DUBLIN--(BUSINESS WIRE)--The "Global Semi- Autonomous Vehicle Market Size, Trends and Growth Opportunity, By Component, By ADAS Features, By Automation Level, By Propulsion, By Application, By Region and Forecast to 2027." report has been added to ResearchAndMarkets.com's offering.

Global Semi- Autonomous Vehicle Market Size, Trends and Growth Opportunity, By Component (Camera, LiDAR, Radar, Ultrasonic Sensor, Others), By ADAS Features (Lane Assist, Crash Warning System, Adaptive Cruise Control, Smart Park Assist, Cross Traffic Alert, Automatic Emergency Braking, Others), By Automation Level (Level 1, Level 2, Level 3), By Propulsion (ICE, Electric), By Application (Transportation, Logistics Military and Defence), By Region and Forecast Till 2027.

Global Semi- Autonomous Vehicle Market

The Global Semi- Autonomous Vehicle Market was valued at US$2.1 billion in 2021 and it is expected to reach at US$10.95 billion in 2027 at a CAGR of 20.51% during forecast period 2022-2027.

A semi-autonomous vehicle can stop, accelerate, and decelerate without human assistance. Although they may be able to park themselves without assistance and maintain lane discipline, semiautonomous cars are not self-driving. Drivers in this vehicle are typically required to keep their hands on the steering wheel at all times.

Market Drivers

Consumers' demand for semi-autonomous car technologies has increased as their security and safety concerns have grown. The semi-autonomous vehicles have a variety of features, including increased engine productivity, reduced vehicle accidents, and enhanced fuel efficiency. These potential advantages are thought to boost interest in semi-autonomous vehicles and fuel the market's expansion.

Market Restraints

The main factors that are anticipated to impede the growth of the semi-autonomous market are the consumers' lack of information technology and technical understanding of the advanced features. Due to advanced technology and the lack of communication infrastructure in poorer nations, the market may be constrained by the high cost of semi-autonomous vehicles.

Market Taxonomy

By Component

  • Camera
  • LiDAR
  • Radar
  • Ultrasonic Sensor
  • Others

By ADAS Features

  • Lane Assist
  • Crash Warning System
  • Adaptive Cruise Control
  • Smart Park Assist
  • Cross Traffic Alert
  • Automatic Emergency Braking
  • Others

By Automation Level

  • level 1
  • level 2
  • level 3

By Propulsion

  • ICE
  • Electric

By Application

  • Transportation
  • Logistics Military
  • Defence

Key Question Addressed by the Report

  • What are the Key Opportunities in Global Semi- Autonomous Vehicle Market?
  • What will be the growth rate from 2022 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the role of key players in the value chain?
  • What is the competitive Landscape in the industry?

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Global Semi- Autonomous Vehicle Market Outlook

5 Global Semi- Autonomous Vehicle Market, By Component

6 Global Semi- Autonomous Vehicle Market, By ADAS Features

7 Global Semi- Autonomous Vehicle Market, By Automation Level

8 Global Semi- Autonomous Vehicle Market, By Propulsion

9 Global Semi- Autonomous Vehicle Market, By Application

10 Global Semi- Autonomous Vehicle Market, By Region

11 North America Semi- Autonomous Vehicle Analysis and Forecast (2022-2027)

12 Europe Semi- Autonomous Vehicle Market Analysis and Forecast (2022-2027)

13 Asia Pacific Semi- Autonomous Vehicle Market Analysis and Forecast (2022-2027)

14 Latin America Semi- Autonomous Vehicle Market Analysis and Forecast (2022-2027)

15 Middle East Semi- Autonomous Vehicle Market Analysis and Forecast (2022-2027)

16 Competitive Analysis

17 Company Profiles

Companies Mentioned

  • Mercedes-Benz Group AG (Germany)
  • Continental AG (Germany)
  • Valeo (France)
  • Z.F. Friedrichshafen AG (Germany)
  • Tesla (U.S.)
  • Magna International Inc.
  • (Canada)
  • Waymo LLC (U.S.)
  • BMW (Germany)
  • Texas Instruments Incorporated. (U.S.)
  • General Motors (U.S.).

For more information about this report visit https://www.researchandmarkets.com/r/e812oa

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900