Global HD Map for Autonomous Vehicles Market USD 7.56 Billion by 2027.Global HD Map for Autonomous Vehicles Market reached USD 1.1 Billion in 2020. The Global HD Map for Autonomous Vehicles Market tends to grow by a CAGR of 31.7% in the 2021-2027 period.
Autonomous is self driving, after electric vehicles this segment is attracting the investors, for manufacturing the self driving vehicles utmost part will be the map. Leading and branded OEMs like Ford, Honda, Mercedes, Audi, Tesla have planned out their future forecasted dates to roll out their autonomous vehicles in the market, while some of them are already in the market. That surge in the demand for autonomous vehicles is driving this market to a new level. Along with that, key players in the automobile industry are collaborating with the high definition maps suppliers for their final product. High investments by startups for the development of HD maps is also a key factor. Renting of autonomous vehicles is also in demand which may create new opportunities in this market. Also, the market is still in its initial stage, with new players still joining, wich shows a great potential for growth. However, high costing of mapping and legal and privacy issues may restrain the market. Commercial mobility segment including renting, sharing-ride, logistics is going to account for the largest market share in the forecasted period.

Asia Pacific countries are going to cover most of the share in this market with China being the leading nation because of the presence of leading HD maps providers and availability of low-cost servicing. In India, MapmyIndia is the leading market player of this region accounting a major chunk of market share and servicing top brands.

Major market players included in this report are:
DeepMap
Navinfo Co. Ltd
Tomtom (Bridgestone)
Here Technologies
Intellias (Horizon Capital)
Waymo
NVIDIA
Esri
Carmera
Civil Maps
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Service Type:
Mapping
Localization
Updates and Maintenance
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By Level of Automation:
Semi-Autonomous Driving Vehicles
Level 2
Level 3
Autonomous Driving Vehicles
Level 4
Level 5
By Usage Type:
Personal Mobility
Commercial Mobility
By Vehicle Type:
Passenger Car
Commercial Vehicles
By Region:
North America
The U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global HD Map for Autonomous Vehicles Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors