Europe Autonomous Driving Software Market Size, Share & Trends Analysis Report By Propulsion (ICE and Electric Vehicles), By Level of Autonomy (L2, L1, L3, and L4 & L5), By Vehicle Type, By Type, By Country and Growth Forecast, 2024 - 2031
The Europe Autonomous Driving Software Market would witness market growth of 13.1% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Autonomous Driving Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $290.2 million by 2031. The UK market is exhibiting a CAGR of 12.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 14% during (2024 - 2031).
This software can be tailored to assist individuals with disabilities or special needs. For example, vehicles can be equipped with features that assist with boarding and exiting or offer adaptive controls that cater to specific physical requirements. Beyond traditional farming equipment, this software is being applied to manage agricultural drones and robots. These can perform tasks such as planting, harvesting, and monitoring crops autonomously, optimizing efficiency in agriculture.
The adoption of this software is advancing rapidly, driven by a variety of factors across different sectors and regions. Some regions are adopting regulatory sandbox approaches to facilitate the testing and deployment of AV. These initiatives allow companies to test their technologies in controlled environments with relaxed regulations, accelerating the development and approval process. The adoption of autonomous driving software is prompting changes in the insurance industry. New insurance models are being developed to address the unique risks associated with autonomous vehicles, including policies that cover software malfunctions, cybersecurity threats, and liability in complex driving scenarios.
The large volume of vehicle production in Italy drives a higher integration rate of ADS technologies across various car models, leading to a broader deployment of autonomous features throughout the Italian automotive industry. With a high production output, Italian consumers are exposed to autonomous driving technologies more frequently, which can accelerate the adoption and acceptance of ADS features. The growing market share of autonomous vehicles will lead to increased investment in research and development for ADS technologies as companies strive to stay competitive and meet high-performance standards. With more resources allocated to R&D, innovation will surge, leading to developing cutting-edge technologies and solutions for autonomous driving. In conclusion, high vehicle production and increasing market share of autonomous vehicles in the region drive the market's growth.
Based on Propulsion, the market is segmented into ICE and Electric Vehicles. Based on Level of Autonomy, the market is segmented into L2, L1, L3, and L4 & L5. Based on Vehicle Type, the market is segmented into Passenger Vehicles and Commercial Vehicles. Based on Type, the market is segmented into Perception & Planning Software, Chauffeur Software, Interior Sensing Software, and Supervision & Monitoring Software. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Aptiv PLC
- Baidu, Inc.
- Continental AG
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Intel Corporation
- NVIDIA Corporation
- Forvia SE
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Robert Bosch GmbH
- Mercedes-Benz Group AG
By Propulsion
- ICE
- Electric Vehicles
- L2
- L1
- L3
- L4 & L5
- Passenger Vehicles
- Commercial Vehicles
- Perception & Planning Software
- Chauffeur Software
- Interior Sensing Software
- Supervision & Monitoring Software
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Autonomous Driving Software Market, by Propulsion
- 1.4.2 Europe Autonomous Driving Software Market, by Level of Autonomy
- 1.4.3 Europe Autonomous Driving Software Market, by Vehicle Type
- 1.4.4 Europe Autonomous Driving Software Market, by Type
- 1.4.5 Europe Autonomous Driving Software Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Jan – 2024, Jun) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe Autonomous Driving Software Market by Propulsion
- 5.1 Europe ICE Market by Country
- 5.2 Europe Electric Vehicles Market by Country
- Chapter 6. Europe Autonomous Driving Software Market by Level of Autonomy
- 6.1 Europe L2 Market by Country
- 6.2 Europe L1 Market by Country
- 6.3 Europe L3 Market by Country
- 6.4 Europe L4 & L5 Market by Country
- Chapter 7. Europe Autonomous Driving Software Market by Vehicle Type
- 7.1 Europe Passenger Vehicles Market by Country
- 7.2 Europe Commercial Vehicles Market by Country
- Chapter 8. Europe Autonomous Driving Software Market by Type
- 8.1 Europe Perception & Planning Software Market by Country
- 8.2 Europe Chauffeur Software Market by Country
- 8.3 Europe Interior Sensing Software Market by Country
- 8.4 Europe Supervision & Monitoring Software Market by Country
- Chapter 9. Europe Autonomous Driving Software Market by Country
- 9.1 Germany Autonomous Driving Software Market
- 9.1.1 Germany Autonomous Driving Software Market by Propulsion
- 9.1.2 Germany Autonomous Driving Software Market by Level of Autonomy
- 9.1.3 Germany Autonomous Driving Software Market by Vehicle Type
- 9.1.4 Germany Autonomous Driving Software Market by Type
- 9.2 UK Autonomous Driving Software Market
- 9.2.1 UK Autonomous Driving Software Market by Propulsion
- 9.2.2 UK Autonomous Driving Software Market by Level of Autonomy
- 9.2.3 UK Autonomous Driving Software Market by Vehicle Type
- 9.2.4 UK Autonomous Driving Software Market by Type
- 9.3 France Autonomous Driving Software Market
- 9.3.1 France Autonomous Driving Software Market by Propulsion
- 9.3.2 France Autonomous Driving Software Market by Level of Autonomy
- 9.3.3 France Autonomous Driving Software Market by Vehicle Type
- 9.3.4 France Autonomous Driving Software Market by Type
- 9.4 Russia Autonomous Driving Software Market
- 9.4.1 Russia Autonomous Driving Software Market by Propulsion
- 9.4.2 Russia Autonomous Driving Software Market by Level of Autonomy
- 9.4.3 Russia Autonomous Driving Software Market by Vehicle Type
- 9.4.4 Russia Autonomous Driving Software Market by Type
- 9.5 Spain Autonomous Driving Software Market
- 9.5.1 Spain Autonomous Driving Software Market by Propulsion
- 9.5.2 Spain Autonomous Driving Software Market by Level of Autonomy
- 9.5.3 Spain Autonomous Driving Software Market by Vehicle Type
- 9.5.4 Spain Autonomous Driving Software Market by Type
- 9.6 Italy Autonomous Driving Software Market
- 9.6.1 Italy Autonomous Driving Software Market by Propulsion
- 9.6.2 Italy Autonomous Driving Software Market by Level of Autonomy
- 9.6.3 Italy Autonomous Driving Software Market by Vehicle Type
- 9.6.4 Italy Autonomous Driving Software Market by Type
- 9.7 Rest of Europe Autonomous Driving Software Market
- 9.7.1 Rest of Europe Autonomous Driving Software Market by Propulsion
- 9.7.2 Rest of Europe Autonomous Driving Software Market by Level of Autonomy
- 9.7.3 Rest of Europe Autonomous Driving Software Market by Vehicle Type
- 9.7.4 Rest of Europe Autonomous Driving Software Market by Type
- Chapter 10. Company Profiles
- 10.1 Aptiv PLC
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.6 SWOT Analysis
- 10.2 Baidu, Inc.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
- 10.3 Continental AG
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.6 SWOT Analysis
- 10.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.5.2 Product Launches and Product Expansions:
- 10.4.6 SWOT Analysis
- 10.5 Intel Corporation
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
- 10.6 NVIDIA Corporation
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.5.2 Product Launches and Product Expansions:
- 10.6.5.3 Acquisition and Mergers:
- 10.6.6 SWOT Analysis
- 10.7 Forvia SE
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 SWOT Analysis
- 10.8 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations, and Agreements:
- 10.8.5.2 Product Launches and Product Expansions:
- 10.8.6 SWOT Analysis
- 10.9 Robert Bosch GmbH
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Acquisition and Mergers:
- 10.9.6 SWOT Analysis
- 10.10. Mercedes-Benz Group AG
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 Recent strategies and developments:
- 10.10.5.1 Partnerships, Collaborations, and Agreements:
- 10.10.5.2 Product Launches and Product Expansions:
- 10.10.6 SWOT Analysis
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