Global High-definition (HD) Map for Autonomous Vehicles Market, By Solution (Cloud-Based and Embedded), Level of Automation (Semi-Autonomous and Autonomous), Usage (Passenger Mobility and Commercial Mobility), Vehicle Type (Passenger Vehicle and Commercial Vehicle), and Services (Advertisement, Mapping, Localization, Update, and Maintenance)Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global High-definition (HD) Map for Autonomous Vehicles Market
Data Bridge Market Research analyses that the HD map for autonomous vehicles market would exhibit a CAGR of 31.80% for the forecast period.
HD maps are essential for the progress of autonomous vehicles. HD maps are built and modernized in real-time by using the data captured by various cameras, sensors, and LiDAR. This data helps autonomous vehicles to make well decisions while performing driving tasks and can also provide localization information, which will help find the vehicle's exact position on the map.
The high adoption of Level 2 and Level 3 ADAS features in the automotive industry is a major factor expected to fuel the growth of the high-definition (HD) map for autonomous vehicles market in the forecast period of 2022 to 2029. Furthermore, rise in awareness concerning technological advances, high investment by startups in the development of HD maps, rise in trend of autonomous driving rise in dependence upon web, demand for correct navigation and rise in R&D of autonomous vehicle drive growth of the high-definition (HD) map for autonomous vehicles market.
However, high technological value and high processing and information streaming can hamper growth of the high-definition (HD) map for autonomous vehicles market.
Moreover, advancement in 5G technology, rise in importance of HD map for safe autonomous driving and improved road rules associated with freelance driving laws act as a opportunities for growth of the high-definition (HD) map for autonomous vehicles market in the above mentioned forecast period.
This high-definition (HD) map for autonomous vehicles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on high-definition (HD) map for autonomous vehicles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global High-definition (HD) Map for Autonomous Vehicles Market Scope and Market Size
The high-definition (HD) map for autonomous vehicles market is segmented on the basis of solution, level of automation, usage, vehicle type, services. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of solution, the high-definition (HD) map for autonomous vehicles market has been segmented into cloud-based and embedded
- On the basis of level of automation, the high-definition (HD) map for autonomous vehicles market is segmented into semi-autonomous and autonomous
- On the basis of usage, the high-definition (HD) map for autonomous vehicles market is segmented into passenger mobility and commercial mobility
- On the basis of vehicle type, the high-definition (HD) map for autonomous vehicles market is segmented into passenger vehicle and commercial vehicle
- On the basis of services, the high-definition (HD) map for autonomous vehicles market is segmented into advertisement, mapping, localization, update, and maintenance
High-definition (HD) Map for Autonomous Vehicles Market Country Level Analysis
The high-definition (HD) map for autonomous vehicles market is analysed and market size insights and trends are provided by country, solution, level of automation, usage, vehicle type, services as referenced above.
The countries covered in the high-definition (HD) map for autonomous vehicles market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North-America dominates the high-definition (HD) map for autonomous vehicles market and will continue to flourish its trend of dominance during the forecast period owing to the increasing demand for a safe, efficient, and convenient driving experience. Asia-Pacific region is set to witness unprecedented growth during the forecast period and will project the highest compound annual growth (CAGR) rate. This is because of the rising investment in autonomous vehicle technology; and a strong presence of HD map suppliers.
The country section of the high-definition (HD) map for autonomous vehicles market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and High-definition (HD) Map for Autonomous Vehicles Market Share Analysis
The high-definition (HD) map for autonomous vehicles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to high-definition (HD) map for autonomous vehicles market.
The major players covered in the high-definition (HD) map for autonomous vehicles market report are HERE, TomTom International BV., Google, NavInfo Co., Ltd., The Sanborn Map Company, Inc., CE Info Systems Pvt. Ltd., DEEPMAP, Momenta, Navmii, Mobileye, RMSI, Genesys International Corporation Ltd., Cyient, NVIDIA Corporation, ZENRIN USA, ZF Friedrichshafen AG, Blickfeld GmbH, Waymo LLC, Ushr Inc., and Argo AI, LLC among others.
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