Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Automotive Navigation Systems Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Automotive Navigation Systems Market?
The global market for automotive navigation systems has experienced substantial growth in recent years. The market size is projected to increase from $36.59 billion in 2024 to $38.77 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%.
What Is the Forecasted CAGR for the Automotive Navigation Systems Market by 2029?
The Automotive Navigation Systems Global Market is projected to reach $47.55 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.2%.
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What Are the Market Drivers in the Automotive Navigation Systems Industry?
The key drivers in the automotive navigation systems market are:
• Increased focus on predictive navigation and enhanced user interfaces.
• Rising demand for electric vehicles and their integration into smart city infrastructure.
• Growing demand for personalized and context-aware services.
• The mainstreaming use of features like augmented reality integration, voice-activated navigation, and advanced driver assistance systems.
What Is the Segment-Wise Breakdown of the Automotive Navigation Systems Market?
The automotive navigation systems market covered in this report is segmented –
1) By Component: Hardware, Software, Connectivity
2) By Navigation modes: 3D Navigation, 2D Navigation, Differential Global Positioning System (DGPS)
3) By Vehicle Type: Passenger cars, Commercial vehicles
4) By Sales Channel: Original Equipment Manufacturer, After market
5) By Applications: Car Navigations, Dynamic Vehicle Routing, Tracking Rental Cars, Monitoring High Risk Auto Loans
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Which Emerging Trends Are Driving Growth in the Automotive Navigation Systems Sector?
The key trends in the automotive navigation systems market are:
• The integration of augmented reality (AR) into navigation systems is a significant trend.
• An increasing focus is on the development of connected car ecosystems.
• There is a rise in the adoption of voice-activated navigation systems.
• High demand exists for navigation systems with predictive ability and smartphone integration.
Which Companies Are Dominating the Automotive Navigation Systems Market in Terms of Revenue?
Major players in the automotive navigation systems market are:
• Ford Motor Company
• BMW Group
• Robert Bosch GmbH
• Panasonic Corporation
• Denso Corporation
• Continental AG
• AISIN SEIKI Co. Ltd.
• Fujitsu Limited
• Mitsubishi Motors Corporation
• Harman International Industries
• Garmin Ltd.
• Bose Corporation
• JVCKENWOOD Corporation
• Kenwood Corporation
• HERE Technologies
• MiTAC Holdings Corp.
• Pioneer Electronics
• TomTom International BV
• NNG Software Developing and Commercial LLC
• Telenav Inc.
• Clarion Technologies
• Delphi Technologies
• Faurecia Clarion
• Alpine Electronics
• Navis-AMS
What Are the Regions Driving Demand in the Automotive Navigation Systems Market?
North America was the largest region in the automotive navigation systems market in 2024
