DUBLIN--(BUSINESS WIRE)--The "Global Automotive Navigation Systems Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global automotive navigation systems market to grow at a CAGR of 5.20% during the period 2018-2022.
Global Automotive Navigation Systems Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increased support for open source and standard platforms for application development in automotive infotainment. Traditionally, competition among automotive manufacturers was limited to towing capacity, acceleration, and horsepower of the vehicle. But, recently, there has been a shift in the focus of consumers and OEMs from what is under the hood to what is behind the vehicle's dashboard.
According to the report, one driver in the market is increased customer awareness about the benefits of automotive navigation systems in the overall ownership cost reduction. For any end-user, the main concern with vehicle management is the overall running cost of the vehicle. The navigation system vendors promise reduced running costs as a benefit of using their personal navigation systems in vehicles.
Further, the report states that one challenge in the market is product life cycle mismatch of infotainment-based navigation systems with passenger's smartphones. Technological advances in vehicles often take years to get commercialized. Therefore, automobile manufacturers and automotive infotainment manufacturers are not able to match up with the pace of smartphone updates.
Market Trends
- Increased support for open source and standard platforms for application development in automotive infotainment
- Intelligence-integrated personal navigation systems
- Connected vehicle technology on the horizon of automotive navigation systems
- eCall and insurance telematics features
- HD Maps for the autonomous future
Key vendors
- Garmin
- TomTom International
- HERE
- NNG Software Developing and Commercial
- Pioneer Corporation
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation By Navigation System Type
Part 09: Market Segmentation By Vehicle Type
Part 10: Customer Landscape
Part 11: Regional Landscape
Part 12: Decision Framework
Part 13: Drivers And Challenges
Part 14: Market Trends
Part 15: Vendor Landscape
Part 16: Vendor Analysis
Part 17: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/rdcmgw/global_automotive?w=4
