HD Maps for Autonomous Vehicles Market Size, Revenue Analysis, PEST, Region & Country Forecast, 2021–2028

Increasing need to improve driver safety and comfort and deconjest road traffic are some key factors driving global HD maps for autonomous vehicles market growth.

Emergen Research has recently published a detailed report on the global HD Maps for Autonomous Vehicles market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the HD Maps for Autonomous Vehicles market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the HD Maps for Autonomous Vehicles market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.

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. HD mapping technology allows a driverless vehicle to localize itself with high precision by mapping its exact location with respect to the surrounding environment. The technology enables autonomous vehicles to overcome sensing limitations by providing information beyond the range of the camera, LiDAR, and radar, which is driving traction of and preference for HD maps among autonomous vehicle manufacturers.

The latest research report offers an accurate study of the HD Maps for Autonomous Vehicles industry and highlights key factors such as import/export analysis, production and consumption rates, distribution channels and consumer base in key regions of the global market. This report further explores key facts and figures related to current market conditions and provides an industry-validated database for companies looking to invest in the market. Additionally, the report provides actionable insights that help readers identify key opportunities and challenges faced in the broad competitive landscape of the HD Maps for Autonomous Vehicles market. These insights also help formulate lucrative business expansion strategies to gain a competitive edge in the market.

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The report further sheds light on the competitive landscape of the HD Maps for Autonomous Vehicles market to offer the readers an advantage over others. The competitive landscape section of the report talks about the recent advancements in the RD and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.

Research Report on the HD Maps for Autonomous Vehicles Market Addresses the Following Key Questions:

  • Who are the dominant players of the HD Maps for Autonomous Vehicles market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the HD Maps for Autonomous Vehicles market?
  • What are the key growth drivers and restraining factors of the HD Maps for Autonomous Vehicles market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the HD Maps for Autonomous Vehicles market and its key segments?

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the HD Maps for Autonomous Vehicles Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the forecast period. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global HD Maps for Autonomous Vehicles market on the basis of product, application, and region:

Segments Covered in this report are:

  • Level of automation Outlook (Revenue, USD Billion; 2021–2028)

    • Semi-Autonomous (Level 23)
    • Autonomous (Level 45)
  • Solution Outlook (Revenue, USD Billion; 2021–2028)

    • Embedded
    • Cloud-based  
  • Services Outlook (Revenue, USD Billion; 2021–2028)

    • Localization
    • Advertisement
    • Mapping
    • Update Maintenance

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Leading manufacturers profiled in the report:

NVIDIA, Tomtom, DeepMap, Here Technologies, Navinfo, Civil Maps, Mapmyindia, Sanborn Map Company, Navmii and Autonavi

Additional information offered by the report:

  • Along with a complete overview of the global HD Maps for Autonomous Vehicles market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global HD Maps for Autonomous Vehicles market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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