Autonomous Vehicle Market Trend in Germany, Growth Opportunities Created by COVID19 Outbreak

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According to the market research report published by P&S Intelligence, the German fully autonomous vehicle market is expected to reach $28.0 billion by 2030, advancing at a CAGR of 20.2% during 2023–2030. Increasing government support toward the development of autonomous vehicles and the rising need for safer and more efficient driving options are the major factors boosting the growth of the German autonomous vehicle market.

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Germany is the first country in the world to authorize semi- and fully autonomous driving systems. In December 2016, the German government publicized its objectives to develop autonomous driving infrastructure in the country. Moreover, the growing government support in the form of subsidies, grants, and other assistance is propelling the growth of the German autonomous vehicle market.



On the basis of vehicle autonomy, the German autonomous vehicle market has been categorized into semi-autonomous and fully autonomous cars. Between the two, semi-autonomous cars held the entire market share in 2018 and are expected to continue leading the market till 2023.

In 2012, the European Commission confirmed a proposal for the mandatory introduction of ESC in all new passenger cars and commercial vehicles sold in the EU, with all new vehicles being equipped by 2014. This eventually made all passenger cars semi-autonomous, as the ESC equipped cars are considered level 1 autonomous cars. However, during 2023–2030, the German autonomous vehicle market is expected to witness faster growth in the category of fully autonomous vehicles in terms of sales volume.

The mass production of autonomous vehicles not only involves the development of software prototype but also the production of electronic components, with complete component verification and validation, both virtually and physically. The process also includes system-driven product development. Thus, to facilitate the same and to support autonomous vehicle testing, many players in the German autonomous vehicle market have entered into partnerships in the past few years. For instance, in 2018, BMW AG entered into a partnership with TTTech Computertechnik AG and KPIT Technologies Limited for the development of a scalable platform (software) to facilitate autonomous driving and to support level 3, 4, and 5 functions.

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Some of the major manufacturers operating in the German autonomous vehicle market are Volkswagen AG, FCA Italy S.p.A., Group PSA, BMW Group, Hyundai Motor Company, Toyota Motor Corporation, Tesla Inc., Renault–Nissan B.V., Ford Motor Company, and Daimler AG.

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