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Connected and Autonomous Vehicles (CAV) Industry Research Report 2026
Market perspective
The global Connected and Autonomous Vehicles (CAV) market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Connected and Autonomous Vehicles (CAV) is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Connected and Autonomous Vehicles (CAV) is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Connected and Autonomous Vehicles (CAV) is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Connected and Autonomous Vehicles (CAV) include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Connected and Autonomous Vehicles (CAV) market in revenue (US$ million) and, where applicable, sales volume (K Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Connected and Autonomous Vehicles (CAV).
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Connected and Autonomous Vehicles (CAV) Market by Company
Cruise
Waymo
BMW
Ford
Honda
Daimler
Toyota
Apollo (Baidu)
Motional
Ferrovial
Connected and Autonomous Vehicles (CAV) Segment by Type
L3
L4-L5
Connected and Autonomous Vehicles (CAV) Segment by Application
Passenger Car
Commercial Vehicle
Connected and Autonomous Vehicles (CAV) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Connected and Autonomous Vehicles (CAV) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Connected and Autonomous Vehicles (CAV) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Connected and Autonomous Vehicles (CAV).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Connected and Autonomous Vehicles (CAV) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Connected and Autonomous Vehicles (CAV) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Connected and Autonomous Vehicles (CAV) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- L3
- L4-L5
Applications
- Passenger Car
- Commercial Vehicle
Companies covered
- Cruise
- Waymo
- BMW
- Ford
- Honda
- Daimler
- Toyota
- Apollo (Baidu)
- Motional
- Ferrovial
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Connected and Autonomous Vehicles (CAV) by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 L3
- 2.2.3 L4-L5
- 2.3 Connected and Autonomous Vehicles (CAV) by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Passenger Car
- 2.3.3 Commercial Vehicle
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Connected and Autonomous Vehicles (CAV) Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Connected and Autonomous Vehicles (CAV) Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Connected and Autonomous Vehicles (CAV) Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Connected and Autonomous Vehicles (CAV) Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Connected and Autonomous Vehicles (CAV) Production by Manufacturers (2021-2026)
- 3.2 Global Connected and Autonomous Vehicles (CAV) Production Value by Manufacturers (2021-2026)
- 3.3 Global Connected and Autonomous Vehicles (CAV) Average Price by Manufacturers (2021-2026)
- 3.4 Global Connected and Autonomous Vehicles (CAV) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Connected and Autonomous Vehicles (CAV) Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Connected and Autonomous Vehicles (CAV) Manufacturers, Product Type & Application
- 3.7 Global Connected and Autonomous Vehicles (CAV) Manufacturers Established Date
- 3.8 Global Connected and Autonomous Vehicles (CAV) Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Cruise
- 4.1.1 Cruise Connected and Autonomous Vehicles (CAV) Company Information
- 4.1.2 Cruise Connected and Autonomous Vehicles (CAV) Business Overview
- 4.1.3 Cruise Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.1.4 Cruise Product Portfolio
- 4.1.5 Cruise Recent Developments
- 4.2 Waymo
- 4.2.1 Waymo Connected and Autonomous Vehicles (CAV) Company Information
- 4.2.2 Waymo Connected and Autonomous Vehicles (CAV) Business Overview
- 4.2.3 Waymo Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.2.4 Waymo Product Portfolio
- 4.2.5 Waymo Recent Developments
- 4.3 BMW
- 4.3.1 BMW Connected and Autonomous Vehicles (CAV) Company Information
- 4.3.2 BMW Connected and Autonomous Vehicles (CAV) Business Overview
- 4.3.3 BMW Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.3.4 BMW Product Portfolio
- 4.3.5 BMW Recent Developments
- 4.4 Ford
- 4.4.1 Ford Connected and Autonomous Vehicles (CAV) Company Information
- 4.4.2 Ford Connected and Autonomous Vehicles (CAV) Business Overview
- 4.4.3 Ford Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.4.4 Ford Product Portfolio
- 4.4.5 Ford Recent Developments
- 4.5 Honda
- 4.5.1 Honda Connected and Autonomous Vehicles (CAV) Company Information
- 4.5.2 Honda Connected and Autonomous Vehicles (CAV) Business Overview
- 4.5.3 Honda Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.5.4 Honda Product Portfolio
- 4.5.5 Honda Recent Developments
- 4.6 Daimler
- 4.6.1 Daimler Connected and Autonomous Vehicles (CAV) Company Information
- 4.6.2 Daimler Connected and Autonomous Vehicles (CAV) Business Overview
- 4.6.3 Daimler Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.6.4 Daimler Product Portfolio
- 4.6.5 Daimler Recent Developments
- 4.7 Toyota
- 4.7.1 Toyota Connected and Autonomous Vehicles (CAV) Company Information
- 4.7.2 Toyota Connected and Autonomous Vehicles (CAV) Business Overview
- 4.7.3 Toyota Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.7.4 Toyota Product Portfolio
- 4.7.5 Toyota Recent Developments
- 4.8 Apollo (Baidu)
- 4.8.1 Apollo (Baidu) Connected and Autonomous Vehicles (CAV) Company Information
- 4.8.2 Apollo (Baidu) Connected and Autonomous Vehicles (CAV) Business Overview
- 4.8.3 Apollo (Baidu) Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.8.4 Apollo (Baidu) Product Portfolio
- 4.8.5 Apollo (Baidu) Recent Developments
- 4.9 Motional
- 4.9.1 Motional Connected and Autonomous Vehicles (CAV) Company Information
- 4.9.2 Motional Connected and Autonomous Vehicles (CAV) Business Overview
- 4.9.3 Motional Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.9.4 Motional Product Portfolio
- 4.9.5 Motional Recent Developments
- 4.10 Ferrovial
- 4.10.1 Ferrovial Connected and Autonomous Vehicles (CAV) Company Information
- 4.10.2 Ferrovial Connected and Autonomous Vehicles (CAV) Business Overview
- 4.10.3 Ferrovial Connected and Autonomous Vehicles (CAV) Production, Value and Gross Margin (2021-2026)
- 4.10.4 Ferrovial Product Portfolio
- 4.10.5 Ferrovial Recent Developments
5 Global Connected and Autonomous Vehicles (CAV) Production by Region
- 5.1 Global Connected and Autonomous Vehicles (CAV) Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Connected and Autonomous Vehicles (CAV) Production by Region: 2021-2032
- 5.2.1 Global Connected and Autonomous Vehicles (CAV) Production by Region: 2021-2026
- 5.2.2 Global Connected and Autonomous Vehicles (CAV) Production Forecast by Region (2027-2032)
- 5.3 Global Connected and Autonomous Vehicles (CAV) Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Connected and Autonomous Vehicles (CAV) Production Value by Region: 2021-2032
- 5.4.1 Global Connected and Autonomous Vehicles (CAV) Production Value by Region: 2021-2026
- 5.4.2 Global Connected and Autonomous Vehicles (CAV) Production Value Forecast by Region (2027-2032)
- 5.5 Global Connected and Autonomous Vehicles (CAV) Market Price Analysis by Region (2021-2026)
- 5.6 Global Connected and Autonomous Vehicles (CAV) Production and Value, YOY Growth
- 5.6.1 North America Connected and Autonomous Vehicles (CAV) Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Connected and Autonomous Vehicles (CAV) Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Connected and Autonomous Vehicles (CAV) Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Connected and Autonomous Vehicles (CAV) Production Value Estimates and Forecasts (2021-2032)
- 5.6.5 South Korea Connected and Autonomous Vehicles (CAV) Production Value Estimates and Forecasts (2021-2032)
- 5.6.6 India Connected and Autonomous Vehicles (CAV) Production Value Estimates and Forecasts (2021-2032)
6 Global Connected and Autonomous Vehicles (CAV) Consumption by Region
- 6.1 Global Connected and Autonomous Vehicles (CAV) Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Connected and Autonomous Vehicles (CAV) Consumption by Region (2021-2032)
- 6.2.1 Global Connected and Autonomous Vehicles (CAV) Consumption by Region: 2021-2026
- 6.2.2 Global Connected and Autonomous Vehicles (CAV) Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Connected and Autonomous Vehicles (CAV) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Connected and Autonomous Vehicles (CAV) Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Connected and Autonomous Vehicles (CAV) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Connected and Autonomous Vehicles (CAV) Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Connected and Autonomous Vehicles (CAV) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Connected and Autonomous Vehicles (CAV) Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Connected and Autonomous Vehicles (CAV) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Connected and Autonomous Vehicles (CAV) Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Connected and Autonomous Vehicles (CAV) Production by Type (2021-2032)
- 7.1.1 Global Connected and Autonomous Vehicles (CAV) Production by Type (2021-2032) & (K Units)
- 7.1.2 Global Connected and Autonomous Vehicles (CAV) Production Market Share by Type (2021-2032)
- 7.2 Global Connected and Autonomous Vehicles (CAV) Production Value by Type (2021-2032)
- 7.2.1 Global Connected and Autonomous Vehicles (CAV) Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Connected and Autonomous Vehicles (CAV) Production Value Market Share by Type (2021-2032)
- 7.3 Global Connected and Autonomous Vehicles (CAV) Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Connected and Autonomous Vehicles (CAV) Production by Application (2021-2032)
- 8.1.1 Global Connected and Autonomous Vehicles (CAV) Production by Application (2021-2032) & (K Units)
- 8.1.2 Global Connected and Autonomous Vehicles (CAV) Production Market Share by Application (2021-2032)
- 8.2 Global Connected and Autonomous Vehicles (CAV) Production Value by Application (2021-2032)
- 8.2.1 Global Connected and Autonomous Vehicles (CAV) Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Connected and Autonomous Vehicles (CAV) Production Value Market Share by Application (2021-2032)
- 8.3 Global Connected and Autonomous Vehicles (CAV) Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Connected and Autonomous Vehicles (CAV) Value Chain Analysis
- 9.1.1 Connected and Autonomous Vehicles (CAV) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Connected and Autonomous Vehicles (CAV) Production Mode & Process
- 9.2 Connected and Autonomous Vehicles (CAV) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Connected and Autonomous Vehicles (CAV) Distributors
- 9.2.3 Connected and Autonomous Vehicles (CAV) Customers
10 Global Connected and Autonomous Vehicles (CAV) Analyzing Market Dynamics
- 10.1 Connected and Autonomous Vehicles (CAV) Industry Trends
- 10.2 Connected and Autonomous Vehicles (CAV) Industry Drivers
- 10.3 Connected and Autonomous Vehicles (CAV) Industry Opportunities and Challenges
- 10.4 Connected and Autonomous Vehicles (CAV) Industry Restraints
11 Report Conclusion
12 Disclaimer
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