According to a new report published by Reports Monitor titled, “3D Map System Market By Navigation, System, Sales Channel and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the 3D Map System Market is projected to grow rapidly from 2018 to 2025.
Travelling to unknown locations has become easier owing to the advancements in tracking technology like GPS. 3D maps bring the added convenience and improves the accuracy and usefulness of maps. Navigation system is a vital element of vehicles dashboard and has created revaluation in automobile industry with 3D map systems. 3D maps are more accurate in describing the surrounding as it is than 2D maps. Many times, 2D maps create confusion and chaos in places like under construction roads, terrain areas, over bridges etc.
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This report provides a detailed analysis of 3D Map System market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
Increased tourism across globe, increased adventurous tours, and more accurate than 2D maps are the major driving factors for this market. Moreover, increased purchasing power due to rise in disposable income has led to the demand for higher level of automation in vehicles. Self-driving cars required 3D maps in order to gain insights on weather conditions, road closures, and live traffic.
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Global 3D map system market is majorly segmented on the basis of Navigation (In-Dash Navigation and Handheld Navigation), System (Hardware and Software & Services), Sales Channel (OEMs and Aftermarket) & Vehicle Type (Passenger Vehicle and Commercial Vehicles).
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in Global 3D Map System Market and what are their strategies?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Robert Bosch GmbH, Continental AG, DENSO CORPORATION, Aptiv, HERE, NVIDIA Corporation, Elktrobit, Dynamic Map Platform Co., Ltd., TomTom International BV, Civil Maps, Axestrack, BAE Systems Plc., Harman international, and Nippon Seiki Co., Ltd.
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