Tuesday, 02 January 2024 12:17 GMT

Applied AI In Autonomous Vehicles Global Market To Grow By $2.86 Billion By 2029: Analysis By Component, Vehicle Type, Technology And Region


(MENAFN- GlobeNewsWire - Nasdaq) Key market opportunities include advancements in AI and computing hardware for autonomous vehicles, driven by the pursuit of safety and economic benefits in logistics. Growth is spurred by software-defined vehicles, niche applications, and generative AI.

Dublin, Sept. 30, 2025 (GLOBE NEWSWIRE) -- The "Applied AI in Autonomous Vehicles Market 2025-2029" has been added to ResearchAndMarkets's offering.

The applied AI in autonomous vehicles market is set to expand by USD 2.86 billion from 2024 to 2029, growing at a CAGR of 23%. This market report provides a comprehensive analysis, addressing market size, forecasts, trends, growth drivers, and challenges, alongside a detailed vendor analysis of around 25 companies.

The analysis offers insights into the current market landscape, recent trends, and growth drivers. Key factors propelling market growth include the quest for enhanced safety and reduced human error, attractive economic benefits in commercial logistics, and rapid innovation in AI and computing technologies.

The report highlights the shift towards software-defined vehicles and centralized computing architectures as key drivers of future growth. Additionally, strategic focus on niche commercial applications for expedited commercialization and leveraging generative AI for enhanced simulation and data augmentation are expected to further stimulate demand.

This study employs a blend of primary and secondary research, including industry expert inputs. It provides extensive market size data, segmented regional analysis, and vendor landscape insights. Both historic and forecast data are included.

The applied AI in autonomous vehicles market is segmented as follows:

By Component:

  • Hardware
  • Software
  • Services

By Vehicle Type:

  • Passenger vehicles
  • Commercial vehicles
  • Special purpose vehicles

By Technology:

  • Deep learning
  • Sensor fusion algorithms
  • Machine learning
  • Reinforcement learning
  • Others

By Geographical Landscape:

  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • South America

Key Areas Covered in the Report:

  • Market sizing for applied AI in autonomous vehicles
  • Forecasting future market trends
  • Industry analysis

The report includes a robust vendor analysis, assisting clients in enhancing their market positions. It features leading industry vendors such as Aptiv PLC, AutoX Inc., and Baidu Inc. Upcoming trends and challenges affecting market growth are also discussed to enable companies to strategize and capitalize on future opportunities.

A selection of companies mentioned in this report includes, but is not limited to:

  • Aeva Inc.
  • Aptiv PLC
  • Aurora Innovation Inc.
  • AutoX Inc.
  • Baidu Inc.
  • Comma Inc.
  • Cruise LLC
  • DENSO Corp.
  • Einride AB
  • HERE Global BV
  • Huawei Technologies Co. Ltd.
  • Mobileye Technologies Ltd.
  • Motional Inc.
  • Nuro Inc.
  • NVIDIA Corp.
  • Pony
  • Tesla Inc.
  • Velodyne Lidar Inc.
  • Waymo LLC
  • Zoox

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

CONTACT: CONTACT: Laura Wood,Senior Press Manager ... For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

MENAFN30092025004107003653ID1110129467

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search