Autonomous Vehicle Market by Level of Automation (Level 3, Level 4, and Level 5) and Component (Hardware, Software, and Service) and Application (Civil, Robo Taxi, Self-driving Bus, Ride Share, Self-driving Truck, and Ride Hail) - Global Opportunity Analy

In 2019, the level 3 segment is estimated to dominate the global autonomous vehicle market based on the level of automation segment, in terms of revenue. Furthermore, based on component, hardware is projected to lead the global market, followed by software in 2019. Autonomous vehicles use artificial intelligence (AI) software, light detection & ranging (LiDAR), and RADAR sensing technology which further is used to monitor a 60-meter range around the car and form active 3D map of the current environment.

Allied Market Research published a report, titled, Autonomous Vehicle Market by Level of Automation, Component, and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026, The global autonomous vehicle market would garner $54.23 billion in 2019, and is expected to garner $556.67 billion by 2026, with a CAGR of 39.47% from 2019 to 2026. North America accounted for the largest share in the market, followed by Europe. The U.S. would hold the dominant share in the North America market, while the U.K. is expected to maintain its leadership status in Europe.

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The reduction of rate of accidents due to manual errors and lesser carbon dioxide emissions drive the growth in the global autonomous vehicle market. Moreover, less amount of battery capacity and reduced consumption of gas supplement the market growth. However, less consumer acceptance and the rise in threat of hacking hamper the growth.

The autonomous vehicle market is segmented based on level of automation, component, application, and region. Based on level of automation, the market is divided into level 3, level 4, and level 5. By component, it is classified into hardware, software, and service. The applications discussed in this study are civil, robo taxi, ride hail, ride share, self-driving truck, and self-driving bus. Based on region, the market is analyzed across North America, Europe, AsiaPacific, and LAMEA.

Development of smart cities and rise in demand for connected cars using internet of things (IoT), help solve the problem of traffic congestion, and impact the growth of the market. In addition, development in automotive sector, demand for the luxury cars, government regulation, high cost, and the burgeoning threat from hackers in driving operation also affect the growth of the global autonomous vehicle market. These factors are anticipated to either drive or hamper the market growth.

Through Internet of Things, car drivers improve their performance by receiving the real-time feedback from high speed in-memory computing systems inbuilt in connected cars. These inbuilt computers offer features such as collecting, analyzing, and storing data which helps for making decisions. The wide adoption of connected cars is expected to create lucrative opportunities for autonomous and semi-autonomous vehicles.

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The key players profiled in the report are General Motors, Daimler AG, Ford Motor Company., Volkswagen Group, BMW AG, Renault-Nissan-Mitsubishi alliance, Volvo-Autoliv-Ericsson-Zenuity alliance, Groupe SA, AB Volvo, Toyota Motor Corporation, and Tesla Inc. Other companies in accordance with auto suppliers are Robert Bosch GMBH, Aptiv, Continental AG, and Denso Corporation. Also by technology providers, it includes Waymo, NVDIA Corporation, Intel Corporation, Baidu, and Samsung. And based on AV as service provider, it includes Uber, Lyft, and Didi Chuxing.

Key Findings of the Autonomous Vehicle Market:

• The level of automation segment is estimated to generate the highest revenue in the global autonomous vehicle market in 2019
• In 2019, the level 3 segment is projected to be the highest revenue contributor in the level of automation segment
• Europe is anticipated to exhibit the highest CAGR during the forecast period
• In 2019, North America contributed the highest market share, followed by, Europe, Asia Pacific and LAMEA

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. TOP IMPACTING FACTORS
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. TOP WINNING STRATEGIES, BY YEAR, 2015-2018*
FIGURE 06. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2018* (%)
FIGURE 07. TOP WINNING STRATEGIES, BY COMPANY, 2015-2018*
FIGURE 08. MARKET EVOLUTION
FIGURE 09. INDUSTRY ROADMAP
FIGURE 10. GLOBAL MARKET SHARE (VALUE) ANALYSIS BY AV MAKERS (2019)
FIGURE 11. U.S. MARKET SHARE (VALUE) ANALYSIS BY AV MAKERS (2019)
FIGURE 12. GLOBAL MARKET SHARE (VOLUME) ANALYSIS BY AV MAKERS (2019)
FIGURE 13. U.S. MARKET SHARE (VOLUME) ANALYSIS BY AV MAKERS (2019)
FIGURE 14. GLOBAL MARKET SHARE ANALYSIS BY AUTO SUPPLIERS (2019)
FIGURE 15. GLOBAL MARKET SHARE ANALYSIS BY TECHNOLOGY PROVIDERS (2019)
FIGURE 16. GLOBAL MARKET SHARE ANALYSIS BY CIVIL AND COMMERCIAL VEHICLE
FIGURE 17. GLOBAL AUTONOMOUS VEHICLE MARKET, BY LEVEL OF AUTOMATION, 2019-2026
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF LEVEL 3 AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF LEVEL 4 AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2020 & 2026 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF LEVEL 5 AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2025 & 2026 (%)
FIGURE 21. GLOBAL AUTONOMOUS VEHICLE MARKET, BY APPLICATION, 2019-2026
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF CIVIL AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF ROBO TAXI AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF RIDE HAIL AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF RIDE SHARE AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF SELF DRIVING TRUCK AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF SELF DRIVING BUS AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 28. GLOBAL AUTONOMOUS VEHICLE MARKET, BY COMPONENT, 2019-2026
FIGURE 29. GLOBAL AUTONOMOUS HARDWARE MARKET BY VALUE, 2019-2026($BILLION)
FIGURE 30. GLOBAL AUTONOMOUS HARDWARE MARKET BY VOLUME, 2019-2026(THOUSAND UNITS)
FIGURE 31. GLOBAL ULTRASONIC AUTONOMOUS VEHICLE MARKET BY VALUE, 2019-2026($BILLION)
FIGURE 32. GLOBAL ULTRASONIC AUTONOMOUS VEHICLE MARKET, BY VOLUME 2019-2026(THOUSAND UNITS)
FIGURE 33. GLOBAL LIDAR AUTONOMOUS VEHICLE MARKET BY VALUE, 2019-2026($BILLION)
FIGURE 34. GLOBAL LIDAR AUTONOMOUS VEHICLE MARKET BY VOLUME, 2019-2026(THOUSAND UNITS)
FIGURE 35. GLOBAL RADAR AUTONOMOUS VEHICLE MARKET BY VALUE, 2019-2026($BILLION)
FIGURE 36. GLOBAL RADAR AUTONOMOUS VEHICLE MARKET BY VOLUME, 2019-2026 (THOUSAND UNITS)
FIGURE 37. GLOBAL VISION SYSTEM AUTONOMOUS VEHICLE MARKET BY VALUE, 2019-2026($BILLION)
FIGURE 38. GLOBAL VISION SYSTEM AUTONOMOUS VEHICLE MARKET BY VOLUME, 2019-2026 (THOUSAND UNITS)
FIGURE 39. GLOBAL GPS RECEIVER AUTONOMOUS VEHICLE MARKET BY VALUE, 2019-2026($BILLION)
FIGURE 40. GLOBAL GPS RECEIVER AUTONOMOUS VEHICLE MARKET BY VOLUME, 2019-2026(THOUSAND UNITS)
FIGURE 41. GLOBAL OTHERS AUTONOMOUS VEHICLE MARKET BY VALUE, 2019-2026($BILLION)
FIGURE 42. GLOBAL OTHERS AUTONOMOUS VEHICLE MARKET BY VOLUME, 2019-2026(THOUSAND UNITS)
FIGURE 43. GLOBAL OTHER HARDWARE AUTONOMOUS VEHICLE MARKET BY VALUE, 2019-2026($BILLIONS)
FIGURE 44. GLOBAL OTHER HARDWARE AUTONOMOUS VEHICLE MARKET BY VOLUME, 2019-2026(THOUSAND UNITS)
FIGURE 45. COMPARATIVE SHARE ANALYSIS OF HARDWARE AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 46. COMPARATIVE SHARE ANALYSIS OF SOFTWARE AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 47. COMPARATIVE SHARE ANALYSIS OF SERVICE AUTONOMOUS VEHICLE MARKET, BY COUNTRY, 2019 & 2026 (%)
FIGURE 48. U.S. AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 49. U.S. AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 50. CANADA AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 51. MEXICO AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 52. UK AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 53. GERMANY AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 54. FRANCE AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 55. RUSSIA AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 56. REST OF EUROPE AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 57. CHINA AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 58. INDIA AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 59. JAPAN AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 60. AUSTRALIA AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 61. REST OF ASIA-PACIFIC AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 62. LATIN AMERICA AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 63. MIDDLE EAST AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 64. AFRICA AUTONOMOUS VEHICLE MARKET REVENUE, 2019-2026($BILLION)
FIGURE 65. AB VOLVO: NET SALES, 2015-2017 ($MILLION)
FIGURE 66. AB VOLVO: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 67. AB VOLVO: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 68. SWOT ANALYSIS
FIGURE 69. AUTOLIV: NET SALES, 2015-2017 ($MILLION)
FIGURE 70. AUTOLIV: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 71. AUTOLIV: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 72. SWOT ANALYSIS
FIGURE 73. BMW: NET SALES, 2015-2017 ($MILLION)
FIGURE 74. BMW: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 75. BMW: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 76. SWOT ANALYSIS
FIGURE 77. SWOT ANALYSIS
FIGURE 78. DAIMLER AG: REVENUE, 2015-2017 ($MILLION)
FIGURE 79. DAIMLER AG: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 80. DAIMLER AG: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 81. SWOT ANALYSIS
FIGURE 82. FORD MOTOR COMPANY: REVENUE, 2015-2017 ($MILLION)
FIGURE 83. FORD MOTOR COMPANY: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 84. FORD MOTOR COMPANY: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 85. SWOT ANALYSIS
FIGURE 86. GENERAL MOTORS COMPANY: REVENUE, 2015-2017 ($MILLION)
FIGURE 87. GENERAL MOTORS COMPANY: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 88. GENERAL MOTORS COMPANY: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 89. SWOT ANALYSIS
FIGURE 90. GROUPE PSA: REVENUE, 2015-2017 ($MILLION)
FIGURE 91. GROUPE PSA: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 92. GROUPE PSA: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 93. SWOT ANALYSIS
FIGURE 94. INTEL CORPORATION: REVENUE, 2015-2017 ($MILLION)
FIGURE 95. INTEL CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 96. INTEL CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 97. SWOT ANALYSIS
FIGURE 98. MITSUBISHI MOTORS CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 99. MITSUBISHI MOTORS CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 100. SWOT ANALYSIS
FIGURE 101. NISSAN MOTOR CO., LTD.: REVENUE, 2014-2016 ($MILLION)
FIGURE 102. SWOT ANALYSIS
FIGURE 103. RENAULT SA: REVENUE, 2015-2017 ($MILLION)
FIGURE 104. RENAULT SA: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 105. RENAULT SA: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 106. SWOT ANALYSIS
FIGURE 107. RENAULTNISSANMITSUBISHI ALLIANCE: REVENUE SHARE BY PARTNERS, 2016 (%)
FIGURE 108. SWOT ANALYSIS
FIGURE 109. TELEFONAKTIEBOLAGET LM ERICSSON: REVENUE, 2015-2017 ($MILLION)
FIGURE 110. TELEFONAKTIEBOLAGET LM ERICSSON: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 111. TELEFONAKTIEBOLAGET LM ERICSSON: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 112. SWOT ANALYSIS
FIGURE 113. TESLA, INC.: NET SALES, 2015-2017 ($MILLION)
FIGURE 114. TESLA, INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 115. TESLA, INC.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 116. SWOT ANALYSIS
FIGURE 117. TOYOTA MOTOR CORPORATION: NET SALES, 2015-2017 ($MILLION)
FIGURE 118. TOYOTA MOTOR CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 119. TOYOTA MOTOR CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 120. SWOT ANALYSIS
FIGURE 121. SWOT ANALYSIS
FIGURE 122. VOLKSWAGEN AG: NET SALES, 2015-2017 ($MILLION)
FIGURE 123. VOLKSWAGEN AG: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 124. VOLKSWAGEN AG: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 125. SWOT ANALYSIS
FIGURE 126. SWOT ANALYSIS
FIGURE 127. APTIV PLC: REVENUE, 2015-2017 ($MILLION)
FIGURE 128. APTIV PLC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 129. APTIV PLC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 130. SWOT ANALYSIS
FIGURE 131. CONTINENTAL: NET SALES, 2015-2017 ($MILLION)
FIGURE 132. CONTINENTAL: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 133. CONTINENTAL: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 134. SWOT ANALYSIS
FIGURE 135. DENSO: NET SALES, 2015-2017 ($MILLION)
FIGURE 136. DENSO: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 137. DENSO: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 138. SWOT ANALYSIS
FIGURE 139. ROBERT BOSCH GMBH: REVENUE, 2015-2017 ($MILLION)
FIGURE 140. ROBERT BOSCH GMBH: REVENUE BY SEGMENT, 2017 (%)
FIGURE 141. ROBERT BOSCH GMBH: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 142. SWOT ANALYSIS
FIGURE 143. ZF: NET SALES, 2015-2017 ($MILLION)
FIGURE 144. ZF: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 145. ZF: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 146. SWOT ANALYSIS
FIGURE 147. ALPHABET INC.: NET SALES, 2015-2017 ($MILLION)
FIGURE 148. ALPHABET INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 149. ALPHABET INC.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 150. SWOT ANALYSIS
FIGURE 151. BAIDU, INC.: REVENUE, 2015-2017 ($MILLION)
FIGURE 152. BAIDU, INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 153. SWOT ANALYSIS
FIGURE 154. SWOT ANALYSIS
FIGURE 155. SWOT ANALYSIS
FIGURE 156. SWOT ANALYSIS
FIGURE 157. NVIDIA: NET SALES, 2015-2017 ($MILLION)
FIGURE 158. NVIDIA: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 159. NVIDIA: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 160. SWOT ANALYSIS
FIGURE 161. SWOT ANALYSIS
FIGURE 162. SWOT ANALYSIS
FIGURE 163. SWOT ANALYSIS

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