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Level 3 Autonomous Vehicle-Global Market Insights and Sales Trends 2025
Synopsis
An autonomous car (also known as a driverless car and a self-driving car)[1] is a vehicle that is capable of sensing its environment and navigating without human input. Autonomous cars combine a variety of techniques to perceive their surroundings, including radar, laser light, GPS, odometry, and computer vision. Advanced control systems interpret sensory information to identify appropriate navigation paths, as well as obstacles and relevant signage.
The global Level 3 Autonomous Vehicle market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Level 3 Autonomous Vehicle in various end use industries. The expanding demands from the Home Use and Commercial Use, are propelling Level 3 Autonomous Vehicle market. Light Commercial Vehicle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Heavy Commercial Vehicle segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Level 3 Autonomous Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Level 3 Autonomous Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Level 3 Autonomous Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Level 3 Autonomous Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Level 3 Autonomous Vehicle covered in this report include Bosch, Continental, Delphi, Mobileye, Velodyne, Apple, Baidu, Google and LeddarTech, etc.
The global Level 3 Autonomous Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Continental
Delphi
Mobileye
Velodyne
Apple
Baidu
Google
LeddarTech
Magna International
Nvidia
Quanergy Systems
Uber
Global Level 3 Autonomous Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Level 3 Autonomous Vehicle market, Segment by Type:
Light Commercial Vehicle
Heavy Commercial Vehicle
Passenger Vehicle
Global Level 3 Autonomous Vehicle market, by Application
Home Use
Commercial Use
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Level 3 Autonomous Vehicle companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
An autonomous car (also known as a driverless car and a self-driving car)[1] is a vehicle that is capable of sensing its environment and navigating without human input. Autonomous cars combine a variety of techniques to perceive their surroundings, including radar, laser light, GPS, odometry, and computer vision. Advanced control systems interpret sensory information to identify appropriate navigation paths, as well as obstacles and relevant signage.
The global Level 3 Autonomous Vehicle market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Level 3 Autonomous Vehicle in various end use industries. The expanding demands from the Home Use and Commercial Use, are propelling Level 3 Autonomous Vehicle market. Light Commercial Vehicle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Heavy Commercial Vehicle segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Level 3 Autonomous Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Level 3 Autonomous Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Level 3 Autonomous Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Level 3 Autonomous Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Level 3 Autonomous Vehicle covered in this report include Bosch, Continental, Delphi, Mobileye, Velodyne, Apple, Baidu, Google and LeddarTech, etc.
The global Level 3 Autonomous Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Continental
Delphi
Mobileye
Velodyne
Apple
Baidu
LeddarTech
Magna International
Nvidia
Quanergy Systems
Uber
Global Level 3 Autonomous Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Level 3 Autonomous Vehicle market, Segment by Type:
Light Commercial Vehicle
Heavy Commercial Vehicle
Passenger Vehicle
Global Level 3 Autonomous Vehicle market, by Application
Home Use
Commercial Use
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Level 3 Autonomous Vehicle companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Level 3 Autonomous Vehicle
1.1 Level 3 Autonomous Vehicle Market Overview
1.1.1 Level 3 Autonomous Vehicle Product Scope
1.1.2 Level 3 Autonomous Vehicle Market Status and Outlook
1.2 Global Level 3 Autonomous Vehicle Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Level 3 Autonomous Vehicle Market Size by Region (2018-2029)
1.4 Global Level 3 Autonomous Vehicle Historic Market Size by Region (2018-2023)
1.5 Global Level 3 Autonomous Vehicle Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Level 3 Autonomous Vehicle Market Size (2018-2029)
1.6.1 North America Level 3 Autonomous Vehicle Market Size (2018-2029)
1.6.2 Europe Level 3 Autonomous Vehicle Market Size (2018-2029)
1.6.3 Asia-Pacific Level 3 Autonomous Vehicle Market Size (2018-2029)
1.6.4 Latin America Level 3 Autonomous Vehicle Market Size (2018-2029)
1.6.5 Middle East & Africa Level 3 Autonomous Vehicle Market Size (2018-2029)
2 Level 3 Autonomous Vehicle Market by Type
2.1 Introduction
2.1.1 Light Commercial Vehicle
2.1.2 Heavy Commercial Vehicle
2.1.3 Passenger Vehicle
2.2 Global Level 3 Autonomous Vehicle Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Level 3 Autonomous Vehicle Historic Market Size by Type (2018-2023)
2.2.2 Global Level 3 Autonomous Vehicle Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Level 3 Autonomous Vehicle Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Level 3 Autonomous Vehicle Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Level 3 Autonomous Vehicle Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Level 3 Autonomous Vehicle Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Level 3 Autonomous Vehicle Revenue Breakdown by Type (2018-2029)
3 Level 3 Autonomous Vehicle Market Overview by Application
3.1 Introduction
3.1.1 Home Use
3.1.2 Commercial Use
3.2 Global Level 3 Autonomous Vehicle Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Level 3 Autonomous Vehicle Historic Market Size by Application (2018-2023)
3.2.2 Global Level 3 Autonomous Vehicle Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Level 3 Autonomous Vehicle Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Level 3 Autonomous Vehicle Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Level 3 Autonomous Vehicle Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Level 3 Autonomous Vehicle Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Level 3 Autonomous Vehicle Revenue Breakdown by Application (2018-2029)
4 Level 3 Autonomous Vehicle Competition Analysis by Players
4.1 Global Level 3 Autonomous Vehicle Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Level 3 Autonomous Vehicle as of 2022)
4.3 Date of Key Players Enter into Level 3 Autonomous Vehicle Market
4.4 Global Top Players Level 3 Autonomous Vehicle Headquarters and Area Served
4.5 Key Players Level 3 Autonomous Vehicle Product Solution and Service
4.6 Competitive Status
4.6.1 Level 3 Autonomous Vehicle Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Bosch
5.1.1 Bosch Profile
5.1.2 Bosch Main Business
5.1.3 Bosch Level 3 Autonomous Vehicle Products, Services and Solutions
5.1.4 Bosch Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.1.5 Bosch Recent Developments
5.2 Continental
5.2.1 Continental Profile
5.2.2 Continental Main Business
5.2.3 Continental Level 3 Autonomous Vehicle Products, Services and Solutions
5.2.4 Continental Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.2.5 Continental Recent Developments
5.3 Delphi
5.3.1 Delphi Profile
5.3.2 Delphi Main Business
5.3.3 Delphi Level 3 Autonomous Vehicle Products, Services and Solutions
5.3.4 Delphi Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.3.5 Mobileye Recent Developments
5.4 Mobileye
5.4.1 Mobileye Profile
5.4.2 Mobileye Main Business
5.4.3 Mobileye Level 3 Autonomous Vehicle Products, Services and Solutions
5.4.4 Mobileye Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.4.5 Mobileye Recent Developments
5.5 Velodyne
5.5.1 Velodyne Profile
5.5.2 Velodyne Main Business
5.5.3 Velodyne Level 3 Autonomous Vehicle Products, Services and Solutions
5.5.4 Velodyne Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.5.5 Velodyne Recent Developments
5.6 Apple
5.6.1 Apple Profile
5.6.2 Apple Main Business
5.6.3 Apple Level 3 Autonomous Vehicle Products, Services and Solutions
5.6.4 Apple Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.6.5 Apple Recent Developments
5.7 Baidu
5.7.1 Baidu Profile
5.7.2 Baidu Main Business
5.7.3 Baidu Level 3 Autonomous Vehicle Products, Services and Solutions
5.7.4 Baidu Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.7.5 Baidu Recent Developments
5.8 Google
5.8.1 Google Profile
5.8.2 Google Main Business
5.8.3 Google Level 3 Autonomous Vehicle Products, Services and Solutions
5.8.4 Google Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.8.5 Google Recent Developments
5.9 LeddarTech
5.9.1 LeddarTech Profile
5.9.2 LeddarTech Main Business
5.9.3 LeddarTech Level 3 Autonomous Vehicle Products, Services and Solutions
5.9.4 LeddarTech Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.9.5 LeddarTech Recent Developments
5.10 Magna International
5.10.1 Magna International Profile
5.10.2 Magna International Main Business
5.10.3 Magna International Level 3 Autonomous Vehicle Products, Services and Solutions
5.10.4 Magna International Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.10.5 Magna International Recent Developments
5.11 Nvidia
5.11.1 Nvidia Profile
5.11.2 Nvidia Main Business
5.11.3 Nvidia Level 3 Autonomous Vehicle Products, Services and Solutions
5.11.4 Nvidia Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.11.5 Nvidia Recent Developments
5.12 Quanergy Systems
5.12.1 Quanergy Systems Profile
5.12.2 Quanergy Systems Main Business
5.12.3 Quanergy Systems Level 3 Autonomous Vehicle Products, Services and Solutions
5.12.4 Quanergy Systems Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.12.5 Quanergy Systems Recent Developments
5.13 Uber
5.13.1 Uber Profile
5.13.2 Uber Main Business
5.13.3 Uber Level 3 Autonomous Vehicle Products, Services and Solutions
5.13.4 Uber Level 3 Autonomous Vehicle Revenue (US$ Million) & (2018-2023)
5.13.5 Uber Recent Developments
6 North America
6.1 North America Level 3 Autonomous Vehicle Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Level 3 Autonomous Vehicle Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Level 3 Autonomous Vehicle Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Level 3 Autonomous Vehicle Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Level 3 Autonomous Vehicle Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Level 3 Autonomous Vehicle Market Dynamics
11.1 Level 3 Autonomous Vehicle Industry Trends
11.2 Level 3 Autonomous Vehicle Market Drivers
11.3 Level 3 Autonomous Vehicle Market Challenges
11.4 Level 3 Autonomous Vehicle Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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