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Automotive High-precision Positioning Market worth $28.18 billion by 2030, growing at a CAGR of 8.71% - Exclusive Report by 360iResearch

08-06-2024 01:59 PM CET | Logistics & Transport

Press release from: 360iResearch

Automotive High-precision Positioning Market | 360iResearch

Automotive High-precision Positioning Market | 360iResearch

The "Automotive High-precision Positioning Market by Technology (Global Navigation Satellite System, Inertial Navigation System, LiDAR-Based Positioning Systems), Application (Advanced Driver Assistance Systems, Autonomous Vehicles, Fleet Management Systems), Vehicle Type, End User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

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The market for Automotive High-precision Positioning encompasses technologies and systems designed to deliver precise vehicle positioning information. This includes Global Navigation Satellite Systems (GNSS), Real-Time Kinematic (RTK) positioning, and advanced satellite and sensor technology, crucial for applications such as autonomous driving, Advanced Driver-Assistance Systems (ADAS), and connected vehicle technologies. High-precision positioning is essential for enhancing safety, improving ADAS functionality, supporting navigation and route optimization for logistics and fleet management, enabling vehicle-to-everything (V2X) communication, and enhancing consumer navigation and infotainment experiences. Applications involve autonomous vehicles, ADAS, fleet management, consumer infotainment, logistics, and V2X communication across sectors including automotive OEMs, logistics, tech firms, and urban planning authorities. Market growth is driven by increased R&D investment, regulatory support, technological advancements, and rising consumer demand for advanced safety features and enhanced navigation systems. Key growth factors include regulatory mandates for safety, technological progress in GNSS and RTK, and strategic collaborations. Opportunities arise in expanding telematics services, integrating data for smart cities, researching Multi-GNSS capabilities, and innovating vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) communication for better traffic management and safety. To capture these opportunities, it is recommended to invest in R&D, form partnerships with technology firms, develop tailored solutions, and adopt AI and data analytics for improved positioning accuracy. However, challenges such as high costs, data privacy concerns, technical issues, and varying global regulations persist. Areas for innovation include sensor fusion, AI, blockchain for data security, augmented reality navigation, and leveraging 5G technology. The market, characterized by rapid advancements and regulatory changes, offers significant growth potential through innovative technologies and strategic partnerships.

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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.

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.

Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Cars.

Based on End User, market is studied across Aftermarket Suppliers, Fleet Operators, Original Equipment Manufacturers, and Transportation & Logistics Companies.

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.

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.

Introducing 360iResearch AI: Revolutionizing Market Intelligence with AI-Powered Insights for the Automotive High-precision Positioning Market

We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the Automotive High-precision Positioning Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Automotive High-precision Positioning Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.

Ask Question to Research AI @ https://www.360iresearch.com/library/intelligence/automotive-high-precision-positioning

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

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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.

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