Self Driving Car Market
PUBLISHED: 2020 ID: SMRC20120
SHARE
SHARE

Self Driving Car Market

Self-Driving Car - Global Market Outlook (2019-2027)

4.4 (40 reviews)
4.4 (40 reviews)
Published: 2020 ID: SMRC20120

This report covers the impact of COVID-19 on this global market

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.

Slide51_400x200.png

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


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

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials