Autonomous Vehicle Market Research Report: Global Industry Analysis, Opportunities, Restraints, and Forecast 2016-2024

Global Autonomous Vehicle Market Anticipated to Expand at a CAGR of +39% during the Forecast Period 2025-2035

According to Goldstein Research, global autonomous vehicle market is expected to hit roads by 2020, and during the period of 2025-2035, the global autonomous vehicle market is expected to grow at a CAGR of more than 39%. Moreover, after the deployment of self-driving vehicles, sales of more than 600,000 units is projected. High expenditure from automotive companies and equally government support towards deployment of autonomous vehicles is driving the growth of the market. Global autonomous vehicle market segmentation has been carried out on the basis of technology, vehicle type, components, and geography. After the deployment of autonomous vehicles i.e. 2020, driver assistance and semi-autonomous passenger cars are anticipated to dominate the market.

Global autonomous vehicle market is expected to be largely driven by North America in terms of sales i.e. projected 4.5 million autonomous vehicles by 2035. North America is closely followed by Europe and the Asia Pacific. The Europe market is dominated by Germany self-driving cars market

Market Segmentation

On the basis of our in-depth analysis, Global Autonomous Vehicle Market can be segmented as follows:

  • By Technology Type
    • Driver Assistance
    • Semi-Automation
    • High Automation
    • Full Automation
  • By Vehicle Type
    • Passenger Cars
    • Commercial Vehicles
  • By Components
    • Software
      • Applications
      • Operating systems
    • Hardware
      • Cameras
      • GPS systems
      • Communication Systems
      • Sensors
      • Radars
      • LIDARs
      • Wheel Speed Sensors
      • Ultrasonic
      • Others
  • By Region
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}


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 “Global Autonomous Vehicle Industry Outlook 2024”contains a detailed overview of the global autonomous vehicle market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by technology, vehicle type, and components.

Further, for the in-depth analysis, Global Autonomous Vehicle Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as Volkswagen Group, Tesla Motors, Daimler Group, Google Inc., Uber, BMW AG, Audi AG, General Motors, Volvo Group, Nissan Motor Company, Baidu Inc., Apple Inc., Ford Motor Company, Toyota Motor Corporation, Dutch Automated Vehicle Initiative (DAVI), etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global autonomous vehicle market trends along with a market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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Our analysts working on automotive industry research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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