+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Autonomous Vehicle Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2019 To 2027

  • ID: 4871866
  • Report
  • October 2019
  • Region: Global
  • Acute Market Reports
1 of 3

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • Aptiv PLC
  • BMW AG
  • Daimler AG,
  • Ford Motor Company
  • General Motors Company
  • Lyft, Inc.,
  • MORE
The global autonomous vehicle market is expected to expand at a CAGR of 35.6% during the forecast period from 2019 to 2027.

Market Insights

An Autonomous vehicle, sometimes also referred to as a self-driving vehicle (SDV) uses technologies such as Artificial Intelligence (AI), LiDAR and Radar sensing for creating a 3D map in order to sense the environment and travel from one destination to another without human interference. Since it eliminates the need for a driver, it reduces operating costs for car rental service providers such as Uber, and Lyft among others. In addition, an autonomous vehicle helps customers to lower mobility costs by offering greater flexibility in terms of transportation to the desired location, thereby providing a market for transport as a service (TaaS) and gradually lowering individual vehicle ownership rates. On the flip side, it raises concerns about unemployment as humans will be replaced by robots.

Autonomous vehicles such as Robo-taxis operate on Autonomous Mobility on Demand (AMoD) service, touted to be one of the most rapidly adopted applications of autonomous vehicles, especially in developed economies such as the U.S., the UK among others. The automotive industry is going to see huge transformation due to growing R&D in autonomous vehicles, strict government regulations & inclination of automotive manufacturers towards the technology. Rising emissions have created a huge demand for fuel-efficient and emission-free vehicles. Robotic assistance is expected to be the solution for the emission-free and fuel-efficient environment.

However, as mentioned earlier, unemployment will become a major issue as soon as this technology becomes fully commercial since humans will be replaced by robots. Cybersecurity threats will be higher as terrorists and hackers can exploit it by hacking into multiple models at the same time. Furthermore, huge capital investment and the consequent need to increase R&D expenses may pose a challenge to new entrants in the market.

Autonomous vehicles are segmented by level of autonomy into two categories, namely semi-autonomous and fully autonomous. Autonomous vehicles with semi-autonomous technology represent those vehicles in which computer can handle two or more tasks simultaneously, while fully autonomous technologies are those which allow drivers to safely turn their attention away while driving. Fully autonomous is further categorized into two types namely: L4 autonomy and L5 autonomy. In L5 autonomous vehicles, the vehicle doesn’t require human interference as it is fully automated. Currently, the L4 vehicles are being monitored by human backup drivers and are geo-fenced whereas L5 vehicles are still being envisioned.

Europe represents the largest autonomous vehicle market followed by North America. Europe is anticipated to witness strong growth as countries such as Germany, France, and the U.K., etc. are aggressively focusing on developing related infrastructure to test and deploy autonomous vehicles on a large scale. Developing economies such as China, India, Japan, and South Korea among others are also not lagging behind and are slated to become attractive markets in the years to come. The combination of factors including developing transport infrastructure, rapid urbanization and increased focus on environment & vehicle safety in countries such as China, Japan, and India is contributing towards growing demand in the Asia-Pacific region.

Some of the major autonomous vehicle manufacturers operating in the market include Tesla, Inc., Daimler AG, Lyft, Inc., Uber Technologies Inc., Volkswagen AG, Volvo Car Corporation, Waymo LLC, Ford Motor Company, General Motors Company, BMW AG, and Aptiv PLC among others. In addition, a large number of collaboration between technology providers and manufacturers in the market is expected to further strengthen the competitive landscape of the autonomous vehicle market worldwide.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Aptiv PLC
  • BMW AG
  • Daimler AG,
  • Ford Motor Company
  • General Motors Company
  • Lyft, Inc.,
  • MORE
1. Preface
1.1. Report Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Autonomous Vehicle Market Snapshot
2.1.1. Global Autonomous Vehicle Market by Type, 2018
2.1.2. Global Autonomous Vehicle Market by Power, 2018
2.1.3. Global Autonomous Vehicle Market by Vehicle, 2018
2.1.4. Global Autonomous Vehicle Market by Geography, 2018

3. Global Autonomous Vehicle Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Impact Analysis of Drivers and Challenges
3.5. Competitive Landscape
3.5.1. Market Positioning of Leading Autonomous Vehicle Manufacturers, 2018
3.5.2. Strategies Adopted by Leading Manufacturers

4. Global Autonomous Vehicle Market Size (US$ Bn), By Type, 2017 - 2027
4.1. Overview
4.1.1. Autonomous Vehicle Market Analysis by Type, 2017 & 2027
4.2. Semi-autonomous vehicle
4.2.1. L1 Autonomy
4.2.2. L2 Autonomy
4.2.3. L3 Autonomy
4.3. Fully autonomous vehicle
4.3.1. L4 Autonomy
4.3.2. L5 autonomous vehicle

5. Global Autonomous Vehicle Market Size (US$ Bn), By Power, 2017 - 2027
5.1. Overview
5.1.1. Autonomous Vehicle Market Analysis by Power, 2017 & 2027
5.2. Electric cell
5.3. Fuel cell
5.4. Hybrid

6. Global Autonomous Vehicle Market Size (US$ Bn), By Vehicle, 2017 - 2027
6.1. Overview
6.1.1. Autonomous Vehicle Market Analysis by Vehicle, 2017 & 2027
6.2. Car (Robo-taxi)
6.3. Van/Shuttle
6.4. Truck

7. North America Autonomous Vehicle Market Analysis, 2017 - 2027
7.1. Overview
7.2. North America Autonomous Vehicle Market Size (US$ Bn), By Type, 2017 - 2027
7.2.1. Semi-autonomous vehicle
7.2.1.1. L1 Autonomy
7.2.1.2. L2 Autonomy
7.2.1.3. L3 Autonomy
7.2.2. Fully autonomous vehicle
7.2.2.1. L4 Autonomy
7.2.2.2. L5 autonomous vehicle
7.3. North America Autonomous Vehicle Market Size (US$ Bn), By Power, 2017 - 2027
7.3.1. Electric cell
7.3.2. Fuel cell
7.3.3. Hybrid
7.4. North America Autonomous Vehicle Market Size (US$ Bn), By Vehicle, 2017 - 2027
7.4.1. Car (Robo-taxi)
7.4.2. Van/Shuttle
7.4.3. Truck
7.5. North America Autonomous Vehicle Market Size (US$ Bn), By Country, 2017 - 2027
7.5.1. U.S.
7.5.2. Rest of North America

8. Europe Autonomous Vehicle Market Analysis, 2017 - 2027
8.1. Overview
8.2. Europe Autonomous Vehicle Market Size (US$ Bn), By Type, 2017 - 2027
8.2.1. Semi-autonomous vehicle
8.2.1.1. L1 Autonomy
8.2.1.2. L2 Autonomy
8.2.1.3. L3 Autonomy
8.2.2. Fully autonomous vehicle
8.2.2.1. L4 Autonomy
8.2.2.2. L5 autonomous vehicle
8.3. Europe Autonomous Vehicle Market Size (US$ Bn), By Power, 2017 - 2027
8.3.1. Electric cell
8.3.2. Fuel cell
8.3.3. Hybrid
8.4. Europe Autonomous Vehicle Market Size (US$ Bn), By Vehicle, 2017 - 2027
8.4.1. Car (Robo-taxi)
8.4.2. Van/Shuttle
8.4.3. Truck
8.5. Europe Autonomous Vehicle Market Size (US$ Bn), By Region, 2017 - 2027
8.5.1. U.K.
8.5.2. Germany
8.5.3. France
8.5.4. Rest of Europe

9. Asia Pacific Autonomous Vehicle Market Analysis , 2017 - 2027
9.1. Overview
9.2. Asia Pacific Autonomous Vehicle Market Size (US$ Bn), By Type, 2017 - 2027
9.2.1. Semi-autonomous vehicle
9.2.1.1. L1 Autonomy
9.2.1.2. L2 Autonomy
9.2.1.3. L3 Autonomy
9.2.2. Fully autonomous vehicle
9.2.2.1. L4 Autonomy
9.2.2.2. L5 autonomous vehicle
9.3. Asia Pacific Autonomous Vehicle Market Size (US$ Bn), By Power, 2017 - 2027
9.3.1. Electric cell
9.3.2. Fuel cell
9.3.3. Hybrid
9.4. Asia Pacific Autonomous Vehicle Market Size (US$ Bn), By Vehicle, 2017 - 2027
9.4.1. Car (Robo-taxi)
9.4.2. Van/Shuttle
9.4.3. Truck
9.5. Asia Pacific Autonomous Vehicle Market Size (US$ Bn), By Country, 2017 - 2027
9.5.1. China
9.5.2. India
9.5.3. Japan
9.5.4. Rest of Asia Pacific

10. Rest of the World Autonomous Vehicle Market Analysis , 2017 - 2027
10.1.1. Overview
10.2. Rest of the World Autonomous Vehicle Market Size (US$ Bn), By Type, 2017 - 2027
10.2.1. Semi-autonomous vehicle
10.2.1.1. L1 Autonomy
10.2.1.2. L2 Autonomy
10.2.1.3. L3 Autonomy
10.2.2. Fully autonomous vehicle
10.2.2.1. L4 Autonomy
10.2.2.2. L5 autonomous vehicle
10.3. Rest of the World Autonomous Vehicle Market Size (US$ Bn), By Power, 2017 - 2027
10.3.1. Electric cell
10.3.2. Fuel cell
10.3.3. Hybrid
10.4. Rest of the World Autonomous Vehicle Market Size (US$ Bn), By Vehicle, 2017 - 2027
10.4.1. Car (Robo-taxi)
10.4.2. Van/Shuttle
10.4.3. Truck
10.5. Rest of the World Autonomous Vehicle Market Size (US$ Bn), By Country, 2017 - 2027
10.5.1. Latin America
10.5.2. Middle-East & Africa

11. Company Profiles
11.1. Tesla, Inc.
11.2. Daimler AG,
11.3. Lyft, Inc.,
11.4. Uber Technologies Inc.
11.5. Volkswagen AG
11.6. Volvo Car Corporation
11.7. Waymo LLC
11.8. Ford Motor Company
11.9. General Motors Company
11.10. BMW AG
11.11. Aptiv PLC

List of Figures:
Fig. 1 Global Autonomous Vehicle Market: Research Methodology
Fig. 2 Top-Down and Bottom Up Approach
Fig. 3 Global Autonomous Vehicle Market, By Type, 2017 (US$ Bn)
Fig. 4 Global Autonomous Vehicle Market, By Power, 2017 (US$ Bn)
Fig. 5 Global Autonomous Vehicle Market, By Vehicle, 2017 (US$ Bn)
Fig. 6 Global Autonomous Vehicle Market, By Geography, 2017 (US$ Bn)
Fig. 7 Global Autonomous Vehicle Market Value and Growth, 2017 - 2027, (US$ Bn and % Y-o-Y)
Fig. 8 See-Saw Analysis : Global Autonomous Vehicle Market
Fig. 9 Market Positioning of Leading Autonomous Vehicle Manufacturers, 2017
Fig. 10 Global Autonomous Vehicle Market Value Contribution, By Type, 2017 & 2027 (Value %)
Fig. 11 Global Autonomous Vehicle Market Value and Growth for Semi-autonomous vehicle, 2017 - 2027, (US$ Bn)
Fig. 12 Global Autonomous Vehicle Market Value and Growth for Fully autonomous vehicle, 2017 - 2027, (US$ Bn)
Fig. 13 Global Autonomous Vehicle Market Value Contribution, By Power, 2017 & 2027 (US$ Bn)
Fig. 14 Global Autonomous Vehicle Market Value and Growth for Electric Cell, 2017 - 2027, (US$ Bn)
Fig. 15 Global Autonomous Vehicle Market Value and Growth for Fuel Cell, 2017 - 2027, (US$ Bn)
Fig. 16 Global Autonomous Vehicle Market Value and Growth for Hybrid Cell, 2017 - 2027, (US$ Bn)
Fig. 17 Global Autonomous Vehicle Market Value Contribution, By Vehicle, 2017 & 2027 (US$ Bn)
Fig. 18 Global Autonomous Vehicle Market Value and Growth for Car(Robo-taxi), 2017 - 2027, (US$ Bn)
Fig. 19 Global Autonomous Vehicle Market Value and Growth for Van/Shuttle, 2017 - 2027, (US$ Bn)
Fig. 20 Global Autonomous Vehicle Market Value and Growth for Truck, 2017 - 2027, (US$ Bn)
Fig. 21 North America Autonomous Vehicle Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)
Fig. 22 Europe Autonomous Vehicle Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)
Fig. 23 Asia Pacific Autonomous Vehicle Market Value and Growth, 2017 - 2027, (US$ Bn) (Y-o-Y %)
Fig. 24 RoW Autonomous Vehicle Market Value and Growth, 2017– 2027, (US$ Bn) (Y-o-Y %)

List of Tables:
Table 1 Market Snapshot: Global Autonomous Vehicle Market
Table 2 Impact Indicators
Table 3 Impact Analysis of Drivers and Restraints
Table 4 North America Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 5 North America Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 6 North America Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 7 North America Autonomous Vehicle Market Value, By Country, 2017 - 2027 (US$ Bn)
Table 8 U.S. Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 9 U.S. Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 10 U.S. Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 11 Rest of North America Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 12 Rest of North America Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 13 Rest of North America Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 14 Europe Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 15 Europe Autonomous Vehicle Market Value, By Power, 2017 - 2023 (US$ Bn)
Table 16 Europe Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 17 Europe Autonomous Vehicle Market Value, By Country, 2017 - 2027 (US$ Bn)
Table 18 U.K. Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 19 U.K. Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 20 U.K.Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 21 France Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 22 France Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 23 France Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 24 Germany Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 25 Germany Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 26 Germany Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 27 Rest of Europe Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 28 Rest of Europe Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 29 Rest of Europe Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 30 Asia Pacific Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 31 Asia Pacific Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 32 Asia Pacific Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 33 Asia Pacific Autonomous Vehicle Market Value, By Country, 2017 - 2027 (US$ Bn)
Table 34 China Autonomous Vehicle Market Value, By Type, 2014- 2023 (US$ Bn)
Table 35 China Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 36 China Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 37 Japan Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 38 Japan Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 39 Japan Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 40 India Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 41 India Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 42 India Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 43 Rest of Asia Pacific Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 44 Rest of Asia Pacifc Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 45 Rest of Asia Pacific Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 46 Rest of World Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 47 Rest of World Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 48 Rest of World Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 49 Rest of World Autonomous Vehicle Market Value, By Region, 2017 - 2027 (US$ Bn)
Table 50 Latin America Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 51 Latin America Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 52 Latin America Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Table 53 Middle-East and Africa Autonomous Vehicle Market Value, By Type, 2017 - 2027 (US$ Bn)
Table 54 Middle-East and Africa Autonomous Vehicle Market Value, By Power, 2017 - 2027 (US$ Bn)
Table 55 Middle-East and Africa Autonomous Vehicle Market Value, By Vehicle, 2017 - 2027 (US$ Bn)
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Tesla, Inc.
  • Daimler AG,
  • Lyft, Inc.,
  • Uber Technologies Inc.
  • Volkswagen AG
  • Volvo Car Corporation
  • Waymo LLC
  • Ford Motor Company
  • General Motors Company
  • BMW AG
  • Aptiv PLC
Note: Product cover images may vary from those shown
Adroll
adroll