Autonomous Vehicle Market Size, Share, Growth & Trend Analysis Report By Major Segments, Regions, and Leading Players Forecast, by 2022 - 2029
Global Autonomous Vehicle Market was valued at 20.3 Million Units in 2021, and it is expected to reach 55.12 Million Units by 2029, exhibiting a CAGR of 13.3 % during the forecast period (2022-2029)
Autonomous Vehicle Market Overview
The report by Maximize Market Research focuses on the Autonomous Vehicle market and provides an in-depth analysis by segments and sub-segments in global and regional markets. The report also includes drivers, restraints, and macro factors affecting the global and regional Autonomous Vehicle markets in the medium and long run. The research includes an in-depth analysis of the global Autonomous Vehicle market's trends, predictions, and monetary values. According to the report, between the years 2021 and 2029, the global Autonomous Vehicle market is predicted to grow at a significant CAGR.
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Autonomous Vehicle Market Scope
The report explores demand through forecasts period, market trends, and micro and macro determinants. Moreover, the research illustrates the variables that are driving and limiting the Autonomous Vehicle market's growth. The MMR provides existing and new market participants insight into prospective investment opportunities in Autonomous Vehicle market. To give market insights, the report employs analytical approaches such as Porter's five forces analysis and PESTLE of the Autonomous Vehicle market. In addition, the study looks at current market trends as well as estimates for the years 2021-2029. The report identified important future developments that will have an impact on demand over the forecast period in the market.
Autonomous Vehicle Market Segmentation
This market is divided into two categories, semi-autonomous and fully autonomous, based on kind. The majority of the global market is controlled by the semi-autonomous automotive industry. Based on the extent of automation, the markets for semi-automatic and self-driving automobiles have been divided (at levels 1, 2, and 3, respectively). The market's semi-autonomous sector's level 2 and level 3 automation is anticipated to advance the fastest. Although it now has a moderate acceptance rate, level 2's penetration rate is much higher than level 1's due to increased technical advancement.
Intelligent park assist and adaptive cruise control are two examples of ADAS technologies in semi-autonomous vehicles. The automatic emergency braking and intelligent park assist sub-segments are anticipated to grow the fastest in the market due to government mandates for the adoption of driver assistance technologies. The National Highway Traffic Safety Administration (NHTSA) predicts that by the end of 2022, autonomous emergency braking systems will be prevalent in cars.
According to projections, the commercial (shared) mobility segment will expand at the quickest rate. Ride-sharing, robotic taxis, the transportation of goods, and other business activities are all included in the area of commercial mobility. It is anticipated that the introduction of robo-taxis will create new problems for the mobility as a service model or for car ownership. Traditional and robotic taxi manufacturers are integrating new manufacturing techniques. In robo-taxis, cars are put through greater testing than in large transport vehicles. One of the first companies to start charging for journeys in its self-driving Waymo One car with backup drivers was Waymo. Thousands of Chrysler Pacifica minivans have been delivered to Waymo by Chrysler. The agreement aims to open up new economic opportunities for companies developing or working on robo-taxis.
- Global Autonomous Vehicle Market: Research Methodology
- Global Autonomous Vehicle Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Autonomous Vehicle Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Autonomous Vehicle Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Autonomous Vehicle Market Segmentation
- Global Autonomous Vehicle Market, by Component (2021-2029)
- Global Autonomous Vehicle Market, by Electric Vehicle (2021-2029)
- Global Autonomous Vehicle Market, by Mobility Type (2021-2029)
- Global Autonomous Vehicle Market, by Level of Autonomy (2021-2029)
- Global Autonomous Vehicle Market, by Vehicle Type (2021-2029)
- Regional Autonomous Vehicle Market(2021-2029)
- Regional Autonomous Vehicle Market, by Component (2021-2029)
- Regional Autonomous Vehicle Market, by Electric Vehicle (2021-2029)
- Regional Autonomous Vehicle Market, by Mobility Type (2021-2029)
- Regional Autonomous Vehicle Market, by Level of Autonomy (2021-2029)
- Regional Autonomous Vehicle Market, by Vehicle Type (2021-2029)
- Regional Autonomous Vehicle Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Autonomous Vehicle Market Key Players
• Delphi
• Ford Motors
• Tesla
• Alphabet
• Intel
• Daimler Group
• Baidu
• Google
• Volkswagen
• Jaguar
• BMW
• General Motors
• Toyota
• AB Volvo
• Autoliv
• Bosch
• Renault-Nissan-Mitsubishi alliance
• Audi AG
• General Motors Company
• Honda Motor Co., Ltd.
• Nissan Motor Company
Regional Analysis
The research report gives a detailed analysis of the Autonomous Vehicle market that is divided into regions. The report includes an evaluation of regional market participants operating in the competitive market, as well as findings existing in the target market. Based on the regional and country by-country, the research evaluates the market in North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. Each region's market is thoroughly studied, allowing for the discovery of regional Autonomous Vehicle market trends, constraints, and growth potential.
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Key Questions answered in the Autonomous Vehicle Market Report are:
- What is Autonomous Vehicle Market?
- What is the forecast period of the Autonomous Vehicle Market?
- What is the competitive scenario of the Autonomous Vehicle market?
- Which region held the largest market share in the Autonomous Vehicle Market?
- What are the opportunities for the Autonomous Vehicle Market?
- What are the restraining factors in the Autonomous Vehicle market?
- Who are the key players of the Autonomous Vehicle market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Autonomous Vehicle
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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