Press release
Automotive High-precision Positioning Market worth $28.18 billion by 2030, growing at a CAGR of 8.71% - Exclusive Report by 360iResearch
Automotive High-precision Positioning Market | 360iResearch
The Global Automotive High-precision Positioning Market to grow from USD 15.70 billion in 2023 to USD 28.18 billion by 2030, at a CAGR of 8.71%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/automotive-high-precision-positioning?utm_source=openpr&utm_medium=referral&utm_campaign=sample
Automotive high-precision positioning refers to the use of advanced satellite and ground-based technologies to determine the exact location of a vehicle with high accuracy, typically within a few centimeters. This technology is crucial for various applications in the automotive industry, including autonomous driving, vehicle-to-everything (V2X) communication, and advanced driver-assistance systems (ADAS). It leverages a combination of global navigation satellite systems (GNSS), real-time kinematic (RTK) positioning, and inertial navigation systems to achieve the desired precision. The growth in the development and adoption of autonomous vehicles is a major driver, as high-precision positioning is fundamental for their operation. The demand for improved safety features in vehicles, such as advanced emergency braking and lane-keeping assistance, relies heavily on precise positioning systems. Furthermore, governments and international bodies are increasingly mandating the inclusion of safety and navigation features that require high-accuracy positioning, stimulating market growth. However, the implementation of high-precision positioning technology can be expensive, and integrating high-precision positioning with existing automotive systems and standards poses significant challenges. Moreover, the collection and transfer of precise location data raise concerns regarding user privacy and data security. However, key players are exploring blockchain technology and advanced encryption protocols rto safeguard data privacy and security. Innovations in satellite technology, signal processing, and machine learning offer the potential to overcome existing limitations, improving accuracy and reducing costs.
In the Americas, the demand for high-precision positioning systems is driven by the push for autonomous driving technology, the robust automotive sector, and the proliferation of electric vehicles (EVs). Consumer behavior shows a strong interest in advanced vehicle technology, safety, and eco-friendly solutions. Recent investments have focused on the development of GPS-based positioning and LiDAR technologies. The government's support for innovation through investment in research and development labs has encouraged advancements in high-precision positioning. APAC's position as a crucial manufacturer of automotive components and automotive production positions the region as a pivotal landscape for high-precision automotive positioning systems. The Chinese government's backing, through initiatives and funding, has spurred significant research and development. Patents filed within China emphasize advancements in satellite positioning technologies and the integration of these systems into smart city infrastructures. Japanese companies are at the forefront of developing and implementing high-precision Global Navigation Satellite System(GNSS) and Inertial Navigation System(INS) technologies. India's automotive industry is witnessing a surge in demand for advanced vehicle technologies, with high-precision positioning systems gaining attention for their potential to improve safety and navigation in densely populated areas. The European Union's stringent regulations on vehicle safety and emissions have propelled advancements in automotive high-precision positioning systems. Consumer demand for sustainable and safe transportation options further drives the market. EU-wide initiatives, such as Galileo, Europe's own global navigation satellite system, highlight the commitment to achieving superior positioning accuracy. Research and patents in the EU often focus on enhancing interoperability among different positioning technologies and ensuring resilient navigation in challenging environments.
Market Segmentation & Coverage:
This research report categorizes the Automotive High-precision Positioning Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Technology, market is studied across Global Navigation Satellite System, Inertial Navigation System, LiDAR-Based Positioning Systems, Optical Positioning Systems, Real-Time Kinematic, and Ultrasonic Positioning Systems. The Ultrasonic Positioning Systems is projected to witness significant market share during forecast period.
Based on Application, market is studied across Advanced Driver Assistance Systems, Autonomous Vehicles, Fleet Management Systems, Telematics & Navigation Systems, and Vehicle-to-Everything (V2X) Communication Systems. The Vehicle-to-Everything (V2X) Communication Systems is projected to witness significant market share during forecast period.
Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Cars. The Commercial Vehicles is projected to witness significant market share during forecast period.
Based on End User, market is studied across Aftermarket Suppliers, Fleet Operators, Original Equipment Manufacturers, and Transportation & Logistics Companies. The Aftermarket Suppliers is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 40.54% in 2023, followed by Americas.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/automotive-high-precision-positioning?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Automotive High-precision Positioning Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Automotive High-precision Positioning Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Automotive High-precision Positioning Market, highlighting leading vendors and their innovative profiles. These include ComNav Technology Ltd., Continental AG, DENSO Corporatio, Furuno Electric Co., Ltd., Garmin Ltd, Harman International by Samsung Electronics Co., Ltd., HERE Global B.V., Hexagon AB, Hitachi Ltd, Mitsubishi Corporation, Murata Manufacturing Co., Ltd., NEC Corporation, NVIDIA Corporation, Qualcomm Technologies, Inc., Robert Bosch GmbH, Rockwell Automation, Inc., Septentrio N.V., Sony Group Corporation, Spirent Communications plc, STMicroelectronics International N.V., TE Connectivity Ltd., Teledyne Technologies Incorporated, Trimble Inc., u-blox AG, and Valeo.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Automotive High-precision Positioning Market, by Technology
7. Automotive High-precision Positioning Market, by Application
8. Automotive High-precision Positioning Market, by Vehicle Type
9. Automotive High-precision Positioning Market, by End User
10. Americas Automotive High-precision Positioning Market
11. Asia-Pacific Automotive High-precision Positioning Market
12. Europe, Middle East & Africa Automotive High-precision Positioning Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Automotive High-precision Positioning Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Automotive High-precision Positioning Market?
3. What is the competitive strategic window for opportunities in the Automotive High-precision Positioning Market?
4. What are the technology trends and regulatory frameworks in the Automotive High-precision Positioning Market?
5. What is the market share of the leading vendors in the Automotive High-precision Positioning Market?
6. What modes and strategic moves are considered suitable for entering the Automotive High-precision Positioning Market?
Read More @ https://www.360iresearch.com/library/intelligence/automotive-high-precision-positioning?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Automotive High-precision Positioning Market worth $28.18 billion by 2030, growing at a CAGR of 8.71% - Exclusive Report by 360iResearch here
News-ID: 3435692 • Views: …
More Releases from 360iResearch
Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Globa …
In recent years, the silent ascent of human metapneumovirus (HMPV) infections has begun to capture significant attention within the realm of infectious diseases. As we advance in medical science, unraveling complexities of age-old pathogens like common influenza or emerging illnesses like COVID-19, a critical discourse has been emerging around HMPV. Particularly, there seems to be a burgeoning acknowledgment of its growing impact on vulnerable global populations, propelling an increased demand…
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and …
From Appetite to Advocacy: The Rising Demand for Meat Alternatives
In recent years, the global food industry has been undergoing a remarkable transformation, driven primarily by an increasing consumer demand for healthier, sustainable, and ethically sourced food products. This seismic shift has brought traditional meat alternatives and high-protein plant-based foods into the spotlight. As the world becomes more conscious of the implications of meat consumption on health and the environment, the…
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 202 …
Unpacking the Surge in Investments and Collaborations to Bolster Mobility-as-a-Service
In recent years, as urban landscapes continually evolve, a transformative shift known as Mobility-as-a-Service (MaaS) has reshaped the way we perceive transportation. Marked by the integration of various forms of transport services into a single accessible on-demand mobility solution, MaaS is rapidly gaining traction across global cities. As an emerging paradigm, it's not just shaping the future of travel but also…
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 …
Smart City Revolutions: Why Data Center Colocation is the Future Backbone
In the era of digital transformation, urban landscapes across the globe are undergoing a seismic shift toward becoming "smart cities." The concept of a smart city revolves around using digital technology, IoT (Internet of Things), AI, and data analytics at an unprecedented scale to improve urban infrastructure, manage resources efficiently, and enhance the quality of life for citizens. A vital…
More Releases for Positioning
Wireless Positioning Unit Market
The "Wireless Positioning Unit Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Wireless Positioning Unit Market, 2024-2031
Verified Market Research's most recent report, "Wireless Positioning Unit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides…
Radiotherapy Patient Positioning Accessories Market - Precision and Comfort: Enh …
Newark, New Castle, USA: The "Radiotherapy Patient Positioning Accessories Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Radiotherapy Patient Positioning Accessories Market: https://www.growthplusreports.com/report/radiotherapy-patient-positioning-accessories-market/8690
This latest report researches the…
Patient Positioning Systems Market: Technological Advancements in Patient Posit …
The Patient Positioning Systems Market research report provides an in depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. Growth rate, market share captured, and valuation estimates for each region, segment, and company are documented as well.
View Report - https://www.theinsightpartners.com/reports/patient-positioning-systems-market/
Patient positioning systems include hospitals tables, patient positioners, and support…
Global Mobile Positioning System Market 2020 Business Strategies – Topcon Posi …
The market report titled “Mobile Positioning System Market for Mapping and Surviving, Live Tracking of Objects, Vehicles, and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022.” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Mobile Positioning System Market market. The report willfunction as a medium for the better assessment of the existing and future situations of the global…
fluidOps Strengthens Market Positioning
Walldorf, Germany – fluid Operations® AG (fluidOps), a leader in semantic technologies, today presented its new corporate positioning guided by the principle “Semantifying Business”. The company, which is underpinning this shift with the simultaneous launch of a new corporate identity and Web site, is placing a stronger focus on its core technological competencies.
Unleashing business potential
Information Workbench, the company’s semantic integration platform, is at the heart of the new positioning.…
New Linear Positioning Stage from PI miCos Unites Force, Compactness and Positio …
PI miCos has extended its LPS series of linear positioning stages. The drive arrangement of the new, compact LPS-45 stage series is based on a piezoelectric inertia drive.
Using only minimal space, these linear positioning stages provide a combination of high force and high positioning accuracy that cannot be achieved with conventional drive arrangements, such as DC and stepper motors. LPS-45 stages provide a holding force or maximum driving force of…
