HD Maps for Autonomous Vehicles Market
Global HD Maps for Autonomous Vehicles Market Research By Service Type (Mapping, Localization, Updates and Maintenance and Advertisement), By Level of Automation (Semi-Autonomous Driving Vehicles and Autonomous Driving Vehicles), and By Vehicle Type (Passenger Vehicles and Commercial Vehicles) Forecast 2021-2027 Update Available - Forecast 2024-2030
The global HD maps for autonomous vehicles market is growing at a considerable CAGR of 30.2% during the forecast period. The Growing adoption of level 2 and level 3 ADAS attributes, increasing investment by companies in the development of HD maps is considered as the prime factors affecting and driving the market. Additionally, the increasing R&D activities associated with HD maps along with growing map data collection are also estimated to be the key factors that are contributing significantly towards the growth of the market. However, the high cost of investment and limited standardization in HD maps is the major factor constraints that are hindering the growth of the global HD maps for the autonomous vehicle market across the globe.
Moreover, the increasing benefits of autonomous renting car services are one of the key factors that are creating opportunities in the market. New product launches and collaboration in the market are likely to drive the growth of the global HD maps for the autonomous vehicles. For instance, in May 2021, one of the leading location data and technology platform companies named HERE Technologies had done the collaboration with INCREMENT P Corp. in order to expand its location technology and accelerate digital transformation for its customers.
Impact of COVID-19 Pandemic on the Global HD Maps for Autonomous Vehicles Market
The global HD maps for autonomous vehicles are hardly hit by the COVID-19 pandemic since December 2019. The COVID-19 pandemic had brought a lot of disruption across the globe. Moreover, various manufacturing activities were shut down that delayed in production of new passenger and commercial vehicles along with its sales owing to the COVID-19 pandemic that had adversely impacted the market.
Segmental Outlook
The global HD maps for autonomous vehicles market is segmented based on service type, level of automation, and vehicle type. Based on service type, the market is segmented into mapping, localization, updates and maintenance, and advertisement. Based on the level of automation the market is segmented into semi-autonomous driving vehicles and autonomous driving vehicles. Further, based on vehicle type the market is segmented into passenger vehicles and commercial vehicles.
Global HD Maps for Autonomous Vehicles Market Share by Level of Automation 2020 (%)
Based on the level of automation, autonomous driving vehicles hold a significant share in the market. This is owing to greater traffic flow, reduction in emission of gases, along with decreased congestion. Additionally, major players present in the market have also started investing in the research and development of autonomous driving technology, which in turn will drive the growth of the segment.
Regional Outlooks
The global HD maps for autonomous vehicles market is analyzed based on the geographical regions that are contributing significantly towards the growth of the market. Based on the geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America held a considerable share in the global HD maps for autonomous vehicles market. Some factors that are boosting the market growth in North America are increasing investment in autonomous vehicle technology; growing demand associated with safe, efficient, and convenient driving experience, and the existence of a large number of players in the region.
Global HD Maps for Autonomous Vehicles Market, by Region 2021-2027
Asia-Pacific will have Considerable Growth in the Global HD Maps for Autonomous Vehicles Market
Asia-Pacific region is expected to witness significant growth opportunities for the market. Increasing demand for semi-autonomous vehicles across the region is likely to drive the growth of the regional market. Key market companies expanding their reach along with rising investments in autonomous vehicle technology in this region, especially in South Korea, China and India are also impacting the growth of the market. Additionally, an increase in R&D funding and activities for a better outcome is another factor that is also affecting the growth of the market.
Market Player Outlook
Key players of the global HD maps for autonomous vehicles market are TomTom International BV., HERE Technologies, Waymo, NVIDIA, and Dynamic Map Platform. To survive in the market, these players adopt different marketing strategies such as product launches and mergers and acquisitions. For instance, in June 2021, TomTom International BV had set forth the introduction of the TomTom GO Expert that is regarded as the ultimate satnav for professional truck, vans along with bus drivers. TomTom GO Expert consists of a 7-Inch high-definition (HD) touchscreen display along with a new processor that involves 4x quicker speed when compared with previous satnavs. Additionally, it is also packed with powerful attributes that include smart routing for large vehicles along with accurate traffic information that makes driving more efficient.
In February 2021, one of the providers of the High-Precision 3D map data in Japan named Dynamic Map Platform had entered into a partnership with Valeo automotive supplier, in autonomous and connected vehicles in order to develop technologies along with business models for precise localization and map updates that will accelerate the growth and development of autonomous driving systems.
In January 2021, HERE Technologies that is considered as one of the providers of location data and technology platforms is providing HD mapping technology to Deutsche Bahn which is regarded as one of the leading mobility and logistics companies globally in order to utilize the technology for its new Sensors4Rail digital rail project.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global HD maps for autonomous vehicles based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global HD Maps for Autonomous Vehicles Industry
• Recovery Scenario Of Global HD Maps For Autonomous Vehicles Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global HD Maps For Autonomous Vehicles Market By Service Type
5.1.1. Mapping
5.1.2. Localization
5.1.3. Updates and Maintenance
5.1.4. Advertisement
5.2. Global HD Maps For Autonomous Vehicles Market By Level of Automation
5.2.1. Semi-Autonomous Driving Vehicles
5.2.2. Autonomous Driving Vehicles
5.3. Global HD Maps For Autonomous Vehicles Market By Vehicle Type
5.3.1. Passenger Vehicles
5.3.2. Commercial Vehicles
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amazon
7.2. Apple Inc.
7.3. Blickfeld GmbH
7.4. Civil Maps
7.5. Dynamic Map Platform
7.6. HERE Technologies
7.7. MapMyIndia
7.8. NavInfo Co., Ltd.
7.9. NVIDIA
7.10. SpearEye Automotive Safety inc
7.11. The Sanborn Map Co. Inc.
7.12. TomTom International BV.
7.13. Voxel Maps
7.14. Waymo
7.15. Zenrin
1. GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)
2. GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES BY SERVICE TYPE, 2020-2027 ($ MILLION)
3. GLOBAL MAPPING MARKET BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL LOCALIZATION MARKET BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL UPDATES AND MAINTENANCE MARKET BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL ADVERTISEMENT MARKET BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES BY LEVEL OF AUTOMATION, 2020-2027 ($ MILLION)
8. GLOBAL SEMI-AUTONOMOUS DRIVING VEHICLES MARKET BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL AUTONOMOUS DRIVING VEHICLES MARKET BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES BY VEHICLE TYPE, 2020-2027 ($ MILLION)
11. GLOBAL PASSENGER VEHICLE MARKET BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL COMMERCIAL VEHICLE MARKET BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
15. NORTH AMERICAN HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2020-2027 ($ MILLION)
16. NORTH AMERICAN HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY LEVEL OF AUTOMATION, 2020-2027 ($ MILLION)
17. NORTH AMERICAN HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2020-2027 ($ MILLION)
18. EUROPEAN HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. EUROPEAN HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2020-2027 ($ MILLION)
20. EUROPEAN HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY LEVEL OF AUTOMATION, 2020-2027 ($ MILLION)
21. EUROPEAN HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BYVEHICLE TYPE, 2020-2027 ($ MILLION)
22. ASIA-PACIFIC HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY LEVEL OF AUTOMATION, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2020-2027 ($ MILLION)
26. REST OF THE WORLD HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2020-2027 ($ MILLION)
27. REST OF THE WORLD HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY LEVEL OF AUTOMATION, 2020-2027 ($ MILLION)
28. REST OF THE WORLD HD MAPS FOR AUTONOMOUS VEHICLES MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES MARKET SHARE BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES MARKET, 2021-2027 (%)
4. GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES MARKET SHARE BY SERVICE TYPE, 2020 VS 2027 (%)
5. GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES MARKET SHARE BY LEVEL OF AUTOMATION, 2020 VS 2027 (%)
6. GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES MARKET SHARE BY VEHICLE TYPE, 2020 VS 2027 (%)
7. GLOBAL HD MAPS FOR AUTONOMOUS VEHICLES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL MAPPING MARKET BY REGION, 2020 VS 2027 (%)
9. GLOBAL LOCALIZATION MARKET BY REGION, 2020 VS 2027 (%)
10. GLOBAL UPDATES AND MAINTENANCE MARKET BY REGION, 2020 VS 2027 (%)
11. GLOBAL ADVERTISEMENT MARKET BY REGION, 2020 VS 2027 (%)
12. GLOBAL SEMI-AUTONOMOUS DRIVING VEHICLES MARKET BY REGION, 2020 VS 2027 (%)
13. GLOBAL AUTONOMOUS DRIVING VEHICLESMARKETBY REGION, 2020 VS 2027 (%)
14. GLOBAL PASSENGER VEHICLE MARKETBY REGION, 2020 VS 2027 (%)
15. GLOBAL COMMERCIAL VEHICLEMARKETBY REGION, 2020 VS 2027 (%)
16. US HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
17. CANADA HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
18. UK HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
19. FRANCE HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
20. GERMANY HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
21. ITALY HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
22. SPAIN HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
23. REST OF EUROPE HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
24. INDIA HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
25. CHINA HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
26. JAPAN HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
27. SOUTH KOREA HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
28. REST OF ASIA-PACIFIC HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
29. REST OF THE WORLD HD MAPS FOR AUTONOMOUS VEHICLES MARKET SIZE, 2020-2027 ($ MILLION)
