A self-driving car also known as the driverless car or an autonomous car or a robotic car uses a combination of cameras, radars sensor, GPS system and artificial intelligence (AI) to travel between destinations without the need of any human drivers. To quantify self-driving cars must be able to drive to a predetermined destination without any human conduction. It is expected that the self-driving car would reduce car crash by 90%. North America self-driving car market is expected to expand at a CAGR of 50.8%, leading to global revenue of USD 49.79 Bn by 2024.
North America self-driving market is further segmented based on applications, automation and technology components. The segment applications are further categorized into personal use and commercial use. General Motors plans to launch self-driving cars in the US cities by 2019. The company motives to launch fleet of an autonomous taxi ‘Robo-Taxi’ in the urban area by 2019.

Based on automation, the self-driving automation level is categorized into semi-autonomous and full autonomous. Semi-autonomous cars are dominating the automation segment. Fully autonomous cars technology are still a long way to come. Super Cruise which is a system of General Motors has a host of semi-autonomous technologies which allows the vehicle to consider its surroundings and drive on its own in the limited situation.

The self-driving car Market segment is based on various technological components that are used in autonomous cars like radar, lidar, automotive vehicle camera, ultrasonic sensor and GPS navigation system. The North America market is likely to witness a considerable growth prospect in the Lidar market, due to growing adoption of administrative regulations, mandating the installation of specific automotive safety technologies in both lightweight and heavyweight vehicles in the region.
Based on the countries, the self-driving car market is divided into U.S. and Canada. The U.S. would occupy the highest market share. As various U.S states like California, Arizona, Nevada and many are allowing the self-driving test. On April 2, 2018, California expanded its testing rule. Instead of using safety driver inside the car it plans to apply remote monitoring.

Key growth factors

North American technological companies have been innovating these driverless since the very beginning. Autonomous vehicles are already present in this region, promising a wave of efficiency that will transform the transportation industry.
Arizona and California have recently permitted for fully autonomous vehicles to be tested without any human supervisors behind the wheel.

Threats and key players

Very few cities in this region are allowed the testing of autonomous cars, and this makes it difficult for the car manufacturers to launch their cars.
The key players in the North America self-driving car market are Apple, Microsoft, IBM, Waymo, Toyota, Volvo, General Motors, Tesla, Nissan, and Cisco.

What’s covered in the report?

1. Overview of the North America self-driving car market
2. Market drivers and challenges in the North America self-driving car market
3. Market trends in the North America self-driving car market
4. Historical, current and forecasted market size data for the North America self-driving car market
5. Historical, current and forecasted market size data for the applications of cars in North America self-driving car market (personal use and commercial use)
6. Historical, current and forecasted market size data for the automation level in the North America self-driving car market (semi-automation and fully-automation)
7. Historical, current and forecasted market size data for the technology components in the North America self-driving car market (radar sensors, video cameras, lidar sensors, ultrasound sensors, and GPS navigation systems)
8. Historical, current and the forecasted countries (U.S. and Canada) market size data for the North America self-driving car market
9. Analysis of the competitive landscape and profiles of major companies operating in the market

Why buy?

1. To gain insightful analysis of the entire market and have a comprehensive understanding of the North America self-driving car market
2. To understand the growth drivers and challenges in the self-driving cars market and its impact on the North American scenario
3. To analyze the market potential, drivers, latest market trends, opportunities and challenges, self-driving cars market threats and risks
4. Identify major competitors, market dynamics, and respond accordingly
5. Devise market-entry strategies by understanding the factors driving the growth of the market
6. Get stakeholder and technology analysis, profiles of the relevant companies and start-up profiles

The post North America Self-driving Car Market (2018-2024) first appeared on CRI Report.

A self-driving car also known as the driverless car or an autonomous car, or robotic car uses a combination of cameras, radars sensor, GPS system and artificial intelligence (AI) to travel between destinations without the need of any human drivers. To quantify self-driving cars must be able to drive to a predetermined destination without human conduction. It is expected that the self-driving car would reduce car crash by 90%. The Middle East and Africa self-driving car market is expected to expand at a CAGR of 46.6%, leading to global revenue of USD 18.94 Bn by 2024.

The Middle East and Africa self-driving market are further segmented based on applications, automation and technological components. The segment applications are also categorized into personal use and commercial use. Initially, self-driving cars will be owned personally. UAE is very progressive in technology. The country is very enthusiastic about embracing self-driving carsThe citizens of UAE are excited to welcome self-driven cars.
Based on automation, the self-driving automation levels are categorized into semi-autonomous and full autonomous. Semi-autonomous cars are dominating the automation segment. However, the car-manufacturers Target to introduce full autonomous cars by 2020. The Middle East has been in pole position of adopting autonomous driving with UAE leading the way. The Dubai Future Foundation in union with Dubai Roads and Transport Authority (RTA) launched the Dubai Autonomous Transportation Strategy.

The self-driving car Market segment is based on various technological components that are used in autonomous cars like radar, lidar, automotive vehicle camera, ultrasonic sensor and GPS navigation system. Radar sensor market in the Middle East and Africa region is expected to witness sustainable growth during the forecast period because the area is the global focal point for large investments and business expansion opportunities which has encouraged automobile manufacturers to enter this market.
Based on countries, the self-driving market is divided into UAE, Saudia Arabia and the rest of MEA. Countries like UAE, Saudi Arabia, are expected to lead in self-driving car owing to their advancements in connective devices and artificial intelligence(AI).

Key growth factors

The Middle East and Africa are playing an important role in the field of the autonomous vehicle. In Dubai, Future Foundation in collaboration with Dubai Roads and Transport Authority (RTA) launched Dubai Autonomous Transportation Strategy to regulate autonomous driving policies.
Dubai Autonomous Transportation Strategy has also included the metro stations in Dubai. It aims to build a self-driving system to carry millions of passenger every year.

Threats and key players

The region faces technological challenges even though UAE is progressing with its autonomous cars. There have been several public crashes in self-driving cars due to the software glitch. This lowers the confidant of acquiring a self-driving car.
The key players in the Middle East and Africa self-driving car are Apple, Microsoft, IBM, Toyota, and Volvo.

What’s covered in the report?

1. Overview of the Middle East and Africa self-driving car market
2. Market drivers and challenges in the Middle East and Africa self-driving car market
3. Market trends in the Middle East and Africa self-driving car market
4. Historical, current and forecasted market size data for the Middle East and Africa self-driving car market
5. Historical, current and forecasted market size data for the applications of cars in the Middle East and Africa self-driving car market (personal use and commercial use)
6. Historical, current and forecasted market size data for the automation level in the Middle East and Africa self-driving car market (semi-automation and fully-automation)
7. Historical, current and forecasted market size data for the technological components in the Middle East and Africa self-driving car market (radar sensors, video cameras, lidar sensors, ultrasound sensors and GPS navigation systems)
8. Historical, current and forecasted countries (UAE, Saudia Arabia and rest of MEA) market size data for the Middle East and Africa self-driving car market
9. Analysis of the competitive landscape and profiles of major companies operating in the market

Why buy?

1. To gain insightful analysis of the entire market and have a comprehensive understanding of the Middle East and Africa self-driving car market
2. To understand the growth drivers and challenges in the self-driving cars market and its impact on the Middle East and African scenario
3. To analyze the market potential, drivers, latest market trends, opportunities and challenges, self-driving cars market threats and risks
4. Identify major competitors, market dynamics, and respond accordingly
5. Devise market-entry strategies by understanding the factors driving the growth of the market
6. Get stakeholder and technology analysis, profiles of the relevant companies and start-up profiles

The post Middle East and Africa Self-driving Car Market (2018-2024) first appeared on CRI Report.

A self-driving car, also known as the driverless car or an autonomous car or robotic car uses a combination of cameras, radars sensor, GPS system and artificial intelligence (AI) to travel between destinations without the need of any human drivers. To quantify self-driving cars must be able to drive to a predetermined destination without human conduction. It is expected that the self-driving car would reduce car crash by 90%. The Latin America self-driving car market is expected to expand at a CAGR of 28.5%, leading to global revenue of USD 3.75 Bn by 2024.

Latin America self-driving market is further segmented based on applications, automation, and technological components. The segment applications are further categorized into personal use and commercial use. Initially, self-driving cars will be owned personally. The region is showing a great interest towards autonomous driving technologies. Approximately half of the people surveyed believe that autonomous vehicles will improve the mobility in the city.
Based on automation, the self-driving automation levels are categorized into semi-autonomous and full autonomous. Semi-autonomous cars are dominating the automation segment. However the, car-manufacturers targets to introduce full autonomous cars by 2020. The region has enormous potential for advanced driver assistance i.e. level 1 automation. Latin American market is very enthusiastic to own an electric vehicle. This would help the car manufacturers of the region to progress in their level of automation.

The self-driving car market is segmented based on various technological components that are used in autonomous cars like radar, lidar, automotive vehicle camera, ultrasonic sensor, and GPS navigation system. Radar-based driver assistance systems are already being used right now. As of now, these have been used for adaptive cruise control, collision warning systems, blind-spot monitoring, lane-change assistance, rear cross-traffic alerts and backup parking assistance.
Based on the countries, the self-driving car market is divided into Brazil, Argentina and the rest of LATAM. Autonomous cars have its highest presence in Brazil because the state has a robust connective infrastructure. Around 90% of the cities have 4G coverage. The citizens are also keenly interested in autonomous vehicle technology as their disposable income is increasing at a fast pace.

Key growth factors

Latin America can speed up the adoption of autonomous vehicles if proper measures are taken into consideration. According to a survey conducted by an automotive company, more than half of the surveyed population have favorable opinion about autonomous cars.
In Latin America, car manufacturer Nissan has announced to introduce 100% electric, zero-emission car called Nissan LEAF. Nissan plans to sell the cars in Argentina, Brazil, Chile, Colombia and Costa Rica by 2019

Threats and key players

Factors that may restrain the adoption of self-driving cars are regulation, poor infrastructure, i.e. poor road quality and less number of active AV test.
The key players in the Latin American self-driving car market are Apple, Microsoft, Toyota, Nissan and General Motors.

What’s covered in the report?

1. Overview of the Latin America self-driving car market
2. Market drivers and challenges in the Latin America self-driving car market
3. Market trends in the Latin America self-driving car market
4. Historical, current and forecasted market size data for the Latin America self-driving car market
5. Historical, current and forecasted market size data for the applications of cars in Latin America self-driving car market (personal use and commercial use)
6. Historical, current and forecasted market size data for the automation level in the Latin America self-driving car market (semi-automation and fully-automation)
7. Historical, current and forecasted market size data for the technological components in the Latin America self-driving car market (radar sensors, video cameras, lidar sensors, ultrasound sensors and GPS navigation systems)
8. Historical, current and forecasted countries (Brazil, Argentina, and rest of LATAM) market size data for the Latin America self-driving car market
9. Analysis of the competitive landscape and profiles of major companies operating in the market

Why buy?

1. To gain insightful analysis of the entire market and have a comprehensive understanding of the Latin America self-driving car market
2. To understand the growth drivers and challenges in the self-driving cars market and its impact on the Latin America scenario
3. To analyze the market potential, drivers, latest market trends, opportunities, challenges, self-driving cars market threats and risks
4. Identify major competitors, market dynamics and respond accordingly
5. Devise market-entry strategies by understanding the factors driving the growth of the market
6. Get stakeholder and technology analysis, relevant Companies’ profiles and start-up profiles

The post Latin America Self-driving Car Market (2018-2024) first appeared on CRI Report.

A self-driving car also known as the driverless car or an autonomous car, a robotic car uses a combination of, cameras, radars sensor, GPS system and artificial intelligence (AI) to travel between destinations without the need of any human drivers. To quantify self-driving cars must be able to drive to a predetermined destination without human conduction. It is expected that the self-driving car would reduce car crash by 90%. The Europe self-driving car market is expected to expand at a CAGR of 49.9%, leading to global revenue of USD 38.51 Bn by 2024.

Europe self-driving market self-driving market is further segmented based on applications, automation and technology components. The segment applications are also categorized into personal use and commercial use. Most of the self-driving cars on the road are owned for personal usage. ‘Robo taxi’ i.e. the self-driving taxi is expected to take over the transportation system. It would help to reduce purchasing cost and maintenance cost. It is supposed to encourage share riding concept.
Based on automation, the self-driving automation levels are categorized into semi-autonomous and full autonomous technology. Semi-autonomous cars are dominating the automation segment. Fully autonomous driven vehicles are still a long way to be introduced on the roads. European automakers are working on the manufacturing of semi-automation cars. Companies like Google, Audi and BMW are continuing its autonomous testing to handle safety challenges.

The self-driving Car market segment is based on various technological components that are used in autonomous cars like radar, lidar, automotive vehicle camera, ultrasonic sensor and GPS navigation system. The new car assessment program in Europe encourages the OEMs (original equipment manufacturers) to adopt ADAS (advanced driver assistance system) in all the new cars to promote safety. The European Commission is willing to legalize the use of 79GHZ radar sensor for ADAS applications.
Based on countries, the self-driving car’s market is segmented into EU5 and rest of EU5. The EU5 would secure the highest market share because countries like the U.K. and France are progressing with self-driving cars.

Key growth factors

European countries are following the same trend as that of North America toward driving an autonomous vehicle. The British government has already planned to adopt regulation of driverless technology regulation by summer 2017 and working on amending the international law to cover self-driving technology by 2018.
It is projected that there would be 25% of self-driving car penetration in this region by 2035. The countries would not witness a fully automated vehicle but would drive lots of manual cars with computerized features.

Threats and key players

Factor that may restrain the adoption of self-driving cars is lack of skill, strict data protection regulation set by the European Union.
The key players in the Europe self-driving car market are Apple, Microsoft, IBM, Volvo, Nissan and Bosch.

What’s covered in the report?

1. Overview of the Europe self-driving car market
2. Market drivers and challenges in the Europe self-driving car market
3. Market trends in the Europe self-driving car market
4. Historical, current and forecasted market size data for the Europe self-driving car market
5. Historical, current and forecasted market size data for the applications of cars in Europe self-driving car market (personal use and commercial use)
6. Historical, current and forecasted market size data for the automation level in the Europe self-driving car market (semi-automation and fully-automation)
7. Historical, current and forecasted market size data for the technological components in the Europe self-driving car market (radar sensors, video cameras, lidar sensors, ultrasound sensors, and GPS navigation systems)
8. Historical, current and the forecasted countries (EU5 and rest of EU5) market size data for the Europe self-driving car market
9. Analysis of the competitive landscape and profiles of major companies operating in the market

Why buy?

1. To gain insightful analysis of the entire market and have a comprehensive understanding of the Europe self-driving car market
2. To understand the growth drivers and challenges in the self-driving cars market and its impact on the European scenario
3. To analyze the market potential, drivers, latest market trends, opportunities and challenges, self-driving cars market threats and risks
4. Identify major competitors, market dynamics and respond accordingly
5. Devise market-entry strategies by understanding the factors driving the growth of the market
6. Get stakeholder and technology analysis, profiles of the relevant companies and start-up profiles

The post Europe Self-driving Car Market (2018-2024) first appeared on CRI Report.

A self-driving car also known as the driverless car or an autonomous car or robotic car uses a combination of, cameras, radars sensor, GPS system and artificial intelligence (AI) to travel between destinations without the need of any human drivers. To quantify as self-driving cars must be able to drive to a predetermined destination without human conduction. It is expected that the self-driving car would reduce car crash by up to 90%. The global self-driving car market is expected to expand at a CAGR of 50.9%, leading to global revenue of USD 155.69 Bn by 2024.

Artificial technologies power self-driving cars system. The software developer and car-manufacturer use vast amount of data from the sensors, image recognition that are integrated with machine learning that helps to build the autonomous car. The advanced control system use information from GPS and sensory to map the navigation path. Car manufacturers are investing heavily in artificial intelligence to succeed in the era of self-driving cars.

The global self-driving car market segment is based on applications, automation, and technological components and geography. The global market for self-driving cars can be categorized on the basis of its applications (personal use and commercial use) based on automation (semi-autonomous and fully-autonomous) and based on technological components (radar, lidar, automotive vehicle camera, ultrasonic sensor and GPS navigation system). Geographically, the self-driving car market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.

Key growth factors

The increasing concern for road safety and the automotive technological advancement are some other drivers which are making this market grow. To sustain a safe and efficient transportation system, this is important.
When a car can drive itself back home or pick up another person, not many cars will be needed on the road. This will result in less traffic, more available parking space, a greener environment, etc.

Threats and key players

Even though the self-driving car market is forecasted to experience positive growth globally. Testing self-driver cars on roads is a big challenge as any fault or glitch in the software may be fatal.
Major self-driving car providers operating in the market are divided based on technology providers (Microsoft, Apple, IBM, and Cisco) and automobile industry players (Waymo, Toyota, General Motors, Tesla, Volvo, and Nissan)

What’s covered in the report?

1. Overview of the global self-driving car market
2. Market drivers and challenges in the global self-driving car market
3. Market trends in the global self-driving car market
4. Historical, current and forecasted market size data for the global self-driving car market
5. Historical, current and forecasted market size data for the applications of cars in global self-driving car market (personal use and commercial use)
6. Historical, current and forecasted market size data for the automation level in the global self-driving car market (semi-automation and fully-automation)
7. Historical, current and forecasted market size data for the technology components in the global self-driving car market (radar sensors, video cameras, lidar sensors, ultrasound sensors and GPS navigation systems)
8. Historical, current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa) market size data for the global self-driving car market
9. Analysis of the competitive landscape and profiles of major companies operating in the market
10. Key recent developments in the global self-driving car market

Why buy?

1. To gain insightful analysis of the entire market and have a comprehensive understanding of the global self-driving car market
2. To understand the growth drivers and challenges in the self-driving cars market and its impact on the global scenario
3. To analyze the market potential, drivers, latest market trends, opportunities and challenges, self-driving cars market threats and risks
4. Identify major competitors, market dynamics and respond accordingly
5. Devise market-entry strategies by understanding the factors driving the growth of the market
6. Get stakeholder and technology analysis, profiles of the relevant companies and start-up profiles

The post Global Self-driving Car Market (2018-2024) first appeared on CRI Report.