It’s Only Common Sense Mastering the Follow-Up—The Key to Closing More Deals
Driving Innovation: Registration in PCB Production Throughout the Process
Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
Semi-Autonomous Vehicles Market Worth 7.84 Million Units by 2021
May 10, 2017 | PRNewswireEstimated reading time: 2 minutes
The report "Semi-Autonomous and Autonomous Vehicles Market by Technology, Components, Powertrain (Conventional Vehicle, Hybrid Vehicle, and Electric Vehicle) and Region - Global Forecast to 2021 & 2030", published by MarketsandMarkets, the global Semi-Autonomous Vehicles Market is estimated to be 3.17 Million units in 2016, and is projected to grow at a CAGR of 19.85% from 2016 to 2021, to reach 7.84 Million units by 2021. However, global autonomous vehicles market is estimated to be 0.18 Million units in 2025, and is projected to grow at a CAGR of 41.26% from 2025 to 2030, to reach 1.01 Million units by 2030. The growth of this market is fueled by technological developments and need for safety & security concerns.
Adaptive front lights (semi-autonomous) and RADAR (autonomous) to hold the largest share in the semi-autonomous and autonomous vehicles market, by technology type
The adaptive front light is estimated to account for the largest share in the global Semi-Autonomous Vehicles Market, whereas RADAR technology is estimated to account for the largest share in the global autonomous vehicles market. The park assist technology is one of the most helpful techniques that aids in parking the vehicle easily in most congested spaces, which most of drivers fail to do.
Passenger Cars: Increase in high global production of cars in developed and developing countries
Passenger cars are expected to constitute the largest share, in term of value, in the global semi-autonomous and autonomous vehicles market. This can be attributed to the growing need of highly secured personal cars and government norms in the emerging economies. It has triggered the demand for semi-autonomous and autonomous vehicles, from consumer side. The demand is expected to increase in developing and developed countries such as U.S.A, Germany, China, and Japan, where key car manufacturers are located.
Europe and North America: Leading the semi-autonomous and autonomous vehicles market
Europe and North America is estimated to account for the largest share, in terms of volume, of the semi-autonomous and autonomous vehicles market in 2016, respectively. The region comprises developed economies in the world, including U.S. and Germany. This has led to an increase in vehicle production volumes over the years, with OEMs catering not only to the domestic demand but to overseas demand as well. The major players which are covered in this report are, Tesla Motors, Google Inc., Cisco Systems, Delphi Automotive, Volkswagen Group, Daimler Group and Visteon Corp.
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Share on:
Suggested Items
DuPont Reports First Quarter 2025 Results
05/02/2025 | PRNewswireDuPont announced its financial results for the first quarter ended March 31, 2025.
KLA Reports Fiscal 2025 Q3 Results
05/02/2025 | PRNewswireKLA Corporation announced financial and operating results for its third quarter of fiscal year 2025, which ended on March 31, 2025, and reported GAAP net income of $1.09 billion and GAAP net income per diluted share of $8.16 on revenues of $3.06 billion.
Meet Thiago Guimaraes, IPC's New Director of Industry Intelligence
05/05/2025 | Chris Mitchell, IPC VP, Global Government RelationsThe fast pace of innovation in the electronics manufacturing industry means business owners must continuously adapt their processes and capabilities to meet changing customer demands and market trends. To that end, IPC has hired Thiago Guimaraes as the new director of Industry Intelligence. In this interview, Thiago shares key goals and objectives that could revolutionize the industry as he helps stakeholders navigate industry trends and challenges.
Alternative Manufacturing Inc. (AMI) Appoints Gregory Picard New Business Development Manager
05/01/2025 | Alternative Manufacturing, Inc.Alternative Manufacturing Inc. (AMI) is pleased to announce the appointment of Mr. Gregory Picard as our new Business Development Manager. Picard brings a wealth of experience in Sales and Business Development, having worked with some of the most prominent names in the industry.
Ensuring a Strong and Reliable Supply Chain
04/30/2025 | Marcy LaRont, PCB007 MagazineKelly Davidson, vice president of NCAB Group USA, discusses the company's stable performance in 2024 and positive outlook for 2025. She highlights NCAB's strategy of organic growth and strategic acquisitions amidst tariff concerns and global political uncertainty. Kelly emphasizes the importance of supply chain diversification, strong supplier relationships, and customer education, and notes NCAB's focus on defense production and maintaining a reliable supply chain.