Autonomous Vehicles Market Analysis and Forecasts 2018 – 2023

The global autonomous/driverless market is expected to grow at a CAGR of 36.2% during the forecast period. Autonomous cars/driverless cars, as the name implies are the vehicles that have the transportation capabilities of a conventional car and can navigate by sensing the surrounding environment without human interference. Autonomous cars use the techniques such as RADAR, LIDAR, GPS and computer vision to sense their environment. Advanced Control Systems that are integrated into the car can interpret the sensory inputs to detect the signboards or to avoid the collision.

Get a PDF Sample of this Report @ http://orbisresearch.com/contacts/request-sample/2126807?utm_source=shreyas

Asia-Pacific to dominate the market
Although Level 4 and Level 5 (as scaled by SAE) autonomous cars are unlikely to reach wide acceptance by 2025, there would be a rapid growth for Level 2 and Level 3 autonomous cars which have advanced driver assistance systems like collision detection, lane departure warning, and adaptive cruise control. Although the technology for manufacturing the autonomous cars is readily available, the concerns about liability and legislation are going to constrain the market. Countermeasures like built-in backup systems and the option to take over the car whenever the driver wishes are the things that need to be considered in order to capture the market. Also, fully autonomous cars are not going to reach wide customer base unless they are secure from cyber-attacks. If these concerns are addressed, the autonomous car market is estimated to reach USD 60 billion by 2030. Increased safety, lower insurance and fuel costs and the ability to multitask while traveling are going to boost the market. North America would lead the market at first, but Asia-Pacific, with the presence of fastest adopters like China and Japan, is estimated to control the dominant 35% share by 2025.
Apple is partnering with Hertz to test its in-house developed autonomous software in some of the company’s rental cars. Waymo has developed Phoenix that lets people use its autonomous cars for their daily transportation needs. Microsoft has a number of partnerships with automotive manufacturers developing internet-connected and autonomous vehicles including Ford, BMW, Renault-Nissan, Toyota and Volvo. But its latest deal in this new market is with the Chinese company Baidu, to develop an open-source platform dubbed Apollo.

Enquiry before buying report @ http://orbisresearch.com/contacts/enquiry-before-buying/2126807?utm_source=shreyas

The study, besides estimating the autonomous cars market potential between 2018 and 2023, analyzes on who can be the market leaders and what partnerships would help them to capture the market share. The report gives an overview of the dynamics of the market, by discussing various aspects such as drivers, restraints, Porter’s five forces, value-chain, customer acceptance and investment scenario.

The study in brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized. It approximates the time for innovation, in order for the industry to maintain a stable growth over a sustained period. The report also details the potential for various applications, discussing the recent product innovations and gives an overview on potential regional market shares.

Key Developments in the Market:
January 2018: Waymo strikes deal to buy thousands of self-driving minivans from Fiat Chrysler.
January 2018: GM started testing autonomous technology on Cadillac cars in Israel.
December 2017: Ford patents autonomous police car to hand out tickets.

Major market players: MERCEDES-BENS, AUDI, WAYMO (GOOGLE), BMW amongst others

Reasons to Purchase this Report:
The report analyses how the growth in connected vehicles technology will drive the global autonomous vehicle market.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
Study on the product type that is expected to dominate the market.
Study on the regions that are expected to witness fastest growth during the forecast period.
Identify the latest developments, market shares and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (in excel).

Access the complete report with TOC & List of Tables @ http://www.orbisresearch.com/reports/index/global-autonomous-vehicles-outlook-segmented-by-vehicle-type-geography-outlook-trends-and-forecast-2018-2023?utm_source=shreyas

Customization of the Report:
This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs.

Companies Mentioned:
Uber, Mercedes-Benz, Google, Toyota, Nissan, Volvo, General Motors, Volkswagen, Tesla, BMW

Table of Content

Introduction
1.1 Study Deliverables
1.2 General Study Assumptions
Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
Executive Summary
Market Overview and Trends
4.1 Introduction
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
Market Dynamics
5.1 Drivers
5.1.1 Growth in Connected Vehicles Technology
5.1.2 Demand for Safe and Efficient Traveling Options
5.2 Restraints
5.2.1 Cyber Security
5.2.2 Safety Concerns
5.2.3 Non-Availability of Supporting Infrastructure
5.3 Opportunities
5.3.1 Mobility Service
5.3.2 Synchronization with Lidar Technology
Autonomous Vehicle Market, Segmentation by Type
6.1 Semi-Autonomous Vehicles
6.2 Fully Autonomous Vehicles
Key Vendor Analysis (Overview, Products & Services, Strategies)
7.1 Uber
7.2 Mercedes-Benz
7.3 Google (Waymo)
7.4 Toyota
7.5 Nissan
7.6 Volvo
7.7 General Motors
7.8 Volkswagen
7.9 Tesla
7.10 BMW
Future Outlook of the Market
Disclaimer

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Posted by Rahul Jadhav on Friday May 11 2018, 5:46 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0