Global Autonomous Vehicle Processor Market Research Report: Forecast (2021-2026)

An autonomous vehicle can sense its environment and allows vehicle movements with least or no human involvement. It uses processors for its functioning. Therefore, the higher the level of autonomy, the better is the processor working for autonomous vehicles.

Market Opportunities

According to MarkNtel Advisors’ research report “Global Autonomous Vehicle Processor Market Analysis, 2021,” the market is likely to grow at a CAGR of 21% during 2021-26F. The growth of the global autonomous vehicle processor market attributes to the high demand for new & innovative autonomous processors. It is to enhance the transportation sector and increase government support for the development. However, the high cost associated with autonomous vehicles and their processor is the biggest challenge hindering the market growth.

Market Segmentation

Increasing Trend of Level 4 Autonomous Vehicle Processor

Based on the application, the Level 4 autonomous vehicle segment can rapidly grow during the forecast period. The growth attributes to the unique feature of Level 4 autonomous vehicles. It enables vehicle movements without requiring a human driver. It is to help the blind and disable people to become independent and have access to essential services. Additionally, in all technological developments of the country, the Global Autonomous Vehicle Processor Market is likely to grow between 2021-2026, reveals MarkNtel Advisors in their research report, “Global Autonomous Vehicle Processor Market Analysis, 2021.”

Impact of COVID-19

The outbreak of the coronavirus pandemic has negatively impacted the global autonomous vehicle processor market due to lockdown imposition and government policies to temporarily shut down the manufacturing units leading to disruption in supply chain and production capacity. However, post-outbreak of COVID-19, a rising inclination toward the usage of online platforms is likely to witness, which would further lead to an increase in the sales of autonomous vehicles. Also, as the market resumes, the global Autonomous Vehicle Processor market is likely to observe a positive growth in the forecast timeline.

Competitive Landscape

According to the MarkNtel Advisors’, the key players with a considerable market share in the Global Autonomous Vehicle Processor market include NXP Semiconductors N.V., Intel Corporation, Tesla, Inc., BASF SE, NVIDIA Corporation, Texas Instruments Incorporated, KALRAY Corporation, Renesas Electronics Corporation, Qualcomm Technologies, Inc, Xilinx, Inc., Hailo Technologies Ltd, Ambarella, Inc., AImotive, Others. 

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Autonomous Vehicle Processor Market?
2. What is the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, opportunities, current and future trends and regulations in the Global Autonomous Vehicle Processor Market?  
4. Who are the key competitors, what are their key strength and weakness and how they perform in Global Autonomous Vehicle Processor Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Autonomous Vehicle Processor Market study?   

 Market Outlook, Segmentation and Statistics 

• Impact of COVID-19 on Global Autonomous Vehicle Processor Market
  • Market Size & Forecast
    • By Revenues (USD Million)
    • By Volume
  • Market Share & Forecast
  • By Product
    • Passenger Vehicles
    • Commercial Vehicles
  • By Application
    • Level 2 Autonomous Vehicle
    • Level 3 Autonomous Vehicle
    • Level 4 Autonomous Vehicle
    • Level 5 Autonomous Vehicle
  • By Region
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa
  • By Company
    • Revenue Shares
    • Strategic Factorial Indexing
    • Competitor Placement in MarkNtel Quadrant
  • Global Autonomous Vehicle Processor Market, 2016-2026F (USD Million)
  • Global Autonomous Vehicle Processor Market Policies, Regulations by Country, Standards
  • Global Autonomous Vehicle Processor Market Trends
  • Global Autonomous Vehicle Processor Market Drivers, Challenges, Opportunities, Success Factors

• Global Competition Outlook
  • Competition Matrix
  • Company Profile