

The global Connected and Automated Vehicles (CAV) market size was valued at US$ 23220 million in 2024 and is forecast to a readjusted size of USD 52090 million by 2031 with a CAGR of 12.4% during review period.
Connected and Automated Vehicles (CAVs) refer to vehicles equipped with advanced communication, sensing, and automation technologies that enable seamless interaction with other vehicles, infrastructure, and cloud-based systems. These vehicles utilize technologies such as V2X communication, LiDAR, radar, and artificial intelligence to enhance safety, reduce human error, and optimize traffic efficiency. CAVs range from partially automated vehicles with driver assistance features to fully autonomous self-driving cars. They play a crucial role in the development of smart transportation ecosystems, reducing accidents, lowering emissions, and improving mobility in urban environments.
This report is a detailed and comprehensive analysis for global Connected and Automated Vehicles (CAV) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Connected and Automated Vehicles (CAV) market size and forecasts, in consumption value ($ Million), 2020-2031
Global Connected and Automated Vehicles (CAV) market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Connected and Automated Vehicles (CAV) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Connected and Automated Vehicles (CAV) market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Connected and Automated Vehicles (CAV)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Connected and Automated Vehicles (CAV) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tesla, Alphabet, GM Cruise, Bosch, ´¡±è´Ç±ô±ô´Ç‌, Ford, Mercedes-Benz, Toyota, ‌Lucid Motors‌, ‌Z´Ç´Ç³æ, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Connected and Automated Vehicles (CAV) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Level L3
Level L4
Level L5
Market segment by Application
Passenger Car
Commercial Vehicle
Market segment by players, this report covers
Tesla
Alphabet
GM Cruise
Bosch
´¡±è´Ç±ô±ô´Ç‌
Ford
Mercedes-Benz
Toyota
‌Lucid Motors‌
‌Z´Ç´Ç³æ
Daimler
Waymo
BMW
BYD
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Connected and Automated Vehicles (CAV) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Connected and Automated Vehicles (CAV), with revenue, gross margin, and global market share of Connected and Automated Vehicles (CAV) from 2020 to 2025.
Chapter 3, the Connected and Automated Vehicles (CAV) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Connected and Automated Vehicles (CAV) market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Connected and Automated Vehicles (CAV).
Chapter 13, to describe Connected and Automated Vehicles (CAV) research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Connected and Automated Vehicles (CAV) by Type
1.3.1 Overview: Global Connected and Automated Vehicles (CAV) Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Connected and Automated Vehicles (CAV) Consumption Value Market Share by Type in 2024
1.3.3 Level L3
1.3.4 Level L4
1.3.5 Level L5
1.4 Global Connected and Automated Vehicles (CAV) Market by Application
1.4.1 Overview: Global Connected and Automated Vehicles (CAV) Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Passenger Car
1.4.3 Commercial Vehicle
1.5 Global Connected and Automated Vehicles (CAV) Market Size & Forecast
1.6 Global Connected and Automated Vehicles (CAV) Market Size and Forecast by Region
1.6.1 Global Connected and Automated Vehicles (CAV) Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Connected and Automated Vehicles (CAV) Market Size by Region, (2020-2031)
1.6.3 North America Connected and Automated Vehicles (CAV) Market Size and Prospect (2020-2031)
1.6.4 Europe Connected and Automated Vehicles (CAV) Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Connected and Automated Vehicles (CAV) Market Size and Prospect (2020-2031)
1.6.6 South America Connected and Automated Vehicles (CAV) Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Connected and Automated Vehicles (CAV) Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 Tesla
2.1.1 Tesla Details
2.1.2 Tesla Major Business
2.1.3 Tesla Connected and Automated Vehicles (CAV) Product and Solutions
2.1.4 Tesla Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Tesla Recent Developments and Future Plans
2.2 Alphabet
2.2.1 Alphabet Details
2.2.2 Alphabet Major Business
2.2.3 Alphabet Connected and Automated Vehicles (CAV) Product and Solutions
2.2.4 Alphabet Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Alphabet Recent Developments and Future Plans
2.3 GM Cruise
2.3.1 GM Cruise Details
2.3.2 GM Cruise Major Business
2.3.3 GM Cruise Connected and Automated Vehicles (CAV) Product and Solutions
2.3.4 GM Cruise Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 GM Cruise Recent Developments and Future Plans
2.4 Bosch
2.4.1 Bosch Details
2.4.2 Bosch Major Business
2.4.3 Bosch Connected and Automated Vehicles (CAV) Product and Solutions
2.4.4 Bosch Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Bosch Recent Developments and Future Plans
2.5 ´¡±è´Ç±ô±ô´Ç‌
2.5.1 ´¡±è´Ç±ô±ô´Ç‌ Details
2.5.2 ´¡±è´Ç±ô±ô´Ç‌ Major Business
2.5.3 ´¡±è´Ç±ô±ô´Ç‌ Connected and Automated Vehicles (CAV) Product and Solutions
2.5.4 ´¡±è´Ç±ô±ô´Ç‌ Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 ´¡±è´Ç±ô±ô´Ç‌ Recent Developments and Future Plans
2.6 Ford
2.6.1 Ford Details
2.6.2 Ford Major Business
2.6.3 Ford Connected and Automated Vehicles (CAV) Product and Solutions
2.6.4 Ford Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Ford Recent Developments and Future Plans
2.7 Mercedes-Benz
2.7.1 Mercedes-Benz Details
2.7.2 Mercedes-Benz Major Business
2.7.3 Mercedes-Benz Connected and Automated Vehicles (CAV) Product and Solutions
2.7.4 Mercedes-Benz Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Mercedes-Benz Recent Developments and Future Plans
2.8 Toyota
2.8.1 Toyota Details
2.8.2 Toyota Major Business
2.8.3 Toyota Connected and Automated Vehicles (CAV) Product and Solutions
2.8.4 Toyota Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Toyota Recent Developments and Future Plans
2.9 ‌Lucid Motors‌
2.9.1 ‌Lucid Motors‌ Details
2.9.2 ‌Lucid Motors‌ Major Business
2.9.3 ‌Lucid Motors‌ Connected and Automated Vehicles (CAV) Product and Solutions
2.9.4 ‌Lucid Motors‌ Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 ‌Lucid Motors‌ Recent Developments and Future Plans
2.10 ‌Z´Ç´Ç³æ
2.10.1 ‌Z´Ç´Ç³æ Details
2.10.2 ‌Z´Ç´Ç³æ Major Business
2.10.3 ‌Z´Ç´Ç³æ Connected and Automated Vehicles (CAV) Product and Solutions
2.10.4 ‌Z´Ç´Ç³æ Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 ‌Z´Ç´Ç³æ Recent Developments and Future Plans
2.11 Daimler
2.11.1 Daimler Details
2.11.2 Daimler Major Business
2.11.3 Daimler Connected and Automated Vehicles (CAV) Product and Solutions
2.11.4 Daimler Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Daimler Recent Developments and Future Plans
2.12 Waymo
2.12.1 Waymo Details
2.12.2 Waymo Major Business
2.12.3 Waymo Connected and Automated Vehicles (CAV) Product and Solutions
2.12.4 Waymo Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Waymo Recent Developments and Future Plans
2.13 BMW
2.13.1 BMW Details
2.13.2 BMW Major Business
2.13.3 BMW Connected and Automated Vehicles (CAV) Product and Solutions
2.13.4 BMW Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 BMW Recent Developments and Future Plans
2.14 BYD
2.14.1 BYD Details
2.14.2 BYD Major Business
2.14.3 BYD Connected and Automated Vehicles (CAV) Product and Solutions
2.14.4 BYD Connected and Automated Vehicles (CAV) Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 BYD Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Connected and Automated Vehicles (CAV) Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Connected and Automated Vehicles (CAV) by Company Revenue
3.2.2 Top 3 Connected and Automated Vehicles (CAV) Players Market Share in 2024
3.2.3 Top 6 Connected and Automated Vehicles (CAV) Players Market Share in 2024
3.3 Connected and Automated Vehicles (CAV) Market: Overall Company Footprint Analysis
3.3.1 Connected and Automated Vehicles (CAV) Market: Region Footprint
3.3.2 Connected and Automated Vehicles (CAV) Market: Company Product Type Footprint
3.3.3 Connected and Automated Vehicles (CAV) Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Connected and Automated Vehicles (CAV) Consumption Value and Market Share by Type (2020-2025)
4.2 Global Connected and Automated Vehicles (CAV) Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Connected and Automated Vehicles (CAV) Consumption Value Market Share by Application (2020-2025)
5.2 Global Connected and Automated Vehicles (CAV) Market Forecast by Application (2026-2031)
6 North America
6.1 North America Connected and Automated Vehicles (CAV) Consumption Value by Type (2020-2031)
6.2 North America Connected and Automated Vehicles (CAV) Market Size by Application (2020-2031)
6.3 North America Connected and Automated Vehicles (CAV) Market Size by Country
6.3.1 North America Connected and Automated Vehicles (CAV) Consumption Value by Country (2020-2031)
6.3.2 United States Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
6.3.3 Canada Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
6.3.4 Mexico Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Connected and Automated Vehicles (CAV) Consumption Value by Type (2020-2031)
7.2 Europe Connected and Automated Vehicles (CAV) Consumption Value by Application (2020-2031)
7.3 Europe Connected and Automated Vehicles (CAV) Market Size by Country
7.3.1 Europe Connected and Automated Vehicles (CAV) Consumption Value by Country (2020-2031)
7.3.2 Germany Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
7.3.3 France Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
7.3.5 Russia Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
7.3.6 Italy Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Connected and Automated Vehicles (CAV) Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Connected and Automated Vehicles (CAV) Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Connected and Automated Vehicles (CAV) Market Size by Region
8.3.1 Asia-Pacific Connected and Automated Vehicles (CAV) Consumption Value by Region (2020-2031)
8.3.2 China Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
8.3.3 Japan Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
8.3.4 South Korea Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
8.3.5 India Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
8.3.7 Australia Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
9 South America
9.1 South America Connected and Automated Vehicles (CAV) Consumption Value by Type (2020-2031)
9.2 South America Connected and Automated Vehicles (CAV) Consumption Value by Application (2020-2031)
9.3 South America Connected and Automated Vehicles (CAV) Market Size by Country
9.3.1 South America Connected and Automated Vehicles (CAV) Consumption Value by Country (2020-2031)
9.3.2 Brazil Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
9.3.3 Argentina Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Connected and Automated Vehicles (CAV) Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Connected and Automated Vehicles (CAV) Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Connected and Automated Vehicles (CAV) Market Size by Country
10.3.1 Middle East & Africa Connected and Automated Vehicles (CAV) Consumption Value by Country (2020-2031)
10.3.2 Turkey Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
10.3.4 UAE Connected and Automated Vehicles (CAV) Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Connected and Automated Vehicles (CAV) Market Drivers
11.2 Connected and Automated Vehicles (CAV) Market Restraints
11.3 Connected and Automated Vehicles (CAV) Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Connected and Automated Vehicles (CAV) Industry Chain
12.2 Connected and Automated Vehicles (CAV) Upstream Analysis
12.3 Connected and Automated Vehicles (CAV) Midstream Analysis
12.4 Connected and Automated Vehicles (CAV) Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Tesla
Alphabet
GM Cruise
Bosch
´¡±è´Ç±ô±ô´Ç‌
Ford
Mercedes-Benz
Toyota
‌Lucid Motors‌
‌Z´Ç´Ç³æ
Daimler
Waymo
BMW
BYD
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*If Applicable.