Semi-Autonomous Vehicles Market worth 7.84 Million Units by 2021
Semi-Autonomous and Autonomous Vehicles Market categorizes the Global Market by Technology, Components, Powertrain (Conventional Vehicle, Hybrid Vehicle, and Electric Vehicle) and Region
(EMAILWIRE.COM, May 11, 2017 ) "Semi-Autonomous and Autonomous Vehicles Market by Technology, Components, Powertrain (Conventional Vehicle, Hybrid Vehicle, and Electric Vehicle) and Region - Global Forecast to 2021 & 2030"
The global semi-autonomous vehicles market is estimated to be 3.17 Million units in 2016, and is projected to grow at a CAGR of 19.85% from 2016 to 2021, to reach 7.84 Million units by 2021. However, global autonomous vehicles market is estimated to be 0.18 Million units in 2025, and is projected to grow at a CAGR of 41.26% from 2025 to 2030, to reach 1.01 Million units by 2030.
The growth of this market is fueled by technological developments and need for safety & security concerns.
Browse 106 market data tables and 55 figures spread through 150 pages and in-depth TOC on "Semi-Autonomous and Autonomous Vehicles Market by Technology, Components, Powertrain (Conventional Vehicle, Hybrid Vehicle, and Electric Vehicle) and Region - Global Forecast to 2021 & 2030"
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Adaptive front lights (semi-autonomous) and RADAR (autonomous) to hold the largest share in the semi-autonomous and autonomous vehicles market, by technology type
The adaptive front light is estimated to account for the largest share in the global semi-autonomous vehicles market, whereas RADAR technology is estimated to account for the largest share in the global autonomous vehicles market. The park assist technology is one of the most helpful techniques that aids in parking the vehicle easily in most congested spaces, which most of drivers fail to do.
Passenger Cars: Increase in high global production of cars in developed and developing countries
Passenger cars are expected to constitute the largest share, in term of value, in the global semi-autonomous and autonomous vehicles market. This can be attributed to the growing need of highly secured personal cars and government norms in the emerging economies. It has triggered the demand for semi-autonomous and autonomous vehicles, from consumer side. The demand is expected to increase in developing and developed countries such as U.S.A, Germany, China, and Japan, where key car manufacturers are located.
Europe and North America: Leading the semi-autonomous and autonomous vehicles market
Europe and North America is estimated to account for the largest share, in terms of volume, of the semi-autonomous and autonomous vehicles market in 2016, respectively. The region comprises developed economies in the world, including U.S. and Germany. This has led to an increase in vehicle production volumes over the years, with OEMs catering not only to the domestic demand but to overseas demand as well. The major players which are covered in this report are, Tesla Motors, Google Inc., Cisco Systems, Delphi Automotive, Volkswagen Group, Daimler Group and Visteon Corp.
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
The global semi-autonomous vehicles market is estimated to be 3.17 Million units in 2016, and is projected to grow at a CAGR of 19.85% from 2016 to 2021, to reach 7.84 Million units by 2021. However, global autonomous vehicles market is estimated to be 0.18 Million units in 2025, and is projected to grow at a CAGR of 41.26% from 2025 to 2030, to reach 1.01 Million units by 2030.
The growth of this market is fueled by technological developments and need for safety & security concerns.
Browse 106 market data tables and 55 figures spread through 150 pages and in-depth TOC on "Semi-Autonomous and Autonomous Vehicles Market by Technology, Components, Powertrain (Conventional Vehicle, Hybrid Vehicle, and Electric Vehicle) and Region - Global Forecast to 2021 & 2030"
Download PDF Brochure @
http://www.marketsandmarkets.com/pdfdownload.asp?id=1220
Early buyers will receive 10% customization on reports.
Adaptive front lights (semi-autonomous) and RADAR (autonomous) to hold the largest share in the semi-autonomous and autonomous vehicles market, by technology type
The adaptive front light is estimated to account for the largest share in the global semi-autonomous vehicles market, whereas RADAR technology is estimated to account for the largest share in the global autonomous vehicles market. The park assist technology is one of the most helpful techniques that aids in parking the vehicle easily in most congested spaces, which most of drivers fail to do.
Passenger Cars: Increase in high global production of cars in developed and developing countries
Passenger cars are expected to constitute the largest share, in term of value, in the global semi-autonomous and autonomous vehicles market. This can be attributed to the growing need of highly secured personal cars and government norms in the emerging economies. It has triggered the demand for semi-autonomous and autonomous vehicles, from consumer side. The demand is expected to increase in developing and developed countries such as U.S.A, Germany, China, and Japan, where key car manufacturers are located.
Europe and North America: Leading the semi-autonomous and autonomous vehicles market
Europe and North America is estimated to account for the largest share, in terms of volume, of the semi-autonomous and autonomous vehicles market in 2016, respectively. The region comprises developed economies in the world, including U.S. and Germany. This has led to an increase in vehicle production volumes over the years, with OEMs catering not only to the domestic demand but to overseas demand as well. The major players which are covered in this report are, Tesla Motors, Google Inc., Cisco Systems, Delphi Automotive, Volkswagen Group, Daimler Group and Visteon Corp.
Request For A Customization @
http://www.marketsandmarkets.com/requestCustomization.asp?id=1220
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results