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Autonomous / Self-Driving Cars Market volume was at 23.26 Million Units in 2022 and the total revenue is expected to grow at 13.5% of CAGR through 2023 to 2029, reaching nearly 56.46 Million Units.

Autonomous / Self-Driving Cars Market Overview:

The Autonomous / Self-Driving Cars market study provides a detailed picture of competition, including market share and company profiles of the major competitors in the global industry. The scope of the research includes a comprehensive examination of the Autonomous / Self-Driving Cars Market Size, as well as the reasons for variations in the industry's growth in various locations.

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Market Scope:

This research study makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and databases, to locate and collect material suitable for this study.

Segmentation:

by Component

Camera Unit
LiDAR
Radar Sensor
Ultrasonic Sensor
Infrared Sensor

by Component, the Autonomous / Self-Driving Cars Market is segmented into Camera Units, LiDAR, Radar Sensor, Ultrasonic Sensor, and Infrared sensors. Based on component type camera unit held the highest market share in 2022. Cameras are the most accurate way to capture images of the world in both photographs and videos, especially for self-driving automobiles. In order to provide a 360-degree vision of their surroundings, autonomous cars depend on cameras mounted on every side, including the front, back, left, and right. Some have a shorter range and a wider field of view, up to 120 degrees. Others focus on a narrow perspective to produce long-range images. Some cars even offer features with fish-eye cameras, which have very wide lenses and offer a panoramic view, to provide a complete image of what is behind the vehicle so that it can park itself.

by Mobility

Shared Mobility
Personal Mobility

by Mobility, based on mobility personal mobility held the maximum market share in 2022. Personal mobility is subdivided into commercial mobility. Commercial mobility is expected to grow fast during the forecast period. The commercial mobility category takes into account ride-sharing, robot-taxi, industrial transportation, and other commercial activities.

by Level of Autonomy

L1
L2
L3
L4
L5

Based on the Level of Autonomy, the Autonomous / Self-Driving Cars Market is segmented into Level 1, Level 2, Level 3, Level 4, and Level 5. Level 3 cars are capable of "environmental sensing" and autonomous decision-making, like as accelerating past a stationary object. Level 4 automation includes the capability for Level 4 vehicles to step in if something goes wrong or a system fails. In this way, these automobiles often don't need to contact people. An individual can still manually overrule, though.

Key Players:

1. Audi AG (Germany)
2. BMW AG (Germany)
3. Mercedes-Benz Group AG (Germany)
4. Volkswagen AG (Germany)
5. Jaguar Land Rover Limited (UK)
6. Groupe Renault (France)
7. Volvo Car Corporation (Sweden)
8. 2GetThere B.V. (Netherlands)
9. Aptiv PLC (Ireland)
10. Ford Motor Company (US)
11. General Motors Company (US)
12. Waymo LLC (US)
13. Tesla, Inc. (US)
14. Honda Motor Co., Ltd. (Japan)
15. Nissan Motor Co., Ltd. (Japan)
16. Mitsubishi Motors Corporation (Japan)
17. Toyota Motor Corporations (Japan)
18. Beijing Idriveplus Technology Co., Ltd. (China)
19. BYD Auto Co., Ltd. (China)
20. SAIC Motor Corp. (China)
21. Tata Elxsi (India)
22. Hyundai Motor Group (South Korea)

Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Autonomous / Self-Driving Cars market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on Autonomous / Self-Driving Cars Market: The report also includes a detailed analysis of COVID-19 on the Autonomous / Self-Driving Cars market Share.

Key Questions Answered in the Autonomous / Self-Driving Cars Market Report are:

  • Which sub-segment had the largest share in the Autonomous / Self-Driving Cars market?
  • How is the competitive landscape of the Autonomous / Self-Driving Cars market in 2023?
  • Which are the key drivers impacting the Autonomous / Self-Driving Cars market growth?
  • Which region holds the maximum share in the Autonomous / Self-Driving Cars market?
  • What will be the CAGR of the Autonomous / Self-Driving Cars market during the forecast period (2023-2029)?

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