Automotive GPS
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Automotive GPS Antenna Market Size and Growth
The Automotive GPS Antenna market is projected to grow significantly, driven by increasing demand for navigation systems and advanced driver-assistance technologies. As of 2023, the market size is estimated to reach approximately $1 billion, with a compound annual growth rate (CAGR) of around 7% over the next five years.
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Companies Covered
(Covid 19 Impact Covered)
◍ Garmin
◍ Lowrance
◍ Globalsat
◍ Laird
◍ Motorola
◍ PCTEL
◍ Shakespeare
The Automotive GPS Antenna market features companies like Garmin, Laird, and Globalsat, which enhance vehicle navigation with advanced antennas. Their innovations boost market growth through reliable positioning, while Motorola and PCTEL strengthen connectivity. Sales revenues reflect significant industry investment, with Garmin's revenue exceeding $3 billion and Motorola's around $20 billion.
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Market Segmentation
By Application
Passenger Vehicle
Light Commercial Vehicle ◍ Heavy Commercial Vehicle
By Product
Internal Antenna
External Antenna
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Market Growth
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$ X Billion USD
