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In-Dash Navigation System Market by Technology, Vehicle Type & Region


(USGovernment-News.Com, April 24, 2019 ) The In-Dash Navigation System Market, by value, is projected to grow at a CAGR of 12.74% during the forecast period, to reach USD 17.53 billion by 2022.

The automotive industry is at a phase where various electronic devices such as lane departure warning system, adaptive cruise control, and navigation system are being installed in vehicles. The versatility and flexibility offered by automotive embedded systems have taken the electrification of automobiles to a new level. The in-dash navigation system is one of the embedded devices offered by automotive OEMs in most of their vehicle models. The in-dash navigation system uses the global positioning system (GPS) to provide accurate location and directions. Along with the route information, navigation systems can also provide real-time traffic information and weather forecast. The major components of the in-dash navigation system display unit, antenna module, control module, and wiring harness.

Key players in the market include Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), and Delphi Automotive Plc. (UK), TomTom (Netherlands), Garmin(Switzerland), Harman international (US)

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The in-dash navigation system market, by technology type, is dominated by the 2D maps technology in 2017, followed by 3D maps. The market for 2D maps is expected to have a maximum share in the market in the next five years. This can be attributed to the higher costs and complexity in terms of technical expertise of 3D maps technology.

The display units are estimated to have the highest market share followed by control modules, antenna modules, and wiring harness. Whereas by volume the wiring harness is expected to capture the largest market followed by other components. The in-dash navigation systems market is expected to have the highest growth in the emerging markets due to increased adoption rate and high production of vehicles in these regions.

By component type, the in-dash navigation system market is segmented into display units, antenna module, control module, and wiring harness.
The in-dash navigation system market, by vehicle type, is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger car segment accounts for the largest share of this market, followed by light commercial vehicles (LCV) and heavy commercial vehicles (HCV).

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The Asia Pacific is estimated to account for the largest share, by value and volume, of the in-dash navigation system market in 2017. In terms of growth, Asia Pacific is projected to exhibit the highest CAGR as compared to other regions. Developing economies like China and India are expected to play a major role in the backdrop of increasing vehicle production. Also, an increasing number of vehicles on road in the developing economies will also lead to increase in demand real-time traffic and weather information, which will further boost the demand for in-dash navigation systems.


Mr. Shelly Singh


Source: EmailWire.Com


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