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Connected Car Technology Driving Growth in the Automotive Navigation Systems Market

The automotive industry has undergone significant changes in 2020 due to the COVID-19 pandemic. Despite this, the automotive market share has remained relatively stable. According to a report by Statista, Toyota, Volkswagen, and Daimler were the top three automotive companies in terms of market share in 2020. This article will delve into the automotive industry trends of 2020, the different car navigation devices based on GPS, the automotive navigation systems market, and how navigation systems for cars work.

Automotive Navigation Systems Market

The global automotive navigation systems market is expected to grow significantly in the coming years. According to a report by Market Research Future, the market is expected to reach $ 30,134.3 Million by 2030, growing at a CAGR of 7.9%. The growth is attributed to the increasing demand for in-dash navigation systems and the rise in the adoption of connected car technology.

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Automotive Industry Trends 2020

2020 was a challenging year for the automotive industry. The pandemic caused a decline in demand for cars, which led to reduced sales. However, the industry witnessed some notable trends. The first trend was an increased demand for electric vehicles (EVs). Despite the pandemic, the EV market continued to grow, with more companies introducing new models.

Another trend was an increased focus on autonomous vehicles (AVs). Although fully autonomous vehicles are still in the testing phase, many car manufacturers introduced semi-autonomous features in their vehicles. The pandemic also accelerated the shift towards online car buying. Many car dealerships adopted digital tools to enable customers to buy cars online.

Different Car Navigation Devices Based on GPS

Car navigation devices based on GPS are essential tools that help drivers navigate unfamiliar roads. There are three main types of GPS navigation devices for cars:

  1. Dedicated GPS Navigation Devices: These are standalone devices that are mounted on the car’s dashboard. They provide turn-by-turn directions and voice prompts to guide the driver to their destination.
  2. In-Dash Navigation Systems: These are built-in navigation systems that come with the car. They are more expensive than standalone GPS devices, but they offer better integration with the car’s audio system and other features.
  3. Smartphone GPS Navigation Apps: These are mobile apps that can be downloaded onto a smartphone. They use the phone’s GPS and mapping technology to provide navigation directions.

Do New Cars Have Navigation Systems?

Most new cars come with built-in navigation systems. However, not all models have this feature as a standard option. Some car manufacturers offer navigation systems as part of a higher trim level or as an optional extra. Customers can also choose to install aftermarket navigation systems in their cars.

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How Navigation System for Cars Works

Navigation systems for cars use GPS technology to determine the car’s location and provide directions to the driver. The system uses a GPS receiver to pick up signals from GPS satellites orbiting the earth. The receiver then calculates the car’s position and displays it on a map.

The navigation system also uses mapping data to provide turn-by-turn directions to the driver. The mapping data is stored on a digital map database, which is accessed by the navigation system. The system uses the mapping data to calculate the best route to the destination and provide directions to the driver.

In conclusion, the automotive industry has witnessed significant changes in 2020 due to the COVID-19 pandemic. Despite this, the automotive market share has remained relatively stable. Car navigation devices based on GPS are essential tools that help drivers navigate unfamiliar roads. The global automotive navigation systems market is expected to grow significantly in the coming years, driven by the increasing demand for in-dash navigation systems and the rise in the adoption of connected car technology. Most new cars come with built-in navigation systems, and these systems use GPS technology to determine the car’s location and provide directions to the driver.

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