PUBLISHER: Grand View Research | PRODUCT CODE: 1726355
PUBLISHER: Grand View Research | PRODUCT CODE: 1726355
Autonomous Vehicle Market Size, Share & Trends Analysis Report By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By Level of Autonomy (Level 1, Level 2), By Application (Transportation, Defense), By Region, And Segment Forecasts, 2025 - 2030
Autonomous Vehicle Market Growth & Trends:
The global autonomous vehicle market size is expected to reach USD 214.32 billion by 2030, registering at a CAGR of 19.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. The potential of autonomous vehicles to optimize traffic flow, reduce congestion, and enhance fuel efficiency serves as a significant driver for the growing autonomous market. This capability allures businesses by promising cost-efficient transportation solutions, offering reduced idle time and lower operational expenses. Concurrently, consumers are attracted to the prospect of quicker and more predictable travel experiences. As vehicles demonstrate their potential to impact traffic and travel experiences positively, they gain public acceptance, driving market growth.
Advancements in artificial intelligence (AI), machine learning (ML), sensor technology, and connectivity have significantly enhanced the feasibility of autonomous vehicles. These innovations allow vehicles to gather and process real-time data from their surroundings, enabling them to perceive the environment, identify obstacles, and make split-second decisions autonomously. This evolution in technology has been pivotal in making the concept of self-driving cars a practical reality. For instance, Companies such as Waymo LLC, owned by Alphabet Inc., Tesla, Inc., NVIDIA Corporation, and Mobileye Global Inc., owned by Intel Corporation, have been utilizing advancements in artificial intelligence, machine learning, and sensor technologies to enhance the feasibility of autonomous vehicles.
The growing acceptance and interest among consumers in autonomous vehicles are fundamental in driving the market's growth. As familiarity with the technology increases, accompanied by positive experiences and successful demonstrations of autonomous vehicle capabilities, consumer trust and confidence in these vehicles rise. This increased trust leads to a greater willingness among consumers to adopt and utilize autonomous vehicles, creating a rising demand for this innovative mode of transportation. Moreover, as more people experience the convenience, safety, and potential cost-effectiveness of autonomous vehicles, it significantly contributes to encouraging further adoption and stimulating market growth through increased consumer demand and acceptance.
There's been a proactive approach by governments in North America to create supportive regulatory frameworks and infrastructure for autonomous vehicles. States such as California and cities such as Phoenix, Arizona, have been hubs for testing and deploying autonomous vehicles, providing an environment conducive to growth and development in the industry. North American consumers have shown increasing interest and openness toward adopting autonomous vehicles, particularly in urban centers with high traffic congestion. As people become more aware of the potential benefits, such as increased safety and convenience, the demand for these vehicles grows. North American consumers have shown increasing interest and openness toward adopting autonomous vehicles, particularly in urban centers with high traffic congestion.
Autonomous Vehicle Market Report Highlights:
- The autonomous vehicle industry is expanding rapidly due to technological advancements that promise safer, more efficient transportation solutions, alongside increasing consumer acceptance and substantial investments from both tech and automotive industries.
- The passenger vehicle segment dominated the market with a share of 69.0% in 2024. Autonomous passenger vehicles offer the potential for hands-free and stress-free commuting, appealing to individuals seeking a more relaxed and productive travel experience.
- The transportation segment is dominated the market with a share of 85.6% in 2024. The integration of autonomous features can enhance safety in transportation. Advanced sensors and AI systems can detect hazards, reduce accidents, and ensure more reliable and consistent delivery times.
- Ongoing advancements in autonomous vehicle technology, including improved sensors, AI algorithms, and connectivity, have made it more feasible to deploy passenger autonomous vehicles. These advancements have increased confidence in the safety and reliability of these vehicles, driving consumer interest.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definition
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Autonomous Vehicle market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Autonomous Vehicle market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.2. PESTEL Analysis
Chapter 4. Autonomous vehicle market: Vehicle Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Autonomous Vehicle market: Vehicle type Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Passenger Vehicle
- 4.3.1. Passenger Vehicle market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Commercial Vehicle
- 4.4.1. Commercial Vehicle market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Autonomous Vehicle market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Autonomous Vehicle market: Application Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Transportation
- 5.3.1. Transportation market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Defense
- 5.4.1. Defense market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Autonomous Vehicle market: Level of Autonomy Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Autonomous Vehicle market: Level of Autonomy Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Level 1
- 6.3.1. Level 1 market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Level 2
- 6.4.1. Level 2 market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Level 3
- 6.5.1. Level 3 market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Level 4 &5
- 6.6.1. Level 4 & 5 market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Autonomous Vehicle market: Regional Estimates & Trend Analysis
- 7.1. Autonomous Vehicle market Share, By Region, 2024 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Autonomous Vehicle market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. U.K.
- 7.3.2.1. U.K. Autonomous Vehicle market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Mexico
- 7.5.3.1. Mexico Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. KSA
- 7.6.2.1. KSA Autonomous Vehicle market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. UAE
- 7.6.3.1. UAE Autonomous Vehicle market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Autonomous Vehicle Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Type Benchmarking
- 8.6. Company Heat Map Analysis
- 8.7. Strategy Mapping
- 8.8. Company Profiles/Listing
- 8.8.1. Zoox, Inc
- 8.8.1.1. Participant's Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.1.4. Recent Developments
- 8.8.2. Waymo LLC
- 8.8.2.1. Participant's Overview
- 8.8.2.2. Financial Performance
- 8.8.2.3. Product Benchmarking
- 8.8.2.4. Recent Developments
- 8.8.3. Tesla
- 8.8.3.1. Participant's Overview
- 8.8.3.2. Financial Performance
- 8.8.3.3. Product Benchmarking
- 8.8.3.4. Recent Developments
- 8.8.4. Toyota Kirloskar Motor
- 8.8.4.1. Participant's Overview
- 8.8.4.2. Financial Performance
- 8.8.4.3. Product Benchmarking
- 8.8.4.4. Recent Developments
- 8.8.5. Ford Motor Company
- 8.8.5.1. Participant's Overview
- 8.8.5.2. Financial Performance
- 8.8.5.3. Product Benchmarking
- 8.8.5.4. Recent Developments
- 8.8.6. Volkswagen Group
- 8.8.6.1. Participant's Overview
- 8.8.6.2. Financial Performance
- 8.8.6.3. Product Benchmarking
- 8.8.6.4. Recent Developments
- 8.8.7. Pony.ai
- 8.8.7.1. Participant's Overview
- 8.8.7.2. Financial Performance
- 8.8.7.3. Product Benchmarking
- 8.8.7.4. Recent Developments
- 8.8.8. Nuro, Inc.
- 8.8.8.1. Participant's Overview
- 8.8.8.2. Financial Performance
- 8.8.8.3. Product Benchmarking
- 8.8.8.4. Recent Developments
- 8.8.9. Mercedes-Benz Group
- 8.8.9.1. Participant's Overview
- 8.8.9.2. Financial Performance
- 8.8.9.3. Product Benchmarking
- 8.8.9.4. Recent Developments
- 8.8.10. AUDI AG.
- 8.8.10.1. Participant's Overview
- 8.8.10.2. Financial Performance
- 8.8.10.3. Product Benchmarking
- 8.8.10.4. Recent Developments
- 8.8.1. Zoox, Inc
List of Tables
- Table 1 Global Autonomous vehicle Market by vehicle type, 2018 - 2030 (USD Million)
- Table 2 Global Autonomous vehicle Market by application, 2018 - 2030 (USD Million)
- Table 3 Global Autonomous vehicle Market by level of autonomy, 2018 - 2030 (USD Million)
- Table 4 Global Autonomous vehicle Market by region, 2018 - 2030 (USD Million)
- Table 5 North America Autonomous Vehicle Market by country, 2018 - 2030 (USD Million)
- Table 6 Europe Autonomous vehicle Market by country, 2018 - 2030 (USD Million)
- Table 7 Asia Pacific Autonomous Vehicle Market by country, 2018 - 2030 (USD Million)
- Table 8 Latin America Autonomous Vehicle Market by country, 2018 - 2030 (USD Million)
- Table 9 MEA Autonomous vehicle Market by country, 2018 - 2030 (USD Million)
- Table 10 Key companies launching new products/services
- Table 11 Key companies engaged in mergers & acquisition
- Table 12 Key companies engaged in Research & development
- Table 13 Key Companies engaged in expansion
List of Figures
- Fig. 1 Autonomous vehicle market segmentation
- Fig. 2 Market research process
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Market formulation & validation
- Fig. 7 Autonomous Vehicle market snapshot
- Fig. 8 Autonomous Vehicle market segment snapshot
- Fig. 9 Autonomous Vehicle market competitive landscape snapshot
- Fig. 10 Market driver impact analysis
- Fig. 11 Market restraint impact analysis
- Fig. 12 Autonomous vehicle market: Vehicle type outlook key takeaways (USD Million)
- Fig. 13 Autonomous vehicle market: Vehicle type movement analysis 2024 & 2030 (USD Million)
- Fig. 14 Passenger vehicle market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 15 Commercial vehicle market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 16 Autonomous vehicle Market: Application outlook key takeaways (USD Million)
- Fig. 17 Autonomous vehicle Market: Application movement analysis 2024 & 2030 (USD Million)
- Fig. 18 Transportation market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 19 Defense market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Autonomous vehicle Market: Level of autonomy outlook key takeaways (USD Million)
- Fig. 21 Autonomous vehicle Market: Level of autonomy movement analysis 2024 & 2030 (USD Million)
- Fig. 22 Level 1 market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 23 Level 2 market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Level 3 market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Level 4 & 5 market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 26 Regional marketplace: Key takeaways
- Fig. 27 Autonomous vehicle Market: Regional outlook, 2024 & 2030 (USD Million)
- Fig. 28 North America Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 29 U.S. Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 30 Canada Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 31 Europe Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 32 UK Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Germany Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 34 France Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Asia Pacific Autonomous Vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 36 China Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 37 Japan Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 38 India Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 39 South Korea Autonomous Vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 40 Australia Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 41 Latin America Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 42 Brazil Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 43 Mexico Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 44 MEA Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 45 KSA Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 46 UAE Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 47 South Africa Autonomous vehicle Market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 48 Company Categorization
- Fig. 49 Company Market Positioning
- Fig. 50 Strategy framework
