DUBLIN--(BUSINESS WIRE)--The "Global Autonomous Vehicle Market: Focus on Level of Autonomy for Passenger Cars and Commercial Vehicles, Analysis and Forecast: (2018-2028)" report has been added to ResearchAndMarkets.com's offering.
The global autonomous vehicle market was valued at 6.6 million units in 2017 and is expected to reach 67.5 million units by 2028, registering a CAGR of 20.78% between 2018 and 2028.
North America dominated the global autonomous vehicle market in 2018, whereas Rest-of-the-World is expected to have the highest growth rate during the forecast period 2018-2023.
The global automotive industry is going through a period of wide-ranging and transformative changes with the shift in consumer behavior as well as increasing implementation of stringent environmental regulations. Factors such as rising safety and security concerns, increasing demand for a reliable transportation system, and the advent of revolutionary trends, such as the transition from car ownership to Mobility as a Service (MaaS), are expected to increase the demand for autonomous vehicles. Autonomous vehicles are the key to changing urban transportation beyond recognition in the next few years.
There are both traditional OEMs and new vehicle developers who are working in this ecosystem to improve and introduce fully-autonomous vehicles on the road. These vehicles will have advanced features from traditional vehicles and improve the driving experience for passengers. The Society of Automotive Engineers International (SAE) has defined six levels of automation to classify a system's sophistication, ranking from 0 to 5.
The global autonomous vehicle market has witnessed several strategic and technological developments in the past few years, undertaken by the different market players to attain their respective market shares in this emerging domain. Some of the strategies covered in this section are product launches and developments, business expansions, and partnerships/collaborations/joint venture. The preferred strategy for the companies has been product launches & developments in order to strengthen their position in the global autonomous vehicle market.
The key market players in the global autonomous vehicle market are Audi AG, BMW Group, Daimler AG, FCA Italy S.p.A., Ford Motor Company, General Motor Company, Nissan Motor Corporation, Tesla Inc., Toyota Motor Corporation, Volkswagen AG, Volvo Group, Waymo LLC, and Zoox Inc.
What is ADAS and autonomous driving?
- How big is the global autonomous vehicle market in terms of volume and what is the CAGR (2018-2028)?
- What is the volume of different types of autonomous vehicle, such as level 1, level 2, level 3, level 4, and level 5?
- What is the volume of different types of autonomous vehicles, such as passenger cars, and commercial vehicles (heavy trucks and heavy buses)?
- What is the market size of different regions such as North America, Europe, Asia-Pacific, and Rest-of-the-World (RoW)?
- Which are the key companies operating in the global autonomous vehicle market?
- Which major factors are expected to impact the global autonomous vehicle market?
- What are the key market strategies adopted by the autonomous vehicle market players?
Key Topics Covered:
1 Market Overview
1.1 Autonomous Vehicle
1.1.2 Level of Autonomy
1.2 Advance Driver Assistance System (ADAS)
1.2.2 ADAS Features
1.3 Regulatory Landscape
1.3.1 Current Laws and Regulatory Bodies Related to Autonomous Vehicles by Country
1.3.2 Current Laws and Regulatory Bodies Related to Testing or Experimentation of Autonomous Vehicles, by Country
1.3.3 Regulatory Agencies for Driverless Vehicle
1.4 Government Initiatives
1.5 Autonomous Vehicle: The Start-Up Story
1.5.1 Key Upcoming Start-Ups
1.6 Consortiums and Associations
1.7 Investment by Major OEMs and Tier 1 Component Providers
2 Market Dynamics
2.1.1 Increasing Push from Government as Well as Consumers to Ensure Road Safety, Which Boost the Demand for Reliable Transportation System
2.1.2 Increasing Push from the Government to Develop Connected and Autonomous Infrastructure
2.1.3 Increased Government Focus on Streamlined Traffic Infrastructure
2.1.4 Impact of Market Drivers
2.2.1 Safety and Reliability Issues with Autonomous Vehicles
2.2.2 Non-Availability of Required Infrastructure and Undefined Legal Responsibility and in Developing Countries
2.2.3 Rise in Cyber Threat due to Increase of Data
2.2.4 Impact of Market Challenges
2.3.1 Increasing Focus on Vehicle Platooning
2.3.2 Transition from Car ownership to Mobility-as-a-Service (MaaS)
2.3.3 Revenue Generation Opportunity for Different Layers of Automotive Ecosystem
2.3.4 Wide Ranging Opportunities for Luxury Cars (Level 1 and Level 2) in Emerging Economies
3 Competitive Insights
3.1.1 Product Launches and Developments
3.1.2 Business Expansion
3.1.3 Partnerships/Collaborations/Joint Ventures
3.2 Automotive OEM Preparedness Index for Future of Autonomy
3.3 Value Chain Analysis
3.4 Patent Analysis
3.4.2 Key Patent: ADAS and Autonomous Driving Component
3.4.3 Patent Landscape
4 Assumptions and Limitations
4.1 Assumptions and Limitations for Market Size Calculations
5 Global Autonomous Vehicle Market by Level of Autonomy
5.1 Level 1
5.2 Level 2
5.2.1 Traffic Jam Assist
5.2.2 Park Assist
5.3 Level 3
5.3.1 Highway Chauffeur
5.3.2 Traffic Jam Pilot
5.4 Level 4
5.4.1 Valet Parking/Parking Garage Pilot
5.4.2 Highway Pilot
5.5 Level 5
6 Global Autonomous Vehicle Market by Vehicle Type
6.1 Passenger Vehicle
6.2 Commercial Vehicles
220.127.116.11 Heavy Trucks
18.104.22.168 Heavy Buses
6.2.3 Autonomous Commercial Vehicles Market, Market by Region
7 Global Autonomous Vehicle Market by Region
8 Company Profiles
- AUDI AG
- BMW Group
- Daimler AG
- FCA Italy S.p.A.
- Ford Motor Company
- General Motors
- MAN SE
- Nissan Motor Co., Ltd
- Tesla, Inc.
- Toyota Motor Corporation
- Volkswagen AG
- Volvo Group
- Waymo LLC
- Zoox Inc.
For more information about this report visit https://www.researchandmarkets.com/research/t2x78q/global_autonomous?w=4
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Related Topics: Commercial Vehicles