Autonomous Cars or Driverless Cars Market
Autonomous Cars or Driverless Cars Market - Global Industry Assessment & Forecast
Segments Covered
- By Mobility Type Shared Mobility, Personal Mobility
- By Level of Autonomy L1, L2, L3, L4, L5
- By Component Camera Unit, LiDAR, Radar Sensor, Ultrasonic Sensor, Infrared Sensor
- By Electric Vehicle Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)
- By System Adaptive Cruise Control (ACC), Adaptive Front Light (AFL), Automatic Emergency Braking (AEB), Blind Spot Detection (BSD), Cross Traffic Alert (CTA), Driver Monitoring System (DMS), Forward Collision Warning (FCW), Intelligent Park Assist (IPA), Lane Departure Warning (LDW), Night Vision System (NVS), Pedestrian Detection System (PDS), Road Sign Recognition (RSR), Tire Pressure Monitoring System (TPMS), Traffic Jam Assist (TJA)
- By Region North America, Europe , Asia Pacific, Latin America , The Middle-East and Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 23.3 Billion |
Revenue 2032: | USD 59.7 |
Revenue CAGR (2024 - 2032): | 12.48 % |
Fastest Growing Region (2024 - 2032) | Asia Pacific |
Largest Region (2023): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Autonomous Cars or Driverless Cars Market by Mobility Type by Level of Autonomy by Component by Electric Vehicle by System by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- First-hand information global market size, regional and segmental trends, competitive landscape
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
After the determination of the overall market size through secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up approaches were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Autonomous Cars or Driverless Cars market.
FAQ
Frequently Asked Question
What is the global demand for Autonomous Cars or Driverless Cars in terms of revenue?
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The global Autonomous Cars or Driverless Cars valued at USD 23.3 Billion in 2023 and is expected to reach USD 59.7 in 2032 growing at a CAGR of 12.48 %.
Which are the prominent players in the market?
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The prominent players in the market are BMW AG, Audi AG, Ford Motor Company, Daimler AG, Google LLC, General Motors Company, Nissan Motor Company, Honda Motor Co., Ltd., Toyota Motor Corporation, Tesla, Volvo Car Corporation, Uber Technologies, Inc., Volkswagen AG.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 12.48 % between 2024 and 2032.
What are the driving factors fueling the growth of the market.
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The driving factors of the Autonomous Cars or Driverless Cars include
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Autonomous Cars or Driverless Cars in 2023.