The global construction industry experienced a 69% drop in company filings mentions of autonomous vehicles in Q2 2023 compared with the previous quarter, with the highest share accounted for by CNH Industrial with 60% year-on-year decrease, according to GlobalData’s analysis of over 41 construction company filings. Driven by environmental benefits and its effect on fuel economy, the autonomous light vehicle sector has an emerging role to play in various sectors. The market size analysis, major suppliers, top 14 markets, technology trends and detailed related-componeGlobalData’s Automotive Autonomous Vehicles Market Trend Analysis and Forecast, 2021-2036 report. Buy the report here.
Notably, autonomous vehicles was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of cryptocurrencies and mobile, according to GlobalData.
Of the top leading companies in the construction industry, CNH Industrial had the greatest increase in references for autonomous vehicles in Q2 2023, compared with the previous quarter. GlobalData identified 12 autonomous vehicles-related sentences in the company's filings - 0.3% of all sentences - and an increase of 100% in Q2 2023 compared with Q2 2022. Mitsubishi Heavy Industries’s mentions of autonomous vehicles rose by 100% to 1.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for autonomous vehicles in Q2 2023 was 110.
For further understanding of GlobalData's Automotive Autonomous Vehicles Market Trend Analysis and Forecast, 2021-2036 buy the report here.