Global Autonomous Cars Market Opportunities And Strategies – Forecast To 2030 – Includes Autonomous Cars Market Forecast
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During the forecast period, the autonomous cars market is expected to benefit from the increased investments on self-driving vehicles, as per The Business Research Company’s autonomous cars market opportunities and strategies report.
The autonomous cars market is expected to recover and grow at a CAGR of 12.7% from 2021 ad reach $1.19 trillion in 2023. The market is expected to reach $1.64 trillion in 2025 growing at a CAGR of 17.4%, and $3.19 trillion in 2030 growing at a CAGR of 14.2%.
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Major players in the autonomous cars market include Toyota Motor Corporation, Ford Motor Company, Daimler AG, General Motors Company, Volkswagen AG.
Autonomous car manufacturers are increasingly investing in cyber security to ensure the safety of the passenger. Cyber security is a real issue for autonomous cars as they are fully controlled through an online network, and therefore susceptible to hackers. Hackers can disable the brakes or steering of an autonomous vehicle, increase the speed of the car, shut down the powertrain, or manipulate other on-board systems through denial of service attacks (DDoS) and therefore autonomous cars manufactures are now focusing on the cyber security level of their cars. Cyber security provides safe networks for vehicle-to-vehicle and vehicle-to-infrastructure communication protocols and allows driverless vehicles to respond to emerging security threats.
The Global Autonomous Cars Market Is Segmented:
By Product Type: Semi-Autonomous Cars, Fully-Autonomous Cars
By Application: Civil, Offline Taxes, Robo-Taxes, Ride Hailing And Ride Sharing Taxes, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Autonomous Cars Market Report Covers:
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 Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough autonomous cars market research, analyzes and forecasts autonomous cars market size, autonomous cars market share, autonomous cars market players, autonomous cars market trends, autonomous cars market segmentation 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.
The autonomous cars market consists of sales of autonomous cars by entities (organizations, sole traders and partnerships) that manufacture autonomous cars for transporting people and goods.
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