Autonomous Car Market Share, Trends and Leading Players By 2025: Audi AG, Ford Motor Co., Bayerische Motoren Werke AG, General Motors Co., Nissan Motor Co. Ltd., Tesla Motors, etc.

Market Scenario:
An autonomous car also termed as driverless vehicle is a robotic vehicle designed for the means of transportation without any human intervention. It is an integration of various technologies such as a roof mounted LIDAR (Light detection and Ranging) sensors for monitoring 60 metre range around the car, radar system to calculate the distance between the obstacles, Artificial intelligence forms a key component in simulating human perception and controls the actions such as steering and brakes. Moreover, it also possesses an override system which allows human to take the control of the vehicle.

Order a Sample copy of Report@http://bit.ly/2SG84pH

Rise in the number of road traffic and injuries; have raised the demand for safe, productive and efficient driving option. This factor majorly results in driving the market growth. Increasing awareness within the people regarding the advantages of driverless car owing to enhanced mobility also supports the market growth. Favourable initiatives adopted by government to reduce growing traffic and accidents also propel the growth factor. However, lack of required infrastructure specifically in developing economies and regulatory concerns involved in the adoption of autonomous vehicles may result in hindering the market growth.

Market Scenario:
Autonomous car market is majorly bifurcated on the basis of component and fuel type. Based on the components adopted, market is bifurcated into: camera, LIDAR, Radar and ultrasonic sensor, while on the basis of fuel type market is segmented into: internal combustion engine, hybrid electric vehicles and battery electric vehicles.

Regional Analysis:
The global autonomous car market is majorly analysed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Presence of well-established infrastructure coupled with major players operating in the market is the important factor influencing the growth in North America. Expansion in the automotive sector and rising demand for efficient driving system has resulted in propelling the growth of Asia Pacific region.

Key Players:
The major key players operating in the market are: Audi AG, Ford Motor Co., Bayerische Motoren Werke AG, General Motors Co., Nissan Motor Co. Ltd., Tesla Motors, The Volvo Group, Toyota Motor Corporation, Uber Technologies Inc. and Waymo LLC. In March 2018, Toyota announced its investment of $2.8 billion in Tokyo based firm for building software for self-driving cars. Emergence of new players in the development of autonomous vehicles is enabling the market growth. In January 2018, NVidia announced its partnership with Uber, Volkswagen and Baidu for developing autonomous vehicles.

Order a discount copy of Report@ :http://bit.ly/2RuFrPd

Global Autonomous Car Market Segmentation:
By Components:
• Camera
• LIDAR
• Radar
• Ultrasonic sensor

By Fuel Type:
• Internal combustion engine
• Hybrid electric vehicles
• Battery electric vehicles

Regions Covered:
• North America (U.S and Canada and rest of North America)
• Europe (Germany, France, Italy and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
• LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)

Last, It offers in-depth information obtained through extensive primary and secondary research methods. The information has been further assessed using various effective analytical tools.

About Us:
Garner Insights is a Market Intelligence and consulting firm with an all-inclusive experience and vast knowledge of the market research industry.
Our vast storage of research reports across various categories, gives you a complete view of the ever changing and developing trends and current topics worldwide. Our constant endeavor is to keep on improving our storage information by providing rich market reports and constantly improving them.

Contact Us
Kevin Thomas
Contact No: +1 513 549 5911 (US)
+44 203 318 2846 (UK)
Email: sales@garnerinsights.com

This release was published on openPR.