Mobile Mapping Market Highlights:
According to Market Research Future (MRFR)’s report, the global mobile mapping market has been anticipated to scale a CAGR of 17% during the forecast period 2017 to 2023. The assessment report indicates that the global market is set to touch a valuation of USD 32 Bn towards the close of the assessment period. The growth of the telecommunications sector in conjunction with advancements observed in sensor technology is likely to facilitate the development of the market in the forthcoming years.
Europe held the second largest market share in Mobile Mapping Marketin 2017. In July 2018, 3D Laser Mapping merged with GeoSLAM, a UK-based geographical technology solutions provider, to take advantage of new market opportunities, increase the R&D capability, and expand the company’s market reach.
The increasing awareness regarding inventory and asset management, increasing adoption of mobile mapping devices, infrastructural development of telecommunication networks, and adoption of mobile mapping technology for various applications, namely automatic detection of traffic lights, road signs, walking pathways, and asset management and tracking are some of the major drivers driving the mobile mapping market.
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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).
The global mobile mapping market has been segmented on the basis of component, solution, application, end-user, and region. Based on component, the market has been classified into hardware (cameras, sensors, laser scanners, and others), software and services (professional and managed). The hardware segment is expected to dominate the mobile mapping market during the forecast period.
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 December 2018, Gexcel introduced Heron indoor mobile mapping system, a fully high-definition, 360-degree panoramic camera to digitally document, collect, and georeferenced large data sets and information within indoor environments.
- In September 2017, IGI mbH signed an agreement with Teledyne Optech, a high-accuracy LiDAR 3D survey systems and integrated camera provider, to broaden the product portfolio with the integration of best sensors into IGI’s in-house developed flight management and GNSS/IMU systems.
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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List of Tables
Table1 World Population by Major Regions (2017 To 2023)
Table2 Global Mobile Mapping Market: By Region, 2017-2023
Table3 North America Mobile Mapping Market: By Country, 2017-2023
List of Figures
Figure 1 Global Mobile Mapping Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Mobile Mapping Market
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