The semi-autonomous truck market is estimated to be 260,000 units in 2018 and is projected to reach 1,130,000 units by 2025, at a CAGR of 23.38%.
The autonomous truck market is estimated to be 15,000 units in 2025 and is projected to reach 81.8 thousand units by 2030, at a CAGR of 39.96%.
The autonomous train market, in terms of volume, is projected to grow at a CAGR of 4.87% from 2018 to 2030. The market is estimated at 54,558 Units in 2017 and is projected to reach 106,290 Units by 2030. In this study, 2017 has been considered the base year, and 2018–2030 is the forecast period, for estimating the market size of the market.
Source: Markets & Markets
The global autonomous vehicles market revenue is expected to grow at a CAGR of 39.6% during the forecast period 2017-2027 reaching USD 126.8 billion by 2027.
Source: PM News wire
The study, prepared by Strategy Analytics, predicts autonomous vehicles will create a massive economic opportunity that will scale from USD 800 billion in 2035 (the base year of the study) to USD 7 trillion by 2050.