Self-Driving Cars and Trucks Market Size Analysis and Top Companies
The global self-driving cars and trucks market volume is estimated to hit around 7112.07 thousand units by 2033 incresing from 152.70 thousand units in 2023 with a CAGR of 46.83%. The top companuies in the self-driving cars and trucks are Tata Elxsi, Hyundai Motor Group, Audi AG, BMW AG, Daimler AG, Ford Motor Company, General Motors Company, Toyota Motor Corporation, Uber Technologies, Inc., Volvo Car Corporation, Audi AG, BMW AG, Mercedes-Benz Group AG, Volkswagen AG, Jaguar Land Rover Limited, Groupe Renault, Volvo Car Corporation, Aptiv PLC, Waymo LLC, Tesla, Inc., Honda Motor Co., Ltd., Nissan Motor Co., Ltd., Mitsubishi Motors Corporation, and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Volume by 2033 |
7112.07 Thousand Units |
| Market Volume in 2023 |
152.70 Thousand Units |
| Market Growth Rate from 2024 to 2033 |
CAGR of 46.83% |
| Largest Market |
North America |
| Base Year |
2023 |
| Forecast Period |
2024 to 2033 |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Self-driving Cars and Trucks Lead Manufacturers
- Tata Elxsi
- Hyundai Motor Group
- Audi AG
- BMW AG
- Daimler AG
- Ford Motor Company
- General Motors Company
- Toyota Motor Corporation
- Uber Technologies, Inc.
- Volvo Car Corporation
- Audi AG
- BMW AG
- Mercedes-Benz Group AG
- Volkswagen AG
- Jaguar Land Rover Limited
- Groupe Renault
- Volvo Car Corporation
- Aptiv PLC
- Waymo LLC
- Tesla, Inc.
- Honda Motor Co., Ltd.
- Nissan Motor Co., Ltd.
- Mitsubishi Motors Corporation
- Beijing Idriveplus Technology Co., Ltd.
- SAIC Motor Corp.
Recent Developments
- In June 2024, Amazon.com's robotaxi unit Zoox announced it plans to start testing its autonomous vehicles in Austin, Texas, and Miami, a move that would mark its first trial sites outside the western United States. Zoox will deploy its test fleet of retrofitted Toyota Highlanders with human safety drivers in small areas near the business and entertainment districts of the two cities.
- In March 2023, Google LLC, a U.S.-based technology company, collaborated with Mercedes-Benz, a luxury vehicle company in Germany, to develop a customized navigation interface. This collaboration aims to use Google's AI and data functionalities to help Mercedes-Benz accelerate its sustainability efforts, advance autonomous driving, and improve the customer experience.
- In May 2024, Japan's Defense Ministry announced its plan to set up a technology research center this fall to develop applications for innovations such as artificial intelligence, aiming to encourage cooperation with the private sector like that seen in the U.S.
- In June 2024, Tesla unveiled a new tab that released a software upgrade for its in-car navigation system in China on Friday, introducing new features such as displaying lane markings on its maps that correspond to the actual lanes on the road.
We have prepared a service to support you. please feel free to contact us at sales@precedenceresearch.com | +1 804 441 9344
