openPR Logo
Press release

HD Maps in Autonomous Vehicles : Revolutionizing Navigation and Driving Intelligence Forecast, 2025-2035

10-22-2024 02:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

HD Maps in Autonomous Vehicles : Revolutionizing Navigation

According to a new report published by Allied Market Research, titled, "HD Map for Autonomous Vehicles Market," The hd map for autonomous vehicles market was valued at $3.7 billion in 2025, and is estimated to reach $66.1 billion by 2035, growing at a CAGR of 33.4% from 2025 to 2035.

๐†๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ : https://www.alliedmarketresearch.com/request-sample/A12178

The concept of HD map for autonomous vehicles is typically attributed to the maps that are particularly built for self-driving purposes of autonomous vehicles and are usually called as High-Definition Maps (HD Maps). HD maps have information presented in layers.

The data in each layer varies depending on the company that produces the map. It is expected that HD maps will also provide advertising services, which will be the key revenue-generating segment for HD maps companies.

Moreover, the next generation of autonomous driving technology requires higher quality and more detailed map content to support sensor data and guarantee driver safety and comfort. To achieve this, autonomous vehicles are expected to rely on a combination of artificial intelligence, sensors, and digital maps.

It allows them to see around curves, through fog, and over large vehicles blocking the vision of sensors. For instance, in October 2019, NavInfo Co., Ltd.

further developed its map production and distribution technologies by launching FastMap 3.0, the 3rd generation platform for map production and distribution system. It used modern technologies, such as big data mining and artificial intelligence technology to allow for accurate map production.

In addition, the HD map for autonomous vehicles market has witnessed significant growth in recent years, owing to the demand for accurate navigation and adoption of autonomous vehicles for car renting services. Furthermore, companies operating in the market have adopted partnerships, investments, and product launches to increase their market share and expand their geographical presence.

For instance, in June 2021, Waymo LLC partnered with Google Inc., a leading software development company to launch the Waymo One service, which allowed allow users to book fully autonomous ride-hailing services through the Google Maps app. The service was first offered in the East Valley of Phoenix, Arizona, U.S.

Factors such as rise in adoption of autonomous vehicles, growing importance of HD map for safe autonomous driving, and advancement in 5G technology supplement the growth of the HD map for autonomous vehicles market. However, high cost associated with technology and limited standardization in HD maps are the factors expected to hamper the growth of the market.

In addition, growth in connected infrastructure and improved road regulations and rise in investments in mapping technology create market opportunities for the key players operating in the market.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/hd-map-for-autonomous-vehicles-market/purchase-options

COVID-19 Impact Analysis:

The COVID-19 outbreak severely impacted the automotive sector on a global level, which in turn leads to considerable drop in automotive sales, insufficiency of raw material, and others. The HD map for autonomous vehicles is an evolving sector with constant R&D which was disrupted due to lockdown and witnessed a downfall due to COVID-19 pandemic.

The companies operating in HD map designing have been impacted from production to R&D due to the pandemic. For instance, Google affiliated Sidewalk Lab's proposed 12-acre smart project in Canada related to AV has been canceled due to economic uncertainty caused by the pandemic.

Moreover, COVID-19 also affected a few HD maps operating players, including Momenta, Zenrin, and others as they are majorly dependent on OEMs activities. However, after the first lockdown, production & sales quicky recovered.

In addition, countries' governments have supported autonomous vehicle technologies has helped improve the current situation due to COVID-19. For instance, the Korean government, including ICT Board for regulatory sandboxes, has allowed the test operation of Goalies (autonomous patrol car) to proceed and introduced a new system under Autonomous Vehicle Act, i.e., AV Pilot Zone scheme.

Furthermore, autonomous vehicle technologies are expected to have prominent growth, creating a competitive advantage among key players in the industry.

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ :

By service type, the advertisement segment dominated the global HD map for autonomous vehicles market in terms of growth rate in the year 2035.

By vehicle type, the commercial vehicles segment dominated the global HD map for autonomous vehicles market in terms of growth rate in the year 2035.

By usage type, the commercial mobility segment dominated the global HD map for autonomous vehicles market in terms of growth rate in the year 2035.

By solution, the embedded segment dominated the global HD map for autonomous vehicles market in terms of growth rate in the year 2035.

By level of automation, the level 5 segment dominated the global HD map for autonomous vehicles market in terms of growth rate in the year 2035.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/A12178

The leading players operating in the HD map for autonomous vehicles market are AutoNavi, Baidu, Inc., Civil maps, DeepMap, Inc., Dynamic Map Platform Co., Ltd., Esri, HERE, Mapbox, Momenta, NavInfo Co., Ltd., Navmii, NVIDIA Corporation, The Sanborn Map Company, Inc., TomTom International BV, Waymo LLC, Woven Planet Holdings, Inc., and Zenrin Co., Ltd.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ :

Automotive Seat Climate Systems Market
https://www.alliedmarketresearch.com/automotive-seat-climate-systems-market

Truck Suspension System Market
https://www.alliedmarketresearch.com/truck-suspension-system-market-A12735

Automotive Carbon Fiber Market
https://www.alliedmarketresearch.com/automotive-carbon-fiber-market-A12796

Electric Cargo Bike Market
https://www.alliedmarketresearch.com/electric-cargo-bike-market-A08498

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐ฌ :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release HD Maps in Autonomous Vehicles : Revolutionizing Navigation and Driving Intelligence Forecast, 2025-2035 here

News-ID: 3704774 • Views: โ€ฆ

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collectโ€ฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโ€ฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โ€ฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโ€ฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โ€ฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโ€ฆ

All 5 Releases


More Releases for Map

Map It Media, Putting Businesses On The Map
Image: https://www.getnews.info/wp-content/uploads/2024/08/1724359984.png Map It Media: Your Go-To Full-Service Business Solution In today's fast-paced digital landscape, businesses of all sizes are constantly seeking ways to enhance their online presence and streamline operations. Enter Map It Media, a full-service business solution that caters to the needs of both small businesses and large enterprises alike. With a mission to "put you on the map," Map It Media offers a comprehensive suite of services designed toโ€ฆ
Digital Map Market Still Has Room to Grow | Emerging Players Google, Digital Map โ€ฆ
Global Digital Map Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360ยฐ view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improvedโ€ฆ
Digital Map Market Revenue, Facts, Statastics By DigitalGlobe, Digital Map Produ โ€ฆ
Digital Map Marketย research report is a resource that makes available current as well as upcoming technical and financial details of the industry. The report not only takes into consideration all the market drivers and restraints which are derived from SWOT analysis but also gives all the CAGR projections for the historic year 2018, base year 2019 and forecast period. This industry analysis report speaks in detail about the manufacturing process,โ€ฆ
Digital Map Market 2019 Precise Outlook โ€“Magellan, Yahoo, Automotive Navigatio โ€ฆ
The Digital Map Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Get Sample Copy of thisโ€ฆ
Digital Map Market : A Well-Defined Technological Growth Map With An Impact Anal โ€ฆ
GLOBAL DIGITAL MAP MARKET SIZE, STATUS AND FORECAST 2020-2026 The report provides a unique tool for evaluating the Digital Map Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends to identify emerging technologies and developments, and focuses on markets capacitiesโ€ฆ
Digital Map Market Outlook to 2027 - ESRI, TOMTOM, Google, Mapbox, Digital Map P โ€ฆ
An off-the-shelf report on Digital Map Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals,โ€ฆ