GPS Navigator System Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0185881
  • Format: Electronic (PDF)
  • Number of Pages: 176
  • Author(s): Joshi, Madhavi

Report Overview

The GPS Navigator System Market size was estimated at USD 5.2 billion in 2023 and is projected to reach USD 9.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.50% during the forecast period (2024-2030).

GPS Navigator System Market

(Market Size)
$5.2 billion
$9.5 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 8.50%
2023 Market Size USD 5.2 billion
2030 Market Size USD 9.5 billion
Key Players Garmin, TomTom, Bosch, Alpine, Pioneer

Market Summary

The GPS Navigator System Market is a critical segment within the automotive and transportation industry, providing essential real-time navigation and location-based services. These systems have evolved from standalone devices to sophisticated, integrated solutions embedded in vehicle dashboards and accessible via smartphones. The market is characterized by continuous technological innovation, focusing on enhancing accuracy, user experience, and connectivity. Key functionalities include turn-by-turn directions, traffic updates, points of interest, and route optimization, which are indispensable for both personal and commercial vehicle operators. The integration of GPS with other advanced technologies such as IoT, AI, and augmented reality is further expanding the capabilities and applications of these systems. The demand is robust across various vehicle types, including passenger cars, commercial trucks, and public transportation, driven by the global need for efficient mobility solutions. The competitive landscape is dynamic, with players ranging from dedicated navigation specialists to broad-based technology giants and automotive OEMs, all striving to capture market share through innovation and strategic partnerships.

Key Highlights

The GPS Navigator System Market is defined by several pivotal developments. A significant trend is the shift from hardware-centric portable navigation devices (PNDs) to software-based solutions integrated into infotainment systems and smartphone applications. This transition is fueled by the widespread adoption of smartphones and the increasing consumer preference for connected car features. Another highlight is the advancement in mapping technologies, with high-definition (HD) and 3D maps offering unprecedented levels of detail and realism for a more intuitive user experience. Real-time traffic and weather data integration has become a standard expectation, enabling dynamic rerouting to avoid congestion and improve journey times. Furthermore, the market is witnessing the emergence of augmented reality (AR) navigation, which overlays directional cues onto a live video feed of the road, enhancing safety and usability. The proliferation of electric vehicles (EVs) has also introduced a new application, with GPS systems integrating charging station locations and range prediction based on topography and driving style. These highlights underscore a market in a state of rapid evolution, prioritizing connectivity, intelligence, and user-centric design.

Drivers, Opportunities & Restraints

The growth of the GPS Navigator System Market is propelled by several key drivers. The expanding global automotive industry, particularly the rising production and sales of vehicles in emerging economies, creates a substantial installed base for navigation systems. Increasing consumer demand for enhanced in-vehicle experiences, safety features, and convenience is a powerful force pushing adoption. Government regulations in many regions mandating certain safety features, which often rely on positioning data, also serve as a significant driver. The opportunities within this market are vast and largely tied to technological convergence. The integration of GPS data with Advanced Driver-Assistance Systems (ADAS) and the development of autonomous vehicles present a massive growth frontier, where precise positioning is non-negotiable. The expansion of logistics and fleet management operations globally offers another substantial opportunity for specialized commercial navigation solutions that optimize routes and reduce operational costs. However, the market also faces notable restraints. Data privacy and security concerns regarding location tracking remain a persistent challenge that can hinder consumer trust. The high cost associated with developing and integrating advanced navigation features can also be a barrier, particularly for price-sensitive market segments. Furthermore, the reliability of GPS signals can be compromised in urban canyons or tunnels, presenting a technical limitation that the industry continues to address through hybrid positioning systems.

Concentration Insights

The competitive concentration in the GPS Navigator System Market is a blend of fragmentation and consolidation, varying by segment. The market for aftermarket portable navigation devices is highly fragmented, with numerous regional and global players offering a wide range of products at different price points. In contrast, the market for embedded in-dash navigation systems is more consolidated, dominated by a few major automotive OEM suppliers and technology firms that have long-standing relationships with vehicle manufacturers. These companies, such as Bosch, Continental, and Denso, provide integrated solutions that are deeply embedded into the vehicle's architecture. The software and application layer, including platforms like Google Maps and Apple Maps, is dominated by a handful of tech giants who leverage their vast data resources and ecosystems. The concentration is also shifting due to partnerships and mergers, as traditional navigation companies collaborate with tech firms and startups specializing in AI and data analytics to enhance their offerings. This dynamic landscape means that while barriers to entry are high for integrated OEM systems, opportunities exist in developing niche software applications and services that cater to specific needs like commercial fleet management or last-mile delivery optimization.

Type Insights

The GPS Navigator System Market can be segmented by type into several distinct categories, each serving different user needs and vehicle configurations. Portable Navigation Devices (PNDs) were the pioneers of consumer GPS but have seen declining demand in favor of more integrated solutions. However, they remain relevant in specific niches and price-sensitive markets. Embedded navigation systems are factory-installed units integrated into the vehicle's dashboard and infotainment system. These offer a seamless user experience, often with larger screens and deeper integration with other vehicle functions like climate control and audio. They are a key selling feature for many new vehicles, especially in the mid-range and luxury segments. The most dominant type in terms of user base is now smartphone-based navigation applications. Leveraging the powerful processors and constant connectivity of smartphones, apps like Google Maps, Waze, and Apple Maps provide free, frequently updated navigation to a massive global audience. A growing segment is hybrid navigation, which combines embedded systems with smartphone connectivity to offer the best of both worlds: the reliability and integration of an embedded system with the live data and constant updates of a mobile app. Each type continues to evolve, with embedded and smartphone-based solutions leading innovation.

Application Insights

The application of GPS Navigator Systems spans across the entire automotive and transportation spectrum. In passenger vehicles, the primary application is consumer navigation, providing drivers and passengers with real-time directions, traffic avoidance, and points of interest to enhance the journey experience. Safety is another critical application, with systems providing emergency assistance, stolen vehicle tracking, and integration with ADAS features like lane departure warnings. For commercial transportation, the applications are heavily focused on efficiency and management. Fleet management systems utilize GPS to track vehicle location, monitor driver behavior, optimize delivery routes, and reduce fuel consumption, which is crucial for logistics, delivery services, and trucking companies. Public transportation systems rely on GPS for real-time passenger information, schedule adherence, and network management. A rapidly growing application is in the realm of ride-hailing and mobility-as-a-service (MaaS) platforms, where GPS is fundamental for matching drivers with riders, calculating fares, and navigating urban environments. Furthermore, the development of autonomous vehicles is perhaps the most advanced application, where ultra-precise GPS, often combined with other sensors, is essential for path planning and vehicle localization.

Regional Insights

The adoption and development of GPS Navigator Systems exhibit distinct regional characteristics influenced by infrastructure, economic development, and consumer behavior. North America represents a mature market with high penetration rates of both embedded systems in new vehicles and smartphone-based navigation apps. The region is a hub for technological innovation, particularly in ADAS and autonomous driving, which drives demand for high-precision navigation. Europe is another advanced market, characterized by strong demand for premium vehicles equipped with sophisticated embedded navigation systems. Strict government regulations related to vehicle safety and emergency calling (eCall) systems also bolster market growth. The Asia-Pacific region is the fastest-growing market, fueled by the massive automotive production and sales in China, India, Japan, and South Korea. Rising disposable incomes, rapid urbanization, and the expansion of the logistics and e-commerce sectors are key growth drivers here. Markets in Latin America and the Middle East & Africa are emerging, with growth potential tied to economic development, improving digital infrastructure, and the expanding middle class. Each region presents a unique set of opportunities and challenges for market participants.

Company Insights

The competitive landscape of the GPS Navigator System Market features a diverse array of companies, from specialized technology providers to automotive giants and software behemoths. Prominent pure-play navigation technology companies include Garmin Ltd. and TomTom N.V., which have successfully transitioned from their roots in PNDs to focus on specialized markets like aviation, marine, outdoor recreation, and automotive embedded systems. Key automotive OEM suppliers such as Robert Bosch GmbH, Continental AG, and Denso Corporation are major players in providing integrated embedded navigation solutions directly to vehicle manufacturers. These companies compete on the accuracy of their maps, the sophistication of their software, and the depth of integration with other vehicle systems. The landscape is profoundly influenced by technology giants like Google (Google Maps, Android Auto), Apple (Apple Maps, CarPlay), and Microsoft, whose platforms have become the de facto standard for smartphone-projected navigation. Other significant players include HERE Technologies, a leading provider of mapping and location data, and Harman International, a subsidiary of Samsung, known for its automotive infotainment systems. Competition is intense, focusing on data accuracy, user interface design, real-time service provision, and strategic partnerships with automakers and tech firms.

Recent Developments

The GPS Navigator System Market is undergoing rapid transformation, marked by several recent developments. A major trend is the industry-wide shift towards software-defined vehicles, where navigation and other features are increasingly delivered via over-the-air (OTA) updates rather than static hardware. This allows for continuous improvement and addition of new features post-purchase. There is a significant push towards hyper-accurate positioning, with companies developing technologies like Real-Time Kinematic (RTK) and leveraging multi-frequency GNSS receivers to achieve centimeter-level accuracy, which is critical for autonomous driving applications. The integration of Artificial Intelligence and machine learning is another key development, enabling predictive navigation that can anticipate a driver's destination, suggest optimal routes based on historical data, and provide personalized points of interest. Augmented reality dashboards, which project navigation cues directly onto the windshield, are moving from concept to production in higher-end vehicle models. Furthermore, consolidation continues through acquisitions, as larger companies seek to acquire specialized startups with expertise in AI, data analytics, or specific mapping technologies to bolster their competitive positioning in this evolving market.

Report Segmentation

This comprehensive market report on the GPS Navigator System Market provides a detailed analysis segmented to offer granular insights for strategic decision-making. The segmentation is structured along several key dimensions to capture the market's multifaceted nature. By type, the market is broken down into Portable Navigation Devices (PNDs), embedded navigation systems, and smartphone-based navigation applications, analyzing the adoption trends, growth prospects, and competitive dynamics within each category. Application-based segmentation delves into the distinct use cases, including passenger cars, commercial vehicles, fleet management, and public transportation, highlighting the specific demands and drivers in each sector. The report further provides a thorough regional analysis, segmenting the global market into key geographic regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, examining regional trends, growth rates, and regulatory landscapes. An additional layer of segmentation may focus on technology, distinguishing between standard GPS and enhanced systems integrating GNSS, Galileo, or other satellite networks for improved accuracy. This multi-faceted segmentation allows stakeholders to identify precise growth pockets, understand competitive pressures, and tailor their strategies to specific segments of the market.

FAQs

What are the key trends in the GPS navigation system market? The key trends include the shift from dedicated hardware to software-integrated solutions in infotainment systems and smartphones, the integration of real-time data for traffic and weather, the development of augmented reality navigation, and the critical role of high-precision GPS in enabling Advanced Driver-Assistance Systems (ADAS) and autonomous vehicles.

Who are the leading companies in the automotive GPS navigation system market? Leading companies include specialized navigation firms like Garmin and TomTom, major automotive suppliers such as Bosch, Continental, and Denso, and technology giants providing software platforms, including Google, Apple, and HERE Technologies.

How is the demand for GPS navigation systems evolving in commercial vehicles? Demand in commercial vehicles is robust and growing, driven primarily by the need for fleet management solutions. These systems are essential for route optimization, fuel efficiency, driver safety monitoring, asset tracking, and improving overall logistical efficiency for trucking, logistics, and delivery companies.

What are the main challenges facing the GPS navigation system market? Primary challenges include concerns over data privacy and security related to location tracking, the high development cost of advanced integrated systems, and technical limitations like signal loss in urban canyons or tunnels, which necessitates the development of hybrid positioning technologies.

Which region is expected to show the highest growth in the GPS navigation market? The Asia-Pacific region is anticipated to exhibit the highest growth rate. This is fueled by rising automotive production and sales, economic development, urbanization, government initiatives for intelligent transportation systems, and the expansion of the e-commerce and logistics sectors in countries like China and India.

How are advancements in technology impacting GPS navigation systems? Technological advancements are profoundly impacting the market through the adoption of AI for predictive and personalized navigation, the use of high-definition and 3D maps, the integration with IoT for smarter cities and vehicles, and the pursuit of centimeter-level accuracy required for the future of autonomous driving.

Citius Research has developed a research report titled “GPS Navigator System Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• GPS Navigator System Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The GPS Navigator System Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

GPS Navigator System Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

GPS Navigator System Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of GPS Navigator System Market
• Research Methodology
• Executive Summary
• Market Dynamics of GPS Navigator System Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of GPS Navigator System Market
• Cost and Gross Margin Analysis of GPS Navigator System Market
• GPS Navigator System Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “GPS Navigator System Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

GPS Navigator System Market Key Stakeholders

Below are the key stakeholders for the GPS Navigator System Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

GPS Navigator System Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the GPS Navigator System Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the GPS Navigator System Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in GPS Navigator System Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global GPS Navigator System Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global GPS Navigator System Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global GPS Navigator System Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global GPS Navigator System Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global GPS Navigator System Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global GPS Navigator System Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America GPS Navigator System Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America GPS Navigator System Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe GPS Navigator System Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA GPS Navigator System Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific GPS Navigator System Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa GPS Navigator System Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia GPS Navigator System Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports