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HD Map Market Size, Technology Demand 2019 and Top Companies are Here, TomTom, Google, Alibaba (AutoNavi), Navinfo, Mapmyindia | Forecast 2025
HD Map Market
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The global HD Map market is valued at 200 million in 2018 and is expected to reach 6420 million by the end of 2024, growing at a CAGR of 78.3% between 2019 and 2024.
HD Map technology is not mature now, the market outlook is full of uncertainty. But with the unstoppable development of ADAS and autonomous cars, and HD Map is essential to achieve autonomous cars, so we expect, HD Map future will be very bright.
USA has the largest global manufacturers in HD Map market, while the Europe is the second value market for HD Map in 2017.
Market Segment by Companies, this report covers
• Here
• TomTom
• Alibaba (AutoNavi)
• Navinfo
• Mapmyindia
• Sandborn
• …
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HD Map (High Definition Map) is one of the essential members of the safe driving core chain. High Definition means that the absolute coordinates are more accurate. Absolute coordinate accuracy refers to the accuracy of a target on a map and a real thing in the real world. The absolute accuracy of a HD Map is generally fine at the sub-meter level, and the relative accuracy of the landscape (eg, the relative position accuracy of the lane and lane, lane and lane) is often higher.
On the other hand, HD Map contain more informative and detailed information on road traffic information. HD Map not only have high-precision coordinates, but also accurate road shape, and each lane slope, curvature, heading, elevation, roll data are also included.
Market Segment By Type -
• Network
• Application
Market Segment By Application –
• ADAS
• Autonomous Vehicles
• Others
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Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
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