Driverless Cars Market To 2024: Key Automation Level (Level 1, Level 2, Level 3), Component Categories (Sensor, Camera, Navigation System, Central Computing System), Regional Segmentation, Competitive Dynamics, M&A Insights, Pricing Analysis (OPP, IPP, RAP) And Segment Forecast

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Global Driverless Car demand is expected to reach 138,561 Units by 2024 and is estimated to grow at a CAGR of over 85% from 2017 to 2024.

 

Driverless car leverages the sophisticated technology delivered by the innovative temperature sensors, IR sensors, proximity sensors along with actuators giving them the robotics capabilities. According to the research conducted by National Highway Traffic Safety Association (NHTSA), adoption of the driverless vehicle in the U.S. has the tendency to save up to 69 deaths caused by road accidents.

 

The U.S. and Sweden are expected to be the early adopter of the Driverless cars with early launch mainly by the U.S. technology group, Alphabet Inc. (Google) and the Swedish automaker Volvo Group. In addition to the aforementioned players, Tesla Motors is an emerging player with several positive tests conducted over the last two years. Further, in May 2016, Apple Inc., a competitor to Google, have invested approximately $1 Billion into the Chinese ride sharing company, Didi Chuxing primarily to develop the self-driving technology. This move is widely expected to offer Apple Inc. a major foothold in the lucrative Chinese automobile industry.

 

Driverless/Driverless Car Market, By region, 2017 – 2024 (Units)

Driverless Driverless Car Market By region 2017 - 2024

The market growth is highly dependent on the traffic regulations followed in a country. The current traffic regulations require a driver to have full control over an automobile in every circumstance. However, development of semi-driverless vehicles with the inclusion of several features such as Adaptive Cruise Control (ACC), and Anti Braking System (ABS) have instigated government worldwide to amend the aforementioned regulation. For instance, New Zealand, Germany, Sweden, the Netherlands and the U.S., are amending traffic regulations, thereby creating a pathway for driverless automobiles.

 

“Optimal Price Point (OPP) for PAH Treatment”

 

Estimated Average car cost – $ xx globally. However, with large scale technology adoption, OPP, and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

“Driverless car to be boon for teenagers and retired persons”

 

According to the age group, the driverless automobiles are generally expected to be adopted by teenagers with no driving license or old age retired individual. The old age individuals might be suffering from different diseases which may increase the accident probability. In Japan, more than 80% of the road accidents involve individuals with age above 55 years. The adoption of the driverless car is anticipated to drastically reduce the accident rates over the forecast period.

 

“Notable industry participants include Tesla Motors, Alphabet Inc., Volvo Group and Apple Inc.”

 

Key players include Tesla Motors, Alphabet Inc., Volvo Group, Baidu Inc., Uber Technologies Inc., Nissan Motor Company and Apple Inc. The expected key market participants rely on developing technology innovative solutions in order to reduce cost, increase productivity and offering differentiated product luring customers from the different demographic group.

 

Manufacturers are also expected to focus on venture funding and acquisitions of smaller innovative players. For instance, acquisition of NOKIA Here Maps by major German automobile manufacturers Volkswagen Group (through Audi), BMW and Daimler.

 

“Technology outlook”

 

The development of SDC and Autopilot technology by Google and Tesla respectively have significantly escalated entry of driverless cars in to the market. The computer vision and human car control technology applied in these cars have lured consumers which results in promising future for the driverless cars.

Chapter 1 Methodology and Scope

  • Research Methodology
  • Research Scope & Assumptions
  • List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Driverless Cars Overview

  • Market Ecosystem
  • Key Stakeholders
  • Industry Trends & Analysis

Chapter 4 Driverless Cars Industry Outlook

  • Market Overview
  • Market Segmentation
  • Market Size & Growth Prospects
  • Market Analysis by Automation Level
    • Level 1
    • Level 2
    • Level 3
  • Market Analysis by Component Categories
    • Sensor
    • Camera
    • Navigation System
    • Central Computing System
  • Leading Brand Dynamics
  • Key Market Drivers
    • Mounting road accidents
    • Need for fuel efficiency
  • Key Market Challenges/ Restraints
    • Lack of infrastructure development
  • Key Market Opportunities
    • Rising demand for smart and automated vehicles
  • Major Trends & Issues
  • Penetration & Growth Prospects
  • Industry Analysis - Porter’s
  • Driverless Cars Market-PESTEL Analysis
  • Technology Landscape

Chapter 5: Pipeline Intelligence

  • Executive Summary
  • Upcoming Products
  • Key R&D Trends
  • M&A Outlook

Chapter 6: Regional Market Outlook

Driverless Cars Market Landscape by Region- 2016
  • North America Market Landscape Analysis, 2014-2024 (USD Mn)
    • U.S. Market Landscape Analysis, 2014-2024
    • Canada Market Landscape Analysis-2014-2024
  • Europe Market Landscape Analysis, 2014-2024 (USD Mn)
    • UK Market Landscape Analysis, 2014-2024
    • Germany Market Landscape Analysis, 2014-2024
    • France Market Landscape Analysis, 2014-2024
    • Italy Market Landscape Analysis, 2014-2024
    • Spain Market Landscape Analysis, 2014-2024
  • Latin America Market Landscape Analysis, 2014-2024 (USD Mn)
    • Brazil Market Landscape Analysis, 2014-2024
    • Mexico Market Landscape Analysis, 2014-2024
    • Colombia Market Landscape Analysis, 2014-2024
  • Asia Pacific Market Landscape Analysis, 2014-2024 (USD Mn)
    • Japan Market Landscape Analysis, 2014-2024
    • China Market Landscape Analysis, 2014-2024
    • India Market Landscape Analysis, 2014-2024
  • Middle East & Africa Market Landscape Analysis, 2014-2024 (USD Mn)
    • Saudi Arabia Market Landscape Analysis, 2014-2024
    • UAE Market Landscape Analysis, 2014-2024

Chapter 7: Pricing Analysis

Optimal Price Points (OPP), Indifference Price Points (IPP) and Range of Acceptable Prices (RAP) of leading brands and volume estimation by Region- 2016
  • North America Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
    • U.S. Pricing Analysis-2016
    • Canada Pricing Analysis-2016
  • Europe Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
    • UK Pricing Analysis-2016
    • Germany Pricing Analysis-2016
    • France Pricing Analysis-2016
    • Italy Pricing Analysis-2016
    • Spain Pricing Analysis-2016
  • Latin America Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
    • Brazil Pricing Analysis-2016
    • Mexico Pricing Analysis-2016
    • Colombia Pricing Analysis-2016
  • Asia Pacific Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
    • Japan Pricing Analysis-2016
    • China Pricing Analysis-2016
    • India Pricing Analysis-2016
  • Middle East & Africa Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
    • Saudi Arabia Pricing Analysis-2016
    • UAE Pricing Analysis-2016

Chapter 8: Technology Outlook

  • Executive Summary
  • Technology Evolution
  • Key R&D trends
  • Emerging Technology Analysis
  • Technology Crunch

Chapter 9: Competitive Landscape

  • Audi AG
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Autonomous Lab
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • BMW AG
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Daimler AG
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Dutch Automated Vehicle Initiative (DAVI)
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Ford Motor Company
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Google, Inc.
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Toyota Motor Corporation
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Volkswagen
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Volvo
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
    List of Tables  
  • TABLE 1 Driverless Cars Market - Industry Snapshot & Key Buying Criteria, 2014 - 2024
  • TABLE 2 Global Driverless Cars Market, 2014 – 2024 (USD Million)
  • TABLE 3 Global Driverless Cars Market by Component, 2014 – 2024 (USD Million)
  • TABLE 4 Driverless Cars Market - Key Market Driver Analysis
  • TABLE 5 Driverless Cars Market - Key Market Restraint/ Challenge Analysis
  • TABLE 6 Driverless Cars Market – Key Opportunity Analysis
  • TABLE 7 North America Driverless Cars Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 8 U.S. Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 9 Canada Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 10 Europe Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 11 U.K Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 12 Germany Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 13 France Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 14 Italy Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 15 Spain Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 16 Latin America Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 17 Brazil Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 18 Mexico Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 19 Colombia Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 20 Asia Pacific Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 21 Japan Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 22 China Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 23 India Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 24 Middle East & Africa Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 25 Saudi Arabia Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 26 UAE Driverless Cars Market Landscape Analysis, 2014-2024 (USD Million)
  • TABLE 27 North America Pricing Analysis
  • TABLE 28 North America Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
  • TABLE 29 U.S. Pricing Analysis-2016
  • TABLE 30 Canada Pricing Analysis-2016
  • TABLE 31 Europe Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
  • TABLE 32 U.K Pricing Analysis-2016
  • TABLE 33 Germany Pricing Analysis-2016
  • TABLE 34 France Pricing Analysis-2016
  • TABLE 35 Italy Pricing Analysis-2016
  • TABLE 36 Spain Pricing Analysis-2016
  • TABLE 37 Latin America Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
  • TABLE 38 Brazil Pricing Analysis-2016
  • TABLE 39 Mexico Pricing Analysis-2016
  • TABLE 40 Colombia Pricing Analysis-2016
  • TABLE 41 Asia Pacific Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
  • TABLE 42 Japan Pricing Analysis-2016
  • TABLE 43 China Pricing Analysis-2016
  • TABLE 44 India Pricing Analysis-2016
  • TABLE 45 Middle East & Africa Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2016)
  • TABLE 46 Saudi Arabia Pricing Analysis-2016
  • TABLE 47 UAE Pricing Analysis-2016
  List of Figures-  
  • Driverless Cars Market Segmentation
  • Market Size & Growth Prospects
  • Leading Brand Dynamics
  • Penetration & Growth Prospects
  • Industry Analysis – Porter’s
  • Driverless Cars Market – PESTEL Analysis
  • Driverless Cars Market Share by Component, 2016 & 2024
  • Driverless Cars Market Share by Region, 2016 & 2024

Key Insights Addressed:  

  • Defining market size from 2014 to 2015.
  • Estimating market growth till 2024 and consequence market forecast.
  • Identifying market drivers, restraints & future opportunities and allowing decision-maker with a range of possible outcomes and the probabilities that will occur for any choice of action.
  • Market segments and regions that will drive or lead market growth.
  • Defining Optimal Price Point (OPP) which will be accepted and recommended by maximum customers.
  • A bird’s-eye view of competitive landscape and the key market players.
  • Key strategic growth driver adopted by market players. In-depth analysis of their strategies and implication on competition & growth.
  Key Findings:  
  • Global Driverless Car demand is expected to reach 138,561 Units by 2024 and is estimated to grow at a CAGR of over 85% from 2017 to 2024.
  • The U.S. and Sweden are expected to be the early adopter of the Driverless cars with early launch mainly by the U.S. technology group, Alphabet Inc. (Google) and the Swedish automaker Volvo Group.
  • In Japan, more than 80% of the road accidents involve individuals with age above 55 years. The adoption of the driverless car is anticipated to drastically reduce the accident rates over the forecast period.

Ameri Research implies a unique methodology of published information and primary research to bring key insights to customer decision making process. Our analytics model helps us to understand the structured and unstructured information from various sources. Key steps involves in the process are as below-

    1. Analyzing Published Information- Access to large pool of paid and unpaid published information via different sources and analyzing market trend.
    2. Setting Foundation- Input from analysis of secondary sources set our foundation to market analysis and helps in setting the scope for further research. Setting the scope involves Ameri Research proprietary statistical model, discussion with industry leaders, internal brain storming, key discussion pointers from various forums etc.
    3. Need Gap Analysis- Defining the gap between our scope and availability of information.
    4. KOL Panel Discussion- Focused Group Discussion with a structured discussion guide to fine tune the gap and deriving the factors driving/restraining the market trend.
    5. Quantitative Research- Sampling large number of industry players, Education/Research Institutes, Government bodies, NGOs, Individual acclaimed researchers and conducting primary interview with a structured questionnaire.
    6. Data Triangulation- We applies bottom-up demand approach or top-down estimation or a combined approach to triangulate the data points.
    7. Analyst Comment- Each of our analyst carry large pool of experience from domain perspective and add their value which are directional in nature
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Description

Global Driverless Car demand is expected to reach 138,561 Units by 2024 and is estimated to grow at a CAGR of over 85% from 2017 to 2024.

 

Driverless car leverages the sophisticated technology delivered by the innovative temperature sensors, IR sensors, proximity sensors along with actuators giving them the robotics capabilities. According to the research conducted by National Highway Traffic Safety Association (NHTSA), adoption of the driverless vehicle in the U.S. has the tendency to save up to 69 deaths caused by road accidents.

 

The U.S. and Sweden are expected to be the early adopter of the Driverless cars with early launch mainly by the U.S. technology group, Alphabet Inc. (Google) and the Swedish automaker Volvo Group. In addition to the aforementioned players, Tesla Motors is an emerging player with several positive tests conducted over the last two years. Further, in May 2016, Apple Inc., a competitor to Google, have invested approximately $1 Billion into the Chinese ride sharing company, Didi Chuxing primarily to develop the self-driving technology. This move is widely expected to offer Apple Inc. a major foothold in the lucrative Chinese automobile industry.

 

Driverless/Driverless Car Market, By region, 2017 – 2024 (Units)

Driverless Driverless Car Market By region 2017 - 2024

The market growth is highly dependent on the traffic regulations followed in a country. The current traffic regulations require a driver to have full control over an automobile in every circumstance. However, development of semi-driverless vehicles with the inclusion of several features such as Adaptive Cruise Control (ACC), and Anti Braking System (ABS) have instigated government worldwide to amend the aforementioned regulation. For instance, New Zealand, Germany, Sweden, the Netherlands and the U.S., are amending traffic regulations, thereby creating a pathway for driverless automobiles.

 

“Optimal Price Point (OPP) for PAH Treatment”

 

Estimated Average car cost – $ xx globally. However, with large scale technology adoption, OPP, and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

“Driverless car to be boon for teenagers and retired persons”

 

According to the age group, the driverless automobiles are generally expected to be adopted by teenagers with no driving license or old age retired individual. The old age individuals might be suffering from different diseases which may increase the accident probability. In Japan, more than 80% of the road accidents involve individuals with age above 55 years. The adoption of the driverless car is anticipated to drastically reduce the accident rates over the forecast period.

 

“Notable industry participants include Tesla Motors, Alphabet Inc., Volvo Group and Apple Inc.”

 

Key players include Tesla Motors, Alphabet Inc., Volvo Group, Baidu Inc., Uber Technologies Inc., Nissan Motor Company and Apple Inc. The expected key market participants rely on developing technology innovative solutions in order to reduce cost, increase productivity and offering differentiated product luring customers from the different demographic group.

 

Manufacturers are also expected to focus on venture funding and acquisitions of smaller innovative players. For instance, acquisition of NOKIA Here Maps by major German automobile manufacturers Volkswagen Group (through Audi), BMW and Daimler.

 

“Technology outlook”

 

The development of SDC and Autopilot technology by Google and Tesla respectively have significantly escalated entry of driverless cars in to the market. The computer vision and human car control technology applied in these cars have lured consumers which results in promising future for the driverless cars.

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