Global Semi-Autonomous and Autonomous Vehicle Market – Industry Trends and Forecast to 2028

  • Automotive
  • Upcoming Report
  • Apr 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Semi-Autonomous and Autonomous Vehicle Market, By Component Type (Radar, Engine Control Unit, Fusion Sensor, Vision Sensor, Camera, Ranging Unit, Control Processing Unit, 3D Laser Scanners, Steering Assist Electronic Control Unit), ADAS Features (Lane Assist (LA), Crash Warning System (CWS), Blind Spot Detection (BSD), Adaptive Cruise Control (ACC), Smart Park Assist (SPA), Cross Traffic Alert (CTA), Automatic Emergency Braking (AEB), Others), Fuel Type (Internal Combustion Engine (ICE), Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV)), Level of Automation (Level 1, Level 2, Level 3, Level 4, Level 5), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Semi-Autonomous and Autonomous Vehicle Market Semi-Autonomous and Autonomous Vehicle Market Analysis and Insights

The semi-autonomous and autonomous vehicle market size is valued at USD 2,576.97 million by 2028 and is expected to grow at a compound annual growth rate of 3.3% over the forecast period of 2021 to 2028. Data Bridge Market Research report on semi-autonomous and autonomous vehicle market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Semi-autonomous vehicles have capability of driving themselves with the help of various radars, sensors and artificial intelligence but want the presence or interference of humans when they come across a situation which they cannot manage. Autonomous vehicles or self-driving vehicles are automated vehicle systems that are equipped with enhanced components, technology and involve the usage of radars, sensors and artificial intelligence to drive themselves under any circumstances. 

The semi-autonomous and autonomous vehicle market has a huge potential and is expected grow over the forecast period of 2021 to 2028, owing to the high growth in connected vehicle technology and dynamic mobility application. In addition, the rise in need for safe, productive and efficient driving option and integrity of technology are also largely influencing the growth of the semi-autonomous and autonomous vehicle market. Also the rapid advances in various in-vehicle technologies and sensors are another driver anticipated to flourish the semi-autonomous and autonomous vehicle market growth. Additionally, the increase in  rate of road accidents, have lead to the  adoption of advanced safety systems and driver assistance features such as blind-spot identification and automatic emergency braking systems thus are also expected to boost the growth of the semi-autonomous and autonomous vehicle market in the above mentioned forecast period.

However, the market of semi-autonomous and autonomous vehicle though has certain limitations which are expected to obstruct the potential growth of the market such as the rise in cyber security and safety concerns and non-availability of required infrastructure in developing countries, whereas the crowd navigation and undefined legal responsibility can challenge the growth of the semi-autonomous and autonomous vehicle market in the above mentioned forecast period.

In addition, the rapid technological advancements and strong presence of the well-established automotive industry along with rise in consumer preference and spending on lavish and high-performance vehicles are projected to offer various growth opportunities for the semi-autonomous and autonomous vehicle market in the forecast period of 2021 to 2028.

This semi-autonomous and autonomous vehicle market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the semi-autonomous and autonomous vehicle market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Semi-Autonomous and Autonomous Vehicle Market Scope and Market Size

The semi-autonomous and autonomous vehicle market is segmented on the basis of component type, ADAS features, fuel type and level of automation. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of component type, the semi-autonomous and autonomous vehicle market is segmented into radar, engine control unit, fusion sensor, vision sensor, camera, ranging unit, control processing unit, 3D laser scanners and steering assist electronic control unit.
  • On the basis of ADAS features, the semi-autonomous and autonomous vehicle market is segmented into lane assist (LA), crash warning system (CWS), blind spot detection (BSD), adaptive cruise control (ACC), smart park assist (SPA), cross traffic alert (CTA), automatic emergency braking (AEB) and others.
  • Based on fuel type, the semi-autonomous and autonomous vehicle market is segmented into internal combustion engine (ICE), hybrid electric vehicle (HEV) and battery electric vehicle (BEV).
  • The semi-autonomous and autonomous vehicle market is segmented on the basis of level of automation into level 1, level 2, level 3, level 4 and level 5.

Semi-Autonomous and Autonomous Vehicle Market Country Level Analysis

The semi-autonomous and autonomous vehicle market is analyzed and market size, volume information is provided by country, component type, ADAS features, fuel type and level of automation as referenced above.

The countries covered in the semi-autonomous and autonomous vehicle market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).

North America leads the semi-autonomous and autonomous vehicle market because of the rapid rise in the sales of automobiles and increase in various issues concerning vehicle safety. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the high production and sales of luxury vehicles as well as the technological advancement.   

The country section of the semi-autonomous and autonomous vehicle market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Semi-Autonomous and Autonomous Vehicle Market Share Analysis

The semi-autonomous and autonomous vehicle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to semi-autonomous and autonomous vehicle market.

The major players covered in the semi-autonomous and autonomous vehicle market report are ZF Friedrichshafen AG, Volkswagen AG, Daimler AG, Texas Instruments Incorporated, DENSO CORPORATION, BYD Company Ltd., Robert Bosch GmbH, AB Volvo, Nissan, BorgWarner Inc., Visteon Corporation, Continental AG, NXP Semiconductors, BMW AG, Magna International Inc., Infineon Technologies AG, Renesas Electronics Corporation, Intel Corporation, Tesla, and Valeo among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Semi-Autonomous and Autonomous Vehicle Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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