Autonomous Car Market (Level of Automation – Level 1, Level Two, Level Three, Level four and Level Five) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast two thousand twenty five – 2035
The global market for autonomous cars is likely to emerge as a massive entity in the forthcoming years. The significantly rising number of accidents across the world is predicted to drive the growth of this market substantially over the next few years. Moreover, the growing awareness among consumers regarding the benefits autonomous cars suggest to its users, such as the enhanced mobility is projected to fuel the request for autonomous cars in the years to come. The regulatory concerns, however, may hinder the growth of this market to some extent in the near future.
Analysts estimate the worldwide autonomous car market to account for 0.60 mn units in 2025. Expanding at a CAGR of 47.50% inbetween two thousand twenty five and 2035, the shipment volume is likely to increase to 29.31 mn units by the end of 2035.
Level three Autonomous Cars to Predominate Global Market
On the basis of the level of automation, the global autonomous car market can be segmented into level 1, level Two, level Trio, level four and level Five. With technology reaching its tipping point, it is expected that level one and level two autonomous cars will hold a comparatively smaller share in the overall market in 2025. The features suggested in such cars are expected to become obsolete by then, making way for fresh and better options. Early adopters will begin to stir on to the next level of automation with advanced options.
Level three autonomous cars are likely to witness the most prominent request across the world over the forecast period. The rapid proliferation and uptake of advanced autonomous driving technologies, specifically in the technologically advanced regions, is anticipated to boost the growth of this segment in the future.
North America to Emerge as Leading Regional Market for Autonomous Cars
North America, Europe, Asia Pacific, South America, and the Middle East and Africa are projected to surface as the main regional markets for autonomous cars over the forthcoming years. Among these, North America is expected to practice a relatively swifter adoption of autonomous cars and hence, is anticipated to witness a higher growth rate than other regional markets in the future.
On a similar note, Asia Pacific is also expected to witness a healthy rise in the request for these cars in the near future on a backdrop of growing awareness pertaining to advancements in technology and the significant increase in the disposable income of consumers. Within Asia Pacific, the level three automated cars are projected to contribute a massive share of total request volume, thanks to the imminent development in the information and communication infrastructure in China, Singapore, and Japan.
Apart from this, the high population in this region is also projected to drive the growth of the Asia Pacific market for autonomous cars. Economies with acute enlargening geriatric population, such as Japan and China, are predicted to be the early adopters of the autonomous cars in Asia Pacific.
Audi AG, Ford Motor Co., Bayerische Motoren Werke AG, General Motors Co., Nissan Motor Co. Ltd., Tesla Motors, The Volvo Group, Toyota Motor Corporation, Uber Technologies Inc. and Waymo LLC are expected to foray early in the global market for autonomous cars.
Report Description
Global Autonomous Car Market: Overview
This report on the global autonomous car market provides analysis for the period 2025-2035, wherein two thousand twenty five to two thousand thirty five is the forecast period. The report covers market dynamics including drivers, restraints opportunities, and trends expected to influence the global autonomous car market growth during the said period. Technologies that are playing a major role in driving the global autonomous car market have also been covered in the probe. The explore provides a comprehensive analysis on market growth via the above forecast period in terms of Volume estimates (in Mn Units), across different geographies.
The report further includes key developments in the autonomous car market from two thousand nine onwards. Porter Five Force analysis is also included in the report. The report also covers segment wise comparison matrix, market appeal analysis and market share analysis for all regions covered in the scope of explore.
Comparison matrix includes segment growth matrix, two thousand twenty five – two thousand thirty five (%), segment volume share contribution, two thousand twenty five – two thousand thirty five (%), and segment compounded growth matrix (CAGR %). Market attraction identifies and compares segments market attraction on the basis of CAGR and market share index.
Global Autonomous Car Market: Segmentation
The autonomous car market has been segmented on the basis of level of automation and geography. Based on level of automation, the market has been further classified into Level 1, Level Two, Level Three, Level four and Level Five. In Level one autonomous cars, the driver is in total control of the vehicle. Intelligent features add a layer of convenience and safety like cruise control mode. Such type of autonomous cars require human driver to carry on all critical functions and monitor driving environment.
Cars with Level two automation provide extra automation compared to Level one cars. Automation of at least two control functions are provided in such vehicles; for example, automated lane switching. The driver is still required to monitor driving environment and be ready to take control of the vehicle at a brief notice. In Level three autonomous cars, the driver can transfer the control of safety critical functions to car in certain weather or traffic conditions. The driver is not required to monitor the driving environment, but can be asked by the car to take control. The Level four autonomous cars do not require human inputs to drive. The car can maneuver itself in a diversity of situations. In Level five autonomous cars, the driver does not need to be present in the car.
Geographically, the report classifies the global autonomous car market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America; the regions are analyzed in terms of units. Furthermore, region wise prominent countries covered in the report include the following – the U.S, Canada, Germany, France, the U.K., China, Japan, UAE, Saudi Arabia, Brazil and Argentina.
Global Autonomous Car Market: Competitive Outlook
The report also includes competitive landscape which include competition matrix, market share analysis of major players in the global autonomous car market based on their projected volume share, and business profiling of major players. The Competition Matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings and R&D concentrate are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow. This section also identifies and includes various latest developments carried out by the leading players.
Company profiling includes company overview, major business strategies adopted, SWOT analysis and R&D Investments. The key players profiled in the global autonomous car market include Audi AG, Bayerische Motoren Werke AG, Ford Motor Company, General Motors Company, Nissan Motor Company Ltd., Tesla Motors, The Volvo Group, Toyota Motor Corporation, Uber Technologies Inc. and Waymo LLC.
The global autonomous car market is segmented as below: