The “Self driving Cars and Trucks Market Size, Share & Trends Analysis Report By Application (Transportation, Defense), By Region (NA, Europe, APAC, South America, MEA), And Segment Forecasts, 2020 – 2030″ report has been added to ResearchAndMarkets.com’s offering.
The global self driving/autonomous cars and trucks market size is anticipated to reach 4,223 thousand units by 2030, exhibiting a CAGR of 63.1% during the forecast period.
An autonomous vehicle is a combination of various sensors and networking systems that assist computers in driving vehicles. Thus, several technology providers such as Google Inc. and Tesla Motors have also entered the market and are contributing to research and development of autonomous vehicles.
The automobile industry is dynamic and is witnessing rapid advancements in terms of technologies. Several major players in the industry, such as General Motors Company (GM), Volkswagen AG, Mercedes-Benz, and Bayerische Motoren Werke AG (BMW), invest a significant part of their revenue in research and development of technologies. Currently, there is a growing trend of autonomous vehicles, thus attracting larger investments from top players.
The autonomous cars and trucks market has been segmented on the basis of application into transportation and defense. The transportation segment has been bifurcated further into industrial and commercial applications. Transportation is expected to have a greater market share while the defense segment is expected to portray the highest growth over the forecast period.
The North America region is slated to account for the largest share in the autonomous cars and trucks market in 2020. Demand for autonomous vehicles is expected to increase over the forecast period owing to stern government regulations and rising adoption of self-driving vehicles in U.S.
Further key findings from the report suggest:
- Demand for driverless cars and trucks market is expected to grow owing to rising number of regulations laid down by governments of various developed and developing nations
- Market size of the defense segment is expected to expand at the highest CAGR of 86.4% over the forecast period
- U.S., China, and Japan markets are expected to witness significant growth over the forecast period owing to large-scale testing activities and adoption of autonomous cars and trucks in the transportation sector
- Audi AG; BMW AG; Daimler AG (Mercedes Benz); Ford Motor Company; General Motors; Google LLC; Honda Motor Corporation; Nissan Motor Company; Tesla, Inc.; Toyota Motor Corporation; Uber Technologies, Inc.; Volvo Car Corporation; and Volkswagen AG are some of the key market incumbents.
Key Topics Covered:
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Autonomous Cars and Trucks – Industry Snapshot & Key Buying Criteria, 2020 – 2030
Chapter 3 Industry Outlook
3.1 Market Segmentation & Scope
3.2 Autonomous Cars and Trucks Value Chain & Ecosystem Analysis
3.3 Autonomous Cars and Trucks Market Dynamics
3.4 Autonomous Cars and Trucks Market Driver Analysis
3.4.1 Rising need for road safety
3.4.2 Growing R&D spending in autonomous vehicle development
3.4.3 Environmental impact due to traditional vehicles
3.4.4 Increased energy savings by autonomous vehicles
3.5 Autonomous Cars and Trucks Market restraint analysis
3.5.1 Car safety and cybersecurity concerns
3.5.2 Non-availability of infrastructure in developing countries
3.6 Autonomous Cars and Trucks Market Opportunity Analysis
3.6.1 Increased technological advancements by OEMs for the development of autonomous vehicles
3.6.2 New business model for insurance companies
3.7 Autonomous Cars and Trucks Market Challenges Analysis
3.7.1 System reliability and uncertainty in user acceptance
3.8 Penetration & Growth Prospect Mapping, 2030
3.9 Autonomous Cars and Trucks Market Analysis – PEST
3.10 Autonomous Cars and Trucks Industry Analysis – Porter’s
3.11 Autonomous car government regulations
3.12 Autonomous Vehicle Evolution
3.13 Autonomous Cars – Impact Analysis
3.14 Autonomous Car Technology Landscape
3.14.1 Navigation and mapping technology (situational analysis)
3.14.2 Motion planning
3.14.3 Trajectory control
Chapter 4 Autonomous Cars & Trucks Market: Application Estimates & Trend Analysis
4.1 Autonomous Cars & Trucks Market: Application Trend Analysis
4.2 Autonomous Cars & Trucks Market: Application Movement Analysis
Chapter 5 Autonomous Cars & Trucks: Regional Estimates & Trend Analysis
Chapter 6 Competitive Landscape
- Audi AG
- BMW AG
- Daimler AG (Mercedes Benz)
- Ford Motor Company
- General Motors
- Google LLC
- Honda Motor Corporation
- Nissan Motor Company
- Tesla, Inc.
- Toyota Motor Corporation
- Uber Technologies, Inc.
- Volvo Car Corporation
For more information about this report visit https://www.researchandmarkets.com/research/cdhxpb/self_driving_cars?w=5