Global Autonomous Vehicles Market 2020-2024

Global Autonomous Vehicles Market 2020-2024

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

  • Passenger cars
  • Commercial vehicles
By Geographical Landscapes
  • North America
  • Europe
  • APAC
  • South America
  • MEA
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:
  • Autonomous vehicles market sizing
  • Autonomous vehicles market forecast
  • Autonomous vehicles market industry analysis
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.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Automotive market
      • Inputs
      • Inbound logistics
      • Automobile manufacturers
      • Distribution and logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations:
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019-2024
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2019-2024 (million units)
        • Table Global autonomous vehicles market 2019-2024 (million units), exclusive of COVID-19 impact
        • Table Global market: Year-over-year growth 2019-2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Vehicle type
    • Market segments
      • Table Vehicle type - Market share 2019-2024 (%)
    • Comparison by Vehicle type
      • Table Comparison by Vehicle type
    • Passenger cars - Market size and forecast 2019- 2024
      • Table Passenger cars - Market size and forecast 2019-2024 (million units)
      • Table Passenger cars segment of global autonomous vehicles market 2019-2024 (million units), exclusive of COVID-19 impact
      • Table Passenger cars - Year-over-year growth 2019-2024 (%)
    • Commercial vehicles - Market size and forecast 2019-2024
      • Table Commercial vehicles - Market size and forecast 2019-2024 (million units)
      • Table Commercial vehicles segment of global autonomous vehicles market 2019- 2024 (million units), exclusive of COVID-19 impact
      • Table Commercial vehicles - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Vehicle type
      • Table Market opportunity by Vehicle type
  • Customer landscape
    • Overview
      • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 (million units)
      • Table Autonomous vehicles market in North America 2019-2024 (million units), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 (million units)
      • Table Autonomous vehicles market in Europe 2019-2024 (million units), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 (million units)
      • Table Autonomous vehicles market in APAC 2019-2024 (million units), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 (million units)
      • Table Autonomous vehicles market in South America 2019-2024 (million units), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 (million units)
      • Table Autonomous vehicles market in MEA 2019-2024 (million units), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography (million units)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing demand for autonomy of vehicles by OEMs
      • Increasing popularity of semi-autonomous vehicles
      • Intelligent transport system contributes to the autonomous technology adoption
    • Market challenges
      • High driver distraction with increase in vehicle automation
      • System reliability and uncertainty in user acceptance of autonomous features
      • Concerns related to cybersecurity
        • Table Impact of drivers and challenges
    • Market trends
      • Development of autonomous vehicles for cab and parcel delivery services
      • Increased funding into research and development of autonomous vehicles
      • Rising adoption of cloud-based HD maps
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alphabet Inc.
      • Table Alphabet Inc. - Overview
      • Table Alphabet Inc. - Business segments
      • Table Alphabet Inc. - Key news
      • Table Alphabet Inc. - Key offerings
      • Table Alphabet Inc. - Segment focus
    • BMW AG
      • Table BMW AG - Overview
      • Table BMW AG - Business segments
      • Table BMW AG - Key news
      • Table BMW AG - Key offerings
      • Table BMW AG - Segment focus
    • Daimler AG
      • Table Daimler AG - Overview
      • Table Daimler AG - Business segments
      • Table Daimler AG - Key news
      • Table Daimler AG - Key offerings
      • Table Daimler AG - Segment focus
    • Ford Motor Co.
      • Table Ford Motor Co. - Overview
      • Table Ford Motor Co. - Business segments
      • Table Ford Motor Co. - Key news
      • Table Ford Motor Co. - Key offerings
      • Table Ford Motor Co. - Segment focus
    • General Motors Co.
      • Table General Motors Co. - Overview
      • Table General Motors Co. - Business segments
      • Table General Motors Co. - Key news
      • Table General Motors Co. - Key offerings
      • Table General Motors Co. - Segment focus
    • Hyundai Motor Co.
      • Table Hyundai Motor Co. - Overview
      • Table Hyundai Motor Co. - Business segments
      • Table Hyundai Motor Co. - Key news
      • Table Hyundai Motor Co. - Key offerings
      • Table Hyundai Motor Co. - Segment focus
    • Intel Corp.
      • Table Intel Corp. - Overview
      • Table Intel Corp. - Business segments
      • Table Intel Corp. - Key news
      • Table Intel Corp. - Key offerings
      • Table Intel Corp. - Segment focus
    • Tesla Inc.
      • Table Tesla Inc. - Overview
      • Table Tesla Inc. - Business segments
      • Table Tesla Inc. - Key news
      • Table Tesla Inc. - Key offerings
      • Table Tesla Inc. - Segment focus
    • Toyota Motor Corporation
      • Table Toyota Motor Corporation - Overview
      • Table Toyota Motor Corporation - Business segments
      • Table Toyota Motor Corporation - Key news
      • Table Toyota Motor Corporation - Key offerings
      • Table Toyota Motor Corporation - Segment focus
    • Volkswagen AG
      • Table Volkswagen AG - Overview
      • Table Volkswagen AG - Business segments
      • Table Volkswagen AG - Key news
      • Table Volkswagen AG - Key offerings
      • Table Volkswagen AG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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