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United States Autonomous Vehicles Market, Size, Forecast 2021-2030, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis

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    Report

  • 85 Pages
  • April 2022
  • Region: United States
  • Renub Research
  • ID: 5576804
United States Autonomous Vehicles Market will reach US$ 186.40 Billion by 2030. As the global leader in technology, American ingenuity and innovation have historically transformed how they travel and connect. Under this Administration, America's continued leadership in emerging technologies, including Autonomous Vehicles. The autonomous car is also known as a self-driving car or driverless car that can read and sense the environment and use minimal or no human information. Self-driving cars have become the primary revolution in connectivity technology and automation in the United States. The internet, computers, smartphones, and advanced technologies merge with vehicles to assist and automate driving operations.



Regardless, favorable government initiatives and financial support are some of the significant factors attributing to the growth of the United States autonomous vehicle industry. A wide range of products and systems contribute to the United States' infrastructure of autonomous vehicles. Autonomous vehicles provide self-mobility for non-drivers and people with disabilities. Due to the rising technical advancements, these vehicles are equipped with a broad range of technologies and comfort systems, permitting Americans to relax, read, and work while traveling.

United States Autonomous Vehicles Industry was US$ 4.00 Billion in 2021:


US autonomous car industry is likely to be dominated by the autonomous vehicle, as the demand for ease in driving and the growing concern for security and safety lead to the need for high-end technology, resulting in the increased demand for semi-autonomous and autonomous vehicles.

By the level of automation, the US autonomous car market is considerable by Level 3 and Level 4. The independent vehicle driving system in Level 3 automation vehicles serves all the dynamic driving tasks, expecting the human driver. The active driving task includes braking, accelerating, monitoring the car, steering, and responding to events happening on the road.

Self-driving cars have already been tested and utilized in Texas, Arizona, Washington, Michigan, California, and other states of the United States. Nonetheless, their mobility is restricted to specific test areas and driving conditions. Audi is the first company to design a Level 3 autonomous car. In 2020, the Audi Company launched the Audi A8 on the autonomous market.

As per the Report, United States Autonomous Vehicles Market Size will expand at a CAGR of 53.24% from 2021-2030:


Based on technology, United States autonomous vehicles are Market by hardware and software components. Hardware components include Mapping Hardware, V2X Hardware, Safety-Related HMI Hardware, Control Systems, Computing Hardware, Connectivity Hardware, HMI Hardware, Actuators, Sensing & Local Mapping Hardware. Again the report has categorized the market based on software components like V2X Software Market, Mapping Software Market, Data Security Software Market, Embedded Controls Software Market, and HMI Software Market.

Key Market Players:


US autonomous car market is consolidated by key players, such as Apple, Google, and Mercedes-Benz. To remain competitive, market players contribute significantly to market growth through various strategies such as new product launches, mergers and acquisitions, government partnerships, and technological advancements. Furthermore, the companies are expected to grow during the forecast period, owing to increased support from governments and the private sector to promote autonomous driving vehicle technology in several countries.

The report titled 'United States Autonomous Vehicles Market Global Forecast by Driverless Car Levels (L3, L4, L5), Hardware (Radar, LIDAR, Actuators, Cameras, Embedded Modem, Passive Components, Embedded Controls Hardware, Other Electronics & Architecture, Ultrasonic Sensors, Odometry Sensors, Mapping Hardware, V2X Hardware, HMI Hardware), Software (V2X Software, Mapping Software, Embedded Controls Software, HMI Software, Data Security Software),Companies (Apple, Google, Mercedes-Benz)' provides a detailed and comprehensive insight of the United States Autonomous Vehicles Industry.

The Market has been studied from 4 Categories in this Report:


1. Market
2. Volume
3. Regions
4. Technology

Numbers - Global Self Driving Car


1. Semi-Autonomous Driving
  • (Level 3 Cars)

2. Self-Driving Car
  • Level 4: High Automation
  • Level 5: Full Automation

Technology - Driverless Cars Technology Market has been divided into two Broad Categories:


1. Hardware Components
2. Software Components

Hardware Components - Market breakup from 13 viewpoints:


1. LIDAR
2. Radar
3. Cameras
4. Actuators
5. Embedded Modem
6. Embedded Controls Hardware
7. Passive Components
8. Other Electronics & Architecture
9. Odometry Sensors
10. Ultrasonic Sensors
11. V2X Hardware
12. Mapping Hardware
13. HMI Hardware

Software Components - Market breakup from 5 viewpoints:


1. V2X Software
2. Embedded Controls Software
3. Mapping Software
4. Data Security Software
5. HMI Software

All companies have been covered from 2 viewpoints:


  • Overview
  • Recent Developments

Company Analysis:


1. Google
2. Apple
3. Mercedes-Benz
Frequently Asked Questions about the U.S. Autonomous Vehicles Market

What is the estimated value of the U.S. Autonomous Vehicles Market?

The U.S. Autonomous Vehicles Market was estimated to be valued at $4.0 Billion in 2021.

What is the growth rate of the U.S. Autonomous Vehicles Market?

The growth rate of the U.S. Autonomous Vehicles Market is 53.2%, with an estimated value of $186.4 Billion by 2030.

What is the forecasted size of the U.S. Autonomous Vehicles Market?

The U.S. Autonomous Vehicles Market is estimated to be worth $186.4 Billion by 2030.

Table of Contents

1. Introduction2. Research Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. United States Autonomous Vehicles Market
5.1 Semi-Autonomous Driving
5.2 Self-Driving Car
5.2.1 Level 4: High Automation
5.2.2 Level 5: Full Automation
6. Numbers - Autonomous Vehicles Market
6.1 Semi-Autonomous Driving
6.2 Self Driving Car
6.2.1 Level 4: High Automation
6.2.2 Level 5: Full Automation
7. Market Share
7.1 Hardware vs. Software - Autonomous Vehicles
7.2 By Level of Driving (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 LIDAR
9.2 Radar
9.3 Camera
9.4 Actuators
9.5 Embedded Modem
9.6 Embedded Controls Hardware
9.7 Passive Components
9.8 Other Electronics & Architecture
9.9 Odometry Sensors
9.10 Ultrasonic Sensors
9.11 V2X Hardware
9.12 Mapping Hardware
9.13 HMI Hardware
10. Market Analysis - Software Components
10.1 V2X Software
10.2 Embedded Controls 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
11.2.1 Overview
11.2.2 Recent Developments
11.3 Mercedes-Benz
11.3.1 Overview
11.3.2 Recent Developments
List of Figures:
Figure 01: United States - Semi-Autonomous Vehicles Market (Million US$), 2021 - 2030
Figure 02: United States - Fully Autonomous Vehicles Market (Million US$), 2021 - 2030
Figure 03: United States - Fully Autonomous Vehicles Market by Level 4 (Million US$), 2021 - 2030
Figure 04: United States - Fully Autonomous Vehicles Market by Level 5 (Million US$), 2021 - 2030
Figure 05: United States - Semi-Autonomous Vehicles Volume (Thousand), 2021 - 2030
Figure 06: United States - Fully Autonomous Vehicles Volume (Thousand), 2021 - 2030
Figure 07: United States - Fully Autonomous Vehicles Market by Level 4 (Thousand), 2021 - 2030
Figure 08: United States - Fully Autonomous Vehicles Market by Level 5 (Thousand), 2021 - 2030
Figure 09: United States - Autonomous Technology Market (Million US$), 2021 - 2030
Figure 10: Technology - Hardware Components Market (Million US$), 2021 - 2030
Figure 11: Technology - Software Components Market (Million US$), 2021 - 2030
Figure 12: Hardware Components - LIDAR Market (Million US$), 2021 - 2030
Figure 13: Hardware Components - Radar Market (Million US$), 2021 - 2030
Figure 14: Hardware Components - Camera Market (Million US$), 2021 - 2030
Figure 15: Hardware Components - Actuators Market (Million US$), 2021 - 2030
Figure 16: Hardware Components - Embedded Modem Market (Million US$), 2021 - 2030
Figure 17: Hardware Components - Embedded Controls Hardware Market (Million US$), 2021 - 2030
Figure 18: Hardware Components - Passive Components Market (Million US$), 2021 - 2030
Figure 19: Hardware Components - Other Electronics & Architecture Market (Million US$), 2021 - 2030
Figure 20: Hardware Components - Odometry Sensors Market (Million US$), 2021 - 2030
Figure 21: Hardware Components - Ultrasonic Sensors Market (Million US$), 2021 - 2030
Figure 22: Hardware Components - V2X Hardware Market (Million US$), 2021 - 2030
Figure 23: Hardware Components - Mapping Hardware Market (Million US$), 2021 - 2030
Figure 24: Hardware Components - HMI Hardware Market (Million US$), 2021 - 2030
Figure 25: Software Components - V2X Software Market (Million US$), 2021 - 2030
Figure 26: Software Components - Embedded Controls Software Market (Million US$), 2021 - 2030
Figure 27: Software Components - Mapping Software Market (Million US$), 2021 - 2030
Figure 28: Software Components - Data Security Software Market (Million US$), 2021 - 2030
Figure 29: Software Components - HMI Software Market (Million US$), 2021 - 2030
List of Tables:
Table 01: Autonomous Vehicles Market Share by Hardware vs. Software - Autonomous Vehicles (Percent), 2021 - 2030
Table 02: Autonomous Vehicles Market Share by Level of Driving (L3, L4 & L5) (Percent), 2021 - 2030
Table 03: Autonomous Vehicles Market Share by Technology - Hardware Components (Percent), 2021 - 2030
Table 04: Autonomous Vehicles Market Share by Technology - Software Components (Percent), 2021 - 2030

Companies Mentioned

  • Google
  • Apple
  • Mercedes–Benz

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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