HD Map (High Definition Maps) 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.
According to the new market research report “High Definition Maps- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global High Definition Maps market size is projected to reach USD 22.45 billion by 2030, at a CAGR of 47.3% during the forecast period.
- Global High Definition Maps MarketSize (US$ Million), 2019-2030
Above data is based on report from QYResearch: Global High Definition Maps Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
- Global High Definition Maps Top8 Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "High Definition Maps- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of High Definition Maps include Here, Google, TomTom, Baidu, Navinfo, etc. In 2023, the global top four players had a share approximately 82.0% in terms of revenue.
Market Drivers: The rise of autonomous vehicles is a major driver for the High Definition Maps market. Autonomous vehicles heavily rely on accurate and up-to-date High Definition Mapss for navigation, obstacle detection, and route planning. As the development and adoption of autonomous vehicles continue to grow, the demand for High Definition Mapss is expected to increase. ADAS technologies, such as lane departure warning, adaptive cruise control, and automatic emergency braking, also rely on High Definition Mapss for accurate positioning and situational awareness. The integration of ADAS features in vehicles is driving the demand for High Definition Mapss in the automotive industry.
About The Authors
| Chen - Senior Analyst
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Email: chenglijun@qyresearch.com |
| Lijun Chen is a senior research analyst who has 8 years’ experience in semiconductor, materials, chemicals and mineral resource, etc.. | |
About QYResearch
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