Automotive High-precision Positioning Market by Technology, Application, Vehicle Type, End User

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[191 Pages Report] The Automotive High-precision Positioning Market size was estimated at USD 15.70 billion in 2023 and expected to reach USD 17.00 billion in 2024, at a CAGR 8.71% to reach USD 28.18 billion by 2030.

Automotive high-precision positioning refers to the use of advanced satellite and ground-based technologies to determine the exact location of a vehicle with high accuracy, typically within a few centimeters. This technology is crucial for various applications in the automotive industry, including autonomous driving, vehicle-to-everything (V2X) communication, and advanced driver-assistance systems (ADAS). It leverages a combination of global navigation satellite systems (GNSS), real-time kinematic (RTK) positioning, and inertial navigation systems to achieve the desired precision. The growth in the development and adoption of autonomous vehicles is a major driver, as high-precision positioning is fundamental for their operation. The demand for improved safety features in vehicles, such as advanced emergency braking and lane-keeping assistance, relies heavily on precise positioning systems. Furthermore, governments and international bodies are increasingly mandating the inclusion of safety and navigation features that require high-accuracy positioning, stimulating market growth. However, the implementation of high-precision positioning technology can be expensive, and integrating high-precision positioning with existing automotive systems and standards poses significant challenges. Moreover, the collection and transfer of precise location data raise concerns regarding user privacy and data security. However, key players are exploring blockchain technology and advanced encryption protocols rto safeguard data privacy and security. Innovations in satellite technology, signal processing, and machine learning offer the potential to overcome existing limitations, improving accuracy and reducing costs.

KEY MARKET STATISTICS
Base Year [2023]	USD 15.70 billion
Estimated Year [2024]	USD 17.00 billion
Forecast Year [2030]	USD 28.18 billion
CAGR (%)	8.71%

Technology: Expanding preference for global navigation satellite system (GNSS) due to its global coverage, reliability, and extensive infrastructure

Global navigation satellite system (GNSS) encompasses a wide array of satellites that provide signals from space, transmitting positioning and timing information to GNSS receivers. These receivers use this crucial data to determine location. Systems such as GPS (United States), Galileo (European Union), GLONASS (Russia), and BeiDou (China) are part of this global network. GNSS is crucial for applications requiring widespread and continuous coverage, notably in automotive navigation, fleet tracking, and autonomous vehicle guidance. Inertial Navigation System (INS) uses motion and rotation sensors (accelerometers and gyroscopes) to calculate the position, orientation, and velocity of an object in motion without the need for external help or references. It is highly valued in the automotive industry for its ability to provide precise positioning information regardless of GNSS availability, making it indispensable for autonomous vehicles' navigation systems, especially in GNSS-denied environments such as tunnels. LiDAR-based positioning systems measure distance by illuminating a target object with laser light and analyzing the reflected light. In the automotive sector, LiDAR-based positioning systems are pivotal for creating high-resolution maps and real-time obstacle detection, significantly enhancing autonomous vehicle navigation and safety by providing accurate three-dimensional information about the vehicle's surroundings. Optical positioning systems utilize cameras and computer vision techniques to interpret visual information from the environment. These systems are crucial for recognizing lane markings, traffic signs, and other road attributes. They complement other positioning technologies by offering detailed visual context, enhancing autonomous vehicles' understanding of their environment and improving navigation and safety. Real-time kinematics (RTK) enhances the precision of position data using carrier-based ranging and real-time corrections. By correcting GNSS signals, RTK achieves centimeter-level accuracy, making it highly suitable for applications requiring high precision, such as lane-level navigation and precise mapping in autonomous driving and agricultural vehicle guidance. Ultrasonic positioning systems use sound waves to measure distances and are particularly useful for close-range applications. In the automotive industry, this technology is often employed for parking assistance and collision avoidance systems by detecting obstacles around the vehicle and aiding in precise maneuvering in tight spaces.

Application: Need for precision and reliability in positioning for the efficient working of autonomous vehicles

Advanced driver assistance systems (ADAS) utilize automotive high-precision positioning to enhance vehicle safety and driving. By accurately determining the vehicle's position, these systems can offer lane-keeping assistance, adaptive cruise control, and parking assistance, making driving safer and more convenient. High-precision positioning is crucial for the reliability and effectiveness of these systems in diverse driving environments. Autonomous vehicles represent the pinnacle application of high-precision positioning technology in the automotive sector. These vehicles rely on accurate positioning to navigate safely and efficiently without human intervention. High-precision positioning is foundational for autonomous operation, enabling vehicles to understand their environment, make informed decisions, and interact safely with other road users. Fleet management systems employ high-precision positioning to monitor and manage the operations of a wide fleet of vehicles. This technology enhances route planning, vehicle tracking, and dispatching, leading to improved efficiency and accuracy and reduced operational costs. Precision in positioning is vital for accurate tracking and management, contributing to the overall optimization of fleet operations. Telematics and navigation systems utilize automotive high-precision positioning to provide real-time location data and navigational assistance. These systems offer turn-by-turn directions, traffic condition updates, and location-based services, relying on precise positioning for accuracy and dependability. High-precision positioning is pivotal for enhancing user experience and ensuring navigation reliability. Vehicle-to-Everything (V2X) communication systems use high-precision positioning to facilitate the exchange of information between a vehicle and any object that may affect or be affected by the vehicle. This includes other vehicles, pedestrians, and infrastructure. High-precision positioning is crucial for the effective operation of V2X communication systems, as it enables accurate and timely sharing of positional data, thereby improving road safety and traffic efficiency.

Regional Insights

In the Americas, the demand for high-precision positioning systems is driven by the push for autonomous driving technology, the robust automotive sector, and the proliferation of electric vehicles (EVs). Consumer behavior shows a strong interest in advanced vehicle technology, safety, and eco-friendly solutions. Recent investments have focused on the development of GPS-based positioning and LiDAR technologies. The government's support for innovation through investment in research and development labs has encouraged advancements in high-precision positioning. APAC's position as a crucial manufacturer of automotive components and automotive production positions the region as a pivotal landscape for high-precision automotive positioning systems. The Chinese government's backing, through initiatives and funding, has spurred significant research and development. Patents filed within China emphasize advancements in satellite positioning technologies and the integration of these systems into smart city infrastructures. Japanese companies are at the forefront of developing and implementing high-precision Global Navigation Satellite System(GNSS) and Inertial Navigation System(INS) technologies. India's automotive industry is witnessing a surge in demand for advanced vehicle technologies, with high-precision positioning systems gaining attention for their potential to improve safety and navigation in densely populated areas. The European Union's stringent regulations on vehicle safety and emissions have propelled advancements in automotive high-precision positioning systems. Consumer demand for sustainable and safe transportation options further drives the market. EU-wide initiatives, such as Galileo, Europe's own global navigation satellite system, highlight the commitment to achieving superior positioning accuracy. Research and patents in the EU often focus on enhancing interoperability among different positioning technologies and ensuring resilient navigation in challenging environments.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive High-precision Positioning Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive High-precision Positioning Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automotive High-precision Positioning Market, highlighting leading vendors and their innovative profiles. These include ComNav Technology Ltd., Continental AG, DENSO Corporatio, Furuno Electric Co., Ltd., Garmin Ltd, Harman International by Samsung Electronics Co., Ltd., HERE Global B.V., Hexagon AB, Hitachi Ltd, Mitsubishi Corporation, Murata Manufacturing Co., Ltd., NEC Corporation, NVIDIA Corporation, Qualcomm Technologies, Inc., Robert Bosch GmbH, Rockwell Automation, Inc., Septentrio N.V., Sony Group Corporation, Spirent Communications plc, STMicroelectronics International N.V., TE Connectivity Ltd., Teledyne Technologies Incorporated, Trimble Inc., u-blox AG, and Valeo.

Market Segmentation & Coverage

This research report categorizes the Automotive High-precision Positioning Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
- Global Navigation Satellite System
- Inertial Navigation System
- LiDAR-Based Positioning Systems
- Optical Positioning Systems
- Real-Time Kinematic
- Ultrasonic Positioning Systems

Application
- Advanced Driver Assistance Systems
- Autonomous Vehicles
- Fleet Management Systems
- Telematics & Navigation Systems
- Vehicle-to-Everything (V2X) Communication Systems

Vehicle Type
- Commercial Vehicles
- Passenger Cars

End User
- Aftermarket Suppliers
- Fleet Operators
- Original Equipment Manufacturers
- Transportation & Logistics Companies

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automotive High-precision Positioning Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive High-precision Positioning Market?

3. What are the technology trends and regulatory frameworks in the Automotive High-precision Positioning Market?

4. What is the market share of the leading vendors in the Automotive High-precision Positioning Market?

5. Which modes and strategic moves are suitable for entering the Automotive High-precision Positioning Market?

Product Code: MRR-F97DD5A7DD63

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing demand for autonomous and semi-autonomous vehicles across the world
  - 5.1.1.2. Increasingly stringent regulatory standards for road and driver safety worldwide
  - 5.1.1.3. Consumer demand for more connected, smart, and efficient vehicles
- 5.1.2. Restraints
  - 5.1.2.1. Difficulties associated with integration and compatibility
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements to improve the efficiency and performance of automotive high-precision positioning
  - 5.1.3.2. Integration with smart city initiatives and the ability of automotive high-precision positioning to achieve sustainability goals
- 5.1.4. Challenges
  - 5.1.4.1. Data privacy issues and technical failures of the technology
5.2. Market Segmentation Analysis
- 5.2.1. Technology: Expanding preference for global navigation satellite system (GNSS) due to its global coverage, reliability, and extensive infrastructure
- 5.2.2. Application: Need for precision and reliability in positioning for the efficient working of autonomous vehicles
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive High-precision Positioning Market, by Technology

6.1. Introduction
6.2. Global Navigation Satellite System
6.3. Inertial Navigation System
6.4. LiDAR-Based Positioning Systems
6.5. Optical Positioning Systems
6.6. Real-Time Kinematic
6.7. Ultrasonic Positioning Systems

7. Automotive High-precision Positioning Market, by Application

7.1. Introduction
7.2. Advanced Driver Assistance Systems
7.3. Autonomous Vehicles
7.4. Fleet Management Systems
7.5. Telematics & Navigation Systems
7.6. Vehicle-to-Everything (V2X) Communication Systems

8. Automotive High-precision Positioning Market, by Vehicle Type

8.1. Introduction
8.2. Commercial Vehicles
8.3. Passenger Cars

9. Automotive High-precision Positioning Market, by End User

9.1. Introduction
9.2. Aftermarket Suppliers
9.3. Fleet Operators
9.4. Original Equipment Manufacturers
9.5. Transportation & Logistics Companies

10. Americas Automotive High-precision Positioning Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Automotive High-precision Positioning Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Automotive High-precision Positioning Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Qualcomm Introduces World's First Wi-Fi 7 for Automotive
- 13.3.2. Geely launches 11 low-orbit satellites for autonomous cars
- 13.3.3. FocalPoint launches positioning software for urban driving
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio