Summary

The autonomous vehicle market was valued at $134.8 billion in 2030, and is estimated to reach $980.7 billion by 2040, growing at a CAGR of 22.3% from 2031 to 2040. Autonomous vehicles are designed to perceive their surroundings and operate without human intervention. They can perform all the functions of a skilled human driver and navigate any location accessible to traditional vehicles, eliminating the need for a human passenger to take control or even be present in the vehicle. The Society of Automotive Engineers (SAE) has defined six levels of driving automation, ranging from Level 0 (completely manual) to Level 5 (fully autonomous), which have been endorsed by the U.S. Department of Transportation.
The autonomous vehicle market is driven by several key factors, including increasing investments in self-driving technologies, regulatory support, advancements in technology, the convenience and comfort they provide, enhanced road safety, and the global rise in traffic accidents. Autonomous vehicle technology offers numerous advantages over human-driven cars. One significant benefit is the potential to improve road safety. With vehicle collisions causing a high number of fatalities annually, automated cars are expected to reduce these incidents as their software is designed to make fewer errors than human drivers. Fewer accidents could also help ease traffic congestion, another advantage of autonomous vehicles.
These vehicles can further mitigate traffic issues by eliminating human behaviors that contribute to roadblocks, such as stop-and-go traffic. Additionally, autonomous driving provides convenient transportation for individuals unable to drive due to age or disability. Other notable benefits include eliminating driver fatigue and allowing passengers to rest or sleep during long journeys. These advantages are expected to drive growth in the autonomous vehicle market during the forecast period.
Another key advantage of autonomous vehicles is the reduction of driver fatigue, particularly during long trips. Without the need for constant attention to the road, passengers can rest, work, or engage in other activities, making long-distance travel more comfortable and productive. These benefits, along with the potential for environmental impact reduction through more efficient driving patterns, are expected to drive significant growth in the autonomous vehicle industry during the forecast period. As advancements continue, the technology promises to transform not only the automotive sector but also the broader transportation ecosystem. Government funding and regulatory frameworks are key drivers of growth in the autonomous vehicle market. Governments are making significant investments in research and development for autonomous vehicles, providing grants to academic institutions, commercial enterprises, and industry groups. In addition, governments are creating testing zones and pilot programs where companies can deploy autonomous vehicles in controlled environments, gathering essential data. These initiatives allow for real-world evaluation of the technology's safety, performance, and public acceptance.
The autonomous vehicles market is segmented into mobility type, level of automation, component, application and region. By mobility, the market is divided into shared and personal. On the basis of level of automation, the market is classified into level 3, level 4 and level 5. On the basis of component, the market is divided into hardware and software. On the basis of application, the market is bifurcated into passenger cars and commercial vehicles. Region-wise, the autonomous vehicles market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Key Benefits For Stakeholders
●This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the autonomous vehicle market analysis from 2030 to 2040 to identify the prevailing autonomous vehicle market opportunities.
●The market research is offered along with information related to key drivers, restraints, and opportunities.
●Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
●In-depth analysis of the autonomous vehicle market segmentation assists to determine the prevailing market opportunities.
●Major countries in each region are mapped according to their revenue contribution to the global market.
●Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
●The report includes the analysis of the regional as well as global autonomous vehicle market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:
● Quarterly Update and* (only available with a corporate license, on listed price)
● 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
● Free Upcoming Version on the Purchase of Five and Enterprise User License.
● 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
● 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
● Free data Pack on the Five and Enterprise User License. (Excel version of the report)
● Free Updated report if the report is 6-12 months old or older.
● 24-hour priority response*
● Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
● Additional company profiles with specific to client's interest
● Additional country or region analysis- market size and forecast
● SWOT Analysis
Key Market Segments
By Level of Automation
● Level 3
● Level 4
● Level 5
By Component
● Hardware
● Software
By Vehicle Type
● Passenger Cars
● Commercial Vehicles
By Region
● North America
○ U.S.
○ Canada
○ Mexico
● Europe
○ UK
○ Germany
○ France
○ Russia
○ Rest of Europe
● Asia-Pacific
○ China
○ Japan
○ India
○ South Korea
○ Rest of Asia-Pacific
● LAMEA
○ Latin America
○ Middle East
○ Africa
● Key Market Players
○ Volkswagen Group
○ Ford Motor Company
○ Renault SA
○ AB Volvo
○ General Motors
○ Mercedes-Benz AG (Daimler AG)
○ Toyota Motor Corporation
○ Tesla, Inc.
○ Bayerische Motoren Werke AG (BMW AG)
○ Hyundai Motor Group

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: AUTONOMOUS VEHICLE MARKET, BY LEVEL OF AUTOMATION
4.1. Overview
4.1.1. Market size and forecast
4.2. Level 3
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Level 4
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Level 5
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
CHAPTER 5: AUTONOMOUS VEHICLE MARKET, BY COMPONENT
5.1. Overview
5.1.1. Market size and forecast
5.2. Hardware
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Software
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: AUTONOMOUS VEHICLE MARKET, BY VEHICLE TYPE
6.1. Overview
6.1.1. Market size and forecast
6.2. Passenger Cars
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Commercial Vehicles
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
CHAPTER 7: AUTONOMOUS VEHICLE MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by Level of Automation
7.2.3. Market size and forecast, by Component
7.2.4. Market size and forecast, by Vehicle Type
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast, by Level of Automation
7.2.5.1.2. Market size and forecast, by Component
7.2.5.1.3. Market size and forecast, by Vehicle Type
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast, by Level of Automation
7.2.5.2.2. Market size and forecast, by Component
7.2.5.2.3. Market size and forecast, by Vehicle Type
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast, by Level of Automation
7.2.5.3.2. Market size and forecast, by Component
7.2.5.3.3. Market size and forecast, by Vehicle Type
7.3. Europe
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by Level of Automation
7.3.3. Market size and forecast, by Component
7.3.4. Market size and forecast, by Vehicle Type
7.3.5. Market size and forecast, by country
7.3.5.1. UK
7.3.5.1.1. Market size and forecast, by Level of Automation
7.3.5.1.2. Market size and forecast, by Component
7.3.5.1.3. Market size and forecast, by Vehicle Type
7.3.5.2. Germany
7.3.5.2.1. Market size and forecast, by Level of Automation
7.3.5.2.2. Market size and forecast, by Component
7.3.5.2.3. Market size and forecast, by Vehicle Type
7.3.5.3. France
7.3.5.3.1. Market size and forecast, by Level of Automation
7.3.5.3.2. Market size and forecast, by Component
7.3.5.3.3. Market size and forecast, by Vehicle Type
7.3.5.4. Russia
7.3.5.4.1. Market size and forecast, by Level of Automation
7.3.5.4.2. Market size and forecast, by Component
7.3.5.4.3. Market size and forecast, by Vehicle Type
7.3.5.5. Rest of Europe
7.3.5.5.1. Market size and forecast, by Level of Automation
7.3.5.5.2. Market size and forecast, by Component
7.3.5.5.3. Market size and forecast, by Vehicle Type
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by Level of Automation
7.4.3. Market size and forecast, by Component
7.4.4. Market size and forecast, by Vehicle Type
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Market size and forecast, by Level of Automation
7.4.5.1.2. Market size and forecast, by Component
7.4.5.1.3. Market size and forecast, by Vehicle Type
7.4.5.2. Japan
7.4.5.2.1. Market size and forecast, by Level of Automation
7.4.5.2.2. Market size and forecast, by Component
7.4.5.2.3. Market size and forecast, by Vehicle Type
7.4.5.3. India
7.4.5.3.1. Market size and forecast, by Level of Automation
7.4.5.3.2. Market size and forecast, by Component
7.4.5.3.3. Market size and forecast, by Vehicle Type
7.4.5.4. South Korea
7.4.5.4.1. Market size and forecast, by Level of Automation
7.4.5.4.2. Market size and forecast, by Component
7.4.5.4.3. Market size and forecast, by Vehicle Type
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Market size and forecast, by Level of Automation
7.4.5.5.2. Market size and forecast, by Component
7.4.5.5.3. Market size and forecast, by Vehicle Type
7.5. LAMEA
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by Level of Automation
7.5.3. Market size and forecast, by Component
7.5.4. Market size and forecast, by Vehicle Type
7.5.5. Market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Market size and forecast, by Level of Automation
7.5.5.1.2. Market size and forecast, by Component
7.5.5.1.3. Market size and forecast, by Vehicle Type
7.5.5.2. Middle East
7.5.5.2.1. Market size and forecast, by Level of Automation
7.5.5.2.2. Market size and forecast, by Component
7.5.5.2.3. Market size and forecast, by Vehicle Type
7.5.5.3. Africa
7.5.5.3.1. Market size and forecast, by Level of Automation
7.5.5.3.2. Market size and forecast, by Component
7.5.5.3.3. Market size and forecast, by Vehicle Type
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2030
CHAPTER 9: COMPANY PROFILES
9.1. Volkswagen Group
9.1.1. Company overview
9.1.2. Key executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Business performance
9.1.7. Key strategic moves and developments
9.2. Ford Motor Company
9.2.1. Company overview
9.2.2. Key executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.2.7. Key strategic moves and developments
9.3. Renault SA
9.3.1. Company overview
9.3.2. Key executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.3.7. Key strategic moves and developments
9.4. AB Volvo
9.4.1. Company overview
9.4.2. Key executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Business performance
9.4.7. Key strategic moves and developments
9.5. General Motors
9.5.1. Company overview
9.5.2. Key executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.5.7. Key strategic moves and developments
9.6. Mercedes-Benz AG (Daimler AG)
9.6.1. Company overview
9.6.2. Key executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.6.7. Key strategic moves and developments
9.7. Toyota Motor Corporation
9.7.1. Company overview
9.7.2. Key executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Business performance
9.7.7. Key strategic moves and developments
9.8. Tesla, Inc.
9.8.1. Company overview
9.8.2. Key executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.8.7. Key strategic moves and developments
9.9. Bayerische Motoren Werke AG (BMW AG)
9.9.1. Company overview
9.9.2. Key executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.9.7. Key strategic moves and developments
9.10. Hyundai Motor Group
9.10.1. Company overview
9.10.2. Key executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
9.10.7. Key strategic moves and developments