Global Smart Driving Car Market Shipment Analysis 2026
Smart driving，also known as driverless or autonomous driving, smart driving cars can be safely driven with the help of devices such as artificial intelligence, visual computing, radar, monitoring settings and global positioning systems, with no one manipulating the car.
Smart driving can avoid drunk driving, fatigue driving and other safety hazards by coordinating travel routes and planning times, and to some extent reduce the occurrence of road traffic congestion and safety accidents.
The global passenger car market will reach 55.835 million units in 2020, and is expected to reach 70.48 million units in 2026, growing at a CAGR of 4% from 2020 to 2026.
Chart 1 Global Passenger Car Shipments（ten thousand）
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2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
2026 |
CAGR (20-26) |
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Global passenger vehicle volume |
5583.5 |
6756.3 |
6814.6 |
6873.0 |
6931.3 |
6989.6 |
7048.0 |
4.0% |
|
Annual Growth Rate |
|
21.0% |
0.9% |
0.9% |
0.8% |
0.8% |
0.8% |
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Number of passenger vehicles in China |
1999.4 |
2482.1 |
2573.7 |
2665.2 |
2756.8 |
2848.3 |
2939.8 |
6.6% |
|
Annual Growth Rate |
|
24.1% |
3.7% |
3.6% |
3.4% |
3.3% |
3.2% |
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China's share of passenger cars |
35.81% |
36.74% |
37.77% |
38.78% |
39.77% |
40.75% |
41.71% |
2.6% |
|
Annual Growth Rate |
|
2.6% |
2.8% |
2.7% |
2.6% |
2.5% |
2.4% |
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According to the penetration rate of each level of smart driving（L1-L5）, it is estimated that in 2020, the passenger car shipments of smart driving cars will be 26.347 million, and it is expected to reach 59.162 million in 2026, with a compound annual growth rate of 14.4%.
Chart 3 Global Shipments of Smart Driving (ten thousand)
|
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
2026 |
CAGR (20-26) |
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L0 |
52.81% |
50.45% |
44.34% |
37.28% |
28.16% |
21.70% |
16.06% |
-18.0% |
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Annual Growth Rate |
|
-4.47% |
-12.12% |
-15.91% |
-24.47% |
-22.94% |
-25.99% |
|
|
L1 |
31.89% |
32.89% |
36.20% |
40.50% |
46.33% |
49.96% |
52.73% |
8.7% |
|
Annual Growth Rate |
|
3.13% |
10.09% |
11.88% |
14.38% |
7.84% |
5.56% |
|
|
L2 |
15.25% |
16.55% |
19.21% |
21.61% |
24.43% |
27.11% |
29.72% |
11.8% |
|
Annual Growth Rate |
|
8.58% |
16.04% |
12.51% |
13.05% |
10.95% |
9.65% |
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|
L3 |
0.04% |
0.08% |
0.19% |
0.45% |
0.87% |
0.98% |
1.17% |
76.6% |
|
Annual Growth Rate |
|
112.07% |
130.57% |
139.93% |
90.91% |
12.74% |
20.06% |
|
|
L4-L5 |
0.01% |
0.03% |
0.06% |
0.15% |
0.22% |
0.26% |
0.31% |
70.0% |
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Annual Growth Rate |
|
112.07% |
130.57% |
139.93% |
43.59% |
19.69% |
19.51% |
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