Global Automated Driving System Market Growth (Status and Outlook) 2023-2029

Global Automated Driving System Market Growth (Status and Outlook) 2023-2029

Automated Driving System, also known as an autonomous vehicle (AV or auto), driverless car, or robotic car (robo-car), is a vehicle that is capable of sensing its environment and moving safely with little or no human input. The future of this technology may have an impact on multiple industries and other circumstances. Self-driving cars combine a variety of sensors to perceive their surroundings, such as radar, lidar, sonar, GPS, odometry and inertial measurement units. Advanced control systems interpret sensory information to identify appropriate navigation paths, as well as obstacles and relevant signage.
LPI (LP Information)' newest research report, the “Automated Driving System Industry Forecast” looks at past sales and reviews total world Automated Driving System sales in 2022, providing a comprehensive analysis by region and market sector of projected Automated Driving System sales for 2023 through 2029. With Automated Driving System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automated Driving System industry.
This Insight Report provides a comprehensive analysis of the global Automated Driving System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automated Driving System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automated Driving System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automated Driving System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automated Driving System.
The global Automated Driving System market size is projected to grow from US$ 8301.4 million in 2022 to US$ 220540 million in 2029; it is expected to grow at a CAGR of 59.8% from 2023 to 2029.
Global core automated driving system players include Bosch, Waymo (Alphabet), GM Cruise etc. The top 2 companies hold a share about 24%. North America is the largest market, with a share about 37%, followed by Europe and Asia-Pacific with the share about 30% and 28%. In terms of product, hardware is the largest segment, with a share over 60%. And in terms of application, the largest application is commercial car, followed by passager car.
This report presents a comprehensive overview, market shares, and growth opportunities of Automated Driving System market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware
Software
Segmentation by application
Commercial Car
Passenger Car
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bosch
Waymo (Alphabet)
GM Cruise
Apollo (Baidu)
Tesla
Continental
Aptiv
ZF Group
NVIDIA
Denso
Hitachi Automotive Systems
Mobileye

Please note: The report will take approximately 2 business days to prepare and deliver.