United States Autonomous Vehicle Market Overview, Industry Growth Rate, Research Report 2023-2028

The latest report by IMARC Group, titled “United States Autonomous Vehicle Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,“ the United States autonomous vehicle market size to grow at a growth rate (CAGR) of 31.80% during 2023-2028.

United States Autonomous Vehicle Market Overview:

An autonomous vehicle, also known as a self-driving car or driverless car, is a vehicle equipped with advanced sensors such as LIDAR, radar, and cameras, along with sophisticated algorithms, that enable it to navigate and drive without human intervention. These vehicles range from partially autonomous to fully autonomous, where no human attention is required for driving tasks. The different levels of automation, from Level 0 (no automation) to Level 5 (full automation), describe the vehicle's ability to take over various driving functions. They are lauded for their potential to significantly increase safety by reducing accidents caused by human error. They also offer increased mobility for those unable to drive, reduce traffic congestion through efficient routing, and promise environmental benefits by optimizing fuel efficiency and reducing emissions.

Get a Sample Copy of the Report at: https://www.imarcgroup.com/united-states-autonomous-vehicle-market/requestsample

United States Autonomous Vehicle Market Trends:

The United States autonomous vehicle market is majorly driven by advancements in artificial intelligence, machine learning, and the proliferation of connected devices. Along with this, the accelerating encouragement from both federal and state governments towards creating regulatory frameworks to integrate autonomous vehicles into the existing transportation infrastructure safely is impacting the market.

In addition, consumer interest in new automotive technologies, along with the presence of Silicon Valley startups and established automotive manufacturers, creates a dynamic and competitive environment fostering rapid development. Moreover, the potential for autonomous vehicles to revolutionize logistics and delivery services is gaining the attention of large e-commerce companies, contributing to the market's expansion. Apart from this, the trend towards smart city initiatives and the integration of vehicle-to-infrastructure communication are contributing to the market. Furthermore, the ongoing research and pilot programs in the U.S. are creating a positive market outlook.

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/united-states-autonomous-vehicle-market

United States Autonomous Vehicle Industry Segmentation:

Breakup by Propulsion Type:

Semi Autonomous
Fully Autonomous

Breakup by Level:

Level 1
Level 2
Level 3
Level 4
Level 5

Breakup by Vehicle Type:

Passenger Car
Commercial Car

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

LinkedIn: https://www.linkedin.com/company/imarc-group/