HD Map Market Is Expected to Reach 12800 Million US$ by the End of 2025
HD Map Market Report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWire) -- 04/18/2019 --HD Map (High Definition Map) is one of the essential members of the safe driving core chain. High Definition means that the absolute coordinates are more accurate. Absolute coordinate accuracy refers to the accuracy of a target on a map and a real thing in the real world. The absolute accuracy of a HD Map is generally fine at the sub-meter level, and the relative accuracy of the landscape (eg, the relative position accuracy of the lane and lane, lane and lane) is often higher. On the other hand, HD Map contain more informative and detailed information on road traffic information. HD Map not only have high-precision coordinates, but also accurate road shape, and each lane slope, curvature, heading, elevation, roll data are also included.
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USA has the largest global manufacturers in HD Map market, while the Europe is the second value market for HD Map in 2017.
HD Map technology is not mature now, the market outlook is full of uncertainty. But with the unstoppable development of ADAS and autonomous cars, and HD Map is essential to achieve autonomous cars, so we expect, HD Map future will be very bright.
In 2018, the global HD Map market size was 200 million US$ and it is expected to reach 12800 million US$ by the end of 2025, with a CAGR of 68.3% between 2019 and 2025.
This report studies the HD Map market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
Here
TomTom
Google
Alibaba (AutoNavi)
Navinfo
Mapmyindia
Sandborn
...
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Network
Application
Market segment by Application, the market can be split into
ADAS
Autonomous Vehicles
Others
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