Strategic Overview of Start-ups Disrupting the Global Autonomous Vehicle Market
Adoption of L2 and above ADAS and Autonomous Features Will Create New Growth Opportunities for Start-ups
15-Sep-2022
North America
Market Research
PD72-01-00-00-00
AU02402-NA-MT_26906
Companies have been developing advanced driver assistance systems (ADAS) and autonomous driving (AD) technologies continuously with the widespread adoption of Level 2 and above autonomies in markets like North America, Europe, China, and parts of Asia-Pacific. With the transition from ADAS to AD, technology companies, OEMs, and Tier suppliers must prepare with hardware, software, and technology capabilities that will enable this evolution.
OEMs are continuously looking for partnerships with start-ups in the autonomous vehicle (AV) space to develop hardware and software capabilities. AV start-ups, in contrast, attract huge funding from venture capitalists, value chain partners, and OEMs as the push for the commercialization of Level 2 and above autonomies intensifies.
Research Scope
The scope of this study covers start-up companies in the ADAS and AD space under the following key segments: ADAS/AD software; ADAS/AD hardware; development, localization, and validation software; LiDAR; camera and vision systems; radar; and autonomous vehicles. Frost & Sullivan short listed more than 175 companies in global regions and evaluated them based on several parameters, such as regional impact, global market presence, business scalability, portfolio strength, funding, and investments, and then ranked them on a scale of 10. Profiles of the leading 3 companies under each segment are provided.
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Autonomous Vehicle Start-up Space
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Scope
Market Segmentation and Definitions
Autonomous Driving—Key Competitors
Global AV Forecast, 2021–2028
Analysis by Region—North America
Analysis by Region—Europe
Analysis by Region—APAC
Growth Drivers for Autonomous Driving Start-ups
Growth Restraints for Autonomous Driving Start-ups
Start-up Definition
The Start-up Methodology
Step 1 of the Benchmarking Criteria—Definition
Step 2 of the Benchmarking Criteria—Definition
Autonomous Driving Start-ups—Benchmark Overview
The Startup Ecosystem—175+ Start-ups Disrupting the Value Chain
Main Participants Investing in Start-ups
Autonomous Driving Start-ups by Region
North America as Emerging Global Destination for Start-up Investments in Autonomous Driving
Main Findings
Step 1 of the Benchmarking Criteria—Definition
Shortlisting Exercise
Shortlisting Exercise (continued)
Shortlisting Exercise (continued)
Frost & Sullivan's Criteria to Shortlist Companies
Step 2 of the Benchmarking Criteria—Definition
Frost & Sullivan Start-up Evaluation Radar—Scorecard
Frost & Sullivan Start-up Evaluation Radar—Scorecard (continued)
Horizon.ai Profile
Wayve Profile
Tier IV Profile
Step 1 of the Benchmarking Criteria—Definition
Shortlisting Exercise
Shortlisting Exercise (continued)
Frost & Sullivan's Criteria to Shortlist Companies
Step 2 of the Benchmarking Criteria—Definition
Frost & Sullivan Start-up Evaluation Radar—Scorecard
Frost & Sullivan Start-up Evaluation Radar—Scorecard (continued)
Scale AI Profile
Applied Intuition Profile
Tactile Mobility Profile
Step 1 of the Benchmarking Criteria—Definition
Shortlisting Exercise
Frost & Sullivan's Criteria to Shortlist Companies
Step 2 of the Benchmarking Criteria—Definition
Frost & Sullivan Start-up Evaluation Radar—Scorecard
TTTech Auto Profile
Hailo Profile
Calmcar Vision System Profile
Step 1 of the Benchmarking Criteria—Definition
Shortlisting Exercise
Shortlisting Exercise (continued)
Step 2 of the Benchmarking Criteria—Definition
Frost & Sullivan's Criteria to Shortlist Companies
Frost & Sullivan Start-up Evaluation Radar—Scorecard
Luminar Profile
Hesai Technologies Profile
Velodyne Profile
Step 1 of the Benchmarking Criteria—Definition
Shortlisting Exercise
Frost & Sullivan's Criteria to Shortlist Companies
Step 2 of the Benchmarking Criteria—Definition
Frost & Sullivan Start-up Evaluation Radar—Scorecard
StradVision Profile
Calmcar Vision System Profile
TriEye Profile
Step 1 of the Benchmarking Criteria—Definition
Shortlisting Exercise
Frost & Sullivan's Criteria to Shortlist Companies
Step 2 of the Benchmarking Criteria—Definition
Frost & Sullivan Start-up Evaluation Radar—Scorecard
Vayyar Imaging Profile
Arbe Robotics Profile
Echodyne Profile
Step 1 of the Benchmarking Criteria—Definition
Shortlisting Exercise
Shortlisting Exercise (continued)
Frost & Sullivan's Criteria to Shortlist Companies
Step 2 of the Benchmarking Criteria—Definition
Frost & Sullivan Start-up Evaluation Radar—Scorecard
Cruise Profile
DiDi Autonomous Driving Profile
Waymo Profile
Growth Opportunity 1—Increased Adoption Level 2 and L3 Piloted Driving
Growth Opportunity 1—Increased Adoption of L2 and L3 Piloted Driving (continued)
Growth Opportunity 2—Perception Sensing Solutions for ADAS and AD
Growth Opportunity 2—Perception Sensing Solutions for ADAS and AD (continued)
Growth Opportunity 3—Strategic Partnerships in AV Ecosystem
Growth Opportunity 3—Strategic Partnerships in AV Ecosystem (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
Speak directly with our analytics experts for tailored recommendations.
Recent related Autonomous Vehicles research
23 Oct 2026 | Global | Technology Research
Growth Opportunities in Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores
The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms ...
15 Oct 2026 | Asia Pacific | Market Outlook
Automotive Market Opportunities, South Korea, 2026
This Frost & Sullivan report analyzes South Korea’s automotive market, focusing on passenger vehicles and light commercial vehicles.South Korea has built a fully integrated supply chain, covering everything from manufacturing to sales and aftermarket services. The entire business cycle is continuous...
25 Sep 2026 | Global | Technology Research
Growth Opportunities in Next-Gen Wireless EV charging, Automotive Grade IoT module, Autonomous driving, E-bike Platform, UAVs, and 4D Radars
The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to EV charging, Automotive Grade IoT module, Autonomous driving, E-bike Platform, UAVs, and 4D Radars.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled gro...
22 Sep 2026 | Global | Market Research
Growth Opportunities in the Global EV Power Electronics Market, 2025–2032
The rapid push toward e-mobility is accelerating adoption of advanced power electronics by major OEMs. Power electronics underpin electric vehicle reliability, efficiency, and performance. Core systems, including traction inverters, onboard chargers, and DC-DC converters, are gaining strategic impor...
31 Aug 2026 | Global | Market Outlook
Off-Highway Equipment Market Predictions and Growth Opportunities, Global, 2026
The global off-highway (OHW) equipment industry enters 2026 amid a complex and evolving macroeconomic environment characterized by geopolitical uncertainty, energy price volatility, and shifting trade dynamics. While the baseline outlook suggests moderate global GDP growth of about 3%, downside scen...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.