Self-driving/driverless cars, as the name implies are the vehicles that have the transportation capabilities of a conventional car and can navigate by sensing the surrounding environment without human interference. Autonomous cars use the techniques such as RADAR, LIDAR, GPS, and computer vision to sense their environment. Advanced Control Systems that are integrated into the car can interpret the sensory inputs to detect the signboards or to avoid the collision.
North America, Europe, Asia Pacific, South America, and the Middle East and Africa are projected to surface as the main regional markets for driverless cars over the forthcoming years. Among these, North America is expected to experience a relatively faster adoption of autonomous cars and hence, is anticipated to witness a higher growth rate than other regional markets in the future.
Apart from this, the high population in this region is also projected to drive the growth of the Asia Pacific market for autonomous cars. Economies with sharp increasing geriatric population, such as Japan and China, are predicted to be the early adopters of the driverless cars in Asia Pacific.
In 2019, the market size of Self-Driving/Driverless Cars is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Self-Driving/Driverless Cars.
This report studies the global market size of Self-Driving/Driverless Cars, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Self-Driving/Driverless Cars production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Market Segment by Product Type
Fully Autonomous Vehicle
Market Segment by Application
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Self-Driving/Driverless Cars status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Self-Driving/Driverless Cars manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Self-Driving/Driverless Cars are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025