Autonomous Car Market : Trends, Forecast and Competitive Analysis

Publisher: Lucintel
Publication Date: May, 2020
Transportation / Vehicles
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in autonomous cars market to 2024 by level of automation (Level 1, Level 2, Level 3, Level 4, and Level 5), component (radar, ultrasonic, Lidar, image, and others), fuel type (internal combustion engine (ICE), hybrid electric vehicle (HEV), and battery electric vehicle (BEV)), end use (passenger car [small car, compact car, mid-size car, luxury car, suvs & crossovers], light commercial vehicles, and electric vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)

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The future of the autonomous cars market looks promising with opportunities in the passenger cars, light commercial vehicle, and electric vehicles markets. The autonomous car market is expected to grow with a CAGR of 47% from 2019 to 2024. The major drivers for this market are the significantly growing number of accidents, supportive government initiatives and policies for the self-driving technology, high investment in R&D activities for the development of self-driving technology, and development of road and telecom infrastructure.

A more than 150-page report is developed to help in your business decisions.

The study includes the autonomous cars market size and forecast for the autonomous cars market through 2024, segmented by level of automation, by component, by fuel type, by end use, and by region as follows:

By Level of Automation [$M shipment analysis for 2013 – 2024]

Level 1
Level 2
Level 3
Level 4
Level 5

By Component [$M shipment analysis for 2013 – 2024]

Radar
Ultrasonic
Lidar
Image
Others

By Fuel Type [$M shipment analysis for 2013 – 2024]

Internal Combustion Engine Vehicles (ICE)
Hybrid Electric Vehicle (HEV)
Battery Electric Vehicle (BEV)

By End Use [$M shipment analysis for 2013 – 2024]

Passenger Car
- Small cars
- Compact cars
- Mid-Sized cars
- Luxury cars
- SUVs & Crossovers

Light Commercial Vehicle
Electric Vehicle

By Region [$M shipment analysis for 2013 – 2024]

North America
- US
- Canada
- Mexico
Europe
- Germany
- Russia
- France
- United Kingdom
- Italy
Asia Pacific
- Japan
- India
- South Korea
- Indonesia
- Turkey
- China
The Rest of the World
- Brazil

In this market, passenger cars, light commercial vehicle, and electric vehicles are the major end use markets. Passenger car is the largest end use segment.

Within the autonomous car market, radar, ultrasonic, Lidar, and image are the major technology segment. Radar is the largest technology segment for autonomous cars.

North America will remain the largest region over the forecast period as the market witnesses a healthy demand for driverless cars.

Audi, BMW, Ford Motor Company, General Motors Company, Nissan Motor Company, Tesla Motors, Volvo Group, Toyota Motor Corporation, and Waymo are among the major manufacturers of autonomous cars.

Some of the features of "Autonomous Car Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include

Market size estimates:Autonomous cars market size estimation in terms of value ($M) shipment.
Trend and forecast analysis:Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry.
Segmentation analysis: Market size by level of automation, by component, by fuel type, by end use, and by region.
Regional analysis: Autonomous cars market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities:Analysis on growth opportunities in different segments and regions for autonomous cars in the autonomous cars market.
Strategic analysis:This includes M&A, new product development, and competitive landscape for, autonomous cars in the autonomous cars market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the autonomous cars market by level of automation (Level 1, Level 2, Level 3, Level 4, and Level 5), by component (radar, ultrasonic, Lidar, image, and others), by fuel type (internal combustion engine (ICE), hybrid electric vehicle (HEV), and battery electric vehicle (BEV), by end use (passenger car [small car, compact car, mid-size car, luxury car, suvs & crossovers], light commercial vehicles, and electric vehicles), and by region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the autonomous cars market?
Q.5 What are the business risks and threats to the autonomous cars market?
Q.6 What are emerging trends in this autonomous cars market and the reasons behind them?
Q.7 What are some changing demands of customers in the autonomous cars market?
Q.8 What are the new developments in the autonomous cars market? Which companies are leading these developments?
Q.9 Who are the major players in this autonomous cars market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this autonomous cars area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this autonomous cars market?

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Autonomous Car Market : Trends, Forecast and Competitive Analysis

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