APAC's AV computer system fitment market to grow at 9.7% CAGR

The growth is projected to happen over 2024 to 2029.

The autonomous vehicle (AV) computer system hardware fitment market in Asia Pacific (APAC) is projected to reach a compound annual growth rate (CAGR) of 9.7% from 2024 to 2029, according to GlobalData.

The Sector Innovation Report: Autonomous Driving Systems—Q2 2024 revealed that the AV computer system hardware fitment market in APAC is estimated at 21.6 million units in 2024 and is forecast to reach 34.5 million units by 2029.

Utilising artificial intelligence (AI) and machine learning, companies are creating vehicles capable of autonomous operation.

Adaptive cruise control is increasingly popular among consumers of mid-range and luxury vehicles.

To appeal to the growing market in countries like Japan, South Korea, China, and India, automakers are incorporating Level 1 and Level 2 autonomous features, including adaptive cruise control, collision avoidance, blind spot detection, and pedestrian detection.

For example, Baidu from China filed patents for technologies such as neural task planners for autonomous vehicles and real-time object behaviour prediction.

Similarly, Aptiv has filed patents for advanced autonomous features, such as detecting road anomalies and trajectory prediction for precomputed or dynamically generated banks of trajectories.

“Their innovations in autonomous driving systems are redefining the driving experience and enhancing road safety and efficiency. These features require the fitment of advanced hardware in the vehicles, which is expected to drive the AV computer system hardware fitment market,” said Gorantala Sravan Kumar, Associate Project Manager, Automotive at GlobalData.

APAC countries are also investing in digital infrastructure, including 5G networks, essential for high-speed vehicle communication.

Follow the link for more news on

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit