全球汽车导航系统市场-增长,趋势和预测(2020 -2025年)
The global navigation satellite system (GNSS) industry plays an important role in determining the position, estimating the time to reach a certain place, locating the positions of the car, and viewing the traffic on the route. In last five years, there was a rapid growth in commercial applications of GNSS. The advancement in technology and increasing interest in positioning techniques based on GNSSs, such as GPS, cellular network infrastructure, or the integration of two technologies for applications, such as automatic vehicle location (AVL), tracking systems, and navigation, have led to the development in navigation systems in various countries, such as United States, India, and China.
Consumer preference toward better driving experience and easier navigation acted as a major propellant for the growth of the automotive navigation systems market. Spike in sales of luxury vehicles with factory installed navigation systems has further pushed the market growth of automotive navigation systems.
Improving e-commerce and developing logistic infrastructure created a demand for on-time delivery, resulting in employment of navigation systems in LCVs. In 2019, the European automotive navigation systems market was the largest market, globally, with a share of over 36%.