Autonomous Car Market Outlook 2031, Global Opportunity and Growth Analysis, TMR Study

The growing mergers & acquisitions between vehicle manufacturers and tier-1 suppliers across the globe is estimated to propel the autonomous car market. In September 2021, Mercedes-Benz announced the integration of the first brain-computer interface (BCI) approaches with its pioneering VISION AVTR concept vehicle. The biometric interaction with the vehicle is complemented by a direct connection to the human brain. After a short calibration process, a BCI device attached to the user's head analyzes the measured brain waves and triggers a defined function. In June 2021, Waymo LLC announced that it had raised US$ 2.5 Bn. The Company plans to use the funding to continue development and commercialization of its Waymo Driver autonomous vehicle technology.

𝐆𝐞𝐭 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭 - https://www.transparencymarketresearch.com/aut
onomous-cars-driverless-cars-market.html

Based on car type, the sedan segment dominated the global autonomous car market, in terms of revenue, in 2020. Rising penetration of advanced safety and comfort features in sedan or passenger cars is boosting the market. The utility vehicle segment also held a major share of the market, in terms of revenue, in 2020. The segment is estimated to expand considerably during the forecast period.

Based on component, LiDAR sensors are dominating the autonomous car market. The growing safety features in vehicle is likely to increase the demand for LiDAR sensors in vehicle. Major driverless cars is witnessing major demand for advanced camera system, which is likely to boost the market

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12653

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐂𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭
In terms of region, the global autonomous car market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific and Europe accounted for a major share of the global autonomous car market, in terms of revenue, in 2020. The growing consumer preference toward advanced safety features in vehicles, including parking assist system and lane departure warning system, is projected to propel the market across Europe and Asia Pacific. Major presence of OEMs and tier-1 suppliers across Europe is likely to fuel the autonomous car market in the region. The rising consumer trend toward driverless vehicles in Asia Pacific is estimated to boost the market in the region. Lack of connectivity across developing countries in Asia Pacific is anticipated to drive the autonomous car market in the region.

𝐆𝐞𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=12653

𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐂𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
Prominent players operating in the global autonomous car market include General Motors, Ford Motor Company, Daimler AG, Volkswagen AG, Toyota Motors, Waymo LLC, Autoliv Inc., Robert Bosch GmbH, AB Volvo, Ficosa Internacional SA, Gentex Corporation, HARMAN International, AISIN SEIKI Co., Ltd., Valeo, HYUNDAI MOBIS, ZF Friedrichshafen AG, HELLA KGaA Hueck & Co., Texas Instruments Inc., Mobileye, and Visteon Corporation.

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

Nikhil Sawlani
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