Home > Automotive > Automotive Technology > ADAS > Automotive 3D Map System Market
Automotive 3D Map System Market size was valued at USD 5.1 billion in 2023 and is estimated to register a CAGR of over 10.5% between 2024 and 2032. Increasing investments in the development of Advanced Driver Assistance Systems (ADAS) and automated driving features in 3D mapping are driving growth in the market. These investments fuel innovation, leading to enhanced capabilities in navigation, safety, and autonomous driving.
For instance, in September 2023, Mapbox, a location-based platform, garnered a USD 280 million investment in a Series E funding round aimed at bolstering its platform's growth in the automotive sector and facilitating the incorporation of Artificial Intelligence (AI) into vehicles. This capital will enable Mapbox to enhance its Advanced Driver Assistance Systems (ADAS) capabilities for automated driving and safety, ensuring compatibility across a broader spectrum of road types and geographies.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Automotive 3D Map System Market Size in 2023: | USD 5.1 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 10.5% |
2032 Value Projection: | USD 12.8 Billion |
Historical Data for: | 2018 to 2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 340 |
Segments covered: | Component, navigation, vehicle, sales channel |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Government regulations, particularly on vehicle safety standards and emissions, play a pivotal role in propelling the automotive 3D mapping system market. These regulations increasingly mandate the integration of Advanced Driver Assistance Systems (ADAS) and autonomous driving features in vehicles to enhance road safety & reduce accidents. To comply with these regulations and meet consumer expectations for safer & more efficient transportation, automakers are investing in 3D mapping technologies that enable precise navigation, obstacle detection, and situational awareness, thus driving the demand for advanced mapping solutions.
Data privacy and security concerns present significant challenges to the automotive 3D mapping system market. The collection and processing of vast amounts of location & sensor data raise privacy issues, requiring robust measures to protect consumer information. Additionally, ensuring the security of this data against cyber threats, such as hacking and unauthorized access, is paramount. Striking a balance between data utility for mapping & navigation purposes and safeguarding individual privacy rights poses a complex challenge for industry stakeholders.
The integration of Artificial Intelligence (AI) to extract Three-Dimensional (3D) information directly from Two-Dimensional (2D) photographs is a lucrative growth opportunity for the automotive 3D map system industry. This innovative approach significantly reduces reliance on costly technologies such as LiDAR, making advanced mapping capabilities more accessible to a broader range of users.
For instance, in October 2023, the North Carolina State University pioneered MonoXiver, an innovative smart 3D mapping solution. This method utilizes artificial intelligence to extract three-dimensional information directly from two-dimensional photographs. Notably adaptable, MonoXiver can be readily customized to function with any monocular camera, significantly enhancing accessibility compared to pricier alternatives such as LiDAR systems, thus making advanced mapping technology more attainable for everyday users.
Continual advancements in sensor technology including LiDAR, radar, and cameras are revolutionizing the automotive 3D map system market. These advancements enable the development of more precise and efficient mapping solutions. For instance, LiDAR offers high-resolution 3D mapping capabilities, while radar and cameras provide complementary data for enhanced situational awareness. The integration of these sensors enables the creation of comprehensive and accurate 3D maps, driving the adoption of advanced mapping systems in autonomous vehicles.
Based on navigation type, the in-dash navigation segment recorded around 47% of the market share in 2023. The introduction of product lineups aimed at promoting safer driving is driving growth in the in-dash navigation segment. By offering features such as GPS trackers, dash cameras & smart helmet kits, companies enhance driver safety and awareness.
For instance, in February 2023, MapmyIndia introduced a range of Mappls tools designed for vehicles in India. This product lineup encompasses GPS trackers, dashboard cameras, in-dash navitainment systems, and smart helmet kits for both cars & bikes. These tools offer features such as offline navigation with live traffic updates, 3D mapping, and RealView capabilities, enhancing navigation experiences for users on the road. As a result, the demand for in-dash navigation systems equipped with advanced safety features will continue to rise, propelling market expansion.
Based on vehicle type, the passenger vehicles segment accounted for 27% of the automotive 3D map system market share in 2023. The rise of autonomous vehicles is a significant trend propelling the passenger vehicles segment. As the automotive industry increasingly shifts toward autonomous driving technology, the demand for advanced 3D mapping systems grows exponentially. These systems play a crucial role in enabling autonomous vehicles to navigate safely & accurately by providing detailed maps for route planning, obstacle detection, and real-time adjustments. As a result, the development and integration of precise 3D mapping solutions become pivotal in realizing the full potential of autonomous passenger vehicles.
Asia Pacific automotive 3D map system market held over 30% of the revenue share in 2023. The integration of autonomous car software updates featuring 3D map visualization is driving growth in the market. This advancement enhances navigation accuracy and provides real-time insights crucial for autonomous driving in complex urban environments.
For instance, in January 2024, Tesla launched new functionalities in China through the 2023.44.32 software update. Its enhancements include expanded voice control capabilities covering windows and lights along with an automatic reduction in media volume during reverse maneuvers. Moreover, the standout modification in this update is the introduction of an exclusive 3D map visualization tailored specifically for China. Automotive manufacturers and technology companies are increasingly investing in such systems to meet the evolving demands of the regional automotive industry, thereby propelling market expansion & innovation.
Civil Maps and Elektrobit (EB) held 10% market share in 2023. In the competitive landscape of the automotive 3D map system industry, players are vying for market shares through various strategies. For instance, in 2022, TomTom partnered with Hyundai to integrate its maps and real-time traffic data into the vehicle lineup in Europe. Such partnerships with automakers will assist automotive 3D map system providers in expanding their range of clientele.
Conversely, NVIDIA, known for its high-performance computing solutions, is leveraging its expertise in AI & GPU technology to develop next-generation 3D mapping platforms, promising enhanced accuracy and efficiency for autonomous driving applications.
Major companies operating in the automotive 3D map system industry are:
Click here to Buy Section of this Report
Market, By Component
Market, By Navigation Type
Market, By Vehicle Type
Market, By Sales Channel
The above information has been provided for the following regions and countries: