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Automotive Navigation Systems Market Research Report - Global Forecast to 2025

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Rishikesh Kurane
Automotive Navigation Systems Market Research Report - Global Forecast to 2025

Global Automotive Navigation Systems Market Information Report: Information by Device Type (In-Dash, Portable and Mobile Navigation System), by Vehicle Type (passenger Car and Commercial Vehicle), by Propulsion (ICE and Electric Vehicle), by Sales Channel (OEM and Aftermarket) and by Region (North America, Asia Pacific, Europe and RoW) - Forecast to 2025

A navigation system is among the most essential systems utilized in automobiles for the purpose of route mapping.

The global automotive navigation system market has seen a significant growth in the last couple of years and is expected to remain in the growing phase till forecast period.

The global automotive navigation system market is expected to grow with a CAGR of 8.85% over the forecast period.

The global automotive navigation system market is majorly influenced by factors such as growth of automotive industry, increase in traffic congestion, increasing adoption of car GPS navigation system, growing population, growing demand for real-time traffic data, and growing investment for the development of automotive infrastructure in emerging countries.

The high price of in-dash navigation systems and the lack of telecommunications and connectivity infrastructure are hindering the growth of the market.

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Rishikesh Kurane
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