Self driving Cars and Trucks Market Analysis, Size, Growth,

Share & Forecast to 2030 | Grand View Research Inc.

“Self-driving Cars & Trucks Market Demand To Reach 4,223 Thousand Units By 2030”

The global self‑driving/autonomous cars and trucks market size is anticipated to reach 4,223 thousand units by
2030, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 63.1% during the
forecast period. An autonomous vehicle is a combination of various sensors and networking systems that
assist computers in driving vehicles. Thus, several technology providers such as Google Inc. and Tesla Motors
have also entered the market and are contributing to research and development of autonomous vehicles.

The automobile industry is dynamic and is witnessing rapid advancements in terms of technologies. Several
major players in the industry, such as General Motors Company (GM), Volkswagen AG, Mercedes-Benz, and
Bayerische Motoren Werke AG (BMW), invest a significant part of their revenue in research and development
of technologies. Currently, there is a growing trend of autonomous vehicles, thus attracting larger investments
from top players.

The autonomous cars and trucks market has been segmented on the basis of application into transportation
and defense. The transportation segment has been bifurcated further into industrial and commercial
applications. Transportation is expected to have a greater market share while the defense segment is expected
to portray the highest growth over the forecast period.

The North America region is slated to account for the largest share in the autonomous cars and trucks market in
2020. Demand for autonomous vehicles is expected to increase over the forecast period owing to stern
government regulations and rising adoption of self-driving vehicles in U.S.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/driverless-cars-market

Further key findings from the report suggest:

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  Demand for driverless cars and trucks market is expected to grow owing to rising number of
regulations laid down by governments of various developed and developing nations
 Market size of the defense segment is expected to expand at the highest CAGR of 86.4% over
the forecast period
 U.S., China, and Japan markets are expected to witness significant growth over the forecast
period owing to large-scale testing activities and adoption of autonomous cars and trucks in the
transportation sector
 Audi AG; BMW AG; Daimler AG (Mercedes Benz); Ford Motor Company; General Motors;
Google LLC; Honda Motor Corporation; Nissan Motor Company; Tesla, Inc.; Toyota Motor
Corporation; Uber Technologies, Inc.; Volvo Car Corporation; and Volkswagen AG are some of
the key market incumbents.

Grand View Research has segmented the global Self-driving/Autonomous Cars and Trucks market on
the basis of application and region:
Self-driving/Autonomous Cars and Trucks Application Outlook (Volume, Thousand Units, 2020 -
2030)
 Transportation

o Industrial
o Commercial
 Defense
Self-driving/Autonomous Cars and Trucks Regional Outlook (Volume, Thousand Units, 2020 -
2030)
 North America

o U.S.
o Canada
o Mexico
 Europe
o Germany
o U.K.
o France
o Netherlands
o Sweden
 Asia Pacific
o China
o Japan

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 o Singapore
o Australia
 South America
o Brazil
 Middle East and Africa

Table of Content
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Autonomous Cars and Trucks - Industry Snapshot & Key Buying Criteria, 2020 - 2030
Chapter 3 Industry Outlook
3.1 Market Segmentation & Scope
3.2 Autonomous Cars and Trucks Value Chain & Ecosystem Analysis
3.3 Autonomous Cars and Trucks Market Dynamics
3.4 Autonomous Cars and Trucks Market Driver Analysis
3.4.1 Rising need for road safety
3.4.2 Growing R&D spending in autonomous vehicle development
3.4.3 Environmental impact due to traditional vehicles
3.4.4 Increased energy savings by autonomous vehicles
3.5 Autonomous Cars and Trucks Market restraint analysis
3.5.1 Car safety and cybersecurity concerns
3.5.2 Non-availability of infrastructure in developing countries
3.6 Autonomous Cars and Trucks Market Opportunity Analysis
3.6.1 Increased technological advancements by OEMs for the development of autonomous
vehicles
3.6.2 New business model for insurance companies
3.7 Autonomous Cars and Trucks Market Challenges Analysis
3.7.1 System reliability and uncertainty in user acceptance
3.8 Penetration & Growth Prospect Mapping, 2030
3.9 Autonomous Cars and Trucks Market Analysis - PEST

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 3.10 Autonomous Cars and Trucks Industry Analysis - Porter’s
3.11 Autonomous car government regulations
3.11.1 U.S.

Continue………….

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