Global Autonomous Vehicles Market 2023-2027

Global Autonomous Vehicles Market 2023-2027

Technavio has been monitoring the autonomous vehicles market and it is poised to grow by $319.41 bn during 2023-2027, accelerating at a CAGR of 38.45% during the forecast period. Our report on the autonomous vehicles market provides 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 the autonomy of vehicles by OEMs, the increasing popularity of semi-autonomous vehicles, and intelligent transport system contributing to the autonomous technology adoption.

Technavio's autonomous vehicles market is segmented as below:

By Application

  • Transportation and logistics
  • Military and defense
By Product
  • ASIC
  • GPU
  • Others
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
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 for research and development of autonomous vehicles and the rising adoption of cloud-based HD maps will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by 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 AB Volvo, Alphabet Inc., Amazon.com Inc., Baidu Inc., BMW AG, Continental AG, Ford Motor Co., General Motors Co, Honda Motor Co. Ltd, Hyundai Motor Co, Intel Corp., Mercedes Benz Group AG, Navistar International Corp., Renault SAS, Robert Bosch GmbH, Stellantis NV, Tesla Inc., Toyota Motor Corp., 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 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 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 primary and secondary research. 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 accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Vehicle Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global autonomous vehicles market 2017 - 2021
      • Table Historic Market Size – Data table on global autonomous vehicles market 2017 - 2021 ($ billion)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • Vehicle Type Segment Analysis 2017 - 2021
      • Table Historic Market Size – Vehicle Type Segment 2017 - 2021 ($ billion)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Transportation and logistics - Market size and forecast 2022-2027
      • Table Chart on Transportation and logistics - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Transportation and logistics - Market size and forecast 2022-2027 ($
      • Table Chart on Transportation and logistics - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Transportation and logistics - Year-over-year growth 2022-2027 (%)
    • Military and defense - Market size and forecast 2022- 2027
      • Table Chart on Military and defense - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Military and defense - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Military and defense - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Military and defense - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ billion)
  • Market Segmentation by Vehicle Type
    • Market segments
      • Table Chart on Vehicle Type - Market share 2022-2027 (%)
      • Table Data Table on Vehicle Type - Market share 2022-2027 (%)
    • Comparison by Vehicle Type
      • Table Chart on Comparison by Vehicle Type
      • Table Data Table on Comparison by Vehicle Type
    • Autonomous passenger car sales - Market size and forecast 2022-2027
      • Table Chart on Autonomous passenger car sales - Market size and forecast 2022-2027 ($
      • Table Data Table on Autonomous passenger car sales - Market size and forecast 2022-2027 ($
      • Table Chart on Autonomous passenger car sales - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Autonomous passenger car sales - Year-over-year growth 2022-2027 (%)
    • Autonomous commercial vehicles sales - Market size and forecast 2022-2027
      • Table Chart on Autonomous commercial vehicles sales - Market size and forecast 2022-2027 ($
      • Table Data Table on Autonomous commercial vehicles sales - Market size and forecast 2022-
      • Table Chart on Autonomous commercial vehicles sales - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Autonomous commercial vehicles sales - Year-over-year growth 2022-2027
    • Market opportunity by Vehicle Type
      • Table Market opportunity by Vehicle Type ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • France - Market size and forecast 2022-2027
      • Table Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on France - Year-over-year growth 2022-2027 (%)
      • Table Data Table on France - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • 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
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Development of autonomous vehicles for cab and parcel delivery services
      • Increased funding for research and development of autonomous vehicles
      • Rising adoption of cloud-based HD maps
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AB Volvo
      • Table AB Volvo - Overview
      • Table AB Volvo - Business segments
      • Table AB Volvo - Key offerings
      • Table AB Volvo - Segment focus
    • 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
    • Baidu Inc.
      • Table Baidu Inc. - Overview
      • Table Baidu Inc. - Business segments
      • Table Baidu Inc. - Key offerings
      • Table Baidu Inc. - Segment focus
    • BMW AG
      • Table BMW AG - Overview
      • Table BMW AG - Business segments
      • Table BMW AG - Key offerings
      • Table BMW AG - Segment focus
    • Continental AG
      • Table Continental AG - Overview
      • Table Continental AG - Business segments
      • Table Continental AG - Key offerings
      • Table Continental 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
    • Honda Motor Co. Ltd
      • Table Honda Motor Co. Ltd - Overview
      • Table Honda Motor Co. Ltd - Business segments
      • Table Honda Motor Co. Ltd - Key news
      • Table Honda Motor Co. Ltd - Key offerings
      • Table Honda Motor Co. Ltd - 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
    • Mercedes Benz Group AG
      • Table Mercedes Benz Group AG - Overview
      • Table Mercedes Benz Group AG - Business segments
      • Table Mercedes Benz Group AG - Key offerings
      • Table Mercedes Benz Group AG - Segment focus
    • Navistar International Corp.
      • Table Navistar International Corp. - Overview
      • Table Navistar International Corp. - Business segments
      • Table Navistar International Corp. - Key offerings
      • Table Navistar International Corp. - Segment focus
    • Renault SAS
      • Table Renault SAS - Overview
      • Table Renault SAS - Product / Service
      • Table Renault SAS - Key news
      • Table Renault SAS - Key offerings
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Key news
      • Table Robert Bosch GmbH - Key offerings
      • Table Robert Bosch GmbH - Segment focus
    • Volkswagen AG
      • Table Volkswagen AG - Overview
      • Table Volkswagen AG - Business segments
      • Table Volkswagen AG - Key offerings
      • Table Volkswagen AG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • 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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