The global HD maps for autonomous vehicles market is expected to reach a market size of USD 16.51 Billion at a steady CAGR of 34.3% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to increasing requirement for new generation of highly accurate and realistic digital map solutions and software. The ability of HD maps to determine the exact position of a vehicle in real-time with the help of analyzed data from multiple sources such as vehicle sensors, LiDAR, onboard cameras, satellite imagery, and GPS is driving demand for and deployment of HD maps among autonomous vehicle manufacturers.

HD mapping technology allows a driverless vehicle to localize itself with high precision by mapping its exact location with respect to the surrounding environment. The technology enables autonomous vehicles to overcome sensing limitations by providing information beyond the range of the camera, LiDAR, and radar, which is driving traction of and preference for HD maps among autonomous vehicle manufacturers.

The Global HD maps for autonomous vehicles Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

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The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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Furthermore, the report provides a comprehensive overview of the HD maps for autonomous vehicles market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.

Key Players Profiled in the Report are:

NVIDIA, TomTom, DeepMap, Here Technologies, Navinfo, Civil Maps, Mapmyindia, Sanborn Map Company, Navmii, and Autonavi.

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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the HD maps for autonomous vehicles market expected to boost the growth of the industry in the coming years.

Emergen Research has segmented the global HD maps for autonomous vehicles market on the basis of level of automation, solution, services, vehicle type:

Level of automation Outlook (Revenue, USD Billion; 2021–2028)

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

Solution Outlook (Revenue, USD Billion; 2021–2028)

  • Embedded
  • Cloud-based

Services Outlook (Revenue, USD Billion; 2021–2028)

  • Localization
  • Advertisement
  • Mapping
  • Update & Maintenance

Vehicle Type Outlook (Revenue, USD Billion; 2021–2028)

  • Commercial Vehicles
  • Passenger Vehicles

Key Questions Answered in the Report:

  1. What is the growth rate of the HD maps for autonomous vehicles market? What is the anticipated market valuation of HD maps for autonomous vehicles industry by 2028?
  2. What are the key growth driving and restraining factors of the HD maps for autonomous vehicles market?
  3. Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
  4. What are the key opportunities and growth prospects of the HD maps for autonomous vehicles industry over the forecast period?
  5. Which region is expected to show significant growth in the coming years?

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