Market Overview:
The global consumer autonomous vehicles 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 autonomous vehicles across different applications, rising awareness about the benefits of autonomous vehicles, and technological advancements in the field of self-driving cars. The global consumer autonomous vehicles market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into automobile manufacturers, mobility service providers, system integrators, software vendors, sensor vendors and insurance companies. The automobile manufacturers segment dominates the global consumer autonomous vehicles market with a share of XX%. This can be attributed to their early adoption of advanced technologies in their production processes as well as investments in R&D for developing new technologies for self-driving cars. The mobility service providers segment is projected to grow at a CAGR XX% during 2018-2030 owing to an increase in demand for shared mobility services across different geographies.
Product Definition:
Consumer autonomous vehicles are cars that can drive themselves, without any human input. They are important because they could potentially reduce traffic fatalities, since humans would no longer be driving. They could also improve the environment, since people would not have to use their cars as much.
Automobile Manufacturers:
Automobile manufacturers are the key component in Consumer Autonomous Vehicle (CAV) market. CAVs are vehicles that can operate without a driver, using only sensors and software. Automobile manufacturers provide various types of services such as designing & development, manufacturing & distribution of autonomous cars along with its end-to-end value chain including research & development centers; design studios; sales offices; parts distribution centers and service stations.
Mobility Service Providers:
The mobility service providers (MSPs) are the companies that provide mobility services such as car rental, ride hailing, van pooling and bus pass. They are also used in reference to the system which facilitates automobile users with a range of travel related services including transportation ticketing and electronic ticket management. MSPs have been witnessing significant growth over the past few years owing to increasing demand for on-demand transport solutions along with rising number of smartphone users across the globe.
Application Insights:
The heavy truck application segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the high adoption of connected trucks, which offer real-time information on a dashboard display about the vehicle¢â‚¬â„¢s surroundings. These vehicles are also equipped with GPS and other sensors that enable them to recognize obstacles and avoid them, thereby enhancing road safety.
The medium car application segment is expected to witness significant growth over the forecast period owing to increasing demand from commercial transportation services such as airport limousine buses, sightseeing tours, corporate shuttle buses etc. Medium cars are typically equipped with more advanced driver assistance systems than light cars; however they do not have autonomous driving capabilities at this time due to regulatory constraints regarding passenger safety and driver training requirements.
Regional Analysis:
North America is expected to dominate the global autonomous vehicles market accounting for more than 35% of the revenue share in 2016. The region is anticipated to maintain its lead over the forecast period owing to increasing investments by companies in R&D and mobility services. Moreover, growing adoption of these vehicles across this region can reduce traffic congestion and accidents as well as improve fuel efficiency leading to cost savings for consumers ultimately driving demand across this region.
The Asia Pacific regional market captured significant attention from industry players due to emerging economies such as China, India, Japan and South Korea investing heavily in automotive manufacturing capabilities along with high purchasing power of consumers resulting into increased sales volume thus propelling growth over the forecast period. Additionally, favorable government regulations are also expected drive demand across this region which accounted for a major chunk of global production last year (2016).
Growth Factors:
- Increasing demand for luxury and comfort: The global consumer autonomous vehicles market is expected to grow at a CAGR of over 28% during the forecast period. One of the key growth drivers for this market is the increasing demand for luxury and comfort-driven vehicles. This can be attributed to the growing disposable income of consumers, especially in developed countries.
- Proliferation of advanced technologies: Another major factor driving the growth of this market is the proliferation of advanced technologies, such as artificial intelligence (AI), machine learning, and internet of things (IoT). These technologies are helping automakers to develop smarter and more efficient autonomous vehicles that can provide enhanced safety features and convenience to consumers.
- Government initiatives supporting autonomous vehicle development: Governments around the world are taking initiatives to promote the development and adoption of autonomous vehicles. For instance, in 2017, China announced plans to invest billion in developing self-driving cars by 2020. This is expected to create a conducive environment for growth in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Consumer Autonomous Vehicles Market Research Report
By Type
Automobile Manufacturers, Mobility Service Providers, System Integrators, Software Vendors, Sensor Vendors, Insurance Companies
By Application
Heavy Truck, Medium Car, Light Car
By Companies
Apple, Audi, Baidu, BMW, Bosch, Continental, Daimler, Fiat Chrysler Automobiles, Ford, General Motors, Honda, Huawei, Hyundai Motor Group, Intel, Jaguar Land Rover, Mobileye (Intel), Nissan, Nvidia, PSA Group, Renault, SAIC Motor, Samsung, SoftBank, Tata Motors, Tesla, Toyota, Uber, Volkswagen Group, Volvo Car, Waymo
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Consumer Autonomous Vehicles Market Report Segments:
The global Consumer Autonomous Vehicles market is segmented on the basis of:
Types
Automobile Manufacturers, Mobility Service Providers, System Integrators, Software Vendors, Sensor Vendors, Insurance Companies
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
Heavy Truck, Medium Car, Light Car
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:
- Apple
- Audi
- Baidu
- BMW
- Bosch
- Continental
- Daimler
- Fiat Chrysler Automobiles
- Ford
- General Motors
- Honda
- Huawei
- Hyundai Motor Group
- Intel
- Jaguar Land Rover
- Mobileye (Intel)
- Nissan
- Nvidia
- PSA Group
- Renault
- SAIC Motor
- Samsung
- SoftBank
- Tata Motors
- Tesla
- Toyota
- Uber
- Volkswagen Group
- Volvo Car
- Waymo
Highlights of The Consumer Autonomous Vehicles 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:
- Automobile Manufacturers
- Mobility Service Providers
- System Integrators
- Software Vendors
- Sensor Vendors
- Insurance Companies
- By Application:
- Heavy Truck
- Medium Car
- Light Car
- 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 Consumer Autonomous Vehicles 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.
How you may use our products:
- 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?
Consumer autonomous vehicles are self-driving cars that are operated by the consumer, rather than a professional driver.
Some of the key players operating in the consumer autonomous vehicles market are Apple, Audi, Baidu, BMW, Bosch, Continental, Daimler, Fiat Chrysler Automobiles, Ford, General Motors, Honda, Huawei, Hyundai Motor Group, Intel, Jaguar Land Rover, Mobileye (Intel), Nissan, Nvidia, PSA Group, Renault, SAIC Motor, Samsung, SoftBank, Tata Motors, Tesla, Toyota, Uber, Volkswagen Group, Volvo Car, Waymo.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Consumer Autonomous Vehicles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Consumer Autonomous Vehicles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Consumer Autonomous Vehicles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Consumer Autonomous Vehicles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Consumer Autonomous Vehicles Market Size & Forecast, 2018-2028
4.5.1 Consumer Autonomous Vehicles Market Size and Y-o-Y Growth
4.5.2 Consumer Autonomous Vehicles Market Absolute $ Opportunity
Chapter 5 Global Consumer Autonomous Vehicles Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Consumer Autonomous Vehicles Market Size Forecast by Type
5.2.1 Automobile Manufacturers
5.2.2 Mobility Service Providers
5.2.3 System Integrators
5.2.4 Software Vendors
5.2.5 Sensor Vendors
5.2.6 Insurance Companies
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Consumer Autonomous Vehicles Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Consumer Autonomous Vehicles Market Size Forecast by Applications
6.2.1 Heavy Truck
6.2.2 Medium Car
6.2.3 Light Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Consumer Autonomous Vehicles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Consumer Autonomous Vehicles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Consumer Autonomous Vehicles Analysis and Forecast
9.1 Introduction
9.2 North America Consumer Autonomous Vehicles Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Consumer Autonomous Vehicles Market Size Forecast by Type
9.6.1 Automobile Manufacturers
9.6.2 Mobility Service Providers
9.6.3 System Integrators
9.6.4 Software Vendors
9.6.5 Sensor Vendors
9.6.6 Insurance Companies
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Consumer Autonomous Vehicles Market Size Forecast by Applications
9.10.1 Heavy Truck
9.10.2 Medium Car
9.10.3 Light Car
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Consumer Autonomous Vehicles Analysis and Forecast
10.1 Introduction
10.2 Europe Consumer Autonomous Vehicles Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Consumer Autonomous Vehicles Market Size Forecast by Type
10.6.1 Automobile Manufacturers
10.6.2 Mobility Service Providers
10.6.3 System Integrators
10.6.4 Software Vendors
10.6.5 Sensor Vendors
10.6.6 Insurance Companies
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Consumer Autonomous Vehicles Market Size Forecast by Applications
10.10.1 Heavy Truck
10.10.2 Medium Car
10.10.3 Light Car
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Consumer Autonomous Vehicles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Consumer Autonomous Vehicles Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Consumer Autonomous Vehicles Market Size Forecast by Type
11.6.1 Automobile Manufacturers
11.6.2 Mobility Service Providers
11.6.3 System Integrators
11.6.4 Software Vendors
11.6.5 Sensor Vendors
11.6.6 Insurance Companies
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Consumer Autonomous Vehicles Market Size Forecast by Applications
11.10.1 Heavy Truck
11.10.2 Medium Car
11.10.3 Light Car
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Consumer Autonomous Vehicles Analysis and Forecast
12.1 Introduction
12.2 Latin America Consumer Autonomous Vehicles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Consumer Autonomous Vehicles Market Size Forecast by Type
12.6.1 Automobile Manufacturers
12.6.2 Mobility Service Providers
12.6.3 System Integrators
12.6.4 Software Vendors
12.6.5 Sensor Vendors
12.6.6 Insurance Companies
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Consumer Autonomous Vehicles Market Size Forecast by Applications
12.10.1 Heavy Truck
12.10.2 Medium Car
12.10.3 Light Car
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Consumer Autonomous Vehicles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Consumer Autonomous Vehicles Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Consumer Autonomous Vehicles Market Size Forecast by Type
13.6.1 Automobile Manufacturers
13.6.2 Mobility Service Providers
13.6.3 System Integrators
13.6.4 Software Vendors
13.6.5 Sensor Vendors
13.6.6 Insurance Companies
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Consumer Autonomous Vehicles Market Size Forecast by Applications
13.10.1 Heavy Truck
13.10.2 Medium Car
13.10.3 Light Car
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Consumer Autonomous Vehicles Market: Competitive Dashboard
14.2 Global Consumer Autonomous Vehicles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple
14.3.2 Audi
14.3.3 Baidu
14.3.4 BMW
14.3.5 Bosch
14.3.6 Continental
14.3.7 Daimler
14.3.8 Fiat Chrysler Automobiles
14.3.9 Ford
14.3.10 General Motors
14.3.11 Honda
14.3.12 Huawei
14.3.13 Hyundai Motor Group
14.3.14 Intel
14.3.15 Jaguar Land Rover
14.3.16 Mobileye (Intel)
14.3.17 Nissan
14.3.18 Nvidia
14.3.19 PSA Group
14.3.20 Renault
14.3.21 SAIC Motor
14.3.22 Samsung
14.3.23 SoftBank
14.3.24 Tata Motors
14.3.25 Tesla
14.3.26 Toyota
14.3.27 Uber
14.3.28 Volkswagen Group
14.3.29 Volvo Car
14.3.30 Waymo
