HD Maps for Autonomous Vehicles Market Emerging Trends, Demand, Revenue and Forecasts Research 2027

Posted on Mar 11 2021 9:09 AM

"The global HD Maps for Autonomous Vehicles market size was valued at USD 1.58 Billion in 2020 and is expected to expand at a (CAGR) of 34.3% from 2020 to 2027. "

The latest study on the HD Maps for Autonomous Vehicles industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2027. The market intelligence report on the HD Maps for Autonomous Vehicles industry encompasses an in-depth evaluation of different products, applications, end-users and their sales across different regions. A closer look at the important industry terms and definition, technology advancements and forces influencing the product and production capability further makes the report a valuable reference material.

Scope of the Report:

Next, the market assessment report also takes into account the top performers and the new entrants when weighing up on the competitive landscape of the HD Maps for Autonomous Vehicles market for the forecast period, 2020 - 2027. Relevant and hard to find facts pertaining to the import and export status, supply chain management, product price, profit and gross margin are clearly explained through resources such as charts, tables and graphic images. A comprehensive coverage of various segments and the breakdown of their sale figures according to the regions form an important part of the scope of this study.  

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Report Objectives

Examine the size of the global HD Maps for Autonomous Vehicles market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global HD Maps for Autonomous Vehicles market.

Explore the underlying dynamics of the global HD Maps for Autonomous Vehicles market.

Highlight significant trends of the global HD Maps for Autonomous Vehicles market based on factors including, production, revenue, and sales.

Extensively profile top players of the global HD Maps for Autonomous Vehicles market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global HD Maps for Autonomous Vehicles market.

Forecast the market size and share of all segments and regions in the global landscape.

Key Highlights of Report

In November 2019, TomTom, which is a location technology specialists, and the University of Amsterdam (UvA) announced the opening of a new research Atlas Lab for autonomous vehicles. Atlas Lab is expected to focus on utilizing Artificial Intelligence for developing advanced, highly accurate, and safe high-definition maps for self-driving vehicles.

Semi-Autonomous (Level 2&3) segment accounted for largest market share of 62.5% in 2020. Presence of more stringent regulations regarding autonomous driving compared to semi-autonomous driving are boosting demand for semi-autonomous vehicles.

Cloud-based solutions segment revenue is expected to expand at a rapid CAGR of 34.8% during the forecast period. Major players in the market such as TomTom, NVIDIA, and HERE Technologies are increasingly utilizing cloud-based services as these offer more accuracy and easy updating of maps.

Localization segment accounted for a significantly high revenue share in the HD maps for autonomous vehicles market in 2020. Safety and comfort of the driver is increased with the help of HD map software as it enables localization beyond GPS accuracy.

Passenger vehicles segment accounted for a significantly high revenue share in the HD maps for autonomous vehicles market in 2020. High car sales and consumer demand for advanced technologies are contributing to increasing demand for autonomous passenger vehicles and boosting usage of HD maps in such vehicles to improve driver safety and comfort.

North America accounted for largest revenue share contribution to the global HD maps for autonomous vehicles market in 2020. Rising focus on achieving safer, cleaner, and less congested roads is boosting preference for autonomous vehicles.

Key players in the market include NVIDIA, TomTom, DeepMap, Here Technologies, Navinfo, Civil Maps, Mapmyindia, Sanborn Map Company, Navmii, and Autonavi.

You Can Download Free Sample PDF Copy of HD Maps for Autonomous Vehicles Market at https://www.emergenresearch.com/request-sample/509

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)

Embedded

Cloud-based

Services Outlook (Revenue, USD Billion; 2021–2028)

Localization

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Mapping

Update & Maintenance

Vehicle Type Outlook (Revenue, USD Billion; 2021–2028)

Commercial Vehicles

Passenger Vehicles

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2028

Chapter 3. Key Insights

Chapter 4. HD Maps for Autonomous Vehicles Market Segmentation & Impact Analysis

Chapter 5. HD Maps for Autonomous Vehicles Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. HD Maps for Autonomous Vehicles Market By Industries Insights & Trends Revenue (USD Billion)

Chapter 7. HD Maps for Autonomous Vehicles Market By Type Insights & Trends Revenue (USD Billion)

Chapter 8. HD Maps for Autonomous Vehicles Market Regional Outlook

Continued…