Global Autonomous Car and Truck Market Growth 2025-2031
Description
The global Autonomous Car and Truck market size is predicted to grow from US$ 42770 million in 2025 to US$ 203290 million in 2031; it is expected to grow at a CAGR of 29.7% from 2025 to 2031.
Autonomous Car and Truck often referred to as a self-driving car or driverless car, is a vehicle equipped with advanced sensors, artificial intelligence (AI), and control systems that enable it to operate and navigate on roads without human intervention. These vehicles use a combination of technologies, including radar, lidar, cameras, GPS, and sophisticated software algorithms to perceive their surroundings, make driving decisions, and safely navigate from one point to another. Autonomous cars have the potential to significantly enhance road safety, reduce traffic congestion, and provide greater mobility options for individuals who are unable to drive.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.
LP Information, Inc. (LPI) ' newest research report, the “Autonomous Car and Truck Industry Forecast” looks at past sales and reviews total world Autonomous Car and Truck sales in 2024, providing a comprehensive analysis by region and market sector of projected Autonomous Car and Truck sales for 2025 through 2031. With Autonomous Car and Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Autonomous Car and Truck industry.
This Insight Report provides a comprehensive analysis of the global Autonomous Car and Truck landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Autonomous Car and Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Autonomous Car and Truck market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Autonomous Car and Truck 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 Autonomous Car and Truck.
This report presents a comprehensive overview, market shares, and growth opportunities of Autonomous Car and Truck market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Autonomous Passenger Cars
Autonomous Trucks
Segmentation by Application:
Transportation
Defense
Other
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 analysing the company's coverage, product portfolio, its market penetration.
Audi AG
BMW AG
Daimler AG
Ford Motor Company
General Motors Company
Google LLC
Honda Motor Co., Ltd.
Nissan Motor Company
Tesla
Toyota Motor Corporation
Uber Technologies, Inc.
Volvo Car Corporation
Volkswagen AG
Key Questions Addressed in this Report
What is the 10-year outlook for the global Autonomous Car and Truck market?
What factors are driving Autonomous Car and Truck market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Autonomous Car and Truck market opportunities vary by end market size?
How does Autonomous Car and Truck break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Autonomous Car and Truck often referred to as a self-driving car or driverless car, is a vehicle equipped with advanced sensors, artificial intelligence (AI), and control systems that enable it to operate and navigate on roads without human intervention. These vehicles use a combination of technologies, including radar, lidar, cameras, GPS, and sophisticated software algorithms to perceive their surroundings, make driving decisions, and safely navigate from one point to another. Autonomous cars have the potential to significantly enhance road safety, reduce traffic congestion, and provide greater mobility options for individuals who are unable to drive.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.
LP Information, Inc. (LPI) ' newest research report, the “Autonomous Car and Truck Industry Forecast” looks at past sales and reviews total world Autonomous Car and Truck sales in 2024, providing a comprehensive analysis by region and market sector of projected Autonomous Car and Truck sales for 2025 through 2031. With Autonomous Car and Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Autonomous Car and Truck industry.
This Insight Report provides a comprehensive analysis of the global Autonomous Car and Truck landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Autonomous Car and Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Autonomous Car and Truck market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Autonomous Car and Truck 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 Autonomous Car and Truck.
This report presents a comprehensive overview, market shares, and growth opportunities of Autonomous Car and Truck market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Autonomous Passenger Cars
Autonomous Trucks
Segmentation by Application:
Transportation
Defense
Other
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 analysing the company's coverage, product portfolio, its market penetration.
Audi AG
BMW AG
Daimler AG
Ford Motor Company
General Motors Company
Google LLC
Honda Motor Co., Ltd.
Nissan Motor Company
Tesla
Toyota Motor Corporation
Uber Technologies, Inc.
Volvo Car Corporation
Volkswagen AG
Key Questions Addressed in this Report
What is the 10-year outlook for the global Autonomous Car and Truck market?
What factors are driving Autonomous Car and Truck market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Autonomous Car and Truck market opportunities vary by end market size?
How does Autonomous Car and Truck break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
125 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Autonomous Car and Truck by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Autonomous Car and Truck by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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