DUBLIN—Research and Markets has announced the addition of the "Autonomous Vehicle Market: Global Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023" report to their offering.

The global autonomous vehicles market revenue is expected to grow at a CAGR of 39.6% during the forecast period 2017-2027 reaching $126.8 bilion by 2027.

Globally, automakers are aggressively focusing on autonomous vehicles to satisfy customer demand, to remain competitive and to improve their product portfolio. The autonomous vehicles or driverless vehicles are those which can drive themselve without any human intervention, employing inbuilt software, sensors, and communication systems. The driving capability of the autonomous vehicles differs based on automation levels.

Increased investments by automakers, the changing needs and behaviour of customers, and environment-friendly features of autonomous vehicles are expected to drive market growth. The market is analyzed based on the sensors, hardware, software, services, regions, and autonomous vehicles types.

The trending advanced technology, artificial intelligence (AI), is expected to play a significant role in the global autonomous vehicle market. The automakers and technical vendors are investing in AI to succeed in the era of autonomous vehicles. Furthermore,vehicle shared services such as car sharing/ taxi sharing will reach a higher adoption rate as individuals are most likely to use these kind of services due to greater affordability and ease.

Some of the key players covered in the report are Apple, Google, Nissan Motor, Ford Motor, Intel, Volvo, General Motors, Argus Cyber Security, nuTonomy, Almotive,and Autoliv.

Market Dynamics

Drivers

  • Improve the transportation safety
  • Reduce Operating cost & Environment friendly

Restraints

  • Infrastructures connectivity
  • Government Regulatory Standards
  • Technology Standards

Opportunities

  • Business Opportunities for Service Provides
  • Electrical vehicles in Developing countries

Key Topics Covered:

1 Industry Overview

2 Report Outline

3 Market Characteristics

4 Types: Market Size and Analysis

5 Autonomous vehicle levels: Market Size and Analysis

6 Regions: Market Size and Analysis

7 Vendor Profiles

8 Global Vendors

9 Key Companies to Watch

10 Competitive Landscape

  • General Motors
  • Ford Motor Company
  • Nissan Motor Company Ltd.
  • NXP Semiconductors NV
  • Delphi Automotive PLC.
  • Google Inc
  • Intel Corp
  • Apple Inc
  • Argus Cyber Security
  • FiveAI
  • AImotive
  • nuTonomy

For more information about this report visit https://www.researchandmarkets.com/research/5nzvvh/autonomous

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716