Press release
Autonomous Cars Market Share to 2018 – prominent Key Player are Autoliv, BMW Group, Continental, Ford Motor Company
North America is expected to dominate the global autonomous cars market during the forecast period.The worldwide Autonomous Cars Market is anticipated to reach over 263,532 units by 2026 according to a new research published by Polaris Market Research. In 2017, North America accounted for the majority share in the global autonomous cars market.
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The major companies operating 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.
These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
The increasing adoption of connected cars, along with growing need to automate driving to reduce human errors majorly drives the autonomous cars market growth. Market players such as Google, BMW, and Mercedes are increasingly developing advanced technologies for self-driving cars.
The increasing need for improved road safety, and increasing disposable income would encourage consumers to invest in autonomous cars. Other factors driving the autonomous cars market growth include technological advancement, growing adoption of IOT, and dynamic mobility services. New emerging markets, emerging consumer demographics, and significant investments in research and development would provide numerous growth opportunities in the market during the forecast period.
Browse Complete Summary of this report @ https://www.polarismarketresearch.com/industry-analysis/autonomous-cars-market/
In March 2018, Nissan announced the integration of ProPilot Assist, its semi-autonomous driver assist system into its range of Nissan Altima cars. ProPilot Assist is a Level 2 self-driving system offering speed control, distance from other cars, and lane control with minimal input from the driver. Cameras integrated into the system are capable of detecting lane markings at highway speeds, adaptive cruise control, lane-keeping, and blind spot detection.
This is due to high living standards and high disposable income. Presence of global players in these countries taps market potential and boosts the market growth. Increasing technological advancements and significant investments in research and development for development of self-driving cars support the market growth in this region. The government regulations regarding testing of driverless automobiles on public roads enables market players to introduce advanced self-driving technologies.
Key Players:
1. General Motors
2. Alphabet Inc.
3. Uber
4. Daimler
5. BYD
6. Nissan
7. Honda Motor Corporation
8. Tesla Motors
9. Bayerische Motoren Werke AG
10. and Mercedes-Benz among others
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. 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.
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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