Press release
Europe Autonomous Vehicle Market to reach a staggering with an impressive Compound Annual Growth Rate (CAGR) of 20.9 Percent value of USD 150.80 Bn by the year 2027, during the forecast period.
Europe Autonomous Vehicle Market
The research report provides an in-depth analysis of the Europe Autonomous Vehicle Market, encompassing all aspects of the industry. The report offers a detailed examination of market size, trends, and the past and current status of the market. Additionally, it presents a forecast for market growth and outlines the potential impact of micro-economic factors.
Maximize Market Research Pvt. Ltd. presents the Europe Autonomous Vehicle Market report with a comprehensive analysis, covering all industry stakeholders. The report employs various analytical tools, including PORTER, SVOR, and PESTEL analysis, to provide a clear view of the market dynamics. It examines market segments and offers competitive analysis of key players based on deployment types, price, financial position, product portfolio, growth strategies, and country presence.
The Europe Autonomous Vehicle Market research report serves as a valuable investor's guide, helping decision-makers gain a futuristic understanding of the industry.
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What are Europe Autonomous Vehicle Market Dynamics:
The report highlights the efforts of governments worldwide to realize the anticipated public benefits of autonomous vehicles (AVs). These benefits encompass improved road safety, efficient public transport services, and the creation of cleaner cities with green spaces. The shift to AVs is expected to significantly reduce vehicle-related deaths caused by human error, which accounted for nine out of ten road accidents and claimed around 1.35 million lives in 2019.
However, the report also addresses potential challenges, including the ongoing arms race between hackers and software designers over AVs' control, which may lead to increased costs and risks. The operational failure rates of current autonomous vehicles remain relatively high, indicating that full implementation, particularly in mixed urban traffic, is not yet ready.
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Europe Autonomous Vehicle Market Regional Insights:
During the forecast period from 2020 to 2027, the United Kingdom, Germany, France, Spain, Finland, Austria, Hungary, the Netherlands, Norway, and Sweden are expected to lead the race in adopting autonomous vehicles. The European Autonomous Vehicle Market boasts several prominent players, including Audi, BMW, Mercedes, Volkswagen, Waymo, among others, who are driving technological advancements through partnerships, mergers and acquisitions, and investments. For example, Bosch GMBH collaborated with Baidu and Nvidia for the Apollo project, aimed at accelerating the development of self-driving car technology.
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What is Europe Autonomous Vehicle Market Segmentation:
Europe Autonomous Vehicle Market, By Type
• Semi-Autonomous
• Fully Autonomous
Europe Autonomous Vehicle Market, By Hardware & Software
• Cameras
• Communication Systems
• GPS systems
Europe Autonomous Vehicle Market, By Sensor
• Radar
• Lidar
• Image Sensor
• Others
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Who are Europe Autonomous Vehicle Market Key Players:
• Delphi
• Ford Motor
• Tesla
• Alphabet
• Intel
• Daimler Group
• Volkswagen
• Baidu
• Jaguar
• General Motors
• BMW
• Toyota
• Fiat-Chrysler Automobiles N.V.
• Aptiv PLC
• Continental AG
• DENSO Corporation
• Infineon Technologies AG
• Hyundai Motor Company
• Robert Bosch GmbH
Table of content for the Europe Autonomous Vehicle Market includes:
1. Global Europe Autonomous Vehicle Market : Research Methodology
2. Global Europe Autonomous Vehicle Market : Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Europe Autonomous Vehicle Market : Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Europe Autonomous Vehicle Market Segmentation
• Global Market, by Type (2022-2029)
• Global Market, by Hardware & Software (2022-2029)
• Global Market, by Sensor (2022-2029)
5. Regional Europe Autonomous Vehicle Market (2021-2029)
• Regional Market, by Type (2022-2029)
• Regional Market, by Hardware & Software (2022-2029)
• Regional Market, by Sensor (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Type , Hardware & Software and Sensor
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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