Product Code: IRTNTR74987
Near Autonomous Passenger Car Market 2024-2028
The near autonomous passenger car market is forecasted to grow by USD 962.1 bn during 2023-2028, accelerating at a CAGR of 60.29% during the forecast period. The report on the near autonomous passenger car 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing popularity of semi-autonomous vehicles, increasing demand for autonomy of vehicles by OEMs, and intelligent transport system contributes to autonomous technology adoption.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 42.73% |
CAGR | 60.29% |
Incremental Value | $962.1 bn |
Technavio's near autonomous passenger car market is segmented as below:
By Technology
- ADAS level 1
- ADAS level 2
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increased funding for research and development of autonomous vehicles as one of the prime reasons driving the near autonomous passenger car market growth during the next few years. Also, rising adoption of cloud-based high-definition (HD) maps and rise in mergers and acquisitions and developments in autonomous vehicles will lead to sizable demand in the market.
The report on the near autonomous passenger car market covers the following areas:
- Near autonomous passenger car market sizing
- Near autonomous passenger car market forecast
- Near autonomous passenger car market industry analysis
The 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 near autonomous passenger car market vendors that include Amazon.com Inc., Bayerische Motoren Werke AG, Chery Automobile Co. Ltd., Chongqing Changan Automobile Co. Ltd., Ford Motor Co., Geely Auto Group, General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Mazda Motor Corp., Mercedes Benz Group AG, NIO Ltd., Nissan Motor Co. Ltd., Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen AG. Also, the near autonomous passenger car 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.
The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Near Autonomous Passenger Car Market 2018 - 2022
- Historic Market Size - Data Table on Global Near Autonomous Passenger Car Market 2018 - 2022 ($ billion)
- 4.2 Technology segment analysis 2018 - 2022
- Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
- 4.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 4.4 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Technology
- 6.1 Market segments
- Chart on Technology - Market share 2023-2028 (%)
- Data Table on Technology - Market share 2023-2028 (%)
- 6.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
- 6.3 ADAS level 1 - Market size and forecast 2023-2028
- Chart on ADAS level 1 - Market size and forecast 2023-2028 ($ billion)
- Data Table on ADAS level 1 - Market size and forecast 2023-2028 ($ billion)
- Chart on ADAS level 1 - Year-over-year growth 2023-2028 (%)
- Data Table on ADAS level 1 - Year-over-year growth 2023-2028 (%)
- 6.4 ADAS level 2 - Market size and forecast 2023-2028
- Chart on ADAS level 2 - Market size and forecast 2023-2028 ($ billion)
- Data Table on ADAS level 2 - Market size and forecast 2023-2028 ($ billion)
- Chart on ADAS level 2 - Year-over-year growth 2023-2028 (%)
- Data Table on ADAS level 2 - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Technology
- Market opportunity by Technology ($ billion)
- Data Table on Market opportunity by Technology ($ billion)
7 Customer Landscape
- 7.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 8.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 8.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 8.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 8.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 8.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 8.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 8.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 8.9 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 8.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 8.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 8.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 8.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)
9 Drivers, Challenges, and Opportunity/Restraints
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 9.4 Market opportunities/restraints
10 Competitive Landscape
- 10.1 Overview
- 10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 10.3 Landscape disruption
- Overview on factors of disruption
- 10.4 Industry risks
- Impact of key risks on business
11 Competitive Analysis
- 11.1 Companies profiled
- 11.2 Market positioning of companies
- Matrix on companies position and classification
- 11.3 Bayerische Motoren Werke AG
- Bayerische Motoren Werke AG - Overview
- Bayerische Motoren Werke AG - Business segments
- Bayerische Motoren Werke AG - Key news
- Bayerische Motoren Werke AG - Key offerings
- Bayerische Motoren Werke AG - Segment focus
- 11.4 Chery Automobile Co. Ltd.
- Chery Automobile Co. Ltd. - Overview
- Chery Automobile Co. Ltd. - Product / Service
- Chery Automobile Co. Ltd. - Key offerings
- 11.5 Chongqing Changan Automobile Co. Ltd.
- Chongqing Changan Automobile Co. Ltd. - Overview
- Chongqing Changan Automobile Co. Ltd. - Product / Service
- Chongqing Changan Automobile Co. Ltd. - Key offerings
- 11.6 Ford Motor Co.
- Ford Motor Co. - Overview
- Ford Motor Co. - Business segments
- Ford Motor Co. - Key offerings
- Ford Motor Co. - Segment focus
- 11.7 Geely Auto Group
- Geely Auto Group - Overview
- Geely Auto Group - Product / Service
- Geely Auto Group - Key offerings
- 11.8 General Motors Co.
- General Motors Co. - Overview
- General Motors Co. - Business segments
- General Motors Co. - Key news
- General Motors Co. - Key offerings
- General Motors Co. - Segment focus
- 11.9 Honda Motor Co. Ltd.
- Honda Motor Co. Ltd. - Overview
- Honda Motor Co. Ltd. - Business segments
- Honda Motor Co. Ltd. - Key news
- Honda Motor Co. Ltd. - Key offerings
- Honda Motor Co. Ltd. - Segment focus
- 11.10 Hyundai Motor Co.
- Hyundai Motor Co. - Overview
- Hyundai Motor Co. - Business segments
- Hyundai Motor Co. - Key news
- Hyundai Motor Co. - Key offerings
- Hyundai Motor Co. - Segment focus
- 11.11 Mazda Motor Corp.
- Mazda Motor Corp. - Overview
- Mazda Motor Corp. - Business segments
- Mazda Motor Corp. - Key offerings
- Mazda Motor Corp. - Segment focus
- 11.12 Mercedes Benz Group AG
- Mercedes Benz Group AG - Overview
- Mercedes Benz Group AG - Business segments
- Mercedes Benz Group AG - Key news
- Mercedes Benz Group AG - Key offerings
- Mercedes Benz Group AG - Segment focus
- 11.13 Nissan Motor Co. Ltd.
- Nissan Motor Co. Ltd. - Overview
- Nissan Motor Co. Ltd. - Business segments
- Nissan Motor Co. Ltd. - Key news
- Nissan Motor Co. Ltd. - Key offerings
- Nissan Motor Co. Ltd. - Segment focus
- 11.14 Tata Motors Ltd.
- Tata Motors Ltd. - Overview
- Tata Motors Ltd. - Business segments
- Tata Motors Ltd. - Key news
- Tata Motors Ltd. - Key offerings
- Tata Motors Ltd. - Segment focus
- 11.15 Tesla Inc.
- Tesla Inc. - Overview
- Tesla Inc. - Business segments
- Tesla Inc. - Key news
- Tesla Inc. - Key offerings
- Tesla Inc. - Segment focus
- 11.16 Toyota Motor Corp.
- Toyota Motor Corp. - Overview
- Toyota Motor Corp. - Business segments
- Toyota Motor Corp. - Key news
- Toyota Motor Corp. - Key offerings
- Toyota Motor Corp. - Segment focus
- 11.17 Volkswagen AG
- Volkswagen AG - Overview
- Volkswagen AG - Business segments
- Volkswagen AG - Key news
- Volkswagen AG - Key offerings
- Volkswagen AG - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 12.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 12.4 Research methodology
- 12.5 Data procurement
- 12.6 Data validation
- 12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 12.8 Data synthesis
- 12.9 360 degree market analysis
- 360 degree market analysis
- 12.10 List of abbreviations