Autonomous Vehicle Report Size Analysis 2027
This market was valued at approx USD 13.62 Billion in 2019 and is revenue of around USD 142.41 Billion Read More: https://bit.ly/3lCc20w
This market was valued at approx USD 13.62 Billion in 2019 and is revenue of around USD 142.41 Billion
Read More: https://bit.ly/3lCc20w
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Geographically, the market is classified into Latin America, Middle East & Africa, Asia Pacific, North America, and Europe. Europe held
major share of the market with almost 40% in 2019 while Asia Pacific is likely to rise at the highest CAGR in the forecast period. As
autonomous vehicles are gradually embraced and customer demand for technologically advanced goods is growing the market is
Europe is likely to show lucrative growth. In 2018, U.K. Transport Agency, introduced a authority to run autonomous vehicles on any
public road without any additional insurance or permits. In 2018 the country also set up the Connected and Autonomous Vehicles
Centre. The U.K. government is committed to having autonomous vehicles on the roads in the country by 2021, and is also planning to
make the necessary changes to the regulations to support the development of autonomous vehicles in this country.
Key Players Analysis
Some of the major players in autonomous vehicle market are Daimler (Germany), Robert Bosch (Germany), Volkswagen (Germany),
Continental AG (Germany), Google (U.S.), Nissan Motor (Japan), Robert Bosch (Germany), Cisco Systems (U.S.), Tesla (U.S.), Visteon
(U.S.), Denso (Japan), Continental (Germany), Delphi Automotive (UK), and Valeo (France) among others.
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