Autonomous driving is a technology which is integrated into cars to make the vehicle fully controlled and automated. Through this technology, the car is capable of guiding itself and reduces the need for human intervention. Vehicles equipped with this aforementioned autonomous technology is also referred to as self-driving cars or driverless vehicles.
MARKET DYNAMICS
Increase in the production of automobiles and need to integrate technologies in an automobile is rising, which helps driving the growth of the autonomous driving market. Nevertheless, emergence to adopt smart and connected devices within automotive is anticipated to provide healthy opportunities to the players operating in the autonomous driving market.
MARKET SCOPE
The "Global Autonomous Driving Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the autonomous driving market with detailed market segmentation by level of automation, component, application, and geography. The global autonomous driving market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading autonomous driving market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global autonomous driving market is segmented on the basis of level of automation, component, and application. Based on level of automation, the autonomous driving market is segmented into level 1, level 2, level 3, level 4, and level 5. On the basis of component, the autonomous driving market is segmented into hardware and software. Further, the autonomous driving market is segmented on the basis of application into consumer, ride sharing, car sharing, and public transit.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global autonomous driving market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The autonomous driving market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the autonomous driving market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the autonomous driving in these regions.
MARKET PLAYERS
The reports cover key developments in the autonomous driving market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from autonomous driving market are anticipated to lucrative growth opportunities in the future with the rising demand for autonomous driving in the global market. Below mentioned is the list of few companies engaged in the autonomous driving market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the autonomous driving market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Continental AG
- Daimler AG
- Ford Motor Company
- General Motors Company
- Intel Corporation
- NVIDIA Corporation
- Tesla, Inc.
- Toyota Motor Corporation
- Volvo Car Corporation
- Volkswagen Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.