Press release
Latest Trends In Global Autonomous Car HD Maps Market
Multiple OEMs have established autonomous vehicle plans and have invested in HD maps development both internally and through third-party firms. By 2025, 15 OEMs plan to release 25 L3 vehicles and 4-5 L4 vehicles.However, multiple plans in this regard are falling behind schedule due to a variety of factors such as R&D, legislation, and so on.
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To reduce cost and size of HD maps, mapping providers are assessing innovative methods of fingerprint base maps(Civil Maps), streaming data from cloud(Mobileye) and vector and tile- based map format(Here maps).
The business strategy that is being followed by several OEMs that develop autonomous vehicles is to develop in-house mapping technology.
Global Autonomous Car HD Maps Market SIZE AND FORECAST
The Global Autonomous Car HD Maps Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
RECENT TRENDS
The HD maps (High-Definition maps) market has been witnessing significant growth and evolution in recent years. HD maps are detailed and precise digital maps that provide accurate information about road networks, landmarks, traffic signs, and other relevant data.
These maps are a crucial component for autonomous driving systems, advanced driver-assistance systems (ADAS), and other location-based services.
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The adoption of HD maps in autonomous vehicles is one of the primary drivers of the market. HD maps enable autonomous vehicles to navigate complex road networks, make informed decisions, and ensure safe and efficient driving.
Companies specializing in autonomous vehicles, such as Waymo, Tesla, and Cruise, are actively investing in HD map technologies and partnerships with map providers to enhance the capabilities of their self-driving vehicles.
COMPANY PROFILE
TomTom
Nvidia
Micello
Civil maps
Deepmap
Lvl5
Carmera
Mapbox
Mapper
Mapillary
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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
How many Autonomous Car HD Maps are manufactured per annum globally? Who are the sub-component suppliers in different regions?
Cost breakup of a Global Autonomous Car HD Maps and key vendor selection criteria
Where is the Autonomous Car HD Maps manufactured? What is the average margin per unit?
Market share of Global Autonomous Car HD Maps Market manufacturers and their upcoming products
Cost advantage for OEMs who manufacture Global Autonomous Car HD Maps in-house
key predictions for next 5 years in Global Autonomous Car HD Maps Market
Average B-2-B Autonomous Car HD Maps market price in all segments
Latest trends in Autonomous Car HD Maps market, by every market segment
The market size (both volume and value) of the Autonomous Car HD Maps market in 2023-2030 and every year in between?
Production breakup of Autonomous Car HD Maps market, by suppliers and their OEM relationship.
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About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it's our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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