Search results for: 'autonomous vehicle market forecast'

The Chinese automotive market is likely to shift into a higher intelligence level by 2025. The L1 and L2 autonomous vehicles are currently available in the market, with a total sales of 0.3 million units in 2018. Going forward, the market is likely to experience a positive compound annual growth rate (CAGR) of 28.4%, reaching 1.5 million unit shipm...

03 Sep 2025  |  Asia Pacific  |  Market Research

Passenger Vehicle Autonomous Driving Market, China, 2024-2030

Navigate on Autopilot Accelerates the Shift Towards Autonomous Driving

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An autonomous vehicle requires either partial driver assistance or may achieve fully autonomous driving. These vehicles operate through the coordinated integration of artificial intelligence (AI), computer vision, radar systems, monitoring devices, and GPS.The autonomous driving market in China is experiencing rapid growth, with market penetration ...

19 May 2017  |  Asia Pacific  |  Market Research

Strategic Analysis of Autonomous Cars in China, 2010–2025

Autonomous Cars Likely to be Commercialized among OEMs in China by 2030

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China is the largest passenger vehicle marketplace in term of sales and production volume in the world. Strong capitalization and the fast-growing automotive industry in China are likely to create high development opportunities in the global autonomous car market. The Chinese automotive industry is moving into autonomous car development. It is at t...

China’s autonomous and connected mobility market is undergoing a transition. The top challenges it faces include technical obstacles, such as perception technology and control algorithms; data privacy, protection, and security laws and regulations issued in the pre-autonomous driving era; and high manufacturing and operating costs. As a result, man...

31 Aug 2016  |  Asia Pacific  |  Market Research

Indian Commercial Vehicle Telematics Market

Annual Telematics Sales to Grow Sixfold by 2023

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Indian telematics is one of the fastest emerging markets, primarily driven by spiralling fuel prices, increasing number of accidents/vehicle theft, demand for vehicle navigation, and the rising need to monitor fuel pilferage. The market is relatively old, but adoption rates have been low due to the lack of awareness. However, vehicle OEMs and telem...

Companies view vehicle leasing as a solution to the growing number of challenges they face in their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses focus on their core products or services and seek to outsource support activities. Mobility is a ...

Scope of the report The research report includes the following segments: Product scope: Vehicle Scrappage Programs and General Public Perception of the same Geographic scope: Malaysia End-user scope: OEMs, Stakeholders of countries interested in Vehicle Scrappage Programs Respondent profiles, survey findings including opinion regarding vehicle sc...

30 Sep 2020  |  Asia Pacific  |  Market Research

Transformative Mega Trends of Autonomous Driving in Japan, 2020

Strategic Partnering and Technology Strategy to Accelerate the Transformational Growth of Autonomous Vehicles

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Japan’s automotive market is highly developed and evolving. Autonomous driving is advancing for both commercial and personal use. Naturally, global OEMs, suppliers, and technology companies are leading the charge, with significant inputs from research institutes and universities. In 2017, the Japanese government allowed driving tests on highways i...

China’s passenger vehicle navigation on autopilot (NOA) market is entering a phase of accelerated commercialization, scaling from 2.4 million units in 2025 to 15.0 million by 2032, reflecting a strong 29.8% CAGR. This surge marks a decisive transition from early-adopter experimentation to mass-market deployment, fueled by factory-fitted hardware st...