Aftermarket
11. Automotive Navigation Systems Market Segmentation, By Screen Size
11.1 Introduction
11.2 Trend Analysis
11.3 Less than 6 Inches
11.4 6-10 Inches
11.5 More than 10 Inches
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Automotive Navigation Systems Market, By Country
12.2.3 North America Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.2.4 North America Automotive Navigation Systems Market Segmentation, By Sales Channel
12.2.5 North America Automotive Navigation Systems Market Segmentation, By Screen Size
12.2.6 USA
12.2.6.1 USA Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.2.6.2 USA Automotive Navigation Systems Market Segmentation, By Sales Channel
12.2.6.3 USA Automotive Navigation Systems Market Segmentation, By Screen Size
12.2.7 Canada
12.2.7.1 Canada Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.2.7.2 Canada Automotive Navigation Systems Market Segmentation, By Sales Channel
12.2.7.3 Canada Automotive Navigation Systems Market Segmentation, By Screen Size
12.2.8 Mexico
12.2.8.1 Mexico Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.2.8.2 Mexico Automotive Navigation Systems Market Segmentation, By Sales Channel
12.2.8.3 Mexico Automotive Navigation Systems Market Segmentation, By Screen Size
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Automotive Navigation Systems Market, By Country
12.3.2.2 Eastern Europe Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.2.3 Eastern Europe Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.2.4 Eastern Europe Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.2.5 Poland
12.3.2.5.1 Poland Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.2.5.2 Poland Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.2.5.3 Poland Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.2.6 Romania
12.3.2.6.1 Romania Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.2.6.2 Romania Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.2.6.4 Romania Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.2.7 Hungary
12.3.2.7.1 Hungary Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.2.7.2 Hungary Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.2.7.3 Hungary Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.2.8 Turkey
12.3.2.8.1 Turkey Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.2.8.2 Turkey Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.2.8.3 Turkey Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.2.9.2 Rest of Eastern Europe Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.2.9.3 Rest of Eastern Europe Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3 Western Europe
12.3.3.1 Western Europe Automotive Navigation Systems Market, By Country
12.3.3.2 Western Europe Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.3 Western Europe Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.4 Western Europe Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3.5 Germany
12.3.3.5.1 Germany Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.5.2 Germany Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.5.3 Germany Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3.6 France
12.3.3.6.1 France Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.6.2 France Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.6.3 France Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3.7 UK
12.3.3.7.1 UK Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.7.2 UK Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.7.3 UK Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3.8 Italy
12.3.3.8.1 Italy Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.8.2 Italy Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.8.3 Italy Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3.9 Spain
12.3.3.9.1 Spain Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.9.2 Spain Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.9.3 Spain Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.10.2 Netherlands Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.10.3 Netherlands Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.11.2 Switzerland Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.11.3 Switzerland Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3.1.12 Austria
12.3.3.12.1 Austria Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.12.2 Austria Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.12.3 Austria Automotive Navigation Systems Market Segmentation, By Screen Size
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.3.3.13.2 Rest of Western Europe Automotive Navigation Systems Market Segmentation, By Sales Channel
12.3.3.13.3 Rest of Western Europe Automotive Navigation Systems Market Segmentation, By Screen Size
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Automotive Navigation Systems Market, By Country
12.4.3 Asia-Pacific Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.4.4 Asia-Pacific Automotive Navigation Systems Market Segmentation, By Sales Channel
12.4.5 Asia-Pacific Automotive Navigation Systems Market Segmentation, By Screen Size
12.4.6 China
12.4.6.1 China Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.4.6.2 China Automotive Navigation Systems Market Segmentation, By Sales Channel
12.4.6.3 China Automotive Navigation Systems Market Segmentation, By Screen Size
12.4.7 India
12.4.7.1 India Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.4.7.2 India Automotive Navigation Systems Market Segmentation, By Sales Channel
12.4.7.3 India Automotive Navigation Systems Market Segmentation, By Screen Size
12.4.8 Japan
12.4.8.1 Japan Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.4.8.2 Japan Automotive Navigation Systems Market Segmentation, By Sales Channel
12.4.8.3 Japan Automotive Navigation Systems Market Segmentation, By Screen Size
12.4.9 South Korea
12.4.9.1 South Korea Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.4.9.2 South Korea Automotive Navigation Systems Market Segmentation, By Sales Channel
12.4.9.3 South Korea Automotive Navigation Systems Market Segmentation, By Screen Size
12.4.10 Vietnam
12.4.10.1 Vietnam Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.4.10.2 Vietnam Automotive Navigation Systems Market Segmentation, By Sales Channel
12.4.10.3 Vietnam Automotive Navigation Systems Market Segmentation, By Screen Size
12.4.11 Singapore
12.4.11.1 Singapore Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.4.11.2 Singapore Automotive Navigation Systems Market Segmentation, By Sales Channel
12.4.11.3 Singapore Automotive Navigation Systems Market Segmentation, By Screen Size
12.4.12 Australia
12.4.12.1 Australia Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.4.12.2 Australia Automotive Navigation Systems Market Segmentation, By Sales Channel
12.4.12.3 Australia Automotive Navigation Systems Market Segmentation, By Screen Size
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.4.13.2 Rest of Asia-Pacific Automotive Navigation Systems Market Segmentation, By Sales Channel
12.4.13.3 Rest of Asia-Pacific Automotive Navigation Systems Market Segmentation, By Screen Size
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Automotive Navigation Systems Market, By Country
12.5.2.2 Middle East Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.2.3 Middle East Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.2.4 Middle East Automotive Navigation Systems Market Segmentation, By Screen Size
12.5.2.5 UAE
12.5.2.5.1 UAE Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.2.5.2 UAE Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.2.5.3 UAE Automotive Navigation Systems Market Segmentation, By Screen Size
12.5.2.6 Egypt
12.5.2.6.1 Egypt Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.2.6.2 Egypt Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.2.6.3 Egypt Automotive Navigation Systems Market Segmentation, By Screen Size
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.2.7.2 Saudi Arabia Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.2.7.3 Saudi Arabia Automotive Navigation Systems Market Segmentation, By Screen Size
12.5.2.8 Qatar
12.5.2.8.1 Qatar Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.2.8.2 Qatar Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.2.8.3 Qatar Automotive Navigation Systems Market Segmentation, By Screen Size
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.2.9.2 Rest of Middle East Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.2.9.3 Rest of Middle East Automotive Navigation Systems Market Segmentation, By Screen Size
12.5.3 Africa
12.5.3.1 Africa Automotive Navigation Systems Market, By Country
12.5.3.2 Africa Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.3.3 Africa Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.3.4 Africa Automotive Navigation Systems Market Segmentation, By Screen Size
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.3.5.2 Nigeria Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.3.5.3 Nigeria Automotive Navigation Systems Market Segmentation, By Screen Size
12.5.3.6 South Africa
12.5.3.6.1 South Africa Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.3.6.2 South Africa Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.3.6.3 South Africa Automotive Navigation Systems Market Segmentation, By Screen Size
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.5.3.7.2 Rest of Africa Automotive Navigation Systems Market Segmentation, By Sales Channel
12.5.3.7.3 Rest of Africa Automotive Navigation Systems Market Segmentation, By Screen Size
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Automotive Navigation Systems Market, By Country
12.6.3 Latin America Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.6.4 Latin America Automotive Navigation Systems Market Segmentation, By Sales Channel
12.6.5 Latin America Automotive Navigation Systems Market Segmentation, By Screen Size
12.6.6 Brazil
12.6.6.1 Brazil Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.6.6.2 Brazil Automotive Navigation Systems Market Segmentation, By Sales Channel
12.6.6.3 Brazil Automotive Navigation Systems Market Segmentation, By Screen Size
12.6.7 Argentina
12.6.7.1 Argentina Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.6.7.2 Argentina Automotive Navigation Systems Market Segmentation, By Sales Channel
12.6.7.3 Argentina Automotive Navigation Systems Market Segmentation, By Screen Size
12.6.8 Colombia
12.6.8.1 Colombia Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.6.8.2 Colombia Automotive Navigation Systems Market Segmentation, By Sales Channel
12.6.8.3 Colombia Automotive Navigation Systems Market Segmentation, By Screen Size
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Automotive Navigation Systems Market Segmentation, By Vehicle Type
12.6.9.2 Rest of Latin America Automotive Navigation Systems Market Segmentation, By Sales Channel
12.6.9.3 Rest of Latin America Automotive Navigation Systems Market Segmentation, By Screen Size
13. Company Profiles
13.1 Robert Bosch GmbH (Germany)
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Test Application/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Clarion Corporation (US)
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Test Application / Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Continental AG (Germany)
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Test Application / Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Delphi Technologies (UK)
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Test Application / Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 AISIN SEIKI Co., Ltd (Japan)
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Test Application/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Denso Corporation (Japan)
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Test Application/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Garmin Ltd (US)
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Test Application/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Pioneer Corporation (US)
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Test Application/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Harman International Industries, Inc. (the US)
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Test Application/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 HERE Technologies (US)
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Test Application/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 JVC Kenwood Corporation (Japan)
13.11.1 Company Overview
13.11.2 Financial
13.11.3 Test Application/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
13.12 Telenav, Inc. (the US)
13.12.1 Company Overview
13.12.2 Financial
13.12.3 Test Application/ Services Offered
13.12.4 SWOT Analysis
13.12.5 The SNS View
13.13 TomTom N.V. (US)
13.13.1 Company Overview
13.13.2 Financial
13.13.3 Test Application/ Services Offered
13.13.4 SWOT Analysis
13.13.5 The SNS View
13.14 NNG Software Developing and Commercial Llc. (Hungary)
13.14.1 Company Overview
13.14.2 Financial
13.14.3 Test Application/ Services Offered
13.14.4 SWOT Analysis
13.14.5 The SNS View
13.15 Alpine Electronics, Inc., (Japan)
13.15.1 Company Overview
13.15.2 Financial
13.15.3 Test Application/ Services Offered
13.15.4 SWOT Analysis
13.15.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Automotive Repair and Maintenance Services Market Size was valued at USD 912.5 billion in 2023 and is Expected to reach USD 1615.35 billion by 2031
Teen Driver Technology market size was valued at USD 2.52 billion in 2023 and is expected to reach at USD 4.37 billion by 2031, and grow at a CAGR of 7.1% over the forecast period of 2024-2031.
The Train Battery Market was USD 383.7 billion in 2023 and is expected to reach USD 603.16 billion by 2032, with growing at a CAGR of 5.18% by 2024-2032.
The Ultra High-Performance Tire Market Size was USD 13.29 billion in 2023 & will reach USD 34 billion by 2032 and grow at a CAGR of 11% by 2024-2032
The Automotive Smart Antenna Market Size was valued at USD 2.8 billion in 2023 and is expected to reach USD 6.36 billion by 2031 and grow at a CAGR of 10.8% over the forecast period 2024-2031.
The E-bikes Market size was valued at USD 49 billion in 2023 and is expected to reach USD 72.39 billion by 2031 and grow at a CAGR of 5% by 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
