HD Map for Autonomous Vehicles Market - Trends Forecast Till 2028

HD Map for Autonomous Vehicles Market by Solution (Cloud-Based & Embedded), LOA (L2, L3, L4, & L5), Usage (Passenger & Commercial), Vehicle Type, Services (Advertisement, Mapping, Localization, Update & Maintenance) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: July, 2021

Base Year Estimate: 2020

Report ID: D-AU-HDMAVM-250

Format:  

Number of Pages: 371

Domain: Automotive

HD Map for Autonomous Vehicles Market – Trends Forecast Till 2028

The global HD Map for Autonomous Vehicles market size is projected to reach USD 17 billion by 2026 at a CAGR of 31.8% from USD 1.5 billion in 2021 during the forecast period 2021-2028.

HD mapping is a technology used for autonomously driving vehicle so as to provide them with high precision, exact map location with respect to the corresponding environment. HD maps are not meant for general navigation and are thus specially designed for the driverless vehicles.

With the recent trend of autonomous driving along with the increased investments by the start-ups are some of the factors that have supported long-term expansion for HD Map for Autonomous Vehicles Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. With the nationwide lockdown across the globe the manufacturing units were shut down thus having a negative impact on the market.

HD Map for Autonomous Vehicles Market Research Report

Asia Ocenia is expected to be the largest market during the forecast period.

HD Map for Autonomous Vehicles Market is segmented into train type, application, component, cable type, voltage, material type, wire length, end use and geography.

On the basis of Service Type

  • Mapping,
  • Localization
  • Updates and Maintenance
  • Advertisement

On the basis of Automation Level

  • Semi-Autonomous Driving Vehicles
    • Level 2
    • Level 3
  • Autonomous Driving Vehicles
    • Level 4
    • Level 5

On the basis of Usage Type

  • Personal Mobility
  • Commercial Mobility

On the basis of Service Type

  • Passenger Car
  • Commercial Vehicles

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

HD Map for Autonomous Vehicles Market Primary Respondent

 

Key Players

  • TomTom
  • HERE Technologies
  • Waymo
  • NVIDIA
  • Baidu
  • Dynamic Map Platform
  • NavInfo
  • Zenrin

Recent Developments

  • In May 2021, HERE collaborated with INCREMENT P for the expansion of the access to high- quality location content and available data sets.
  • In June 2021, Indian Geographic Information Office (GIO) awarded a supply contract to The Sanborn Map Company for updating the digital orthoimagery for the entire state of Indiana.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for HD Map for Autonomous Vehicles market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 1.5 billion

Growth Rate

CAGR of 31.8% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

train type, application, component, cable type, voltage, material type, wire length, end use and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

TomTom , HERE Technologies , Waymo , NVIDIA , Baidu , Dynamic Map Platform , NavInfo, and Zenrin

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