PUBLISHER: QYResearch | PRODUCT CODE: 1872089
PUBLISHER: QYResearch | PRODUCT CODE: 1872089
The global market for HD Maps was estimated to be worth US$ 1873 million in 2024 and is forecast to a readjusted size of US$ 37728 million by 2031 with a CAGR of 50.6% during the forecast period 2025-2031.
High-definition maps (HD maps) are geographic information data based on centimeter-level accuracy (both absolute and relative accuracy ≤ 1 meter), constructed using multi-sensor fusion technology (lidar, cameras, GNSS/INS, etc.), and comprising a multi-level map system that includes road geometry, semantics, and dynamic information.
Driving Factors
Autonomous driving technology iteration: Level 3 and above autonomous driving relies on high-definition maps, with the global penetration rate of L2+ and above models reaching 35% in 2024, driving a surge in map demand. For example, Baidu Apollo's high-definition maps cover 300,000 kilometers of expressways and 50 cities in China, supporting mass-produced models with city navigation functions.
Policy and Infrastructure Driven: China's "Real-Scene 3D China" initiative has invested over 100 billion yuan to advance smart city and intelligent transportation development; the EU's General Safety Regulation mandates that new vehicles must be equipped with ADAS maps starting in 2024.
Declining Technology Costs: The price of lidar has dropped from $8,000 in 2018 to $500 by 2024, reducing map data collection costs by 70%.
Application Scenarios
Smart Vehicles: Primary driver of autonomous driving (74.7% share), such as Tesla Autopilot enabling automatic lane changes via dynamic maps; in-vehicle navigation (15.3% share), with TomTom maps pre-installed in vehicles from manufacturers like Volkswagen and BMW.
Logistics and Transportation: Optimizing delivery routes (e.g., JD Logistics reduced transportation costs by 12% using maps), supporting Robotaxi scheduling (e.g., Waymo maps cover 10 cities in the US).
Smart Cities: Shenzhen uses high-definition maps to optimize traffic signals in real-time, improving peak-hour traffic efficiency by 20%; the Lingang New Area in Shanghai has built a digital twin city based on maps.
This report aims to provide a comprehensive presentation of the global market for HD Maps, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of HD Maps by region & country, by Type, and by Application.
The HD Maps market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HD Maps.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of HD Maps company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of HD Maps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of HD Maps in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.