Global Autonomous Vehicles Industry

Global Autonomous Vehicles Industry

  • April 2021 •
  • 108 pages •
  • Report ID: 6030857 •
  • Format: PDF
Abstract:
- Global Autonomous Vehicles Market to Reach 156.4 Thousand Units by 2027
- Amid the COVID-19 crisis, the global market for Autonomous Vehicles estimated at 6.5 Thousand Units in the year 2020, is projected to reach a revised size of 156.4 Thousand Units by 2027, growing at aCAGR of 57.5% over the period 2020-2027. Transportation, one of the segments analyzed in the report, is projected to record 56.8% CAGR and reach 122.4 Thousand Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Defense segment is readjusted to a revised 60.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at 2 Thousand Units, While China is Forecast to Grow at 54.7% CAGR
- The Autonomous Vehicles market in the U.S. is estimated at 2 Thousand Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 24.6 Thousand Units by the year 2027 trailing a CAGR of 54.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 51.3% and 48.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 38.6% CAGR.

- Select Competitors (Total 42 Featured) -
  • Audi AG
  • BMW AG
  • Daimler AG (Mercedes Benz)
  • Ford Motor Company
  • General Motors Company
  • Google LLC
  • Honda Motor Corporation
  • Nissan Motor Company
  • Tesla
  • Toyota Motor Corporation