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The global in-dash navigation system market was valued at US$ 13.55 Billion in 2021.
We expect the global in-dash navigation system market to exhibit a CAGR of 11.60% during 2022-2027.
The increasing demand for connected car devices, along with the rising adoption of GPS units, that reduce the fuel consumption of vehicles by providing the shortest route to the destination, is primarily driving the global in-dash navigation system market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for vehicles, thereby limiting the demand for in-dash navigation system.
Based on the component, the global in-dash navigation system market can be segmented into display unit, control module, antenna module, and wiring harness. Among these, display unit holds the majority of the total market share.
Based on the technology, the global in-dash navigation system market has been divided into 2D maps and 3D maps, where 2D maps currently exhibit a clear dominance in the market.
Based on the screen size, the global in-dash navigation system market can be categorized into less than 6 inches, 6 inches to 11 inches, and greater than 11 inches. Currently, 6 inches to 11 inches account for the majority of the global market share.
Based on the vehicle type, the global in-dash navigation system market has been segregated into passenger cars, light commercial vehicles, and heavy commercial vehicles. Among these, passenger cars currently hold the largest market share.
Based on the sales channel, the global in-dash navigation system market can be bifurcated into original equipment manufacturer and aftermarket. Currently, original equipment manufacturer exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global in-dash navigation system market include Alpine Electronics Inc. (Alps Electric Co. Ltd.), Clarion (Faurecia), Continental Aktiengesellschaft, DENSO Corporation, Garmin Ltd., Harman International Industries Incorporated (Samsung Electronics Co. Ltd), JVCKENWOOD Corporation, Luxoft Holding Inc. (DXC Technology Company), Mitsubishi Electric Corporation, Pioneer Corporation, Robert Bosch GmbH, and TomTom International BV.
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