The North America autonomous/self-driving cars market refers to the worldwide industry encompassing the development, manufacturing, and deployment of autonomous vehicles capable of navigating and operating on roads without human intervention. This market comprises a wide range of stakeholders, including automotive manufacturers, technology companies, regulatory bodies, and consumers. The key defining feature of this market is the integration of advanced technologies such as Artificial Intelligence, sensor systems, and connectivity solutions to enable vehicles to perceive their surroundings, make real-time decisions, and navigate safely and efficiently. The market is driven by the increasing demand for safer and more convenient transportation options, reduced traffic accidents, and the potential for enhanced mobility services.
This dynamic market is characterized by ongoing research and development efforts to improve the safety, reliability, and scalability of autonomous vehicle technologies. It also involves the continuous evolution of regulatory frameworks to ensure the safe deployment of autonomous vehicles on public roads. In addition, the market is influenced by consumer acceptance, infrastructure development, and partnerships between automakers and technology companies. As autonomous vehicles continue to advance and gain wider acceptance, the North America Autonomous/Self-Driving Cars Market is poised for significant growth and transformation in the coming years.
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Data Bridge Market Research analyzes that the North America Autonomous/Self-Driving Cars Market is expected to reach a value of USD 178,171.68 million by 2030, from USD 29,548.86 million in 2022, growing at a CAGR of 26.3% during the forecast period. The rapid rise of Mobility-as-a-Service (MaaS) platforms is presenting a significant opportunity for the North America autonomous self-driving cars market.
Key Findings of the Study
Advancements in Technology for Autonomous/Self-Driving Cars
Advancements in autonomous/self-driving cars technologies play a pivotal role in driving the growth of the market. These technological innovations continuously enhance the efficiency, safety, and reliability of transporting, propelling the North America autonomous/self-driving cars market forward. One key factor is the evolution of Sensor technology.
Technological advancement has been the driving force behind the growth of the autonomous self-driving cars market. As technology continues to progress, autonomous vehicles will likely play an increasingly significant role in reshaping the future of transportation, promising benefits such as reduced accidents, improved traffic management, and enhanced mobility for all.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 – 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Thousand Unit
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Segments Covered
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Level of Autonomy (Semi-Autonomous Cars and Autonomous Cars), Technology (Sensor, Telematics, Computing Platform, and Others), Mobility Type (Personal Mobility and Shared Mobility), Type (SUV, Hatchbacks, Sedan, and Others), System Type (Lane Assist, Automatic Emergency Braking (AEB), Smart Park Assist, Crash Warning System (CWS), Adaptive Cruise Control (ACC), Cross Traffic Alert (CTA), Blind Spot Detection (BSD), Forward Collision Warning (FCW), Tire Pressure Monitoring System (TPMS), Night Vision System (NVS), Driver Monitoring System (DMS), Pedestrian Detection System (PDS), and Others), Electric Vehicle Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicles (HEV), Plug-In Hybrid Electric Vehicles (PHEV), and Fuel Cell Electric Vehicles (FCEV))
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Regions Covered
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U.S., Canada, and Mexico
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Market Players Covered
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Waymo LLC (A Subsidiary of Alphabet Inc) (U.S.), Nuro, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), NVIDIA Corporation (U.S.), Mobileye (Israel), Latitude AI LLC (A Subsidiary of Ford Motor) (U.S.), Aurora Innovation Inc.(U.S.), RENESAS ELECTRONICS CORPORATION (Japan), Mercedes-Benz AG (Germany), Infineon Technologies AG (Germany), Continental AG (Germany), Volkswagen (Germany), Tesla (U.S.), Valeo (France), Robert Bosch LLC (Germany), Aptiv. (Ireland), Hitachi Astemo, Ltd (Japan), HELLA GmbH & Co. KGaA (Germany), Magna International Inc. (Canada), ZF Friedrichshafen AG (Germany), and TEXAS INSTRUMENTS INCORPORATED (U.S.) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis
The North America autonomous/self-driving cars market is segmented into six notable segments which are on the basis of level of autonomy, technology, mobility type, type, system type, and electric vehicle type.
- On the basis of the level of autonomy, the market is segmented into semi-autonomous cars and autonomous cars
In 2023, the semi-autonomous cars segment is expected to dominate the North America autonomous/self-driving cars market
In 2023, the semi-autonomous cars segment is expected to dominate the market with an 84.35% market share, due to its gradual integration into existing vehicles, providing a smoother transition for consumers. This approach combines advanced driver assistance systems with human control, making it more widely accepted and affordable.
- On the basis of technology, the market is segmented into sensors, telematics, computing platform and others
In 2023, the sensors segment is expected to dominate North America autonomous/self-driving cars the market
In 2023, the sensors segment is expected to dominate the market with a 44.23% market share, due to its crucial role in providing high-resolution 3D mapping and obstacle detection capabilities.
- On the basis of mobility type, the market is segmented into personal mobility and shared mobility. In 2023, the personal mobility segment is expected to dominate the market with the market share of 61.22%
- On the basis of type, the market is segmented into sedan, SUV, hatchbacks and others. In 2023, the sedan segment is expected to dominate the market with the market share 43.96%
- On the basis of system type, the market is segmented into Automatic Emergency Braking (AEB), Adaptive Cruise Control (ACC), Driver Monitoring System (DMS), Forward Collision Warning (FCW), Blind Spot Detection (BSD), smart park assist, lane assist, Crash Warning System (CWS), Tire Pressure Monitoring System (TPMS), Night Vision System (NVS), Pedastrian Detection System (PDS), Cross Traffic Alert (CTA) and others. In 2023, the Automatic Emergency Braking (AEB) segment is expected to dominate the market with the market share of 16.85%
- On the basis of electric vehicle type, the market has been segmented into Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), and Fuel Cell Electric Vehicle (FCEV). In 2023, the battery electric vehicle (BEV) segment is expected to dominate the market with the market share of 45.78%
Major Players
Data Bridge Market Research analyzes Tesla (U.S.), ZF Friedrichshafen AG (Germany), Aptiv. (Ireland), Continental AG (Germany), Magna International Inc. (Canada) as the major market players in the North America autonomous/self-driving cars market.
Market Development
- In July 2023, Waymo LLC prioritized the development of the versatile Waymo Driver, an autonomous system for diverse vehicles and applications. Their strategic focus now centers on ride-hailing due to its strong commercial potential, reflected in notable progress and rider interest in San Francisco, Phoenix, and Los Angeles. Rapid AI/ML advancements are driving their tech iteration, solidifying their commitment to revolutionizing autonomous transportation
- In September 2022, Waymo LLC partnered with Swiss Re to develop innovative risk assessment methods for the insurance sector in the face of autonomous driving advancements. Shifting from human-centric risk factors to vehicle-oriented ones, and acknowledging the limitations of retrospective analyses, this collaboration paves the way for novel insurance models that support the safe integration of autonomous vehicles. The partnership holds the potential to enhance safety evaluation approaches and offer the public a fresh perspective on assessing AV technology
- In January 2022, Nuro, Inc. introduced its third-generation autonomous delivery vehicle, "Nuro," designed to enhance cargo capacity and expand eco-friendly services across the U.S. This advanced model emphasizes sustainability with increased cargo volume, customizable storage, and temperature-controlled compartments
- In December 2021, Waymo LLC expanded its Waymo One fleet through collaboration with Geely, a leading North America automaker, integrating their autonomous technology into Geely's electric Zeekr vehicle. The partnership reflects Waymo's commitment to sustainable transportation, as it introduces rider-centric, all-electric autonomous vehicles designed for maximum comfort and convenience. This step marks progress towards an electrified and driverless future for Waymo One
- In September 2020, Huawei Technologies Co., Ltd. launched its Autonomous Driving Network (ADN) solution at HUAWEI CONNECT 2020, introducing intelligence across network layers and driving enterprises into the autonomous era. Huawei's ADN solution fosters adaptive, expansive, and qualitatively transformed enterprise networks. This helped the company to cater to more customers in North America
Regional Analysis
Geographically, the countries covered in the North America autonomous/self-driving cars market report are U.S., Canada, and Mexico.
As per Data Bridge Market Research analysis:
U.S. is the dominant and the fastest growing country in the autonomous/self-driving cars market
The U.S. is expected to dominate the market due to increasing customer inclinations toward autonomous cars. The region has technological advancements that caters to more customers which creates a high demand for autonomous/self-driving cars solutions in various applications.
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