Autonomous/Driverless Cars Market 2019
Market Overview
Autonomous/driverless cars are the vehicles that can run on roads without human interference. These vehicles have the capabilities to use sensors to detect objects and avoid collisions and other accidents during the ride. The autonomous/driverless cars market still has a very less number of companies, but since the market has seen tremendous support from potential buyers, regulatory authorities and other factors that were considered a challenge at during the early stage of product designing and development in the global market.
The following top manufacturers are covered:
Tesla
BMW
Daimler
BYD
Waymo
Volvo
Ford Motor
General Motors
Toyota
Nissan
Volkswagen
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Most of the autonomous/driverless cars use different motion detectors and sensors such as GPS, RADAR, LIDAR, and computer vision to navigate. To be able to stay on the road while identifying the objects and simultaneously following traffic rules and other road safety guidelines, the autonomous/driverless cars are programmed to perform as expected, however, several failed tests during the early stages of the development attracted a lot of attention from the media and enthusiasts which hampered the growth.
The global autonomous/driverless cars market saw healthy growth in the past and stood strong during the financial year 2018. Analysts believe that the market is expected to see a higher growth and is set to register a higher CAGR during the forecast period 2019 to 2015. The global autonomous/driverless cars market report focuses on the cars volume and value at the global level, company level and at the regional level as well. The report also covers regional markets by analyzing historical data and inputs from industry experts. The report also provides an in-depth analysis of future growth scenarios.
Market Segmentation
A large number of companies including the tech companies are working on autonomous/driverless cars nowadays. Considering the vastness of the market and numerous activities and classifications, analysts have studied and presented data of different market segments in the report. Based on the product type in the market, the global autonomous/driverless cars market has been segmented into two types – semi-autonomous vehicle and fully autonomous vehicle. As the name suggests, some vehicles are completely autonomous and require no human assistance, while others will still need human input. On the basis of application type, the market can be categorized in two types – household and commercial.
Regional Overview
On the basis of regions, the global autonomous/driverless cars market report studies the different categories of production, export, import, and consumption in regional markets such as North America, China, Europe, Japan, India, and Southeast Asia. The report also covers data of each key manufacturer present in the respective regions. According to analysts, North America, Asia Pacific, Europe, South America, and the MEA countries are the ones to show significant adoption rate in the autonomous/driverless cars market. That said, the analysts also revealed that North America is set to witness a higher adoption rate than others. This leads to a massive growth of the demand for autonomous/driverless cars in the North American market.
Industry News
Waymo, the self-driving vehicle division of Google’s parent company Alphabet recently sent emails to its customers saying that fully driverless cars are on the way. The email was sent to the customers living in the suburbs of Phoenix, Arizona. The email which was shared on Reddit was later authenticated by the company’s spokesperson.
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Table of Contents –Analysis of Key Points
Market Overview
Manufacturers Profiles
Global Autonomous/Driverless Cars Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
Autonomous/Driverless Cars Global Market Analysis by Regions
North America Autonomous/Driverless Cars by Country
Europe Autonomous/Driverless Cars by Country
Asia-Pacific Autonomous/Driverless Cars by Country
South America Autonomous/Driverless Cars by Country
Africa and Middle East Autonomous/Driverless Cars by Countries
Autonomous/Driverless Cars Global Market Segment by Type
Autonomous/Driverless Cars Global Market Segment by Application
Autonomous/Driverless Cars Market Forecast (2019-2025)
Sales Channel, Distributors, Traders and Dealers
Research Findings and Conclusion
Appendix
List of Tables and Figures
Continued…..
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