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Global Semi-Autonomous Vehicle Market Size, Share & Trends Analysis Report by Level of Automation (Level 1, Level 2, Level 3), by Vehicle Type (Passenger Car, Commercial Vehicle), by Region, and Segment Forecasts, 2021-2028

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    Report

  • 154 Pages
  • July 2021
  • Region: Global
  • Grand View Research
  • ID: 5390562
Description Jump to:
The global semi-autonomous vehicle market demand is anticipated to reach 60.1 million units by 2028, exhibiting a CAGR of 20.8% over the forecast period. The rapid growth can be attributed to the rising adoption of driver-assisted technologies, thereby enhancing the driving experience. The confluence of abilities such as electronic braking, adaptive cruise control, and obstacle detection; and continuous technological innovations happening in driving technologies offer an impetus to market growth. Semi-autonomous cars also promise drivers the ability to practice safer driving over the forecast period, thus driving higher adoption. The availability of forwarding collision and lane assistance and progressive learning models in cars helps to remove human error, thus reducing accidents.

The rising technological development of semi-autonomous cars has increased integration with connected technologies, thus increasing efficiency by minimizing human error. Semi-autonomous vehicles can increase the efficiency of vehicles as they would offer real-time traffic updates, enhanced driving assistance systems, and connected cars. Semi-automatic cars also offer the ability to indulge in intelligent driving, thus helping in changing routes accordingly. Thus, the vehicles would be more efficient and secure as they would not result in the wastage of fuel in traffic jams and ensure passenger safety.

Artificial Intelligence (AI) offers promising growth opportunities to the semi-autonomous cars market due to its applications in several use cases within automotive. The implementation of Ai-models aids in pattern and obstacle recognition, which helps understand verbal sounds, non-verbal cues, and gestures. There has been an increasing trend in the adoption of AI for steering mechanism which simplifies driving effort, enhances engine performance, and increase fuel efficiency.

The Asia Pacific region is expected to witness the fastest CAGR of 22.7%, followed by the Middle East and Africa and South America. The high growth rate can be attributed to a strong AI hub in China, Japan, Singapore, and India, enabling automotive players to gain easy access to automotive-specific AI programs and services. The rising economy of Middle Eastern countries also offers promising growth opportunities to the MEA region. This can be accredited to the rising disposable income of people in the region, increasing interest of people to leverage semi-autonomous vehicles for commercial and personal uses, and favorable government regulations which help in regulating market growth.

Semi-Autonomous Vehicle Market Report Highlights

  • The level 3 automation segment is expected to emerge as the fastest-growing segment over the forecast period. Level 3 automation offers technological advancement with environmental detection capabilities, capable of making informed decisions such as overtake slow-moving vehicles, traffic maneuverability, and smart obstacle detection
  • The commercial vehicle segment is expected to register the highest CAGR over the forecast period. The deployment of semi-autonomous driving solution in commercial vehicles ensures safe movement of products and goods, thus allowing the driver to maintain good health and posture
  • The Asia Pacific region is expected to dominate the market over the forecast period. This can be attributed to the presence of the AI hubs in countries such as China, Japan, Singapore, and India; which offers a conducive environment for the semi-autonomous market


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Table of Contents

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List to Data Sources
Chapter 2 Executive Summary
2.1 Semi-Autonomous Vehicle Market - Industry Snapshot & Key Buying Criteria, 2017 - 2028
Chapter 3 Market Variables, Trends, and Scope
3.1 Market Segmentation
3.2 Market Size & Growth Prospects
3.3 Penetration & Growth Prospect Mapping
3.4 Industry Value Chain Analysis
3.5 Market Dynamics
3.5.1 Market driver analysis
3.5.1.1 Growth in high-end connected vehicle technology and mobility application
3.5.1.2 Increasing need for safe and secure driving options
3.5.1.3 Improved engine productivity and fuel efficiency
3.5.2 Market restraint analysis
3.5.2.1 Vehicle safety and cybersecurity threat
3.6 Business Environmental Analysis Tools
3.6.1 Porter’s five forces analysis
3.6.2 PEST analysis
Chapter 4 Level of Automation Type Estimates and Trend Analysis
4.1 Market Size Estimates & Forecasts and Trend Analysis, 2017 - 2028 (Million Units)
4.2 Level of Automation Movement Analysis & Market Share, 2020 & 2028
4.3 Level 1
4.3.1 Market size estimates and forecasts by region, 2017 - 2028 (Million Units)
4.4 Level 2
4.4.1 Market size estimates and forecasts by region, 2017 - 2028 (Million Units)
4.5 Level 3
4.5.1 Market size estimates and forecasts by region, 2017 - 2028 (Million Units)
Chapter 5 Vehicle Type Estimates and Trend Analysis
5.1 Market Size Estimates & Forecasts and Trend Analysis, 2017 - 2028 (Million Units)
5.2 Vehicle Type Movement Analysis & Market Share, 2020 & 2028
5.3 Passenger Cars
5.3.1 Market size estimates and forecasts by region, 2017 - 2028 (Million Units)
5.4 Commercial Vehicle
5.4.1 Market size estimates and forecasts by region, 2017 - 2028 (Million Units)
Chapter 6 Regional Estimates and Trend Analysis
6.1 Market Size Estimates & Forecasts and Trend Analysis, 2017 - 2028 (Million Units)
6.2 Semi-Autonomous Vehicle Market Share by Region, 2020 & 2028
6.3 North America
6.3.1 North America Semi-Autonomous Vehicle market, by level of automation, 2017 - 2028 (Million Units)
6.3.2 North America Semi-Autonomous Vehicle market, by vehicle type, 2017 - 2028 (Million Units)
6.3.3 U.S.
6.3.3.1 U.S. Semi-Autonomous Vehicle market by level of automation, 2017 - 2028 (Million Units)
6.3.3.2 U.S. Semi-Autonomous Vehicle market by vehicle type, 2017 - 2028 (Million Units)
6.3.4 Canada
6.3.4.1 Canada Semi-Autonomous Vehicle market by level of automation, 2017 - 2028 (Million Units)
6.3.4.2 Canada Semi-Autonomous Vehicle market by vehicle type, 2017 - 2028 (Million Units)
6.3.5 Mexico
6.3.5.1 Mexico Semi-Autonomous Vehicle market by level of automation, 2017 - 2028 (Million Units)
6.3.5.2 Mexico Semi-Autonomous Vehicle market by vehicle type, 2017 - 2028 (Million Units)
6.4 Europe
6.4.1 Europe Semi-Autonomous Vehicle market, by level of automation, 2017 - 2028 (Million Units)
6.4.2 Europe Semi-Autonomous Vehicle market, by vehicle type, 2017 - 2028 (Million Units)
6.4.3 Germany
6.4.3.1 Germany Semi-Autonomous Vehicle market by Level of automation, 2017 - 2028 (Million Units)
6.4.3.2 Germany Semi-Autonomous Vehicle market by Vehicle type, 2017 - 2028 (Million Units)
6.4.4 U.K.
6.4.4.1 U.K. Semi-Autonomous Vehicle market by Level of automation, 2017 - 2028 (Million Units)
6.4.4.2 U.K. Semi-Autonomous Vehicle market by Vehicle type, 2017 - 2028 (Million Units)
6.4.5 France
6.4.5.1 France Semi-Autonomous Vehicle market by Level of automation, 2017 - 2028 (Million Units)
6.4.5.2 France Semi-Autonomous Vehicle market by Vehicle type, 2017 - 2028 (Million Units)
6.5 Asia Pacific
6.5.1 Asia Pacific Semi-Autonomous Vehicle market, by Level of automation, 2017 - 2028 (Million Units)
6.5.2 Asia Pacific Semi-Autonomous Vehicle market, by Vehicle type, 2017 - 2028 (Million Units)
6.5.2.1 China Semi-Autonomous Vehicle market by Level of automation, 2017 - 2028 (Million Units)
6.5.2.2 China Semi-Autonomous Vehicle market by Vehicle type, 2017 - 2028 (Million Units)
6.5.3 India
6.5.3.1 India Semi-Autonomous Vehicle market by Level of automation, 2017 - 2028 (Million Units)
6.5.3.2 India Semi-Autonomous Vehicle market by Vehicle type, 2017 - 2028 (Million Units)
6.5.4 Japan
6.5.4.1 Japan Semi-Autonomous Vehicle market by Level of automation, 2017 - 2028 (Million Units)
6.5.4.2 Japan Semi-Autonomous Vehicle market by Vehicle type, 2017 - 2028 (Million Units)
6.5.5 South Korea
6.5.5.1 South Korea Semi-Autonomous Vehicle market by Level of automation, 2017 - 2028 (Million Units)
6.5.5.2 South Korea Semi-Autonomous Vehicle market by Vehicle type, 2017 - 2028 (Million Units)
6.6 South America
6.6.1 South America Semi-Autonomous Vehicle market, by Level of automation, 2017 - 2028 (Million Units)
6.6.2 South America Semi-Autonomous Vehicle market, by Vehicle type, 2017 - 2028 (Million Units)
6.6.3 Brazil
6.6.3.1 Brazil Semi-Autonomous Vehicle market by Level of automation, 2017 - 2028 (Million Units)
6.6.3.2 Brazil Semi-Autonomous Vehicle market by Vehicle type, 2017 - 2028 (Million Units)
6.7 MEA
6.7.1 MEA Semi-Autonomous Vehicle market, by Level of automation, 2017 - 2028 (Million Units)
6.7.2 MEA Semi-Autonomous Vehicle market, by Vehicle type, 2017 - 2028 (Million Units)
Chapter 7 Competitive Analysis
7.1 Recent Developments & Impact Analysis, By Key Market ParSemi-Autonomous Vehicleipants
7.2 Company/Competition Categorization (Key innovators, Market leaders, Emerging Players)
7.3 Vendor Landscape
7.3.1 Key Company Market Share Analysis, 2020
7.4 Public Companies
7.4.1 Company Market Position Analysis
7.5 Private Companies
7.5.1 List of Key Emerging Companies /Technology Disruptors/Innovators
7.5.2 Company Market Position Analysis
Chapter 8 Competitive Landscape
8.1 Audi AG
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Recent developments
8.2 BMW AG
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.2.4 Recent developments
8.3 Continental AG
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product benchmarking
8.4 Diamler AG (Mercedes Benz)
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product benchmarking
8.4.4 Recent developments
8.5 Ford Motor Company
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Recent developments
8.6 General Motors
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product benchmarking
8.7 Honda Motor Corporation
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Recent developments
8.8 Nissan Motor Company
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product benchmarking
8.8.4 Recent developments
8.9 Toyota Motor Corporation
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.9.4 Recent developments
8.10 Volvo Car Corporation
8.10.1 Company overview
8.10.2 Financial performance
8.10.3 Product benchmarking
8.10.4 Recent developments
8.11 Valeo S.A.
8.11.1 Company overview
8.11.2 Financial performance
8.11.3 Product benchmarking
8.11.4 Recent developments
8.12 Volkswagen AG
8.12.1 Company overview
8.12.2 Financial performance
8.12.3 Product benchmarking
8.12.4 Recent developments
List of Tables
Table 1 Semi-Autonomous Vehicle market - Industry snapshot & key buying criteria, 2020 - 2028
Table 2 Global semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Table 3 Global semi-autonomous vehicle market, by region, 2017 - 2028 (Million Units)
Table 4 Global semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 5 Global semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 6 Semi-Autonomous Vehicle market - Key market driver impact
Table 7 Semi-Autonomous Vehicle market - Key market restraint impact
Table 8 Global level 1 semi-autonomous vehicle market, by region, 2017 - 2028 (Million Units)
Table 9 Global level 2 semi-autonomous vehicle market, by region, 2017 - 2028 (Million Units)
Table 10 Global level 3 semi-autonomous vehicle market, by region, 2017 - 2028 (Million Units)
Table 11 Global semi-autonomous passenger car market, by region, 2017 - 2028 (Million Units)
Table 12 Global semi-autonomous commercial vehicle market, by region, 2017 - 2028 (Million Units)
Table 13 North America semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Table 14 North America semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 15 North America semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 16 U.S. semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 17 U.S. semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 18 Canada semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 19 Canada semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 20 Mexico semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 21 Mexico semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 22 Europe semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Table 23 Europe semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 24 Europe semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 25 Germany semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 26 Germany semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 27 U.K. semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 28 U.K. semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 29 France semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 30 France semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 31 Asia Pacific semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Table 32 Asia Pacific semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 33 Asia Pacific semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 34 China semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 35 China semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 36 Japan semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 37 Japan semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 38 India semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 39 India semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 40 South Korea semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 41 South Korea semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 42 South America semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Table 43 South America semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 44 South America semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 45 Brazil semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 46 Brazil semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
Table 47 Middle East and Africa semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Table 48 Middle East and Africa semi-autonomous vehicle market, by level of automation, 2017 - 2028 (Million Units)
Table 49 Middle East and Africa semi-autonomous vehicle market, by vehicle type, 2017 - 2028 (Million Units)
List of Figures
FIG. 1 Research process
Fig. 2 Market formulation
Fig. 3 Industry snapshot
Fig. 4 Semi-autonomous Vehicle market segmentation
Fig. 5 Value chain analysis
Fig. 6 Market dynamics
Fig. 7 Key opportunity analysis
Fig. 8 Semi-autonomous vehicle market share, by level of automation, 2020 & 2028 (Million Units)
Fig. 9 Semi-autonomous vehicle market share, by vehicle type, 2020 & 2028 (Million Units)
Fig. 10 Semi-autonomous vehicle regional outlook, 2020 & 2028
Fig. 11 Semi-autonomous vehicle market share, by region, 2020 & 2028 (Million Units)
Fig. 12 North America semi-autonomous vehicle market- Key takeaways, 2020 & 2028, Volume (Million Units)
Fig. 13 U.S. semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 14 Canada semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 15 Mexico semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 16 Europe semi-autonomous vehicle market- Key takeaways, 2020 & 2028, Volume (Million Units)
Fig. 17 Germany semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 18 U.K. semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 19 France semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 20 Asia Pacific semi-autonomous vehicle market- Key takeaways, 2020 & 2028, Volume (Million Units)
Fig. 21 China semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 22 Japan semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 23 India semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 24 South Korea semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 25 South America semi-autonomous vehicle market- Key takeaways, 2020 & 2028, Volume (Million Units)
Fig. 26 Brazil semi-autonomous vehicle market, 2017 - 2028 (Million Units)
Fig. 27 MEA semi-autonomous vehicle market- Key takeaways, 2020 & 2028, Volume (Million Units)

Companies Mentioned

  • Audi AG
  • BMW AG
  • Continental AG
  • Diamler AG (Mercedes Benz)
  • Ford Motor Company
  • General Motors
  • Honda Motor Corporation
  • Nissan Motor Company
  • Toyota Motor Corporation
  • Volvo Car Corporation
  • Valeo S.A.
  • Volkswagen AG

Methodology

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Table Information

Report AttributeDetails
No. of Pages154
PublishedJuly 2021
Forecast Period2021 - 2028
Estimated Market Value ( USD ) in 2021 $ 15.99 Million
Forecasted Market Value ( USD ) by 2028 $ 60.1 million
Compound Annual Growth Rate20.8%
Regions CoveredGlobal
No. of Companies Mentioned12

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