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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The need for scalable high precision technology is increasing quickly, as seen by next generations ADAS and V2X technologies in the automotive world, and also in automation with technologies like as UAVs and autonomous farm equipment.
However, because of the intricacy, size, power, and expense of another operation that necessitates a particularly high level of outside location precision is indeed the management of sustainable mobility.
Automobiles, boats, agricultural machinery, construction machinery, and drones having makes it straightforward for individuals and objects to move about, resulting in significant development in society through labour improvements in productivity efficiency.
Global Automotive High Definition Locator Market is expected to gain market growth in the forecast period of 2024 to 2030. It is analyzed that the market is growing with a CAGR of XX.X% in the forecast period of 2020 to 2027 and is expected to reach USD XXXX million by 2027.
S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
1 | Luokung announces approval of eMapGoâs HD Map standards | It also lays the groundwork for future intelligent and connected cars, as well as mapping and positioning-related standard technologies for a seamless and intelligent ecosystem. | Global | This would enhance better Technological Controls |
2 | Mitsubishi Electric Reveals Futuristic Tech for Upcoming Vehicles | Future automobiles may include autonomous characteristics, such as AI that may detect lane blockage or heavy traffic and give lane-level advice around the barrier. Using Mitsubishi Electric's High-Definition Locator, it's known as HD driving mode. | Global | This would enhance better Technological Controls |
3 | HERE Technologies betting big on Location as a service | HERE HD GNSS (High-Definition Global Navigation Satellite System) is a cloud-based technology that allows mass market devices to attain sub-meter accuracy all over the world. | Global | This would enhance better Technological Controls |
4 | Hyundai MNSOFT partners with HERE Technologies for location services | Hyundai MNSOFT is a subsidiary of a South Korean vehicle specialty that specialises in mapping innovation and is willing to take responsibility for the Hyundai but instead Kia Motors infotainment systems. HERE Innovations is a map - based and placement console services provider, while Hyundai MNSOFT is a corporation of the South Korean vehicle major that specialises in mapping innovation and is responsible for the Hyundai and Kia Motors navigation systems. | Global | This would enhance better Technological Controls |
5 | TRI-AD enables successful creation of HD maps for automated driving on surface roads | For this PoC, TRI-AD teamed with HERE Technologies ("HERE"), the world's top location data and technology platform. | Global | This would enhance better Technological Controls |
In light of the growing trend toward self-driving cars and increased customer demand for high-definition maps.
As a consequence, increased maps aid drivers and unmanned cars in visualising pathways and making critical decisions, resulting in increased traffic safety, which has prompted the development of high-definition maps for autonomous cars.
Nonetheless, the most major challenges faced by market providers are security and ethical considerations related with high-definition maps, as well as the high level of investment, and a lack of standardisation in HD maps is restricting the industry's progress.
HERE is a leading mobiliser of the High-definition oriented Mapping locator in the market. By Compliance with safety responsibilities are significant problems to overcome as driving is becoming more and more autonomous.
The HERE HD Live Map gives autonomous drivers additional intelligence to help them operate safely and more dependable within its designated operational design domain. It makes driving judgments based on correct facts.
With our data, which is examined in real-time from different sources, you may get new maps whenever you need them.
Waymo Inc. is part of the component manufacture trending companies in the current industry. These all-electric Jaguar I-Paces look slightly different owing to their newest hardware sensor package, so Waymo Driver has indeed been motoring about the San Francisco Bay Area.
Developed to face an even more broad variety of complicated driving scenarios with unrivalled capability, their newly revamped fifth-generation equipment sensing suite is based on 20 million self-driven kilometres on open streets for a considerable kilometres of simulations.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |