Global Autonomous Vehicle market value will reach USD 397.93 billion by 2025

reogma|Global Autonomous Vehicle market value will reach USD 397.93 billion by 2025

The global autonomous vehicle market was valued at USD 54.23 billion in the year 2019 and is estimated to reach USD 75.59 billion by the year 2020.

It is expected to grow at the CAGR of 39.47% within the time horizon of 2020-2025 because of Increase road capacity and minimization of traffic congestion, Improved fuel economy & positive environmental outcomes, rising investment in digital infrastructure, elimination of accidents caused due to manual errors, and supportive regulatory framework

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

The autonomous vehicles are capable of navigating roadways and moving safely itself with little or no human input through the use of the sensors and software. It consists of advanced control systems including radar, lidar, sonar, GPS, odometry, and inertial measurement units.

These types of sensors assist to control, navigate, and operate the vehicle by sensing its environment.   In general, the autonomous vehicles are based on the Bayesian Simultaneous localization and mapping algorithms that use the data obtained from the multiple sensors and fuse it to develop the current location estimates and map updates from the off-line map.

Based on the type of application, the global autonomous vehicle market consists of transportation and defense.

Based on the type of automation, the global autonomous vehicle market consists of the semi-autonomous and fully autonomous segment.

As the type of the sensor, its market consists of ultrasonic, image, radar, lidar, and other segments.

reogma|Global Autonomous Vehicle market value will reach USD 397.93 billion by 2025


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The global autonomous vehicle market was valued at USD 54.23 billion in the year 2019 and is estimated to reach USD 75.59 billion by the year 2020. It is expected to grow at the CAGR of 39.47% within the time horizon of 2020-2025 because of Increase road capacity and minimization […]
reogma|Global Autonomous Vehicle market value will reach USD 397.93 billion by 2025reogma|Global Autonomous Vehicle market value will reach USD 397.93 billion by 2025

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