Press release
3D Map System Market Forecast to 2025: How It Is Going To Impact on Industry to Grow In Near Future
The global 3D map system market for automotive is highly fragmented due to the presence of large number of players, according to Transparency Market Research (TMR). The players in the market are getting into strategic alliance and collaborations with other players in the market that will help them to gain stronger hold in the market. HERE is known as the global leader, which excels in generating 3D and HD maps. The company has also launched a cloud platform as a service (PaaS) that will help in increasing the logistic capabilities for shipping companies. Some of the other key players in the global 3D map system market for automotive are TomTom International BV, Robert Bosch GmbH, Aptiv, NVIDIA Corporation, DENSO CORPORATION, Elktrobit, Dynamic Map Platform Co., Ltd., Civil Maps, Axestrack, Nippon Seiki Co., Ltd, BAE Systems Plc., Continental AG, and Harman international. Among these global companies, Continental AG and Robert Bosch GmbH are leading the global market by providing advanced technologies in areas of software and hardware.Get Sample Copy:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=41408
As per the recent report published by TMR, the global 3D map system market for automotive is expected to attain a valuation of US$ 4 bn during the forecast period starting from 2017 to 2025. The market is projected to expand at a CAGR of 18% during the forecast period. Based on vehicle type, passenger vehicle segment is expected to lead the market as compared to commercial vehicles. Increasing demand for passenger cars have led this segment to lead the market. On the basis of geography, Europe is leading the 3D map system market by holding high percentage of market share in 2016. North America is expected grow in 3D map system market by expanding at 19% of CAGR during the forecast tenure.
Increasing Demand for Autonomous Cars to Boost Demand for Market
The 3D map system market is projected to flourish in coming years because of increasing adoption of newer technologies and the capacity of vehicles. These developments are a part of product differentiation by original equipment manufacturer (OEM). Autonomous cars have gained popularity and are being tested for on road performance by various companies. These autonomous cars are equipped with live HD maps giving constant information about the current traffic conditions, road closure, and weather conditions. Increasing demand for drivers assistance systems that is capable to facilitate the drivers by guiding them through acceleration and decelerating of the vehicles with a better understanding of the surroundings. Therefore, the 3D map system market is projected to rise in sync with the development of drivers assistance system.
Buy Complete Report@
https://www.transparencymarketresearch.com/checkout.php?rep_id=41408<ype=S
High Cost Involved with Autonomous Vehicles May Restrain the Market
Conversely, the 3D map system market is also experiencing certain restraints that may hamper the growth of the market in coming years. High cost related with continuous development in 3D maps systems is one of the significant factors hindering the market growth. Moreover, high additional cost attributed to constant updates to get accurate data could restrain the market to grow at an increasing rate. However, increasing preference towards internet of things and availability of fully automated vehicles will grow the 3D map system market during the forecast period.
The information presented in this review is based on a TMR report, titled “3D Map System Market For Automotive (Navigation – In-Dash Navigation, Handheld Navigation; System – Hardware, Software, Services; Sales Channel – OEM, Aftermarket; Vehicle – Passenger Vehicle, Commercial Vehicle) – Global Industry Analysis, Size, Share, Growth, Trends, And Forecast 2017 – 2025.”
Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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 3D Map System Market Forecast to 2025: How It Is Going To Impact on Industry to Grow In Near Future here
News-ID: 2365854 • Views: …
More Releases from Transparency Market Research
Water for Injection Market Projected to Reach USD 71.7 Billion by 2035 as Biolog …
The global Water for Injection (WFI) Market is poised for robust expansion over the coming decade, with market value rising from US$ 30.5 billion in 2024 to an anticipated US$ 71.7 billion by 2035, representing a CAGR of 8.0% between 2025 and 2035. Rapid growth in biologics and biosimilars manufacturing, broad adoption of single-use systems (SUS) in bioprocessing, and continued investments by pharmaceutical and contract manufacturing organizations (CMOs) are the…
Second-hand Products Market Projected to Surge to USD 1,044.0 Billion by 2035 as …
The global Second-hand Products Market is on track for extraordinary expansion, with the industry valued at US$ 186.0 billion in 2024 and forecast to reach US$ 1,044.0 billion by 2035, registering a robust CAGR of 17.2% over the 2025-2035 period. Driven by shifting consumer values, macroeconomic pressures, and rapid digitalization of resale channels, second-hand commerce is evolving from a niche alternative into a mainstream pillar of global retail.
Get a concise…
Carrier Screening Market Outlook 2035: Global Industry Set to Reach US$ 5.8 Bill …
The carrier screening market is undergoing a significant transformation as genetics becomes central to modern preventive healthcare, reproductive planning, and personalized medicine. With the global market valued at US$ 1.7 billion in 2024, carrier screening has already moved beyond its early, niche use cases and is now becoming a mainstream diagnostic tool across fertility clinics, prenatal care settings, and even direct-to-consumer testing channels. Over the next decade, the market is…
Nucleic Acid Therapeutics Market Set to Surge to USD 44.5 Billion by 2035 as Gen …
The global Nucleic Acid Therapeutics Market is entering a phase of rapid expansion, propelled by scientific breakthroughs, growing incidence of genetic disorders, and a regulatory environment that increasingly supports expedited development pathways. Valued at US$ 8.8 billion in 2024, the market is forecast to grow at a CAGR of 14.7% between 2025 and 2035, reaching an estimated US$ 44.5 billion by 2035.
Review significant findings and insights from our Report in…
More Releases for Vehicle
Transformative Trends Impacting the Vehicle-to-Vehicle (V2V) Communication Marke …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Vehicle-to-Vehicle (V2V) Communication Market Size By 2025?
The size of the vehicle-to-vehicle (V2V) communication market has seen significant expansion in the most recent years. The market is projected to surge from $24.28 billion in 2024 to $27.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. The…
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to the report published by Allied Market Research, the global electric vehicle motor market generated $5.5 billion in 2021, and is estimated to reach $34.4 billion by 2031, witnessing a CAGR of 20.3% from 2022 to 2031.
Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the growth of the Asia-Pacific market. Moreover, various technological…
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
According to a recent report published by Allied Market Research, titled,"Truck Platooning Market by Technology, Platooning Type, and Communication Technology: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global truck platooning market size was valued at $500.9 million in 2017, and is projected to reach $4,590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025.
To Explore More, Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5245
Global truck platooning market is segmented…
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to a new report published by Allied Market Research, titled, "Electric Vehicle Motor Market," The global electric vehicle motor market was valued at $5.5 billion in 2021, and is projected to reach $34.4 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.
Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the…
Electric Vehicle Power Inverter Market : Hybrid Vehicle, Plug in Hybrid Vehicle, …
The electric vehicle power inverter market was valued at $8.67 billion in 2021, and is estimated to reach $22.25 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031.
Download Sample Report at https://www.alliedmarketresearch.com/request-sample/9122
Factors that drive the growth of the electric vehicle power inverter market are increase in demand for electric vehicles, proactive government initiatives for the development of electric vehicle, and surge in demand for low-emission and…
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
The global truck platooning market size was valued at $500.9 million in 2017 and is projected to reach $4590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025 by Technology (Adaptive Cruise Control (ACC), Blind Spot Warning (BSW), Global Positioning System (GPS), Forward Collision Warning (FCW), Lane Keep Assist (LKA), and Others), Platooning type (Driver-Assistive Tuck Platooning (DATP) and Autonomous Truck Platooning), and Communication Technology (Vehicle-to-infrastructure (V2I),…
