Global Level 3 Autonomous Vehicle Market Growth (Status and Outlook) 2023-2029

Global Level 3 Autonomous Vehicle Market Growth (Status and Outlook) 2023-2029

An autonomous car (also known as a driverless car and a self-driving car)[1] is a vehicle that is capable of sensing its environment and navigating without human input. Autonomous cars combine a variety of techniques to perceive their surroundings, including radar, laser light, GPS, odometry, and computer vision. Advanced control systems interpret sensory information to identify appropriate navigation paths, as well as obstacles and relevant signage.

According to this study, the global Level 3 Autonomous Vehicle market size will reach US$ million by 2029.

In level 3 , also called "eyes off" level, autonomous car, the driver can safely turn their attention away from the driving tasks, e.g. the driver can text or watch a movie. The vehicle will handle situations that call for an immediate response, like emergency braking. The driver must still be prepared to intervene within some limited time, specified by the manufacturer, when called upon by the vehicle to do so. As an example, the 2018 Audi A8 Luxury Sedan was the first commercial car to claim to be capable of level 3 self-driving.

This report presents a comprehensive overview, market shares, and growth opportunities of Level 3 Autonomous Vehicle market by product type, application, key players and key regions and countries.

Segmentation by product type:
Light Commercial Vehicle
Heavy Commercial Vehicle
Passenger Vehicle

Segmentation by Application:
Home Use
Commercial Use

This report also splits the market by region:
United States
China
Europe
Other regions:
Japan
South Korea
Southeast Asia
Rest of world

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Bosch
Continental
Delphi
Mobileye
Velodyne
Apple
Baidu
Google
LeddarTech
Magna International
Nvidia
Quanergy Systems
Uber

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