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The global 3D mapping and modelling market is primarily dominated by North America as the region is powered by the strong presence of key players, along with advanced technological capabilities. Improved infrastructure spending in the region is bringing more capital into the economy and rising customer demand for services and products, while consequently boosting investment in capacity building in manufacturing plants, retail stores, as well as office spaces. In addition to the expansion of the construction industry, specifically in the United States, the growing population is contributing to the development of the 3D mapping and modelling market. The vast volume of connected vehicles in the United States clearly illustrates the emerging trend in connected vehicles, which contributes in a proportionate manner to the market growth due to the rising need for greater navigational efficiency.
Trimble (NASDAQ: TRMB), a major player in the industry, introduced the Trimble® MX9 mobile mapping solution in February 2018. It combines mobile lidar mounted vehicle network, multi-camera imagery as well as field-based data capture software for secure, accurate and high-volume capturing applications like route tracking, 3D models and asset-management, for many different applications of mobile mapping. These technological advancements are likely to boost the growth of the industry.
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The major players in the global 3D mapping and modelling market are Vricon, Autodesk Inc., Bentley Systems, Incorporated, Trimble Inc., Intermap Technologies, Inc., and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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