Global Urban NOA Solution Market Growth (Status and Outlook) 2024-2030

Global Urban NOA Solution Market Growth (Status and Outlook) 2024-2030

The full name of NOA is Navigate on Autopilot, which is an advanced driving assistance system. As the name suggests, urban NOA refers to a driving assistance system developed for urban traffic environments. This system can provide drivers with automatic navigation assistance and other functions, including automatic lane changing, overtaking, intelligent following, automatic parking, and other operations.

The global Urban NOA Solution market size is projected to grow from US$ 3362 million in 2024 to US$ 23610 million in 2030; it is expected to grow at a CAGR of 38.4% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Urban NOA Solution Industry Forecast” looks at past sales and reviews total world Urban NOA Solution sales in 2022, providing a comprehensive analysis by region and market sector of projected Urban NOA Solution sales for 2023 through 2029. With Urban NOA Solution sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Urban NOA Solution industry.

This Insight Report provides a comprehensive analysis of the global Urban NOA Solution landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Urban NOA Solution portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Urban NOA Solution market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Urban NOA Solution 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 Urban NOA Solution.

As the high-speed NOA function gradually enters the stage of mass production, urban NOA has become a key focus for car companies to strive for and seize the opportunity. There are currently two main technological routes around urban NOA. One is the pure visual faction represented by Tesla, which advocates the cancellation of LiDAR and the use of vision to achieve urban NOA; The other faction is the vision+LiDAR technology route, which believes that pure vision has certain shortcomings and needs to be combined with LiDAR to achieve rapid implementation of urban NOA.

Starting from 2023, several consensuses have gradually formed for the development of urban NOA: firstly, the technological roadmap tends to be unified, with BEV+Transformer architecture becoming the core; Secondly, the prevalence of heavy perception and light map solutions has led to a search for balance between car companies, intelligent driving companies, and map vendors; Thirdly, in order for NOA to truly achieve large-scale popularization, cost reduction is the only way, and the cost of laser radar and pure vision solutions remains to be considered.

This report presents a comprehensive overview, market shares, and growth opportunities of Urban NOA Solution market by product type, application, key players and key regions and countries.

Segmentation by Type:
Pure Visual Solution
Vision and LiDAR

Segmentation by Application:
L2 (including L2+)
L3

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

Segmentation by Type:
Pure Visual Solution
Vision and LiDAR

Segmentation by Application:
L2 (including L2+)
L3

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.
Tesla
XPeng Inc.
NIO Inc.
Li Auto Inc.
Huawei

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