Autonomous Vehicle 2017 Global Market to Reach USD 65.3 billion and Growing at CAGR of 26.2% by 2020

Autonomous Vehicle Market 2017
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Description:

Autonomous Vehicle or driverless car or self-driving car are capable to reading and sensing the environment and operate without human input. Researcher predicts the market is projected to reach USD $65.3 billion by 2027 with 26.2% CAGR during review period of 2015-2027. 

The autonomous vehicle segmented into sensor market comprises of ultrasonic, radar, lidar, image sensor, further the market is split into by hardware that includes camera, communication systems, gps systems, it is further segmented into by type which comprises of semi-autonomous and fully autonomous.

Geographically, North America is dominating the market of Autonomous Vehicle with the market share of XX%. A study shows that by the end of 2019, US is expected to witness a health demand for autonomous vehicles. Technological advantage is the major factor which is giving the North America a leader position in the market. Europe stands as second biggest market for autonomous vehicle as population of Europe region is more adaptive towards the new technologies. Countries in the Asia-Pacific like China, Japan are helping the companies in order to understand the technology and develop them. Aging population is currently big issue in Japan and it is expected that Autonomous vehicle market will grow rapidly in this country.

 

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Key Players

The key players in the market of Autonomous vehicle are- Google (U.S.), General Motors (U.S.), Volkswagen (Germany), BMW (Germany), Ford Motor Company (U.S.), Baidu (China), Toyota (Japan), Tesla (U.S.), Audi (Germany), Jaguar (U.K.) among others. 

Study Objectives of Wearable Sensors Market Development and Demand Forecast to 2027 Market

• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Autonomous Vehicle  development and demand market
• Upcoming technologies, high growth geographies and countries were identified  
• Regional and country specific demand and forecast for wearable sensors were studied
• Key segments covered in the report are: type, application, end user, and region
• Unit breakdown for all different classification  was finalized; and same was referred for forecasting, keeping few assumptions into factor 
• For all the regions: forecast demand for all applications were identified and then with historical figure, data collected through primary and annual reports were triangulated to derive the regional market size
• Historical trend is identified to forecast and estimate the future value and volume data  

Target Audience 
• OEMs
• Component and Raw Material Suppliers 
• Service Suppliers
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager 

Key Findings
• In 2015, the North America had the largest share of ~39.08% in the market and is expected to lead the market by 2027
• APAC is likely to be the fastest growing market, due to growing radar sensor followed by image sensor, ultrasonic and others in day to day life.
• The emerging countries in Asia-Pacific, such as Japan, South Korea and China, are superior in the development and adoption of advanced technology

Regional and Country Analysis of Global Autonomous Vehicle Market Development and Demand Forecast to 2020 Market

As per the MRFR analysis, the Asia-Pacific Autonomous Vehicle market is poised to reach $XX billion in 2027, to grow at a CAGR of around 29.2% during the forecasted period. Europe and North America will grow at a CAGR of approximately 24.3% and 25.8% respectively. 

The reports also cover country level analysis:
• North America
o US
o Canada
o Mexico 
• Europe
o Germany
o U.K.
o Spain
o Netherland
o Rest of Europe
• Asia – Pacific
o Japan
o China 
o Australia
o India
o Rest of Asia Pacific

 

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Table Of Contents – Major Key Points

1 MARKET INTRODUCTION 10
1.1 INTRODUCTION 10
1.2 SCOPE OF STUDY 10
1.2.1 RESEARCH OBJECTIVE 10
1.2.2 ASSUMPTIONS 11
1.2.3 LIMITATIONS 11
1.3 MARKET STRUCTURE: 11
1.3.1 GLOBAL AUTONOMOUS VEHICLE MARKET, BY SENSOR 11
1.3.2 GLOBAL AUTONOMOUS VEHICLES MARKET: BY HARDWARE & SOFTWARE 11
1.3.3 GLOBAL AUTONOMOUS VEHICLE MARKET, BY TYPE 11
1.3.4 GLOBAL AUTONOMOUS VEHICLE MARKET, BY REGION 12

2 RESEARCH METHODOLOGY 13
2.1 RESEARCH PROCESS: 13
2.2 PRIMARY RESEARCH: 14
2.3 SECONDARY RESEARCH: 14
2.4 FORECAST MODEL: 14
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST 14
2.4.2 MARKET SIZE ESTIMATION 15
2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION 16

3 GLOBAL AUTONOMOUS VEHICLES MARKET: OVERVIEW 17
3.1 INTRODUCTION: 17
3.1.1 DEFINITION 17
3.1.2 MARKET SEGMENTATION OF AUTONOMOUS VEHICLES MARKET 17

4 GLOBAL AUTONOMOUS VEHICLES MARKET: FORECAST INDICATORS 20
4.1 INTRODUCTION: 20
4.2 GROWTH DRIVERS 20
4.2.1 AGING POPULATION 21
4.2.2 TECHNOLOGICAL ADVANCEMENT 21
4.2.3 RIDE SHARING 21
4.2.4 FUEL EFFICIENCY 21
4.3 GROWTH BARRIERS 22
4.3.1 COST 22
4.3.2 LEGAL AND LICENSING CONSIDERATIONS 22
4.3.3 CYBER RISK 23
4.4 OPPORTUNITIES 23
4.4.1 TIME 23
4.4.2 EASY PARKING AND ACCESS TO VEHICLES 24
4.4.3 HIGH DROP IN ACCIDENT RATES 24
4.5 MEGA TRENDS 24
4.5.1 HIGH INVESTMENT IN R&D 25
4.5.2 INCREASE GOVERNMENT INTEREST 25
4.6 MACROECONOMIC INDICATORS 25
4.6.1 GDP (GROSS DOMESTIC PRODUCT) 26
4.6.2 EMPLOYMENT 26

5 GLOBAL AUTONOMOUS VEHICLES MARKET ANALYSIS 27
5.1 LAWS /REGULATORY BODIES 27
5.2 PATENTS 27
5.3 VALUE CHAIN ANALYSIS 28

6 GLOBAL AUTONOMOUS VEHICLES MARKET: PORTER’S 5 FORCES ANALYSIS 30
6.1 INTRODUCTION: 30
6.2 THREAT OF NEW ENTRANTS 31
6.3 SUPPLIER’S POWER 31
6.4 THREAT OF SUBSTITUTES 32
6.5 BUYER’S POWER 32
6.6 DEGREE OF COMPETITION 32

7 GLOBAL AUTONOMOUS VEHICLES MARKET: BY SENSOR 33
7.1 INTRODUCTION: 33
7.2 MARKET SIZE (SUB SEGMENTS) 36
7.2.1 ULTRASONIC SENSORS 36
7.2.2 RADAR SENSORS 38
7.2.3 LIDAR SENSORS 39
7.2.4 IMAGE SENSOR 40
7.2.5 OTHERS (IR) 41

8 GLOBAL AUTONOMOUS VEHICLES MARKET: BY HARDWARE & SOFTWARE 42
8.1 INTRODUCTION: 42
8.1.1 CAMERAS 42
8.1.2 COMMUNICATION AND TELEMATICS 42
8.1.3 GPS SYSTEMS 43

9 GLOBAL AUTONOMOUS VEHICLES MARKET: BY TYPE 44
9.1 INTRODUCTION: 44
9.2 SEMI-AUTONOMOUS 45
9.3 FULLY AUTONOMOUS 46
9.3.1 USER-OPERATED FULLY AUTONOMOUS VEHICLES 47
9.3.2 DRIVERLESS FULLY AUTONOMOUS VEHICLES 47

10 GLOBAL AUTONOMOUS VEHICLES MARKET: BY COUNTRY 49
10.1 INTRODUCTION: 49
10.2 AMERICAS 50
10.2.1 NORTH AMERICA 50
10.3 EUROPE 54
10.4 ASIA-PACIFIC 57
10.5 ROW 59

11 GLOBAL AUTONOMOUS VEHICLES MARKET: COMPETITIVE LANDSCAPE 62
11.1 INTRODUCTION 62
11.2 KEY MARKET DEVELOPMENT TRENDS 62
11.3 PARTNERSHIPS, COLLABORATIONS AND AGREEMENTS (2014-2016) 63
11.4 INVESTMENT (2016) 64
11.5 ACHIEVEMENT (2015-2016) 65
11.6 ACQUISITION (2013-2016) 65
11.7 EXPANSION (2016) 66

Continue…….

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