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2020 Autonomous Cars Market: Future Developments, Revenue, Trends, Size, Share And Forecast 2030

The Business Research Company’s Autonomous Cars Market. The report covers market size, key players, market share and trends to 2030.

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Autonomous Cars Market is one of a series of new reports from The Business Research Company that provide Autonomous Cars market overviews, analyze and forecast market size and growth for the whole market, Autonomous Cars market segments and geographies, Autonomous Cars market trends, Autonomous Cars market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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The autonomous cars market consists of sales of autonomous cars by entities (organizations, sole traders and partnerships) that manufacture autonomous cars for transporting people and goods.

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The global autonomous cars market reached a value of nearly $818.6 billion in 2019, having increased at a compound annual growth rate (CAGR) of 12.7% since 2015. The market is expected to decline from $818.6 billion in 2019 to $772.8 billion in 2020 at a rate of -5.6%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 12.7% from 2021 ad reach $1,191.8 billion in 2023.  The market is expected to reach $1,642.9 billion in 2025 growing at a CAGR of 17.4%, and $3,195.0 billion in 2030 growing at a CAGR of 14.2%.

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