Market Research Future (MRFR) projects the global mobile mapping market to expand at a 15.88 % CAGR from 2020 to 2027 (forecast period).
Mobile mapping systems are a precise method of collecting geospatial data from mobile vehicles. Depending on the end-use application, the system may include location sensors, laser scanners, LiDAR, radar-mounted digital cameras, or a variety of remote sensing devices installed on mobile platforms such as boats, SUVs, and all-terrain vehicles (ATVs). GIS data, digital maps, and georeferenced images and videos are the end product of such systems. One of the most important geospatial technologies today is 3D mobile mapping, which has the potential to alter the way environments are visualized, measured, analyzed, and catalogued. Land surveying, map creation, laser scanning, aerial surveys, facility/road management, and a variety of other applications rely on mobile mapping.
The growing adoption of novel technologies in map making and surveying, as well as the growing adoption of digital maps across numerous industrial verticals, is driving growth. The growing internet penetration and rise in connected devices such as smartphones, tablets, and interactive displays for the adoption of map-based applications are expected to accelerate in the near future.
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Segmentation
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.
By solution, it is segmented into asset management, location-based, indoor mapping, 3D mapping, others.
By application, it is segmented into bridge planning, land surveys, aerial surveys, and others.
By end user, it is segmented into agriculture, real estate & construction, aviation & aerospace, mining, manufacturing, IT & telecom, energy & power, healthcare, marine transport, media & entertainment, others.
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 U.S., Canada, and Mexico can contribute significantly to the market growth in this region. In the U.S., growing demand for mobile mapping technology in the transportation sector for facilitating high-precision mapping over long range, capture of details regarding road barriers, analysis of road surfaces, locating overhead wires, light poles, and signboards along with route assessment drives the market growth. Furthermore, increasing applications of mobile mapping for aerial, land, and water surveys, mapping of public infrastructure, and cartography also drive the market growth in Mexico.
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Competitive Outlook
FARO Technologies Inc., TOPCON CORPORATION, NAVVIS, Mitsubishi Electric Corporation, 3D Laser Mapping, IGI mbH, TomTom International BV, The Sanborn Map Company Inc, Hyper Tech, Telefonaktiebolaget LM Ericsson, Microsoft Corporation, Gexcel, Huron Geomatics Inc., NGC Aerospace Ltd, PASCO CORPORATION, Trimble Inc., Apple Inc., Hexagon AB, and Google are key players of the global mobile mapping market. Recently, Gexcel launched a portable mobile mapping system for surveyors working in indoor and outdoor environments. It can be used for performing multiple tasks simultaneously.
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