GITNUX MARKETDATA REPORT 2024

Car Technological Advancement Statistics

Car technological advancements are rapidly increasing with the integration of artificial intelligence, autonomous driving features, and connectivity options to improve safety and efficiency.

Highlights: Car Technological Advancement Statistics

  • 23% of new cars globally are expected to be fitted with some form of telematics system by 2025.
  • There were 131 million smart entrance control units globally in 2019, which include those in cars.
  • The market for electric cars grew by 43% worldwide in 2020.
  • It's predicted that there will be up to 8 million autonomous or semi-autonomous vehicles worldwide by 2025.
  • By 2025, around 58 million cars with some form of Internet connectivity are expected to be sold worldwide.
  • An estimated 79 million new cars were sold worldwide in 2019.
  • There were 44 million registered electric vehicles worldwide by the end of 2020.
  • Autonomous car market is expected to reach $556.67 billion by 2026.
  • Lights and wipers activated by sensors are features in over half of new cars produced.
  • About 15% of cars on US roads have voice recognition capabilities.
  • The global market for automotive artificial intelligence was valued at $1.41 billion in 2017.
  • The global market for car connectivity and services is expected to be worth over $500 billion by 2027.
  • Autonomous vehicles on the road worldwide will increase from 400,000 in 2025 to more than 4.9 million by 2035.
  • In 2017, the global connected car market was valued at $63 billion.
  • The value of global automotive IoT market will reach $541.73 billion by 2025.
  • About 75% of the estimated 92 million cars shipped globally in 2020 will be built with internet-connection hardware.
  • The electric vehicle market is projected to reach $802.81 billion by 2027.
  • The semi-autonomous vehicle market is projected to reach $240 billion by 2027.
  • The self-driving car market will reach $173.15 billion by 2023.

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The Latest Car Technological Advancement Statistics Explained

23% of new cars globally are expected to be fitted with some form of telematics system by 2025.

The statistic “23% of new cars globally are expected to be fitted with some form of telematics system by 2025” indicates the projected adoption rate of telematics technology in the automotive industry. Telematics systems are advanced technologies that combine telecommunications and information processing, allowing for data collection and communication within vehicles. The forecast suggests that nearly a quarter of all new cars sold worldwide by 2025 will be equipped with telematics features, such as GPS navigation, vehicle diagnostics, and communication systems. This trend signals a significant shift towards more connected and technologically advanced vehicles, offering various benefits such as improved safety, efficiency, and enhanced driving experiences for consumers.

There were 131 million smart entrance control units globally in 2019, which include those in cars.

The statistic stating that there were 131 million smart entrance control units globally in 2019, including those in cars, indicates the widespread adoption of enhanced access control technology in various sectors such as buildings, vehicles, and other related industries. The term ‘smart entrance control units’ likely refers to advanced systems that use technology such as biometrics, RFID, or other authentication methods to regulate access to certain areas or devices. The inclusion of smart entrance control units in cars suggests the integration of cutting-edge technology in the automotive sector to enhance security features within vehicles. This statistic highlights the growing significance of smart technologies in ensuring safety, security, and convenience in different environments worldwide.

The market for electric cars grew by 43% worldwide in 2020.

The statistic that the market for electric cars grew by 43% worldwide in 2020 indicates a significant increase in the adoption and popularity of electric vehicles during that year. This growth represents a substantial shift towards more sustainable transportation solutions and reflects increasing awareness and concerns about environmental issues such as climate change and air pollution. The 43% increase suggests a strong and accelerating trend towards electric vehicles, likely driven by advancements in technology, government incentives, and shifting consumer preferences towards more eco-friendly options. This growth also reflects a potential transition towards a greener and more sustainable future in the automotive industry, highlighting the increasing importance of electric vehicles in achieving global sustainability goals.

It’s predicted that there will be up to 8 million autonomous or semi-autonomous vehicles worldwide by 2025.

The statistic indicates a forecast that suggests there will be a significant increase in the number of autonomous or semi-autonomous vehicles globally by the year 2025. Specifically, the prediction estimates that the total number of these advanced vehicles on the roads worldwide could reach up to 8 million units by that time. This projection implies a substantial growth in the adoption and integration of autonomous technology within the automotive industry over the coming years, potentially transforming the way people commute and transport goods. The statistic highlights the rapid advancement and increasing popularity of autonomous vehicles as a promising innovation in transportation technology.

By 2025, around 58 million cars with some form of Internet connectivity are expected to be sold worldwide.

The statistic suggests that by the year 2025, about 58 million cars equipped with Internet connectivity features are projected to be sold globally. This indicates a growing trend towards integrating advanced technology into vehicles to enhance connectivity, data accessibility, and user experience. Such Internet-enabled cars can offer benefits like real-time navigation, entertainment streaming, and vehicle diagnostics. The figure highlights the increasing consumer demand for smart and connected vehicles as the automotive industry continues to innovate and adapt to the digital age. This trend underscores the importance of technology in shaping the future of the automotive sector and reflects a shift towards a more connected and tech-savvy driving experience for consumers worldwide.

An estimated 79 million new cars were sold worldwide in 2019.

This statistic conveys that approximately 79 million new cars were purchased globally in the year 2019. This figure represents the total number of new cars sold across various regions and markets around the world during that specific year. This information provides insight into the state of the automotive industry, consumer behavior, and overall economic trends on a global scale. Understanding the volume of new car sales can be crucial for manufacturers, policymakers, and analysts to assess market demand, make business decisions, and anticipate future trends in the automotive sector.

There were 44 million registered electric vehicles worldwide by the end of 2020.

The statistic ‘There were 44 million registered electric vehicles worldwide by the end of 2020’ highlights the significant growth and adoption of electric vehicles as an alternative to traditional gasoline-powered cars. This number signifies an increasing global emphasis on sustainable transportation and reducing carbon emissions to combat climate change. The surge in electric vehicle registrations also reflects advancements in technology, government incentives, and a shifting consumer preference towards greener and more environmentally friendly modes of transportation. As more countries and automakers continue to invest in electric vehicle infrastructure and development, the number of registered electric vehicles is expected to further rise in the coming years, paving the way for a more sustainable transportation future.

Autonomous car market is expected to reach $556.67 billion by 2026.

The statistic suggests that the autonomous car market is projected to grow substantially, with an expected value reaching $556.67 billion by the year 2026. This indicates a significant increase in the demand and adoption of autonomous vehicles in the near future. Such growth may be driven by advancements in technology, increasing consumer acceptance of self-driving cars, regulatory changes promoting autonomous vehicle deployment, and investments from key industry players. The expanding market size highlights the potential economic opportunities and societal impacts associated with the widespread adoption of autonomous vehicles in the coming years.

Lights and wipers activated by sensors are features in over half of new cars produced.

The statistic suggests that advanced sensor technology for controlling lights and wipers is a prevalent feature in the automotive industry, with more than 50% of new cars being equipped with these automated systems. This trend highlights the increasing integration of smart technologies in modern vehicles, aiming to enhance driver convenience, safety, and efficiency. By using sensors to automatically activate lights and wipers based on environmental conditions such as darkness or rain, manufacturers are offering drivers a more seamless driving experience. This statistic underscores the growing importance of automation and innovation in the automotive sector as it continues to evolve to meet the demands of the modern consumer.

About 15% of cars on US roads have voice recognition capabilities.

The statistic indicates that approximately 15% of the total number of cars currently in use on roads in the United States are equipped with voice recognition capabilities. This means that a small but noticeable portion of vehicles allows drivers to interact with various functions using voice commands. Voice recognition technology in cars enables hands-free operation of features such as making phone calls, adjusting the radio, setting navigation directions, and more. As this technology becomes more prevalent and advanced, it has the potential to enhance the overall driving experience by promoting safety and convenience for drivers.

The global market for automotive artificial intelligence was valued at $1.41 billion in 2017.

The statistic stating that the global market for automotive artificial intelligence was valued at $1.41 billion in 2017 indicates the substantial financial investment being made in incorporating AI technologies within the automotive industry. This value signifies the significant opportunities and growth potential that AI offers within the automotive sector. The increasing adoption of AI in vehicles for functions such as advanced driver assistance systems, autonomous driving, predictive maintenance, and personalized user experiences is driving this market value. As technology continues to advance and more applications are developed, it is expected that the market for automotive artificial intelligence will continue to expand in the coming years.

The global market for car connectivity and services is expected to be worth over $500 billion by 2027.

The statistic stating that the global market for car connectivity and services is projected to exceed $500 billion by 2027 highlights the growing significance of technology in the automotive industry. This data suggests a notable increase in the demand for connected car features such as in-vehicle infotainment systems, telematics, and other internet-enabled services. The substantial market value also signifies the expanding consumer preference for smart and connected vehicles that offer advanced functionalities and enhanced driving experiences. This trend underscores the evolution of the automotive sector towards greater connectivity and digitalization, indicating significant opportunities for companies operating in this market to innovate and capitalize on the burgeoning demand for intelligent automotive solutions.

Autonomous vehicles on the road worldwide will increase from 400,000 in 2025 to more than 4.9 million by 2035.

This statistic indicates the significant growth expected in the number of autonomous vehicles on the road globally over the next decade. The data suggests a tenfold increase from 400,000 autonomous vehicles in 2025 to more than 4.9 million by 2035, highlighting the rapid adoption of this technology in the automotive industry. This growth trend reflects advancements in self-driving technology, increasing consumer acceptance, and regulatory developments supporting the deployment of autonomous vehicles. The expanding presence of autonomous vehicles is expected to have far-reaching implications for transportation systems, urban planning, safety regulations, and various industries reliant on transportation logistics, emphasizing the transformative impact of this emerging technology on society.

In 2017, the global connected car market was valued at $63 billion.

The statistic “In 2017, the global connected car market was valued at $63 billion” indicates the total estimated worth of the connected car industry worldwide during that year. This valuation likely includes revenue generated from various sectors within the connected car market, such as hardware, software, connectivity solutions, and services. The large market value suggests the significant growth and demand for connected car technologies, which enable vehicles to be interconnected with the internet, other vehicles, and infrastructure to provide advanced features like navigation, safety enhancements, and infotainment. The increasing reliance on technology in the automotive industry further highlights the importance of connected car solutions in shaping the future of transportation.

The value of global automotive IoT market will reach $541.73 billion by 2025.

The statistic signifies the projected growth of the global automotive Internet of Things (IoT) market, indicating that it is expected to expand significantly to reach a value of $541.73 billion by the year 2025. This indicates a substantial increase in the adoption and integration of IoT technology within the automotive industry worldwide, encompassing various applications such as connected vehicles, smart manufacturing, predictive maintenance, and driver assistance systems. The projection implies a growing trend towards digital connectivity and automation in the automotive sector, driven by advancements in technology, changes in consumer preferences, and the pursuit of enhanced efficiency, safety, and convenience in vehicles.

About 75% of the estimated 92 million cars shipped globally in 2020 will be built with internet-connection hardware.

This statistic indicates that a significant majority, specifically 75%, of the estimated 92 million cars to be shipped globally in 2020 will come equipped with internet-connection hardware. This suggests a growing trend in the automotive industry towards integrating internet connectivity into vehicles, enabling features such as navigation systems, entertainment services, and real-time data sharing. The increasing presence of internet-connected cars reflects the broader shift towards smart technologies and digitalization within the automotive sector, highlighting the importance of connectivity and data-driven functionalities in modern vehicles.

The electric vehicle market is projected to reach $802.81 billion by 2027.

The statistic indicating that the electric vehicle market is projected to reach $802.81 billion by 2027 is a significant forecast that highlights the growing importance and economic potential of electric vehicles in the global automotive industry. This projection suggests a substantial increase in market size, reflecting the increasing demand for sustainable transportation solutions and the shift towards environmentally friendly vehicles. The anticipated growth in the electric vehicle market indicates opportunities for investment, innovation, and job creation within the industry, as well as potential benefits for reducing greenhouse gas emissions and promoting sustainability in the transportation sector.

The semi-autonomous vehicle market is projected to reach $240 billion by 2027.

The statistic that the semi-autonomous vehicle market is projected to reach $240 billion by 2027 indicates the anticipated size and growth of this market segment over the next few years. This forecast suggests a significant increase in the adoption and production of semi-autonomous vehicles, driven by advancements in technology, increasing consumer demand for safer and more efficient transportation options, and regulatory support for autonomous driving technologies. The projected value of $240 billion highlights the economic potential of this market, attracting investments and driving innovation from various industry players such as automotive manufacturers, technology companies, and transportation service providers.

The self-driving car market will reach $173.15 billion by 2023.

The statistic that the self-driving car market will reach $173.15 billion by 2023 indicates the projected total value of the market for autonomous vehicles by that year. This figure suggests significant growth in the industry, driven by advancements in technology, increasing consumer acceptance, and investment from various stakeholders. The sizeable market value reflects the potential economic impact and opportunities within the self-driving car sector, with continued innovation and adoption expected to further drive growth in the coming years.

Conclusion

With the rapid advancements in car technology, it is clear that the automotive industry is constantly evolving to meet the demands of modern consumers. From autonomous vehicles to electric cars, the statistics presented in this blog post highlight the exciting progress being made in the field of car technology. As we look towards the future, it is certain that these innovations will continue to shape the way we drive and interact with vehicles on the road.

References

0. – https://www.www.statista.com

1. – https://www.www.businessinsider.com

2. – https://www.www.mordorintelligence.com

3. – https://www.www.fortunebusinessinsights.com

4. – https://www.www.alliedmarketresearch.com

5. – https://www.www.marketsandmarkets.com

6. – https://www.www.iea.org

7. – https://www.www.businesswire.com

8. – https://www.www.nextbigfuture.com

9. – https://www.www.prnewswire.com

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How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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