Semi- Autonomous Vehicle Market Scope & Overview:
The global Semi- Autonomous Vehicle market study includes a full analysis of key driving drivers, as well as profiles of prominent firms, essential product features, sales rates, and contact information. A thorough assessment of the most important market trends is also included in the research. Information is gathered through focus groups, surveys, interviews, a geographical and national study, and a comprehensive all-dimensional examination.
Major market factors such as drivers, constraints, opportunities, and threats are examined, as well as how they influence the market. External threats and opportunities have underlying drivers and limits in the global market. Strategic alliances, new product launches, initiatives, transactions, joint activities, and information on top market rivals are all covered by Semi- Autonomous Vehicle market research, as well as development factors, limits, and opportunities.
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Key Companies Listed in Semi- Autonomous Vehicle Market are:
Audi AG; BMW AG; Continental AG; Honda Motor Corporation; Daimler AG (Mercedes Benz); Valeo S.A.; Ford Motor Company; General Motors; Nissan Motor Company; Toyota Motor Corporation; Volvo Car Corporation; Volkswagen AG
Market Segmentation
Drivers, barriers, opportunities, and risks are major influencing aspects in the Semi- Autonomous Vehicle market, and segmentation analysis evaluates their impact on the market. External restraints and possibilities, as well as fundamental drivers and limits, exist in the market. It can be used by businesses, clients, buyers, merchants, service providers, and distributors to assess the market.
The global Semi- Autonomous Vehicle market analysis summary provides an overview of the topic, including definitions, classifications, applications, and the industrial chain structure. Global business research is offered for emerging markets, including competitive landscape studies and development trends.
Major Segments & Sub-Segments Listed in this report are:
By Automation Level:
- Level 1
- Level 2
- Level 3
By Vehicle Type:
- Passenger car
- Commercial vehicles
By Components:
- Camera
- Ultrasonic sensor
- LiDAR
- Radar
- Others
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Russia-Ukraine War Impact on Semi- Autonomous Vehicle Market
The impact of the Russia-Ukraine conflict on the worldwide market is detailed in the research paper. While tensions between Russia and Ukraine have been increasing for years, the present military action heightens fears of a long-term conflict within Ukraine, as well as market and global economic implications.
Competitive Scenario
The market report also includes a comprehensive library of future market estimates based on historical data. Customers can get quantitative industry expertise by looking at the most recent market data. The study investigates a variety of significant elements that influence firm players, including as suppliers, end-users, dealers, and others, in order to assist them in strategizing investment and pursuing various Semi- Autonomous Vehicle market growth chances. All significant competitors, prices, and positioning, as well as a thorough data collecting strategy, must operate in the same territory.
Report Highlights
- Give an overview of the present situation of the target industry, including applications and innovations.
- A comprehensive analysis of the Semi- Autonomous Vehicle market's situation amid COVID-19 pandemic and Russia-Ukraine War.
- A detailed market analysis, including upstream raw materials, downstream output, and recent growth estimates.
- Report Conclusion
The most recent Semi- Autonomous Vehicle market study looks at the target market's latest influence. The article looks at how the corporate environment is always changing, as well as the short- and long-term implications.
Table of Contents -Major key Points:
- Introduction
- Research Methodology
- Market Dynamics
- Impact Analysis
- Value Chain Analysis
- Porter’s 5 Forces Model
- PEST Analysis
- Global Semi-Autonomous Vehicle Market Segmentation, By Automation Level
- Global Semi-Autonomous Vehicle Market Segmentation, By Vehicle Type
- Global Semi-Autonomous Vehicle Market Segmentation, By Components
- Regional Analysis
- Company Profiles
- Competitive Landscape
- Conclusion
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Market SynopsisThe focus on vehicle safety to reduce the number of road accidents and associated deaths and the regulations incorporating safety features in vehicles are factors driving the Global Semi-Autonomous Vehicle Market Share during the forecast period.
Furthermore, the increase in demand for efficient driving experience, the need for better fuel efficiency and the increased integration of advanced technology in the automotive sector are expected to contribute to market growth.
The semi-autonomous market size of vehicles can however be hindered by the greater price of semi-autonomous vehicles and the lack of information technology , communication infrastructure in emerging countries.
Growing global vehicle demand in both developed and developing countries, combined with the increasing need for highly secure cars and strict global government standards, is expected to fuel market growth during the peri forecast.
Customers’ trust and dependency on technology to eliminate partial or full vehicle control will also play a major role in shaping the market dynamics of semi-autonomous vehicles.Segmental AnalysisThe global market for semi-autonomous vehicles is segmented according to component, ADAS features, level of automation, propulsion, and region.
The global market has been segmented on the basis of ADAS technologies into crash warning system (CWS), lane assist (LA), smart park assist (SPA), adaptive cruise control (ACC), cross-traffic alert (CTA), automatic emergency braking (AEB) and others.
According to the new market research report "Semi-Autonomous & Autonomous Truck Market By Level of Automation (Level 1, Level 2 & 3, Level 4, and Level 5), Propulsion (Diesel, Electric, and Hybrid), Application, Truck Class, ADAS Features, Sensor, and Region - Global Forecast to 2030" The global semi-autonomous truck market size is projected to grow from 948 thousand units in 2020 to reach 3,254 thousand units by 2025, at a CAGR of 28.0%The global autonomous truck market size is projected to grow from USD 460 million in 2024 to reach USD 1,550 million by 2030, at a CAGR of 22.4%.The growth of the semi-autonomous truck market can be attributed to the increasing road accidents, the need for efficient truck operations, and demand for ADAS features in the trucks.
Government bodies across the world have started regulating the safety standards in trucks to reduce fatalities in road crashes.Factors such as shortage of drivers, companies eyeing a reduction in delivery & transportation cost, and increasing research and development in technologies such as V2X, 5G, connected trucks, ADAS, and platooning will drive the market for autonomous trucks in the forecast.
The pandemic COVID-19 might benefit the autonomous truck market, as companies will be looking for autonomous options for delivering and shipping to the customers.The global semi-autonomous truck market is dominated by major players such as Continental (Germany) Bosch (Germany), Aptiv (UK), AB Volvo (Sweden), and Denso (Japan).
On the other hand, Embark (US), Tesla (US), TuSimple (US), Caterpillar (US), and Waymo (US) are some of the companies that are focusing on developing autonomous trucks.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=224614273North America is expected to lead the global market during the forecast periodNorth America is the technology leader in autonomous technology.
Tesla will enter the market soon with its ‘Cybertruck’ having all the semi-autonomous features and an optional autonomous driving feature as well.The last-mile delivery truck segment is expected to be the largest market during the forecastUsing autonomous last-mile delivery trucks can help companies save 40% of the total cost.
Also, the shortage of human delivery driver/personnel and increasing e-commerce will be driving the autonomous truck market for last-mile delivery applications.
Global Semi-Autonomous & Autonomous Vehicles MarketThe GMI Research stipulates that the Semi-Autonomous & Autonomous Vehicles Market is witnessing an augmentation in demand over the forecast period.
This is mainly due to the growing concern towards road safety by transport authorities, increasing integration of advanced technologies like internet of things, and the emphasis on research and development by automotive producers.Introduction of the Semi-Autonomous & Autonomous Vehicles MarketAn autonomous vehicle refers to the vehicle that does not require any human interference.
They are basically executed by sensing the environment and navigating.
These vehicles have the potential to drive with the help of radars, sensors, and artificial intelligence but require humans to counter a situation that they cannot manage.Leading Players of the Market:Continental AGRobert Bosch GmbHDenso CorporationZF Friedrichshafen AGMagna International IncInfineon Technologies AGNXP SemiconductorValeoTexas Instruments IncorporatedBorgWarner Inc.Semi-Autonomous & Autonomous Vehicles Market Dynamics The prominent drivers contributing to the growth of the global semi-autonomous & autonomous vehicles market include the augmenting demand for secure, effective, and dynamic driving options followed by the enlargement in connected vehicle technology.
These vehicles help to reduce traffic obstruction resulting in enhanced delivery of goods & services.
In addition, they provide enhanced better fuel efficiency owing to their potential to decelerate and accelerate more intensely than a human driver and capability to operate for a more extended period with little human input, which is further supplementing the market growth.
