openPR Logo
Press release


05-26-2019 01:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

The 3D mapping and 3D modelling market is expected to register a CAGR of 20.94%, during the forecast period 2018 - 2023. The scope of the market is limited to the 3D mapping and 3D navigational software solutions and services offered by the various vendors in the market.
3D mapping & modeling technologies are one of the fastest ways to build 3D environments in the highly demanding market. 3D mapping solutions quickly creates 3D maps of the surroundings with utmost clarity and accuracy, ready to plug into professional visualization operations. Major investments ongoing for 3D maps applications to be integrated with smartphones, market players, such as Samsung, Nokia, and other OEMs are entering this market. This growth is expected to be witnessed across various industries, owing to the multiple advantages this software offers. However, high initial costs is challenging the market growth.

Detailed Sample Copy of Updated Analysis @
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Key Developments in the Market
March 2017 - Trimble and Caterpillar Inc. announced a joint partnership to bring on-highway telematics to construction operations. With this collaboration, Trimble plans on extending Caterpillar's CAT Connect solutions and Trimble's real-time, truck fleet visibility, and monitoring capabilities to enable the features for both on-highway and off-highway fleet management
March 2017 - Trimble announced three new versions of its software for structural engineering, fabrication, and construction teams: Tekla Structures 2017, Tekla Structural Designer 2017, and Tekla Tedds 2017. Continuous development of Tekla Building Information Modeling (BIM) solutions demonstrated Trimble's commitment to innovation in structural engineering, off-site prefabrication and on-site efficiency

The major players include –

Request Discount on this repots @
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

United States to Hold a Lion’s Share of the Market
United States boasts of a strong automotive sector buoyed by the presence of major players and technologically advanced capabilities. The huge volume of adoption of connected vehicles in the United States clearly outlines a growing trend of connected cars, which proportionately pushes the need for better and enhanced navigation capabilities, thereby, driving the market growth. In addition, the USDOT is funding the growth of connected cars by forming a unique partnership between public bodies and multiple OEMs and carmakers to deploy and test the performance of a broad array of connected vehicle applications, associated infrastructure. The construction sector is expected to fortify to a much stronger extent, with new regulations, and initiatives. The Trump administration has proposed a plan to spend over USD 1 trillion in construction sector, in 2018, led mostly by private businesses. This will open up a wide variety of opportunities for 3D mapping and modeling equipment, owing to the extensive use in the construction sector, and the US laws mandating the use of such technology for construction purposes.

Automotive Industry to Witness the Second Fastest Growth during the Forecast Period
The market for 3D mapping and modelling has been buoyed by the adoption of this technology by various taxi and ridesharing service companies. For instance, Uber, in Feb 2017, announced that it would begin generating its own 3D maps of Singapore, showcasing the ride-hail company’s increased investment in mapping, the goals of which appear to be twofold: lay the groundwork for Uber’s fleet of self-driving cars and outpace Google. Driverless cars have many different kinds of sensors u2013 including cameras, lidar, and radar u2013 but they are not yet capable of fully understanding what they see. For example, before an autonomous car approaches a junction, it needs to know exactly where the traffic light will be. Because of this, driverless/ connected cars need highly detailed 3D maps of the roads they are to navigate, which is expected to boost the 3D mapping adoption. For instance Tesla, a company, focusing on driverless/connected cars, and having a few models offering driverless capabilities, has started pushing new modules from MapBox, an open source mapping platform for custom designed maps, and Valhalla, an open source routing engine for navigation, for increased safety, which is boosting the overall market growth.

Enquiry Before Buying @
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
Contact No: +1 973 241 5193

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 3D Mapping and 3D Modelling Market 2023 Global Prominent Key Players: APPLE, AIRBUS DEFENCE AND SPACE, GOOGLE, AUTODESK, TRIMBLE, INTERMAP TECHNOLOGIES,TOPCON CORPORATION here

News-ID: 1753386 • Views: 1123

More Releases from Market Prognosis

Technological Advancement in Global Mobile Advertising Market Forecast to 2026 …
Global Mobile Advertising Market Report 2019 offers elaborated knowledge on the market parts like size, Key Regions, growth, trends, dominating firms, Major Manufactures. The Mobile Advertising report introduces market competition situation among the vendors, revenue, product & services, latest developments and business strategies. Overview of the Global Mobile Advertising Market: The Global Mobile Advertising Market is accounted for $30.98 Billion in 2017 and is expected to reach $214.75 Billion by 2026 growing
Mining Chemicals Market Analysis and Forecast Report 2019 - 2026 with Estimated …
Global Mining Chemicals Market research report 2019 - 2026 provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. Overview of the Global Mining Chemicals Market: The Global Mining Chemicals Market is accounted for $6.11 Billion in 2017 and is expected to reach $10.01 Billion by 2026 growing at a CAGR of 5.6%. Significant factors which are influencing the market
Implantable Biomaterials Market Covering Prime Factors and Competitive Outlook T …
This comprehensive Implantable Biomaterials Market research report 2019 – 2026 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers. Overview of the Global Implantable Biomaterials Market: The Global Implantable Biomaterials Market is accounted for $96.11 Billion in 2017 and
Booming Growth in Global Semi-Trailer Market and Forecast to 2023 by Worldwide T …
The report covers a forecast and an analysis of the Semi-Trailer Market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2023 based on revenue and volume. Overview of the Global Semi-Trailer Market: The report spread across 89 pages is an overview of the Global Semi-Trailer Market - Analysis of Growth, Trends and Forecasts (2018 - 2023). These

All 5 Releases

More Releases for Trimble

Global Truck Telematics Market Growth 2019 : Trimble, Delphi, Mojio, GEOTAB
Telematics is a combination of the words telecommunications and informatics. Telematics, in a broad sense, is any integrated use of telecommunications with information and communications technology. It is the technology of sending, receiving and storing information relating to remote objects like vehicles via telecommunication devices. Truck telematics is a way of monitoring the location, movement, status and behavior of a vehicle within a fleet. This is achieved through a
Smart Agriculture Market Is Booming Worldwide | Deere, Trimble, Raven Industries
HTF MI recently introduced Global Smart Agriculture Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Deere, Trimble, Raven Industries, Agjunction, Agco, Climate, AG Leader Technology, Precision
Global Agriculture Drone Sales Market Report 2018-2025 | DJI, 3DR, Trimble Navig …
"The Latest Research Report Global Agriculture Drone Sales Market Report 2018 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -" The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report
Global Total Station Market 2017 - Suzhou FOIF Co., Hexagon, Trimble, Trimble
The report that is written on the titled Total Station Market 2017 covers all the aspects of the global market study. This report has an estimation about the Total Station Market size in terms of value (US$). The report contains the broad segmentation of the market. The report provides the information about the Total Station Market and also forecasts its position in the coming years. The global Total Station market is
Global Smart Farming Market 2017 - Trimble Navigation Limited, Trimble
The report entitled Global Smart Farming Market 2017 presents key insights into the global Smart Farming market along with the latest up-to-date industry details and forthcoming Smart Farming industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Smart Farming Market 2017" is to study comprehensive details of the market
System Upgrade for a Trimble ICS5000L Customer
German Company Provides Proven Positioning Solution for Airport Logistics The Hong Kong International Airport is the biggest air freight hub in the world. To guarantee the fail-safe operation of their logistics systems the airport operator relies on positioning systems provided by PSI Technics, headquartered in Germany. In 2010, the Hong Kong International Airport replaced Memphis International Airport as the biggest, top-ranking cargo airport in the world. According to figures provided by Airports