Global Automotive 3D Map System Market Size, Share, and COVID-19 Impact Analysis By Component (Hardware, Software, and Services), By Navigation Type (In-Dash Navigation, Heads-Up Display (HUD), Augmented Reality (AR) Navigation), By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy-duty Trucks, Buses & Coaches, Off-road Vehicles), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Automotive & Transportation

RELEASE DATE Jul 2024
REPORT ID SI5265
PAGES 195
REPORT FORMAT PathSoft

Global Automotive 3D Map System Market Insights Forecasts to 2033

  • The Global Automotive 3D Map System Market Size was Valued at USD 5.04 Billion in 2023
  • The Market Size is Growing at a CAGR of 10.47% from 2023 to 2033
  • The Worldwide Automotive 3D Map System Market Size is Expected to Reach USD 13.64 Billion by 2033
  • Asia-Pacific is Expected to Grow the fastest during the forecast period.

Global Automotive 3D Map System Market

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The Global Automotive 3D Map System Market Size is Anticipated to Exceed USD 13.64 Billion by 2033, Growing at a CAGR of 10.47% from 2023 to 2033.

 

Market Overview

An advanced navigation system, such as an automotive 3D map system, gives drivers an accurate three-dimensional (3D) representation of their surroundings, making navigation simpler and more interesting.  The utilizing consideration factors like elevation and road curvature, 3D maps generate more accurate navigation instructions. The market is expanding as a result of rising investments in the creation of automated driving features in 3D mapping and Advanced Driver Assistance Systems (ADAS). Government rules, particularly those related to emissions and car safety standards, are a major factor driving the market for automotive 3D mapping systems.

 

Several factors drive the industry, including investments that increase innovation, resulting in improved safety, autonomous driving, and navigational capabilities that drive the market growth. Furthermore, key market players such as Axestrack, Tesla, Elektrobit (EB), Rohde & Schwarz, Garmin Ltd., Mapbox, HERE Technologies.

 

For instance, in September 2023, A Series E funding round led by Mapbox, a location-based platform, raised USD 280 million to support the platform's expansion in the automotive market and enable the integration of Artificial Intelligence (AI) into automobiles. With the support of this funding, Mapbox will be able to improve its driving and safety features of its, providing connectivity over a wider range of driving conditions and geographic regions.

 

Report Coverage

This research report categorizes the market for the global automotive 3D map system market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global automotive 3D map system market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global automotive 3D map system market.

 

Global Automotive 3D Map System Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023 :USD 5.04 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :10.47%
2033 Value Projection:USD 13.64 Billion
Historical Data for:2019-2022
No. of Pages:195
Tables, Charts & Figures:110
Segments covered:By Component, By Navigation Type, By Vehicle Type, By Region
Companies covered:: Axestrack, Tesla, Elektrobit (EB), Rohde & Schwarz, Garmin Ltd., Mapbox, HERE Technologies, Aptiv PLC, Microsoft Corporation, Mitsubishi Electric Corporation, NVIDIA Corporation, TomTom, Trimble Inc., Valeo SA, and Others Key Vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

Connected vehicles are capable of communicating with one another and with infrastructure to inform drivers of possible risks and prevent collisions. For instance, vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication can help drivers remain secure through construction zones and congested roads. Among the many benefits that linked vehicles can provide are over-the-air software updates, remote diagnostics, and real-time traffic updates. These features support drivers save time and money by enabling relaxed traveling. The market for 3D mapping systems is driven by the presence of leading automakers, technology companies, and growing consumer interest in autonomous vehicles.

 

Restraining Factors

The seamless integration and compatibility of 3D map systems with a range of vehicle platforms, hardware configurations, and software ecosystems presents technical difficulties for manufacturers and developers, which could restrict market penetration and adoption rates.

 

Market Segmentation

The global automotive 3D map system market share is classified into component, navigation type, and vehicle type.

  • The software segment is expected to hold the largest share of the global automotive 3D map system market during the forecast period.   

Based on the components, the global automotive 3D map system market is divided into hardware, software, and services. Among these, the software segment is expected to hold the largest share of the global automotive 3D map system market during the forecast period. The system's brain, the software, interprets the data to create high-definition 3D maps, allowing functions like real-time traffic updates and lane guidance. Artificial intelligence (AI) and machine learning (ML) software innovations are critical to improving map accuracy and facilitating smooth integration with advanced driver-assistance systems (ADAS).   

 

  • The in-dash navigation segment is expected to hold the largest share of the global automotive 3D map system market during the forecast period.   

Based on the navigation type, the global automotive 3D map system market is divided into in-dash navigation, heads-up display (HUD), and augmented reality (AR) navigation. Among these, the in-dash navigation segment is expected to hold the largest share of the global automotive 3D Map System market during the forecast period. The in-dash navigation market is expanding as a result of the launch of product ranges designed to encourage safer driving. Businesses improve driver safety and awareness by providing features like dash cameras, GPS trackers, and smart helmet kits. To enable suitable guidance with accelerating and braking of the vehicle in order with the surroundings, an in-dash navigation system is integrated with advanced driver support systems as needed. The majority of people choose in-dash navigation over handheld navigation.

 

  • The passenger vehicles segment is expected to hold the largest share of the global automotive 3D map system market during the forecast period.   

Based on the vehicle type, the global automotive 3D map system market is divided into passenger vehicles, light commercial vehicles, heavy-duty trucks, buses & coaches, and off-road vehicles. Among these, the passenger vehicles segment is expected to hold the largest share of the global automotive 3D Map System market during the forecast period. The growing popularity of autonomous vehicles is a big trend driving the passenger car market. These systems are essential to allowing safe and accurate travel by autonomous cars. They achieve this by offering comprehensive maps that facilitate real-time corrections, obstacle identification, and route planning. Therefore, achieving the full potential of autonomous passenger vehicles requires the development and integration of precise 3D mapping systems.

 

Regional Segment Analysis of the Global Automotive 3D Map System Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global automotive 3D map system market over the predicted timeframe.

Global Automotive 3D Map System Market

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North America is anticipated to hold the largest share of the global automotive 3D map system market over the predicted timeframe. The North American market, which includes the US and Canada, has a significant growth on the automotive 3D map system market. Investments in autonomous driving technology and regulatory support contributed to the development of 3D mapping in this field. The market for automotive 3D map systems in North America is controlled by a few main players including HERE Technologies, TomTom, and Nvidia. For instance, the HD maps that HERE Technologies and Daimler have developed especially for driverless cars. Together with Volkswagen and Audi, TomTom is developing real-time 3D mapping for ADAS systems.

 

Asia-Pacific is expected to grow at the fastest pace in the global automotive 3D map system market during the forecast period. China is the market leader in Asia Pacific for automotive 3D map systems, followed by South Korea, Japan, and India. The Chinese government has made large investments in the development of intelligent transportation and smart city systems, which is driving the need for automotive 3D map systems. The automotive sectors in South Korea and Japan have made large investments in autonomous driving technology, which is improving the need for automotive 3D map systems.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global automotive 3D map system market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Axestrack
  • Tesla
  • Elektrobit (EB)
  • Rohde & Schwarz
  • Garmin Ltd.
  • Mapbox
  • HERE Technologies
  • Aptiv PLC
  • Microsoft Corporation
  • Mitsubishi Electric Corporation
  • NVIDIA Corporation
  • TomTom
  • Trimble Inc.
  • Valeo SA
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In April 2024, To reinvent automotive radar Hardware-in-the-Loop (HIL) integration testing and lower costs by moving Autonomous Driving (AD) testing from the proving field to the development lab, Rohde & Schwarz announced a partnership with IPG Automotive, a leader in virtual test driving.

 

  • In January 2024, In China, Tesla launched new features with the software update 2023.44.32. Improvements include a media volume reduction feature that happens automatically when reversing, as well as extended voice control capabilities for windows and lighting. In addition, the most notable change in this version is the addition of a special 3D map display designed for China.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global automotive 3D map system market based on the below-mentioned segments: 

 

Global Automotive 3D Map System Market, By Component

  • Hardware
  • Software
  • Services

 

Global Automotive 3D Map System Market, By Navigation Type

  • In-dash Navigation
  • Heads-Up Display (HUD)
  • Augmented Reality (AR) Navigation

 

Global Automotive 3D Map System Market, By Vehicle Type  

  • Passenger Vehicles
  • Light Commercial Vehicles
  • Heavy-duty Trucks
  • Buses & Coaches
  • Off-road Vehicles

 

Global Automotive 3D Map System Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.Which are the key companies that are currently operating within the market?
    Axestrack, Tesla, Elektrobit (EB), Rohde & Schwarz, Garmin Ltd., Mapbox, HERE Technologies, Aptiv PLC, Microsoft Corporation, Mitsubishi Electric Corporation, NVIDIA Corporation, TomTom, Trimble Inc., Valeo SA, and Others.
  • 2.What is the size of the global automotive 3D map system market?
    The global automotive 3D map system market is expected to grow from USD 5.04 Billion in 2023 to USD 13.64 Billion by 2033, at a CAGR of 10.47% during the forecast period 2023-2033.
  • 3.Which region is holding the largest share of the market?
    North America is anticipated to hold the largest share of the global automotive 3D map system market over the predicted timeframe.

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