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Keen Insight for Industry Trend: Autonomous Vehicle Market Value Analysis by 2027

Sep 11, 2020

This latest Autonomous Vehicle report published by Global Market Monitor covers the current market dynamics and provides effective competition strategies and market guidelines for the majority of practitioners.

Automated vehicles consist of a multitude of sensors that work simultaneously to perform operations automatically without the assistance of a driver. By performing condition analysis, motion planning and trajectory control, these sensors aid in the navigation process. Increasing safety concerns and advances in automotive technology have led to the penetration and acceptance of driverless cars by the governments of countries such as the United States, Germany, China and Japan. The revision of US traffic regulations to include automated vehicles on public roads is expected to see significant growth in North America in the coming years. The National Highway Traffic Safety Administration (NHTSA), the U.S. transportation regulatory agency, allows testing of automated vehicles in several states such as Nevada, California, Florida, Michigan, and Washington, D.C. The regulations are being phased in across all U.S. states to make Autonomous vehicles transportation fully autonomous. Europe is expected to emerge as a potentially lucrative market for automated vehicles in the coming years due to the popularity of driverless cars and consumer preference for technologically advanced products. The UK Department of Transport has established a jurisdiction to drive autonomous vehicles on any public road without any additional insurance or license. The UK also established a Connected and Automated Driving Centre in 2018.

Autonomous vehicles are driverless smart cars that rely on artificial intelligence, visual computing, radar, surveillance devices, and global positioning systems to work together, allowing computers to operate motor vehicles automatically and safely without any active human intervention.

Automated vehicles provide independence of travel for non-drivers and for people with certain disabilities. They allow travelers to travel more comfortably, with greater flexibility to read, rest and even work, thus increasing productivity. They can also reduce the cost of paid drivers for commercial vehicles and taxis. Improved safety, reduced crash risk and increased road capacity, for example, will contribute significantly to the popularity of these vehicles in the marketplace.

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Major Manufacture:
Baic Motor
Faraday & Future
Changan Automobile
Saic Motor Corporation

Autonomous Vehicle End-users:
Personal Mobility
Car Sharing

Type Synopsis:
Battery Electric Vehicle (BEV)
Hybrid Vehicle (HEV & PHEV)
Internal Combustion Engine (ICE)
Fuel Cell Electric Vehicle (FCEV)

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Autonomous Vehicle Market

2 Market Trends and Competitive Landscape
3 Segmentation of Autonomous Vehicle Market by Types
4 Segmentation of Autonomous Vehicle Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Autonomous Vehicle Market in Major Countries
7 North America Autonomous Vehicle Landscape Analysis
8 Europe Autonomous Vehicle Landscape Analysis
9 Asia Pacific Autonomous Vehicle Landscape Analysis
10 Latin America, Middle East & Africa Autonomous Vehicle Landscape Analysis
11 Major Players Profile

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Autonomous Vehicle Market: Region Outlook
North America (U.S., Canada, Mexico)
Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe)
Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries)

• Autonomous Vehicle manufacturers
• Autonomous Vehicle traders, distributors, and suppliers
• Autonomous Vehicle industry associations
• Product managers, Autonomous Vehicle industry administrator, C-level executives of the industries
• Market Research and consulting firms

Report Spotlights
Detailed overview of market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprints

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