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HD Map for Autonomous Vehicle Market Size, Share & Industry Analysis, By Solution Type (Cloud-Based And Embedded), By Level of Automation (Semi-Autonomous and Fully Autonomous), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), and Regional Forecast, 2024-2032

Last Updated: July 01, 2024 | Format: PDF | Report ID: FBI105931

 

KEY MARKET INSIGHTS

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The global HD map for autonomous vehicle market size was valued at USD 1,939.2 million in 2023 and is projected to grow from USD 2,420.3 million in 2024 to USD 20,065.6 million in 2032 at a CAGR of 30.3% over the forecast period.


The HD map is a semantic layer used to detect lane boundaries, road signals, crosswalks, traffic lights, and others to safely navigate autonomous cars. The high definition onboard maps in autonomous vehicles provide precise localization information about nearby infrastructure, roads, and environments. Moreover, these maps are specially designed & developed for self-driving vehicles with extremely high-resolution capability with centimeter-level accuracy. Further, it also provides virtual assistance and can be easily updated daily.


 Autonomous vehicles need to adhere to high safety standards as failure can impact human lives. Thus, several companies, including map-designed hardware/software product designers are coming together to develop this mapping technology, especially for driverless vehicles. The information is collected through highly precise sensors, Lidar, digital cameras, and other advanced technologies.


The COVID-19 pandemic accelerated the development and adoption of HD maps for autonomous vehicles. With increased emphasis on contactless services and reduced reliance on human drivers, there's a heightened demand for precise mapping data to support autonomous navigation. Additionally, the pandemic highlighted the importance of resilient supply chains and efficient logistics, driving investment in advanced mapping technologies. Despite initial disruptions in production and deployment, COVID-19 ultimately spurred innovation and growth in the global HD map market.


HD Map for Autonomous Vehicle Market Trends


Use of 5G Technology to Facilitate Market Developments


Several users have been actively using the internet daily for mapping/navigation applications in recent years. The recent rise in the business of shared mobility and taxis has propelled the demand for highly accurate mapping technology. The ride-sharing taxi companies also collaborate with autonomous vehicles manufacturers by considering mapping technology's future scope. For instance, Uber launched its ride-hailing services in around 30 cities to expand its business across the globe. The highest profit margin work on autonomous vehicle development, and their technology development companies are more focused on driverless private cars and taxi services. Several countries use AVs to increase popularity in shared mobility and ride services. For instance, Finland, Denmark, Chile, and other regional countries have experimented with trials of slow-moving driverless minibuses, autonomous vehicles for tourism in sensitive areas, and many others. In addition, enabling the faster connection between transport systems, the 5G network is offering new application solutions to the development of autonomous cars. This car needs regular data updates for navigation, including detailed road maps, the status of traffic congestion, and real time updates of environmental changes such as rain or black ice. 5G and its related advanced technology resolve such issues. In addition, according to the 5G Automotive Association (5GAA), this technology will offer even higher quality for many digital in-car services in the future. Thus, all these factors will directly propel the growth of HD mapping for the autonomous vehicles market in the near future.


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HD Map for Autonomous Vehicle Market Growth Factors


Increasing Demand for Advanced Driver Assistance Systems (ADAS) and Autonomous Driving Technologies to Fuel Market Expansion


According to the National Highway Traffic Safety Administration (NHTSA), as of 2024, road traffic crashes remain a leading cause of death globally, with approximately 1.35 million fatalities reported annually. In response to this alarming statistic, there is growing momentum among governments, regulatory bodies, and automotive manufacturers to deploy innovative technologies that can mitigate the risks associated with human error on the roads. HD maps play a pivotal role in improving the safety and reliability of autonomous vehicles by providing detailed and up-to-date information about the surrounding environment. These maps include precise data on road geometry, lane markings, traffic signs, and other infrastructure elements, enabling autonomous vehicles to navigate complex urban environments and unpredictable driving conditions with greater accuracy and confidence.


By leveraging HD maps, autonomous vehicles can anticipate potential hazards, make informed decisions, and react swiftly to dynamic situations on the road, thereby reducing the likelihood of accidents and collisions. Their adoption is driven by the increasing investment in autonomous driving technology by automotive manufacturers and technology companies. As of 2024, major players in the automotive industry, including Tesla, Waymo, and General Motors, are aggressively pursuing the development and commercialization of autonomous vehicles equipped with advanced sensor systems and artificial intelligence algorithms. HD maps serve as a foundational component of these autonomous driving systems, enabling seamless integration with onboard sensors such as LiDAR, radar, and cameras to achieve high levels of precision and reliability in navigation.


Many OEMs also collaborated with technology companies to race ahead of each other. For instance, German companies Audi, BMW, and Daimler share their sensor data through cloud-based services provided by HERE Technologies. Additionally, GM and VW have opted to lean more toward third-party services of Mobileye to have their maps off the ground. All such growing strategies and the rising trials, development, and adoption of autonomous vehicles in developed countries are propelling the HD map for autonomous vehicle market share.


The demand for HD maps for autonomous vehicles is propelled by the urgent need to improve road safety and address the persistent challenges of traffic accidents and fatalities on a global scale. With advancements in technology and increasing investment in autonomous driving solutions, HD maps are poised to play a central role in shaping the future of mobility and transportation worldwide.


RESTRAINING FACTORS


High Cost Associated With Technology Building, Data Processing, Use Of Components May Restrain Growth


The HD map building is a complex task that includes various aspects such as sourcing data, collating data to make a map, integration of advanced tool/technology platforms such as AI, Machine Learning, and others. These aspects  enable live road data & ongoing maintenance. The overall cost incurred for manual verification & the requirement of fresh maps sourcing leads to higher production costs. The high cost of building vehicles also significantly impacts project costs. Moreover, it isn't easy to produce error-free maps due to the high complexity of roads and environmental conditions. In addition, generating automation maps with manual verification based on local expertise has become a tedious task. Also, most new entrants make commercial maps of satellite imaginary & vehicle sensor datasets, which is insufficient for building highly precise HD maps. In addition, these maps rely on compiling information from the component used, such as cameras, sensors, GPS devices, high communication networks, Lidar, and many others. The use of such higher-cost components leads to ensuring the high system cost. Thus, high cost and lack of existing standardization are hampering the growth of the market.


HD Map for Autonomous Vehicle Market Segmentation Analysis


By Vehicle Type Analysis


Development In Passenger Vehicle Segment to Dominate Market Share


Based on vehicle type, the market is segmented into passenger vehicles and commercial vehicles. The passenger vehicle segment holds the major share in the global market. Numerous developments have been carried out in the passenger car HD maps market. The companies operating in HD map for autonomous vehicles specialize in self-driving cars. Their main focus is to target passenger car mobility rather than commercial vehicles. Moreover, the companies of autonomous vehicles and technology providers are also actively expanding their business & strategies in particular passenger vehicle market segments; thus, this market segment will be a significant growth opportunity in the coming future.


Due to the complex structure and required data processing output, commercial vehicles currently contribute much less than passenger vehicles in HD map for the autonomous vehicle market. The technology is there for some self-driving trucks, but it takes a long haul to gain regulatory approvals, mainstream adoption, and profitability. Companies are operating in HD maps for self-driving trucks, including Embark and Plus, are working on Level 4 autonomous technology for Class 8 semi-trucks. Embark uses perception data fed into the company’s Vision-Map Fusion (VMF) system, created on an HD map using a digital camera, sensor & another component. Further, VMF enables the Embark Driver software to respond to new situations where the HD map may be outdated, such as in a construction zone with lane closures. In addition, the company has claimed that its system has driven more than one million real-world miles. Thus, ongoing developments in automation and the introduction of self-driving trucks & vans are expected to supplement the growth of commercial vehicle segment growth of this market.


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By Solution Analysis


Cloud-Based Segment to Hold Largest Share Fueled by Ability to Provide Better Performance & Real-time Upgradation


Based on solution, the market is segmented into cloud-based and embedded. The cloud-based segment accounts for the major share in the global market. The cloud-based HP map technology saves time and provides precise output with fewer efforts and space. Moreover, major key players in the industry, including Navinfo, HERE, TomTom, NVIDIA, and many others prefer cloud-based solutions and consider the latest development and real-time services with less time capability. This solution is expected to lead in the future.


Embedded solutions for high precision maps are less contributor to the global market. Embedded design solution allows designers to control everything from colors, fonts to 3D features and camera angles and also embed proprietary data such as charging stations, dealerships, and parking spots. However, very few companies use this solution for HD maps; thus, it contributes less than the cloud-based solution.


By Level Of Automation Analysis


Semi-Autonomous Segment to Grow Rapidly by Innovation & Development from Operating Players


Based on the level of automation, the market is segmented into semi-autonomous and fully autonomous. Currently, the semi-autonomous segment holds the largest share in the global market. The current trend is moving toward automation with semi-autonomous cars as there is no supportive technology available for fully autonomous vehicles except a few countries. HERE Technologies and TomTom make maps for semi-autonomous level 2-3 vehicles that focus on new mobility experiences such as adaptive cruise control and lane-keep assistance features. In addition, major development and current on-road semi-autonomous vehicles presence in countries is propelling HD maps' growth for semi-autonomous vehicles.


The HD map for the fully autonomous vehicle market is in the introduction phase, and companies are strongly coming forward to gain momentum in this level 5 autonomy technologies. Infrastructural development, government support, and companies estimated launches in the coming few years are expected to lead to fully autonomous vehicles and their HD map in the forecast period.


REGIONAL INSIGHTS


North America HD Map For Autonomous Vehicle Market Size, 2023 (USD Million)

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The market size in North America stood at USD 480.2 million in 2020. Based on regional analysis, This region holds dominance in the global market and is also expected to show exponential growth in the coming years. The region has witnessed a shift in concern from crash mitigation, adoption of ADAS features, and others in the small vehicle type segment. The growing demand for such technology-equipped vehicles has forced many autonomous vehicle manufacturers to incorporate advanced mapping features to ease consumer perception and safety concerns. The fatalities caused by rod accidents have been a major area of concern for government and regulatory bodies in this region. The federal regulations for advanced mapping features are growing and could lead to high adoption in the coming years.


The constant development and adoption of new technology is a growth factor for the European region. Technical development in the sector for efficient enforcement of safety features and better driving quality has led to the growth of the HD map for autonomous vehicle market in this region. Rising disposable incomes, supportive government policies, and increased use of electronic components for advanced features and improving safety & driving experience in future vehicles are propelling the growth of the HD map-based autonomous vehicle market in the forecast period.


The presence of giant companies in the Asian HD map for the autonomous vehicle market and the rising autonomous sharing mobility business in the region are expected to lead the HD map maker. Moreover, continuous adoption of trending technologies and a faster pace toward automation leads to the market's growth and provides different opportunities for development in this region. The key player operating in the HD map market has focused on expanding their business portfolio in Asian countries due to strong economic conditions and continuous rising disposable income. Therefore, the Asia region is expected to dominate in the forecast period.


Economic development and developing industrial scenarios in the rest of world countries are positive growth factors for this market for autonomous vehicles. Furthermore, steady growth towards implementation of automation, the region’s move towards foreign investment, and customers' lifestyle changes. There is a rise in the development and implementation of automation, thereby boosting the market growth in the forecast period.


List of Key Companies in HD Map for Autonomous Vehicle Market


Acquisition From Leading Players Operating In The Business to Brightens its Market Prospects


Key players in the HD map for the autonomous vehicle market include TomTom, NVIDIA, HERE, Woven Planet Holding, and many others. The startup companies and leading companies are majorly focusing on expanding their production capabilities through acquisition strategy.


For instance, in July 2021, Toyota’s Woven Planet Holding, which focuses on advanced transportation technology, acquired HD mapping startup company “Carmera.” The company has followed a series of acquisitions as it has also acquired a Lyft unit of autonomous vehicles (Level 5) for USD 550 million.


Similarly, to grow in autonomous vehicle technology, the leading chipmaker company “NVIDIA” acquired the high definition HD mapping startup DeepMap. This acquisition will boost NVIDIA’s autonomous vehicle technology sector.


LIST OF KEY COMPANIES PROFILED:



  • TomTom (Amsterdam, Netherlands)

  • HERE Technologies (Eindhoven, Netherlands)

  • Waymo (California, U.S.)

  • Civil Maps (San Francisco, U.S.)

  • Mapbox (California, U.S.)

  • Woven Planet Holding (Tokyo, Japan)

  • NVIDIA (California, U.S.)

  • Navinfo (Beijing, China)

  • The Sanborn Map Company Inc. (Colorado, U.S.)

  • Esri (California, U.S.)

  • Dynamic Map Platform  (Tokyo, Japan)


KEY INDUSTRY DEVELOPMENTS:



  • January 2024: TomTom, the location technology specialist, and Mitsubishi Electric integrated to develop new solutions and drive innovation in automated driving. TomTom’s High Definition Map, combined with Mitsubishi Electric’s High-Definition Locator, will provide automakers with a high-precision, integrated solution for next-generation vehicles. With this collaboration, the companies are developing hardware solutions that provide the highly accurate navigation data required for automated driving.

  • January 2024: HERE Technologies, the leading location data and technology platform, collaborated with Bosch and Daimler Truck AG on an advanced driver assistance system (ADAS) technology for commercial vehicles that automatically determines the most efficient driving style, helping to reduce driver stress, energy consumption, and CO2 emissions.

  • December 2023: BMW announced integrating HERE Technologies’ high-definition mapping service into its  7 Series with its Personal Pilot Level 3 automated driving functions. The HD maps are used in advanced driver assistance systems (ADAS) and automated vehicle functions. Personal Pilot allows drivers to take their hands off the wheel as well as their eyes off the road under certain road conditions.

  • April 2023: Friedrichshafen. ZF joined the Navigation Data Standard (NDS) Association. This association will be standardizing global standards for digital maps in SD and HD resolution formats. ZF will use the standard both for its development work in the field of advanced assistance and autonomous driving functions and for expanding its product portfolio on the way to the software-defined vehicle.

  • January 2023: Polestar and Volvo announced being the first automakers to benefit from Google’s new high-definition mapping technology. With the HD map, Polestar and Volvo will be able to combine their sensor technology and Google’s data to facilitate and enhance their driver-assistance tech.


REPORT COVERAGE


The market research report provides a detailed market analysis. It focuses on key aspects such as leading companies, product types, and leading applications of the product. Besides this, it offers insights into the market trends and highlights key industry developments. In addition to the factors above, the report encompasses several factors that have contributed to the market's growth over recent years.


An Infographic Representation of HD Map for Autonomous Vehicles Market

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Report Scope & Segmentation



















































ATTRIBUTE



DETAILS



Study Period



2019-2032



Base Year



2023



Estimated Year



2024



Forecast Period



2024-2032



Historical Period



2019-2022



Growth Rate



CAGR of 30.3% from 2024 to 2032



Unit



Value (USD Million)



Segmentations



By Vehicle Type



  • Passenger Vehicle

  • Commercial Vehicle



By Solution



  • Cloud-Based

  • Embedded



By Level Of Automation



  • Semi-Autonomous

  • Fully Autonomous



By Geography



  • North America (By Solution, Vehicle Type and By Level Of Automation)

    • U.S. (By Vehicle Type)

    • Canada (By Vehicle Type)

    • Mexico (By Vehicle Type)



  • Europe (By Solution, Vehicle Type and By Level Of Automation )

    • U.K. (By Vehicle Type)

    • Germany (By Vehicle Type)

    • France (By Vehicle Type)

    • Rest Of Europe (By Vehicle Type)



  • Asia Pacific (By Solution, Vehicle Type and By Level Of Automation )

    • China (By Vehicle Type)

    • Japan (By Vehicle Type)

    • India (By Vehicle Type)

    • South Korea (By Vehicle Type)

    • Rest Of APAC (By Vehicle Type)



  • Rest of the World   (By Solution, Vehicle Type and By Level Of Automation )






Frequently Asked Questions

Fortune Business Insights says that the global market size was USD 1,939.2 million in 2023 and is projected to grow to USD 20,065.6 million by 2032.

In 2023, the North America market value stood at USD 765.6 million.

The market is projected to grow at a CAGR of 30.3% over the forecast period (2024-2032).

The semi-autonomous segment is the leading segment in the market.

The key factors driving the global market are the increasing demand for vehicle rental services, increasing traffic congestion, and the use of advanced technologies in vehicles.

HERE Technologies, TomTom, NVIDIA, and Waymo are the major players in the global market.

North America dominated the market in terms of share in 2023.

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