Designed to make market research more actionable and strategically valuable, The Business Research Company’s 2026 market reports feature market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights.
What Is The Projected CAGR Of The Connected And Autonomous Mobility Vehicles Market Through 2030?
The market size for connected and autonomous mobility vehicles has experienced significant expansion in recent years. It is projected to increase from $288.85 billion in 2025 to $408.41 billion in 2026, reflecting a compound annual growth rate (CAGR) of 41.4%. This historical growth can be attributed to the early development of driver assistance systems, the rise in connected car technologies, increasing investments in autonomous R&D, the expansion of electric vehicle infrastructure, and growing regulatory support for automation.
The size of the connected and autonomous mobility vehicles market is projected to experience substantial growth over the coming years. This market is anticipated to reach $1686.91 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 42.6%. Key factors driving this growth during the forecast period include the increasing demand for autonomous logistics, the rising adoption of smart city mobility solutions, the expansion of robo taxi deployments, progress in AI-driven navigation, and the growth of commercial autonomous fleets. Significant trends observed within the forecast period encompass the growing integration of advanced sensor fusion systems, the increasing deployment of vehicle-to-everything (V2X) communication, enhanced adoption of autonomous fleet solutions, the expansion of real-time mapping and perception technologies, and advancements in safety redundancy and fail-safe system designs.
Claim Your Free Connected And Autonomous Mobility Vehicles Market Sample Report With Key Data And Trends:
Connected And Autonomous Mobility Vehicles Market Demand Analysis: The Driving Force Behind Expansion
The increasing number of road accidents is projected to boost the expansion of the connected and autonomous mobility vehicles market moving forward. A road accident is defined as an incident resulting in property damage or personal injury, occurring on a location designated for public transportation or frequently used for transport, and involving at least one moving vehicle. Connected and autonomous vehicles (CAVs) utilize their connectivity and automation capabilities to help prevent and mitigate road accidents by performing evasive maneuvers, monitoring the driver’s attention, and assuming vehicle control if the driver is not focused. For instance, in December 2023, according to the World Health Organization, a Switzerland-based intergovernmental organization, approximately 1.19 million road traffic deaths were reported globally, with the European Union recording about 20,400 fatalities, marking a slight rise from 20,196 in 2022. Therefore, the escalating incidence of road accidents is driving the growth of the connected and autonomous mobility vehicle market.
Breaking Down The Connected And Autonomous Mobility Vehicles Market By Segment
The connected and autonomous mobility vehicles market covered in this report is segmented –
1) By Propulsion Type: Semi-Autonomous, Fully Autonomous
2) By Vehicle Type: Passenger Car, Commercial Vehicle
3) By Application: Civil, Defense, Transportation And Logistics, Construction
Subsegments:
1) By Semi-Autonomous: Level 2 (Partial Automation), Level 3 (Conditional Automation)
2) By Fully Autonomous: Level 4 (High Automation), Level 5 (Full Automation)
Top Trend Influencing The Connected And Autonomous Mobility Vehicles Market Outlook
Major companies operating in the connected and autonomous mobility vehicle market are increasingly prioritizing the introduction of third-generation autonomous driving systems to gain a competitive advantage. These third-generation systems refer to those where the vehicle can autonomously manage all aspects of driving under specific conditions and within a defined environment, such as highway operation. For instance, May Mobility, a US-based autonomous vehicle (AV) technology company, launched its third-generation autonomous driving system in March 2023. This system is equipped with advanced sensors like cameras, radars, and lidars, allowing it to detect objects in its surroundings more clearly and accurately than prior generations. It also features an improved communication system to collaborate with human operators, ensuring vehicle and passenger safety in challenging situations. May Mobility’s third-generation autonomous driving system encompasses its third-generation vision stack, next-generation pedestrian modeling, tele-assist, on-vehicle traffic light detection, and other enhancements designed to help the car navigate various encounters and circumstances without incident.
Connected And Autonomous Mobility Vehicles Market Competitive Landscape And Major Players
Major companies operating in the connected and autonomous mobility vehicles market are Microsoft Corporation, General Motors (GM), Mercedes-Benz Group AG, Ford Motor Company, Bayerische Motoren Werke AG (BMW), SAIC Motor Corp. Ltd., Tesla Inc., Nissan Motor Co. Ltd., Intel Corporation, BYD Co. Ltd., Groupe Renault, The Volvo Group, Magna International Inc., Uber Technologies Inc., ABB Ltd., Nvidia Corporation, Jaguar Land Rover Automotive PLC, Didi Chuxing Technology Co. Ltd., Baidu Inc., Aptiv plc, Porsche Automobil Holding SE, Lyft Inc., Motional, Aurora Innovation Inc., SAE International, Nuro Inc., Argo AI, AutoX Inc., Swift Navigation, Nauto
Read The Full Connected And Autonomous Mobility Vehicles Market Report By The Business Research Company:
Where Is The Connected And Autonomous Mobility Vehicles Market Largest? Key Regional Insights
North America was the largest region in the connected and autonomous mobility vehicles market in 2025. The regions covered in the connected and autonomous mobility vehicles market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Reach Out To Our Team:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
