Press release
Automotive Maps Market Growing Popularity & Emerging Trends | Google, TomTom, Garmin
HTF MI introduces new research on Automotive Maps covering the micro level of analysis by competitors and key business segments (2024-2030). The Automotive Maps explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled in the study are Google (United States), HERE Technologies (Netherlands), TomTom (Netherlands), Garmin Ltd. (United States), Mapbox (United States), NavInfo Co., Ltd. (China), Baidu Maps (China), Apple Maps (United States), Alibaba Cloud (China), Zenrin Co., Ltd. (Japan), Harman International (United States), Continental AG (Germany), Waymo (United States).The global Automotive Maps market size is expanding at robust growth of 22.3%, sizing up market trajectory from USD 6.7 Billion in 2024 to USD 22.53 Billion by 2030.
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On the off chance that you are engaged with the industry or expect to be, at that point this investigation will give you a complete perspective. It's crucial you stay up with the latest sectioned by Applications [Navigation Systems, Advanced Driver-Assistance Systems (ADAS), Fleet Management, Traffic Analysis], Product Types [2D Maps, 3D Maps, Dynamic Maps, Augmented Reality (AR) Maps] and some significant parts of the business.
Definition:
The Automotive Maps Market refers to the industry focused on the creation, distribution, and integration of digital mapping solutions and geographic information systems (GIS) into vehicles. These maps are designed to provide real-time navigation, location-based services, and support advanced driver-assistance systems (ADAS) and autonomous driving technologies.
Market Trends:
● Incorporation of live traffic information to optimize routes and reduce travel time.
Market Drivers:
● Increased demand for in-vehicle navigation for enhanced driving experiences.
Market Opportunities:
●Increasing number of connected vehicles creates demand for advanced mapping services.
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Automotive Maps Market by Key Players: Google (United States), HERE Technologies (Netherlands), TomTom (Netherlands), Garmin Ltd. (United States), Mapbox (United States), NavInfo Co., Ltd. (China), Baidu Maps (China), Apple Maps (United States), Alibaba Cloud (China), Zenrin Co., Ltd. (Japan), Harman International (United States), Continental AG (Germany), Waymo (United States)
●On 5th March 2024, "Genesys International has unveiled India's first AI-driven navigation map, set to transform driving services. This innovative map leverages advanced artificial intelligence to enhance route planning, navigation accuracy, and user experience. By introducing cutting-edge technology, Genesys aims to revolutionize automotive navigation and set new standards for intelligent mapping solutions in the Indian market."
Which market aspects are illuminated in the report?
Executive Summary: It covers a summary of the most vital studies, the Automotive Maps market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.
Study Analysis: Covers major companies, vital market segments, and the scope of the products offered in the Automotive Maps market, the years measured, and the study points.
Company Profile: Each Firm well-defined in this segment is screened based on a product's, value, SWOT analysis, ability, and other significant features.
Manufacture by region: This Automotive Maps report offers data on imports and exports, sales, production, and key companies in all studied regional markets
Automotive Maps Market by Geographical Analysis:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
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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 innovations Value chain, and investor analysis.
Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter's five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.
Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.
Key Points in the Market: The key features of this Automotive Maps market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Australia or Southeast Asia.
Contact Us:
Nidhi Bhavsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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