According to Stratistics MRC, the Global Self-Driving Car Market is accounted for $41.18 billion in 2019 and is expected to reach $441.02 billion by 2027 growing at a CAGR of 34.5% during the forecast period. Some of the key factors propelling the growth of the market are rising safety concerns, investments in digital infrastructure, and advancements in automotive technologies. However, low consumer acceptance ratio is the restraining factor for the growth of the market.
Request for a Free Sample Copy of Report at www.strategymrc.com/report/self-driving-car-market/request-sample
By automation level, the level 1 segment is expected to grow at a significant market share during the forecast period as the government across the globe are continuously working on improving the safety of the vehicles by mandating the use of advanced driving assistance systems (ADAS) in the vehicles. Based on geography, North America is anticipated to hold considerable market share during the forecast period which is attributed to the amendments in traffic regulations by the government to incorporate autonomous cars on public roads.
Some of the key players in Self-Driving Car Market include Volvo Cars, Google Inc., Uber Technologies Inc., Toyota Motor Corp, Nissan Motor Co. Ltd, Tesla Inc, General Motors Company (GM), Daimler AG, BMW, Volkswagen AG, Waymo LLC, Ford Motor Company, Honda Motor Co., Ltd, Valeo SA, and Audi AG.
Automation Levels Covered:
• Level 0
• Level 1
• Level 2
• Level 3
• Level 4
• Level 5
Components Covered:
• Software
• Hardware
• Services
Applications Covered:
• Taxi
• Ride Shares
• Ride Hail
• Public Transport
• Heavy Duty Trucks
• Civil
Vehicle Types Covered:
• Passenger Car/Vehicle
• Commercial Vehicle
Fuels Covered:
• Internal Combustion Engine (ICE)
• Electric
• Hybrid
Usages Covered:
• Personal Use
• On-Demand Service
End Users Covered:
• Transportation
• Defense
Types Covered:
• Semi-autonomous Cars
• Fully Autonomous Cars
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
If Any Query? Ask Our Industry Expert at www.strategymrc.com/report/self-driving-car-market/request-customization
Explore the list of attractive markets during this time of Pandemic @ www.strategymrc.com/report-store/chemicals-industry-market-research
About Us:
StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments.
Contact Us:
Stratistics Market Research Consulting
Phone: +1-301-202-5929
Email: info@strategymrc.com
Website: www.strategymrc.com/
Twitter:twitter.com/StratisticsMRC
LinkedIn: www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile