Search results for: 'army of 2'

This research is a continuation of our Visi-MAP Module-1. While we identified hot technologies, emerging manufacturing approaches and high growth enabling applications in Module-1 of the research, Module-2 will provide an industry case analysis for various end-user challenge scenarios and solution/technology approaches. The primary aim is to cataly...

As autonomy becomes the key objective of industries across the globe, artificial intelligence (AI) and machine learning (ML) systems too are being driven to adopt a more decision making role with an objective to find and implement the most effective methods of executing business goals. A key area of interest for businesses is to implement ML system...

India has emerged as a global bright spot economy, especially supported by robust 6% to 7% levels of GDP growth. As India continues on its vigorous growth trajectory, several macroeconomic trends will redefine its business and growth opportunities. This analysis assesses in detail some of the country s key long-term trends, with implications up to ...

Huge opportunities in energy savings have presented an excellent market opportunity for LED lighting across the globe. The LED market is also driven by factors like reduced cost, longer lifespan and government initiatives and regulations. The LED lighting market is set to grow at a rate of 8.4% from $58,619 million in 2018 to $95,040 in 2025. The ...

This study provides a detailed overview of the global diabetes care device industry, which is witnessing a significant increase in demand due to the growing prevalence of diabetes across regions. The market, comprising both established players and emerging start-ups, is the site of fierce competition. OEMs are developing innovative, AI-equipped tec...

The global battery energy storage industry is predicted to have double-digit growth, and this will be driven by both front of the meter and behind the meter applications. Falling battery costs, increased grid modernization initiatives, rapid growth in variable renewable energy generation, participation of battery storage in various wholesale electr...

Global lithium-ion battery market revenue is expected to increase at an impressive 17.9% compound annual growth rate from 2018 to 2025. Market growth is fueled by rising demand for energy storage around the world, electric vehicle production, and demand for industrial power tools and electric forklifts. Technological advancements have allowed batte...

Rapid urbanization, water stress, and climate change has forced urban water utilities to adopt smart solutions that could enable efficiency and optimization. Smart water meters have enabled utilities to recover costs, sustain water infrastructure, ensure optimized distribution, reduce wastage, improve system and resource efficiency, and provide cus...

08 May 2024  |  Global  |  Market Research

Growth Opportunities in Passenger Vehicle High-definition Maps, 2024 2030

Competitive Intensity Will Push Original Equipment Manufacturers to Roll Out Advanced Level 2+ Autonomous Vehicles, Increasing the Demand for High-definition Maps in North America and Europe

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The increase in demand for safety and convenience features has boosted the development and adoption of advanced driver assistance systems (ADAS) and autonomous driving (AD) features in passenger vehicles. Original equipment manufacturers (OEMs) seek to implement level 2 and above features in their mass-market vehicles to gain a competitive advantag...