Global Car GPS Market Growth 2024-2030
The Car GPS market was valued at USD 22.38 Billion in 2023, with a growing trend due to the increasing demand for navigation and location-based services in vehicles.
- Bonafide Trust
- 31-05-2024
- Pages : 79
- Figures : 79
- Tables : 187
- Region : Global
- Category : Automotive & Transport
- Automotive Parts
According to our publisher’s latest study, the global Car GPS market size was valued at US$ 22380 million in 2023. With growing demand in downstream market, the Car GPS is forecast to a readjusted size of US$ 36810 million by 2030 with a CAGR of 7.4% during review period. The research report highlights the growth potential of the global Car GPS market. Car GPS are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Car GPS. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Car GPS market. Car GPS is a space-based navigation system that installed on the vehicle to provide location and time information. At present, most car GPS products have positioning and navigation functions. GPS enables automatic vehicle location and in-vehicle navigation systems that are widely used throughout the world today. By combining GPS position technology with systems that can display geographic information or with systems that can automatically transmit data to display screens or computers, a new dimension in surface transportation is realized. China is the largest Car GPS market with about 27% market share. Europe is follower, accounting for about 25% market share. The key players are Bosch, Denso, Pioneer, Alpine, Aisin, TomTom, Kenwood, Sony, Clarion, Garmin, Panasonic, Hangsheng, Coagent, Kaiyue Group, Skypine, Roadrover, FlyAudio, Freeway, Evervictory, ADAYO, Soling, Desay etc. Top 5 companies occupied about 69% market share. Key Features: The report on Car GPS market reflects various aspects and provide valuable insights into the industry. Market Size and Growth: The research report provide an overview of the current size and growth of the Car GPS market. It may include historical data, market segmentation by Type (e.g., Positioning System, Navigation System), and regional breakdowns. Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Car GPS market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs. Increased adoption of GPS technology in passenger cars: The growing demand for GPS navigation systems in passenger cars is driven by the increasing awareness of the benefits of GPS technology, such as improved route planning, reduced fuel consumption, and enhanced safety. Market Drivers: Rise in the use of GPS in fleet management: The use of GPS technology in fleet management is increasing due to its ability to track vehicle locations, monitor driver behavior, and optimize routes, leading to improved fleet efficiency and reduced costs. Growing demand for in-car infotainment systems: The increasing demand for in-car infotainment systems, which often include GPS navigation, is driven by the growing demand for connected cars and the need for in-car entertainment and information. Advancements in GPS technology: Advancements in GPS technology, such as the development of more accurate and reliable GPS signals, are driving the adoption of GPS technology in various industries, including the automotive sector. Government regulations and initiatives: Government regulations and initiatives, such as the European Union’s eCall system, which requires all new cars to be equipped with GPS-enabled emergency calling systems, are driving the adoption of GPS technology in the automotive sector. Market Challenges: Clock inaccuracy and orbit shift of satellites: Clock inaccuracy and orbit shift of satellites are technical challenges that can affect the accuracy and reliability of GPS signals, which can impact the performance of GPS-enabled devices. Licensing, strict rules, and regulations: Licensing, strict rules, and regulations can be a significant barrier to the adoption of GPS technology, particularly in certain regions or industries. Need for more network infrastructure: The need for more network infrastructure in underdeveloped areas can limit the adoption of GPS technology in these regions. Location accuracy: The need for accurate location information can be a challenge, particularly in areas with limited GPS signal coverage or in situations where the GPS signal is weak or unreliable. Cost and complexity: The cost and complexity of GPS technology can be a barrier to adoption, particularly for small businesses or individuals who may not have the resources to invest in GPS-enabled devices or systems. Competitive Landscape: The research report provides analysis of the competitive landscape within the Car GPS market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market. Technological Developments: The research report can delve into the latest technological developments in the Car GPS industry. This include advancements in Car GPS technology, Car GPS new entrants, Car GPS new investment, and other innovations that are shaping the future of Car GPS. The global Car GPS market has witnessed significant technological developments in recent years, driven by the increasing demand for advanced navigation systems in vehicles. Some of the key technological developments in the Car GPS market include: Advancements in GPS IC Technology: The global GPS IC market is expected to grow at a CAGR of over 10.0% over the forecast period, driven by the rapid growth in the improvement of global positioning system integrated circuits technology. Vendors of GPS integrated circuits design the ICs by focusing primarily on end-user requirements, refining navigation abilities, and adding extra features. Integration with Other Technologies: Car GPS devices are being planned with communications and other technologies such as voice-guided navigation applications, tracking and tracing, location-enabled search, voice-guided in-car navigation, people tracking, and advertising. These factors are expected to impact positively demand over the next seven years. Growing Demand for GPS ICs in Smartphones: The growing demand for GPS ICs in smartphones is one of the foremost growth drivers for the market. Presently, nearly nine out of ten smartphones are GPS-enabled, and these devices are anticipated to add up significantly to the overall revenue of the Global GPS IC market. Advancements in Automotive Navigation Systems: The automotive navigation systems market is expected to grow at a CAGR of 6.87% during 2024 to 2032, driven by the increasing demand for vehicles with advanced safety & navigation features, demand for reliable real-time traffic information, the rapid development of connected cars, and adoption of car-sharing & ride-hailing services, especially in developing nations. Wireless Communication Technologies: Wireless communication technologies, such as Wi-Fi, Bluetooth, ZigBee, and cellular networks (GSM, UMTS, and LTE), are being integrated into Car GPS devices to enhance their functionality and user experience. Increased Focus on Cost-Effective Solutions: Market participants are focusing on offering cost-effective items to expand and survive in a more competitive and rising market climate. Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global automotive GPS systems industry to benefit clients and increase the market sector. Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Car GPS market. It includes factors influencing customer ' purchasing decisions, preferences for Car GPS product. Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Car GPS market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Car GPS market. The report also evaluates the effectiveness of these policies in driving market growth. Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Car GPS market. Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Car GPS industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments. Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Car GPS market. Recommendations: Invest in standalone GPS units that offer specialized features and reliability. Consider devices with integration with smartphones to provide seamless navigation. Look for devices with advanced features such as real-time traffic updates, voice assistants, and offline navigation. Opportunities: Development of more advanced features such as augmented reality navigation and integration with emerging technologies like autonomous vehicles. Expansion of the market to include more affordable options for budget-conscious consumers. Integration with emerging technologies like artificial intelligence and the Internet of Things (IoT) to enhance navigation and safety features. Market Segmentation: Car GPS market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. Segmentation by type Positioning System Navigation System Segmentation by application Passenger Car Commercial Vehicle This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. Bosch Denso Pioneer Alpine Aisin TomTom Kenwood Sony Clarion Garmin Panasonic Hangsheng Coagent Kaiyue Group Skypine Roadrover FlyAudio Freeway Evervictory ADAYO Soling Desay Key Questions Addressed in this Report What is the 10-year outlook for the global Car GPS market? What factors are driving Car GPS market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Car GPS market opportunities vary by end market size? How does Car GPS break out type, application?
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Table of Contents
- 1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Years Considered
- 1.3 Research Objectives
- 1.4 Market Research Methodology
- 1.5 Research Process and Data Source
- 1.6 Economic Indicators
- 1.7 Currency Considered
- 1.8 Market Estimation Caveats
- 2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Car GPS Annual Sales 2019-2030
- 2.1.2 World Current & Future Analysis for Car GPS by Geographic Region, 2019, 2023 & 2030
- 2.1.3 World Current & Future Analysis for Car GPS by Country/Region, 2019, 2023 & 2030
- 2.2 Car GPS Segment by Type
- 2.2.1 Positioning System
- 2.2.2 Navigation System
- 2.3 Car GPS Sales by Type
- 2.3.1 Global Car GPS Sales Market Share by Type (2019-2024)
- 2.3.2 Global Car GPS Revenue and Market Share by Type (2019-2024)
- 2.3.3 Global Car GPS Sale Price by Type (2019-2024)
- 2.4 Car GPS Segment by Application
- 2.4.1 Passenger Car
- 2.4.2 Commercial Vehicle
- 2.5 Car GPS Sales by Application
- 2.5.1 Global Car GPS Sale Market Share by Application (2019-2024)
- 2.5.2 Global Car GPS Revenue and Market Share by Application (2019-2024)
- 2.5.3 Global Car GPS Sale Price by Application (2019-2024)
- 3 Global Car GPS by Company
- 3.1 Global Car GPS Breakdown Data by Company
- 3.1.1 Global Car GPS Annual Sales by Company (2019-2024)
- 3.1.2 Global Car GPS Sales Market Share by Company (2019-2024)
- 3.2 Global Car GPS Annual Revenue by Company (2019-2024)
- 3.2.1 Global Car GPS Revenue by Company (2019-2024)
- 3.2.2 Global Car GPS Revenue Market Share by Company (2019-2024)
- 3.3 Global Car GPS Sale Price by Company
- 3.4 Key Manufacturers Car GPS Producing Area Distribution, Sales Area, Product Type
- 3.4.1 Key Manufacturers Car GPS Product Location Distribution
- 3.4.2 Players Car GPS Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
- 4 World Historic Review for Car GPS by Geographic Region
- 4.1 World Historic Car GPS Market Size by Geographic Region (2019-2024)
- 4.1.1 Global Car GPS Annual Sales by Geographic Region (2019-2024)
- 4.1.2 Global Car GPS Annual Revenue by Geographic Region (2019-2024)
- 4.2 World Historic Car GPS Market Size by Country/Region (2019-2024)
- 4.2.1 Global Car GPS Annual Sales by Country/Region (2019-2024)
- 4.2.2 Global Car GPS Annual Revenue by Country/Region (2019-2024)
- 4.3 Americas Car GPS Sales Growth
- 4.4 APAC Car GPS Sales Growth
- 4.5 Europe Car GPS Sales Growth
- 4.6 Middle East & Africa Car GPS Sales Growth
- 5 Americas
- 5.1 Americas Car GPS Sales by Country
- 5.1.1 Americas Car GPS Sales by Country (2019-2024)
- 5.1.2 Americas Car GPS Revenue by Country (2019-2024)
- 5.2 Americas Car GPS Sales by Type
- 5.3 Americas Car GPS Sales by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Brazil
- 6 APAC
- 6.1 APAC Car GPS Sales by Region
- 6.1.1 APAC Car GPS Sales by Region (2019-2024)
- 6.1.2 APAC Car GPS Revenue by Region (2019-2024)
- 6.2 APAC Car GPS Sales by Type
- 6.3 APAC Car GPS Sales by Application
- 6.4 China
- 6.5 Japan
- 6.6 South Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 China Taiwan
- 7 Europe
- 7.1 Europe Car GPS by Country
- 7.1.1 Europe Car GPS Sales by Country (2019-2024)
- 7.1.2 Europe Car GPS Revenue by Country (2019-2024)
- 7.2 Europe Car GPS Sales by Type
- 7.3 Europe Car GPS Sales by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 8 Middle East & Africa
- 8.1 Middle East & Africa Car GPS by Country
- 8.1.1 Middle East & Africa Car GPS Sales by Country (2019-2024)
- 8.1.2 Middle East & Africa Car GPS Revenue by Country (2019-2024)
- 8.2 Middle East & Africa Car GPS Sales by Type
- 8.3 Middle East & Africa Car GPS Sales by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
- 9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers & Growth Opportunities
- 9.2 Market Challenges & Risks
- 9.3 Industry Trends
- 10 Manufacturing Cost Structure Analysis
- 10.1 Raw Material and Suppliers
- 10.2 Manufacturing Cost Structure Analysis of Car GPS
- 10.3 Manufacturing Process Analysis of Car GPS
- 10.4 Industry Chain Structure of Car GPS
- 11 Marketing, Distributors and Customer
- 11.1 Sales Channel
- 11.1.1 Direct Channels
- 11.1.2 Indirect Channels
- 11.2 Car GPS Distributors
- 11.3 Car GPS Customer
- 12 World Forecast Review for Car GPS by Geographic Region
- 12.1 Global Car GPS Market Size Forecast by Region
- 12.1.1 Global Car GPS Forecast by Region (2025-2030)
- 12.1.2 Global Car GPS Annual Revenue Forecast by Region (2025-2030)
- 12.2 Americas Forecast by Country
- 12.3 APAC Forecast by Region
- 12.4 Europe Forecast by Country
- 12.5 Middle East & Africa Forecast by Country
- 12.6 Global Car GPS Forecast by Type
- 12.7 Global Car GPS Forecast by Application
- 13 Key Players Analysis
- 13.1 Bosch
- 13.1.1 Bosch Company Information
- 13.1.2 Bosch Car GPS Product Portfolios and Specifications
- 13.1.3 Bosch Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.1.4 Bosch Main Business Overview
- 13.1.5 Bosch Latest Developments
- 13.2 Denso
- 13.2.1 Denso Company Information
- 13.2.2 Denso Car GPS Product Portfolios and Specifications
- 13.2.3 Denso Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.2.4 Denso Main Business Overview
- 13.2.5 Denso Latest Developments
- 13.3 Pioneer
- 13.3.1 Pioneer Company Information
- 13.3.2 Pioneer Car GPS Product Portfolios and Specifications
- 13.3.3 Pioneer Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.3.4 Pioneer Main Business Overview
- 13.3.5 Pioneer Latest Developments
- 13.4 Alpine
- 13.4.1 Alpine Company Information
- 13.4.2 Alpine Car GPS Product Portfolios and Specifications
- 13.4.3 Alpine Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.4.4 Alpine Main Business Overview
- 13.4.5 Alpine Latest Developments
- 13.5 Aisin
- 13.5.1 Aisin Company Information
- 13.5.2 Aisin Car GPS Product Portfolios and Specifications
- 13.5.3 Aisin Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.5.4 Aisin Main Business Overview
- 13.5.5 Aisin Latest Developments
- 13.6 TomTom
- 13.6.1 TomTom Company Information
- 13.6.2 TomTom Car GPS Product Portfolios and Specifications
- 13.6.3 TomTom Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.6.4 TomTom Main Business Overview
- 13.6.5 TomTom Latest Developments
- 13.7 Kenwood
- 13.7.1 Kenwood Company Information
- 13.7.2 Kenwood Car GPS Product Portfolios and Specifications
- 13.7.3 Kenwood Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.7.4 Kenwood Main Business Overview
- 13.7.5 Kenwood Latest Developments
- 13.8 Sony
- 13.8.1 Sony Company Information
- 13.8.2 Sony Car GPS Product Portfolios and Specifications
- 13.8.3 Sony Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.8.4 Sony Main Business Overview
- 13.8.5 Sony Latest Developments
- 13.9 Clarion
- 13.9.1 Clarion Company Information
- 13.9.2 Clarion Car GPS Product Portfolios and Specifications
- 13.9.3 Clarion Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.9.4 Clarion Main Business Overview
- 13.9.5 Clarion Latest Developments
- 13.10 Garmin
- 13.10.1 Garmin Company Information
- 13.10.2 Garmin Car GPS Product Portfolios and Specifications
- 13.10.3 Garmin Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.10.4 Garmin Main Business Overview
- 13.10.5 Garmin Latest Developments
- 13.11 Panasonic
- 13.11.1 Panasonic Company Information
- 13.11.2 Panasonic Car GPS Product Portfolios and Specifications
- 13.11.3 Panasonic Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.11.4 Panasonic Main Business Overview
- 13.11.5 Panasonic Latest Developments
- 13.12 Hangsheng
- 13.12.1 Hangsheng Company Information
- 13.12.2 Hangsheng Car GPS Product Portfolios and Specifications
- 13.12.3 Hangsheng Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.12.4 Hangsheng Main Business Overview
- 13.12.5 Hangsheng Latest Developments
- 13.13 Coagent
- 13.13.1 Coagent Company Information
- 13.13.2 Coagent Car GPS Product Portfolios and Specifications
- 13.13.3 Coagent Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.13.4 Coagent Main Business Overview
- 13.13.5 Coagent Latest Developments
- 13.14 Kaiyue Group
- 13.14.1 Kaiyue Group Company Information
- 13.14.2 Kaiyue Group Car GPS Product Portfolios and Specifications
- 13.14.3 Kaiyue Group Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.14.4 Kaiyue Group Main Business Overview
- 13.14.5 Kaiyue Group Latest Developments
- 13.15 Skypine
- 13.15.1 Skypine Company Information
- 13.15.2 Skypine Car GPS Product Portfolios and Specifications
- 13.15.3 Skypine Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.15.4 Skypine Main Business Overview
- 13.15.5 Skypine Latest Developments
- 13.16 Roadrover
- 13.16.1 Roadrover Company Information
- 13.16.2 Roadrover Car GPS Product Portfolios and Specifications
- 13.16.3 Roadrover Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.16.4 Roadrover Main Business Overview
- 13.16.5 Roadrover Latest Developments
- 13.17 FlyAudio
- 13.17.1 FlyAudio Company Information
- 13.17.2 FlyAudio Car GPS Product Portfolios and Specifications
- 13.17.3 FlyAudio Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.17.4 FlyAudio Main Business Overview
- 13.17.5 FlyAudio Latest Developments
- 13.18 Freeway
- 13.18.1 Freeway Company Information
- 13.18.2 Freeway Car GPS Product Portfolios and Specifications
- 13.18.3 Freeway Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.18.4 Freeway Main Business Overview
- 13.18.5 Freeway Latest Developments
- 13.19 Evervictory
- 13.19.1 Evervictory Company Information
- 13.19.2 Evervictory Car GPS Product Portfolios and Specifications
- 13.19.3 Evervictory Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.19.4 Evervictory Main Business Overview
- 13.19.5 Evervictory Latest Developments
- 13.20 ADAYO
- 13.20.1 ADAYO Company Information
- 13.20.2 ADAYO Car GPS Product Portfolios and Specifications
- 13.20.3 ADAYO Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.20.4 ADAYO Main Business Overview
- 13.20.5 ADAYO Latest Developments
- 13.21 Soling
- 13.21.1 Soling Company Information
- 13.21.2 Soling Car GPS Product Portfolios and Specifications
- 13.21.3 Soling Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.21.4 Soling Main Business Overview
- 13.21.5 Soling Latest Developments
- 13.22 Desay
- 13.22.1 Desay Company Information
- 13.22.2 Desay Car GPS Product Portfolios and Specifications
- 13.22.3 Desay Car GPS Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.22.4 Desay Main Business Overview
- 13.22.5 Desay Latest Developments
- 14 Research Findings and Conclusion
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