United States Autonomous Car Market Introduction and Overview
According to SPER Market Research, United States Autonomous Car Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of United States Autonomous Car Market, including market size and trends, Product mix, applications, and supplier analysis. An autonomous vehicle (AV), regularly alluded to as a self-driving or driverless vehicle, is a sort of vehicle that is equipped for exploring and working without human mediation. These vehicles utilize a blend of trend-setting innovations and sensors to recognize their current circumstance, and decide, and control their development. Nonstop headways in sensor advancements, Artificial Intelligence, and Machine Learning are driving upgrades in the abilities of these kinds of vehicles. These advancements play a pivotal job in upgrading the discernment, direction, and by and large well-being of independent frameworks. Consistent progressions in computerized reasoning, AI, sensor advances, and networks assume an essential part in improving the capacities of AVs. Upgrades in discernment, navigation, and generally speaking framework unwavering quality add to the development of the market. The expulsion of people from driving significantly diminishes mishaps, which helps both vehicle-related injury and mortality. It likewise diminishes medical services spending and gives the income opportunity to property and casual insurance.
- May 2024: Volvo Autonomous Solutions exhibited an independent truck at the ACT Expo in Las Vegas. The truck highlighted independent driving innovation from Aurora Advancement, including high-goal cameras, imaging radar, licensed lidar fit for distinguishing objects up to 400 meters away, artificial intelligence calculations, double PCs, and extra sensors.
- February 2024: Oxa, an organization gaining practical experience in autonomous vehicles, presented a business self-driving transport in Florida. The Oxa driver programming will uphold the driverless assistance in the US, which is worked by American transport supplier Signal as a team with the Jacksonville Transport Authority and Florida State School at Jacksonville.
Market Opportunities and Challenges
Opportunities- Growth in Mobility-as-a-Service could offer extraordinary opportunities in the US Autonomous Car market. With Mobility-as-a-Service (MaaS), people can buy admittance to various methods of transport using an application on their cell phones. Clients will have the opportunity to browse an assortment of independent vehicle choices for their transportation needs, whether it's utilizing self-driving taxicabs, transports, or leasing a vehicle, all through a solitary stage. This will assist with diminishing reliance on private vehicles and advance shared and practical transportation arrangements. MaaS is supposed to upset individual transportation by moving the concentration from vehicle proprietorship to versatility utilization. This change will urge more individuals to involve independent vehicles as their favored method of transport. It will make transportation more reasonable, open, and efficient compared to keeping an individual vehicle.
Challenges- One key challenge in the United States autonomous vehicle market is the absence of clear and predictable administrative structures. The shortfall of normalized guidelines across areas creates vulnerabilities and impediments to the far and wide organization of AVs. Administrative difficulties, including legitimate liabilities, well-being norms, and consistency necessities, present huge obstacles and can dial back the advancement of self-driving vehicle reception. Despite fast headways, self-driving vehicles face mechanical difficulties. Unfavourable atmospheric conditions, complex metropolitan conditions, and novel and capricious circumstances present troubles for current independent frameworks. Accomplishing full independence in all driving situations remains a critical obstacle. Likewise, it is viewed that computerized security features are not secure, which could prompt a noxious assault on programming and innovation. This multitude of elements would hamper the market.
Market Competitive Landscape
United States Autonomous Car Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Alphabet Inc, Amazon.com, Inc, Apple Inc, Aptiv, Baidu, Inc, Bayerische Motoren Werke AG (BMW), Didi Chuxing Technology Co, Ford Motor Company.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Propulsion Type, By Level, By Vehicle Type |
| Regions covered | Eastern America, Western America, Northern America, Southern America |
| Companies Covered | Alphabet Inc, Amazon.com Inc, Apple Inc, Aptiv, Baidu Inc, Bayerische Motoren Werke AG (BMW), Didi Chuxing Technology Co, Ford Motor Company |
COVID-19 Impact on United States Autonomous Car Market
The COVID-19 Pandemic-prompted semiconductor chip lack influenced unevenly across different ventures. Independent vehicles depend on various electronic frameworks and advancements, like robotized driving frameworks, control units, battery the executive's frameworks, sensors, LiDAR, etc. This multitude of frameworks is fundamental and required for independent vehicles' proficient and safe working. Thus, breaks in the accessibility of semiconductor chips likewise impacted the send-off of independent vehicles, further hampering the market development.
Key Target Audience
- Tech Enthusiasts
- Urban Dwellers
- Commuters
- Aging Population
- Families
- Ride-sharing Services
- Businesses
Our in-depth analysis of the United States Autonomous Car Market includes the following segments:
| By Propulsion Type: | Semi-AutonomousFully Autonomous |
| By Level: | Level 1Level 2Level 3Level 4Level 5 |
| By Vehicle Type: | Passenger CarCommercial Car |
Key Topics Covered in the Report
- United States Autonomous Car Market Size (FY’2024-FY’2033)
- Overview of United States Autonomous Car Market
- Segmentation of United States Autonomous Car Market By Propulsion Type (Semi-Autonomous and Fully Autonomous)
- Segmentation of United States Autonomous Car Market By Level (Level 1, Level 2, Level 3, Level 4 and Level 5)
- Segmentation of United States Autonomous Car Market By Vehicle Type (Passenger Car and Commercial Car)
- Statistical Snap of United States Autonomous Car Market
- Expansion Analysis of United States Autonomous Car Market
- Problems and Obstacles in United States Autonomous Car Market
- Competitive Landscape in United States Autonomous Car Market
- Impact of COVID-19 and Demonetization on United States Autonomous Car Market
- Details on Current Investment in United States Autonomous Car Market
- Competitive Analysis of United States Autonomous Car Market
- Prominent Players in United States Autonomous Car Market
- SWOT Analysis of United States Autonomous Car Market
- United States Autonomous Car Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Autonomous Car Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Autonomous Car Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Autonomous Car Market
7. United States Autonomous Car Market, By Propulsion Type (USD Million) 2020-2033
7.1. United States Autonomous Car Market Size, Share and Forecast, By Propulsion Type, 2020-2026
7.2. United States Autonomous Car Market Size, Share and Forecast, By Propulsion Type, 2027-2033
7.3. Semi-Autonomous
7.4. Fully Autonomous
8. United States Autonomous Car Market, By Level (USD Million) 2020-2033
8.1. United States Autonomous Car Market Size, Share and Forecast, By Level, 2020-2026
8.2. United States Autonomous Car Market Size, Share and Forecast, By Level, 2027-2033
8.3. Level 1
8.4. Level 2
8.5. Level 3
8.6. Level 4
8.7. Level 5
9. United States Autonomous Car Market, By Vehicle Type (USD Million) 2020-2033
9.1. United States Autonomous Car Market Size, Share and Forecast, By Vehicle Type, 2020-2026
9.2. United States Autonomous Car Market Size, Share and Forecast, By Vehicle Type, 2027-2033
9.3. Passenger Car
9.4. Commercial Car
10. United States Autonomous Car Market Forecast, 2020-2033 (USD Million)
10.1. United States Autonomous Car Market Size and Market Share
11. United States Autonomous Car Market, By Region, 2020-2033 (USD Million)
11.1. United States Autonomous Car Market Size and Market Share By Region (2020-2026)
11.2. United States Autonomous Car Market Size and Market Share By Region (2027-2033)
11.3. Eastern America
11.4. Western America
11.5. Northern America
11.6. Southern America
12. Company Profile
12.1.1. Alphabet Inc
12.1.2. Company details
12.1.3. Financial outlook
12.1.4. Product summary
12.1.5. Recent developments
12.2. Amazon.com, Inc
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Apple Inc
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Aptiv
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Baidu, Inc
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Bayerische Motoren Werke AG (BMW)
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Didi Chuxing Technology Co
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Ford Motor Company
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links