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Driverless Car System industry | Hugs Growth, New Technological Advancements | Google Inc., Tesla Inc., BMW, Daimler AG

06-20-2019 03:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Driverless Car System

Driverless Car System

The Driverless Car System market is propelled by the supportive government initiatives and policies for the self-driving technology. The government authorities are collaborating with automotive developers to accelerate innovations in the Driverless vehicle landscape. In 2016, the UK government launched the UK Autodrive project, which is a separate group currently testing Driverless Car System systems. The project is jointly funded by the government and auto industry leaders. Moreover, the growing concerns about safety among regulatory bodies and customers to safeguard vehicles and passengers will also drive the market.

Driverless Car System leverages the sophisticated technology delivered by the innovative temperature sensors, IR sensors, proximity sensors along with actuators giving them the robotics capabilities. According to the research conducted by National Highway Traffic Safety Association (NHTSA), adoption of the driverless vehicle in the U.S. has the tendency to save up to 72 deaths caused by road accidents.

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Market Overview
Driverless Car Systems use technologies like RADAR, LIDAR, GPS, and computer vision, in order to sense their environment. Advanced control systems that are integrated into the car can interpret the sensory inputs to detect the signboards or to avoid the collision.

Although, Level 4 and Level 5 Driverless cars are unlikely to reach wide acceptance, by 2025, there would be a rapid growth for Level 2 and Level 3 Driverless Car Systems, which have advanced driver assistance systems, like collision detection, lane departure warning, and adaptive cruise control. Fully Driverless Car Systems are not going to reach a wide customer base, unless, they are secure from cyber-attacks. If such concerns are addressed, the Driverless Car System market is estimated to reach USD 60 billion, by 2025.

Major players operating in the global Driverless Car Systems market include,
Uber Technologies Inc., Daimler AG, Google Inc., Toyota Motor Corp, Nissan Motor Co. Ltd, Volvo Cars, General Motors Company, Volkswagen AG, Tesla Inc., BMW.

Driverless Car System Types:
Semi-autonomous Vehicles
Fully-autonomous Vehicles

Table of Contents:
Chapter One Introduction of Driverless Car System Industry
Chapter Two Manufacturing Technology of Driverless Car System
Chapter Three Analysis of Global Key Manufacturers
Chapter Four 2013-2018 Global and Chinese Market of Driverless Car System
Chapter Five Market Status of Driverless Car System Industry
Chapter Six 2018-2025 Market Forecast of Global and Chinese Driverless Car System Industry
Chapter Seven Analysis of Driverless Car System Industry Chain
Chapter Eight Global and Chinese Economic Impact on Driverless Car System Industry
Chapter Nine Market Dynamics of Driverless Car System Industry
Chapter Ten Proposals for New Project
Chapter Eleven Research Conclusions of Global and Chinese Driverless Car System Industry

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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

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