1. Market Research
  2. > Automotive
  3. > Motor Vehicle Market Trends
Europe Autonomous Car Market

Europe Autonomous Car Market

  • May 2019
  • 120 pages
  • ID: 5796695
  • Format: PDF
  • By Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

Europe Autonomous Car Market

The European fully autonomous car market is predicted to advance at an 18.4% CAGR during 2023–2030, ultimately garnering $191.6 billion by 2030. The major factors driving the growth of this market are government support for autonomous car development, the rising need for efficient and safe travel, and evolution in the connected and electric car technologies. European laws related to corporate/M&A transactions, intellectual property, cybersecurity, and product liability provide a conducive environment for the European autonomous car market growth.

The bifurcations of the European autonomous car market based on vehicle autonomy are fully autonomous car and semi-autonomous car. In terms of sales volume, during the historical period, the entire market share was held by semi-autonomous cars. The fully autonomous car category is expected to grow faster during the forecast period with such cars’ launch slated for 2023. The fully autonomous car category is subdivided into level 4 and level 5, based on automation level. During the forecast period, level 4 cars are expected to account for the larger market share in terms of volume.

Increasing number of partnerships and collaborations among key players is the trend in the European autonomous car market. For instance, Fiat-Chrysler partnered with the BMW Group in 2018 for software and hardware assistance. They also collaborated with Delphi and Continental for autonomous vehicle parts and with Intel to procure computer chips. With the purpose of initiating level 4 autonomous cars testing, PSA Group entered into a partnership with an autonomous vehicle startup, Almotive.

The key drivers for the European autonomous car market are efficient road traffic management and the safer performance of these cars compared to conventional ones. These factors are instrumental in attracting consumers toward autonomous driving technology, thereby driving the growth of this market. The majority of road accidents are caused by human errors, such as inappropriate speed, failure to pay attention, and unsafe distance from the vehicle in front. The key factor boosting the market growth in this region is the integration of advanced driver-assistance systems (ADAS) in semi-autonomous cars. ADAS features include anti-lock braking system, automatic emergency braking, automatic parking, and adaptive cruise control.

In 2018, the largest volume share of more than 20.0% in the European autonomous car market was held by Germany. The presence of major original equipment manufacturers, which are introducing car models with new technology and higher automation levels, have contributed to the growth of the German market. Manufacturers and their tier-1 suppliers file the most number of patents in Germany as compared to other European countries. Over 5,800 autonomous vehicle patents were filed globally between 2010 and 2017, of which Germany accounted for 51.0%.

BMW Group, Fiat-Chrysler Automobiles N.V., Volkswagen Group, and Daimler AG are the key players in the European autonomous car market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Vision and Navigation System Market for Autonomous Vehicle: Focus on Components (Camera, LiDAR, Radar, Ultrasonic Sensor, GPS, and IMU), Level of Autonomy, and Region – Analysis & Forecast, 2019-2024

Global Vision and Navigation System Market for Autonomous Vehicle: Focus on Components (Camera, LiDAR, Radar, Ultrasonic Sensor, GPS, and IMU), Level of Autonomy, and Region – Analysis & Forecast, 2019-2024

  • $ 5000
  • June 2019

Global Vision and Navigation System Market for Autonomous Vehicle to Grow at a CAGR of 26.78% from 2019-2024Key Questions Answered in the Report:• What was the total revenue generated by the global vision ...

North American Autonomous Car Market

North American Autonomous Car Market

  • $ 3500
  • May 2019

North American Autonomous Car MarketThe North American fully autonomous car market is projected to grow at a 17.1% CAGR during 2023–2030, garnering $52.3 billion by 2030. The contributing factors in ...

Breakthrough Sensor Innovations in L4 and L5 Autonomous Driving

Breakthrough Sensor Innovations in L4 and L5 Autonomous Driving

  • $ 4950
  • June 2019

Advancement in Sensor Technologies encouraging L4 and L5 Autonomous DrivabilityLevel 4 autonomous vehicles or self driving vehicles have a high level of automation in which the vehicle can perform all ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on