HD Map for Autonomous Vehicles Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The HD Map for Autonomous Vehicles Market is expected to grow at a CAGR of 36% over the forecast period 2022-2028 from $0.95 billion in 2019 to $11.3 billion in 2028. HD maps ensure the safety and security of autonomous driving. HD maps are very up-to-date, accurate and provide realistic pictures of roads. It provides the precise location of autonomous vehicles on the way. It is also used to identify and locate posts, lights, and signs for 360-degree recognition. HD maps are useful in complex environments such as driving on the road, using exits, and changing lanes. It provides information about altitude, curvature, lane slope, road shape, and road traffic. It also helps autonomous vehicles fly safe routes along all routes. HD maps prioritize inputs around them to avoid unexpected events. HD maps for the autonomous car market are driven by increased awareness of technological advances, increased dependence on the Internet, and the demand for accurate navigation.

Company Profile

• Technologies Inc. (The Netherlands),
• TomTom NV (The Netherlands),
• Google (US),
• Alibaba (China),
• NavInfo (China),
• The Sanborn Map Company (US),
• Mapmyindia (India),
• Navmii (UK), 
• RMSI (India)

Market Segmentation

By Solution

• Cloud-Based
• Embedded

By Level Of Automation

• Semi-Autonomous (Level 2&3)
• Autonomous (Level 4&5)

By Usage

• Passenger Mobility
• Commercial Mobility

By Vehicle Type

• Passenger Vehicles
• Commercial Vehicles

By Services

• Advertisement
• Localization
• Mapping
• Update & Maintenance

Scope of the Report

The research study analyzes the HD Map for Autonomous Vehicles industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by HD Map for Autonomous Vehicles Market Report

1. What was the HD Map for Autonomous Vehicles Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of HD Map for Autonomous Vehicles Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the HD Map for Autonomous Vehicles Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.