Global and China HD Map Industry Report, 2019-2020 - Market Burgeoning with the Roll-out of L3 Autonomous Vehicles - ResearchAndMarkets.com
JD.com, Inc. - American Depositary Shares (JD)
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)--The "Global and China HD Map Industry Report, 2019-2020" report has been added to ResearchAndMarkets.com's offering.HD map industry study: the HD map market is burgeoning with the roll-out of L3 autonomous vehicles. The automakers (except Volvo, Ford, and NIO that claimed a leap over L3) have set foot in L3 autonomous vehicle successively, and most of them are scheduled to launch L3 models in 2020.As HD map is indispensable to an L3 self-driving car, the HD map market ushers in a period of rapid growth.With the advances in HD maps, the map providers are turning to the data services and getting data update service charges annually. HD map has a unit price at least five times higher than the traditional navigation map (about 200 yuan/vehicle) and subsequent service fee stands at 100 yuan/year or so. In 2019, AutoNavi (amap.com) introduced the standard HD map fee below 100 yuan/year per vehicle, facilitating the prevalence of HD map.As expected, the Chinese H
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