Autonomous Luxury Vehicle Market by Daimler (Germany), BMW (Germany), Tesla (US), and Audi (Germany).


Posted May 3, 2019 by rechaldey

The autonomous luxury vehicle market, in terms of volume, is projected to grow at a CAGR of 35.35% from 2025 to 2030. The market is projected to be 27,906 Units by 2025 and is projected to reach 126,774 Units by 2030.

 
According to the market research report Autonomous Luxury Vehicle Market by Body Type (Sedan/Hatchback & SUV), End User (Personal Mobility & Car Sharing), Fuel Type (BEV, Hybrid, ICE, & FCEV), Component (Radar, LiDAR, & Biometric Sensors) and Region - Global Forecast to 2030. The autonomous luxury vehicle market analyzes and forecasts the market size, in terms of volume, for the autonomous luxury vehicle market. The report segments the autonomous luxury vehicle market and forecasts its size, by volume, on the basis of region, fuel type, body type, and end-user. The market size, in terms of value, is projected for the component segments only.

The autonomous luxury vehicle market, in terms of volume, is projected to grow at a CAGR of 35.35% from 2025 to 2030. The market is projected to be 27,906 Units by 2025 and is projected to reach 126,774 Units by 2030.

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Sedan/Hatchback segment to hold the largest share of the autonomous luxury vehicle market, by body type
The increasing demand for luxury vehicles and ongoing testing of autonomous vehicles using sedan/hatchback cars will contribute to the growth of the autonomous vehicle market for luxury sedan/hatchback segment. Also, car sharing is expected to have a bigger market than personal mobility. The sedan or hatchback cars would be preferred for car sharing as they have a higher fuel efficiency than SUVs. Also, hatchback cars are relatively cheaper than other cars and have therefore witnessed the maximum demand in developing countries.

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Battery Electric Vehicle (BEV) – To acquire the largest market share in fuel type
BEV is estimated to hold the largest share of the autonomous luxury vehicle market, by fuel type. Stringent emission norms, environment safety, vehicle electrification, and government regulations are expected to boost the market for BEV autonomous luxury vehicles. The market for BEV autonomous luxury vehicle would also get a substantial boost with the development of a dependent and innovative battery technology.

Browse and in-depth TOC on Autonomous Luxury Vehicle Market
65 - Tables
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North America: The largest market for the autonomous luxury vehicle market
North America is estimated to account for the largest share, in terms of volume, of the autonomous luxury vehicle market. The region comprises developed economies including the US and Canada. Developed economies have seen an increase in vehicle production volumes over the years, with OEMs catering not only to the domestic demand but overseas demand as well. Sustainable government regulations, demand for luxury vehicles, rising purchasing power, and concerns about increasing number of road accidents are the key factors that will drive the autonomous luxury vehicle market in the region.

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Autonomous Luxury Vehicle Market Key Players


The ecosystem of the autonomous luxury vehicle market consists of OEMs such as Daimler (Germany), BMW (Germany), Tesla (US), and Audi (Germany). The report also discusses tier I suppliers such as Robert Bosch (Germany), Continental (Germany), Denso (Japan), and Delphi (UK).
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Last Updated May 3, 2019