HD Map for Autonomous Vehicles Market by Solution (Cloud-Based & Embedded), LOA(L2, L3, L4, & L5), Usage (Passenger & Commercial), Vehicle Type, Services (Advertisement, Mapping, Localization, Update & Maintenance), & Region – Global Forecast to 2030

2021-07-26
Price :
Published : Jul-2021
No. of Pages : 247
Inquire before Buying request discount

“Increasing Demand For Semi-Autonomous Vehicles And Rising Investments For The Development Of Autonomous Vehicle Will Propel The HD Map For Autonomous Vehicle Market”

The HD maps for autonomous vehicles market is estimated to be USD 1.4 Billion in 2021 and is projected to grow at a CAGR of 31.7% during the forecast period, to reach USD 16.9 Billion by 2030.  HD maps are primarily used in autonomous vehicles. These are the maps designed for use by the machines that drive the autonomous vehicles. HD maps offer high-precision localization, environment perception, planning and decision making, and real-time navigation cloud services to autonomous vehicles. OEMs across the globe are investing in the development of autonomous vehicles. Although level 5 fully autonomous vehicles are not expected to be commercially available until 2025, many of the associated technologies have already been developed, and thousands of patent applications have been filed to secure intellectual property rights. Ford had the largest number of patents related to autonomous vehicle technology, followed by Toyota by the end of 2020. Since 2011, Ford submitted 14,354 patents and 13,000 patents were submitted by Toyota by the end of 2020.

With the growing trend of autonomous driving technology, the global HD maps market is expected to grow at a significant rate in the future. The promising market for self-driving car renting services and increased investments in autonomous driving technology startups are expected to boost the HD maps market. In addition, increasing R&D activities related to HD maps by leading HD map suppliers and several startups will further fuel the growth of HD maps for autonomous vehicle market. However, high investment costs and slow adoption rates in developing countries are considered the major restraints for this market.

North America is estimated to be the largest market for HD maps for autonomous vehicles during the forecast period. The North American market is principally driven by the increasing demand for a safe, efficient, and convenient driving experience; rising investment in autonomous vehicle technology; and a strong presence of HD map suppliers. The increase in government support and the availability of suitable infrastructure for semi-autonomous and autonomous vehicles are likely to drive market growth in the region. Asia Oceania is projected to grow at the highest CAGR of 34.3%. China, Japan, and South Korea are the key countries in the region leading the fast-paced development. The government support for autonomous vehicle technology is also a driving factor for the growth of the Asia Oceania market.

Some of the major players in the HD map for autonomous vehicle market are TomTom (the Netherlands), HERE Technologies (the Netherlands), Waymo (US), NVIDIA (US), Baidu (China), Dynamic Map Platform (Japan), NavInfo (China), and Zenrin (US). These players have long-term supply contracts with leading automotive manufacturers and autonomous vehicle technology developers. These companies have adopted the strategies of new product developments, acquisitions, agreements, collaborations, expansions, joint ventures, partnerships, and supply contracts to gain traction in the HD map for autonomous vehicle market. Partnership and collaboration are the most widely adopted strategies by major players. For instance, in September 2019, TomTom and HELLA Aglaia collaborated to update the TomTom High Definition Map in real-time using crowdsourced camera data from vehicles. As part of the collaboration, HELLA Aglaia will use AutoStream, which is TomTom’s innovative map delivery system, to access the latest TomTom HD Map on demand and will use the HD Map in the vehicle for accurate localization.

“Wide adoption of HD maps in passenger mobility segment expected to lead to market growth”

Personal mobility is estimated to be the largest segment of the HD map for autonomous vehicle market, by usage type, owing to the higher volume of semi-autonomous vehicle sales, and a majority of semi-autonomous vehicles would be used for personal transportation. OEMs such as Honda, Nissan, General Motors, and Mercedes-Benz promote the use of HD map and use it to develop its level 2 and level 3 semi-autonomous vehicles. The commercial mobility segment is projected to be the fastest-growing because of the high demand for ride-sharing services, predominant usage of autonomous vehicles for ride-sharing and robo-taxi services, and growing partnership between ride-sharing companies and HD map providers.

The transportation of goods by autonomous vehicles helps minimize the cost of delivery. E-commerce companies mostly drive the delivery of goods by autonomous vehicles. According to companies like Continental, 80% of all business-to-consumer deliveries will be done by driverless cars in the future. OEMs, autonomous vehicle technology providers, and logistics/transportation companies such as Pony.ai, FedX, and Ford are involved in testing autonomous last delivery vehicles across the world. For example, in June 2021, Ford and Hermes, a consumer delivery company in the UK, started testing autonomous vehicles for delivery. HD mapping companies can focus on developing HD maps and other related solutions for the commercial mobility segment as it can provide high growth opportunities, especially for new entrants.

“Level 2&3 semi-autonomous vehicles to ensure dominant position of the segment”

HD map market for Level 2&3 semi-autonomous vehicles is estimated to be the largest market, and the market for Level 4&5 autonomous vehicles is expected to be the fastest-growing market during the forecast period. The semi-autonomous vehicle segment dominates because of the demand for features such as Co-operative Adaptive Cruise Control, Highway Autopilot, Auto Lane Change, and Hands-free Auto Parking. Other factors include stringent laws concerning autonomous driving and a greater number of semi-autonomous vehicles on road than autonomous vehicles during the forecast period. Rapid advancements and the decreasing cost of ADAS components and solutions are expected to spur the growth of the HD map market for semi-autonomous vehicles. For example, ZF unveiled its coASSIST level 2+ driving system in 2020 with a price range of USD 1,000. Such affordable ADAS solutions would increase the penetration of major ADAS features in a standard ADAS package. ZF offers copilot, a scalable ADAS solution for level 2+ to level 4 driving systems, was co-developed with NVIDIA. These affordable ADAS solutions would significantly boost the adoption of ADAS and the demand for HD maps for semi-autonomous vehicles. The autonomous vehicles segment is projected to have a significant growth rate during the forecast period. The continuous improvement in HD map technology is also a major factor boosting the growth of the market. Increasing investments for the development of level 4 and level 5 technologies and the growth in the testing activities of level 4 and level 5 autonomous vehicles will drive the HD map market for autonomous vehicles.

The study contains insights from various industry experts, ranging from component suppliers to tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Department: Sales/Marketing – 45%, Production & Procurement – 35%, CXOs – 20%
  • By Designation: C level – 40%, D level – 35%, Others – 25%
  • By Region: Asia Pacific- 40%, North America – 20%, Europe – 35%, RoW-5%

Major players profiled in the report are TomTom (Netherlands), HERE (Netherlands), NVIDIA (US), Waymo (US), Baidu (China), Dynamic Map Platform (Japan), and NavInfo (China).

Research Coverage

The report segments the HD maps for autonomous vehicles harness market and forecasts its size, by value, on the basis of service type (mapping, localization, updates and maintenance, and advertisement), level of automation (semi-autonomous driving vehicles, autonomous driving vehicles), solution type (cloud based, embedded), usage type (operational data, commercial mobility), vehicle type (passenger car, commercial vehicles) & region.  It also covers the competitive landscape and company profiles of the major players in the HD maps for autonomous vehicles harness market ecosystem.

Key Benefits of Buying the Report:

  • The report will help market leaders/new entrants in this market with information on the closest approximations of revenue and value for the HD maps for autonomous vehicles harness market and its 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 will also help the market players understand the impact of COVID-19 on HD maps for autonomous vehicles harness market.
  • The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
Filed in: Automotive
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

EV Charging Cables Market by Power Supply (AC and DC), Application (Private Charging and Public Charging), Length (2-5 Meters, 6-10 Meters, and >10 Meters), Shape (Straight and Coiled), Mode, Charging Level, Diameter and Region – Global Forecast to 2027

“Increasing adoption of electric vehicles and increased demand for fast charging stations are anticipated to trigger the growth of the EV charging cables market.” The global EV charging cables market is projected to grow at a CAGR of 29.8%, to reach USD 2,453 million by 2027 from an estimated USD 665 million in 2022. Factors such as rapidly developing EV infrastructure, rising EV sales worldwide, and government support on overall EV ecosystem are expected to support the EV charging cables market growth. Increasing concerns about the environment along with rapid improvements in battery and charging technologies have contributed to the growing popularity of electric vehicles. Similarly, improving vehicle range is further supporting the demand for electric vehicles across the world.......
 $4950

EV Test Equipment Market by Vehicle Type (Passenger Car and Commercial Vehicle), Electric Vehicle Type (BEV, PHEV & HEV), Equipment Type, Application Type (EV Component, EV Charging, and Powertrain) and Region – Global Forecast to 2027

“The growth of the EV test equipment market can be attributed to the increasing demand for electric vehicles. The global EV test equipment market size is projected to reach USD 242 million by 2027, from an estimated USD 79 million in 2022, at a CAGR of 25.2%. The market for electric vehicles has been growing over the past few years due to the increasing demand for emission-free vehicles around the world, combined with the rising cost of fuel. Various renowned OEMs have been working on developing EVs with advanced electronic/electric components over the past few years. Due to the rapidly developing EV drivetrain technologies, government initiatives (tax rebates & subsidies), and regulations, both passenger and commercial electric vehicles have witnessed a high demand. OEMs offer a ......
 $

Automotive Heat Exchanger Market by Propulsion & Component (ICE, EV), Electric Vehicle Type (BEV, PHEV, HEV), Design (Plate Bar, Tube Fin), Vehicle Type, Off-Highway Vehicle Type (Passenger Car, LCV, Truck, Bus) and Region – Global Forecast to 2027

“Increase in the penetration of hybrid and plug-in hybrid vehicles, growth in the automotive industry, and increasing adoption of HVAC systems in high-end commercial and off-highway vehicles are expected to fuel the demand in automotive heat exchanger market.” The global automotive heat exchanger market is projected to grow from USD 28.9 billion in 2022 to USD 34.3 billion by 2027, at a CAGR of 3.5%. Parameters such as increase in demand for hybrid and plug-in hybrid vehicles, along with steady increase in vehicle production will increase the demand for the automotive heat exchangers. In addition, the advancements in mobility solutions, paired with increase in demand for battery thermal management systems will create new opportunities for this market. “PHEV segment is expected ......
 $4950

Robotics and Automation Actuators Market by Actuation (Electric, Pneumatic, Hydraulic), Application (Process Automation, Robotics), Type, Vertical (Automotive, Electronics, Healthcare), Design Characteristics & Region – Global Forecast to 2027

“Increased use of electrical actuators, and compact pneumatic actuators in robotics and automation applications are driving the market.” The robotics and automation actuators market includes various players, such as product manufacturers and solution providers. The market size of robotics and automation actuators market is estimated to be valued at USD 18.7 billion in 2022 and is projected to grow at a CAGR of 13.9% during the forecast period. The development of advanced and cost-effective robotics and automation actuators and increasing demand for industrial robots and process automation in various industry verticals are some of the opportunities impacting the growth of the robotics and automation actuators market. “Based on type, the rotary actuator segment is estimated to ha......
 $4950

Special Mission Aircraft Market by Platform (Military Aviation, Commercial Aviation, UAV), Application (ISR, Command and Control, Combat Support, Air-Launch/Rocket Launch), Payload Type, End-User, Point of Sale and Region – Global Forecast to 2027

The special mission aircraft market is projected to grow from USD 15.9 billion in 2022 to USD 19.9 billion by 2027, at a CAGR of 4.6%. Aircraft OEMs and component manufacturers are focusing on innovating equipment and components for special missions due to the increasing demand for technologically advanced aircraft from military as well as commercial applications globally. Maintaining and funding innovations and managing fluctuations in aircraft build-rates are expected to result in the dynamic growth of the special mission aircraft market in the long term, particularly for the more fragmented parts of the supply chain and highly capital-intensive aero structure segments. Application segment is estimated to be the largest and fastest growing market The need for stealthy monitoring du......
 $4950

Ultralight and Light Aircraft Market by Aircraft Type (Ultralight & Light Aircraft), End Use (Civil & Commercial and Military), Flight Operation (CTOL & VTOL), Technology, Propulsion, Material, System and Region – Global Forecast to 2030

“The commercialization of passenger drones is one of the key factor influencing the growth of the ultralight and light aircraft market.” The ultralight and light aircraft market is projected to grow from USD 7.5 billion in 2022 to USD 11.9 billion by 2030, at a CAGR of 5.9% from 2022 to 2030. The market is driven by the commercialization of passenger drones. However, the market's growth is limited by the regulations on use of unamnend aircrafts to foresee the market growth. The COVID-19 outbreak has had an impact on the ultralight and light aircraft supply chain. The spread of COVID-19 in the United States and Europe is expected to be slowed by lockdowns at ultralight and light aircraft vehicle research and development centres. As a result of the Asia Pacific lockdown, many busin......
 $

Automotive Ambient Lighting Market by IC & Electric Vehicle (BEV, FCEV, PHEV), Application (Footwell, Door, Dashboard, Center Console), Passenger Car (C, D, E & F), Aftermarket (Country & Application (Interior & Exterior)) – Global Forecast to 2027

“Increased penetration of ambient lighting in low-mid segment cars to upsurge the automotive ambient lighting market” The automotive ambient lighting market size is projected to reach USD 6.2 billion by 2027 from an estimated USD 3.8 billion in 2022, at a CAGR of 10.6% from 2022 to 2027. The key factors driving the market growth include increasing penetration of ambient lighting in low to mid-segment vehicles, inclination toward luxury, and increasing vehicle production. The improving economic condition of developing regions such as Asia Oceania has boosted the market for premium vehicles, which are equipped with ambient lighting. “The foot well segment for automotive ambient lighting segment is expected to hold a dominant share throughout the forecast period as most of OEMs of......
 $4950

Diesel Exhaust Fluid Market by Component (SCR Catalysts, DEF Tanks, Injectors, Supply Modules, Sensors), OHV Market by Application, Aftermarket by Vehicle Type, Supply Mode (Cans, IBCs, Bulk & Pumps), End Use Market and Region – Global Forecast to 2027

“Stringent emission regulations are leading to the increased penetration of diesel SCR vehicles.” The global diesel exhaust fluid aftermarket forecasted to reach USD 50.0 billion by 2027 from USD 34.4 billion in 2020, at a CAGR of 7.8%. Governments around the globe have updated and improved their emission standards by introducing new legislation for the automotive industry to comply to. Western regions, such as the North American and European region, have introduced new regulations like the Clear Air Act of the Us which has stricter standards and wider scope for emissions. In the Asian region countries like China and India have introduced swift regulation to counter rising air pollution. The introduction of such regulations, norms and standards will drive the demand for DEF acros......
 $4950

Industrial Vehicles Market in terms of Vehicle Type, Drive Type (ICE, Battery-operated, Gas-powered), Application, Capacity, Level of Autonomy, Aerial Work Platform (Boom Lifts, Scissor Lifts) and Region – Global Forecast to 2027

“Increasing growth of e-commerce sector, rising demand for automation solutions in material handling processes across industries and increasing focus on improving workplace safety are expected to fuel the demand in industrial vehicles market.” The global industrial vehicles market is projected to grow from USD 43.7 billion in 2022 to USD 54.3 billion by 2027, at a CAGR of 4.5%. Parameters such as increasing growth of e-commerce sector, along with the increasing demand for autonomous solutions in material handling across end-use industries will boost the demand for the industrial vehicles. In addition, the growing adoption of battery-operated industrial vehicles, paired with               the advent of smart factories in the manufacturing sector will create new opportun......
 $4950

Military Battery Market by Type (Rechargeable, Non-rechargeable), Installation (OEM, Aftermarket), Application (Propulsion, Non-propulsion), Platform (Ground, Airborne, Marine), Composition, Voltage, Power Density and Region – Global Forecast to 2027

“The demand for ground vehicles and UAVs  the key factor influencing the growth of the military battery market.” The military battery market is projected to grow from USD 1.3 billion in 2022 to USD 1.6 billion by 2027, at a CAGR of 4.1% from 2022 to 2027. The market is driven by rising need for ground vehicles and UAVs  in military applications. However, the market's growth is limited by the regulations on lithium batteries to foresee the market growth. The COVID-19 outbreak has had an impact on the military battery supply chain. The spread of COVID-19 in the United States and Europe is expected to be slowed by lockdowns at military battery vehicle research and development centres. As a result of the Asia Pacific lockdown, many businesses in the military battery industry have l......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy