Autonomous Cars Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026 - PowerPoint PPT Presentation

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Autonomous Cars Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026

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Autonomous Cars Market is likely to witness a robust CAGR of more than 22.0%, during the forecast period. The global market is significantly propelled by the increasing integration of digitization in the modern-day vehicles, supportive government initiatives, emphasis on vehicular safety, and policies for vehicular automation. – PowerPoint PPT presentation

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Title: Autonomous Cars Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026


1
Presents a Research Report on
Autonomous Cars Market
The Autonomous Cars Market is Segmented by Level
of Autonomy (Level-1, Level-2, Level-3, and
Level-4), by Type (Internal Combustion Engine
(ICE) Vehicle, Hybrid Electric Vehicle (HEV), and
Battery Electric Vehicle (BEV)), and by Region.


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2
Autonomous Cars Market Growth and Forecast
Highlights Drivers
  • Autonomous Cars Market is likely to witness a
    robust CAGR of more than 22.0, during the
    forecast period. The global market is
    significantly propelled by the increasing
    integration of digitization in the modern-day
    vehicles, supportive government initiatives,
    emphasis on vehicular safety, and policies for
    vehicular automation.
  • Also, in the recent years, a number of automobile
    manufacturers have contributed to the development
    of either semi-autonomous or fully autonomous
    cars and they are actively engaged in the
    integration of automation features in the
    vehicles, which has immensely fueled the market
    growth.
  • One of the major factors responsible for the
    market growth is the norms regulations set by
    the government, w.r.t passenger safety.
  • Also, the mounting number of vehicular accidents
    globally, boost the demand for autonomous
    vehicles.
  • Apart from the government support, there has been
    a surging demand for the advanced driver
    assistance systems (ADAS) in vehicles, which has
    resulted in accelerating the market progress.
  • These factors are the primary drivers of the
    market, which have amplified the overall traction
    of the market.
  • Autonomous cars are referred to vehicles capable
    of sensing their environment and moving safely
    with minimal or no human aid.
  • These cars use several sensors such as GPS,
    LIDAR, and RADAR, among others, in order to
    perceive their respective surroundings.

3
Market Insights
  • By Level of Autonomy Type
  • The market is segmented into Level 1, Level 2,
    Level 3 and Level 4. In 2020, Level 1 cars
    accounted for a large share of the overall
    market.
  • With the growing demands for vehicular and
    driver/passenger safety concerns, several
    governments are charting out initiatives to
    improve the safety of cars.
  • In various countries, they are encouraging
    consumers to use advanced driver assistance
    systems (ADAS).
  • As a result, a number of automobile manufacturers
    have engaged in the integration of Level 1
    automation in their vehicles.
  • Moreover, Level 4 cars havent been launched in
    the market yet and are still under the RD phase.
  • Therefore, there is a significant demand for
    Level 1 cars currently.
  • By Type
  • The market is segmented into internal combustion
    engine (ICE) vehicle, hybrid electric vehicle
    (HEV), and battery electric vehicle (BEV).
  • As of 2020, the cars propelled by ICE are leading
    the global autonomous cars market, with the
    largest market share.
  • Although, there has been a high demand for
    electric vehicles in the recent years, there is
    still a strong demand for ICE-propelled cars in
    the developing economies such as India, China,
    South Africa, Indonesia, and Brazil, among
    others.
  • Also, the necessary infrastructure for electric
    vehicles is not adequate in developing countries,
    which in turn, increases the demand for
    ICE-propelled vehicles.
  • Hence, it is estimated that the internal
    combustion engine (ICE) vehicle market
    sub-segment would gain the maximum traction and
    grow steadily during the forecast period.

4
Market Insights
  • By Region
  • The market is segmented into North America,
    Europe, Asia-Pacific, and Rest of the world.
    Among these regions, Europe is expected to have
    dominance in the market for autonomous cars
    throughout the forecast period.
  • The region is home to several leading automobile
    manufacturers across the globe, such as Daimler
    AG, BMW AG, Volkswagen, and Volvo Car
    Corporation, among others.
  • The market in the region is largely driven by
    extensive investments of car manufacturers along
    with the supportive government initiatives for
    the market.
  • In addition, several European countries such as
    Germany, the UK, and France, have already
    promoted the use of the autonomous cars on the
    roads and highways.
  • North America and Europe are also expected to
    offer considerable growth opportunities over the
    forecast period.

5
Competitive Insights
Autonomous Cars Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed
  • BMW AG
  • Robert Bosch GmbH
  • Daimler AG
  • Ford Motor Company
  • Honda Motor Co., Ltd.
  • Hyundai Motor Company
  • Tesla
  • TOYOTA MOTOR CORPORATION
  • Volkswagen
  • Volvo Car Corporation.

6
Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
  • Annual Reports / Fact Book
  • Company Websites
  • Magazines / Publications
  • Press Releases Journals
  • Industry News
  • Association Articles
  • Government Documents
  • Social Media
  • Others
  • Robust database across value chain
  • In-house industry veterans as advisors
  • Project based subject matter experts
  • Industry Players
  • Industry Experts
  • Suppliers
  • Customers
  • Associations
  • Government Institutions
  • Others

7
Report Features
  • This report provides market intelligence in the
    most comprehensive way. The report structure has
    been kept such that it offers maximum business
    value. It provides critical insights on the
    market dynamics and will enable strategic
    decision making for the existing market players
    as well as those willing to enter the market. The
    following are the key features of the report
  • Market structure Overview, industry life cycle
    analysis, supply chain analysis.
  • Market environment analysis Growth drivers and
    constraints, Porters five forces analysis, SWOT
    analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics Market share,
    product portfolio, product launches, etc.
  • Attractive market segments and associated growth
    opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing
    and new players.
  • Key success factors.

8
Market Segmentation
  • The autonomous cars market is segmented into the
    following categories.
  • Autonomous Cars Market Size, Share, Forecast,
    by Level of Autonomy
  • Level 1 (Regional Analysis North America,
    Europe, Asia-Pacific, and RoW)
  • Level 2 (Regional Analysis North America,
    Europe, Asia-Pacific, and RoW)
  • Level 3 (Regional Analysis North America,
    Europe, Asia-Pacific, and RoW)
  • Level 4 (Regional Analysis North America,
    Europe, Asia-Pacific, and RoW)
  • Autonomous Cars Market Size, Share, Forecast,
    by Type
  • Internal Combustion Engine (ICE) Vehicle
    (Regional Analysis North America, Europe,
    Asia-Pacific, and RoW)
  • Hybrid Electric Vehicle (HEV) (Regional Analysis
    North America, Europe, Asia-Pacific, and RoW)
  • Battery Electric Vehicle (BEV) (Regional
    Analysis North America, Europe, Asia-Pacific,
    and RoW)
  • Autonomous Cars Market Size, Share, Forecast,
    by Region
  • North America (Country Analysis the USA, Canada,
    and Mexico)
  • Europe (Country Analysis Germany, France, the
    UK, Russia, Spain, and Rest of Europe)
  • Asia-Pacific (Country Analysis China, Japan,
    India, South Korea, and Rest of Asia-Pacific)
  • Rest of the World (Sub-Region Analysis Latin
    America, the Middle East, and Others)

9
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
10
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11
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