L2+ Hands-off Assisted Driving Report 2024, with Profiles of Key Players APTIV, BMW, Bosch, Continental, Ford, GM, Mobileye, Nissan, NVIDIA, Qualcomm, Toyota & ZF

DUBLIN, Feb. 1, 2024 /PRNewswire/ — The “Growth Opportunities in L2+ Hands-off Assisted Driving” report has been added to ResearchAndMarkets.com’s offering.

The automotive industry value chain is transitioning from the traditional pyramid form to a flat one. Technology companies work with original equipment manufacturers (OEMs) and tiered suppliers to develop, validate, supply, and integrate advanced driver-assist technologies that enable hands-off driving to enhance the comfort and convenience for the driver.

Although the SAE J3016TM Levels of Driving Automation does not officially recognize Level 2+ (L2+), the automotive industry considers L2+ as an autonomous level, one that bridges the capability and requirements gap between Level 2 and Level 3 (L3) automated driving (AD).

Ecosystem players define L2+ in different ways. However, most OEMs equate L2+ with hands-off assisted driving, where the driver must monitor the driving activity and be available to take over the dynamic driving task when necessary. Higher adoption of L2+ hands-off driving will introduce and drive acceptance of automated driving technologies among consumers.

Initially, the L2 advanced driver assistance system (ADAS) market was driven by emerging OEMs offering features such as hands-off highway driving assist systems in the US market. Now, competitive intensity has compelled traditional OEMs to introduce ADAS features by offering hands-off driving in their L2+ vehicles. The L2 ADAS market is driven by premium and mass market OEMs, especially by their expensive and flagship vehicles that feature ADAS systems such as adaptive cruise control (ACC) and lane-keep assist (LKA). OEMs will likely update these offerings to L2+ hands-off assists in the three to five years.

This study of the global L2+ market highlights its technologies and competitive landscape. The study also includes analyses of the market’s business models, product strategies, and growth opportunities, with forecasts from 2023 to 2030.

Key Issues Addressed:

What is L2+? What are the reasons for introducing a new level in AD?What are the key drivers and restraints for the L2+ market?How do industry experts expect the L2+ market to grow? How are major OEMs responding to the trend?What are the technology roadmaps, bill of materials, and cost of L2+ systems?Who are the key players, and what are their solutions in the L2+ space?

Key Growth Opportunities:

Growth Opportunity 1 – Highway-assisted DrivingGrowth Opportunity 2 – Advanced Perception SensorsGrowth Opportunity 3 – DMS

Company Coverage:

APTIVBMWBoschContinentalFordGMMobileyeNissanNVIDIAQualcommToyotaZF

Key Topics Covered:

Strategic Imperatives

The Impact of the Top 3 Strategic Imperatives on the L2+ Hands-off Assisted Driving IndustryGrowth Opportunities Fuel the Growth Pipeline EngineTVehicle SegmentationSAE International’s Definitions for Driving Automation LevelsADAS & AD Market SegmentationL2+ Hands-off Assisted Driving SegmentationKey Competitors – L2+ Hands-off Assisted Driving IndustryRegulations Overview – L2+ Hands-off Assisted Driving Industry

Growth Opportunity Analysis

Scope of AnalysisGrowth MetricsGrowth DriversGrowth RestraintsForecast AssumptionsFeature Penetration ForecastPenetration Forecast by RegionFeature Penetration Forecast – Highway Assist and Extra Urban AssistCompetitive Environment

Growth Opportunity Analysis – Europe

Growth MetricsFeature Penetration ForecastFeature Penetration Forecast – Highway Assist and Extra Urban Assist

Growth Opportunity Analysis – North America

Growth MetricsFeature Penetration ForecastFeature Penetration Forecast – Highway Assist and Extra Urban Assist

Growth Opportunity Analysis – APAC

Growth MetricsFeature Penetration ForecastFeature Penetration Forecast – Highway Assist and Extra Urban Assist

Overview of L2+ Hands-off Assisted Driving Industry

What is L2+ Hands-off Driving Assist?Why is the Automotive Industry Promoting L2+ Hands-off Assisted Driving?Key Trends in L2+ Hands-off Driving AssistL2+ Hands-off Driving RoadmapKey Components of an L2+ SystemTypical L2+ Highway Assist Sensor Suite and Pricing Analysis (To OEMs)Typical L2+ Extra-urban Assist Sensor Suite and Pricing Analysis (To OEMs)L2+ Hands-off Driving Assist – Value ChainBusiness Models to Deploy Hands-off Driving FeaturesL2+ Ecosystem

L2+ Hands-off Assisted Driving Industry – Key Technology Companies

Mobileye SuperVisionNVIDIA DRIVE AutoPilotQualcomm Snapdragon Ride PlatformCompetitive Landscape L2+ Solution – Technology Developers

L2+ Hands-off Assisted Driving Industry – Key Tier I Suppliers

ZF L2+ Solution PortfolioContinental L2+ Solution PortfolioAPTIV L2+ SolutionBosch L2+ SolutionCompetitive Landscape L2+ Solutions – Tier I Suppliers

L2+ Hands-off Assisted Driving Industry – Key OEM Profiles

Nissan ProPILOT 2.0Nissan ProPILOT 2.0 – Sensor Suite and Vehicle Deployment StrategyToyota TeammateToyota Teammate – Sensor Suite and Vehicle Deployment StrategyGM Super CruiseGM Super Cruise – Sensor Suite and Vehicle Deployment StrategyGM Ultra CruiseFord BlueCruiseFord BlueCruise – Sensor Suite and Vehicle Deployment StrategyBMW Highway AssistantCompetitive Landscape, L2+ ADAS – Mass Market OEMsCompetitive Landscape, L2+ ADAS – Premium OEMsOEM Benchmarking to L2+ Hands-off Assisted Driving Industry

For more information about this report visit https://www.researchandmarkets.com/r/d95r84

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com 

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/l2-hands-off-assisted-driving-report-2024-with-profiles-of-key-players-aptiv-bmw-bosch-continental-ford-gm-mobileye-nissan-nvidia-qualcomm-toyota–zf-302050365.html

SOURCE Research and Markets