Autonomous Cars Industry Size 2019, Market Opportunities, Share Analysis up to 2025
By Market Study Report  Date: 2020-04-30Product ID: 1695166

Autonomous Cars Industry Size 2019, Market Opportunities, Share Analysis up to 2025

The Autonomous Cars Market report upholds the future market predictions related to Autonomous Cars market size, revenue, production, Consumption, gross margin and other substantial factors. Also Autonomous Cars Market is Segmented By Automation Level (Level 1, Level 2, Level 3); By Component (Camera, Sensors, Radars, LiDAR, Artificial Intelligence, Others). It also examines the role of the prominent Autonomous Cars market players involved in the industry including their corporate overview. While emphasizing the key driving factors for Autonomous Cars market, the report also offers a full study of the future trends and developments of the market.

The worldwide Autonomous Cars Market is anticipated to reach over 263,532 units by 2026 according to a new research. In 2017, North America accounted for the majority share in the global autonomous cars market.

In March 2018, Nissan announced the integration of ProPilot Assist, its semi-autonomous driver assist system into its range of Nissan Altima cars. ProPilot Assist is a Level 2 self-driving system offering speed control, distance from other cars, and lane control with minimal input from the driver. Cameras integrated into the system are capable of detecting lane markings at highway speeds, adaptive cruise control, lane-keeping, and blind spot detection.

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The major companies operating in the autonomous cars market include General Motors, Alphabet Inc., Uber, Daimler, BYD, Nissan, Honda Motor Corporation, Tesla Motors, Bayerische Motoren Werke AG, and Mercedes-Benz among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

North America is expected to dominate the global autonomous cars market during the forecast period. This is due to high living standards and high disposable income. Presence of global players in these countries taps market potential and boosts the market growth. Increasing technological advancements and significant investments in research and development for development of self-driving cars support the market growth in this region. The government regulations regarding testing of driverless automobiles on public roads enables market players to introduce advanced self-driving technologies.

The increasing adoption of connected cars, along with growing need to automate driving to reduce human errors majorly drives the autonomous cars market growth. Market players such as Google, BMW, and Mercedes are increasingly developing advanced technologies for self-driving cars. The increasing need for improved road safety, and increasing disposable income would encourage consumers to invest in autonomous cars. Other factors driving the autonomous cars market growth include technological advancement, growing adoption of IOT, and dynamic mobility services. New emerging markets, emerging consumer demographics, and significant investments in research and development would provide numerous growth opportunities in the market during the forecast period.

A Pin-point overview of TOC of Autonomous Cars Market are:

Overview and Scope of Autonomous Cars Market

  • Research goal & scope
  • Research assumptions
  • Research Methodology
  • Key take-away
  • Stakeholders
  • Market Segmentation

Autonomous Cars Market Insights

  • Industry snapshot
  • Regulatory Framework
  • Autonomous Cars Market Dynamics
  • Autonomous Cars Market Forces
  • Autonomous Cars Market Driver Analysis
  • Autonomous Cars Market Restraint/Challenges analysis
  • Autonomous Cars Market Opportunity Analysis
  • Factors Influencing Development of Autonomous Cars Market
  • Driving Forces and Market Opportunities
  • Threats and Challenges in Autonomous Cars industry
  • Forecast on Autonomous Cars Market Size
  • Forecast on Autonomous Cars Market Trend

Industry analysis - Porter's Five Force

  • Autonomous Cars Market PEST Analysis
  • Autonomous Cars Market Value Chain Analysis
  • Autonomous Cars Industry Trends
  • Company Market Share Analysis

Company Profiles

  • Overview
  • Product Benchmarking
  • Recent Developments and Technological Advancement

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