Vancouver, British Columbia, February 1, 2026 (GLOBE NEWSWIRE) — The global self-driving car market is projected to reach a market size of US $ 888.4 billion by 2028 with a rapid and stable CAGR during the forecast period. I am. Emergen search. Self-driving cars use artificial intelligence software, photodetection and ranging (LiDAR), and lidar sensing technology to improve vehicle performance and increase consumer adoption. The IoT helps car drivers improve performance by receiving real-time feedback built into connected cars. These built-in features help you collect, analyze, and store data and help you make decisions.The development of smart cities and increasing demand for connected cars in emerging countries will help solve traffic congestion problems throughout urban areas. The rapid growth of the economy guarantees strong development from transportation infrastructure to the development of smart cities. The growth of the self-driving car market is being driven by the increase in traffic accidents and the adoption of advanced safety systems. These vehicles have support functions such as automatic emergency braking system and blind spot identification, which contribute to the growth of market profits.Request a free sample copy using the table of contents @ https://www.emergenresearch.com/request-sample-form/59However, the high cost of self-driving cars and the growing threat of cybersecurity have a negative impact on the market. Technological advances and increased investment in automotive R & D offer growth opportunities for the self-driving car market.Main highlights of the reportIn January 2026, Blackberry announced that it would expand its partnership with Baidu to enhance next-generation autonomous driving technology. According to the agreement, Baidu’s HD maps will be integrated into Blackberry’s QNX Neutrino real-time operating system.LiDAR or photodetection or ranging is used by various self-driving cars to navigate the environment in real time. It is used for accurate depth perception, which allows LiDAR to know the distance to an object, and is also suitable for 3D mapping. In short, the vehicle can accurately measure the environment, driving the growth of component segments.Increasing road safety concerns and increasing demand for ride-hailing services are driving the growth of Robotaxi in the application segment. In December 2020, Amazon acquired Zoox and announced a four-seater robot taxi, a compact car designed for densely populated urban areas. These launches are driving the growth of the segment.Europe had a large share in 2020 due to the high adoption rate of self-driving cars and the increase in technologically advanced products. Europe has emerged as a profitable region that contributes to the growth of the self-driving car market.Major companies operating in the global self-driving car market include Honda Giken Kogyo, Daimler AG (Mercedes-Benz), Ford Motor Company, BMW AG, General Motors, Audi AG, Nissan Motor, Tesla, Toyota Motor Corporation. there is.Please check the price @ https://www.emergenresearch.com/select-license/59
Emergen Research has segmented the global self-driving car market in terms of components, applications, fuel types, and regions.Component outlook (Revenue, US $ 1 billion, 2018-2028)cameraLiDARradarUltrasonic sensorApplication Outlook (Revenue, US $ 1 Billion, 2018-2028)CitizenRobo taxiShare on hailSelf-driving busSelf-driving truckFuel Type Outlook (Revenue, US $ 1 Billion, 2018-2028)Internal combustion engine (ICE)Hybrid electric vehicle (HEV)Battery Electric Vehicle (BEV)Click to access the report survey, read the main highlights of the report, and see the expected trends. https://www.emergenresearch.com/industry-report/autonomous-vehicle-marketRegional outlook (Revenue, US $ 1 billion, 2018-2028)North AmericaWeCanadaMexicoEuropeGermanyUnited KingdomFranceBeneluxOther EuropeAsia PacificChinaJapanKoreaThe rest of APACLatin AmericaBrazilThe rest of Latin AmericaMiddle East and AfricaSaudi ArabiaUnited Arab EmiratesMiddle East and other parts of AfricaPlease see the related report.Micromobility market By application (residential, commercial), by type (two-wheeled vehicle, three-wheeled vehicle), by mileage (up to 20 Km, 20-40 Km, 40 Km or more), by weight capacity (up to 100 Kg, 100-250) Kg, 250 Kg and above), and by region, forecast by 2028Unmanned aerial vehicle (UAV) market By product type, by wing type, by operation mode, by range, by maximum takeoff weight (MTOW), by system, by application, by end user, forecast by 2027Autonomous delivery vehicle market By type (air delivery drone, ground delivery vehicle), by component (hardware, software), by application (manufacturing, restaurant, retail, logistics, healthcare, etc.), and by region, forecast by 2027About Emergen ResearchEmergen Research is a market research and consulting firm that provides syndicated research reports, customized research reports, and consulting services. Our solutions are purely focused on our customers’ objectives of identifying, targeting and analyzing demographics, changes in consumer behavior across the industry, enabling clients to make smarter business decisions. We support. We provide market intelligence research that guarantees relevant fact-based research across multiple industries, including healthcare, touchpoints, chemicals, types, and energy. We constantly update our research services to keep our clients aware of the latest trends in the market. Emergen Research has a strong foundation of experienced analysts in a variety of disciplines. Our industry experience and ability to develop concrete solutions to research problems gives our clients the ability to gain an edge over their respective competitors.Contact Us:Eric LeeCorporate Sales SpecialistEmergenry Search | Web: www.emergenresearch.comDirect phone: +1 (604) 757-9756Email: [email protected]Facebook | LinkdIn | twitter | blogRead the full press release @ https://www.emergenresearch.com/press-release/global-autonomous-vehicle-market
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Self-driving car market size reaching US $ 888.4 billion by 2028
