Autonomous Cars Market Trends 2024: Aptiv PLC, Autoliv Inc., Baidu Inc., BMW AG, Bosch GMBH, Continental AG, Daimler AG, Fait Chrysler Automobiles, Ford Motor Company, General Motors Company, Honda Motor Company Ltd., Hyundai Motor company, Intel

A detailed analysis of the autonomous cars market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the autonomous cars industry report also contains information on the pivotal industry insights for core players to look out for.

The level-1 based autonomous cars market is primarily driven by the rising road-safety concerns around the world as more and more vehicles are added to the roads each year. The increasing road-safety concerns have prompted governments across the world to introduce programs that mandate the incorporation of ADAS inside vehicles to ensure passenger safety. Programs such as the National Highway Traffic Safety Administration (NHTSA) in the U.S and the New Car Assessment Program (NCAP) in the European Union have impelled vehicle manufacturers to deploy vehicles that include a built-in level-1 semi-autonomous system.

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Level of Autonomy analysis:

Level of Autonomy segmentation: The report claims that the Level of Autonomy landscape of the autonomous cars market is subdivided into -

o Level-1
o Level-2
o Level-3
o Level-4

Important pointers encompassed pertaining to the Level of Autonomy spectrum:
o Major details about the Level of Autonomy spectrum are provided in the report.
o The study elaborates on the remuneration forecast of each of the Level of Autonomy categories by the end of the anticipated duration.
o The market share which each of the Level of Autonomy segments account are mentioned in the study.
o Also, the most proliferating trends that the Level of Autonomy spectrum is characterized by are also entailed.

Type analysis:

Type segmentation: The report states the Type landscape of the autonomous cars market to be split into -

o Internal Combustion Engine (ICE)
o Hybrid Electric Vehicle (HEV)
o Battery Electric Vehicle (BEV)

Important pointers encompassed pertaining to the Type spectrum:
o Substantial details about the Type spectrum are provided in the report.
o The study mentions about the valuation estimate of each of the Type categories in detail, by the end of the forecast period.
o The market share that each of the Type segments account are mentioned in the study.

o The trends that the Type landscape is defined by are also contained in the report.

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The level-4 autonomous vehicles - currently under the research phase - are expected to be commercially made available in the market by 2022. The rapidly increasing number of research & development efforts by industry leaders in the automated driving domain would be responsible for the growth of level-4 based autonomous cars market in the years to come. According to a 2018 report by Bloomberg, Waymo - an autonomous car initiative by Google's parent company - Alphabet Inc., is a leading contender that is much ahead of its nearest competitor in the race to deploy an autonomous level-4 vehicle to the market.

The autonomous cars industry research report presents significant information on the methodology deployed to conceptualize the study in question, by means of various primary and secondary sources. The scope of the report and the elements contained in the same with respect to the growth spectrum of the autonomous cars market has been discussed in the study. Also mentioned in the document are details pertaining to the financial data of the companies profiled in the report, in addition to the currently prevalent price trends of the autonomous cars industry.

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