Self-Driving Car Market Size, Trends, Analysis, and Outlook by Component (Camera Unit, LiDAR, Radar Sensor, Ultrasonic Sensor, Infrared Sensor), Mobility (Shared Mobility, Personal Mobility), Electric Vehicle (Battery Electric Vehicles (BEV), Hybrid Elect

Self-Driving Car Market Size, Trends, Analysis, and Outlook by Component (Camera Unit, LiDAR, Radar Sensor, Ultrasonic Sensor, Infrared Sensor), Mobility (Shared Mobility, Personal Mobility), Electric Vehicle (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)), System (Adaptive Cruise Control (ACC), Adaptive Front Light (AFL), Automatic Emergency Braking (AEB), Blind Spot Detection (BSD), Cross Traffic Alert (CTA), Driver Monitoring System (DMS), Forward Collision Warning (FCW), Intelligent Park Assist (IPA), Lane Departure Warning (LDW), Night Vision System (NVS), Pedestrian Detection System (PDS), Road Sign Recognition (RSR), Tire Pressure Monitoring System (TPMS), Traffic Jam Assist (TJA)), Level of Autonomy (L1, L2, L3, L4, L5), Vehicle (Hatchback, Coupe & Sports Car, Sedan, SUV, Others), by Country, Segment, and Companies, 2024-2030

The global Self-Driving Car market size is poised to register 14.73% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Self-Driving Car market by Component (Camera Unit, LiDAR, Radar Sensor, Ultrasonic Sensor, Infrared Sensor), Mobility (Shared Mobility, Personal Mobility), Electric Vehicle (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)), System (Adaptive Cruise Control (ACC), Adaptive Front Light (AFL), Automatic Emergency Braking (AEB), Blind Spot Detection (BSD), Cross Traffic Alert (CTA), Driver Monitoring System (DMS), Forward Collision Warning (FCW), Intelligent Park Assist (IPA), Lane Departure Warning (LDW), Night Vision System (NVS), Pedestrian Detection System (PDS), Road Sign Recognition (RSR), Tire Pressure Monitoring System (TPMS), Traffic Jam Assist (TJA)), Level of Autonomy (L1, L2, L3, L4, L5), Vehicle (Hatchback, Coupe & Sports Car, Sedan, SUV, Others).

The Self-Driving Car Market is on the verge of transformative growth and innovation by 2030, driven by advancements in artificial intelligence, machine learning, and sensor technology that are accelerating the development of autonomous driving systems, enabling vehicles to perceive, interpret, and respond to their surroundings with increasing accuracy and reliability, paving the way for widespread adoption of self-driving technology. Secondly, the growing focus on safety, efficiency, and mobility is driving demand for autonomous vehicles as a means to reduce accidents, alleviate traffic congestion, and provide accessible transportation options for individuals with mobility challenges, reshaping the future of urban mobility and transportation infrastructure. Further, the rise of shared mobility services and the concept of Mobility-as-a-Service (MaaS) is driving the deployment of autonomous ride-hailing fleets and autonomous shuttles, offering convenient and cost-effective transportation solutions for urban commuters and travelers, while also transforming the business models of traditional automakers and transportation companies. In addition, regulatory initiatives and policy frameworks aimed at fostering the development and deployment of autonomous vehicles, coupled with investments in infrastructure and supportive legislation, are creating an enabling environment for the growth of the self-driving car market, stimulating innovation and market expansion. Furthermore, changing consumer attitudes and perceptions toward autonomous technology, coupled with increasing awareness of its potential benefits and capabilities, are driving acceptance and adoption of self-driving cars, leading to a paradigm shift in the automotive industry toward autonomous mobility solutions. .

Self-Driving Car Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Self-Driving Car market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Self-Driving Car survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Self-Driving Car industry.

Key market trends defining the global Self-Driving Car demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Self-Driving Car Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Self-Driving Car industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Self-Driving Car companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Self-Driving Car industry

Leading Self-Driving Car companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Self-Driving Car companies.

Self-Driving Car Market Study- Strategic Analysis Review

The Self-Driving Car market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Self-Driving Car Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Self-Driving Car industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Self-Driving Car Country Analysis and Revenue Outlook to 2030

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Self-Driving Car Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Self-Driving Car market segments. Similarly, Strong end-user demand is encouraging Canadian Self-Driving Car companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Self-Driving Car market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Self-Driving Car Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Self-Driving Car industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Self-Driving Car market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Self-Driving Car Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Self-Driving Car in Asia Pacific. In particular, China, India, and South East Asian Self-Driving Car markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Self-Driving Car Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Self-Driving Car Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Self-Driving Car market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Self-Driving Car.

Self-Driving Car Market Company Profiles

The global Self-Driving Car market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Aurora Innovation Inc, BYD Company Ltd, Daimler AG, Denso Corp, Ford Motor Company, General Motors Company, Mobileye N.V., Nuro Inc , Nvidia Corp, Volkswagen AG, Waymo LLC.

Recent Self-Driving Car Market Developments

The global Self-Driving Car market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Self-Driving Car Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:

Component

Camera Unit

LiDAR

Radar Sensor

Ultrasonic Sensor

Infrared Sensor

Mobility

Shared Mobility

Personal Mobility

Electric Vehicle

Battery Electric Vehicles (BEV)

Hybrid Electric Vehicles (HEV)

Plug-in Hybrid Electric Vehicle (PHEV)

Fuel Cell Electric Vehicle (FCEV)

System

Adaptive Cruise Control (ACC)

Adaptive Front Light (AFL)

Automatic Emergency Braking (AEB)

Blind Spot Detection (BSD)

Cross Traffic Alert (CTA)

Driver Monitoring System (DMS)

Forward Collision Warning (FCW)

Intelligent Park Assist (IPA)

Lane Departure Warning (LDW)

Night Vision System (NVS)

Pedestrian Detection System (PDS)

Road Sign Recognition (RSR)

Tire Pressure Monitoring System (TPMS)

Traffic Jam Assist (TJA)

Level of Autonomy

L1

L2

L3

L4

L5

Vehicle

Hatchback

Coupe & Sports Car

Sedan

SUV

Others

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

Aurora Innovation Inc

BYD Company Ltd

Daimler AG

Denso Corp

Ford Motor Company

General Motors Company

Mobileye N.V.

Nuro Inc

Nvidia Corp

Volkswagen AG

Waymo LLC.

Formats Available: Excel, PDF, and PPT