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Connected And Autonomous Mobility Vehicles Global Market Report 2025: Market Growth Propelled by Driver Safety Needs and Sustainable Transport Solutions
Connected And Autonomous Mobility Vehicles Market
What Is The Projected Market Size Of The Global Connected And Autonomous Mobility Vehicles Global Market Report 2025 And Its Growth Rate?
• The connected and autonomous mobility vehicles market is expected to reach $290.62 billion in 2025 from $197.56 billion in 2024, recording a CAGR of 47.1%.
• The market size is predicted to exponentially grow to $1180.29 billion in 2029 at a CAGR of 42.0%.
• Growth in the historic period can be attributed to the emergence of advanced driver assistance systems, GPS and navigation systems, and early R&D in autonomous vehicle projects.
• The forecast period growth is expected to be driven by consumer trust and adoption, urban mobility solutions integration, regulatory developments, increased adoption of on-demand services, and the evolution of V2X communication.
What Is Driving The Growth In The Connected And Autonomous Mobility Vehicles Global Market Report 2025?
The connected and autonomous mobility vehicles market is witnessing substantial growth driven by two primary factors - a rising number of road accidents and a pressing need for sustainable transport. Road accidents, causing property damage or personal injury, are increasingly pushing the need for connected and autonomous vehicles (CAVs) that can prevent and mitigate such mishaps. For example, in 2023, there were approximately 1.19 million road traffic deaths globally, according to the World Health Organization.
Utilizing connectivity and automation, the CAVs can perform evasive maneuvers, monitor the driver's attention and can take control of the vehicle if the driver is not paying attention. The burgeoning need for sustainable transport, which refers to energy-efficient, low or zero-emission, and affordable modes of transport, is equally driving the growth of the CAVs market. CAVs can optimize traffic flow, cut congestion, and enhance transportation efficiency - ultimately reducing carbon emissions and improving air quality.
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Who Are the Key Players Driving Connected And Autonomous Mobility Vehicles Global Market Report 2025 Growth?
• Microsoft Corporation
• General Motors (GM)
• Mercedes-Benz Group AG
• Ford Motor Company
• Bayerische Motoren Werke AG (BMW)
• SAIC Motor Corp. Ltd.
• Tesla Inc.
• Nissan Motor Co. Ltd.
• Intel Corporation
• BYD Co. Ltd.
• Groupe Renault
• The Volvo Group
• Magna International Inc.
• Uber Technologies Inc.
• ABB Ltd.
• Nvidia Corporation
• Jaguar Land Rover Automotive PLC
• Didi Chuxing Technology Co. Ltd.
• Baidu Inc.
• Aptiv PLC
• Porsche Automobil Holding SE
• Lyft Inc.
• Motional
• Aurora Innovation Inc.
• SAE International
• Nuro Inc.
• Argo AI
• AutoX Inc.
• Swift Navigation
• Nauto
What Are The Key Trends In The Connected And Autonomous Mobility Vehicles Global Market Report 2025?
Key trends in the forecast period include:
• Consumer acceptance and adoption,
• Urban mobility solutions,
• Enhancements in sensor technologies,
• Regulatory support and standards,
• Rise in on-demand mobility services,
• Development of V2X communication.
What Are The Segments Of The Global Connected And Autonomous Mobility Vehicles Global Market Report 2025?
• By Level Of Automation: Level 1, Level 2, Level 3, Level 4, Level 5
• By Propulsion Type: Semi-Autonomous, Fully Autonomous
• By Vehicle Type: Passenger Car, Commercial Vehicle
• By Application: Civil, Defense, Transportation And Logistics, Construction
Which Region Leads The Connected And Autonomous Mobility Vehicles Global Market Report 2025?
North America was the largest region in the connected and autonomous mobility vehicles market in 2024. Besides North America, the report also covers the Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa regions.
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What Is Covered In The Connected And Autonomous Mobility Vehicles Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Connected And Autonomous Mobility Vehicles Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Connected And Autonomous Mobility Vehicles Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Connected And Autonomous Mobility Vehicles Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Connected And Autonomous Mobility Vehicles Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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