HD maps are primarily used in autonomous vehicles. These are the maps designed for use by the machines that drive the autonomous vehicles.
HD maps offer high-precision localization, environment perception, planning and decision making, and real-time navigation cloud services to autonomous vehicles. OEMs across the globe are investing in the development of autonomous vehicles.
Rising need to increase mobility and reduce motor accidents are among some other key factors driving demand for autonomous vehicles currently, and the trend is expected to continue into the future.
Increasing advancements in new generation high-accuracy and realistic digital maps is contributing to further development of HD maps. Objectives across developed and developing countries is to achieve safer, cleaner, and the less congested roads, and this is resulting in rising focus on deploying autonomous vehicles and modes of transportation that are more advanced.
Key Players
NVIDIA, TomTom, DeepMap, Here Technologies, Navinfo, Civil Maps, Mapmyindia, Sanborn Map Company, Navmii, and Autonavi.
This is a key factor contributing to growth of the HD maps market owing to rapid developments in the autonomous vehicle industry to develop and test navigational systems in such vehicles before launch in the market in the very near future.
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North America accounted for largest revenue share contribution to the global HD maps for autonomous vehicles market in 2020. Revenue from the HD maps for autonomous vehicles market in North America is expected to expand at a rapid rate during the forecast period.
Rising focus to achieve safer, cleaner, and less congested roads in developed economies is a key factor boosting demand for autonomous vehicles, which is directly contributing to growth of the HD maps for autonomous vehicles market. High disposable income of consumers in countries in the region is resulting in increasing usage of high-end safety vehicles in North America. Autonomous vehicle manufacturers in countries in the region are focusing on utilizing highly accurate and realistic digital map software in vehicles being manufactured, which is driving demand for HD maps for autonomous vehicles.
Market Segmentation
By Vehicle Type
- Commercial Vehicles
- Passenger Vehicles
By Level of automation
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- Semi-Autonomous (Level 2&3)
- Autonomous (Level 4&5)
By Solution
By Services
-
- Localization
- Advertisement
- Mapping
- Update & Maintenance
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The report identifies various key companies in the market. It helps the reader to know the business strategies and tactics that players are focusing on competition in the market. The comprehensive report provides a remarkable microscopic look at the market.
Regional Analysis:
- North America (The United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, Colombia, etc.)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Research Objectives of HD Maps for Autonomous Vehicles Market 2021-2027:
- To study, track and analyze competitive developments such as joint ventures, strategic alliance, mergers, acquisitions and new product developments
- To provide the segmentation analysis based on Type, Application and Geographical Location
- To study the factors affecting the market growth as well as the market drivers driving the HD Maps for Autonomous Vehicles Market
- To provide a detailed analysis of the market structure along with a forecast for 2021-2027.
- To provide a future perspective of the market size in top regions and its key performing countries.
- To study and predict the accurate market size, share, sales, and revenue during the period 2021-2027.
- To provide information regarding the challenges and restraints faced by the new entrants of the market.
Table of Contents:
Chapter 1: Global HD Maps for Autonomous Vehicles Market Overview
Chapter 2: Market Data Analysis
Chapter 3: Technical Data Analysis
Chapter 4: Government Policy and News
Chapter 5: Global HD Maps for Autonomous Vehicles Market Manufacturing Process
and Cost Structure
Chapter 6: Productions Supply Sales Demand Market Status and Forecast
Chapter 7: Key Manufacturers
Chapter 8: Up and Down Stream Industry Analysis Art Supplies
Chapter 9: Marketing Strategy
Chapter 10: 2021-2027 HD Maps for Autonomous Vehicles Market Development Trend
Analysis
Chapter 11: New Project Investment Feasibility Analysis
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