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HD Map for Autonomous Vehicles - Global Market Outlook (2018-2027)

HD Map for Autonomous Vehicles - Global Market Outlook (2018-2027)

4.8 (65 reviews)
Published: May 2020 ID: SMRC19246
4.8 (65 reviews)
Published: May 2020 ID: SMRC19246

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global HD Map for Autonomous Vehicles market is accounted for $0.71 billion in 2018 and is expected to reach $10.29 billion by 2027 growing at a CAGR of 34.4% during the forecast period. While the factors like increasing demand for autonomous driving and increasing investment by Start-UPS in development of HD maps are driving the growth of the market. However, limited standardization in HD maps is restraining the market growth.

HD or high definition maps, are fast gaining traction on account of the increasing awareness about the sophisticated technology which helps to provide accurate navigation and higher dependence on the internet.

Based on solution type, cloud based segment is likely to have a huge demand in the forecast period owing to the need for lesser storage space. Moreover, major companies to have a few offer HD map product as cloud-based services. On the basis of geography, North America is estimated to have a huge demand due to huge customer base and high disposable income of end-users in the US have fueled the demand for high-end safety vehicles in this region.

Some of the key players in HD Map for Autonomous Vehicles Market include NVIDIA, Civil Maps, Deepmap, Inc., Here Technologies, Mapmyindia, Momenta, Navinfo, Navmii, The Sanborn Map Company, and Tomtom.

Service Types Covered:
• Mapping
• Updates & Maintenance
• Localization
• Advertisement

Level of Automations Covered:
• Autonomous (Level 4&5)
• Semi-Autonomous (Level 2&3)

Solution Types Covered:
• Embedded
• Cloud Based

Vehicle Types Covered:
• Commercial Vehicles
• Passenger Car

Usages Covered:
• Commercial Mobility
• Personal Mobility

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India        
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.

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