Autonomus Vehicle Market Report Sample by Goldstein Market Intelligence

Global Autonomous Vehicles Market Outlook

Global Autonomous Vehicles Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024

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Report Code: AU 1335

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Global Autonomous Vehicles Market Outlook Global Autonomous Vehicles Share(%), By Region-2016-2024

Global Autonomous Vehicles Market Size USD (Billion). 2016-2024

Market

XX XX

XX% CAGR: (2016-2024)

XX XX

Download Full Sample Repor Sample Repo 6.8622.55 t Download Full7.84 7.0022.0 t % % 7.00 % 2024 %%20160% 28.43 28.0 % 0% 36.0 34.31 0% % Asia Pacific

XX 2016e 2017e 2018f

Source: Goldstein Research

2019f

m a S 2020f

2021f

2022f

2023f

2024f

With

XX% share in 2016, North

America dominated the global Autonomous Vehicles market

Global Autonomous Vehicles Market Share (%), By Components2016

15.00%

20.00%

18.52% 67.90%

Driver Assistance

Semi Automation

Full Automation

Source: Goldstein Research

Latin America

Middle East and Africa

Autonomous Vehicles Global Autonomous Vehicles Global Market Share (%), By vehicle TypeMarket Share (%), By Technology 2016 Type-2016

3.70% 9.88%

Europe

Source: Goldstein Research

Driver Assistance Technology accounted for the highest market share XX% in global Autonomous Vehicles market In 2016,

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High Automation

80.00%

Passenger Cars

Source: Goldstein Research

Commercial Vehicles

85.00% Software

Source: Goldstein Research

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Hardware

Global Autonomous Vehicles Market Outlook  Tech companies like Apple and Alphabet, parent of Google, have now realized that they don’t need to build hardware to win the autonomy game. Their collective conclusion is that they will never beat the auto industry at making a car — the “body” — and instead should focus on what they do best: building revolutionary software platforms — the “mind” — this time in self-driving AI. 

Growing IT

Download Full Sample Repor Spending Download Full Sample Repo Huge tech companies are leveraging their software resources and experience to t master machine learning so that their AI platform minds cantnot only sense the environment but also independently learn how to make more intelligent decisions

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about vehicle operation. Any aspirations to compete head-tohead with the automakers in making an actual vehicle have fallen by the wayside. • Intelligent mechanics can save fuel, reduce emissions, ease the flow of traffic, improve transportation and supply services. Moreover, the future of autonomous cars promises to save millions of lives by minimizing accidents caused by human error, making driving experience as safe as enjoyable.

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• Legal and ethical problems are hard to solve because their clues are outside the direct influence of the automotive industry and largely depend on the local governments. On the other hand, autonomous driving technology is improving faster and faster as more OEMs and Tier 1 vendors join the race to create autonomous cars. • A few years ago, sensor quality and cost were the hot spot of every discussion about the driverless future as the potential niche for business investments. Google used a LIDAR system priced at around USD 75,000 per unit, which was half the total cost – around USD 150,000 – of each of their driverless vehicles. These prices made self-driving cars a dead weight for the global market because a single travel on a self-driving car was tended to cost impossible sum comparable to owning a private jet.

Global Autonomous Vehicles Market Size (USD Billion) Europe North America

2025

USD XX Billion

2035

USD XX Billion

Technological Advancements

Cost Efficiency

Emergence of Artificial Intelligence

Asia-Pacific USD XX Billion

USD XX Billion

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Major Players Presence-Regional Analysis:

Major Players/ Industries

North America

APAC

Europe

Latin America Middle East & Africa

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Nissan Motor Corporation Toyota Motor Corporation Tesla Motors, Inc. Audi AG BMW General Motors Baidu Inc

Uber

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Volvo Group

High Penetration

Medium Penetration

Low Penetration

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Global Autonomous Vehicles Market Size (USD Billion) & Growth Analysis Global Autonomous Vehicles Market Size (USD Billion)-2016-2024 XX

XX XX

XX 2016e

2017e

Source: Goldstein Research

m a S

Download Full SampleXXRepor FullXX Sample Repo t Download XX t XX

2018f

2019f

2020f

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2021f

2022f

2023f

2024f

Global Autonomous Vehicles Market

is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. Emergence of autonomous vehicles and other innovative technologies could provide solutions to some of our most stubborn social problems —the high cost of traffic crashes and transportation infrastructure, traffic jams and to curb rising need for parking lots. The automotive industry is currently developing and providing sensor-based solutions to increase vehicle safety, known as Advanced Driver Assist Systems (ADAS), which uses a combination of advanced sensors, such as stereo cameras and long- and short-range RADAR, combined with actuators, control units, and integrating software, that enable cars to monitor and respond to their surrounding environment. According to the autonomous vehicle market report, major driver in the market is growing investments by automotive companies and favorable government policies for faster development and deployment of autonomous vehicles. For instance, the new legislation in Germany allows the German car manufacturers to test their prototype autonomous vehicles on roads.

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Growth Drivers Huge R&D Activities by Major Technology and Automotive Companies 

The traditional automakers are no longer simply working on adding self-parking and other driver-assistance technologies to luxury cars. Perhaps concerned that they will become hardware manufacturers subservient to powerful operating systems providers, as we have seen play out in other industries, they are now preparing for a future of full autonomy.



Some are signaling the seriousness of their intentions through high-profile personnel changes: For example, Jim Hackett, the former leader of Ford’s autonomous vehicle efforts, was recently named CEO of the automaker. Others are taking their intentions directly to investors and the public, such as when GM’s CEO Mary Barra recently told The New York Times, “We definitely want to be first” to develop a fully autonomous car. GM is now mass producing selfdriving Chevy Bolts to create the largest fleet of autonomous vehicles to date.



With the self-driving mind outsourced to a leading tech player, however, a wide range of auto OEMs will have to partner with the platform and produce competitive self-driving vehicle hardware. The potentially huge demand and range of uses for autonomous vehicles could support a wide range of producers of the bodies — again, similar to the range of PC and smartphone OEMs running Windows and Android, respectively.

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Total autonomy-related U.S. patent filings, select tech players (2007-2016) XX

m a S XX XX

XX XX

XX Aplhabet/Waymo

Uber

Impact Analysis:-

Tesla

Faraday Future

Source: Goldstein Research

 Of course, the race won’t be over once we get from 0 to 1. Instead, it will shift into the next gear as an even wider range of companies — including mobility-as-aservice firms like Uber — fight to make their model of autonomous mobility widespread. In other words, the journey from 1 to 100 will begin. Copyright

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Total autonomy-related patent filings by OEM, 2007--2016

i i r t a a n rd en ul lvo ush da yot m l e ssa nd Fo ag i i Vo na b un To w i N e a Ho s y R D lk H its Vo M

Source: Goldstein Research

High

Medium

Impact on Global Autonomous Vehicles Market

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Low

Market Restraints Technology and Cost Related Challenges  Relying on sensors, software, and GPS data, an autonomous vehicle processes nearly 4,000 gigabytes of data daily. Advanced machine learning algorithms need timely updated data to react to the ever-changing environment. A continuous exchange of data between vehicles and the cloud can overload data networks and data storage, creating additional challenges for software vendors.  Currently, map providers are putting every effort into reducing the volume of data transferred between a vehicle and the cloud by trying to maximize the amount of data processed within the vehicle itself. One proposed solution is a so-called “self-healing map” that would use on-board AI algorithms and deep learning capabilities to navigate without stepping too far to the cloud.  Advanced V2V communication systems will make it much easier for autonomous vehicles to understand traffic behavior. Essentially, this is because vehicles will communicate in their own language among each other. Currently, a vehicle’s AI has to adapt to the human-made system of signs and signals to predict the movements of other human-driven vehicles.

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Impact Analysis: As many as 50 start-ups are out to get costs way down, along with the research and development departments at automakers and auto industry suppliers, and Silicon Valley giants such as Google and Apple. Much of their focus is on the most expensive item in the computerized system that controls a robot car: laserbased sensors, or lidar.

Impact on Global Autonomous Vehicles Market High

Medium

 Traditional auto suppliers such as Continental and Bosch are working on lidar systems. Some, such as Delphi (recently renamed Aptiv) and Magna, have struck partnerships with smaller lidar companies. Copyright

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Low

Global Autonomous Vehicles Market Outlook : 2016-2024 Global Autonomous Vehicles Market Share (%), By Technology Type, Download 2016-2024

Full Sample Repor Download Sample Repo In the next Full five years, vehicles that t t adhere to SAE’s high-automation

XX% XX%

9.88%

Driver Assistance

XX%

Semi Automation

2016

2024

24.69%

61.73%

High Automation

XX%

Full Automation

Source: Goldstein Research

level-4 designation will probably appear. These will have automateddriving systems that can perform all aspects of dynamic mode-specificity AVs, even if human drivers don’t respond to requests for intervention. While the technology is ready for testing at a working level in limited situations, validating it might take years because the systems must be exposed to a significant number of uncommon situations.

3.70%

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Global Autonomous Vehicles Market Y-O-Y Growth, By Mode of Given current development trends, fully autonomous vehicles won’t be Deployment, 2016-2024

XX%

2016e

2017e

2018f

XX%

2019f

XX%

2020f

2021f

2022f

2023f

available in the next ten years. The main stumbling block is the development of the required software. While hardware innovations will deliver the required computational power, and prices (especially for sensors) appear likely to go on falling, software will remain a critical bottleneck.

XX%

2024f

Source: Goldstein Research

Global Autonomous Vehicles Market Size (USD Billion), By Mode of Deployment -2016-2024 XX XX

2016 Driver Assistance

2024 Semi Automation

High Automation

Full Automation

Source: Goldstein Research

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Global Autonomous Vehicles Market Outlook By Driver Assistance Technology: 2016-2024

Download Full Sample Repor Global Autonomous Vehicles Market Size (USD Billion), By Driver Assistance Technology, 2016-2024 t Download Full Sample Repo t

XX XX XX XX

XX XX XX 2016e

2017e

m a S

2018f

2019f

2020f

2021f

2022f

2023f

Source: Goldstein Research

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2024f

Global Autonomous Vehicles Market Y-O-Y Growth, By Public Cloud, 2016-2024

19.40%

20.15%

20.48%

2016e

2017e

2018f

20.80%

2019f

21.85%

22.50%

23.00%

23.50%

2020f

2021f

2022f

2023f

 These advanced driver-assistance systems (ADAS)—including emergency braking, backup cameras, adaptive cruise control, and self-parking systems—first appeared in luxury vehicles. Eventually, industry regulators began to mandate the inclusion of some of these features in every vehicle, accelerating their penetration into the mass market. By 2016, the proliferation of ADAS had generated a market worth roughly USD XX billion.

25.00%

2024f

Around the world, the number of ADAS systems (for instance, those for night vision and blind-spot vehicle detection) rose from 90 million units in 2014 to about 140 million in 2016—a XX percent increase in just two years. Some ADAS features have greater uptake than others. The adoption rate of surround-view parking systems, for example, increased by more than XX percent from 2014 to 2016, while the number of adaptive frontlighting systems rose by around 20 percent in the same time frame.

Source: Goldstein Research

Car sensors and software to enable cars see the road

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Global Autonomous Vehicles Market Attractiveness and BPS Analysis by Technology, 2016-2024

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Global Autonomous Vehicles Market Attractiveness-By Technology, 2016-2024 Download 7.00% 6.00%

CAGR (%)

5.00% 4.00% 3.00% 2.00% 1.00% 0.00% 0.0

100.0

200.0

300.0

Market Size (USD Billion) Driver Assistance

Semi Automation

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400.0

High Automation

Source: Goldstein Research

500.0

600.0

Full Automation

Water based adhesive segment holds the largest revenue share in the global Autonomous Vehicles market as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period.

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Autonomous Vehicles market is relying on the adoption of EHR (Electronic health record) software by various healthcare facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales.

Global Autonomous Vehicles Market BPS Analysis- By Mode of Deployment, 2016-2024 XX%

XX% XX%

21.00%

XX%

XX% XX%

Full Automation

24.00%

High Automation

XX% XX%

Semi Automation

XX% 66.00%

XX%

Driver Assistance

XX%

60.00%

XX% XX%

Source: Goldstein Research

2016

2024

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North America Autonomous Vehicles Market Size (USD Billion) & Y-O-Y growth (%), By Region- 20162024 North America Autonomous Vehicles Market Size (USD Billion)-2016-2024

Download Full Sample Repor t Download Full Sample Repo t XX%

XX%

XX XX

CAGR: (2016-2024)

XX XX

XX%

XX XX

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XX%

XX XX

XX%

XX XX XX 2016e

2017e

Source: Goldstein Research

XX%

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2019f

North America Autonomous Vehicles Market Size (USD Billions), By Country-2016-2024

2020f

2021f

XX%

XX% XX% XX%

2022f

2023f

North America Autonomous Vehicles Market Size (USD Billion), By Technology-2016-2024

XX%

XX% XX%

XX% XX

XX%

XX% XX% 2016

XX% 2016

2024

Driver Assistance

2024 Semi Automation

High Automation

Full Automation US

Canada

Source: Goldstein Research

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United States Autonomous Vehicles Market Size (USD Billion) & Y-O-Y growth (%), 2016-2024 United States Autonomous Vehicles Market Size (USD Billion), Compound Annual Growth Rate (%), Y-O-Y Growth Rate (%), 2016-2024

Download Full Sample Repor t Download Full Sample Repo t XX%

XX%

XX XX

CAGR: (2016-2024)

XX XX XX XX XX XX

XX%

m a S XX%

Source: Goldstein 2016e Research 2017e

e l p XX

XX XX

XX%

2018f

XX%

2019f

XX%

2020f

Key Insights

In June 2011, Nevada became the first state in the world to allow autonomous vehicles on public roads.56 Nevada law defines an autonomous vehicle as â&#x20AC;&#x153;a motor vehicle that uses artificial intelligence, sensors and global positioning system coordinates to drive itself without the active intervention of a human operator.â&#x20AC;? The law also acknowledges that the operator will not need to pay attention while the car is operating itself. California recently passed regulations allowing the routine use of autonomous cars on public roads but has mandated that human operators would be required, in case there is a need to take control. 58 Nevada, California, Florida, Michigan and Washington D.C. have successfully enacted laws with respect to autonomous vehicles.

XX%

2021f

XX%

2022f

XX% XX% XX% XX% XX% XX% XX% XX% XX%

2023f

Opportunities in Autonomous Technology

Projected number of autonomous vehicles in operation in the United States in 2024 and 2035 (in millions) XX

XX XX XX 2024

2035

Source: Goldstein Research

While it can be difficult for U.S.-made parts to compete with low-cost Chinese parts, there are many opportunities for exports. Many Chinese consumers appreciate the quality and reliability of U.S.-made parts, and they have the means to pay extra for them. In addition, those parts with advanced technologies or unique features have the potential to be exported. Moreover, create more opportunities for vehicle electronic control technologies, including sensors and modules to take better advantage of different fuel types. Copyright

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North America Autonomous Vehicles Market Attractiveness-By Country, 2016-2024 North America Autonomous Vehicles Market Attractiveness-By Country, 2016-2024 XX

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CAGR (%)

XX XX

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Market Size (USD Billion) Canada Source: Goldstein Research

United States

According to the above graph, US Autonomous Vehicles market is anticipated to be the most attractive market across the region, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 20162024. Moreover, consumer interest for autonomous vehicles is growing around the globe. In 2016, a poll by the MIT in the U.S. found that XX percent of respondents aged between 35 and 44 were willing to use partially autonomous vehicles, while XX percent of respondents aged 75 or older said the same.

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Autonomous vehicle developers are looking closely at lidar because current radar-based sensor technologies are inadequate and have bad angular resolution. We expect early adopters of lidar to be fleet vehicles and taxis, predicting consumer vehicle applications perhaps by 2025.

North America North America Autonomous Vehicles Market BPS Analysis- By Country, 2016-2024 XX% XX%

30%

XX%

40% Canad a

XX% XX% XX% XX%

70%

XX%

US 60%

XX% XX% XX% 2016

2024

Source: Goldstein Research

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Global Electric Vehicles Market Outlook Tesla Inc. (Company Overview & Business Strategy)

Founded 2003

Employees 37,543

Company Overview 

Tesla, Inc. (formerly Tesla Motors) is an American multinational corporation that specializes in electric vehicles, energy storage and solar panel manufacturing based in Palo Alto, California.

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Headquarters U.S

Key Products

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Electric Vehicles



Founded in 2003, the company specializes in electric cars, lithium-ion battery energy storage, and residential photovoltaic panels (through the subsidiary company SolarCity).



The additional products Tesla sells include the Tesla Powerwall and Powerpack batteries, solar panels and solar roof tiles.

Charging Stations



The company's Model S was the world's best-selling plug-in electric car in 2015 and 2016. Global sales of the Model S reached the 200,000 unit milestone during the fourth quarter of 2017.

Solar Panels



Tesla operates multiple production and assembly plants, notably Gigafactory 1 near Reno, Nevada and its main vehicle manufacturing facility at Tesla Factory in Fremont, California.

Batteries

Energy Storage Systems

Solar roof Tiles

Business Strategy

Investment and Innovation: Tesla entered the market through expensive high-end cars targeted to the more financially privileged class of people. Once it is more established and widely known as a successful idea, it would venture into a more competitive market of lower-level priced models. So the first model was launched to get the company’s mission out in the marketplace. All Tesla needed was to make a name for their brand get its concept widely accepted. After that it reinforced its business model. Tesla’s business model is based on a three-pronged approach to selling, servicing, and charging its electric vehicles. Tesla’s growth strategy is mostly driven by the anticipated high demand for Model 3. Hence, research and development costs rose to USD 81.5 million from USD 54.9 million a year ago (2016).

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Global Electric Vehicles Market Outlook Tesla Inc. (Business Segments & Recent News)

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Fig :- 9-4 Tesla Inc. Revenue (%)-By Business Segments, 2016

Fig :- 9-5 Tesla Inc. Revenue (%), By Region, 2016

XX%

XX% XX%

XX%

Autom otive

XX% Japan NorthAmerica

XX%

Materi al Handli ng

Europe XX%

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Other

Asia Other

Key Findings

 Tesla Inc. Corporation Corporation (TICO) has signed an agreement to acquire Vanderlande – the global market leader for value-added logistic process automation at airports and in the parcel market, as well as being a leading supplier for warehouses – from the company’s current owner NPM Capital

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 Tesla Inc. Corporation Corporation announces that it has concluded an agreement with major North American materials handling systems integrator Bastian Solutions LLC (“Bastian”) to acquire the company. The acquisition of Bastian signify Tesla Inc. Corporation' full-scale entry into the North American materials handling solutions industry amid the e-commerce boom. Business Strategy  To expand company’s presence in emerging countries, Tesla Inc. Corporation acquired the lift truck business of Taiwan-based Tailift Co., Ltd. In August 2015. By capitalizing on Tailift’s strength, company aimed to increase its sales in emerging c9oountries where market expansion is expected over the medium to long term.

Improves quality control structure and globalization: The company has adopted various methods to enhance their manufacturing structure which helps the company to improve the quality of their automobile products. Moreover, the company is looking forward towards expansion of globalization. Tesla Inc. Corporation Motors adopted Tesla Inc. Corporation Global Vision in 2011 to improve the quantitative expansion across the globe. The company is investing a huge amount for research and development activities to introduce the future of material handling equipment such as hydrogen powered forklifts and automated guided vehicles. The company spend USD 588.11 Million in 2016 for research and development of their products and services. Tesla Inc. Corporation motors is one of the largest automobile and material handling equipment manufacturer across the globe and expected to lead other global companies in near future. Copyright

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Global Autonomous Vehicles Market Outlook

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