Car GPS Market Next Big Thing | Major Giants Robert Bosch, Continental, Sony

Global Positioning System (GPS) is also called a radio-navigation system which is formed from the constellation of 24 satellites and ground stations. The Global Positioning System is mainly funded and controlled by the U.S Department of Defense (DOD). The system was designed for the operation of the military. But now, there are numbers of civil GPS users across the globe. The automotive sector is one of the dominating markets and an increasing number of car sales is boosting the growth of the market. Additionally, features such as real-time monitoring, low cost of the system, long life of the system and others are responsible for growing car GPS market.  However, continuous monitoring of vehicle arises privacy concern among users and the presence of alternative of the product has been limiting the growth of the market.

 

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Advance Market Analytics published a new research publication on “Car GPS Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Car GPS Market was mainly driven by the increasing R&D spending across the world.

 

Some of the key players profiled in the study are:

Pioneer Corporation (Japan),Mitsubishi Electric (Japan), Alpine Electronics (Japan), TomTom (Netherlands), Robert Bosch GmbH (Germany), Denso Corporation (Japan),Continental AG (Germany), JVC Kenwood Holdings Inc. (Japan), Panasonic Corporation (Japan), Sony Corporation (Japan),Aisin Seiki (Japan),Kenwood Corporation (Japan),GPS Insight (United States)

 

The titled segments and sub-section of the market are illuminated below:
by Type (Positioning System, Navigation System), Application (Passenger car, Commercial vehicle, OEM market, Aftermarket), Component (Hardware, Software), Vehicle Type (Commercial Vehicle, Passenger Vehicle), Tracking Type (Cellular Tracking, Wireless Passive Tracking System, Satellite-Based Tracking Systems)

 

Market Trend:

Features such as compact size, longer life and high efficiency is fueling the market

 

Market Drivers:

Increasing Number of Car Sales across Globe

Real-Timing Monitoring Ability Driving the Market

Rising Demand and of Growth of Commercial Vehicles

Product Available in Affordable Prices

 

Challenges:

Presence of Alternative such as Hardware Agnostic Tracking Solutions

 

Opportunities:

High Penetration of Wireless Communication Technology and Availability of Advanced Infrastructure for Wireless Connectivity across Globe

High Use of GPS System for Usage-Based Insurance (UBI)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

 

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Strategic Points Covered in Table of Content of Global Car GPS Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Car GPS market

Chapter 2: Exclusive Summary – the basic information of the Car GPS Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Car GPS

Chapter 4: Presenting the Car GPS Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Car GPS market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Car GPS Market is a valuable source of guidance for individuals and companies in decision framework.

 

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