October 29, 2020

Automotive HD Maps Market Will Showcase Negative Impact During 2020-2024 | Adoption of Cloud-based HD Maps to Boost the Market

  Automotive HD Maps Market Will Showcase Negative Impact During 2020-2024 |
  Adoption of Cloud-based HD Maps to Boost the Market Growth | Technavio

Business Wire

LONDON -- October 7, 2020

Technavio has been monitoring the global automotive HD maps market and it is
poised to grow by USD 815.93 mn during 2020-2024, progressing at a CAGR of
almost 17% during the forecast period. The report offers an up-to-date
analysis regarding the current market scenario, latest trends and drivers, and
the overall market environment.

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Technavio has announced its latest market research report titled Global
Automotive HD Maps Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global
Automotive HD Maps Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various
industries, the immediate impact of the outbreak is varied. While a few
industries will register a drop in demand, numerous others will continue to
remain unscathed and show promising growth opportunities. Technavio’s in-depth
research has all your needs covered as our research reports include all
foreseeable market scenarios, including pre- & post-COVID-19 analysis. We
offer $1000 worth of FREE customization

The market is moderately fragmented, and the degree of fragmentation will
accelerate during the forecast period. Alphabet Inc., CARMERA Inc., Civil
Maps, DeepMap Inc., HERE Global BV, Intel Corp., NavInfo Co. Ltd., NVIDIA
Corp., The Sanborn Map Co. Inc., and TomTom International BV are some of the
major market participants. To make the most of the opportunities, market
vendors should focus more on the growth prospects in the fast-growing
segments, while maintaining their positions in the slow-growing segments.

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Adoption of cloud-based HD maps has been instrumental in driving the growth of
the market.

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COVID-19 at an industry level, a regional level, and subsequent supply chain
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Automotive HD maps market 2020-2024: Segmentation

Automotive HD maps market is segmented as below:

  * Application

       * Passenger Cars
       * Commercial Vehicles

  * Geographic Landscape

       * APAC
       * Europe
       * MEA
       * North America
       * South America

Automotive HD maps market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. The automotive HD maps
market report covers the following areas:

  * Automotive HD maps market Size
  * Automotive HD maps market Trends
  * Automotive HD maps market Industry Analysis
  * Automotive HD maps market Outlook

This study identifies adoption of satellite imaging technology to generate HD
maps as one of the prime reasons driving the global automotive HD maps market
growth during the next few years.

    Technavio suggests three forecast scenarios (optimistic, probable, and
pessimistic) considering the impact of COVID-19. Technavio’s in-depth research
      has direct and indirect COVID-19 impacted market research reports.

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Automotive HD maps market 2020-2024: Key Highlights

  * CAGR of the market during the forecast period 2020-2024
  * Detailed information on factors that will assist automotive HD maps market
    growth during the next five years
  * Estimation of the automotive HD maps market size and its contribution to
    the parent market
  * Predictions on upcoming trends and changes in consumer behavior
  * The growth of the automotive HD maps market
  * Analysis of the market’s competitive landscape and detailed information on
    vendors
  * Comprehensive details of factors that will challenge the growth of
    automotive HD maps market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  * Preface
  * Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  * Market ecosystem
  * Market characteristics
  * Market segmentation analysis
  * Value chain analysis

PART 04: MARKET SIZING

  * Market definition
  * Market sizing 2019
  * Market outlook
  * Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  * Bargaining power of buyers
  * Bargaining power of suppliers
  * Threat of new entrants
  * Threat of substitutes
  * Threat of rivalry
  * Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  * Market segmentation by application
  * Comparison by application
  * Passenger cars - Market size and forecast 2019-2024
  * Commercial vehicles - Market size and forecast 2019-2024
  * Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  * Geographic segmentation
  * Geographic comparison
  * North America - Market size and forecast 2019-2024
  * Europe - Market size and forecast 2019-2024
  * APAC - Market size and forecast 2019-2024
  * MEA - Market size and forecast 2019-2024
  * South America - Market size and forecast 2019-2024
  * Key leading countries
  * Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  * Market drivers
  * Market challenges

PART 11: MARKET TRENDS

  * Adoption of satellite imaging technology to generate HD maps
  * Integration of HD map content in ADAS
  * Adoption of V2X technology to enhance performance of HD maps

PART 12: VENDOR LANDSCAPE

  * Overview
  * Landscape disruption
  * Competitive scenario

PART 13: VENDOR ANALYSIS

  * Vendors covered
  * Vendor classification
  * Market positioning of vendors
  * Alphabet Inc.
  * CARMERA Inc.
  * Civil Maps
  * DeepMap Inc.
  * HERE Global BV
  * Intel Corp.
  * NavInfo Co. Ltd.
  * NVIDIA Corp.
  * The Sanborn Map Co. Inc.
  * TomTom International BV

PART 14: APPENDIX

  * Research methodology
  * List of abbreviations
  * Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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View source version on businesswire.com:
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