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Automotive High Precision Positioning Market to Observe Prominent CAGR Growth of 14.1% by 2029, Trends, Demand, Growth, Challenges and Competitive Outlook

10-10-2023 02:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Exactitude consultancy

Automotive High Precision Positioning Market

Automotive High Precision Positioning Market

The global automotive high-precision positioning market is expected to grow at 14.1% CAGR from 2020 to 2029. It is expected to reach above USD 28.5 billion by 2029 from USD 2.4 billion in 2020.

Exactitude Consultancy research's "Automotive High Precision Positioning" study report focuses at sales and the overall global market for Automotive High Precision Positioning in 2022. The sales forecast for Automotive High Precision Positioning by region and market sector for the years 2023 through 2026 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Automotive High Precision Positioning market, with sales of Automotive High Precision Positioning broken down by region, market sector, and sub-sector, in US$ million.

Based on market dynamics and development-promoting variables, the Automotive High Precision Positioning Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.

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Market Overview:

The growth and advancement of the autonomous driving sector, the maturation of Beidou navigation applications and 5G connectivity, and the development potential in the high-precision positioning market.

competitive analysis

The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Automotive High Precision Positioning market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.

Recent Developments:

November 2022- GMV, a pioneer in safe positioning systems, and u-blox, a leading global provider of cutting-edge positioning and wireless communication technology and services, have partnered to create practical, ready-to-use safe positioning solutions.

June 2022 - Septentrio has agreed to a distribution deal with CompoTEK for the markets of Germany, Austria, and Switzerland, which increase the company's market share for high-precision GNSS* modules. Modules and chips have been distributed by CompoTEK for more than ten years. In addition to presenting long-term product support, CompoTEK works closely with its clients at the design-in phase as well as while they are purchased and sourced products.

Major companies in Automotive High Precision Positioning Market are:

Novatel, Septentrio, U-blox, ADI, InvenSense, Aceinna, Bosch, STMicroelectronics, DAISCH, Asensing, CHCNAV, BYNAV Technology, Hi-Target, Allystar, ComNav Technology, Broadgnss, BDStar Navigation, Qianxun SI, Unicore Communications, Baidu, Joynext, Quectel, W-Ibeda, Jingwei Hirain.

Automotive High Precision Positioning Market Segmentation:

Automotive High Precision Positioning Market By Technology, 2020-2029, (USD Billion)

Global Navigation Satellite System (GNSS)

Inertial Measurement Unit (IMU)

Others (Camera, Lidar, Radar)

Automotive High Precision Positioning Market By Component Type, 2020-2029, (USD Billion)

Microarrays

Microfluidics

Automotive High Precision Positioning Market By End-Use Industry, 2020-2029, (USD Billion)

Biotechnology and Pharmaceutical Companies

Hospitals and Diagnostics Centers

Academic & Research Institutes

Other End Users

Automotive High Precision Positioning Market By Region, 2020-2029, (USD Billion)

North America

Asia Pacific

Europe

South America

Middle East and Africa

Important Countries in All Regions Are Covered.

This report also splits the market by region:

The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.

The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

Strategic Points Covered in Table of Content of Global Automotive High Precision Positioning Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive High Precision Positioning market
Chapter 2: Exclusive Summary - the basic information of the Automotive High Precision Positioning Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive High Precision Positioning
Chapter 4: Presenting the Automotive High Precision Positioning Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Automotive High Precision Positioning market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Browse a Detailed Summary of the Research Report @

https://exactitudeconsultancy.com/reports/19599/automotive-high-precision-positioning-market/#request-a-sample

Thank you for reading it all the way to this point.

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EMAIL ADDRESS: sales@exactitudeconsultancy.com  

About Us

Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.

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