Dutchy Ron schreef op 26 juli 2021 15:41:
[HD Map for Autonomous Vehicles Market worth $16.9 Billion by 2030CHICAGO, July 26, 2021 /PRNewswire/ -- According to the new market research report "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", published by MarketsandMarkets™, 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
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.
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