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Global Level 3 Autonomous Vehicle Market 2017-2021

Global Level 3 Autonomous Vehicle Market 2017-2021

About Level 3 Autonomous Vehicles

An autonomous vehicle is a vehicle that is able to navigate and drive without any human intervention. This vehicle is equipped with an array of on-board sensors like LiDAR (light detection and ranging), radar, high resolution camera, sonars, laser scanners, and three dimensional (3D) cameras among others to gather and process information about its surroundings and navigate. The Society of Automotive Engineers (SAE) International has released a new standard J3016 for autonomous vehicles.

Technavio’s analysts forecast the global level 3 autonomous vehicle to grow at a CAGR of 23.08% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global level autonomous vehicle market for 2017-2021. To calculate the market size, the report considers a combination of top-down and bottom-up approaches.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report Global Level 3 Autonomous Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch
  • Continental
  • Delphi
  • Mobileye
  • Velodyne
Other prominent vendors
  • Apple
  • Baidu
  • Google
  • LeddarTech
  • Magna International
  • NVIDIA
  • Quanergy Systems
  • Uber
Market driver
  • Increased demand for driver assistance system
  • For a full, detailed list, view our report
Market challenge
  • Accidents due to undefined safety parameters
  • For a full, detailed list, view our report
Market trend
  • Over the air updates for automotive software
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Level 3 Autonomous Vehicle Market 2017-2021

Technavio recognizes the following companies as the key players in the global level 3 autonomous vehicle market: Bosch, Continental, Delphi, Mobileye, and Velodyne

Other Prominent Vendors in the market are: Apple, Baidu, Google, LeddarTech, Magna International, NVIDIA, Quanergy Systems, and Uber.

Commenting on the report, an analyst from Technavio’s team said: “In recent years, the number of electronic components in vehicles has increased exponentially. This is due to the growing number of installation of driver assistance and safety features in automobiles. With the advent of autonomous vehicles and connected car technology, the complexity has further increased in automobiles. Thus, electronics hardware and software are the most crucial parts of today's automobile.”

According to the report, the availability of truck-only lanes or highways in several developed areas of the globe (such as the US and Europe) are likely to offer a conducive environment for the development and deployment of semi-autonomous vehicles in the HCV segment. These factors are expected to positively impact the semi-autonomous vehicle market.

Further, the report states that the system reliability is being challenged by users, and this determines the acceptance level of users. Since the PVs market is likely to register a high number of first-time users of these autonomous technologies, customers have to be repeatedly assured on the reliability factors associated with such new technology-enabled systems and sub-systems.

Companies Mentioned

Bosch, Continental, Delphi, Mobileye, Velodyne, Apple, Baidu, Google, LeddarTech, Magna International, NVIDIA, Quanergy Systems, Uber.

  • Executive summary
  • Scope of the report
    • Market overview
    • Report coverage
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table SAE J2016 standard
    • Timeline of autonomous vehicles
    • Value chain analysis
      • Table Value chain analysis: Level 3 autonomous vehicle
    • Product life cycle
      • Table Product life cycle: Autonomous vehicle
    • Regulatory framework
      • Table NHTSA framework for vehicle performance guidance
  • Market landscape
    • Market overview
      • Table Segmentation of global level 3 autonomous vehicle market
      • Table Deployment trend of ADAS across passenger car segments 2016
    • Market size and forecast
      • Table Global level 3 autonomous vehicle market 2016-2021 (units in thousands)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Table Global level 3 autonomous vehicle market by vehicle type 2016
    • Table Global level 3 autonomous vehicle market by vehicle type 2021
    • Global level 3 autonomous PV market
      • Table Global level 3 autonomous PV market 2016-2021 (units in thousands)
      • Table Global luxury vehicle market 2016-2021 (units in millions)
    • Global level 3 autonomous LCV market
      • Table Global level 3 autonomous LCV market 2018-2021 (units in thousands)
      • Table Global e-commerce market 2016-2021 ($ trillions)
    • Global level 3 autonomous HCV market
      • Table Global level 3 autonomous HCV market 2016-2021 (units in thousands)
      • Table Global automotive truck platooning system market 2015-2020 (millions of units)
  • Market segmentation by geography
    • Table Global level 3 autonomous vehicle market by geography 2016
    • Table Global level 3 autonomous vehicle market by geography 2021
    • Level 3 autonomous vehicle market in EMEA
      • Table Level 3 autonomous vehicle market in EMEA 2016-2021 (units in thousands)
    • Level 3 autonomous vehicle market in Americas
      • Table Level 3 autonomous vehicle market in Americas 2016-2021 (units in thousands)
    • Level 3 autonomous vehicle market in APAC
      • Table Level 3 autonomous vehicle market in APAC 2016-2021 (units in thousands)
  • Market drivers
    • Increased demand for driver assistance system
      • Table Global ADAS market 2016-2021 ($ billion)
    • Availability of ITS corridors and smart road infrastructure
    • Rising importance of road safety and greener modes of transportation
      • Table US greenhouse gas emissions by sector 2016
    • Maturing autonomous vehicles concept
    • Support from auto insurance sector
    • Open platform for mapping: HD maps
  • Market challenges
    • Accidents due to undefined safety parameters
    • System reliability and uncertainty in user acceptance
    • Cybersecurity breach issues
  • Market trends
    • Over the air updates for automotive software
      • Table OTA architecture
    • Increased focus of OEMs toward development of autonomous vehicles
    • Vehicle platooning to improve fuel efficiency and traffic congestion
      • Table Key sensors and components in a platooning arrangement
      • Table Participants in vehicle platooning operation
    • Driver state monitoring
  • Vendor landscape
    • Competitive benchmarking
      • Table Benchmarking of players in global level 3 autonomous vehicle market
    • Other prominent vendors
  • Key vendor analysis
    • Table Bosch: Product portfolio
    • Table Continental: Product portfolio
    • Table Continental: Geographical segmentation by revenue 2015
    • Table Continental: Business segmentation by revenue 2015
    • Table Delphi: Product portfolio
    • Table Delphi: Geographical segmentation by revenue 2015
    • Table Mobileye: Product portfolio
    • Table Mobileye: Geographical segmentation by revenue 2015
    • Table Mobileye: Business segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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