Digital Elevation Model Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 - 2030

Global Digital Elevation Model Market: Snapshot

Advancements in geosciences have played an integral role in driving sales across the global digital elevation model market. The use of digital blueprints and 3D models of landscapes in the field of geographical analysis and testing has given favourable results. Furthermore, scientists and researchers rely on the use of digital elevation models to understand the topography and terrain of remote areas. Besides, the traditional application of these models in studying planetary objects, the sun, and the moon also holds grounds in the contemporary times. The relevance of geographic information systems in key industries has led to advancements in digital elevation studies. Furthermore, development of discrete global grids for studying geographical terrains has also become a useful practice. In light of these factors, the total volume of revenues within the global digital elevation model market is set to multiply.

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In this syndicate review, several trends and opportunities pertaining to the growth of the global digital elevation model market have been expounded and explained. The relevance of infrastructural studies and geographic information systems shall continue to drive up sales across this market. It is imperative for stakeholders to understand the worth of relief maps and digital simulations in leading industries.

Global Digital Elevation Model Market: Notable Developments

The presence of seamless industry for digital studies and 3D modelling has created fresh opportunities for growth within the global digital elevation model market.

• Use of lidar technology has helped in making key discoveries across historic sights and terrains. A recent peek into archaeological structures using lidar technology has busted an important myth. Several of these structures were, presumably, developed much earlier than what they are dated to. Use of digital elevation models in reaching key conclusions about archaeological sites has created humongous opportunities for growth within the global market. The next decade is expected to witness an increase in investment in the digital elevation model market.
• The leading vendors operating in the global digital elevation model market can capitalise on the use of base mapping in several domains. Besides, surface analysis also holds relevance in multiple industries, creating a large playfield of opportunities across the global digital elevation model market. Intelligent transportation systems are amongst modern-day systems that use digital elevation model.

Key Players

• TomTom International B.V
• NIRAS A/S
• Imprivata, Inc.
• CompassData, Inc.

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Global Digital Elevation Model Market: Growth Drivers

• Relevance of Digital Surface Models

Digital surface models have come in handy in city modelling, and this is an important consideration from the perspective of market expansion. Besides, visualization and landscaping applications of DSMs has also generated fresh revenues within the global market. The need to preventing and mitigating flash floods across city or town necessitates the study of digital elevation models. In addition to this, planetary sciences and land-use studies can also be accomplished with the help of digital elevation models. Therefore, it is legit to expect that this market would trace ascending route to growth and expansion.

• Nature of Key End-Use Industries

The use of digital elevation model in critical industries such as aviation, hydrology, 3D visualizations, and civil engineering has emerged as an important dynamic of market maturity. Flight simulation is done using these 3D models, adding to the accuracy of these simulations. Furthermore, precision farming and forestry have also gained popularity in recent years. Surface analysis is an important factor that defines the success of farming techniques. Henceforth, it is crucial for the vendors operating in the global digital elevation model market to capitalise on the unmet needs in lucrative industries. The application of digital elevation model in archaeology is a historic trend that has driven sales across the market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
• Eastern Europe (Poland and Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
• Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.