Navigation & Mapping Solutions Market Scope
Navigation & mapping focuses on the collection and use of data. Mapping is based on digital aerial photographs, multispectral data as well as laser and radar measurements from aircraft and satellites and covers everything from 3D maps of buildings to mapping of sea levels and flooding on land. Navigation is combined with mapping to ensure correspondence between the maps and positions derived from satellite navigation data.
The Navigation & Mapping Solutions market study is segmented by Type (Navigation (Land Navigation, Marine Navigation, Aeronautic Navigation, and Space Navigation) and Mapping (Political Map, Physical Map, Topographic Map, Climatic Map, and Others)), by Application (Automotive, Aviation, Marine, Outdoor, Fitness and Others) and major geographies with country level break-up.
Global Navigation & Mapping Solutions is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching and Systems and Solutions. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Intellias (Germany), Trimble (United States), Telenav (United States), Garmin (United States), Topcon (Japan), NovAtel (Canada), Sygic (Slovakia), Tableau Software (United States) and ArcGIS (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Navigation & Mapping Solutions market by Type, Application and Region.
On the basis of geography, the market of Navigation & Mapping Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 17th February 2021, Telenav has acquired by V99, Inc. The transaction enables Telenav for greater flexibility to execute on connected car strategy and helps to accelerate the growth.
In 2019, Trimble has launched Trimble MAPS, a new division in Maps and Applications for professional solutions. The new division is dedicated to driving the next generation of commercial map-centric technologies.
Market Trend
- Need of Navigation and Mapping for New Drivers
- Growing Popularity of Navigation and Mapping because it provides Real-Time Map of the Current Location and Step-By-Step Directions to a Requested Destination.
Market Drivers
- Increasing Demand for Navigation and Mapping from Construction Sector
Opportunities
- Rising Adoption of Navigation and Mapping Solutions by Drivers can create Opportunities for the Market Growth
Restraints
Key Target Audience
Navigation & Mapping Solutions Developers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others