Self Driving Car is also called Autonomous Driving Car. Global Self Driving Car market is expected to surpass US$ 300 Billion by the end of the year 2030. Rising road accidents is one of the significant driving factors for self-driving technology giant to create an ecosystem of safe and efficient transportation systems. In addition, self-driving car reduces fuel consumption, cost of insurance and congestion to the great extent. Litigation, consumer acceptance, and perception are a big hurdles for the self-driving car.
Market Insights, Types of Self Driving Car (L3, L4 & L5)
Self-driving car would come up with different level of driving like semi-autonomous and fully autonomous. In this report, we have taken the market and volume of three level of driving. Level 3 is considered as a semi-autonomous which has several features like highway driving, nose-to-tail traffic, parking assistance, and much more extension. Level 4 would come up with everything that driver does, it only intervenes some point of time during emergency and system failure. In level 5 driving, there is no need for human interference at any point in time. This report provides (L3, L4 & L5) cars market and numbers for each region (America, Asia Pacific, Europe, Middle East & Africa) independently.
Region Wise - America will have Highest Market Share
In this report, we have categorized the self-driving car market into region wise; America, Europe Middle East & Africa, and the Asia Pacific. America is one of fast mover and adopting self-driving technology with a rapid pace. Moreover, the Asia Pacific is also known for large potential consumer base market which is also adopting technology to the large extent.
Market Insights, Technology Wise; Hardware and Software Components
In this report as per this analysis, the researchers have categorized self-driving technology market by hardware and software components. Hardware components include market of; LIDAR Market, Radar Market, Cameras Market, Actuators Market, Embedded Modem Market, Embedded Controls Hardware Market, Passive Components Market, Other Electronics & Architecture Market, Odometry Sensors Market, Ultrasonic Sensors Market, V2X Hardware Market, Mapping Hardware Market, and HMI Hardware Market. Again we have categorized the market on basis of software components; V2X Software Market, Embedded Controls Software Market, Mapping Software Market, Data Security Software Market, and HMI Software Market.
This report titled "Self Driving Car Market Global Forecast by Levels (L3, L4, L5) Hardware (LIDAR, Radar, Cameras, Actuators, Embedded Modem, Embedded Controls Hardware, Passive Components, Other Electronics & Architecture, Odometry Sensors, Ultrasonic Sensors, V2X Hardware, Mapping Hardware, HMI Hardware) Software (V2X Software, Embedded Controls Software, Mapping Software, Data Security Software, HMI Software) Regions (America, Europe, Middle East & Africa, Asia Pacific), Companies (Google, Apple, Mercedes-Benz)" provides a detailed and comprehensive insight of the Global Self Driving Car Market.
Company Analysis
In this report, we had done an analysis of top companies Google, Apple Mercedes-Benz and their milestone achieved during the journey of self-driving car.
Hardware Components - Self Driving Technology Segments covered in the report are:
1. LIDAR
2. Radar
3. Cameras
4. Actuators
5. Embedded Modem
6. Embedded Controls Hardware
7. Passive Components
8. Other Electronics & Architecture
9. Odometry Sensors
10. Ultrasonic Sensors
11. V2X Hardware
12. Mapping Hardware
13. HMI Hardware
Software Components - Self Driving Technology Segments covered in the report are:
1. V2X Software
2. Embedded Controls Software
3. Mapping Software
4. Data Security Software
5. HMI Software
Region Wise - Self Driving Car Sales Opportunity covered in the report are as follows:
1. America
2. EMEA (Europe, Middle East & Africa)
3. APAC (Asia Pacific)
Types (L3, L4 & L5) - Self Driving Car Market covered in the report are as follows:
Semi-Autonomous Driving
- Level 3
Autonomous Driving Car
- Level 4
- Level 5
Self Driving Car Companies covered in the report are as follows
1. Google
2. Apple
3. Mercedes-Benz
Table of Contents
Companies Mentioned
- Apple
- Google
- Mercedes–Benz
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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