DUBLIN — (BUSINESS WIRE) — November 11, 2013 — Research and Markets ( http://www.researchandmarkets.com/research/x4mgzq/global_gis_market) has announced the addition of the "Global GIS Market in Transportation Industry 2012-2016" report to their offering.
The Global GIS market in the Transportation industry to grow at a CAGR of 12.64 percent over the period 2012-2016.
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.
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.
Further, the report states that 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.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Introduction
04. Market Research Methodology
05. Scope of the Report
06. Market Landscape
07. Product Segmentation
08. Geographical Segmentation
09. Key Leading Countries
10. Vendor Landscape
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/x4mgzq/global_gis_market
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