Automotive 3D Maps Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Albany, NY -- (SBWIRE) -- 03/01/2018 -- Automotive 3D map is a three-dimensional depiction of environments such as region and location in greater detail and scaling. Automotive 3D map is developed by the three-dimensional mapping technique, which captures the image using manned aircraft, helicopter, and unmanned aerial vehicle. Automotive 3D maps display key information such as navigation direction, interior of the region, and substantial spaces of any dimension. Automotive 3D maps enable the driver of a vehicle to opt for the shortest possible route or distance to travel onto the screen.
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Rise in technological advancement of navigation system for automotive 3D maps, which is common in new modern cars such as BMW 7series, Mercedes Benz s-class, Audi R8, and Jaguar XJ, is expected to be a key factor driving the 3D maps market during the forecast period. Automotive 3D maps aim to promote the concept of self-driving. In the automotive industry automotive 3D maps installation for navigation direction and location in vehicles is assisting the advanced driver assist system (ADAS). Led by numerous benefits such as replacing old location map by new detailed location one, enlarging with pixel scaling, automotive 3D map technology is expected to provide lucrative opportunities towards modernization of the automotive industry. Automotive 3D maps technology is sophisticated. However, it is expensive as compared to the 2D maps technology. This is anticipated to hamper the automotive 3D maps market.
Based on technology, the automotive 3D maps market can be segmented into global positioning system and in-dash navigation system. Under global positioning system, 3D maps are online and connected with the GPS network. The in-dash navigation system primarily consists of display unit, antenna module, and control module, wiring harnesses are offline and embedded in the vehicle.
Based on vehicle type, the automotive 3D maps market can be classified into passenger vehicles and commercial vehicles. The passenger vehicles segment includes hatchback cars, sedans, multi-purpose vehicles, and sport utility vehicles. The commercial vehicles segment comprises light-weight commercial vehicles and heavy commercial vehicles. Based on end-user, the automotive 3D maps market can be segmented into luxury car, mid-segmented car, and sports car.
Based on portability, the automotive 3D maps market can be bifurcated into embedded type and portable type. Embedded type 3D maps account for large market share, as these are fixed and used by most of the global automotive industries as compared to the portable type, which is not fixed.
In terms of geography, the automotive 3D maps market can be divided into North America, Europe, Asia Pacific, Latin America, Middle East, and Rest of the World (ROW). North America accounts for the major share of the global automotive 3D maps market, owing to the high adoption rate of automotive 3D maps technology and expansion in the automotive sector. Germany, France, Italy, and the U.K. are leading countries in terms of adoption of automotive 3D maps technology. The automotive 3D maps market has been expanding in the Middle East owing to the rapid technological developments in the region. China, Japan, and South Korea in Asia Pacific are also expected to witness significant growth in the automotive 3D maps market during the forecast period.
Key players operating in the global automotive 3D maps market include Google, Apple Inc., Saab AB, Continental Ag, Autodesk Inc., NTT DATA Corporation, and Robert Bosch Gmbh.
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