Lucintel Forecasts The Global Autonomous Driving Market To Grow With A Cagr Of 17.6% From 2024 To 2031

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According to a market report by Lucintel, the future of the global autonomous driving market looks promising with opportunities in the passenger/private vehicle, commercial vehicle, logistic, and heavy/off-road vehicle markets. The global autonomous driving market is expected to grow with a CAGR of 17.6% from 2024 to 2031. The major drivers for this market are the increasing demand for safer transportation solutions, the rising adoption of electric vehicles in market, and the growing advancements in machine learning.
A more than 150-page report to understand trends, opportunity and forecast in global autonomous driving market to 2031 by vehicle type (sedans, SUVs, buses, truck, tractor, and others), propulsion type (internal combustion engine vehicles, electric vehicles, and hybrid vehicles), application (passenger/private vehicles, commercial vehicles, logistics, and heavy/off-road vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the vehicle type category, SUV is expected to witness the highest growth over the forecast period.
Within the ...
... application category, passenger/private vehicle is expected to witness the highest growth.
Download sample by clicking on autonomous driving market.
In terms of region, APAC is expected to witness the highest growth over the forecast period.
NVIDIA Corporation, IPG Automotive, KPIT Technologies, Waymo, Aptiv, Infineon Technologies, Motional are the major suppliers in the autonomous driving market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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