Vancouver, WA -- (SBWIRE) -- 11/19/2019 -- Market Overview:

Significant continuous investment in transportation technology by OEMs, suppliers, and technology corporations contributes to earlier distribution timelines, while mobility service brands within numerous automakers contribute to higher volumes of autonomous cars in the forecast. The growing smart cities and connected infrastructure initiatives by the government of various countries have led to an increase in internet connectivity, road infrastructures, and highways, which are anticipated to fuel the global autonomous cars market. Moreover, increasing government support for the concept of autonomous cars is further projected to positively impact the market in the coming years.

According to BlueWeave Consulting, The Global Autonomous Cars Market is projected to exhibit significant growth during 2019-2025. Modernization and globalization are leading to the adoption of the latest technology across sectors and enhancing the growth of the global autonomous cars market. Autonomous cars technology provides a major enhancement in safety, help reduce congestion, increase vehicle fuel efficiency and provide better mobility options. Autonomous cars are also referred to as driverless cars, self-driving cars, robot car or autonomous vehicles (AVs) and can navigate a predetermined destination without the help of human guidance.

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Among type, Internal Combustion Engine segment holds the largest market share of the autonomous cars market during the forecast period

Internal combustion engine cars account for the lion's share of the autonomous car's market during the forecast period 2019-2025. This growth is attributed to the high demand for ICE-based cars in developing nations like India and Brazil. Though, the growing concerns toward environmental safety and the increasing number of government regulations to decrease carbon emissions have restricted the growth of the ICE cars market. Supportive government policies like tax benefits and subsidies are nurturing the growth of the hybrid electric vehicle (HEV) market, which is estimated to grow at a significant rate during the forecast timeline.

Europe accounts for the lion's share of the global autonomous cars market during the forecast period

Geographically, the autonomous cars market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is the leading region of the overall autonomous cars market followed by North America. In European countries, manufacturers have been adopting automated solutions to reduce the overall operational cost. The Netherlands is the largest revenue generators in the autonomous cars market in the European region. The U.S. leads the world in innovation however falls behind on the infrastructure requirements to adopt driverless cars on a mass scale. The Asia Pacific is the fastest-growing region in the autonomous cars market.

Global Autonomous Cars Market: Competitive Landscape

Companies such as Aptiv PLC, Autoliv Inc, Baidu Inc., BMW AG, Bosch GMBH, Continental AG, Daimler AG, Fait Chrysler Automobiles, Ford Motor Company, General Motors Company, Honda Motor Company Ltd., Hyundai Motor company, Intel Corporation, Jaguar Land Rover Limited, Nvidia Corporation, Uber Technologies Inc., Volkwagon Group, Toyota Motor Corporation, Google LLC, and Tesla Inc. are the leading players of autonomous cars market across the globe.

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The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of global autonomous cars market size & forecast. The report promises to provide state-of-the-art of autonomous cars technology and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.
Objective of the Study:

- To analyze and forecast market size of the Global Autonomous Cars market in terms of value and volume.
- To examine the careful market segmentation and forecast the market size, in terms value, on the basis of region by segmenting autonomous cars market into five regions, namely, North America, Europe, Asia Pacific, Middle East& Africa, Latin America and their leading countries.
- To outline, categorized and forecast the Global Autonomous cars market on the basis of level of autonomy, type, and components.
- To examine competitive developments like technological advancement, services, and regulative framework within the Global Autonomous Cars Market.
- To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
- To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Global Autonomous Cars Market: Competitive Landscape

Companies such as Aptiv PLC, Autoliv Inc, Baidu Inc., BMW AG, Bosch GMBH, Continental AG, Daimler AG, Fait Chrysler Automobiles, Ford Motor Company, General Motors Company, Honda Motor Company Ltd., Hyundai Motor company, Intel Corporation, Jaguar Land Rover Limited, Nvidia Corporation, Uber Technologies Inc., Volkwagon Group, Toyota Motor Corporation, Google LLC, and Tesla Inc. are the leading players of autonomous cars market across the globe.

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Key Target Audience:
- Market research and consulting firms
- Industry associations
- Global Autonomous cars manufacturers
- Research organizations and consulting companies
- Organizations, associations and alliances related to autonomous cars market
- Regulatory bodies
Scope of the Report
By Level of Autonomy
- Level-1
- Level-2
- Level-3
- Level-4
By Type
- Internal Combustion Engine (ICE)
- Hybrid Electric Vehicle (HEV)
- Battery Electric Vehicle (BEV)
By Components
- Artificial Intelligence (AI)
- Radar
- LIDAR
- Camera
- Ultrasonic Sensor
Business Questions answer by the report
- How will the market drivers, restraints and opportunities affect the market dynamics?
- What will be the market size in terms of value and volume and market statistics with detailed classification
- Which segment dominates the market or region and one will be the fastest growing and why?
- A comprehensive survey of the competitive landscape and the market participant players
- Analysis of strategy adopted by the key player and their impact on other players.

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Customization Scope for the Client

Client satisfaction is our first and last priority. And that's why BlueWeave Consulting offers customization according to Company's specific needs. The following customization options are available for the report:
Additional Company Information
- With five additional company detail analysis.
- Additional country analysis.
- Detailed segment analysis.

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