Self-driving car market worth US$319.41 billion: auto parts and equipment industry is the parent market

New York, December 7, 2022 /PR Newswire/ — Global market for self-driving cars It is classified as part of the global automotive parts and equipment market. The parent market, the global auto parts and equipment market, targets companies involved in the production of vehicles such as passenger cars, commercial vehicles, and all-terrain vehicles.

of Self-driving car market size is US$319.41 billion According to Technavio, the market is estimated to grow at a CAGR of 38.45% during the forecast period. Download sample

Autonomous Vehicle Market 2023-2027: Competitive Analysis

Competitive scenarios categorize companies based on various performance indicators. Factors considered include company financial performance, growth strategies, product innovations, new product launches, investments, market share growth, etc. buy report

Autonomous Vehicle Market 2023-2027: Scope

The Autonomous Vehicle Market report covers the following areas:

Autonomous Vehicle Market 2023-2027: Vendor Landscape

The market is fragmented and has major market participants. Self-driving car manufacturers are working to develop prototypes according to customer demand. Prominent vendors are expected to focus on researching multiple revenue enablers such as rental services during the forecast period. In addition, Tier 2 and Tier 3 suppliers offer components such as sensors, actuators and batteries.

AB Volvo, Alphabet Inc., Amazon.com Inc., Baidu Inc., BMW AG, Continental AG, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd, Hyundai Motor Co., Intel Corp., Mercedes Benz Group AG, Navistar International Corp., Renault SAS, Robert Bosch GmbH, Stellantis NV, Tesla Inc., Toyota Motor Corp. and Volkswagen AG are some of the key market players.

Autonomous Vehicle Market 2023-2027: Segmentation

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of Transportation and Logistics The segment will contribute significantly to the growth of the global market during the forecast period. The use of self-driving vehicles in logistics is expected to grow rapidly. Additionally, many manufacturers, self-driving technology developers, and system integrators are evaluating the commercial potential of fully self-driving buses for transportation and logistics. Various modes of operation are being explored for self-driving buses, including route-based transit and shuttle services.

North America estimated to account for 37% of market growth during the forecast period. The region is shifting from small cars to self-driving technology as demand for safety and convenience increases. This presents a potential opportunity for advanced technology. America, CanadaWhen Mexico It is expected to become a major contributor to the autonomous vehicle market in the region.

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What are the key data covered in this article Self-driving car market report?

• CAGR of the market during the forecast period

• Detailed information on the factors driving the growth of the autonomous vehicle market between 2023 and 2027

• Accurate estimation of autonomous vehicle market size and contribution to the parent market

• Accurate prediction of upcoming trends and changes in consumer behavior

• growth of the autonomous vehicle market across APAC, North America, Europe, middle east When AfricaWhen South America

• In-depth analysis of market competitive landscape and vendor details

• Comprehensive Analysis of Factors Challenging the Growth of Self-Driving Vehicle Market Vendors

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Autonomous Bus Market Growth, Size, Trend, Analysis Report by Type, Applications, Regions and Segment Forecast 2022-2026: The autonomous bus market is expected to grow by 3.679 billion units from 2021 to 2026.North America, Europe,Asia Pacific, South AmericaWhen middle east When Africa).

Read Technavio’s Consumer Discretionary Market Report

table of contents:

1.executive summary

2 Market Outlook

3 Market size

4 Historical market size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Vehicle Type

8 Customer Situation

9 Geographical landscape

10 drivers, challenges and trends

11 Vendor Landscape

12 vendor analysis

13 Appendix

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