Press release
HD Maps for Autonomous Vehicles Market Share, Size, Global Driving Factors by Manufacturers, Growth Opportunities, Regions, Type and Application, Revenue Market Forecast to 2028
HD Maps for Autonomous Vehicles Market
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 ability of HD maps to determine the exact position of a vehicle in real-time with the help of analyzed data from multiple sources such as vehicle sensors, LiDAR, onboard cameras, satellite imagery, and GPS is driving demand for and deployment of HD maps among autonomous vehicle manufacturers.
The HD Maps for Autonomous Vehicles report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.
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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.
Competitive landscape benchmarking with a focus on business profiles, product portfolio, business strategies such as M&A activities, revenue, market positions, market share, global position, and financial standing
Key players in the market include NVIDIA, TomTom, DeepMap, Here Technologies, Navinfo, Civil Maps, Mapmyindia, Sanborn Map Company, Navmii, and Autonavi.
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It offers a lucid picture of current trends in the global market, with an unbiased perspective of the leading market players, key regions/countries, end-use industries, and various product types.
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
Advertisement
Mapping
Update & Maintenance
Vehicle Type Outlook (Revenue, USD Billion; 2021–2028)
Commercial Vehicles
Passenger Vehicles
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Key regions covered in the report:
North America, Europe , Asia Pacific, Latin America, Middle East & Africa
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
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Key questions addressed in the report:
What are the key factors driving the global HD Maps for Autonomous Vehicles market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global HD Maps for Autonomous Vehicles market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
Read more: https://www.emergenresearch.com/industry-report/hd-maps-for-autonomous-vehicles-market
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