Autonomous vehicle market share | Market Insights and Forecast 2025

Q: What is driving the demand for autonomous vehicles?

Key drivers include the push for safer roads, reduced traffic congestion and the convenience of hands-free commuting.

Q: What are the biggest hurdles for autonomous vehicle adoption?

Major challenges include regulatory approval delays, high development costs and public trust in fully driverless technology.

Q: How are governments supporting the autonomous vehicle market?

Governments are implementing favorable policies, dedicated test zones, and funding initiatives to encourage the deployment of self-driving cars.

Q: Which regions are expected to lead in market share?

North America and parts of Asia-Pacific are at the forefront, driven by tech innovation and supportive regulatory landscapes.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA4056

Publication Date: Jun 2025

What is the autonomous vehicle market share?

According to 6Wresearch internal database and industry insights, the Global Autonomous Vehicle Market was estimated to be valued at around USD 53.2 billion in 2024 and is forecast to reach approximately USD 296.4 billion by 2031, growing at a CAGR of 8.6% during the forecast period.

The market is estimated to hold approximately 14% share of the global automotive market in 2025 and is projected to witness a substantial increase. This growth is driven by rising investments in self-driving technologies, advancements in sensor and AI systems, and growing demand for safer and more efficient transportation solutions.

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Key Growth Factors

Increasing R&D expenditures for autonomy at Level 3 and higher
Growing interest in advanced driver-assistance systems (ADAS)
Growing partnerships between tech firms and automakers
Government programs encouraging the testing of autonomous vehicles
Using autonomous fleets to expand ride-sharing services
The advantages of self-driving cars for improved safety and traffic control

Market Trends

The market share of autonomous vehicles is expected to grow significantly between 2025 and 2031 as regulatory frameworks adapt to allow self-driving cars and technological readiness advances. Furthermore, it is anticipated that consumer acceptance of driverless technology, the expansion of connected car infrastructure, and urban mobility services will all contribute to a stronger global market penetration.