• Home/
  • Press Releases/
  • Global Autonomous Cars Market Valued 1830 Billion USD in 2030 with CAGR of 109.77% - QY Research Report

QY Research has published a new report on the global autonomous cars market. The global autonomous cars market was valued at US$ 2327 million in 2021 and it is expected to reach US$ 1830433 million by the end of 2030, growing at a CAGR of 109.77% during 2021-2030.

An autonomous car is a vehicle capable of sensing its environment. To set agreed-upon standards early in the transition to autonomous vehicles, the Society of Automotive Engineers (SAE) developed a classification system which defines the degree of autonomy by which a vehicle operates. Ranging from levels zero to five, the driving automation spectrum begins with manually controlled vehicles and ends with completely driverless chariots.

Global Autonomous Cars Market- Key Players

Cruise LLC (General Motors), Waymo (Google), BMW, Ford, Honda, Daimler (Mercedes-Benz), Audi (Volkswagen), Toyota, Apollo (Baidu), Motional (Hyundai) are some of the key players, functioning in the global Autonomous Cars market. Presently, there are just a few companies are engaged in the industry with small business size as the industry is emerging.

It’s been a few years and autonomous vehicles are, alas, still in the future. Right now, there is no car on sale that can drive itself without requiring the driver to pay attention to the road and be prepared to take control of the vehicle. In fact, some automakers have slowed down their timelines.

Although there are still many disputes on autonomous cars, the market potential of it is great. Many car makers never stop their step on research and developing .

Global Autonomous Cars Market: Segmental Analysis

L3 and L4-L5 are analyzed in the report. According to QY Research, presently, there are mainly L3 autonomous cars on the market while L4-L5 cars haven’t achieved commercial production at the moment. However, in the future, L4-L5 will exceed L3 and become the largest segment.

Global Autonomous Cars Market: Regional Analysis

North America, Europe, China, Japan are analyzed in the report. North America and Europe are the largest sales market of autonomous cars at the moment while China has greatest potential in the future.


About Us:

QY Research is the most reliable and trustworthy source of market research, established in the year 2007. We provide the best and the most syndicated research reports which focuses on custom research but not limited to management consulting, IPO consulting, industry chain research, and data base and seminar services. We provide market research reports on Chemical and material, machinery and equipment, electronics and semiconductor, consumer goods, energy and power, healthcare etc...


Media Contact:

Rahul Singh - Digital Marketing Director

Contact: +91 7028 920 828

Email: rahul@qyresearch.com


Sales Contact US:

USA Registered Office: QY Research, INC. 

17890 Castleton, Suite 369,

City of industry, CA - 91748

Emails – enquiry@qyrsearch.com

Web – www.qyresearch.com

©2007-2026 QY Research All Rights Reserved.