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Autonomous Cars Market Competitive Landscape & Regional Analysis Forecast To 2024 Daimler AG, Fait Chrysler Automobiles, Ford Motor Company, General Motors Company, Honda Motor Company

Autonomous Cars Market

Autonomous Cars Market

The players in the autonomous cars market are Waymo, Autoliv, BMW, Bosch, Continental, FCA, Ford, General Motors, Hyundai, Toyota, Uber, Volkswagen, Nvidia, Subaru, Tesla, Intel, Jaguar, Nissan, Honda, Daimler, Baidu, Aptiv, and Volvo. The automotive cars market is highly competitive due to the presence of a large number of players in the market.

Europe accounted for a major stake of over 40% in the autonomous cars market in 2017. The presence of major automakers and the increasing number of investments in the auto tech sector have supported the growth of the market. The government in the region has also invested extensively to improve the road and telecom infrastructure to help self-driving cars to communicate with the surrounding environment in a better manner.

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Autonomous Cars Market is anticipated to exceed 60 million units by 2024. The market is driven by the increasing R&D activities for the development of self-driving technology. The automakers around the world are implementing various strategies to accelerate the innovations in the self-driving vehicles landscape. The autonomous cars industry is promising lucrative returns to all the parties involved in the production & distribution of autonomous technology. In addition, the growing concerns about vehicle safety among the regulatory authorities have driven them to implement stringent vehicle safety regulations.

The technological advancements in the autonomous industry are fast outdoing the existing regulatory framework. Therefore, the gap between the regulatory framework and the self-driving technology is steadily widening. Moreover, the lack of adequate road infrastructure is also plaguing the growth of the autonomous cars market.

Internal Combustion Engine (ICE) cars hold a majority share in the autonomous cars market with a market share of over 95% in 2017. This growth is attributed to the high demand for ICE-based cars in emerging nations such as India and Brazil. However, the rising concerns toward environmental safety and the increasing number of government regulations to reduce carbon emissions have restricted the growth of the ICE cars market. The supportive government policies such as tax benefits and subsidiaries are fostering the growth of the Hybrid Electric Vehicle (HEV) market.

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Glimpse of Table of Content (ToC): -
Chapter 5. Global Autonomous Cars Market, By Level of Autonomy

5.1. Key trends, by level of autonomy
5.2. Level-1
5.2.1. Market estimates and forecast, 2015 - 2024
5.2.2. Level-1 cars market, by type, 2015 - 2024
5.3. Level-2
5.3.1. Market estimates and forecast, 2015 - 2024
5.3.2. Level-2 cars market, by type, 2015 - 2024
5.4. Level-3
5.4.1. Market estimates and forecast, 2015 - 2024
5.4.2. Level-3 cars market, by type, 2015 - 2024
5.5. Level-4
5.5.1. Market estimates and forecast, 2015 - 2024
5.5.2. Level-4 cars market, by type, 2015 - 2024
Chapter 6. Global Autonomous Cars Market, By Type
6.1. Key trends, by type
6.2. Internal combustion engine (ICE) vehicle
6.2.1. Market estimates and forecast, 2015 - 2024
6.3. Hybrid electric vehicle (HEV)
6.3.1. Market estimates and forecast, 2015 – 2024
6.4. Battary electric vehicle (BEV)
6.4.1. Market estimates and forecast, 2015 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/autonomous-car-market

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Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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