Dublin, May 27, 2022 (GLOBE NEWSWIRE) — The “US Autonomous Vehicle Market, Size, Forecast 2021-2030, Industry Trends, Growth, COVID-19 Impact, Opportunities Company Analysis” report has been added to ResearchAndMarkets.com’s offering.
U.S. autonomous vehicle market expected to reach $186.4 billion by 2030, up from $4 billion in 2021
As a global leader in technology, American ingenuity and innovation have historic changed the way people move and connect, and under this Administration, America will continue to demonstrate leadership in emerging technologies, including self-driving cars.
Autonomous vehicles are also known as self-driving cars or driverless cars that read and sense the environment and operate with minimal or no human input. Self-driving cars are a major revolution in connectivity and automation in the United States. They combine the internet, computers, smartphones, and advanced technology with the vehicle to assist and automate driving operations.
In any case, favorable government initiatives and financial support are some of the key factors contributing to the growth of the autonomous vehicle industry in the U.S. A wide range of products and systems contribute to the autonomous vehicle infrastructure in the U.S.
Self-driving cars provide independent transportation for people who cannot drive or who have disabilities, and advances in technology mean these vehicles are equipped with a wide range of technology and comfort systems, allowing Americans to relax, read or work while on the road.
US autonomous vehicle industry to reach $4 billion in 2021
The U.S. autonomous vehicle industry is likely to see autonomous vehicles go mainstream as demand for ease of driving and growing concerns about security and safety drive the need for high-end technology, increasing the demand for semi-autonomous and autonomous vehicles.
Looking at levels of automation, the US autonomous vehicle market is dominated by Level 3 and Level 4. The independent vehicle driving system in a Level 3 autonomous vehicle mimics a human driver and handles all dynamic driving tasks. Active driving tasks include braking, accelerating, monitoring the vehicle, steering, and responding to events that occur on the road.
Self-driving cars are already being tested and used in other US states such as Texas, Arizona, Washington, Michigan, and California. However, their movement is limited to certain testing areas and driving conditions. Audi is the first company to design a Level 3 self-driving car. In 2020, Audi launched the Audi A8 to the self-driving market.
The U.S. autonomous vehicle market size is expected to grow at a CAGR of 53.24% from 2021 to 2030
The US autonomous vehicle market is consolidated by major players such as Apple, Google, Mercedes-Benz, etc. To remain competitive, market players are contributing significantly to the market growth through various strategies such as new product launches, mergers & acquisitions, government partnerships, technological advancements, etc.
Moreover, increasing support from governments and private sectors to promote autonomous vehicle technology in several countries is expected to boost these companies during the forecast period.
Key topics:
1.First of all
2. Research Method
3. Overview
4. Market Trends
4.1 Drivers of growth
4.2 Challenges
5. U.S. autonomous vehicle market
5.1 Semi-automated driving
5.2 Self-driving cars
5.2.1 Level 4: Highly automated
5.2.2 Level 5: Fully automated
6. Numbers – Autonomous Vehicle Market
6.1 Semi-automated driving
6.2 Self-driving cars
6.2.1 Level 4: Highly automated
6.2.2 Level 5: Fully automated
7. Market Share
7.1 Hardware and Software – Self-Driving Cars
7.2 Driving Levels (L3, L4, L5)
7.3 By Technology – Hardware Components
7.4 By Technology – Software Components
8. Technology
8.1 Hardware Components
8.2 Software Components
9. Market Analysis – Hardware Components
9.1 Rider
9.2 Radar
9.3 Camera
9.4 Actuators
9.5 Built-in modems
9.6 Embedded Control Hardware
9.7 Passive Components
9.8 Other Electronics and Architecture
9.9 Odometer Sensor
9.10 Ultrasonic Sensor
9.11 V2X Hardware
9.12 Hardware Mapping
9.13 HMI Hardware
10. Market Analysis – Software Components
10.1 V2X Software
10.2 Embedded Control Software
10.3 Mapping Software
10.4 Data Security Software
10.5 HMI Software
11. Company Analysis
11.1 Google
11.1.1 Overview
11.1.2 Recent Developments
11.2 Apple
11.3 Mercedes-Benz
For more information on this report, please visit: https://www.researchandmarkets.com/r/4a5p0j
The U.S. autonomous vehicle market