North America Automotive Navigation Systems Market Expected to Grow by 1.57 Million Units

NEW YORK, February 15, 2022 /PRNewswire/ — The latest report on the automotive navigation systems market in North America by Technavio concludes that the preference for in-vehicle navigation systems over external devices is driving the growth of this market, resulting in market growth of 1.57 million units from 2021 to 2026.

Technavio has announced its latest market research report titled North America Automotive Navigation Systems Market by Product, Type and Geography – Forecast and Analysis 2022-2026

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The Automotive Navigation Systems Market Report North America covers the following areas:

Supplier Landscape
The market structure is expected to remain fragmented over the forecast period. Vendors are deploying different organic and inorganic growth strategies to compete in the market.

Aisin Corp., Continental AG, DENSO Corp., Faurecia SE, JVCKENWOOD Corp., Mitsubishi Electric Corp., Pioneer Corp., Renault sas, Robert Bosch GmbH, and TomTom International BV, among others, are among the few major competing suppliers. to maintain their market position.

See more on the highlights of the market vendor landscape with a comprehensive list of vendors and their offerings.

Key market segmentation

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Regional Market Outlook
The United States will contribute 76% of the market growth over the forecast period. Indeed, automobile penetration in the United States is very high due to the high purchasing power of people. Moreover, the growth of the market in this country will be faster than the growth of the market in Mexico.

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Latest Trends and Drivers of Automotive Navigation System Market in North America

Growing preference for the use of in-vehicle navigation systems like IVS over external devices like smartphones will contribute to the growth of the car navigation systems market in North America. The display of an in-car navigation system is developed based on external factors such as sun glare, heating, and car shaking. In addition, the GPS receiver of an IVS has a better ability to receive signals from GPS satellites than a smartphone.

The e-commerce industry in North America has experienced significant growth in recent years. There is increasing pressure on e-commerce companies to deliver their products to their customers on time owing to the growth of the e-commerce sector in the region. For example, several e-commerce companies in the region are collaborating with logistics providers to offer business-to-customer (B2C) delivery.

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Automotive Navigation System Market North America 2022-2026: Highlights

  • Market CAGR over the forecast period 2022-2026

  • Detailed information on the factors that will contribute to the growth of the Automotive Navigation Systems market in North America over the next five years

  • Car Navigation Systems Market Size Estimation North America and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the car navigation systems market in North America

  • Market Competitive Landscape Analysis and Detailed Vendor Information

  • Comprehensive details of the factors that will challenge the growth of the Car Navigation System Market vendors in North America

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North America car navigation system market scope

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 1.99%

Market Growth 2022-2026

1.57 million units

Market structure

Fragmented

Annual growth (%)

1.78

Regional analysis

United States, Canada and Mexico

Successful market contribution

United States at 76%

Main consumer countries

we

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

Aisin Corp., Continental AG, DENSO Corp., Faurecia SE, JVCKENWOOD Corp., Mitsubishi Electric Corp., Pioneer Corp., Renault sas, Robert Bosch GmbH and TomTom International BV

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis market for the forecast period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by product

  • Market segments

  • Comparison by product

  • IVS – Market size and forecast 2021-2026

  • PND – Market size and forecast 2021-2026

  • Market opportunity by product

Market segmentation by type

  • Market segments

  • Comparison by type

  • Passenger cars – Market size and forecast 2021-2026

  • Commercial vehicles – Market size and forecast 2021-2026

  • Market Opportunity by Type

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • United States – Market size and forecast 2021-2026

  • Canada – Market size and forecast 2021-2026

  • Mexico – Market size and forecast 2021-2026

  • Market Opportunity by Geography

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Supplier Landscape

  • Landscape disturbance

Vendor analysis

appendix

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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