Global Car Navigation and ITS Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Car Navigation and ITS market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Car Navigation and ITS market."
Automotive navigation system market can be classified as OEM dominated market and aftermarket players by end-user type. OEM products refer to the factory fitted equipment that comes along with the new vehicle, while the aftermarket refers to the equipment installed by the customer either from a company service center or a third party store post the delivery of the vehicle. There are many advantages while getting a factory installed navigation system like warranty, durability, updates, looks, etc.  Among these factors, the appearance and visibility are the key factors influencing the factory installed navigation systems popularity. These factors can be effectively achieved by OEMs or built-in navigation systems. Aftermarket segment witnessed a considerable spike in the developing markets of the Asia-Pacific and South American countries over the past 3 years.
Rise in number of vehicle sales worldwide drives the market. Moreover, integration of connected devices such as smartphones with in-vehicle systems (IVS) along with increase in demand for advanced car navigation systems from end users is anticipated to accelerate the market growth. However, huge presence of substitutes and lack of connectivity infrastructure in emerging countries are anticipated to hinder the market growth. The high penetration of wireless communication technology and availability of advanced telecom infrastructure brings different growth opportunities in the market

The global Car Navigation and ITS market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Car Navigation and ITS volume and value at global level, regional level and company level. From a global perspective, this report represents overall Car Navigation and ITS market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Pioneer Corporation
    Mitsubishi Electric
    Alpine Electronics
    TomTom
    Robert Bosch
    Denso Corporation
    Continental AG
    JVCKENWOOD Corporation
    Panasonic Corporation
    Sony Corporation

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Passenger
    Commercial

Segment by Application
    OEM
    Aftermarket