Why is the demand for in-dash navigation systems rising?

The in-dash navigation systems device segment in the market accounted for over 39% share in 2023 and will exceed USD 25 billion by 2032, as they provide a bigger, dedicated display that is easier to view than a smartphone screen.

Why is the automotive navigation system industry booming in North America?

North America automotive navigation system market held 30% share in 2023 and will expand rapidly through 2032, owing to the higher automobile ownership rate.

Who are the major automotive navigation system industry players?

Alpine Electronics Inc, TomTom International BV, Garmin Ltd, Kenwood Corporation, Sony Corporation, Panasonic Corporation, Aisin Seiki Co. Ltd, Fujitsu Ten Limited, HERE Technologies, and Mitsubishi Electric Corporation among others.

How much is the automotive navigation system industry worth?

The automotive navigation system market was valued at USD 31.8 billion in 2023 and will register over 8% CAGR between 2024 and 2032, driven by the increasing demand for in-vehicle features.

Automotive Navigation System Market Share

Report ID: GMI9520

Published Date: May 2024

Report Format: PDF

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Automotive Navigation System Market Share

Robert Bosch, Denso, and TomTom International hold over 27% market share dominating the market through their extensive expertise, innovative technologies, and global reach. Robert Bosch, a renowned automotive supplier, offers a wide range of navigation solutions integrated into vehicles worldwide. Denso, a leading automotive technology provider, specializes in navigation systems with a focus on precision and reliability. TomTom International, a prominent navigation technology company, provides mapping and navigation software solutions utilized by automotive manufacturers.

These companies leverage their strong R&D capabilities, strategic partnerships, and robust distribution networks to capture a significant share of the market. Their comprehensive product portfolios, reputation for quality, and commitment to advancing navigation technology further solidify their dominance in the market, shaping the industry's direction and driving innovation in navigation solutions for vehicles globally.

Automotive Navigation System Market Companies

Major players operating in the automotive navigation system industry are:

Robert Bosch GmbH
Denso Corporation
Pioneer Corporation
Alpine Electronics Inc.
TomTom International BV
Garmin Ltd.
Kenwood Corporation
Sony Corporation
Panasonic Corporation
Aisin Seiki Co. Ltd.
Fujitsu Ten Limited
HERE Technologies
Mitsubishi Electric Corporation
Continental AG
Aptiv PLC
Harman International Industries

Authors: Preeti Wadhwani,

Frequently Asked Question(FAQ) :

Why is the demand for in-dash navigation systems rising?: The in-dash navigation systems device segment in the market accounted for over 39% share in 2023 and will exceed USD 25 billion by 2032, as they provide a bigger, dedicated display that is easier to view than a smartphone screen.
Why is the automotive navigation system industry booming in North America?: North America automotive navigation system market held 30% share in 2023 and will expand rapidly through 2032, owing to the higher automobile ownership rate.
Who are the major automotive navigation system industry players?: Alpine Electronics Inc, TomTom International BV, Garmin Ltd, Kenwood Corporation, Sony Corporation, Panasonic Corporation, Aisin Seiki Co. Ltd, Fujitsu Ten Limited, HERE Technologies, and Mitsubishi Electric Corporation among others.
How much is the automotive navigation system industry worth?: The automotive navigation system market was valued at USD 31.8 billion in 2023 and will register over 8% CAGR between 2024 and 2032, driven by the increasing demand for in-vehicle features.

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Authors: Preeti Wadhwani,

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Base Year: 2023

Companies covered: 20

Tables & Figures: 300

Countries covered: 25

Pages: 250

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Automotive Navigation System Market Share

Automotive Navigation System Market Share

Automotive Navigation System Market Companies

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