L5 Automatic Vehicle Market, Global Outlook and Forecast 2024-2030
The global L5 Automatic Vehicle market is projected to reach US$ million by 2030.
Fully autonomous driving, regardless of whether or not it is in a specific execution scenario, the vehicle can reach the destination through autonomous driving without the owner's operation.
This report contains market size and forecasts of L5 Automatic Vehicle in Global, including the following market information:
- Global L5 Automatic Vehicle Market Size 2025-2030, ($ millions)
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the L5 Automatic Vehicle companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global L5 Automatic Vehicle Market, by Type, 2025-2030 ($ millions)
Global L5 Automatic Vehicle Market Segment Percentages, by Type
- Passenger Vehicle
- Commercial Vehicle
Global L5 Automatic Vehicle Market, by Application, 2025-2030 ($ millions)
Global L5 Automatic Vehicle Market Segment Percentages, by Application
Global L5 Automatic Vehicle Market, By Region and Country, 2025-2030 ($ Millions)
Global L5 Automatic Vehicle Market Segment Percentages, by region and country
- United States
- Europe
- Asia
- China
- Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
key players include:
- Waymo
- GM (Cruise)
- Tesla
- Baidu
