New York, NY -- (SBWIRE) -- 05/29/2019 -- Latest Survey on Autonomous Vehicle Market
The Autonomous Vehicle Market is propelled by supportive government initiatives and policies that promote self-driving technology. State and local governments of various countries around the globe have started automated vehicle testing and operation. Governments are collaborating with vehicle manufacturers and technology providers to accelerate innovations in the autonomous vehicle landscape. In 2018, the U.S. Department of Transportation released its latest set of voluntary guidelines for automated driving systems. The continuing evolution of automotive technology aims to deliver greater safety benefits with automated driving vehicles.
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The global autonomous vehicle market accounted for over USD 10.5 billion in 2017 and is expected to grow at a CAGR of 12.1% during the forecast period, 2019–2026.
Global Autonomous Vehicle Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Autonomous Vehicle industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Autonomous Vehicle industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
Some of the prominent players in the market are General Motors (U.S.), Google (U.S.), Volkswagen (Germany), Ford Motor Company (U.S.), BMW (Germany), Baidu (China), Tesla (U.S.), Toyota (Japan), Audi (Germany), and Jaguar (U.K.).
The Autonomous Vehicle Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Autonomous Vehicle industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Autonomous Vehicle market since the past few years.
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Market Segmentation:
By Level of Automation, Level 1, Level 2, Level 3, Level 4, Level 5,
By Component, Hardware, Software, Service,
By Application, Passenger Cars, Public Transportation, Commercial Applications, Air Taxis
The competitive landscape:
The competitive landscape of the Autonomous Vehicle market is a highly crucial section of the report that creates a firm portrait of the market's key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
Historical inferences, findings & analysis of the Autonomous Vehicle market from 2016 to 2018
Projections and performance forecast analysis for the future from 2019 to 2026
Production and consumption point of view (POV) analysis
Autonomous Vehicle Market drivers, restraint and opportunity analysis, to define Autonomous Vehicle market dynamics covering industry, regulatory, innovation, technological & pricing trends
Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Autonomous Vehicle market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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