Learn about the global autonomous cars market through The Business Research Company, which provides information on autonomous cars market size, autonomous cars market drivers and restraints, autonomous cars market players, the COVID-19 impact on the autonomous cars market, and more.

The global autonomous cars market size is expected to grow from $820.29 billion in 2021 to $931.34 billion in 2022 at a compound annual growth rate (CAGR) of 13.5%. The global autonomous car market size is then expected to grow to $1,475.47 billion in 2026 at a CAGR of 12.2%.

The rise in the development of smart cities is a key factor driving the growth of the autonomous cars market.

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The autonomous cars market consists of sales of autonomous cars and related services. An autonomous car means navigating a vehicle without human input from passengers using sensing equipment (LIDAR), environmental sensitive control equipment, and navigation equipment.

Global Autonomous Cars Market Segments Include:

By Product Type: Semi-Autonomous Vehicles, Fully-Autonomous Vehicles

By Application: Civil, Robo Taxi, Ride Hail, Ride Share, Others

By Type: Battery Electric Vehicle (BEV), Internal Combustion Engine (ICE), Hybrid Electric Vehicle (HEV)

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the autonomous cars market in 2021.

Full automation vehicles are a key trend in the autonomous cars market. The full automation vehicles are capable of performing all driving functions in all circumstances, these vehicles are being designed to be used as Robo-taxis, among others, such as Waymo.

TBRC’s autonomous cars market report covers:

Major Market Players: BMW Group, Tesla Inc, Ford Motor Company, General Motor Company, Nissan Motor Corporation, Daimler AG, Toyota Motor Corporation, Volkswagen AG, Volvo Group, and Waymo LLC.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Autonomous Cars Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides autonomous cars market overviews, analyzes and forecasts market size, share, autonomous cars market players, autonomous cars market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s autonomous cars market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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