Global Semi-autonomous Vehicle Market Size & Outlook
The semi-autonomous vehicle industry worldwide is expected to reach a projected revenue of US$ 60.0 unit by 2028. A compound annual growth rate of 20.8% is expected of the worldwide semi-autonomous vehicle industry from 2022 to 2028.
Revenue, 2021 (Million Unit)
$16.0
Forecast, 2028 (Million Unit)
$60.0
CAGR, 2022 - 2028
20.8%
Report Coverage
Worldwide
Global semi-autonomous vehicle market, 2017-2028 (Million Unit)
Related Markets
Global semi-autonomous vehicle market highlights
- The global semi-autonomous vehicle market generated a revenue of Million 16.0 unit in 2021 and is expected to reach Million 60.0 unit by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 20.8% by 2028.
- In terms of segment, level 1 accounted for a revenue of Million 8.1 unit in 2021.
- Level 3 is the most lucrative level of automation segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | Million 16.0 unit |
| Market revenue in 2028 | Million 60.0 unit |
| Growth rate | 20.8% (CAGR from 2021 to 2028) |
| Largest segment | Level 1 |
| Fastest growing segment | Level 3 |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in Million unit |
| Market segmentation | Level 1, Level 2, Level 3 |
Other key industry trends
- In terms of revenue, the North America accounted for 30.6% of the global semi-autonomous vehicle market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, U.S. is the fastest growing regional market and is projected to reach Million 6.7 unit by 2028.
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Semi-Autonomous Vehicle Market Scope
Semi-autonomous vehicle market segmentation & scope
Level of Automation
Level 1
Level 2
Level 3
Vehicle Type
Passenger Car
Commercial Vehicle
Semi-Autonomous Vehicle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global semi-autonomous vehicle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to semi-autonomous vehicle market will help companies and investors design strategic landscapes.
level 1 was the largest segment with a revenue share of 50.63% in 2021. Horizon Databook has segmented the Global semi-autonomous vehicle market based on level 1, level 2, level 3 covering the revenue growth of each sub-segment from 2017 to 2028.
- Global Semi-Autonomous Vehicle Level of Automation Outlook (Volume, Million Unit, 2017-2028)
- Level 1
- Level 2
- Level 3
- Global Semi-Autonomous Vehicle Vehicle Type Outlook (Volume, Million Unit, 2017-2028)
- Passenger Car
- Commercial Vehicle
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Horizon Databook provides a detailed overview of global-level data and insights on the Global semi-autonomous vehicle market, including forecasts for subscribers. This global databook contains high-level insights into Global semi-autonomous vehicle market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Global semi-autonomous vehicle market
Global semi-autonomous vehicle market, by region, 2021 (Million Unit)
Global semi-autonomous vehicle market
Related regional statistics
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