Driverless Your browser does not support the audio element. [New] The Autonomous Weapons market is estimated to witness a Compound Annual Growth Rate of 8.26% from 2020 to 2030. The next 20 years will bring significant changes as electrification, shared mobility, vehicle connectivity and, eventually, autonomous vehicles reshape automotive and freight markets around the world. Intelligent transportation systems and improved performance of autonomous vehicles create new opportunities in the coming years. The automated guided vehicles (AGV) segment is forecast to hit $4.6 billion while the autonomous mobile robot (AMR) segment is expected to reach $6.8 billion. The storage capacity requirement for autonomous vehicles would balloon to over 2 TB in the next decade and, as technology continues to advance, that number could grow. The global ADAS and autonomous driving component market is expected to be valued at $39.79 billion and 518.6 million units in 2018 and is anticipated to grow at a CAGR of 12.51% and 13.29% respectively, during the forecast period, 2019-2029. Technavio has been monitoring the global autonomous bus market and it is poised to grow by 2364 units during 2020-2024, progressing at a CAGR of almost 32% during the forecast period. By 2025, 80% of new cars in China should have autonomous capabilities, and 15% should be highly autonomous vehicles that largely drive themselves. The market for autonomous mobile robots (AMRs) and autonomous ground vehicles is forecasted to generate over $10bn by 2023 and that prediction relies on data from before the COVID-19 pandemic. The market of automated vehicles, goods-to-person automated carts and autonomous mobile robots is expected to more than triple between 2030 and 2040 - from $81 to $290 billion. China is expected to build a complete set of standards for autonomous vehicles between 2035 and 2050. The global autonomous cars market is expected to decline from $24.10 billion in 2019 and to $23.33 billion in 2020 at a compound annual growth rate of -3.19%. Autonomous Car Market is projected to grow at magnificent CAGR over the forecast period 2020-2025. China is projected to lead the market by 2040 with projected autonomous vehicle sales of 14.5 million units. Level 1 and Level 2 ADAs are already available in many new vehicles, but by 2030, predict that one in four cars sold globally will have at least Level 3 autonomous driving capabilities. While recent surveys reveal a fear of driving or riding in self-driving vehicles is on the rise, a new study predicts the value of the global autonomous vehicle market will grow more than tenfold from 2019 to 2026. Autonomous parking assist technology will report a steady rise in its demand in the near future, especially in developed economies of North America and Europe. The autonomous vehicle (AV) market is expected to reach $556 billion by 2026 with a CAGR of 39%. Recent technological advancements are expected to steer growth in favour of the global autonomous car market through 2025. By 2025, highly autonomous vehicles will realize regional market application, and new traffic information infrastructure will cover major cities and typical scenes in China. By 2023, worldwide net additions of vehicles equipped with autonomous driving capabilities will reach 745,705 units, up from 137,129 units in 2018. The autonomous marine vehicles market in Asia Pacific is forecasted to register the highest CAGR during 2018-2023. See full forecast Last updated: 05 July 2020 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
