2014-02-12 04:17:01 - Global GIS Market in Transportation Industry 2012-2016 - a new market research report on companiesandmarkets.com
The global transportation GIS market is to grow at a CAGR of 12.64 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for GIS in the construction of roads and railroad. This market has also been witnessing an increased adoption of light detection and ranging (LIDAR) technique. However, privacy issues could pose a challenge to the growth of this market.
The shift toward LIDAR technology is a major trend affecting the Global GIS market in the Transportation industry. LIDAR technology uses laser light to sample the surface of the earth. It is used in airborne laser mapping applications. LIDAR technology has many advantages compared to the old photogrammetry technology. Photogrammetry technology
is more expensive than LIDAR technology. Moreover, the output of LIDAR technology is more accurate than the photogrammetry method. Hence, it is used for transportation corridor mapping, which requires high spatial resolution and extremely high accuracy. As a result of these advantages, the surveying technologies used for GIS are being shifted from photogrammetry technology toward LIDAR technology.
One of the major drivers in the market is the increased need for road and rail construction. As a result of urbanization and the increase in the population, traffic is increasing across the globe, especially in developing countries. There is increased need for GIS in transportation to improve the efficiency of constructing railways and roads.
One of the major challenges in the market is the threat of the invasion of privacy. For instance, many governments have passed stringent regulations regarding the data provided in the GIS so that it cannot be used for any illegal activities.
The key vendors dominating this space include Hexagon AB, Esri Inc., MacDonald, Dettwiler and Associates Ltd. The other vendors mentioned in this report are Astrium (EADS Co.), Autodesk Inc., AvisMap GIS Technologies, Beijing SuperMap Software Co. Ltd., Bentley Systems Inc., Caliper Corporation, China Information Technology, Computer Aided Development Corp. Ltd., Digital Globe Inc., Esri Inc., GE Energy, Geosoft Inc., GoogleMap, Hexagon AB, Hitachi Zosen Corp., MacDonald, Dettwiler, and Associates Ltd., Overwatch Systems, Ltd., PASCO Corp., Pitney Bowes Inc., Rolta India Ltd., ScanPoint Geomatics Ltd., SuperMap Inc., SuperMap Software Co. Ltd., The US Geological Survey, Ubisense Group plc, UK Ordnance Survey, and WTH Technology Inc.
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