Self Driving Cars And Trucks Market 2019-2026 Key Companies Analysis with Market Opportunities | Nissan Motor Company, Google LLC, Honda Motor Corporation, General Motors, Volkswagen AG, Daimler AG (Mercedes Benz), Volvo Car Corporation, BMW AG, Toyota Mo

Self-drive cars, are also identified as autonomous vehicles, are a key adaptation in the automotive industry. These vehicles have high growth potential and are acting as a catalyst in cutting edge technology of automobiles.

Global Self Driving Cars and Trucks Market are expected to grow at a CAGR of 58.2% during the forecast period.

Rising R & D expenditure in autonomous vehicle development, rising number of regulations, rising safety concerns and advancements in automotive technologies are some factors impacting the market growth. However, uncertainty and System reliability in user acceptance are hampering the market.

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Some of the key players in the global market are Nissan Motor Company, Google LLC, Honda Motor Corporation, General Motors, Volkswagen AG, Daimler AG (Mercedes Benz), Volvo Car Corporation, BMW AG, Toyota Motor Corporation, Audi AG, Ford Motor Company and Tesla, Inc.

Amongst Component, radar sensor segment accounted for significant market share in the global market as the developers are looking at high-resolution radar sensor for short-range and autonomous-car applications.

Components Covered:
- Light Detection and Ranging (LiDAR) Sensor
- Ultrasound Sensor
- Video Cameras
- Central Computing System
- Radar Sensor
- GPS Navigation System

Applications Covered:
- Defense
- Transportation

By geography, North America acquired the largest market share in the global market owing to changes in traffic policy to incorporate autonomous cars on public roads. The regulation is slowly being adopted across all U.S. states to make transportation fully autonomous.

Thus the Self Driving Cars And Trucks Market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Market to offer worthwhile insights and current scenario for making right decision.

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Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Self Driving Cars and Trucks Market, By Component

6 Global Self Driving Cars and Trucks Market, By Application

7 Global Self Driving Cars and Trucks Market, By Geography

8 Key Developments

9 Company Profiling

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This release was published on openPR.