An autonomous car is a driverless car developed to travel between destinations without a human operator. An autonomous car navigates to a predetermined destination without human intervention.

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The demand for autonomous cars has increased over the years owing to rising concerns regarding road safety, and growing incidents of road accidents. Growing penetration of connected cars, and rising adoption of IOT further boosts the market growth.

This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

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Competitive Landscape and Key Vendors

The global autonomous cars market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

The leading players in the autonomous cars market include General Motors, Alphabet Inc., Uber, Daimler, BYD, Nissan, Honda Motor Corporation, Tesla Motors, Bayerische Motoren Werke AG, and Mercedes-Benz among others.

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Key Segments

Automation Level

• Level 1

• Level 2

• Level 3

Component

• Camera

• Sensors

• Radars

• LiDAR

• Artificial Intelligence

• Others

Region

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o UK

o France

o Italy

o Rest of Europe

• Asia-Pacific

o China

o India

o Japan

o Rest of Asia-Pacific

• Latin America

o Brazil

o Rest of Latin America

• Middle East and Africa

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