The “AV Hardware” segment gathers companies that provide sensors (lidar, cameras, radars, etc.), compute solutions, on-board communication products and V2X solutions. Let’s drill down into the various segments. In order to better understand the ecosystem, I added a second level to the underlying taxonomy. OEMs have been omitted as they are all engaged at some level in the development of AV solutions.
It is not exhaustive, but is updated quarterly - this is the third iteration. The AV Landscape (above) contains about 300 companies.
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These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.The AV ecosystem includes players involved in hardware (HW), software (SW), vehicle and fleet applications, and analytics layers. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider offering syndicated and custom research reports along with growth consulting services. Market estimates and forecast, 2015 – 2024īrowse complete Table of Contents (ToC) of this research report Internal combustion engine (ICE) vehicleĦ.2.1. Global Autonomous Cars Market, By TypeĦ.2. Level-4 cars market, by type, 2015 - 2024Ĭhapter 6. Global Autonomous Cars Market, By Level of Autonomyĥ.2.1. Make an Inquiry for purchasing this Report Ĭhapter 5. The supportive government policies such as tax benefits and subsidiaries are fostering the growth of the Hybrid Electric Vehicle (HEV) market. However, the rising concerns toward environmental safety and the increasing number of government regulations to reduce carbon emissions have restricted the growth of the ICE cars market. This growth is attributed to the high demand for ICE-based cars in emerging nations such as India and Brazil. Internal Combustion Engine (ICE) cars hold a majority share in the autonomous cars market with a market share of over 95% in 2017.
Moreover, the lack of adequate road infrastructure is also plaguing the growth of the autonomous cars market. Therefore, the gap between the regulatory framework and the self-driving technology is steadily widening. The technological advancements in the autonomous industry are fast outdoing the existing regulatory framework. In addition, the growing concerns about vehicle safety among the regulatory authorities have driven them to implement stringent vehicle safety regulations. The autonomous cars industry is promising lucrative returns to all the parties involved in the production & distribution of autonomous technology. The automakers around the world are implementing various strategies to accelerate the innovations in the self-driving vehicles landscape. The market is driven by the increasing R&D activities for the development of self-driving technology. Get sample copy of this research report Īutonomous Cars Market is anticipated to exceed 60 million units by 2024.
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