New York, NY -- (SBWIRE) -- 07/11/2019 -- The detailed market intelligence report on the Self-driving Car market applies the best of both primary and secondary research to weighs upon the competitive landscape and the prominent market players expected to dominate the Self-driving Car market for the forecast period, 2018 - 2023. The study not only scans through the company profile of the major vendors but also analyses their winning strategies to give business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space. A detailed evaluation of the major events such as acquisition and mergers, collaborations, product launches, new entrants, and technology advancements offer a complete overview of what the future of the Self-driving Car market will be like in the years to come.

Global Self-driving Car Market:
A self-driving car also known as the driverless car or an autonomous car or robotic car uses a combination of, cameras, radars sensor, GPS system and artificial intelligence (AI) to travel between destinations without the need of any human drivers. To quantify as self-driving cars must be able to drive to a predetermined destination without human conduction. It is expected that the self-driving car would reduce car crash by up to 90%. The global self-driving car market is expected to expand at a CAGR of 50.9%, leading to global revenue of USD 155.69 Bn by 2024.
Artificial technologies power self-driving cars system. The software developer and car-manufacturer use vast amount of data from the sensors, image recognition that are integrated with machine learning that helps to build the autonomous car. The advanced control system use information from GPS and sensory to map the navigation path. Car manufacturers are investing heavily in artificial intelligence to succeed in the era of self-driving cars.

The major players covered in this report are:
Apple, Microsoft, IBM, Cisco, Waymo, Toyota, Volvo, General Motors, Tesla, Nissan

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Key growth factors:
The increasing concern for road safety and the automotive technological advancement are some other drivers which are making this market grow. To sustain a safe and efficient transportation system, this is important.
When a car can drive itself back home or pick up another person, not many cars will be needed on the road. This will result in less traffic, more available parking space, a greener environment, etc.

On the basis of automation type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:
- Semi-autonomous
- Fully-autonomous

Most important application of Self-driving Car products covered in this report are:
- Personal use
- Commercial use

On the basis of automation type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:
- Radar
- Lidar
- Automotive vehicle camera
- Ultrasonic sensor
- GPS navigation system

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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Self-driving Car industry for the forecast period 2018-2023?
- What are the major driving forces expected to impact the development of the Self-driving Car market across different regions?
- Who are the major driving forces expected to decide the fate of the industry worldwide?
- Who are the prominent market players making a mark in the Self-driving Car market with their winning strategies?
- Which industry trends are likely to shape the future of the industry during the forecast period 2018-2023?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Self-driving Car market?

What's covered in the report?
1. Overview of the global self-driving car market
2. Market drivers and challenges in the global self-driving car market
3. Market trends in the global self-driving car market
4. Historical, current and forecasted market size data for the global self-driving car market
5. Historical, current and forecasted market size data for the applications of cars in global self-driving car market (personal use and commercial use)
6. Historical, current and forecasted market size data for the automation level in the global self-driving car market (semi-automation and fully-automation)
7. Historical, current and forecasted market size data for the technology components in the global self-driving car market (radar sensors, video cameras, lidar sensors, ultrasound sensors and GPS navigation systems)
8. Historical, current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa) market size data for the global self-driving car market
9. Analysis of the competitive landscape and profiles of major companies operating in the market
10. Key recent developments in the global self-driving car market

Why buy?
o Understand the demand for global Self-driving Car to determine the viability of the market.
o Identify the developed and emerging markets where Self-driving Car services are offered.
o Identify the challenge areas and address them.
o Develop strategies based on the drivers, trends and highlights for each of the segments.
o Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.
o Recognize the key competitors of this market and respond accordingly.
o Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.
o Define the competitive positioning by comparing the products and services with the key players in the market.

Key elements from table of content:
Chapter 8: Company Profiles
8.1. Apple
- Company snapshot
- Product/services
- Global presence
- Recent initiatives
- Geographic share of revenue
- Growth strategy
8.2. Microsoft
8.3. IBM
8.4. Cisco
8.5. Waymo
8.6. Toyota
8.7. Volvo
8.8. General Motors
8.9. Tesla
8.10. Nissan
Continued…

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