Market Overview:
The global self-driving vehicles market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for autonomous cars, rising awareness about the benefits of self-driving cars, and technological advancements in the field of autonomous driving. The global self-driving vehicles market can be segmented on the basis of type into drive assistance, high automation, and full automation. The drive assistance segment is expected to account for a major share of the global self-driving vehicles market during the forecast period owing to its low cost and growing popularity among consumers. However, full automation is expected to witness highest growth during the forecast period as it offers several advantages such as improved safety and reduced driver fatigue.
Product Definition:
Self-driving vehicles are cars that can drive themselves without any human input. They use sensors and software to detect obstacles and other vehicles on the road, and then make decisions about how to react. The importance of self-driving vehicles is that they could potentially reduce traffic fatalities, since human error is a major contributor to accidents. They could also make it easier for people who can't drive, such as the elderly or disabled, to get around.
Drive Assistance:
The global drive assistance system market size was valued at USD 3.07 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2025. The increasing demand for advanced driver assistance systems (ADAS) such as adaptive cruise control, automated lighting, lane departure warning, park assist among others are anticipated to propel the growth over the forecast period.
High Automation:
High automation is the degree to which a system or machine can be made independent of human intervention. In other words, it's the degree to which a process or task can be performed by software without any need for human interaction. High automation in self-driving vehicles market has enabled major advancements in automotive technology and has helped enhance driving experience by making roads safer and more efficient.
The increasing demand for automated cars that are capable of sensing their surroundings, avoiding obstacles,.
Application Insights:
The passenger vehicles segment dominated the global market in 2017 and is expected to maintain its lead over the forecast period. The growing need for autonomous cars as a mode of transportation, especially in developed economies such as North America and Europe, has resulted in a higher adoption rate of self-driving vehicles among consumers.
Moreover, governments are also encouraging the use of self-driving cars by offering subsidies to consumers for purchasing such systems. For instance, Transport Research Laboratory (TRL) at University of Leeds developed an autonomous car named LASSO that can be used on public roads with financial support from Jaguar Land Rover Automotive Ltd., Ford Motor Company and Nissan Motor Co., Ltd.
Commercial applications include delivery vans, trucks/lorries etc. These vehicles have high automation levels compared to passenger cars due to extensive usage on narrow roads with heavy traffic where human error could prove fatal or costly for shippers/carriers or other road users involved in accidents caused by driver fatigue or distraction etc.
Regional Analysis:
The Asia Pacific regional market is anticipated to emerge as the most promising destination for autonomous vehicles over the forecast period. The region accounted for a share of more than 30% in 2017 and is estimated to reach a market size exceeding USD X billion by 2030. This can be attributed to increasing R&D activities, particularly in China and Japan, as well as growing adoption of innovative technologies across several industries. Moreover, countries such as South Korea are focusing on developing new legislation that will allow self-driving cars on public roads without any extra insurance or permits required from drivers or authorities.
In addition, companies such as Tesla Motors Inc.; Google LLC; Ford Motor Company; BMW AG; Delphi Automotive PLC have started testing their self-driving vehicles in U.S.
Growth Factors:
- Increasing demand for safety and security in automotive sector
- Government initiatives for the promotion of self-driving vehicles
- Rising demand for luxury and comfort in automobiles
- Technological advancements in the field of autonomous driving systems
- Growing awareness about the benefits of self-driving vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-driving Vehicles Market Research Report
By Type
Drive Assistance, High Automation, Full Automation
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Bosch, Continental AG, Delphi, Denso, Google, Nissan, Volvo, General Motors, Audi, BMW, Tesla, Mercedes–Benz, Toyota, Ford Motor Company, Volkswagen
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Self-driving Vehicles Market Report Segments:
The global Self-driving Vehicles market is segmented on the basis of:
Types
Drive Assistance, High Automation, Full Automation
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:
- Bosch
- Continental AG
- Delphi
- Denso
- Google
- Nissan
- Volvo
- General Motors
- Audi
- BMW
- Tesla
- Mercedes–Benz
- Toyota
- Ford Motor Company
- Volkswagen
Highlights of The Self-driving 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:
- Drive Assistance
- High Automation
- Full Automation
- 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 Self-driving 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
- 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?
Self-driving vehicles are cars, trucks, buses and other vehicles that can drive themselves without human input.
Some of the major companies in the self-driving vehicles market are Bosch, Continental AG, Delphi, Denso, Google, Nissan, Volvo, General Motors, Audi, BMW, Tesla, Mercedes¢â‚¬â€œBenz, Toyota, Ford Motor Company, Volkswagen.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Self-driving Vehicles 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. Self-driving Vehicles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Self-driving Vehicles Market - Supply Chain
4.5. Global Self-driving Vehicles Market Forecast
4.5.1. Self-driving Vehicles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Self-driving Vehicles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Self-driving Vehicles Market Absolute $ Opportunity
5. Global Self-driving Vehicles 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. Self-driving Vehicles Market Size and Volume Forecast by Type
5.3.1. Drive Assistance
5.3.2. High Automation
5.3.3. Full Automation
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Self-driving Vehicles 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. Self-driving Vehicles Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicles
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Self-driving Vehicles 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. Self-driving Vehicles 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 Self-driving Vehicles 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. Self-driving Vehicles 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 Self-driving Vehicles Demand Share Forecast, 2019-2026
9. North America Self-driving Vehicles 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 Self-driving Vehicles 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 Self-driving Vehicles Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicles
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Self-driving Vehicles Market Size and Volume Forecast by Type
9.7.1. Drive Assistance
9.7.2. High Automation
9.7.3. Full Automation
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 Self-driving Vehicles Demand Share Forecast, 2019-2026
10. Latin America Self-driving Vehicles 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 Self-driving Vehicles 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 Self-driving Vehicles Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicles
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Self-driving Vehicles Market Size and Volume Forecast by Type
10.7.1. Drive Assistance
10.7.2. High Automation
10.7.3. Full Automation
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 Self-driving Vehicles Demand Share Forecast, 2019-2026
11. Europe Self-driving Vehicles 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 Self-driving Vehicles 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 Self-driving Vehicles Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicles
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Self-driving Vehicles Market Size and Volume Forecast by Type
11.7.1. Drive Assistance
11.7.2. High Automation
11.7.3. Full Automation
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 Self-driving Vehicles Demand Share, 2019-2026
12. Asia Pacific Self-driving Vehicles 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 Self-driving Vehicles 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 Self-driving Vehicles Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicles
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Self-driving Vehicles Market Size and Volume Forecast by Type
12.7.1. Drive Assistance
12.7.2. High Automation
12.7.3. Full Automation
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 Self-driving Vehicles Demand Share, 2019-2026
13. Middle East & Africa Self-driving Vehicles 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 Self-driving Vehicles 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 Self-driving Vehicles Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicles
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Self-driving Vehicles Market Size and Volume Forecast by Type
13.7.1. Drive Assistance
13.7.2. High Automation
13.7.3. Full Automation
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 Self-driving Vehicles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Self-driving Vehicles Market: Market Share Analysis
14.2. Self-driving Vehicles Distributors and Customers
14.3. Self-driving Vehicles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Continental AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Delphi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Denso
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Google
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nissan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Volvo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. General Motors
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Audi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BMW
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tesla
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MercedesBenz
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Toyota
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ford Motor Company
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Volkswagen
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
