Press release
Autonomous Luxury Vehicle Market In 2018: Depth Analysis With Top Companies Like Tesla, BMW Group, AUDI AG, Porsche, Valeo, Bosch, Waymo, Continental, Panasonic Automotive, DENSO, Changan Automobile, SAIC Motor, BAIC International
Autonomous Luxury Vehicle
The Autonomous Luxury Vehicle Market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The Global Market is expected to reach 27905.5 units by 2025, from 2477.60 units in 2017 growing at a CAGR of 35.34% during the forecast period of 2018 to 2025.
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Forecasting Analysis On Global Autonomous Luxury Vehicle Market Analysis By Component (Biometric Sensors, Camera Unit, LiDAR Sensors, Radar Sensors, Ultrasonic Sensors), Body Type (Sedan, Hatchback, SUV), Fuel Type (Internal Combustion Engine, Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Vehicle, Others) and Geography. The key players operating in the global autonomous luxury vehicle market are –
· AUDI AG
· BMW AG
· NIO
· Porsche Inc
· Tesla
· Robert Bosch
· Mercedes-Benz
· Changan Automobile
· Saic Motor Corporation
· Baidu
· Baic Motor
· Waymo
· Panasonic
· Continental AG
· Denso Corporation
Other players: Visteon Corporation, Nippon Seiki Co.Ltd, Pioneer Corporation, Denso, Delphi Automotive, Infineon Technologies, NXP Semiconductors, Valeo, Texas Instruments, ZF Friedrichshafen, Magna International, Cisco Systems, Harman, Garmin, Microvision, Inc., among other.
The global autonomous luxury vehicle market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of autonomous luxury vehicle market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
· According to statista, the automotive supplier’s industry is estimated to grow around USD 24.5 billion by 2050. For instance, In 2016 The International Council on Clean Transportation (ICCT), stated that the Europe hybrid-electric vehicles market share grew by 1.8% of all new cars.
· In Spain, the hybrid car market share increased by 2.7% in 2016 from 1.8% in 2015.
· According to an article published recently by trading economics, the sales of vehicles in China will rise by 9.6 % in the year 2018 and around 2.29 million units has been sold by the end of the May in 2018.
· In 2018, Tesla introduces Model 3 and model S vehicle which is equipped with autopilot version 8.1 and version 701 respectively and one camera.
This shows that the automotive sector is growing, which in turn is driving the demand of autonomous luxury vehicles.
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Segmentation: Global Autonomous Luxury Vehicle Market
By Component
· Biometric Sensors
· Camera Unit
· LiDAR Sensors
· Radar Sensors
· Ultrasonic Sensors
By Body Type
· Sedan
· Hatchback
· SUV
By Fuel Type
· Internal Combustion Engine (ICE)
· Battery Electric Vehicle (BEV)
· Fuel Cell Electric Vehicle (FCEV)
· Hybrid Vehicle
· Others
By Geography
· North America
o U.S.
o Canada,
o Mexico
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
· Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
· South America
o Brazil
o Rest of South America
· Middle East & Africa
o South Africa
o Rest of MEA
Market Drivers:
· Growing connected vehicle technology and dynamic mobility application.
· Raising demand for need for safe, productive and efficient driving experience.
· High demand for luxury autonomous vehicles in the automotive industry.
Market Restraint:
· Non-availability of required infrastructure in developing countries.
· High cost of cyber security and safety concerns.
Key Insights in the report:
· Historical and current market size and projection up to 2025.
· Market trends impacting the growth of the global autonomous luxury vehicle market.
· Analyse and forecast autonomous luxury vehicle market on the basis of component, body type and fuel type.
· Trends of key regional and country-level markets for product component, body type and fuel type.
· Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Regional Customization or Other Query, Speak to Research Analyst: https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-autonomous-luxury-vehicle-market
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