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Autonomous Vehicle Market Size - By Level of Autonomy, By Vehicle, By Fuel, By Application, By Sensor, Growth Forecast, 2026 - 2035

Report ID: GMI8218
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Published Date: December 2025
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Report Format: PDF

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Autonomous Vehicle Market Size

The global autonomous vehicle market size was valued at USD 2.3 trillion in 2025. The market is expected to grow from USD 2.6 trillion in 2026 to USD 8.4 trillion in 2035 at a CAGR of 13.9%, according to latest report published by Global Market Insights Inc.

Autonomous Vehicle Market

The global rise in road accidents and fatalities is motivating the development of autonomous vehicles (AVs). Autonomous vehicles provide the latest technology including advanced sensors, artificial intelligence and instantaneous decision-making to reduce human error and increase traffic safety. Governments and consumers are putting greater importance on safe mobility, driving increased adoption and innovation within the AV industry.
 

Advanced technologies including artificial intelligence, machine learning, LiDAR/radar/computer vision now allow for vehicles to understand, interpret, and act in complex traffic situations. These technological advances are driving the availability of AVs and making AVs safer, more dependable, more efficient and less expensive to operate on a global scale for commercial, passenger and shared mobility.
 

Many nations are enacting policies to back AV development with favorable conditions including subsidies; pilot programs; and regulatory frameworks that are conducive to research and development (R&D), automobile testing, and infrastructure upgrades. In addition to these supportive measures, the regulatory frameworks regarding safety guidelines will reduce barriers to entry and accelerate the adoption of self-driving technology.
 

The rise of Mobility-as-a-Service (MaaS) and ride-hailing platforms are creating significant demand for AV fleets. Because of their efficiency, scalability, and ability to operate 24/7, AVs are extremely attractive to companies operating in the ride-sharing industry. They can significantly reduce labor costs, optimize fleet utilization and enable companies to rapidly scale up their urban mobility options.
 

Autonomous Vehicle Market Trends

Autonomous vehicles increasingly use artificial intelligence (AI) to make real-time decisions regarding navigation, obstacle avoidance and traffic management. The AI software utilizes machine learning models to analyze the vast amounts of data collected from vehicle sensors; thus, improving both safety and operational performance enabling autonomous vehicles to recognize and respond to changing external conditions, and utilize information from experience to create predictive models.
 

Vehicle-to-everything (V2X) technologies enable vehicles and infrastructure, such as traffic lights, and V2E vehicles, V2I, and V2V to work together to eliminate accidents, improve traffic management, and increase situational awareness. The expansion of V2X, along with improvements in smart traffic management systems, allows for the safe integration of autonomous fleets into busy urban areas.
 

The automotive and technology companies are moving towards developing fully autonomous vehicles (Level 4 and Level 5). These vehicles require no human assistance and can operate independently in all conditions, except in areas that the vehicle has determined are unsafe.
 

As the need for electric vehicle (EV) technology continues to rise, the pace of development has accelerated. Electric vehicles will offer a sustainable, lower-cost, and low-maintenance solution that supports the use of autonomous systems, for ride-hailing and delivery services. EVs reduce operational costs and emissions and help to drive increased scalability in alignment with environmental regulations and the goals of urban sustainability.
 

Autonomous Vehicle Market Analysis

Autonomous Vehicle Market, By Level of Autonomy, 2023-2025, (USD Trillion)

Based on level of autonomy, the autonomous vehicle market is divided into level 1, level 2, level 3, level 4 and level 5. The level 1 segment dominated the market, accounting for 46% in 2025 and is expected to grow at a CAGR of over 13% through 2026 to 2035.
 

  • Level 1 had the largest share in market in 2025, thanks to regulations and widespread use in mass market cars. It provides drivers with single-function support (i.e., adaptive cruise control, lane keeping) and drivers are responsible for always monitoring the vehicle. Regulatory support around increased vehicle safety and access to data from insurance companies which demonstrates reduced crash risk are creating opportunities for the Level 1 segment to grow to USD 3.69 trillion by 2035.
     
  • Level 2 is the fastest-growing production segment of the vehicle market. It enables drivers to control both speed and directionality simultaneously through systems such as Tesla's Autopilot, General Motors' Super Cruise, and Ford's BlueCruise. This segment is being rapidly adopted in premium vehicles and filtering down into mid-range vehicles, as well as through regulations requiring monitoring of the driver.
     
  • Level 3 technology can perform all driving tasks under limited conditions, with Original Equipment Manufacturers (OEMs) assuming liability when it is in use. For instance, Mercedes-Benz and Honda have recently received regulatory approval in Germany and Japan, respectively. Level 3 growth will depend on the maturation of regulatory frameworks, extensive testing and validation of the technology, as well as reliable handover processes that allow drivers to safely take back control of their vehicles.
     
  • Level 4 technologies are considered in the early stages of commercial deployment with geo-fenced robotaxis, shuttles, and autonomous trucks. Several companies, including Waymo, Nuro, and TuSimple, have established pilot programs to demonstrate the potential of this technology. Although, overall growth of this segment is likely to remain modest due to high program development and regulatory challenges, Level 4 technologies are likely to ultimately provide cost-saving benefits to fleets, making this segment a promising growth opportunity in logistics.
     
Autonomous Vehicle Market Share, By Vehicle, 2025

Based on vehicle, the autonomous vehicle market is segmented into passenger cars and commercial vehicles. Passenger cars segment dominates the market with 81% share in 2025, and the segment is expected to grow at a CAGR of 12.6% from 2026 to 2035.
 

  • Passenger cars dominate due to widespread integration of Level 1–2 ADAS, now standard in over 70% of new vehicles in developed markets. Government mandates, safety advantages, and most importantly an increased availability of adoptions from premium price points to mid-range price points are all contributing factors to consumers' acceptance of assisted driving as commonplace on passenger vehicles within the entire global marketplace.
     
  • Automobile manufacturers are very cautious with their advancement to level 3 and beyond. They have a strong focus on safety validation, compliance with regulations, and qualifications of operational design domains (O.D.D.) to ensure a safe introduction of higher-level autonomy technologies, primarily using premium brand vehicles as the "lead-in" vehicles prior to a wider mass-market introduction expected in the next decade.
     
  • Commercial AV adoption is expanding beyond freight to last-mile delivery and public transport. Companies like Nuro and Udelv deploy autonomous neighborhood delivery vehicles, while autonomous buses operate in more than 50 cities for fixed routes and transit connectivity.
     

Based on fuel, the autonomous vehicle market is segmented into ICE, electric and hybrid. The ICE segment dominates the market with 63% share in 2025, and the segment is expected to grow at a CAGR of 12.2% from 2026 to 2035.
 

  • ICE-based AVs have been focusing on integrating autonomous driving technologies incrementally. Instead of creating entirely new architecture specifically designed to enable autonomous driving, OEMs are improving Level 1-2 systems on existing combustion-powered platforms. Progression is occurring primarily due to growing demand from fleet operators in regions without EV charging infrastructure.
     
  • EV-based autonomous platforms are accelerating as OEMs and robotaxi developers prioritize electric powertrains for smoother torque control, lower operating costs, and compatibility with high-compute AD systems. In addition, the growing number of charging sites available, increasing numbers of automated fleet charging solutions being developed, and increasing numbers of governments creating incentive programs for EVs, EVs have now become the predominant foundation to pursue Level 4-5 AVs.
     
  • Hybrid vehicles have been viewed as a transitional autonomous vehicle platform, as they allow for longer distances traveled and more flexible energy sources within regions with less developed EV charging networks. OEM are now finding ways to maximize the efficiency of dual-powertrain control for both smoother autonomous operations and more efficient use of regenerative braking.
     

Based on application, the autonomous vehicle market is segmented into personal transportation, public transportation, goods transportation, industrial applications and others. The personal transportation segment is expected to dominate the market with a share of 42% in 2025, driven by high reach, accessibility, and extensive capabilities.
 

  • The growth of personal transport will lead to a rise in consumer adoption, as consumers want convenience, safety, and productivity from the time they spend in transit. Growth in this area is currently driven by increased acceptance of Level 1 and Level 2 autonomous driving systems and a gradual shift toward Levels 3 and 4 for highway usage. Urbanization, shared economy models, and lower costs for the entire life cycle of the transportation system will also accelerate demand for autonomous personal mobility globally.
     
  • The rapid growth of autonomous public transportation (such as buses and shuttles), will occur due to the elimination of driver costs, related to the use of predictable routes with strong economic value. Level 4 operations in controlled environments enable high utilization of these vehicles and increased frequency of service. Government smart-city funding, the integration of Mobility-as-a-Service (MaaS), and sustainability will accelerate the adoption of autonomous public transport across urban transit networks worldwide.
     
  • Goods movement is a high-value opportunity due to a shortage of truck drivers in North America, significant potential for high utilization, and substantial cost savings for truck operators. Autonomous long-haul trucks and last-mile delivery vehicles will improve the efficiency of load management and reduce operating costs, which will allow logistics operators to run their operations continuously.
     
US Autonomous Vehicle Market Size, 2023-2035, (USD Billion)

The US autonomous vehicle market reached USD 410.2 billion in 2025, growing from USD 363.1 billion in 2024.
 

  • American businesses utilize artificial intelligence and machine learning to improve their autonomous vehicle safety, traffic forecasting, and ability to make more intelligent decisions when driving in complex urban and highway scenarios.
     
  • Both large technology companies and small startups have been experimenting with the use of autonomous vehicles for transportation services such as ride-sharing and delivery services, creating more cost-effective ways of operating such services while providing scalable solutions for urban mobility.
     
  • Government entities at both the federal and state levels are establishing guidelines for testing autonomous vehicles, liability issues, and compliance with safe operation practices, encouraging innovation while protecting the public's safety.
     

North America dominated the autonomous vehicle market with a market size of USD 486.8 billion in 2025.
 

  • Automakers and technology startups in Canada, the US, and Mexico are expanding pilot programs, leveraging regulatory incentives and diverse road conditions to refine autonomous driving algorithms.
     
  • More testing of autonomous vehicle use is currently being done within connected urban infrastructure, which would make automated vehicle fleet operations more efficient and provide better management of traffic on the streets and highways of connected cities through the optimization of traffic signals.
     
  • The use of electric vehicle platforms in conjunction with autonomous vehicles will promote a more sustainable model for urban transportation while minimizing their overall impact on the environment.
     

Europe autonomous vehicle market accounted for a share of 16.1% and generated revenue of USD 376.4 billion in 2025.
 

  • Cross-country cooperation in Europe on AV testing such as France, the Netherlands and Sweden are focusing on autonomous navigation using AI, Safety Systems, and EV integration in response to the EU's sustainability objectives and urban mobility goals.
     
  • The European Union has AV Regulations along a common framework to facilitate the advancement of Testing, Deployment and Safety Compliance requirements in all Member States. This means that OEMs will have fewer barriers to entry in Europe and it will foster innovation while continuing to require a high level of Safety and Consumer Trust.
     
  • Cities across Europe are working to provide AVs with V2X (Vehicle to Everything), electric fleets and public transport. This Integrated Approach provides Shared, Low-Emissions Mobility and reduces congestion and increases efficiency while advancing the overall Environmental and Sustainability Goals of the European Union.
     

Germany dominates the autonomous vehicle market, showcasing strong growth potential, with a CAGR of 13.4% from 2026 to 2035.
 

  • German OEMs (BMW, Mercedes-Benz and Volkswagen) have made substantial investments into the R&D of Autonomous Vehicles. To support Level 4+ Testing of vehicles in controlled environments the use of Advanced AI, LIDAR and Sensory Fusion Technology was employed. Safety, Reliability and EV Powertrains ensure continued growth of sustainable mobility.
     
  • Germany is focusing on autonomous vehicle testing on Smart Highways equipped with Sensor Networks and Connected Traffic Systems. Testing on these Automation forms of transportation allows for the Safe Navigation of Autonomous Vehicles on High-speed roads, increasing the conditions for successful testing and creating opportunities for Large Commercial Deployment.
     
  • Testing of ride-hailing, autonomous shuttle services, and fleet operations are being performed in metropolitan areas such as Berlin and Munich. Enterprises are integrating autonomous vehicles with reduced emissions, optimizing fleet efficiency, and offer subscription-based mobility solutions in alignment with sustainability goals.
     

The Asia Pacific autonomous vehicle market is anticipated to grow at CAGR of 13.3% from 2026 to 2035 and generated revenue of USD 1.3 billion in 2025.
 

  • China, Japan, South Korea, India, Singapore and other APAC countries are implementing pilot programs for autonomous vehicles to transport passengers as well as to deliver and provide logistics services based on the application of artificial intelligence technologies, electric propulsion systems and telematics that improve vehicle safety and increase vehicle/equipment operating efficiency.
     
  • APAC governments are also integrating autonomous vehicle technologies into their smart city initiatives which include traffic management systems, connected sensor technologies and vehicle-to-everything (V2X) enabled roadway infrastructure to enable autonomous vehicles to operate in an efficient manner.
     
  • Autonomous vehicle technology companies are working with local governments to establish partnerships that will enable testing of autonomous electric fleets for logistics, as well as transport to consumers through ride-hailing service providers. This partnership approach will help establish the transfer of technology, support regulatory compliance, and develop localized solutions for the challenges of urban traffic flow, while increasing the speed of AV adoption by local authorities within APAC.
     

China autonomous vehicle market is estimated to grow with a CAGR of 13.7% from 2026 to 2035.
 

  • The development of autonomous vehicle technology is supported by government funding and support, driving forward China’s autonomous vehicle development. Policy incentives and subsidies accelerate research and development of EV-integrated Auto vehicles, as well as the development of smart city initiatives. Major cities in China such as Beijing, Shanghai, and Shenzhen have already established AV testing zones and pilot programs for autonomous taxis, buses, and delivery fleets.
     
  • China is integrating electric vehicles with autonomous systems, driven by environmental regulations and urban sustainability goals. These developments support energy-efficient, low-emission solutions for urban mobility and promote increased collaboration between Chinese manufacturers and foreign technology providers.
     
  • The Chinese automotive industry focuses heavily on the development of V2X technologies. The goal of V2X technology is to improve traffic safety in urban areas using intelligent traffic management systems that link up to Virtual Systems for controlling the flow of traffic, and also for coordinating the efforts of fleets of autonomous vehicles.
     

Latin America autonomous vehicle market shows lucrative growth over the forecast period.
 

  • Mexico City and Santiago are two examples of cities implementing autonomous shuttles and deliveries to create more efficient urban transport systems, improve urban mobility and increase urban safety.
     
  • Governments of cities in these regions are working closely with technology companies and Original Equipment Manufacturers (OEMs) to enable the rollout of fleets of autonomous and electric vehicles, whilst creating a roadmap to establish a regulatory framework and facilitate the acceptance of technology within the market.
     
  • These cities are introducing new initiatives focused on collecting data to support the creation of systems that will allow for the better management and use of connected fleets across metropolitan areas in Latin America to improve the overall flow of traffic, logistics efficiency, and road safety.
     

Brazil autonomous vehicle market is estimated to grow with a CAGR of 10.3% from 2026 to 2035 and reach USD 80.6 billion by the end of 2035.
 

  • Pilot projects to test autonomous shuttles, buses and delivery vehicles are currently being conducted in São Paulo and Rio de Janeiro as part of Brazil's smart mobility strategy. These pilot programs use artificial intelligence (AI) for intelligent navigation, and telematics for efficient transport systems.
     
  • The Brazilian government actively supporter of the testing of autonomous vehicles and the adoption of electric vehicles through the provision of regulatory support and financial incentives, resulting in increased investment in smart mobility infrastructure.
     
  • Telematics, route optimization and Vehicle-to-Everything (V2X) connectivity are being used by many logistics and freight transport companies in Brazil to integrate autonomous vehicles into their supply chain. This integration has allowed for improved operational efficiencies and cost reductions.
     

The Middle East and Africa autonomous vehicle market accounted for USD 62.5 billion in 2025 and is anticipated to show lucrative growth over the forecast period.
 

  • Saudi Arabia, Qatar, and South Africa are all piloting the use of automated vehicles to transport passengers and packages within urban environments, using AI and telematics to improve their operations through better use of technology to map out routes and manage their fleets.
     
  • Governments in the Middle East and Africa are working to build up new smart infrastructure, for example, by providing roads with Vehicle-to-Everything (V2X) capabilities, deploying Internet of Things (IoT) sensors, and making available faster 5G networks that will allow for the deployment of autonomous vehicles in rapidly growing cities safely.
     
  • Autonomous electric vehicle fleets are currently being tested for the delivery of goods, as well as for transportation of passengers by many local governments in this region. These initiatives are being implemented to help to reduce carbon emissions, improve the efficiency of transport operations, and promote public-private partnerships to support the deployment of AVs.
     

UAE market is expected to experience substantial growth in the Middle East and Africa transportation management system market, with a CAGR of 9.3% from 2026 to 2035.
 

  • AVs being incorporated into smart cities in the UAE include the use of autonomous taxicabs, shuttle vehicles and logistics vehicles to and from shopping centres, hospitality venues etc. The real-time traffic management systems and AI will help provide a safe and efficient way to operate these vehicles.
     
  • The UAE government is also supporting the experiment and testing of AVs with policies, pilot programs and incentives. The UAE has also established itself as a regional hub for developing new AV technologies in the Middle East.
     
  • The UAE is making rapid strides in the development of autonomous logistics through large scale investments in the area of autonomous delivery vehicles, trucks and robotic last-mile solutions. Jebel Ali Port and Khalifa Port are now using autonomous yard trucks, AI in container handling and connected freight corridors to improve supply chain efficiency.
     

Autonomous Vehicle Market Share

  • The top 7 companies in the autonomous vehicle industry are Volkswagen, Toyota, General Motors, Ford, Honda, BMW and Tesla, contributing 32% of the market in 2025.
     
  • Toyota with an impressive 10.6% share of the autonomous vehicle market, Toyota is at the forefront of the industry due to its unmatched scale of manufacturing, along with $8 billion a year being spent on R&D. Toyota's two-pronged strategy of helping with Guardian and full autonomy with Chauffeur is indicative of their priority of safety. Toyota's TRI has over 1000 engineers who have completed more than 15 million miles of testing.
     
  • Volkswagen is a pioneer, being Europe’s largest automaker and investing $50 billion in digitalization and electrification. Volkswagen uses the CARIAD division, which employs over 5000 engineers to produce scalable automated software for all brands of Volkswagen Group. Volkswagen employs a multi-partner strategy with companies like Mobileye and Bosch, along with the Level 3 initiatives of Audi.
     
  • General Motors, with its Cruise Division being one of the most advanced Level 4 programs, having received over $15 billion in funding. GM has presented the public with fleet free robotaxis in San Francisco, after completing over 5 million autonomous miles and providing more than 1 million paid rides. GM's purpose-built AV, known as the Origin, and the wide-scale deployment of Level 2 Super Cruise, provide GM with an extensive lead in the autonomous vehicle market.
     
  • Ford moved from consumer focus to commercial applications for AVs after the closure of Argo AI and has shifted to a more commercial application focus as well as the use of Ford's strength in commercial vehicles by focusing on Autonomous vans, trucks and last-mile delivery as its primary focus. Ford has provided BlueCruise, a hands-free Level 2 AV system across its F-150, Mach-E and more models to support the growth of consumer adoption of AVs.
     
  • Honda was the first automaker globally to receive regulatory approval for a Level 3 AV with Traffic Jam Pilot in Japan, a demonstration of Honda's commitment to AV safety and technology. Honda's Level 3 AV was a significant safety achievement for Honda because the number of deployments has been limited. Honda is taking the lead on developing internal Sensing 360 Level 2 level vehicles while pursuing a partnership with GM for Level 4 Cruise Origin.
     
  • BMW is establishing itself as the frontrunner for premium segment Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicle Technology, implementing Level 2 (L2) & Level 2 Plus (L2+) capabilities in virtually all markets of the globe. BMW is currently working on developing Level 3 (L3) & Level 4 (L4) to address urban environments and Luxury/ Flagship Vehicles.
     
  • Tesla's fleet-based data collection has enabled them to collect billions of driving miles in real-world conditions, which have been used for accelerated neural network training, allowing for rapid software improvements. By closely integrating Autonomous Driving with the Electric Vehicle architecture and performing seamless over-the-air software updates, Tesla continues to be a significant competitor.
     

Autonomous Vehicle Market Companies

Major players operating in the autonomous vehicle industry are:
 

  • BMW
  • Ford
  • General Motors
  • Honda
  • Hyundai
  • Mercedes-Benz
  • Nissan
  • Tesla
  • Toyota
  • Volkswagen

     
  • BMW develops autonomous vehicle technology through Level 2-3 systems, large-scale commercialization of Level 2-3 autonomous vehicles, and partnerships with partners Mobileye and Intel, to provide affordable urban-level vehicle autonomy. Ford has shifted from developing autonomous 'robots' to developing practical, commercialized delivery and fleet applications, after the shutdown of the Argo AI project. The company is focused on developing immediate safety-validated deployment of autonomous vehicle technologies into the transportation supply chain via its BlueCruise Level 2 technology.
     
  • General Motors is leading the US in autonomous vehicle development through the development of Cruise, a Level 4 robotaxi platform with significant scale commercial vehicle deployments. Honda is the first in the world to attain Level 3 regulatory approval (Japan) with the Traffic Jam Pilot and is collaborating with GM to develop future Level 4 vehicle automation. Both companies share a commonality of strong technical and safety-based product development programs and have taken a cautious approach to leveraging technical capabilities for monetization opportunities.
     
  • Through the development of Motional, a joint venture with Aptiv, Hyundai began accelerating its development of autonomous vehicle technology by providing licensed Level 4 pilot programs throughout the United States and Asia. Mercedes-Benz has demonstrated leadership in the regulatory field by obtaining Level 3 approval (Germany and the United States) and utilizing ADAS systems that provide premium features and assurance of safe, automated technology operationalization. Both companies complement strong technical integration with sound strategic partnerships in the automotive and other industries to amplify their autonomous vehicle product lines.
     
  • Nissan ProPilot Assist focuses easy autonomous driving, with widespread level 2 capabilities, across a wide range of mass-marketed products. Tesla leads in terms of fleet data-based lessons learned, using camera-only FSD (Full Self-Driving) technologies to gather billions of miles of data to train their neural networks. The focus at Nissan is on low cost and safety, while Tesla's focus is to produce rapidly improving software to achieve full automation.
     
  • Toyota dual strategy "Guardian" and "Chauffeur"provide a strong research and development programs, regulatory developments and partnerships like Aurora to prepare for level 4 automated driving capabilities. Volkswagen makes significant investments through CARIAD (the Volkswagen Group's software division) and intends to integrate autonomous functionality across their brands and products, while also aligning that functionality with their electrification efforts. autonomous mobility.
     

Autonomous Vehicle Industry News

  • In November 2025, Mercedes-Benz announced expansion of its Drive Pilot Level 3 system to California, marking the first Level 3 autonomous driving system approved for commercial operation in the United States. Technology allows for hands-off, eyes-off driving at speeds of up to 40 miles an hour in traffic conditions where the vehicle is controlled by the technology provider. The vehicle manufacturer bears complete liability for any mishaps associated with operating the technology.
     
  • In October 2025, Waymo achieved a major milestone, providing 100,000 paid rides on their robotic taxi fleet each week, utilizing 700 self-driving vehicles. Furthermore, Waymo has demonstrated repeatable successful operations over an area of approximately 150 square miles.
     
  • In September 2025, The European Union published regulations regarding the governmental approval process for autonomous systems operating at Level 4 under regulation 2022/1426. This regulation creates the framework for establishing a joint safety standard for the entire European Union and provides way for OEMs serving the European market to operate by 2026.
     
  • In August 2025, General Motors Company announced that they had resumed operation of their Cruise technology robotic taxi service in the cities of San Francisco and Houston. After conducting a comprehensive safety review, GM introduced several new technologies, which improved Cruise's pedestrian detection and emergency braking capabilities in addition to having redundant computing capabilities.
     

The autonomous vehicle market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipments (units) from 2022 to 2035, for the following segments:

Market, By Level of Autonomy

  • Level 1
  • Level 2
  • Level 3
  • Level 4
  • Level 5

Market, By Vehicle

  • Passenger cars
    • SUV
    • Sedan
    • Hatchback 
  • Commercial vehicles
    • Light commercial vehicles (LCV)
    • Medium commercial vehicles (MCV)
    • Heavy commercial vehicles (HCV)

Market, By Fuel

  • ICE
  • Electric
  • Hybrid

Market, By Application

  • Personal transportation
  • Public transportation
  • Goods Transportation
  • Industrial applications
  • Others

Market, By Sensor

  • LiDAR
  • Radar
  • Cameras
  • Ultrasonic sensors
  • GPS/IMU systems

The above information is provided for the following regions and countries:

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
    • Poland
    • Romania
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Vietnam
    • Indonesia
  • Latin America
    • Brazil
    • Mexico
    • Argentina 
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE

 

Authors: Preeti Wadhwani, Satyam Jaiswal
Frequently Asked Question(FAQ) :
Who are the key players in the autonomous vehicle industry?
Key players include BMW, Ford, General Motors, Honda, Hyundai, Mercedes-Benz, Nissan, Tesla, Toyota, and Volkswagen.
What are the upcoming trends in the autonomous vehicle market?
Key trends include AI-driven real-time decision-making, expanding V2X adoption, progress toward Level 4–5 autonomy, greater EV integration, and advancements in smart traffic management systems.
What was the market share of the ICE segment in 2025?
The ICE segment accounted for 63% of the market in 2025 and is anticipated to observe around 12.2% CAGR through 2035.
What was the valuation of the US autonomous vehicle sector?
The US market was valued at USD 410.2 billion in 2025, led by advancements in AI, machine learning, and traffic management technologies.
What was the market share of the passenger cars segment in 2025?
The passenger cars segment held an 81% market share in 2025 and is set to expand at a CAGR of 12.6% till 2035.
What was the market share of the Level 1 segment in 2025?
The Level 1 segment dominated the market with a 46% share in 2025 and is expected to grow at a CAGR of over 13% from 2026 to 2035.
What is the expected size of the autonomous vehicle industry in 2026?
The market size is projected to reach USD 2.6 trillion in 2026.
What is the projected value of the autonomous vehicle market by 2035?
The market is poised to reach USD 8.4 trillion by 2035, driven by increased adoption of autonomous technologies, V2X advancements, and the integration of electric vehicles.
What was the market size of the autonomous vehicle in 2025?
The market size was valued at USD 2.3 trillion in 2025, with a CAGR of 13.9% expected through 2035. The rise in road accidents and fatalities, coupled with advancements in AI and sensor technologies, is driving market growth.
Autonomous Vehicle Market Scope
  • Autonomous Vehicle Market Size
  • Autonomous Vehicle Market Trends
  • Autonomous Vehicle Market Analysis
  • Autonomous Vehicle Market Share
Authors: Preeti Wadhwani, Satyam Jaiswal
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Premium Report Details

Base Year: 2024

Companies covered: 30

Tables & Figures: 150

Countries covered: 24

Pages: 230

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