Driving into the Future : Navigating the Autonomous Vehicle Market's Latest Trends and Innovations Forecast, 2021-2030

As per the report, the global autonomous vehicle market size generated $76.12 billion in 2020 and is estimated to reach $2,161.78 billion by 2030, growing at a CAGR of 40.1% from 2021 to 2030.

Allied Market Research published a report, titled, "Autonomous Vehicle Market by Level of Automation (Level 1, Level 2, Level 3, Level 4, and Level 5), Application (Civil, Defense, Transportation & Logistics, and Construction), Drive Type (Semi-autonomous and Fully Autonomous), and Vehicle Type (Passenger Car and Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2021-2030".

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/4649

𝐌𝐚𝐣𝐨𝐫 𝐝𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐠𝐫𝐨𝐰𝐭𝐡

The transition from ownership to mobility-as-a-service (MaaS), growth in connected infrastructure, improved safety, and reduction in traffic congestion have boosted the growth of the global autonomous vehicle market. However, high manufacturing cost and data management challenges hinder the market growth. On the contrary, development of smart cities and supportive government regulations would unlock new opportunities for the market players in the future.

𝐓𝐡𝐞 𝐟𝐮𝐥𝐥𝐲 𝐚𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐭𝐡𝐞 𝐡𝐢𝐠𝐡𝐞𝐬𝐭 𝐂𝐀𝐆𝐑 𝐛𝐲 𝟐𝟎𝟑𝟎

Based on drive type, the fully autonomous segment is projected to manifest the highest CAGR of 52.3% during the forecast period, owing to adoption of automation in the transport sector. However, the semi-autonomous segment dominated in terms of revenue in 2020, accounting for more than 90% of the global autonomous vehicle market share in 2020, due to trend of automation and surge in availability of semi-autonomous vehicles in the market.

𝐓𝐡𝐞 𝐝𝐞𝐟𝐞𝐧𝐬𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐬𝐡𝐨𝐰𝐜𝐚𝐬𝐞 𝐭𝐡𝐞 𝐡𝐢𝐠𝐡𝐞𝐬𝐭 𝐂𝐀𝐆𝐑 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝟐𝟎𝟑𝟎

Based on application, the defense segment is expected to register the highest CAGR of 43.4% during the forecast period, owing to rise in demand for autonomous vehicles in the defense sector. However, the civil segment held the largest share in 2020, accounting for nearly two-thirds of the global autonomous vehicle market in 2020, owing to rise in availability of semi-autonomous cars across the globe.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/autonomous-vehicle-market/purchase-options

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐡𝐞𝐥𝐝 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐬𝐡𝐚𝐫𝐞

Based on region, North America held the highest share in 2020, contributing to more than one-third of the market, owing to rise in use of semi-autonomous vehicles in the region. However, the global autonomous vehicle market across Asia-Pacific would register the fastest CAGR of 42.4% from 2021 to 2030, due to the continuous technological advancements in the automobile sector.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘 :

Cerner Corporation
Epic Systems Corporation
Eclinicalworks, LLC
GE Healthcare
Mckesson Corporation
Athenahealth, inc.
Quest Diagnostics Incorporated
Gebbs healthcare solutions, inc.
Experian PLC
Allscripts Healthcare Solutions, INC.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/4649

𝐂𝐨𝐯𝐢𝐝-𝟏𝟗 𝐨𝐮𝐭𝐛𝐫𝐞𝐚𝐤 :

The Covid-19 pandemic negatively affected the demand for automotive vehicles due to restriction on import-export across the international boarders and restrictions on public and private transportation.

The prolonged lockdown disrupted the supply chain and created shortage of raw materials, which in turn, hampered manufacturing activities of autonomous vehicles.

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :

Semi-Autonomous & Autonomous Bus Market : https://www.alliedmarketresearch.com/semi-autonomous-and-autonomous-bus-market-A07164

Autonomous Forklift Market : https://www.alliedmarketresearch.com/autonomous-forklift-market-A09607

Autonomous Weapons Market : https://www.alliedmarketresearch.com/autonomous-weapons-market-A13132

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 :

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 :

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