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Autonomous Cars Market Analysis By Manufacturers General Motors Company, Alphabet, Inc., Volkswagen Group, BMW AG

01-24-2020 10:15 AM CET | Tourism, Cars, Traffic

Press release from: Coherent Market Insights

Autonomous Cars Market

Autonomous Cars Market

Autonomous cars are also called as driverless cars, self-driving cars, robot car or autonomous vehicles (AVs) and are able to navigate a predetermined destination without the help of human guidance. These cars rely on a combination of advanced vehicle systems such as advanced driver-assistance systems (ADAS), advanced emergency braking system (AEBS), comprehensive vehicle tracking systems, remote controlled systems, and advanced vehicle to everything connectivity. These systems are expected to be nascent technological developments boosting growth of the autonomous cars market during the forecast period.

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Moreover, these technologies help to enhance vehicle performance and fuel efficiency, which is projected to increase consumer preference towards these cars. Growing smart city and connected infrastructure initiatives by government of various countries has led to increase in internet connectivity, road infrastructures, and highways, which will make the infrastructure suitable for autonomous cars, thereby boosting growth of the global autonomous cars market.

What does all the regional segmentation cover? Can the country of specific interest be added?
Currently, the research report pays particular attention to the following regions:
North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.), South America (Brazil, Argentina, etc.) and Middle East and Africa (Saudi Arabia, South Africa, etc.)
** A country of specific interest can be included at no additional cost. For the inclusion of more regional segments, quotes may vary.

Global autonomous cars market is expected to witness significant growth during the forecast period (2018-2026). The market growth for autonomous cars is majorly attributed to increasing disposable income.

The major restraining factor for the global autonomous cars market is high cost of embedded systems in these cars and certain limitations. For instance, airbags used in these cars inflate just once on impact, after which they need to be replaced. Moreover, these airbags are expensive.

The main key players in the industry are-
Major players operating in the global autonomous cars market include, General Motors Company, Alphabet, Inc., Volkswagen Group, BMW AG, Renault SA, Tesla, Inc., Aptiv, Plc., Audi AG, Hyundai Motor Company, Honda Motor Company, Ltd, Toyota Motor Corporation, Daimler AG (Mercedes Benz), Kia Motor Corporation, and others.

Can we add or profile a new company according to our needs?
Yes, we can add or profile a new company according to customer needs in the report. Final confirmation should be provided by the research team depending on the difficulty of the investigation.
** The availability of data will be confirmed by research in the case of a private company. Up to 3 players can be added at no additional cost.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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