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Market Research Report
Global Autonomous Vehicles Market 2020-2024 |
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Published by | TechNavio (Infiniti Research Ltd.) | Product code | 967789 | ||||
Published | Content info | 120 Pages Delivery time: 1-2 business days |
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Global Autonomous Vehicles Market 2020-2024 | ||
Published: September 22, 2020 | Content info: 120 Pages |
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Technavio has been monitoring the autonomous vehicles market and it is poised to grow by 5.64 mn units during 2020-2024, progressing at a CAGR of 21% during the forecast period. Our reports on the autonomous vehicles market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for autonomy of vehicles, increasing popularity of semi-autonomous vehicles, and intelligent transport systems contributing to the autonomous technology adoption. In addition, increasing demand for autonomy of vehicles is anticipated to boost the growth of the market as well.
The autonomous vehicles market analysis includes type segment and geographical landscapes.
Technavio's ‘autonomous vehicles market ’ is segmented as below:
By Type:
By Geographic Landscape:
This study identifies the development of autonomous vehicles for cab and parcel delivery services as one of the prime reasons driving the autonomous vehicles market growth during the next few years. Also, increased funding into research and development of autonomous vehicles and rising adoption of cloud-based HD maps will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the autonomous vehicles market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading autonomous vehicles market vendors that include Alphabet Inc., BMW AG, Daimler AG, Ford Motor Co., General Motors Co., Hyundai Motor Co., Intel Corp., Tesla Inc., Toyota Motor Corporation, and Volkswagen AG. Also, the autonomous vehicles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.