Software News

Software News!

Application and Enterprise Software News
Press release distribution service

Software Links: Application Software, Enterprise Software, Virus Software





 




Home > Software News:
  • Watch News Feed
  • Bestsellers Software

  • Autonomous Vehicle Market Size, Share and Forecast 2026

    (I-SoftwareNews.Com, September 06, 2019 ) Market Overview
    • Automated or self-driving vehicles are capable of operating without direct driver action to control steering, acceleration, and braking. Currently, cars may be computer-driven or computer-assisted driven, with various levels of autonomy, as well as connected features that allow the exchange of data.
    • Autonomous vehicle technology provides a significant improvement in safety, help reduce congestion, improve vehicle fuel efficiency and provide increased mobility options.
    • Advanced driver-assistance systems (ADAS) technology will also be critical as the market prepares for full autonomy and seeks to increase profits from autonomous vehicle essential capabilities of technology.

    Market Dynamics
    • The significantly rising number of accidents across the globe is expected to drive the growth of free vehicle market during the forecasting period.
    • The growing awareness among consumers regarding the benefits of autonomous cars. Offer to customers, such as the enhanced mobility is projected to fuel the demand for autonomous vehicles in the forecasting period.
    • The global car sales are expected to grow in the forecasting period, but the annual growth rate is expected to drop slightly during the forecasting period. This drop will be primarily driven by macroeconomic factors and the rise of new mobility services such as car sharing and e-hailing. This may hamper the growth of the global autonomous vehicle market.

    Market Segmentation

    By driving type
    • The driving type includes semi-autonomous and fully autonomous vehicles. Currently, semi-autonomous cars have a significant market, and in the forecasting period, the demand for fully independent is expected to grow with increasing features for driving assistance.

    By geography
    • North America is expected to grow at a faster pace of autonomous cars due to the increase in technological advances in automotive.
    • The Asia Pacific is also expected to witness a rise in the demand for autonomous cars in the forecast period due to the increase in awareness among customer, the significant increase in the disposable income of consumers and the future development in the information and communication infrastructure in China, Singapore, and Japan.

    Competitive Trends
    • The increase in investment on R&D activities for autonomous vehicles by critical players is driving the global market.
    • Vehicle manufacturers and technology providers are investing in the development of private autonomous vehicles, including Tesla, Volvo, Ford, BMW, Audi, Google, and Apple.
    • Other companies are focused on developing electric and autonomous shuttle buses, namely Navya, Auro Robotics, Varden Labs, Local Motors, and Easy Mile. Tesla, Mercedes, and Baidu are also investing in developing large driverless buses.
    • The increase in investment in new technological development and Companies are undergoing collaborations and partnership to develop autonomous vehicles is driving the growth of global independent vehicle market.

    Recent advancements in the market
    • In 2017, Ford has announced approximately USD 1 billion investment for developing autonomous vehicle technology.
    • In 2016, the joint venture between Volvo and Uber to create autonomous vehicles included a commitment to invest USD 300 million on their research and developments.
    • GM, Nissan, and Mercedes are planning to release self-driving models by 2020. Mercedes are also working on a self-driving truck, and it is expected to release in 2025.

    Geographical Analysis
    • Asia Pacific
    • Europe
    • North America
    • South America
    • Rest of the World

    View full sample report: https://www.datamintelligence.com/research-report/autonomous-vehicle-market

    Download free sample: https://www.datamintelligence.com/download-sample/autonomous-vehicle-market

    About Us
    DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
    For more information:
    Sai Kiran
    Sales Manager at Data M Intelligence
    Email: info@datamintelligence.com
    Tel: +1 877 441 4866
    Website: www.datamintelligence.com



    DataM Intelligence

    Sai Kiran

    +1 877 441 4866

    pr@datamintelligence.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Media Sponsor

    I-SoftwareNews.Com Sponsors



    Software Advertisement

    I-SoftwareNews.Com Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    I-SoftwareNews.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    I-SoftwareNews.com - Newswire and Press Release service of GroupWeb Media LLC