The Autonomous Vehicles Market statistical report, published by Market Research Future contains succinct information on the autonomous vehicles market, segmented by regions (North America, Europe, Asia-Pacific, and ROW) and forecast from 2016-2027. The various factors driving the autonomous vehicles market are rise in the aging population, technological advancement, ride sharing, and fuel efficiency.
The global automotive market is estimated to grow at a promising rate over the next five to ten years. The developing countries of Asia-Pacific are expected to show the highest vehicle demand. These countries are expected to have focus on cost-effective and fuel efficient passenger cars, whereas the demand in the developed countries is estimated to have a steady growth rate, while expected to have more focus on luxury vehicles equipped with advanced technologies and safety features.
Global North-America Autonomous Vehicle Market is expected to reach USD 24.40 Billion by 2027 with a CAGR of 25.8%
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Table of Contents
- Info graphics Information
1.1 Global Autonomous Vehicles Market, By Region, 2016 VS 2027 (USD Billion)
- Global Autonomous Vehicles Market, By Region, Market Data
List of Tables
Table 1 Global Autonomous Vehicles Market, By Region, 2016-2027 (USD Billion)
List of Figures
Figure 1 Global Autonomous Vehicles Market, By Region, 2016-2027, (USD Billion)
Browse Related Reports on Autonomous Vehicle Market:
Europe autonomous vehicle market has been valued at USD billion in the year 2015 and is projected to grow at CAGR during the forecast period. Contribution from major companies such as BMW, Volkswagen and Audi AG, is giving boost to the Europe autonomous vehicle market. As these companies succeed in their assignments and get closer to the reality of autonomous vehicles existence, the market in the Europe region will rise subsequently.
Germany Autonomous Vehicle Market is expected to reach USD 4.88 Billion by 2027 with a CAGR of 23.8%
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