Automotive Digital Mapping Market report offers detailed analysis of the Automotive Digital Mapping industry with market size, forecasts covering the next five years (2022-2027). This report will also analyse factors that influence demand for the industry, key market trends, and challenges faced by industry participants.
“Automotive Digital Mapping Market” (2022-2027) Research report delivers comprehensive analysis future forecast, growth opportunity, key market and key players like: ESRI Inc., Google Inc., Apple Inc., GetMapping PLC, … Moreover, provides a brief overview of the market focusing on definitions, classifications, product specifications, manufacturing processes, cost structures, market segmentation, end-use applications and industry chain analysis.
The automotive digital mapping market is expected to register a CAGR of 12.75%, during the forecast period (2021 – 2027).
Get a sample copy of the report at-https://www.marketreportsworld.com/enquiry/request-sample/12346794
Company Coverage: –
– ESRI Inc.
– Google Inc.
– Apple Inc.
– GetMapping PLC
– Micello Inc.
– TomTom International BV
– Digital Globe Inc.
– HERE Holding Corporation
– MiTAC International Corporation
– Nearmap Ltd.
– ARC Aerial Imaging Limited
Get a Sample Copy of the Automotive Digital Mapping Market Report 2022
Market Players Competitor Analysis:
The automotive industry has been at the forefront of innovation and has been proactively adopting technology to provide an enhanced experience to the end-user. With prospering economies, consumers across the globe have been observed to be moving towards purchasing products with an advanced features, which are expected to stay relevant in the market over the next few years, despite the rapid investments being made to innovate constantly within the industry. Digital mapping has emerged as a crucial factor while developing autonomous cars, as they have to be accurate to help avoid collision with other objects within the field of view. Digital mapping in the automotive sector has been evolving at a rapid pace, as a majority of the automobiles being manufactured are being fitted in with a navigation system to help assist the end-user by providing accurate navigational assistance.
Demand for ADAS Pushing the Market for Digital Mapping in the Industry
Advanced driver-assistance systems (ADAS) is expected to exponentially over the next few years, particularly owing to the regulatory and consumer interest in the safety applications that can help avoid accidents. With the mandating of ADAS systems within vehicles in certain North American and European countries has set the trend of installing these systems vehicles being manufactured within the region. Asia-Pacific is set to follow this particular trend with the digital mapping market poised to witness a robust growth in the region, owing to the lion’s share of consumer population preferring to invest more on technology capable of saving huge amounts of monetary and human resources.
Asia-Pacific Market to Witness a Robust Growth during the Forecast Period
Asia-Pacific is home to the largest population across the globe, with the majority of the population being concentrated in the rapidly developing nations of India and China. With the population witness a rise in income levels, consumers are prioritizing investments in safety devices within the automobiles, and hence the rising purchasing power is set to propel the demand for ADAS and autonomous cars heavily in the region. With the potential for sheer volume growth in the number of automobiles being operated on the busy streets of these developing nations, the market in the region is expected to witness a prosperous growth during the forecast period.
Key Developments In The Market
• February 2021 – Esri acquired ClearTerra location data extraction technology from clearshark. This acquisition will provide ArcGIS platform users the ability to easily discover and extract geographic coordinates from unstructured textual data like emails, briefings, and reports, instantly generating intelligent map-based information
• January 2021 – Getmapping launched Mobile Mapping Survey Solutions into Southern Africa. The Mobile Mapping System enables the rapid and simultaneous collection of both high-resolution panoramic imagery and high-density point cloud data from a moving vehicle
Major Players – ESRI INC., GOOGLE INC., APPLE INC., GETMAPPING PLC, MICELLO INC., TOMTOM INTERNATIONAL BV, DIGITAL GLOBE INC., HERE HOLDING CORPORATION, MITAC INTERNATIONAL CORPORATION, NEARMAP LTD., ARC AERIAL IMAGING LIMITED, amongst others.
To Understand How COVID-19 Impact is Covered in This Report. Get Sample copy of the report at –https://www.marketreportsworld.com/enquiry/request-covid19/12346794
Reasons to Purchase this Report:
- To examine the increased usage of Automotive Digital Mapping in Industry that affect the global market scenario
- Analyze various perspectives of the market with the help of Porter’s five forces analysis
- To know the modality and application that are expected to dominate the market
- To know the regions that are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by major market players
Customization of the Report:
- This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Enquire before Purchasing this report at-https://www.marketreportsworld.com/enquiry/pre-order-enquiry/12346794
Regional Analysis: –
– North America
– Asia-Pacific
– Europe
– South America
– Africa
Some Major Points from TOC: –
1. Introduction
1.1 Scope of the Study
1.2 Executive Summary
2. Research Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases
3. Market Insights
3.1 Market Overview
3.2 Porter’s five forces Analysis
3.2.1 Threat of New Entrants
3.2.2 Bargaining Power of customers
3.2.3 Bargaining Power of Suppliers
3.2.4 Threat of Substitute products
3.2.5 Intensity of Competitive Rivalry
3.3 Industry Policies
4. Market Dynamics
4.1 Introduction
4.2 Factors Driving the Growth of the Market
4.2.1 Demand for ADAS Pushing the market for digital mapping in the industry
4.3 Factors Challenging the Growth of the Market
4.3.1 High Costs Factor
5. Technology Snapshot
5.1 GIS
5.2 LiDAR
5.3 Digital Orthophotography
5.4 Aerial Photography
6. Global Automotive Digital Mapping Market Segmentation and Forecast
6.1 by Applications
6.1.1 Autonomous Cars
6.1.2 Advanced Driver Assistance Systems
6.1.3 Logistics Control Systems
6.1.4 Others
6.2 by Region
6.2.1 North America
6.2.1.1 US
6.2.1.2 Canada
6.2.1.3 Mexico
6.2.2 Europe
6.2.2.1 UK
6.2.2.2 Germany
6.2.2.3 France
6.2.2.4 Rest of Europe
6.2.3 Asia-Pacific
6.2.3.1 China
6.2.3.2 India
6.2.3.3 Japan
6.2.3.4 Rest of Asia-Pacific
6.2.4 Rest of the World
6.2.4.1 Latin America
6.2.4.2 Middle East and Africa
7. Competitive Landscape – Key Vendor Profiles (List not Exhaustive)
7.1 ESRI Inc.,
7.2 Google Inc.
7.3 Apple Inc.
7.4 GetMapping PLC
7.5 Micello Inc.
7.6 TomTom International BV
7.7 Digital Globe Inc.
7.8 HERE Holding Corporation
7.9 MiTAC International Corporation
7.10 Nearmap Ltd.
7.11 ARC Aerial Imaging Limited
*List not exhaustive
8. Investment Analysis
9. Future Market OutlookAAAA
Browse complete table of contents at-https://www.marketreportsworld.com/TOC/12346794
About Us:-
Market Reports Worldis the Credible Source for Gaining the Market Reports that will Provide you with the Lead Your Business Needs. Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors.
CONTACT US
Email: sales@marketreportsworld.com
Phone: US +(1) 424 253 0946 /UK +(44) 203 239 8187
Our Other Reports:
Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Automotive Digital Mapping Market Size In 2022 is estimated to grow at a modest CAGR| Latest Trend, Competitors
