Market Overview:
The global autonomous technology market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced driver assistance system (ADAS) and semi-autonomous car technology. ADAS helps in improving the safety of drivers, passengers, and pedestrians by providing features such as adaptive cruise control (ACC), blind spot monitoring (BSM), forward collision warning (FCW), intelligent speed adaptation (ISA), lane departure warning (LDW), night vision system (NVS), parking assistance, pedestrian detection system, and LIDAR. Adaptive front lights AFL are also gaining popularity among consumers owing to their ability to improve visibility during night driving conditions. Europe is expected to lead the global autonomous technology market in terms of revenue during the forecast period from 2018 to 2030 followed by Asia Pacific.
Product Definition:
Autonomous technology is a term used to describe any technology that can operate without human input. This includes technologies such as self-driving cars, automatic drones, and robots. The importance of autonomous technology lies in its potential to improve efficiency and safety while reducing costs. For example, self-driving cars have the potential to reduce traffic congestion and accidents by eliminating the need for human drivers. Similarly, automatic drones could be used to deliver goods without risking human lives.
Advanced Driver Assistance System (ADAS):
Advanced Driver Assistance System (ADAS) is a set of technologies that help improve driver safety by offering features such as Adaptive Cruise Control, Blind Spot Detection, Lane Departure Warning with lane change assist and many more. The system has been witnessing significant growth over the past few years owing to increasing demand for safer vehicles with enhanced driving experience.
The global ADAS market was valued at USD 6,700 million in 2016.
semi-autonomous car technology:
Semi-autonomous car technology is the part of advanced driver assistance systems (ADAS), which can perform some driving functions without the help of drivers. Some of these technologies are adaptive cruise control, automated lighting, lane departure warning system, and parking assist among others. ADAS has been a growing market due to increased safety concerns and awareness among consumers about semi-autonomous cars technology benefits such as reduced accident rates and improved traffic flow.
Application Insights:
The autonomous technology market has witnessed tremendous growth in recent years. The growing need for driver assistance systems that can help improve road safety and reduce the number of casualties is expected to be a major factor driving the demand over the forecast period. According to data published by IIHS, semi-autonomous car technology accounted for around 40% of total autonomous vehicle installations in 2017, while fully-autonomous cars accounted for 60%. This trend is expected to continue over the forecast period as fully autonomous cars are considered safer options compared with conventional vehicles equipped with driver assistance systems.
Blind spot monitoring system (BSM) application segment was valued at USD 205 million in 2016 and is anticipated to grow at a CAGR of XX% from 2017 to 2030 owing to its increasing adoption by automobile manufacturers globally.
Regional Analysis:
The North American regional market dominated the global autonomous technology market in terms of revenue share in 2016. The growth can be attributed to the increasing adoption of semi-autonomous car technologies, such as adaptive cruise control and lane departure warning systems, which are expected to increase safety on roadways. Furthermore, technological advancements pertaining to ADAS features coupled with stringent government regulations for driver distraction is anticipated to drive demand over the forecast period.
Asia Pacific is projected to witness significant growth over the next eight years owing to increasing investments by prominent players in this region along with growing consumer disposable income levels and rising vehicle production rates. Japan has been at forefront when it comes autonomous cars technology development and deployment across Asia Pacific region since 2014 when Toyota first introduced its Autonomous Car Technology (ACT) project that also involved Honda Motor Co., Ltd., Nissan Motor Corporation, Mazda Motor Corporation and Mitsubishi Electric Corp among other companies operating within Japan’s automotive industry.
Growth Factors:
- Increasing demand for Autonomous Technology in the automotive industry to improve safety and efficiency.
- Proliferation of Autonomous Technology in other industries such as logistics, agriculture, and mining to improve productivity and safety.
- Development of new applications for Autonomous Technology such as self-driving cars and drones.
- Growing investment in research and development of Autonomous Technology by private companies and governments worldwide.
- Increasing awareness about the benefits of Autonomous Technology among consumers and businesses alike
Scope Of The Report
Report Attributes
Report Details
Report Title
Autonomous Technology Market Research Report
By Type
Advanced Driver Assistance System (ADAS), semi-autonomous car technology, fully-autonomous car technology
By Application
Adaptive Cruise Control (ACC), Blind Spot Monitoring (BSM), Forward Collision Warning (FCW), Intelligent Speed Adaptation (ISA), Lane Departure Warning (LDW), Night Vision System (NVS), Parking Assistance (PA), Pedestrian Detection System (PDS) and LIDAR, Adaptive Front Lights (AFL)
By Companies
Volvo, Daimler, BMW, Audi, General Motors, Toyota, Ford, Tesla, Honda, Cisco, Cohda Wireless, Altera, Delphi, Google, Nissan, Fiat Chrysler Automobiles, Hyundai, Mitsubishi, Mazda, Aisin Seiki
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Autonomous Technology Market Report Segments:
The global Autonomous Technology market is segmented on the basis of:
Types
Advanced Driver Assistance System (ADAS), semi-autonomous car technology, fully-autonomous car technology
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adaptive Cruise Control (ACC), Blind Spot Monitoring (BSM), Forward Collision Warning (FCW), Intelligent Speed Adaptation (ISA), Lane Departure Warning (LDW), Night Vision System (NVS), Parking Assistance (PA), Pedestrian Detection System (PDS) and LIDAR, Adaptive Front Lights (AFL)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Volvo
- Daimler
- BMW
- Audi
- General Motors
- Toyota
- Ford
- Tesla
- Honda
- Cisco
- Cohda Wireless
- Altera
- Delphi
- Google
- Nissan
- Fiat Chrysler Automobiles
- Hyundai
- Mitsubishi
- Mazda
- Aisin Seiki
Highlights of The Autonomous Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Advanced Driver Assistance System (ADAS)
- semi-autonomous car technology
- fully-autonomous car technology
- By Application:
- Adaptive Cruise Control (ACC)
- Blind Spot Monitoring (BSM)
- Forward Collision Warning (FCW)
- Intelligent Speed Adaptation (ISA)
- Lane Departure Warning (LDW)
- Night Vision System (NVS)
- Parking Assistance (PA)
- Pedestrian Detection System (PDS) and LIDAR
- Adaptive Front Lights (AFL)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Autonomous Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Autonomous technology is a term used to describe technologies that can operate without human input. Autonomous technology can include things like self-driving cars, drones, and robots.
Some of the major players in the autonomous technology market are Volvo, Daimler, BMW, Audi, General Motors, Toyota, Ford, Tesla, Honda, Cisco, Cohda Wireless, Altera, Delphi, Google, Nissan, Fiat Chrysler Automobiles, Hyundai, Mitsubishi, Mazda, Aisin Seiki.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Autonomous Technology Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Autonomous Technology Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Autonomous Technology Market - Supply Chain
4.5. Global Autonomous Technology Market Forecast
4.5.1. Autonomous Technology Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Autonomous Technology Market Size (000 Units) and Y-o-Y Growth
4.5.3. Autonomous Technology Market Absolute $ Opportunity
5. Global Autonomous Technology Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Autonomous Technology Market Size and Volume Forecast by Type
5.3.1. Advanced Driver Assistance System (ADAS)
5.3.2. semi-autonomous car technology
5.3.3. fully-autonomous car technology
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Autonomous Technology Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Autonomous Technology Market Size and Volume Forecast by Application
6.3.1. Adaptive Cruise Control (ACC)
6.3.2. Blind Spot Monitoring (BSM)
6.3.3. Forward Collision Warning (FCW)
6.3.4. Intelligent Speed Adaptation (ISA)
6.3.5. Lane Departure Warning (LDW)
6.3.6. Night Vision System (NVS)
6.3.7. Parking Assistance (PA)
6.3.8. Pedestrian Detection System (PDS) and LIDAR
6.3.9. Adaptive Front Lights (AFL)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Autonomous Technology Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Autonomous Technology Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Autonomous Technology Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Autonomous Technology Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Autonomous Technology Demand Share Forecast, 2019-2029
9. North America Autonomous Technology Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Autonomous Technology Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Autonomous Technology Market Size and Volume Forecast by Application
9.4.1. Adaptive Cruise Control (ACC)
9.4.2. Blind Spot Monitoring (BSM)
9.4.3. Forward Collision Warning (FCW)
9.4.4. Intelligent Speed Adaptation (ISA)
9.4.5. Lane Departure Warning (LDW)
9.4.6. Night Vision System (NVS)
9.4.7. Parking Assistance (PA)
9.4.8. Pedestrian Detection System (PDS) and LIDAR
9.4.9. Adaptive Front Lights (AFL)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Autonomous Technology Market Size and Volume Forecast by Type
9.7.1. Advanced Driver Assistance System (ADAS)
9.7.2. semi-autonomous car technology
9.7.3. fully-autonomous car technology
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Autonomous Technology Demand Share Forecast, 2019-2029
10. Latin America Autonomous Technology Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Autonomous Technology Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Autonomous Technology Market Size and Volume Forecast by Application
10.4.1. Adaptive Cruise Control (ACC)
10.4.2. Blind Spot Monitoring (BSM)
10.4.3. Forward Collision Warning (FCW)
10.4.4. Intelligent Speed Adaptation (ISA)
10.4.5. Lane Departure Warning (LDW)
10.4.6. Night Vision System (NVS)
10.4.7. Parking Assistance (PA)
10.4.8. Pedestrian Detection System (PDS) and LIDAR
10.4.9. Adaptive Front Lights (AFL)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Autonomous Technology Market Size and Volume Forecast by Type
10.7.1. Advanced Driver Assistance System (ADAS)
10.7.2. semi-autonomous car technology
10.7.3. fully-autonomous car technology
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Autonomous Technology Demand Share Forecast, 2019-2029
11. Europe Autonomous Technology Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Autonomous Technology Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Autonomous Technology Market Size and Volume Forecast by Application
11.4.1. Adaptive Cruise Control (ACC)
11.4.2. Blind Spot Monitoring (BSM)
11.4.3. Forward Collision Warning (FCW)
11.4.4. Intelligent Speed Adaptation (ISA)
11.4.5. Lane Departure Warning (LDW)
11.4.6. Night Vision System (NVS)
11.4.7. Parking Assistance (PA)
11.4.8. Pedestrian Detection System (PDS) and LIDAR
11.4.9. Adaptive Front Lights (AFL)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Autonomous Technology Market Size and Volume Forecast by Type
11.7.1. Advanced Driver Assistance System (ADAS)
11.7.2. semi-autonomous car technology
11.7.3. fully-autonomous car technology
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Autonomous Technology Demand Share, 2019-2029
12. Asia Pacific Autonomous Technology Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Autonomous Technology Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Autonomous Technology Market Size and Volume Forecast by Application
12.4.1. Adaptive Cruise Control (ACC)
12.4.2. Blind Spot Monitoring (BSM)
12.4.3. Forward Collision Warning (FCW)
12.4.4. Intelligent Speed Adaptation (ISA)
12.4.5. Lane Departure Warning (LDW)
12.4.6. Night Vision System (NVS)
12.4.7. Parking Assistance (PA)
12.4.8. Pedestrian Detection System (PDS) and LIDAR
12.4.9. Adaptive Front Lights (AFL)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Autonomous Technology Market Size and Volume Forecast by Type
12.7.1. Advanced Driver Assistance System (ADAS)
12.7.2. semi-autonomous car technology
12.7.3. fully-autonomous car technology
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Autonomous Technology Demand Share, 2019-2029
13. Middle East & Africa Autonomous Technology Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Autonomous Technology Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Autonomous Technology Market Size and Volume Forecast by Application
13.4.1. Adaptive Cruise Control (ACC)
13.4.2. Blind Spot Monitoring (BSM)
13.4.3. Forward Collision Warning (FCW)
13.4.4. Intelligent Speed Adaptation (ISA)
13.4.5. Lane Departure Warning (LDW)
13.4.6. Night Vision System (NVS)
13.4.7. Parking Assistance (PA)
13.4.8. Pedestrian Detection System (PDS) and LIDAR
13.4.9. Adaptive Front Lights (AFL)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Autonomous Technology Market Size and Volume Forecast by Type
13.7.1. Advanced Driver Assistance System (ADAS)
13.7.2. semi-autonomous car technology
13.7.3. fully-autonomous car technology
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Autonomous Technology Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Autonomous Technology Market: Market Share Analysis
14.2. Autonomous Technology Distributors and Customers
14.3. Autonomous Technology Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Volvo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Daimler
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BMW
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Audi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. General Motors
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toyota
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ford
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tesla
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honda
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cisco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cohda Wireless
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Altera
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Delphi
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Google
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nissan
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fiat Chrysler Automobiles
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hyundai
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
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