Autonomous Vehicle Market Size Reach 53.2 Billion Units by 2030 - 0 views
-
bestresearchhub on 16 Jan 24The Global Autonomous Vehicle Market size in terms of volume was USD 17.7 Billion in 2023 and is expected to reach USD 53.2 Billion by 2030, growing at a CAGR of 17.8% during 2025 - 2030. The growth of the autonomous vehicle market is attributed to the extensive development of an autonomous fleet of parcel and cab delivery services along with OTA updates availed for automotive software. Moreover, autonomous vehicles emit less amount of carbon dioxide and further eliminate accidents that are majorly occurring due to manual errors. Additionally, the low amount of consumption of gas and battery capacity by autonomous vehicles is another factor bolstering growth of the global autonomous vehicle market.