An autonomous car is refer as a vehicle which can guide automatically by itself without any human conduction. This type of vehicle has become a concrete reality and may cover the way for future systems where computers has take over the art of driving. An autonomous car has various name like it is also known as driverless car, self-driving car or robot car.
The market study is being classified by Type (Fully-Autonomous Cars and Semi-Autonomous Cars), by Application (Passenger Cars, Public Transportation, Commercial Applications and Air Taxis) and major geographies with country level break-up. According to AMA, the Global Autonomous Cars market is expected to see growth rate of 36.2% and may see market size of USD173.15 Billion by 2024.
Advance Market Analytics recently introduced Global Autonomous Cars Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. Autonomous Cars Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.
Major Key Players in This Report Include,
Microsoft (United States), Apple (United States), Cisco (United States), IBM (United States), Uber (United States), Mercedes-Benz (Germany), Google (United States), Toyota (Japan), Nissan (Japan) and Volvo (Sweden)
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Market Drivers
- Rising incidences of road accidents, and increase in the demand for automation
Market Trend
- Increasing development and introduction of HD maps
Restraints
- Rising security threats associated to the wide-ranging networks which will connect with autonomous cars
Opportunities
- Growing development of autonomous fleet services of cab and parcel delivery
Challenges
- Privacy and security theft related issue and lack of proper infrastructure which is needed to support autonomous cars, poses several challenges for manufacturers
This market research report looks into and analyzes the Global Autonomous Cars Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.
This research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Autonomous Cars Market research report include SWOT analysis.
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The titled segments and Market Data Break Down are illuminated below:
The Study Explore the Product Types of Autonomous Cars Market: Fully-Autonomous Cars, Semi-Autonomous Cars
Key Applications/end-users of Global Autonomous Cars Market: Passenger Cars, Public Transportation, Commercial Applications, Air Taxis
Value Chain: Original Equipment Manufacturers (OEMs), Telecom Companies, Infrastructure Providers, Online Services Providers, Software & Services Providers, High-Tech Device Manufacturers
Component: Development Tools, Processing Units/Platforms, Sensors, Connectivity Solutions, Mapping Solutions, Security & Safety Devices, Autonomous Solutions
End User: Civil Use, Business, Military and defence
Top Players in the Market are: Microsoft (United States), Apple (United States), Cisco (United States), IBM (United States), Uber (United States), Mercedes-Benz (Germany), Google (United States), Toyota (Japan), Nissan (Japan) and Volvo (Sweden)
List of players also available in Coverage: General Motors (United States), Volkswagen (Germany), Tesla (United States) and BMW (Germany)
The regional analysis of Global Autonomous Cars Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.
The Global Autonomous Cars Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.
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Strategic Points Covered in Table of Content of Global Autonomous Cars Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Autonomous Cars market
Chapter 2: Exclusive Summary – the basic information of the Autonomous Cars Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Autonomous Cars
Chapter 4: Presenting the Autonomous Cars Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Autonomous Cars market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Autonomous Cars Market is a valuable source of guidance for individuals and companies.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Autonomous Cars Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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