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In-Depth Key Information of Autonomous Cars Market with Emerging Technology by Top Key Manufacturers like: Tesla Motors, General Motors, Alphabet Inc., Uber, Daimler, BYD, Nissan, Honda Motor Corporation,

Autonomous Cars Market

Autonomous Cars Market

North America generated the highest revenue in 2017 owing to increasing incidents of road accidents and growing safety concerns. High disposable income, and improved living standards in the region support Autonomous Cars Market growth. Technological advancements in the region, along with presence of leading market players is expected to boost the adoption of autonomous cars in North America.

The leading players 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.

Autonomous Cars Market was valued at 1,892 units in 2017 and is anticipated to grow at a CAGR of 82.7% during the forecast period.

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Autonomous Cars is a driverless car developed to travel between destinations without a human operator. An autonomous car navigates to a predetermined destination without human intervention. Google is one of the primary market players involved in the development of autonomous cars. An autonomous car uses software to calculate an efficient route based on the destination. Other components enabling efficient functioning of autonomous cars include LIDAR, sensors, radar systems, artificial intelligence software, and GPS among others.

Competitive Analysis: -

Autonomous Cars Market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

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Growth Factors and Regional Outlook: -

The demand for Autonomous Cars has increased over the years owing to rising concerns regarding road safety, and growing incidents of road accidents. Growing penetration of connected cars, and rising adoption of IOT further boosts the Autonomous Cars Market growth. The increasing advancements in technologies, growing use of mapping software, and rising investments in R&D and technological innovation further supplement the growth of market. Increase in disposable income, and improving living standards would encourage consumers to invest in autonomous cars, thereby supporting market growth.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Autonomous Cars Market. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

Table of Content of Autonomous Cars Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 Autonomous Cars Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!!!

About Us:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact Us:
Mr. Neel
Corporate Sales, USA
Polaris Market Research and Consulting
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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