Self Driving Car Market
Self-Driving Car - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Self-Driving Car Market is accounted for $41.18 billion in 2019 and is expected to reach $441.02 billion by 2027 growing at a CAGR of 34.5% during the forecast period. Some of the key factors propelling the growth of the market are rising safety concerns, investments in digital infrastructure, and advancements in automotive technologies. However, low consumer acceptance ratio is the restraining factor for the growth of the market.
Self-driving cars are those cars in which human drivers are not required to take control to safely operate the vehicle. These cars combine sensors and software to control, navigate, and drive the vehicle. It can sense its environment and move safely with little or no human input.
By automation level, the level 1 segment is expected to grow at a significant market share during the forecast period as the government across the globe are continuously working on improving the safety of the vehicles by mandating the use of advanced driving assistance systems (ADAS) in the vehicles. Based on geography, North America is anticipated to hold considerable market share during the forecast period which is attributed to the amendments in traffic regulations by the government to incorporate autonomous cars on public roads.
Some of the key players in Self-Driving Car Market include Volvo Cars, Google Inc., Uber Technologies Inc., Toyota Motor Corp, Nissan Motor Co. Ltd, Tesla Inc, General Motors Company (GM), Daimler AG, BMW, Volkswagen AG, Waymo LLC, Ford Motor Company, Honda Motor Co., Ltd, Valeo SA, and Audi AG.
Automation Levels Covered:
• Level 0
• Level 1
• Level 2
• Level 3
• Level 4
• Level 5
Components Covered:
• Software
• Hardware
• Services
Applications Covered:
• Taxi
• Ride Shares
• Ride Hail
• Public Transport
• Heavy Duty Trucks
• Civil
Vehicle Types Covered:
• Passenger Car/Vehicle
• Commercial Vehicle
Fuels Covered:
• Internal Combustion Engine (ICE)
• Electric
• Hybrid
Usages Covered:
• Personal Use
• On-Demand Service
End Users Covered:
• Transportation
• Defense
Types Covered:
• Semi-autonomous Cars
• Fully Autonomous Cars
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Self-Driving Car Market, By Automation Level
5.1 Introduction
5.2 Level 0
5.3 Level 1
5.4 Level 2
5.5 Level 3
5.6 Level 4
5.7 Level 5
6 Global Self-Driving Car Market, By Component
6.1 Introduction
6.2 Software
6.3 Hardware
6.3.1 Video Cameras
6.3.2 Ultrasonic Sensors
6.3.3 RADAR
6.3.4 LiDAR
6.3.5 Global Positioning System (GPS) Navigation System
6.3.6 Central Computing
6.3.7 Vision Detectors
6.4 Services
7 Global Self-Driving Car Market, By Application
7.1 Introduction
7.2 Taxi
7.3 Ride Shares
7.4 Ride Hail
7.5 Public Transport
7.6 Heavy Duty Trucks
7.7 Civil
8 Global Self-Driving Car Market, By Vehicle Type
8.1 Introduction
8.2 Passenger Car/Vehicle
8.3 Commercial Vehicle
9 Global Self-Driving Car Market, By Fuel
9.1 Introduction
9.2 Internal Combustion Engine (ICE)
9.3 Electric
9.4 Hybrid
10 Global Self-Driving Car Market, By Usage
10.1 Introduction
10.2 Personal Use
10.3 On-Demand Service
11 Global Self-Driving Car Market, By End User
11.1 Introduction
11.2 Transportation
11.3 Defense
12 Global Self-Driving Car Market, By Type
12.1 Introduction
12.2 Semi-autonomous Cars
12.3 Fully Autonomous Cars
13 Global Self-Driving Car Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Volvo Cars
15.2 Google Inc.
15.3 Uber Technologies Inc.
15.4 Toyota Motor Corp
15.5 Nissan Motor Co. Ltd
15.6 Tesla Inc
15.7 General Motors Company (GM)
15.8 Daimler AG
15.9 BMW
15.10 Volkswagen AG
15.11 Waymo LLC
15.12 Ford Motor Company
15.13 Honda Motor Co., Ltd
15.14 Valeo SA
15.15 Audi AG
List of Tables
1 Global Self-Driving Car Market Outlook, By Region (2018-2027) ($MN)
2 Global Self-Driving Car Market Outlook, By Automation Level (2018-2027) ($MN)
3 Global Self-Driving Car Market Outlook, By Level 0 (2018-2027) ($MN)
4 Global Self-Driving Car Market Outlook, By Level 1 (2018-2027) ($MN)
5 Global Self-Driving Car Market Outlook, By Level 2 (2018-2027) ($MN)
6 Global Self-Driving Car Market Outlook, By Level 3 (2018-2027) ($MN)
7 Global Self-Driving Car Market Outlook, By Level 4 (2018-2027) ($MN)
8 Global Self-Driving Car Market Outlook, By Level 5 (2018-2027) ($MN)
9 Global Self-Driving Car Market Outlook, By Component (2018-2027) ($MN)
10 Global Self-Driving Car Market Outlook, By Software (2018-2027) ($MN)
11 Global Self-Driving Car Market Outlook, By Hardware (2018-2027) ($MN)
12 Global Self-Driving Car Market Outlook, By Video Cameras (2018-2027) ($MN)
13 Global Self-Driving Car Market Outlook, By Ultrasonic Sensors (2018-2027) ($MN)
14 Global Self-Driving Car Market Outlook, By RADAR (2018-2027) ($MN)
15 Global Self-Driving Car Market Outlook, By LiDAR (2018-2027) ($MN)
16 Global Self-Driving Car Market Outlook, By Global Positioning System (GPS) Navigation System (2018-2027) ($MN)
17 Global Self-Driving Car Market Outlook, By Central Computing (2018-2027) ($MN)
18 Global Self-Driving Car Market Outlook, By Vision Detectors (2018-2027) ($MN)
19 Global Self-Driving Car Market Outlook, By Services (2018-2027) ($MN)
20 Global Self-Driving Car Market Outlook, By Application (2018-2027) ($MN)
21 Global Self-Driving Car Market Outlook, By Taxi (2018-2027) ($MN)
22 Global Self-Driving Car Market Outlook, By Ride Shares (2018-2027) ($MN)
23 Global Self-Driving Car Market Outlook, By Ride Hail (2018-2027) ($MN)
24 Global Self-Driving Car Market Outlook, By Public Transport (2018-2027) ($MN)
25 Global Self-Driving Car Market Outlook, By Heavy Duty Trucks (2018-2027) ($MN)
26 Global Self-Driving Car Market Outlook, By Civil (2018-2027) ($MN)
27 Global Self-Driving Car Market Outlook, By Vehicle Type (2018-2027) ($MN)
28 Global Self-Driving Car Market Outlook, By Passenger Car/Vehicle (2018-2027) ($MN)
29 Global Self-Driving Car Market Outlook, By Commercial Vehicle (2018-2027) ($MN)
30 Global Self-Driving Car Market Outlook, By Fuel (2018-2027) ($MN)
31 Global Self-Driving Car Market Outlook, By Internal Combustion Engine (ICE) (2018-2027) ($MN)
32 Global Self-Driving Car Market Outlook, By Electric (2018-2027) ($MN)
33 Global Self-Driving Car Market Outlook, By Hybrid (2018-2027) ($MN)
34 Global Self-Driving Car Market Outlook, By Usage (2018-2027) ($MN)
35 Global Self-Driving Car Market Outlook, By Personal Use (2018-2027) ($MN)
36 Global Self-Driving Car Market Outlook, By On-Demand Service (2018-2027) ($MN)
37 Global Self-Driving Car Market Outlook, By End User (2018-2027) ($MN)
38 Global Self-Driving Car Market Outlook, By Transportation (2018-2027) ($MN)
39 Global Self-Driving Car Market Outlook, By Defense (2018-2027) ($MN)
40 Global Self-Driving Car Market Outlook, By Type (2018-2027) ($MN)
41 Global Self-Driving Car Market Outlook, By Semi-autonomous Cars (2018-2027) ($MN)
42 Global Self-Driving Car Market Outlook, By Fully Autonomous Cars (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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