AUTONOMOUS VEHICLE MARKET ANALYSIS

Regional Analysis

Global Autonomous Vehicle Market: Regional Insights

North America is projected to show significant growth in the global autonomous vehicle market over the forecast period. This growth can be attributed to increasing growth of the mobility as a service sector. Moreover, the region is likely to show strong growth due to amendments in traffic regulations in the U.S. for incorporating autonomous cars on public roads. The adoption of these regulations is increasing all over the country, which will lead to complete autonomous transportation in the country. Such factors are thus expected to fuel growth of the market across the region.

Asia Pacific is also anticipated to exhibit substantial growth in the global autonomous vehicle market during the forecast period, owing to rise in demand for an efficient, convenient, and safe driving experience, stringent safety regulations, and increasing disposable incomes in developing countries across the region. Moreover, the rise in partnerships adopted by market players providing self-driving/autonomous car technology in the region is also driving growth of the market in Asia Pacific.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America 
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa