Market Overview:
The global semi-autonomous vehicle 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 semi-autonomous vehicles across different applications such as passenger vehicles and commercial vehicles. Additionally, the increasing focus on safety and comfort by OEMs is also propelling the growth of this market. However, factors such as high cost of these vehicles and lack of awareness about these technologies are restraining the growth of this market. On the basis of type, Level 2 autonomous vehicles are expected to account for a larger share in terms of revenue in 2018 followed by Level 3 autonomous vehicles. This can be attributed to their higher adoption rates in passenger cars as compared to commercial trucks and buses. On the basis of application, passenger cars are expected to account for a larger share in terms of revenue in 2018 followed by commercial trucks and buses.
Product Definition:
A semi-autonomous vehicle is a car that can drive itself for part of a journey, but requires human input for the rest. They are important because they represent the next step towards fully autonomous vehicles, which could eventually reduce road accidents and make travel much more efficient.
Level 2 Autonomous Vehicles:
The Level 2 autonomous vehicle is also known as the semi-autonomous car, it has some degree of automation in decision making and driving. It can drive itself without any manual intervention. The driver can take control at any time by just shifting his/her seat or using a switch on the steering wheel.
Level 3 Autonomous Vehicles:
The Level 3 autonomous vehicles are the next step up from semi-autonomous cars. These vehicles have some degree of self-driving technology, which allows them to operate without a driver. They can drive themselves at speeds up to 25 miles per hour and on roads with clear boundaries that are marked by stoplights and signage.
Application Insights:
Passenger vehicles segment accounted for the largest share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The growing need for autonomous cars, especially in developed regions such as North America and Europe, has resulted in higher adoption of semi-autonomous vehicles. Moreover, introduction of advanced safety systems by major automotive manufacturers will further boost product demand over the forecast period.
Semi-autonomous commercial vehicles are widely used across logistics applications owing to their ability to transport goods with less risk and lower operating costs as compared to human drivers.
Regional Analysis:
The North American regional market dominated the global semi-autonomous vehicle market in terms of revenue share in 2017. The increasing adoption of advanced safety technologies and growing emphasis on reducing road accidents are some factors attributing to the high demand for semi-autonomous vehicles in this region. In addition, the presence of key automotive manufacturers such as Tesla, Inc., Ford Motor Company and Google LLC is expected to drive industry growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest growing regions owing to various government initiatives pertaining to road traffic safety that have been undertaken across several countries including India, China and Japan among others. These initiatives include automatic emergency braking systems with Pedestrian Detection (AFS), lane departure warning systems with active steering technology and autonomous breaking system among others’ which are expected drive product demand over next eight years to 2030 in Asia Pacific region of globe.
Growth Factors:
- Increasing demand for Semi-Autonomous Vehicle from the commercial sector for improving efficiency and productivity.
- Government initiatives to promote the use of Semi-Autonomous Vehicle to reduce traffic congestion and pollution levels.
- Rising demand for luxury cars with advanced features such as Semi-Autonomous Vehicle, which is expected to boost the market growth in near future.
- Proliferation of autonomous driving technology that would help reduce human error while driving, resulting in increased adoption of semi-autonomous vehicles over conventional vehicles 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Semi-Autonomous Vehicle Market Research Report
By Type
Level 2 Autonomous Vehicles, Level 3 Autonomous Vehicles
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
General Motors, Mercedes-Benz, BMW, Audi, Tesla, Volvo, Ford, Cadillac, General Motors
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Semi-Autonomous Vehicle Market Report Segments:
The global Semi-Autonomous Vehicle market is segmented on the basis of:
Types
Level 2 Autonomous Vehicles, Level 3 Autonomous Vehicles
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
Passenger Vehicles, Commercial Vehicles
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:
- General Motors
- Mercedes-Benz
- BMW
- Audi
- Tesla
- Volvo
- Ford
- Cadillac
- General Motors
Highlights of The Semi-Autonomous Vehicle 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:
- Level 2 Autonomous Vehicles
- Level 3 Autonomous Vehicles
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- 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 Semi-Autonomous Vehicle 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A semi-autonomous vehicle is a car that can drive itself under certain conditions, but the driver must remain alert and ready to take over control at any time.
Some of the major players in the semi-autonomous vehicle market are General Motors, Mercedes-Benz, BMW, Audi, Tesla, Volvo, Ford, Cadillac, General Motors.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Semi-Autonomous Vehicle 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 Semi-Autonomous Vehicle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Semi-Autonomous Vehicle 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 Semi-Autonomous Vehicle 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 Semi-Autonomous Vehicle Market Size & Forecast, 2020-2028
4.5.1 Semi-Autonomous Vehicle Market Size and Y-o-Y Growth
4.5.2 Semi-Autonomous Vehicle Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Level 2 Autonomous Vehicles
5.2.2 Level 3 Autonomous Vehicles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Semi-Autonomous Vehicle 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 Semi-Autonomous Vehicle 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Level 2 Autonomous Vehicles
9.6.2 Level 3 Autonomous Vehicles
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 Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Level 2 Autonomous Vehicles
10.6.2 Level 3 Autonomous Vehicles
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 Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Level 2 Autonomous Vehicles
11.6.2 Level 3 Autonomous Vehicles
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 Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Level 2 Autonomous Vehicles
12.6.2 Level 3 Autonomous Vehicles
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 Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Level 2 Autonomous Vehicles
13.6.2 Level 3 Autonomous Vehicles
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) Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
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 Semi-Autonomous Vehicle Market: Competitive Dashboard
14.2 Global Semi-Autonomous Vehicle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Motors
14.3.2 Mercedes-Benz
14.3.3 BMW
14.3.4 Audi
14.3.5 Tesla
14.3.6 Volvo
14.3.7 Ford
14.3.8 Cadillac
14.3.9 General Motors
