Latest Driverless Car Market is Booming Across the Globe - Self-driving Car Market Research Report | Robotic Car Industry Overview, Technology, Demand and Forecast Till 2022

Research Beam study says Driverless Car global market registering a growth during the forecast period, Request Sample Copy @ http://www.researchbeam.com/driverless-car-market/enquire-about-report

Research Beam added report on “Global Driverless Car Market Overview, Analysis, Demand, Report, Trends, Growth and Research – World Driverless Car Market Opportunities and Forecasts, 2014 - 2022”

Driverless cars are automated cars which feature all the major competencies of traditional cars. The driverless car is also known as autonomous car, robotic car or self-driving car. Increased road accidents are a major driving factor for technology providers to develop a safe and efficient transportation system. Moreover; it is expected that the driverless car will reduce fuel consumption by 10% and insurance costs by 30%, there by driving the market exponentially. A majority of the manufacturers have indicated a keen interest in developing, manufacturing and commercializing driverless cars in the coming years.

Volvo is one of the leading automobile manufacturers and would launch its first driverless car by year 2017. However, the lack of infrastructural development to support V2V connections, stringent government regulations and increased threats arising from terrorism, prove to be a major restraint for this market. The growing demand for smart and automated vehicle systems should boost the market of driverless cars. The development cost for the driverless car technology is very high, however, as technology advances the price is expected to decline. The study projects affordability and a rise in the adoption of these cars, amongst middle-class families, during 2040-2050.

Read Full Report With TOC@ http://www.researchbeam.com/driverless-car-market

The global driverless car market is segmented on the basis of components and geography. The component market comprises of radar sensors; video cameras; LiDAR sensor; ultrasound sensors and a central computing system. Geographically, the driverless car market is segmented across North America, Europe, Asia-Pacific and LAMEA (Latin America, Middle East and Africa). The key companies profiled in this report are, Google, Inc.; Daimler AG; Ford Motor Company; Toyota Motor Corporation; BMW AG; Audi AG ; AB Volvo ; Dutch Automated Vehicle Initiative (DAVI); Autonomous Lab; and Volkswagen.

KEY BENEFITS OF REPORTS
Key investment pockets for various component areas
Illustrative segmentation and forecast of major geographic areas, to provide an overview of the driverless car market
Key market trends, key player analysis and derivation of top three winning strategies
Estimation for various segments of the driverless car market along with an analysis of the competitive landscape
Qualitative analysis of factors affecting market growth and the study of emerging key trends
Detailed analysis of porter’s five forces model and a value chain analysis of the driverless car market

DRIVERLESS CAR MARKET KEY SEGMENTS
The market is segmented on the basis of component and geography.

MARKET BY COMPONENT
Radar Sensor
Video Cameras
LiDAR Senor
Ultrasound Sensor
Central Computing System
GPS Navigation System

MARKET BY GEOGRAPHY
North America
Europe
Asia Pacific
LAMEA

KEY PLAYERS
Google, Inc.
Daimler AG
Ford Motor Company
Toyota Motor Corporation.
BMW AG
Audi AG
AB Volvo
Dutch Automated Vehicle Initiative (DAVI)
AutoNOMOS Labs
Volkswagen

With the arsenal of different search reports, Research Beam helps you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency. With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.

5933 NE Win Sivers Drive, #205, Portland, OR 97220

This release was published on openPR.