Autonomous vehicle development platform market to grow at a CAGR of 30.94% from 2022 to 2027: Increasing demand for driver assistance systems to boost market growth - Technavio

NEW YORK, April 14, 2023 /PRNewswire/ -- The global autonomous vehicle development platform market size is estimated to increase by USD 82,788.43 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 30.94%. The increasing demand for driver assistance systems is driving market growth. Driver assistance systems play a key role in Level 3 autonomous vehicles. The capabilities of advanced driver assistance systems (ADAS) have increased over the years. Currently, these systems are mainly implemented in luxury vehicles. However, during the forecast period, they will be implemented in other vehicle segments with advances in technology. Therefore, the increasing demand for driver assistance systems is expected to fuel market growth during the forecast period. Discover some insights on market size, historic period (2017 to 2021), and forecast period (2023-2027) before buying the full report - Request a sample report

Autonomous vehicle development platform market – Vendor analysis
Vendor landscape –

The global autonomous vehicle development platform market is fragmented. A few prominent vendors that offer autonomous vehicle development platforms in the market are Amazon.com Inc., ANSYS Inc., BMW AG, FiveAI Ltd., Ford Motor Co., General Motors Co., Green Hills Software LLC, Hexagon AB, Honda Motor Co. Ltd., Hyundai Motor Co., Mercedes Benz Group AG, NVIDIA Corp., Porsche Automobil Holding SE, Qualcomm Inc., Renault SAS, Siemens AG, Tata Consultancy Services Ltd., Tesla Inc., Toyota Motor Corp., and Trimble Inc. and others.

Automakers across the world are adopting advanced autonomous technologies to make driving safe and comfortable. This, in turn, will provide lucrative opportunities to market players. Key vendors in the market are expected to innovate their product portfolios. Moreover, suppliers are expected to launch advanced AVDPs to cater to several vehicle variants. Such developments are expected to sustain the competition among global players and new players.

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Vendor offerings -

• BMW AG - The company offers autonomous vehicle development platform solutions such as the BMW Group High Performance D3 platform.
• Ford Motor Co. - The company offers autonomous vehicle development platform solutions with ARGO AI.
• General Motors Co. - The company offers autonomous vehicle development platform solutions such as the GM Vehicle Intelligence Platform.
• For details on vendors and their offerings – Request a sample report

Autonomous vehicle development platform market - Segmentation assessment

Segment overview

Technavio has segmented the market based on vehicle type (passenger car and commercial vehicle), end-user (mixed AVDP, image based AVDP, and sensor fusion based AVDP), and geography (North America, Europe, APAC, Middle East and Africa, and South America). 

• The passenger car segment will account for a significant share of the market growth during the forecast period. With the increase in demand for AVDPs from ride-hailing and logistics companies, automakers are focusing on developing self-driving technology for passenger vehicles. Regions such as North America and Europe are at the forefront of autonomous vehicle development. Moreover, the demand for luxury vehicles, which are the major users of autonomous vehicle development platforms, is increasing globally. These factors will drive the growth of the passenger car segment during the forecast period.

Geography overview

The report provides actionable insights and estimates the contribution of all regions to the growth of the global autonomous vehicle development platform market.

• North America is estimated to account for 33% of the growth of the global market during the forecast period. The US is the key revenue contributor to the market in the region. Vehicle manufacturers in North America have been actively carrying out R&D for autonomous vehicles. OEMs are acquiring technology start-ups or entering into partnerships with technology companies and fleet operators. Such developments are expected to positively impact the growth of the market in North America.

The report comprises of various segments as well as analysis of the trends and factors that are playing a substantial role in the market. - Download a sample report

Autonomous vehicle development platform market – Market dynamics

Key trends - The 3D printing of hardware-based AVDPs is a key trend in the market. 3D printing is used in many many fields, such as engineering, aerospace, automotive, energy, military, manufacturing, arts, medicine, and education. In enables on-demand production in the manufacturing industry. 3D printing also ensures optimal use of raw materials. Therefore, many consumers and manufacturers are adopting this technology. These factors will support market growth during the forecast period.

Major challenges - A multitude of compliance standards is challenging the market growth. Autonomous system components should be certified to the required Automotive Safety Integrity Level (ASIL). In addition, the supplier of such systems may have to comply with the ISO 26262 standard, which defines functional safety for vehicle equipment and applies to the entire lifecycle of automotive electronic and electrical safety-related systems. Such factors are expected to pose a threat to the growth of the market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this autonomous vehicle development platform market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the autonomous vehicle development platform market between 2023 and 2027
• Precise estimation of the size of the autonomous vehicle development platform market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the autonomous vehicle development platform market across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of autonomous vehicle development platform market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global autonomous vehicle development platform market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global autonomous vehicle development platform market 2017 - 2021 ($ million)

• 4.2 Vehicle type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Vehicle type Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Vehicle Type

• 6.1 Market segments
• Exhibit 30: Chart on Vehicle Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Vehicle Type - Market share 2022-2027 (%)

• 6.2 Comparison by Vehicle Type 
• Exhibit 32: Chart on Comparison by Vehicle Type
• Exhibit 33: Data Table on Comparison by Vehicle Type

• 6.3 Passenger car - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Passenger car - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Passenger car - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Passenger car - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Passenger car - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial vehicle - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Commercial vehicle - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Commercial vehicle - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Commercial vehicle - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial vehicle - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Vehicle Type 
• Exhibit 42: Market opportunity by Vehicle Type ($ million)
• Exhibit 43: Data Table on Market opportunity by Vehicle Type ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 46: Chart on Comparison by End-user
• Exhibit 47: Data Table on Comparison by End-user

• 7.3 Mixed AVDP - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Mixed AVDP - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Mixed AVDP - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Mixed AVDP - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Mixed AVDP - Year-over-year growth 2022-2027 (%)

• 7.4 Image based AVDP - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Image based AVDP - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Image based AVDP - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Image based AVDP - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Image based AVDP - Year-over-year growth 2022-2027 (%)

• 7.5 Sensor fusion based AVDP - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Sensor fusion based AVDP - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Sensor fusion based AVDP - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Sensor fusion based AVDP - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Sensor fusion based AVDP - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 60: Market opportunity by End-user ($ million)
• Exhibit 61: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027 
• Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027 
• Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Amazon.com Inc.
• Exhibit 115: Amazon.com Inc. - Overview
• Exhibit 116: Amazon.com Inc. - Business segments
• Exhibit 117: Amazon.com Inc. - Key news
• Exhibit 118: Amazon.com Inc. - Key offerings
• Exhibit 119: Amazon.com Inc. - Segment focus

• 12.4 BMW AG
• Exhibit 120: BMW AG - Overview
• Exhibit 121: BMW AG - Business segments
• Exhibit 122: BMW AG - Key offerings
• Exhibit 123: BMW AG - Segment focus

• 12.5 Ford Motor Co.
• Exhibit 124: Ford Motor Co. - Overview
• Exhibit 125: Ford Motor Co. - Business segments
• Exhibit 126: Ford Motor Co. - Key news
• Exhibit 127: Ford Motor Co. - Key offerings
• Exhibit 128: Ford Motor Co. - Segment focus

• 12.6 General Motors Co.
• Exhibit 129: General Motors Co. - Overview
• Exhibit 130: General Motors Co. - Business segments
• Exhibit 131: General Motors Co. - Key news
• Exhibit 132: General Motors Co. - Key offerings
• Exhibit 133: General Motors Co. - Segment focus

• 12.7 Honda Motor Co. Ltd.
• Exhibit 134: Honda Motor Co. Ltd. - Overview
• Exhibit 135: Honda Motor Co. Ltd. - Business segments
• Exhibit 136: Honda Motor Co. Ltd. - Key news
• Exhibit 137: Honda Motor Co. Ltd. - Key offerings
• Exhibit 138: Honda Motor Co. Ltd. - Segment focus

• 12.8 Hyundai Motor Co.
• Exhibit 139: Hyundai Motor Co. - Overview
• Exhibit 140: Hyundai Motor Co. - Business segments
• Exhibit 141: Hyundai Motor Co. - Key news
• Exhibit 142: Hyundai Motor Co. - Key offerings
• Exhibit 143: Hyundai Motor Co. - Segment focus

• 12.9 Mercedes Benz Group AG 
• Exhibit 144: Mercedes Benz Group AG - Overview
• Exhibit 145: Mercedes Benz Group AG - Product / Service
• Exhibit 146: Mercedes Benz Group AG - Key offerings

• 12.10 NVIDIA Corp.
• Exhibit 147: NVIDIA Corp. - Overview
• Exhibit 148: NVIDIA Corp. - Business segments
• Exhibit 149: NVIDIA Corp. - Key news
• Exhibit 150: NVIDIA Corp. - Key offerings
• Exhibit 151: NVIDIA Corp. - Segment focus

• 12.11 Porsche Automobil Holding SE 
• Exhibit 152: Porsche Automobil Holding SE - Overview
• Exhibit 153: Porsche Automobil Holding SE - Business segments
• Exhibit 154: Porsche Automobil Holding SE - Key offerings
• Exhibit 155: Porsche Automobil Holding SE - Segment focus

• 12.12 Qualcomm Inc.
• Exhibit 156: Qualcomm Inc. - Overview
• Exhibit 157: Qualcomm Inc. - Business segments
• Exhibit 158: Qualcomm Inc. - Key news
• Exhibit 159: Qualcomm Inc. - Key offerings
• Exhibit 160: Qualcomm Inc. - Segment focus

• 12.13 Renault SAS
• Exhibit 161: Renault SAS - Overview
• Exhibit 162: Renault SAS - Product / Service
• Exhibit 163: Renault SAS - Key offerings

• 12.14 Siemens AG
• Exhibit 164: Siemens AG - Overview
• Exhibit 165: Siemens AG - Business segments
• Exhibit 166: Siemens AG - Key news
• Exhibit 167: Siemens AG - Key offerings
• Exhibit 168: Siemens AG - Segment focus

• 12.15 Tata Consultancy Services Ltd. 
• Exhibit 169: Tata Consultancy Services Ltd. - Overview
• Exhibit 170: Tata Consultancy Services Ltd. - Business segments
• Exhibit 171: Tata Consultancy Services Ltd. - Key news
• Exhibit 172: Tata Consultancy Services Ltd. - Key offerings
• Exhibit 173: Tata Consultancy Services Ltd. - Segment focus

• 12.16 Tesla Inc.
• Exhibit 174: Tesla Inc. - Overview
• Exhibit 175: Tesla Inc. - Business segments
• Exhibit 176: Tesla Inc. - Key news
• Exhibit 177: Tesla Inc. - Key offerings
• Exhibit 178: Tesla Inc. - Segment focus

• 12.17 Toyota Motor Corp.
• Exhibit 179: Toyota Motor Corp. - Overview
• Exhibit 180: Toyota Motor Corp. - Business segments
• Exhibit 181: Toyota Motor Corp. - Key offerings
• Exhibit 182: Toyota Motor Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 183: Inclusions checklist
• Exhibit 184: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 185: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 186: Research methodology
• Exhibit 187: Validation techniques employed for market sizing
• Exhibit 188: Information sources

• 13.5 List of abbreviations 
• Exhibit 189: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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