HD Map for Autonomous Vehicles Market by Solution (Cloud-Based & Embedded), LOA (L2, L3, L4, & L5), Usage (Passenger & Commercial), Vehicle Type, Services (Advertisement, Mapping, Localization, Update & Maintenance) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global HD Map for Autonomous Vehicles market size is projected to reach USD 17 billion by 2026 at a CAGR of 31.8% from USD 1.5 billion in 2021 during the forecast period 2021-2028.
HD mapping is a technology used for autonomously driving vehicle so as to provide them with high precision, exact map location with respect to the corresponding environment. HD maps are not meant for general navigation and are thus specially designed for the driverless vehicles.
With the recent trend of autonomous driving along with the increased investments by the start-ups are some of the factors that have supported long-term expansion for HD Map for Autonomous Vehicles Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. With the nationwide lockdown across the globe the manufacturing units were shut down thus having a negative impact on the market.
Asia Ocenia is expected to be the largest market during the forecast period.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 1.5 billion |
Growth Rate |
CAGR of 31.8% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
train type, application, component, cable type, voltage, material type, wire length, end use and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
TomTom , HERE Technologies , Waymo , NVIDIA , Baidu , Dynamic Map Platform , NavInfo, and Zenrin |
Available Customization |
In addition to the market data for HD Map for Autonomous Vehicles Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
HD Map for Autonomous Vehicles Market is segmented into train type, application, component, cable type, voltage, material type, wire length, end use and geography.