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HD Map for Autonomous Vehicles Market Trends

  • Report ID: GMI10129
  • Published Date: Jul 2024
  • Report Format: PDF

HD Map for Autonomous Vehicles Market Trends

HD maps are becoming integral to ADAS and autonomous driving systems, providing essential real-time data for vehicle navigation, obstacle detection, and decision-making. For example, November 2022, The BMW 7 Series has integrated HERE Technologies' HD Live Map to enable its "Personal Pilot" Level 3 highly automated driving function This collaboration between BMW and HERE Technologies aims to advance high-definition mapping for ADAS and automated vehicle systems.
 

ADAS systems rely on HD maps to enhance situational awareness and decision-making capabilities. For example, adaptive cruise control uses map data to adjust vehicle speed based on upcoming curves and speed limits, while lane-keeping assist systems use lane-level accuracy from HD maps to guide steering.
 

The integration of AI into navigation maps for autonomous vehicles is a significant trend in the HD map for autonomous vehicles market. For example, in June 2024, Genesys International has launched India's first AI-powered navigation map tailored specifically for the automotive and mobility sectors. The new map covers an extensive 8.3 million kilometers of roads across India and includes over 30 million points of interest (POIs). The 3D Digital Twin, when combined with AI-powered maps, will enable the creation of high-definition maps that cover every aspect of the road environment.
 

AI-powered navigation maps utilize advanced algorithms and machine learning techniques to process vast amounts of sensor data collected by autonomous vehicles. AI enables navigation maps to dynamically update based on real-time inputs from vehicles and external sources. This includes changes in road conditions, construction updates, traffic congestion, and weather conditions. Autonomous vehicles equipped with AI-powered maps can adapt their routes and driving strategies in response to changing circumstances, improving safety and efficiency. Real-time updates ensure that vehicles have the most current information available for navigation and decision-making.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of HD map for autonomous vehicles reached USD 2.26 billion in 2023 and is set to witness over 30% CAGR between 2024 and 2032, due to the advancements in autonomous vehicle technology.

The software segment held 60% of the HD map for autonomous vehicles industry share in 2023, owing to innovations in AI, machine learning, and cloud computing to enhance HD maps for autonomous vehicles' navigation, safety, and scalability.

North America market held 35% revenue share in 2023, attributed to the region's advanced automotive industry, strong technological expertise, and substantial investments in autonomous driving technologies.

HERE Technologies, TomTom N.V., Google LLC (Waymo), Apple Inc (Apple Maps), Baidu, Inc (Apollo), Nvidia Corporation (NVIDIA DRIVE), and Aptiv PLC.

HD Map for Autonomous Vehicles Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 270
  • Countries covered: 23
  • Pages: 270
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