Mobile Mapping Market Research Report by Forecast to 2023


Posted July 19, 2019 by son1ane12

Mobile Mapping Market Research Report: by Component (Hardware, Software, Services), Solution (Location Based, Indoor Mapping)

 
Mobile Mapping Market Highlights:
The global mobile mapping market is eyeing for an unprecedented USD 32.47 billion by 2023 with a CAGR of 13.42% during the forecast period (2018–2023). Market Research Future (MRFR) in their report envelops segmentations and drivers to offer a better glimpse of the market in the coming years. Mobile mapping is a highly accurate method of gathering geospatial data from mobile vehicles. The system consists of various types of components including positioning sensors, laser scanners, LiDAR, radar-mounted digital cameras, or numerous remote sensing devices mounted on a mobile platform such as SUVs, boats, and all-terrain vehicles (ATVs) depending on the end-use application. These systems provide results in the form of digital maps, GIS data, and georeferenced images, and video. 3D mobile mapping is one of the most important geospatial technologies available which has the ability to change the way environments are measured, visualized, analyzed, and cataloged. Mobile mapping is used for land surveying, laser scanning, map creation, aerial surveys, facility/road management, and various other applications
However, limitations of Mobile Mapping Market systems are expected to hamper the growth of mobile mapping systems during the forecast period. Factors such as obstruction due to tall buildings, passing large trucks, driving under overhanging vegetation, even two-story buildings on narrow roads and overpasses among others leading to complete GPS data loss have made the process of data acquisition with the help of mobile mapping systems less accurate. The shortcomings of the ground-based mobile mapping systems are expected to hamper the growth of the mobile mapping market during the forecast period.
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Companies Covered:
The key players of global mobile mapping market are Trimble Inc. (USA), Mitsubishi Electric Corporation (Japan), Google (USA), PASCO CORPORATION (Japan), Huron Geomatics Inc. (Canada), TOPCON CORPORATION (Japan), The Sanborn Map Company Inc (USA), 3D Laser Mapping (UK), Apple Inc. (USA), NAVVIS (Germany), Telefonaktiebolaget LM Ericsson (Sweden), NGC Aerospace Ltd (Canada), FARO Technologies Inc. (USA), Hexagon AB (Sweden), TomTom International BV (Netherlands), IGI mbH (Germany), Hyper Tech (Israel), Gexcel (Italy)and Microsoft Corporation (USA).

Market Segmentation:
Extensive research of the mobile mapping market segments the market by component, solution, application, and end-user.
Based on the component, the mobile mapping market has been segmented into hardware, software, and services. The hardware segment accounted for the largest market share in 2017, with a market value of USD 8,099.8 million; it is expected to register a CAGR of 12.35% during the forecast period. The software segment was the second-largest market in 2017, and it is projected to register the highest CAGR of 15.54%.
The hardware segment has been further segmented into cameras, sensors, laser scanners, and others. The cameras segment accounted for the largest market share in 2017, it is expected to register a CAGR of 11.21% during the forecast period. The services segment has been further segmented into professional and managed. The professional segment accounted for the larger market share in 2017; it is expected to register a CAGR of 13.83% during the forecast period.
Based on the solution, the mobile mapping market has been sub-segmented into location-based services, asset management solutions, indoor mapping, 3D mapping, and others. The location-based segment accounted for the largest market share in 2017; it is expected to register a CAGR of 10.69% during the forecast period. The 3D mapping segment is expected to register the highest CAGR of 16.57%.
Based on application, the market for mobile mapping has been segmented into land surveying, laser scanning, aerial surveys, bridge planning, and others. The land surveys segment accounted for the larger market share in 2017; it is expected to register a CAGR of 12.13% during the forecast period. The bridge planning segment is expected to register the highest CAGR of 15.48%.
Based on end user, the market for mobile mapping has been segmented into agriculture, real estate & construction, energy & power, marine transport, manufacturing, aviation & aerospace, mining, IT & telecom, healthcare, media & entertainment, and others. The real estate & construction segment accounted for the largest market share in 2017, it is expected to register a CAGR of 13.46% during the forecast period. The manufacturing segment is expected to register the highest CAGR of 18.93%.

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Regional Analysis:
The mobile mapping market, by region, has been segmented into Asia-Pacific, North America, Europe, and the rest of the world (RoW). The rising adoption of mobile mapping to gather geospatial data in the North American countries is mainly driving the market growth. Additionally, increasing ownership of smartphones equipped with global positioning systems (GPS) in the US, Canada, and Mexico contribute significantly to the market growth in this region. In the US, growing demand for mobile mapping technology in the transportation sector to facilitate high-precision mapping over long range, capture details regarding road barriers, analyze road surface, locating overhead wires, light poles, and signboards along with route assessment drives the market growth. The growing demand for GNSS (Global Navigation Satellite System) data in Mexico drives the adoption of mobile mapping technology in the country. Furthermore, increasing applications of mobile mapping for aerial, land, and water surveys, mapping of public infrastructures such as tunnels, bridges, subways, road inventory, rail inspection, and cartography also drive the market growth in Mexico. In Europe, mobile mapping technology is being utilized for various applications, namely automatic detection of traffic lights, road signs, walking pathways, and asset management and tracking. Growing focus among the European countries for the use of airborne LiDAR-based mobile mapping for urban and rural mapping, transportation, rail asset management, and global information system (GIS) applications also promotes the market growth.

In the Asia-Pacific region, the growing development and penetration of mobile mapping technology in China, Japan, India, Australia, New Zealand, South Korea, and Taiwan is rapidly driving market growth. In addition, Asia-Pacific is expected to witness a high demand for mobile mapping technology for land vehicle navigation, smart highway systems, and smart transport systems. Additionally, advances in network connectivity, increased adoption of smartphones, and growing demand for the survey of roads, bridges, land, and other public infrastructure in the Asian countries are fuelling the market demand in the region.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Issued By Market Research Future
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Business Address Market Research Future Office No. 524/528,
Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028
Country India
Categories Business , Computers , Technology
Tags mobile mapping market , mobile mapping market forecast , mobile mapping market size , mobile mapping market trends
Last Updated July 19, 2019