HD Map for Autonomous Vehicles Market: Trends and Growth Forecast Through 2028


Posted September 15, 2023 by DelvensUSA

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.

 
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the sellers. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The areas included in the report are made by using the data of the key business sector. It also provides region-wise and country-wise growth rates of the HD Map for Autonomous Vehicles Market. It also covers breakdown by product and application by incorporating details of the market size depending on development and applications. The report provides insights on Market Penetration, Market Development, Market Diversification, Competitive Assessment & Intelligence, and Product Development & Innovation.
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)
Market Overview
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.
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HD mapping is a technology used for autonomously driving vehicles 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 driverless vehicles.
The recent trend of autonomous driving along with the increased investments by start-ups are some of the factors that have supported long-term expansion of HD Map for the 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.

Regional Analysis
Asia Ocenia is expected to be the largest market during the forecast period.
Key Players
• TomTom
• HERE Technologies
• Waymo
• NVIDIA
• Baidu
• Dynamic Map Platform
• NavInfo
• Zenrin
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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
Table of Contents
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
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Issued By Delvens
Country United Kingdom
Categories Business , Reports , Research
Last Updated September 15, 2023