DUBLIN--(BUSINESS WIRE)--The "Global Automated Steering Wheel Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global automated steering wheel market is expected to grow at a CAGR of 41.61% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increased funding into R&D of autonomous vehicles. Automotive artificial intelligence is an expensive affair and its development requires heavy investment. Several car maker companies are focusing on capturing the market by competing to be the first to develop fully functioning autonomous vehicles.
According to the report, one driver in the market is increasing demand for luxury cars with advanced features. Equipped with advanced technology and feature updates, luxury cars can be differentiated from fully equipped variants of computer cars. Luxury vehicle models showcase the brand image of the company and due to this reason, the automakers equip their luxury vehicle models with the latest technology.
Further, the report states that one challenge in the market is development of autonomous cars without steering wheels. Autonomous cars are designed to successfully navigate around obstacles and in different terrains and reach a predetermined destination without any aid from a human.
- Nexteer Automotive
- ZF Friedrichshafen
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Vehicle Type
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/8cm23f/global_automated?w=4