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.
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Covid 19 impact analysis:
The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.
Key Benefits of the Report:
· Comprehensive analysis of the competitive scenario and its changing dynamics
· Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
· In-depth 8-year analysis of the Global hd maps for autonomous vehicles market Market
· Critical understanding of the key market segments
· Comprehensive analysis of the drivers, restraints, trends, and opportunities
· Detailed regional analysis and extensive company profiling
· Extensive assessment of current and emerging trends of the market
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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the hd maps for autonomous vehicles market industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Emergen Research has segmented the global HD maps for autonomous vehicles market on the basis of level of automation, solution, services, vehicle type, and region:
- 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 regions in the market include:
· North America
o U.S.
o Canada
· Europe
o U.K.
o Italy
o Germany
o France
o Rest of EU
· Asia Pacific
o India
o Japan
o China
o South Korea
o Australia
o Rest of APAC
· Latin America
o Chile
o Brazil
o Argentina
o Rest of Latin America
· Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA
Key Questions Addressed in the Report:
· Who are the leading players in the hd maps for autonomous vehicles market industry?
· Which region is expected to dominate the market in the coming years?
· What are the key applications of hd maps for autonomous vehicles market?
· Which segment is expected to garner traction during the coming years?
· What are the key strategies adopted by leading players in the market?
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