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Dublin, Jan. 25, 2023 (GLOBE NEWSWIRE) — “HD Autonomous Vehicle Market Map by Service Type, by Vehicle Type, by Usage Type, by Solution, by Level of Automation: Global Opportunity Analysis and Industry Forecast, 2025-2035” report is added ResearchAndMarkets.com’s offering.

According to the report, HD Map for Autonomous Vehicles Market, the HD Map for Autonomous Vehicles market is valued at USD 3.7 billion in 2025 and is estimated to reach USD 66.1 billion by 2035, growing at a CAGR of from 33.4% from 2025 to 2035.

The concept of an HD map for autonomous vehicles is usually attributed to maps specifically created for self-driving autonomous vehicles and are commonly referred to as high-definition maps (HD maps). HD maps have information presented in layers. The data in each layer varies depending on the company that produces the map. HD Maps is also expected to provide advertising services, which will be a key revenue generation segment for HD Maps companies.

Furthermore, the next generation of autonomous driving technology requires higher quality and more detailed map content to support sensor data and guarantee driver safety and comfort. To achieve this, autonomous vehicles are expected to rely on a combination of artificial intelligence, sensors and digital maps. It allows them to see around curves, through fog and over large vehicles that block the sensor’s view.

For example, in October 2019, NavInfo Co., Ltd. has further developed its map production and distribution technology with the launch of FastMap 3.0, a third-generation platform for map production and distribution system. It used modern technologies such as big data mining and artificial intelligence technology to enable accurate map production.

In addition, the HD map for autonomous vehicle market has seen significant growth in recent years, thanks to the demand for accurate navigation and the adoption of autonomous vehicles for car rental services. Furthermore, companies operating in the market have adopted partnerships, investments and product launches to increase their market share and expand their geographic presence. For example, in June 2021, Waymo LLC partnered with Google Inc., a leading software development company, to launch the Waymo One service, which allowed users to book fully autonomous transportation services through the Google Maps app. The service was first offered in the East Valley of Phoenix, Arizona, USA

Factors such as the rise in adoption of autonomous vehicles, the increasing importance of HD maps for safe autonomous driving, and advancements in 5G technology are supplementing the growth of the HD maps market for autonomous vehicles. However, high costs associated with the technology and limited standardization in HD maps are the factors expected to hamper the growth of the market. Additionally, growth in connected infrastructure and improved road regulation and increasing investment in mapping technology are creating market opportunities for key players operating in the market.

Key benefits for stakeholders

  • This study presents an analytical presentation of the global HD map for autonomous vehicle market analysis along with current trends and future estimations to show imminent investment pockets.

  • The overall HD map for autonomous vehicle market opportunities is determined by understanding profitable trends to gain a stronger foothold.

  • The report presents information related to key drivers, restraints, and opportunities of the global HD Map for Autonomous Vehicles market with detailed impact analysis.

  • The current HD map for the autonomous vehicle market is quantitatively analyzed from 2025 to 2035 to determine the financial competence.

  • Porter’s five forces analysis illustrates the power of buyers and suppliers in an industry.

Key market segments
By type of service

  • Mapping

  • Localization

  • Keeping it up to date

  • Commercials

By vehicle type

  • Passenger vehicles

  • Commercial vehicles

By type of use

  • Personal mobility

  • Commercial mobility

Bi Solution

By degree of automation

  • Level 2

  • Level 3

  • Level 4

  • Level 5

By Region

  • North America

  • USA

  • Canada

  • Mexico

  • Europe

  • UK

  • Germany

  • France

  • Italy

  • The rest of Europe

  • Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Rest of Asia and the Pacific

  • LAMEA

  • Latin America

  • Middle East

  • Africa

Key players in the market

  • Autonavi

  • Baidu

  • Civil Maps

  • DeepMap

  • Dynamic Map Platform

  • Esri

  • HERE Technologies

  • Mapbox

  • A moment

  • NavInfo

  • Navmi

  • Sanborn Map, Inc.

  • TomTom International BV

  • Vaimo LLC

  • Woven Planet Holdings, Inc.

  • Zenrin Co., Ltd.

  • NVIDIA Corporation

Key topics covered:

CHAPTER 1 INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW

CHAPTER 4: HD MAP FOR THE AUTONOMOUS VEHICLE MARKET, BY SERVICE TYPE

CHAPTER 5: HD MAP FOR THE AUTONOMOUS VEHICLE MARKET, BY VEHICLE TYPE

CHAPTER 6: HD MAP FOR THE AUTONOMOUS VEHICLE MARKET, BY USE TYPE

CHAPTER 7: HD MAP FOR THE AUTONOMOUS VEHICLE MARKET, BY SOLUTION

CHAPTER 8: HD MAP FOR THE AUTONOMOUS VEHICLE MARKET, BY LEVEL OF AUTOMATION

CHAPTER 9: HD MAP FOR THE AUTONOMOUS VEHICLE MARKET, BY REGION

CHAPTER 10: THE COMPANY’S LANDSCAPE

CHAPTER 11: COMPANY PROFILES

For more information on this report, visit https://vvv.researchandmarkets.com/r/lru2mu-map-for?v=12

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