DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Semi-Autonomous and Autonomous Vehicles Market by Technology, Components, Powertrain (Conventional Vehicle, Hybrid Vehicle, and Electric Vehicle) and Region - Global Forecast to 2021 & 2030" report to their offering.
The global increase in vehicle production with eased driving and increased safety & security concern gives the thrust for semi-autonomous and autonomous vehicles growth
The semi-autonomous vehicles market was estimated to be 3.17 million units in 2016 and is projected to reach 7.84 million units by 2021, with CAGR of 19.85%. The autonomous vehicles market was estimated to be 0.18 million units in 2025 and is projected to reach 1.01 million units by 2030, with CAGR of 41.26%. The growth mainly contributes from global vehicle production of 92.6 million units in 2015, compared to 89.9 million units in 2014.
The driving error can be minimized by providing driving assistance or if the vehicle be transformed into a self-driven one, wherein automated driving technology helps to reduce the error caused by drivers. The sensor technology in automated driving is likely to play a crucial role, which can efficiently scan the surrounding environment better than human senses, distant vision ahead, detect small obstacles, better traffic management and so on.
The self-driving cars are more efficient than human driven cars, for instance while driver is driving a vehicle he/she are unaware of the fuel ratio consumed on sudden over speeding and braking on vehicle. That can consume more fuel and later on it can also technically affect cylinder piston, which can be circumvented in automated driving. The automated driving monitors the vehicle's heart (engine and transmission), in order to keep the vehicle condition at optimal level, while moving.
Asia-Pacific market plays crucial role in semi-autonomous and autonomous vehicles growth.
Major players profiled in the report are:
- Volkswagen Group (Germany)
- Nissan motor (Japan)
- Daimler (Germany)
- Tesla Motors (U.S.)
- Continental Ag (Germany)
- Bosch (Germany)
- Delphi Automotive (U.S.)
- Google (U.S.)
- Cisco Systems Inc. (U.S.)
- Visteon Corporation (U.S.)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Semi-Autonomous and Autonomous Vehicle Market, By Vehicle Type
7 Semi-Autonomous and Autonomous Vehicles Market, By Technology
8 Semi-Autonomous and Autonomous Vehicles Market, By Component
9 Semi-Autonomous and Autonomous Vehicles Market, By Powertrain Type
10 Semi-Autonomous and Autonomous Vehicle Market, By Region
For more information about this report visit http://www.researchandmarkets.com/research/3jw44d/semiautonomous