United States Autonomous Cars Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

United States Autonomous Cars Market is Segmented By Vehicle Type (Passenger Cars, Commercial Vehicles, Special Purpose Vehicles), By Level of Autonomy (Level 1, Level 2, Level 3, Level 4, Level 5), By Application (Transportation and Logistics, Military and Defense, Agriculture, Manufacturing, Healthcare, Others), By Component (Hardware (LiDAR, Radar, Cameras, Ultrasonic Sensors, Others), Software). The report offers the value (in USD billion) for the above-mentioned segments.

United States Autonomous Cars Market Size

Market Size in USD

CAGR20.5%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR20.5%
Market ConcentrationHigh
Major PlayersTesla Inc., General Motors, Ford, Waymo, Aurora
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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United States Autonomous Cars Market Analysis

The United States Autonomous Cars Market is estimated to be valued at USD 14.79 Bn in 2024 and is expected to reach USD 37.56 Bn by 2031, growing at a CAGR of 20.5% from 2024 to 2031.

The autonomous cars market in the United States is expected to witness significant growth driven by various trends. Research shows that millennials are more willing to use self-driving vehicles as they are more comfortable with new technologies.