Press release
Autonomous Vehicles Driving Growth In Positioning Systems Market Driver: A Major Catalyst in the Evolution of the Positioning Systems Market in 2025
Positioning Systems
The rising number of autonomous vehicles is expected to drive the growth of the positioning systems market. Autonomous vehicles, which use advanced sensor technologies and AI to navigate without human input, depend heavily on positioning systems to ensure safety and reliability. The increase in autonomous vehicles, driven by technological advancements and investments, is fueling demand for highly accurate positioning systems. The National Association of Insurance Commissioners projects 3.5 million autonomous vehicles in the U.S. by 2025 and 4.5 million by 2030. Thus, the growing number of autonomous vehicles is driving the positioning systems market.
Get Your Positioning Systems Market Report Here:
https://www.thebusinessresearchcompany.com/report/positioning-systems-global-market-report
What Is the projected market size and growth rate for the positioning systems market?
The positioning systems market has grown rapidly in recent years. It will increase from $93.34 billion in 2024 to $108.78 billion in 2025, at a CAGR of 16.5%. The growth is driven by rapid urbanization, the development of smart cities, the proliferation of GPS-enabled vehicles, the rise in social media usage, and the increasing adoption of e-hailing services.
The positioning systems market is expected to grow to $198.82 billion by 2029, at a CAGR of 16.3%. Growth factors include the demand for location-based services (LBS), the adoption of autonomous vehicles, the need for positioning systems in precision agriculture, 5G network integration, and the growing penetration of smartphones. Major trends include the use of IoT devices, advancements in positioning technology, and integration with connected cars.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16157&type=smp
What new trends are reshaping the positioning systems market and its opportunities?
Companies in the positioning systems market are focusing on enhancing their technologies, like visual positioning systems (VPS), to stay competitive. VPS uses visual data from cameras or sensors to enable precise localization and navigation of devices. Immersal Oy, a Finland-based AR company, launched the Immersal City-Scale Visual Positioning System in February 2023, utilizing computer vision and machine learning for highly reliable indoor and outdoor positioning. It supports features like 3D mapping and real-time localization, making it valuable for applications like smart cities and retail.
What major market segments define the scope and growth of the positioning systems market?
The positioning systems market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Technology: Satellite-Based, Non-Satellite Based
3) By Application: Navigation, Surveying And Mapping, Fleet Management, Geotagging, Other Applications
4) By End-User: Transportation And Logistics, Defense And Military, Healthcare, Aerospace, Agriculture, Consumer Electronics, Other End-Users
Subsegments:
1) By Hardware: GPS Receivers, Antennas, Sensors (Accelerometers, Gyroscopes), Processors, RF Modules, Other Hardware Components
2) By Software: Navigation Software, Mapping And Visualization Software, Positioning Software (GNSS, RTK, And Others), Data Processing Software, Application Software (Location-Based Services, Fleet Management)
3) By Services: Consulting Services, Integration Services, Maintenance And Support Services, Cloud-Based Positioning Services, Training Services, Data Services (Satellite Data, Location-Based Analytics)
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16157
Which region dominates the positioning systems market?
North America was the largest region in the positioning systems market in 2023. The regions covered in the positioning systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the positioning systems industry growth?
Major companies operating in the positioning systems market are General Electric Company, A.B Volvo, Qualcomm Inc., Broadcom Inc., ABB Ltd., L3 Harris Technologies Inc., Rolls Royce PLC., Wartsila, Hexagon AB, Trimble Navigation Ltd., Kongsberg Gruppen ASA, MiTAC Digital Technology Corporation, Royal IHC Ltd., Norr Systems Pte Ltd., RH Marine, Twin Disc inc., Moxa Inc., Alphatron Marine BV, Sonardyne International Ltd., Reygar Ltd., Thrustmaster of Texas Inc., Marine Technologies LLC, Navis Engineering, Raytheon Anschutz, Praxis Automation Technology BV
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=16157&type=smp
What Is Covered In The Positioning Systems Global Market Report?
•Market Size Forecast: Examine the positioning systems market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the positioning systems market for a structured understanding.
•Key Players Overview: Analyze major players in the positioning systems market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the positioning systems market.
•Segment Contributions: Evaluate how different segments drive overall growth in the positioning systems market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the positioning systems market.
•Industry Challenges: Identify potential risks and obstacles affecting the positioning systems market.
•Competitive Landscape: Review strategic developments in the positioning systems market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Autonomous Vehicles Driving Growth In Positioning Systems Market Driver: A Major Catalyst in the Evolution of the Positioning Systems Market in 2025 here
News-ID: 3931991 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
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…
