Car GPS Market
Car GPS Market Global Industry Assessment & Forecast
#
Pages:
160
2021
Nov - 2021
VMR-2021-0553
Segments Covered
By
Type Hardware, Software
-
By
Vehicle Type Passenger, Commercial
-
By
End User OEM, Aftermarket
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
785.24 Million |
 Revenue 2028:
|
1626.57 Million |
 Revenue CAGR
(2021 - 2028): |
8.70% |
Fastest Growing Region (2022 -
2028)
|
Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Car GPS in terms of revenue?
-
The global Car GPS valued at 785.24 Million in 2020 and is expected to reach 1626.57 Million in 2028 growing at a CAGR of 8.70%%.
Which are the prominent players in the market?
-
The prominent players in the market are JVCKENWOOD Corporation, Continental AG, Pioneer Corporation, Mitsubishi Electric, Panasonic Corporation, Alpine Electronics, Denso Corporation, Robert Bosch, TomTom, Sony Corporation..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.70%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Car GPS include
- The growing car sales globally is anticipated to augment the growth of the car GPS market during the forecast period. This is attributable to the rapid urbanization, rising disposable income of the consumers, and improvement in technologies. The emerging economies are major influencers of car GPS navigation system market. This in turn is anticipated to fuel the growth for car GPS market.
- The primary features of car navigation systems are integrating real-time data, map updates, and smartphone integration. Due to the growing accessibility to the internet through smartphones, the demand for navigation systems is growing amongst most ride-hailing apps, which is likely to fuel the car GPS market. GPS devices are largely used by car fleets such as Uber so as to track their drivers and passenger's location or associated activity.
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Car GPS in 2020.
