Self-driving Cars and Trucks Market by Component (Radar, LiDAR, Ultrasonic, & Camera Unit), Vehicle (Hatchback, Coupe & Sports Car, Sedan, SUV), Level of Autonomy (L1, L2, L3, L4, L5), Mobility Type, EV, and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The Self-driving Cars and Trucks market size is projected to reach a CAGR of 31.6% from 2022 to 2028.
Self-driving Cars and Trucks are autonomous driven vehicle. These are powered by AI. Automation and connectivity technology are important parts of these vehicles. Advancements in sensor technology, high-definition mapping and adaptive algorithm are some features of these enabled Vehicles.
Advancements in technology along with the raised demand from end user are some of the factors that have supported long-term expansion for Self-driving Cars and Trucks Market.
COVID-19 had a negative effect on the market, as the production and supply chains across the world was disrupted during the period.
North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the advancements in technology.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 31.6% during the forecasting period, 2022-2028 |
Historical Data |
2019-2020 |
Forecast Years |
2022-2028 |
Base Year |
2021 |
Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
Report Segmentation |
Component, Electric Vehicle, Mobility Type, Level of Autonomy, Vehicle Type, System and region. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Waymo, Pony.ai, AutoX, and Baidu |
Available Customization |
In addition to the market data for Self-driving Cars and Trucks Market, Delvans offers client-centric report and customized according to the company’s specific demand and requirement. |
Self-driving Cars and Trucks Market is segmented into Component, Electric Vehicle, Mobility Type, Level of Autonomy, Vehicle Type, System and region.