Air Sea Logistics & Automotive Transportation News

At 35.35% CAGR autonomous vehicle market projected to reach 126,774 units by 2030 available in new report

Autonomous vehicle market for luxury segment is projected to be 27,906 units in 2025 and is projected to grow to 126,774 units by 2030, at a CAGR of 35.35%.

- Advertising -

Europe an autonomous vehicle market for luxury segment is projected to grow at the highest CAGR during the forecast period.  Europe is a hub for automotive giants and premium vehicles.

The demand for luxury vehicles is high in countries such as Germany, Italy, UK, Spain, and France. Also, Germany is home to several luxury OEMs such as BMW Group, Audi AG, and Daimler AG, which in turn encourages the market growth of autonomous vehicles market for luxury segment.

- Advertising -

Inquire For Complete Report Copy of Autonomous Vehicle Market for Luxury Segment 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…ing?rname=1227683

Changing consumer attitude about vehicle ownership and increasing penetration of shared mobility are expected to fuel the demand for the autonomous luxury vehicle car sharing market. Car sharing services offer convenience and cost savings for consumers.

Also, car sharing services reduce operating costs such as maintenance, tires, and gas. The preference for luxury vehicles and growing market for vehicle car sharing will fuel the luxury autonomous vehicle car sharing market. 

The radar sensor is projected to be the fastest growing component of the autonomous vehicle market for luxury segment. The major advantage of radar is that it can be used for long as well as short distance ranges.

At present, advanced driver assistance system (ADAS) technologies such as adaptive cruise control (ACC), lane departure warning (LDW), blind spot detection (BSD), and park assist use the radar sensor technology. Factors such as the increase in demand for high-end cars, regulations for improved safety, changing buyer preferences, and increasing roadways infrastructure will contribute to the growth of radar sensors market for autonomous luxury vehicle.

Target Audience Include Autonomous Vehicle Market Report:

  • Automobile manufacturers
  • Distributors and suppliers of automotive safety systems
  • Industry associations and automotive experts
  • LiDAR and Radar manufacturers
  • Automotive component manufacturers
  • Autonomous vehicle software providers
  • Cab service providers
  • Tier 1, Tier 2, and Tier 3 suppliers

Get “Autonomous Vehicle Market” spread across 174 pages, profiling 25 companies and supported with 65 tables and 66 figures is now available at…unt?rname=1227683

Top 25 Companies Analyzed for Autonomous Vehicle Market are – Original Equipment Manufacturers, Daimler, Audi, BMW, Nio, Porsche, Tesla, Faraday & Future, BYD, Changan Automobile, Saic Motor Corporation, Baidu, Baic Motor, Waymo, Robert Bosch, Continental, DENSO, Delphi Automotive, Infineon Technologies, NXP Semiconductors, Valeo, Texas Instruments, ZF Friedrichshafen, Magna International, Cisco Systems, Renesas Electronics.

Fundamental Key Point from Table of Content:

Technology Overview
Artificial Intelligence
Smart Seats
Mobile Payment Systems

Autonomous Vehicle Market for Luxury Segment, By Body Type
Suv (Sport Utility Vehicle)

Autonomous Vehicle Market for Luxury Segment, By Fuel Type
Battery Electric Vehicle (BEV)
Hybrid Vehicle (HEV & PHEV)
Internal Combustion Engine (ICE)
Fuel Cell Electric Vehicle (FCEV)

Access this Report at…ase?rname=1227683

Luxury Autonomous Vehicle Market, By Component
Biometric Sensors
Camera Unit
LiDAR Sensors
Radar Sensors
Ultrasonic Sensors

News From

RnR Market Research - Market Research and Competitive Analysis ReportsRnR Market Research
Category: Market Research Publishers and RetailersCompany about: is an online database of market research reports offers in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.
This email address is being protected from spambots. You need JavaScript enabled to view it.