The global autonomous vehicle market is experiencing an exponential growth rate due to the rising concerns for improving road safety and ease of driving experience. This high scale of growth of the autonomous vehicle industry is subsequently influencing the market, wherein companies are testing the efficiency and feasibility of their automated systems. Furthermore, usage of automated vehicles is expected to decrease the overall road congestion, therefore, improving the traffic flow to a certain level. The different level of vehicle automation include level 1 (Advanced Driver Assistance Systems), level 2 (partial automation), level 3 (conditional automation), level 4 (high automation) and level 5 (fully autonomous). By analysis, the number of vehicles (both passenger cars and commercial vehicles) equipped with level 2 autonomous systems in 2016, is estimated to be 2.73 million units.

Following points provide a comprehensive description of the report content and the topics covered in the report:
  • This report identifies the global autonomous vehicle market under different segments such as by technology, vehicle type, and geography
  • The study includes the market analysis and forecast of global autonomous vehicle market for different level of automation in period 2015 to 2025. The study incorporates the market value of level 1 automated systems (in both passenger cars and commercial vehicles) and volume of level 2 equipped vehicles (both passenger cars and commercial vehicles) for the forecast period
  • The report covers the technology- penetration of level 3, level 4 and level 5 autonomous system in passenger cars for the years 2015, 2020 and 2025
  • It examines the prime supply and demand side factors affecting the growth of the market along with the current and future trends prevalent in the global autonomous vehicle market.
  • The report further presents a detailed examination of autonomous vehicle market along the lines of market drivers, restraints, and growth opportunities
  • The report also highlights strategic benchmarking followed by the major OEM’s
  • A detailed competitive analysis has been included in this report which focuses on the key market developments & strategies followed by the key players in the market.
  • The report also includes patent analysis and the investment scenario original equipment manufacturers (OEMs)
  • Autonomous vehicle market has been analyzed for all geographies including North America, Europe, Asia-Pacific, and Rest of the World with further analysis with respect to the level of automation. Further, individual regions has been segmented and analyzed according to major countries.
  • The key market players are analyzed and profiled in detail in the report. This section covers business financials, company snapshots, key products & services, major developments, and future programs (if any).