autonomous vehicle market by component (camera, lidar, radar, ultrasonic sensor), by application (civil, robo taxi, ride hail and share, self-driving bus and truck) and by fuel type (ice, hev, bev) forecasts to 2027.

53500
Present Value (M$)
2019
724360
Forecast Value (M$)
2027
38.5%
CAGR (%)

The global autonomous vehicle market was valued at USD 53.50 Billion in 2019 and is anticipated to reach USD 724.36 Billion by 2027 at a CAGR of 38.5%.

Main companies

  • Audi AG; BMW AG; Daimler AG; Ford Motor Company; General Motors Company; Google LLC; Honda Motor Co.
  • Ltd.; Nissan Motor Company; Tesla; Toyota Motor Corporation; Uber Technologies
  • Inc.; Volvo Car Corporation; Volkswagen AG