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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.
 
autonomous cars


autonomous cars

autonomous cars
 
 
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?
 
Table of Contents
 
1. Executive Summary
 
2. Market Trends and Forecast Analysis from 2013 to 2024
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2013 to 2024
3.1: Macroeconomic Trends and Forecast
3.2: Global Autonomous Car Market: Trends and Forecast
3.3: Global Autonomous Car Market by Level of Automation
3.3.1: Level 1
3.3.2: Level 2
3.3.3: Level 3
3.3.4: Level 4
3.3.5: Level 5
3.4: Global Autonomous Car Market by Component
3.4.1: Radar
3.4.2: Ultrasonic
3.4.3: Lidar
3.4.4: Image
3.5: Global Autonomous Car Market by Fuel Type
3.5.1: Internal Combustion Engine (ICE)
3.5.2: Hybrid Electric Vehicle (HEV)
3.5.3: Battery Electric Vehicle (BEV)
3.6: Global Autonomous Car Market by End Use
3.6.1: Small cars
3.6.2: Compact cars
3.6.3: Mid-Sized cars
3.6.4: Luxury cars
3.6.5: SUVs & Crossovers
3.6.6: Light commercial vehicles
3.6.7: Electric Vehicles
 
4. Market Trends and Forecast Analysis by Region
4.1: Global Autonomous Car Market by Region
4.2: North American Autonomous Car Market
4.2.1: Market by Level of Automation: Level 1, Level 2, Level 3, Level 4, And Level 5.
4.2.2: Market by Component: Radar, Ultrasonic, Lidar, Image, and Others.
4.2.3: Market by Fuel Type: Internal Combustion Engine (ICE), Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV).
4.2.4: Market by End Use: Small Cars, Compact Cars, Mid-Sized Cars, Luxury Cars, SUVs & Crossovers, Light Commercial Vehicles, and Electric Vehicles.
4.2.5: Market by Country: United States, Canada, and Mexico.
4.3: European Autonomous Car Market
4.3.1: Market by Level of Automation: Level 1, Level 2, Level 3, Level 4, And Level 5.
4.3.2: Market by Component: Radar, Ultrasonic, Lidar, Image, and Others.
4.3.3: Market by Fuel Type: Internal Combustion Engine (ICE), Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV).
4.3.4: Market by End Use: Small Cars, Compact Cars, Mid-Sized Cars, Luxury Cars, SUVs & Crossovers, Light Commercial Vehicles, and Electric Vehicles.
4.3.5: Market by Country: Germany, UK, and Italy.
4.4: APAC Autonomous Car Market
4.4.1: Market by Level of Automation: Level 1, Level 2, Level 3, Level 4, And Level 5.
4.4.2: Market by Component: Radar, Ultrasonic, Lidar, Image, and Others.
4.4.3: Market by Fuel Type: Internal Combustion Engine (ICE), Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV).
4.4.4: Market by End Use: Small Cars, Compact Cars, Mid-Sized Cars, Luxury Cars, SUVs & Crossovers, Light Commercial Vehicles, and Electric Vehicles.
4.4.5: Market by Country: China, Japan, and India.
4.5: ROW Autonomous Car Market
4.5.1: Market by Level of Automation: Level 1, Level 2, Level 3, Level 4, And Level 5.
4.5.2: Market by Component: Radar, Ultrasonic, Lidar, Image, and Others.
4.5.3: Market by Fuel Type: Internal Combustion Engine (ICE), Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV).
4.5.4: Market by End Use: Small Cars, Compact Cars, Mid-Sized Cars, Luxury Cars, SUVs & Crossovers, Light Commercial Vehicles, and Electric Vehicles.
4.5.5: Market by Country: Brazil, and Turkey.
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Global Autonomous Car Market by Level of Automation.
6.1.2: Growth Opportunities for Global Autonomous Car Market by Component
6.1.3: Growth Opportunities for Global Autonomous Car Market by Fuel Type
6.1.4: Growth Opportunities for Global Autonomous Car Market by End Use
6.1.5: Growth Opportunities for Global Autonomous Car Market by Region
6.2: Emerging Trends in Global Autonomous Car Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Global Autonomous Car Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Autonomous Car Market
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Audi
7.2: Ford Motor Company
7.3: General Motors Company
7.4: Nissan Motor Company
7.5: Tesla Motors
7.6: Volvo Group
7.7: Toyota Motor Corporation
7.8: Waymo
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Below is a brief summary of the primary interviews that were conducted by job function for this report.
 

 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
 

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