Press release
Automotive 3D Maps Market Size & Share - Industry Trend and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Automotive 3D Maps” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Automotive 3D map is a three-dimensional depiction of environments such as region and location in greater detail and scaling. Automotive 3D map is developed by the three-dimensional mapping technique, which captures the image using manned aircraft, helicopter, and unmanned aerial vehicle. Automotive 3D maps display key information such as navigation direction, interior of the region, and substantial spaces of any dimension. Automotive 3D maps enable the driver of a vehicle to opt for the shortest possible route or distance to travel onto the screen.
Rise in technological advancement of navigation system for automotive 3D maps, which is common in new modern cars such as BMW 7series, Mercedes Benz s-class, Audi R8, and Jaguar XJ, is expected to be a key factor driving the 3D maps market during the forecast period. Automotive 3D maps aim to promote the concept of self-driving. In the automotive industry automotive 3D maps installation for navigation direction and location in vehicles is assisting the advanced driver assist system (ADAS). Led by numerous benefits such as replacing old location map by new detailed location one, enlarging with pixel scaling, automotive 3D map technology is expected to provide lucrative opportunities towards modernization of the automotive industry. Automotive 3D maps technology is sophisticated. However, it is expensive as compared to the 2D maps technology. This is anticipated to hamper the automotive 3D maps market.
Based on technology, the automotive 3D maps market can be segmented into global positioning system and in-dash navigation system. Under global positioning system, 3D maps are online and connected with the GPS network. The in-dash navigation system primarily consists of display unit, antenna module, and control module, wiring harnesses are offline and embedded in the vehicle.
Based on vehicle type, the automotive 3D maps market can be classified into passenger vehicles and commercial vehicles. The passenger vehicles segment includes hatchback cars, sedans, multi-purpose vehicles, and sport utility vehicles. The commercial vehicles segment comprises light-weight commercial vehicles and heavy commercial vehicles. Based on end-user, the automotive 3D maps market can be segmented into luxury car, mid-segmented car, and sports car.
Based on portability, the automotive 3D maps market can be bifurcated into embedded type and portable type. Embedded type 3D maps account for large market share, as these are fixed and used by most of the global automotive industries as compared to the portable type, which is not fixed.
In terms of geography, the automotive 3D maps market can be divided into North America, Europe, Asia Pacific, Latin America, Middle East, and Rest of the World (ROW). North America accounts for the major share of the global automotive 3D maps market, owing to the high adoption rate of automotive 3D maps technology and expansion in the automotive sector. Germany, France, Italy, and the U.K. are leading countries in terms of adoption of automotive 3D maps technology. The automotive 3D maps market has been expanding in the Middle East owing to the rapid technological developments in the region. China, Japan, and South Korea in Asia Pacific are also expected to witness significant growth in the automotive 3D maps market during the forecast period.
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Key players operating in the global automotive 3D maps market include Google, Apple Inc., Saab AB, Continental Ag, Autodesk Inc., NTT DATA Corporation, and Robert Bosch Gmbh.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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