Semi and Fully Autonomous Vehicles: Growing Focus of Automotive OEMs on Enhancing Safety
August 3, 2018—The "Global Semi & Fully Autonomous Vehicle Market By Automation Level (Level 0, Level 1 & Others), By Component (Embedded Systems, Cameras & Others), By Vehicle Type, By Region, Competition Forecast & Opportunities, 2016-2030" report has been added to ResearchAndMarkets.com's offerings.
According to the report, the semi & fully autonomous vehicle market is projected to exhibit a compound annual growth rate (CAGR) of over 21 percent by 2030.
Growing focus of automotive OEMs on enhancing safety features and increasing government support for developing driverless vehicles are the major factors anticipated to aid the growth of global semi and fully autonomous vehicle market during the forecast period.
Moreover, foray of technology giants such as Google and Intel, among others, in autonomous vehicle market is further encouraging adoption of autonomous vehicles, thereby positively influencing the global semi & fully autonomous vehicle market.
Some of the major players operating in global semi & fully autonomous vehicle market are BMW AG, General Motors Co., Toyota Motor Corporation, Ford Motor Company, Nissan Motor Co. Ltd., Volkswagen AG, Tesla Motors Inc., Volvo Car Corporation, Fiat Chrysler Automobiles (FCA) NV, and Hyundai Motor Company.
The report discusses the following aspects of semi & fully autonomous vehicle market globally:
- Semi & Fully Autonomous Vehicle Market Size, Share & Forecast
- Segmental Analysis - By Automation Level (Level-0, Level-1, Level-2, Level-3, Level-4/5), By Vehicle Type (Passenger Cars and Commercial Vehicles), By Component Type (Cameras, Radars, Lidars, Embedded Systems and Others), By Region, By Company
- Competitive Analysis
- Changing Market Trends & Emerging Opportunities