Global HD Map for Autonomous Vehicle Market is Estimated to be USD 1.3 Billion in 2020 & Projected to Reach USD 20.4 Billion by 2030, at a CAGR of 36.2%
Dublin, Dec. 31, 2019 (GLOBE NEWSWIRE) -- The "HD Map for Autonomous Vehicles Market by Solution (Cloud-Based & Embedded), Level of Automation, Usage (Passenger & Commercial), Vehicle Type, Services (Advertisement, Mapping, Localization, Update & Maintenance), & Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
Increasing consumer demand for safe autonomous vehicles and the growing trend for autonomous driving are expected to fuel the demand for HD maps for the autonomous vehicle market.
Increase in investments by the OEMs and tier-1 suppliers into HD mapping companies and improved road regulation concerning the autonomous driving laws has also triggered the growth of this market.
Semi-autonomous (level 2&3) is the largest segment of the HD map for autonomous vehicle market, by automation level type
Semi-autonomous is the most attractive segment in the HD map for autonomous vehicle market by automation level. This is attributed to the fact that the public is concerned with the safety of the autonomous driving vehicle and the regulation related to autonomous driving is stringent. The other key factor that drives this segment is the HD map product offered by many of the top companies, which include NVIDIA, TomTom, and NavInfo are focused mostly on semi-autonomous driving vehicles.
Passenger vehicle is expected to be the largest vehicle type segment in the HD map for autonomous vehicle market
The passenger vehicle segment holds most of the market share in this segment. This is to the fact that the specification required for commercial vehicles is complex when compared with passenger vehicles. Also, the rules concerned with autonomous commercial vehicles are very stringent because if it is not commercialized, which is expected to be done in 2023. With the commercialization of the commercial vehicle segment, it is expected to have a tight competition with the passenger vehicle in the HD map for autonomous vehicle market during the forecast period.
Asia-Oceania is expected to be the fastest-growing HD map for autonomous vehicle market
Currently, the North American region holds the largest share in the HD map for the autonomous vehicle market. This is primarily because of large customer base, and high disposable income of end-users especially in the US have fueled the demand for high-end safety vehicles, which in turn has resulted in increasing innovations and partnership by international automotive OEMs which has helped in the growth of HD map in this region.
The presence of top players in the HD map market, which include NVIDIA and Waymo has also had their share in increasing the market share. The Asia-Oceania region is expected to dominate the HD map market over the forecast period which is due to the growing economy, favorable financial environment, high disposable income, and increasing vehicle production are factors fostering the growth of the passenger car segment in these regions.
Key Benefits of Buying the Report:
- The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the HD maps for autonomous vehicles market and the sub-segments.
- This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
- The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency & Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.4 Market Size Estimation
2.5 Market Breakdown
2.6 Assumptions
2.7 Risk Assessment & Ranges
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the HD Map for Autonomous Vehicle Market
4.2 HD Map for Autonomous Vehicle Market, By Region
4.3 North American HD Map for Autonomous Vehicle Market, Level of Automation & Vehicle Type
4.4 HD Map for Autonomous Vehicle Market, By Solution Type
4.5 HD Map for Autonomous Vehicle Market, By Service Type
5 Market Overview
5.1 Introduction
5.2 Autonomous Vehicle Market Trend
5.3 Market Dynamics
6 Industry Trends
6.1 Porter's 5 Force
6.2 Technology Overview
7 HD Map for Autonomous Vehicle Market, By Level of Automation
7.1 Introduction
7.2 Research Methodology
7.3 Semi-Autonomous Driving Vehicles
7.4 Autonomous Driving Vehicles
7.5 Key Industry Insights
8 HD Maps Market, By Service Type
8.1 Introduction
8.2 Research Methodology
8.3 Mapping
8.4 Localization
8.5 Updates & Maintenance
8.6 Advertisement
8.7 Key Industry Insights
9 HD Map for Autonomous Vehicle Market, By Solution Type
9.1 Introduction
9.2 Research Methodology
9.3 Cloud-Based
9.4 Embedded
9.5 Key Industry Insights
10 HD Map for Autonomous Vehicle, By Usage Type
10.1 Introduction
10.2 Research Methodology
10.3 Personal Mobility
10.4 Commercial Mobility
10.5 Key Industry Insights
11 HD Map for Autonomous Vehicle Market, By Vehicle Type
11.1 Introduction
11.2 Research Methodology
11.3 Passenger Vehicles
11.4 Commercial Vehicles
11.5 Key Industry Insights
12 HD Map for Autonomous Vehicle Market, By Region
12.1 Introduction
12.2 North America
12.3 Asia Oceania
12.4 Europe
12.5 RoW
13 Competitive Landscape
13.1 Overview
13.2 Market Ranking Analysis
13.3 Competitive Scenario
13.4 Competitive Leadership Mapping
13.5 Strength of Product Portfolio
13.6 Business Strategy Excellence
13.7 Winners vs Losers
14 Company Profiles
14.1 NVIDIA
14.2 Tomtom
14.3 Deepmap, Inc.
14.4 Here Technologies
14.5 Navinfo
14.6 Civil Maps
14.7 Mapmyindia
14.8 The Sanborn Map Company
14.9 Momenta
14.10 Navmii
14.11 Other Key Players
14.11.1 Asia Oceania
14.11.1.1 RMSI
14.11.1.2 Zenrin
14.11.1.3 Autonavi
14.11.1.4 Baidu
14.11.2 Europe
14.11.2.1 Mapillary
14.11.2.2 Blickfeld GmbH
14.11.2.3 and Products Bv
14.11.3 North America
14.11.3.1 Precivision Technologies, Inc.
14.11.3.2 LVL5, Inc.
14.11.3.3 Argo Ai, LLC
14.11.3.4 Waymo
14.11.3.5 Mapbox
14.11.3.6 USHR, Inc.
14.11.3.7 Carmera
14.11.3.8 Mapper
14.11.4 Rest of the World
14.11.4.1 Mobileye
For more information about this report visit https://www.researchandmarkets.com/r/788thm
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