Dublin, Nov. 15, 2024 (GLOBE NEWSWIRE) — The “Semi-Autonomous Vehicle Market Size, Share & Trends Analysis Report by Level of Automation (Level 1, Level 2, Level 3), Vehicle Type (Passenger, Commercial), Region, and Segment Forecasts, 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The global semi-autonomous vehicle market is expected to reach USD 172.2 billion by 2030, expanding at a CAGR of 18.8% from 2025 to 2030.
Asia-Pacific is anticipated to advance at the fastest CAGR from 2025 to 2030, followed by the Middle East and Africa and South America. The high growth rate can be attributed to a strong AI hub in China, Japan, Singapore, and India, enabling automotive players to gain easy access to automotive-specific AI programs and services. The rising economy of Middle Eastern countries also offers promising growth opportunities to the MEA region. This can be accredited to the rising disposable income of people in the region, increasing interest of people to leverage semi-autonomous vehicles for commercial and personal uses, and favorable government regulations which help in regulating market growth.
Semi-Autonomous Vehicle Market Report Highlights
- The level 3 automation segment is expected to emerge as the fastest-growing segment over the forecast period. Level 3 automation offers technological advancement with environmental detection capabilities, capable of making informed decisions such as overtake slow-moving vehicles, traffic maneuverability, and smart obstacle detection
- The commercial vehicle segment is expected to register the highest CAGR over the forecast period. The deployment of semi-autonomous driving solution in commercial vehicles ensures safe movement of products and goods, thus allowing the driver to maintain good health and posture
- North America semi-autonomous vehicle market accounted for a leading revenue share of 32.9% in the global market in 2024
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
- Competitive Landscape: Explore the market presence of key players worldwide
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
The leading players in the Semi-Autonomous Vehicle market include:
- Audi AG
- BMW AG
- Continental AG
- Mercedes-Benz Group AG
- Ford Motor Company
- General Motors
- Honda Motor Co. Ltd.
- Nissan Motor Co. Ltd.
- TOYOTA MOTOR CORPORATION
- AB Volvo
- Valeo SA
- Volkswagen Group
Key Attributes
Report Attribute | Details |
No. of Pages | 80 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $58.17 Billion |
Forecasted Market Value (USD) by 2030 | $172.2 Billion |
Compound Annual Growth Rate | 18.8% |
Regions Covered | Global |
Key Topics Covered
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. Country Based Segment Share Calculation
1.8. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Semi-Autonomous Vehicle Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.3. Semi-Autonomous Vehicle Market Analysis Tools
Chapter 4. Semi-Autonomous Vehicle Market: Automation Level Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Semi-Autonomous Vehicle Market: Automation Level Movement Analysis, USD Million, 2024 & 2030
4.3. Level 1
4.4. Level 2
4.5. Level 3
Chapter 5. Semi-Autonomous Vehicle Market: Vehicle Type Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Semi-Autonomous Vehicle Market: Vehicle Type Movement Analysis, USD Million, 2024 & 2030
5.3. Passenger Vehicle
5.4. Commercial Vehicle
Chapter 6. Semi-Autonomous Vehicle Market: Regional Estimates & Trend Analysis
6.1. Semi-Autonomous Vehicle Market Share, by Region, 2024 & 2030, USD Million
6.2. North America
6.3. Europe
6.4. Asia-Pacific
6.5. Latin America
6.6. Middle East and Africa
Chapter 7. Competitive Landscape
7.1. Company Categorization
7.2. Company Market Positioning
7.3. Company Heat Map Analysis
7.4. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/u647ra
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- Semi-Autonomous Vehicle Market