US Autonomous Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers the US Autonomous Vehicle Market and Its Growth. It is Segmented by Type (Fully Autonomous Vehicles and Semi-Autonomous Vehicles), Sensor (Lidar, Radar, Ultrasonic, and Other Sensors), and Level of Automation (Conditional Automation (Level 3), High Automation (Level 4), and Full Automation (Level 5)). The Report Offers Market Sizing and Forecasts in Value (USD) for all the Above Segments.

US Autonomous Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

US Autonomous Car Industry Overview

The US autonomous car market is consolidated and dominated by a few players, such as Apple, Waymo, Tesla, Ford, Honda, BMW, Nissan, Intel, and Uber. These players have also encompassed brand reinforcement, innovation, collaboration, and M&A strategies to gain a higher competitive share. For instance,

  • In January 2024, TIER IV, a provider of open-source autonomous driving technology, introduced the Co-MLOps (Cooperative Machine Learning Operations) project. This initiative aims to speed up AI development for autonomous driving. The deployment of the Co-MLOps Platform will facilitate the global exchange of managed sensor data, such as camera images and lidar point clouds, from various regions. TIER IV demonstrated AI models at CES 2024 in Las Vegas, which may positively influence the future of autonomous vehicles in the United States.
  • In July 2023, Volkswagen launched its first autonomous vehicle test pilot in Austin, United States. The pilot involved 10 all-electric IDs. Buzz vehicles are equipped with an autonomous driving technology platform developed in collaboration with Mobileye. These efforts are contributing to the growth of the US autonomous vehicle market.
  • In June 2023, Kia, a South Korean carmaker, announced the launch of its all-electric EV9 flagship SUV in the United States. The EV9 features a 99.8 kWh battery, capable of traveling approximately 501 km on a single charge. The GT-line model will also include Level 3 autonomous driving technology with a Highway Driving Pilot program.

US Autonomous Car Market Leaders

  1. Waymo

  2. Tesla

  3. BMW

  4. Intel

  5. Uber

  6. *Disclaimer: Major Players sorted in no particular order
US Autonomous Car Market Concentration