The global HD maps for autonomous vehicles market is expected to reach a market size of USD 16.51 Billion at a steady CAGR of 34.3% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to increasing requirement for new generation of highly accurate and realistic digital map solutions and software. The report provides detailed insights into HD Maps for Autonomous Vehicles market trends, industry trends, consumer trends, market size, market share, market revenue growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the HD Maps for Autonomous Vehicles market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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The technology enables autonomous vehicles to overcome sensing limitations by providing information beyond the range of the camera, LiDAR, and radar, which is driving traction of and preference for HD maps among autonomous vehicle manufacturers. The steady HD Maps for Autonomous Vehicles market share growth can be attributed to a variety of factors and trends in the global HD Maps for Autonomous Vehicles market currently. Global HD Maps for Autonomous Vehicles market revenue growth is supported to a significant extent due to rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition in the market. These factors are expected to drive incline in regional HD Maps for Autonomous Vehicles market share growth over the forecast period. In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of HD Maps for Autonomous Vehicles market share contribution of these countries. In addition, HD Maps for Autonomous Vehicles market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in HD Maps for Autonomous Vehicles Market include are:
NVIDIA, TomTom, DeepMap, Here Technologies, Navinfo, Civil Maps, Mapmyindia, Sanborn Map Company, Navmii, and Autonavi.
Emergen Research has segmented the global HD maps for autonomous vehicles market on the basis of level of automation, solution, services, vehicle type, and region:
- Level of automation Outlook (Revenue, USD Billion; 2021–2028)
- Semi-Autonomous (Level 2&3)
- Autonomous (Level 4&5)
- Solution Outlook (Revenue, USD Billion; 2021–2028)
- Services Outlook (Revenue, USD Billion; 2021–2028)
- Update & Maintenance
- Vehicle Type Outlook (Revenue, USD Billion; 2021–2028)
- Commercial Vehicles
- Passenger Vehicles
- Regional Outlook (Revenue, USD Billion; 2021–2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
- North America
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In terms of HD Maps for Autonomous Vehicles market share and revenue contribution to the global HD Maps for Autonomous Vehicles market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in HD Maps for Autonomous Vehicles market share.
Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “HD Maps for Autonomous Vehicles Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the HD Maps for Autonomous Vehicles industry
Asia Pacific market share contribution to the global HD Maps for Autonomous Vehicles market is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Rapid growth rate of China and India HD Maps for Autonomous Vehicles market share contribution can be attributed to increasing population and disposable income, and steady economic growth, and the trend is expected to continue going ahead.
Steady increase in Europe HD Maps for Autonomous Vehicles market share growth is primarily supported by continuous developments in major countries in the region. Robust focus on research and development initiatives by major firms in countries in the region is also expected to continue to support market share growth of the Europe HD Maps for Autonomous Vehicles market going ahead.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the HD Maps for Autonomous Vehicles industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the HD Maps for Autonomous Vehicles market across different regions?
- Who are the major driving forces expected to decide the fate of the HD Maps for Autonomous Vehicles industry worldwide?
- Who are the prominent market players making a mark in the HD Maps for Autonomous Vehicles market with their winning strategies?
- Which HD Maps for Autonomous Vehicles industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the HD Maps for Autonomous Vehicles market?
Table of Content
Chapter 1. Methodology & Sources
1.1. HD Maps for Autonomous Vehicles Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. HD Maps for Autonomous Vehicles Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. HD Maps for Autonomous Vehicles Market Segmentation & Impact Analysis
4.1. HD Maps for Autonomous Vehicles Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. HD Maps for Autonomous Vehicles Market indicators analysis
4.2.2. HD Maps for Autonomous Vehicles Market drivers analysis
188.8.131.52. Rapid urbanization and industrialization
184.108.40.206. Stringent government regulations regarding carbon emissions
220.127.116.11. Increasing prevalence of respiratory diseases
18.104.22.168. Rising need to enhance indoor air quality
4.2.3. HD Maps for Autonomous Vehicles Market restraints analysis
22.214.171.124. High cost associated with the maintenance of HD Maps for Autonomous Vehicles products
126.96.36.199. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. HD Maps for Autonomous Vehicles Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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