Autonomous Vehicle Market Share

Autonomous Vehicle Market Share

Volkswagen AG and Toyota Motor Corporation dominate the autonomous vehicle industry with over 15% of the market share. Volkswagen AG dedicates considerable resources to research and development (R&D) efforts, primarily directed towards advancing autonomous vehicle technology. Additionally, they allocate investments towards state-of-the-art sensors, artificial intelligence, and machine learning algorithms, aiming to elevate the safety, dependability, and effectiveness of autonomous driving systems.
 

Toyota Motor Corporation adopts a data-centric strategy in the development of autonomous vehicles, gathering and evaluating real-world driving data. Leveraging insights gleaned from data analytics, they refine autonomous driving algorithms, bolster predictive capabilities, and fine-tune vehicle performance and safety measures.
 

Autonomous Vehicle Market Companies

Major companies operating in the autonomous vehicle industry are:

• AB Volvo
• BMW AG
• Embark Trucks Inc.
• General Motors Company
• Honda Motor Company
• Nissan Motor Co. Ltd.
• Tesla Inc.
• Toyota Motor Corporation
• Volkswagen AG