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In-dash Navigation System Market Trends

  • Report ID: GMI11746
  • Published Date: Oct 2024
  • Report Format: PDF

In-dash Navigation System Market Trends

The demand for vehicle connectivity solutions is growing as vehicles become digital hubs. Consumers now expect real-time access to navigation, traffic updates, weather forecasts, and vehicle diagnostics through a connected interface. This trend is driven by advancements in the Internet of Things (IoT), 5G networks, and vehicle-to-everything (V2X) communication, which enable vehicles to interact with external infrastructure, other vehicles, and smart devices. Connected vehicles offer enhanced safety features such as over-the-air software updates, predictive maintenance, and advanced driver assistance systems (ADAS), making driving smarter, safer, and more convenient. Automakers and technology providers are investing heavily in connectivity solutions to meet consumer demands for digital integration, autonomous driving, and smart mobility.
 

However, the high costs of advanced navigation systems are a significant challenge, especially for mid-range and economy vehicles. These systems include high-definition 3D maps, augmented reality (AR) overlays, real-time traffic updates, and cloud-based services, which increase development, hardware, and software costs. Features like large touchscreen displays and AI-driven functionalities add to the expense.
 

Automakers must balance these costs while offering competitive pricing, particularly in emerging markets where price sensitivity is high. The cost issue also affects the aftermarket, as retrofitting vehicles with advanced systems can be too expensive for many users. Consequently, while demand for high-tech in-dash navigation systems is growing, their high costs limit accessibility to premium and luxury vehicle segments, slowing broader market adoption.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of in-dash navigation system reached USD 12.5 billion in 2023 and is set to grow at a CAGR of over 8% from 2024 to 2032, driven by the increasing demand for advanced infotainment systems.

In 2023, the display unit accounted for over 35% of the market share and is expected to exceed USD 10 billion by 2032. Display units have evolved from simple screens to advanced high-definition touchscreens, serving as the main interface for navigation, entertainment, and vehicle information.

The OEM segment held 87.7% of the market share in 2023, due to their strategic advantages in integrating advanced navigation technologies directly into new vehicles during the manufacturing process.

The U.S. market accounted for 75% of the revenue share in 2023, owing to consumer preferences for connectivity, safety, and convenience.

Major players in the industry include Alpine Electronics, Inc., Continental AG, Delphi Technologies, Denso Corporation, DXC Technology Company, Garmin Ltd., Harman International, JVCKENWOOD Corporation, Pioneer Corporation, and Robert Bosch GmbH.

In-dash Navigation System Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 280
  • Countries covered: 21
  • Pages: 170
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