Report Content
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates & calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market scope & definition
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Component providers
3.2.2 Manufacturers
3.2.3 Technology providers
3.2.4 Distributors
3.2.5 End-user
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Total cost of ownership (TCO) analysis
3.6 Impact of electrification and connectivity
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
3.10.1 Growth drivers
3.10.1.1 Advancements in autonomous driving technology
3.10.1.2 Increasing adoption of advanced driver-assistance systems (ADAS)
3.10.1.3 Expansion of connected vehicle ecosystems
3.10.1.4 Technological advancements in GNSS
3.10.2 Industry pitfalls & challenges
3.10.2.1 Data privacy and security concerns
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Component, 2021-2032 ($Bn)
5.1 Key trends
5.2 Solution
5.3 Services
Chapter 6 Market Estimates & Forecast, By Technology, 2021-2032 ($Bn)
6.1 Key trends
6.2 Global navigation satellite systems (GNSS)
6.3 Inertial measurement units (IMUs)
6.4 LiDAR
6.5 Others
Chapter 7 Market Estimates & Forecast, By Vehicle, 2021-2032 ($Bn)
7.1 Key trends
7.2 Passenger vehicles
7.3 Commercial vehicles
Chapter 8 Market Estimates & Forecast, By Application, 2021-2032 ($Bn)
8.1 Key trends
8.2 Advanced driver assistance systems (ADAS)
8.3 Autonomous driving
8.4 Navigation and mapping
8.5 Others
Chapter 9 Market Estimates & Forecast, By Region, 2021-2032 ($Bn)
9.1 Key trends
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Netherlands
9.3.7 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Singapore
9.4.6 ANZ
9.4.7 Rest of Asia Pacific
9.5 Latin America
9.5.1 Brazil
9.5.2 Mexico
9.5.3 Argentina
9.5.4 Rest of LATAM
9.6 MEA
9.6.1 UAE
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 Rest of MEA
Chapter 10 Company Profiles
10.1 Aeva Inc.
10.2 Aptive PLC
10.3 Bosch Group
10.4 Continental AG
10.5 Delphi Technologies
10.6 Denso Corporation
10.7 Garmin Ltd.
10.8 HERE Technologies
10.9 Hexagon AB
10.10 LeddarTech Inc.
10.11 OmniVision Technologies
10.12 ON Semiconductor
10.13 Qualcomm Technologies, Inc.
10.14 Sensata Technologies
10.15 STMicroelectronics
10.16 TomTom International BV
10.17 Trimble Inc.
10.18 UBlox AG
10.19 Velodyne Lidar Inc.
Automotive High-precision Positioning Market Size
Automotive High-precision Positioning Market size was valued at USD 15.5 billion in 2023 and is anticipated to grow at a CAGR of over 8% between 2024 and 2032, driven by the increasing adoption of advanced driver assistance systems (ADAS). As automakers prioritize improving vehicle safety and performance, ADAS technologies, such as lane-keeping assist and automated parking, rely on precise positioning data.
High precision positioning systems, including GPS and GNSS technologies, play a crucial role in delivering the accuracy needed for these systems to function effectively. The increasing government focus on introduction on new regulation related to vehicle automation drives the demand for advanced positioning solutions. For instance, the European Union announced new regulations related to active safety features in vehicles, including speed limiters. The New Vehicle General Safety Regulation (GSR2) or Regulation (EU) 2019/2144, updates the minimum performance standards for motor vehicles, requiring the addition of several advanced driver assistance systems (ADAS).
The rapid expansion of connected vehicle ecosystems drives the demand for automotive high-precision positioning market. As vehicles increasingly integrate with the Internet of Things (IoT) and communicate with infrastructure accurate positioning becomes essential for real-time data exchange and coordination. Connected vehicle technologies enable features such as automotive vehicle-to-everything (V2X) communication, which improves traffic management, and supports smart navigation services.
The growth of 5G networks further boosts this trend by providing the high-speed, low-latency connectivity required for seamless data transmission and precise positioning. For instance, in September 2023, the government invested USD 115 million 19 UK 5G Open Network Projects. The investment enables successful projects to develop technological solutions to improve connectivity.
The issue of data privacy and security restraining the automotive high-precision positioning market growth. As vehicles increasingly rely on high-precision positioning systems to gather and process location data, they become targets for cyberattacks and unauthorized data access. The collection and transmission of sensitive location information raises concerns related to potential misuse, such as tracking vehicle movements or personal habits without consent. This vulnerability can lead to privacy breaches and compromise driver safety if hackers gain control over vehicle systems.
Additionally, regulatory compliance challenges can arise as governments impose stricter data protection laws. Addressing these security and privacy concerns is crucial for maintaining consumer trust and ensuring the sustainable growth of the market.
Vehicle Scanner Market
Automotive Gesture Recognition Market
Vehicle Tracking Device Market
Automotive Airbag Inflator Market