Autonomous Vehicle – 5 Factors Driving the Rapid Growth

The Global Autonomous Vehicle Market Research Report is a detailed and professional study on the present landscape of the Autonomous Vehicle industry. In the first section, the report provides a basic overview of the definitions, applications, classifications, and the industry chain structure. The market analysis has been provided on a global scale, including the traditional & present growth analysis, competitive analysis, and the growth prospects of the major regions. In the next section, the report discusses the development plans and policies, as well as the manufacturing processes and cost structures of the overall industry. This report also states supply and consumption figures, import/export rate, as well as revenue, cost, price, and gross margin by the major regions, including both global and local.

Global Autonomous Vehicle Market is expected to reach USD 34.1 Bn by 2027, with a growing CAGR of 23.5% during the forecast period 2021-2027.

The report then focuses on the leading competitors considering their company profiles, product portfolio and offerings, key developments, capacity, revenue, production, value, volume, cost, price, and contact information. Upstream raw materials & equipment and downstream demand & consumer analysis has also been carried out. The report also mentions the market dynamics, industry trends and patterns, and marketing and distribution channels. In the last section of the report, the feasibility of new investment projects is assessed and overall research conclusions are offered.

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The key players operating in the Global Autonomous Vehicle Market are:

Microsoft, Google, IBM Corporation, Intel Corporation, Inbenta Technologies Inc., Nuance Communications, Inc., ComplyAdvantage, Salesforce.com, Inc., Amazon Web Services, Inc., SAMSUNG, Amelia US LLC, Upstream Tech, Inc, SparkCognition, Traydstream, Alibaba Cloud, Sift, Nauto, Inc., Tempus Labs, Inc., Siemens, AEye, Inc., and Among Others

Competitive Landscape Analysis

One of the major factors driving the growth of the Global Autonomous Vehicle Market is the growing automotive industry. Stringent government regulations with regards to the vehicle safety and fuel economy, so as to increase the feasibility of the vehicle and reduce its curb weight is also expected to drive the market growth. Moreover, the competition between the vehicle manufacturers is growing, due to the large volumes of sales with collaborations from legislative bodies and public sectors, to make public transport cleaner and greener. Hence, the automobile manufacturers are increasing their geographical presence and product offerings to sustain the intense competition and attract maximum sales.

By Type: Solution, Service

By Application: Virtual Assistant, Business Analytics & Reporting, Customer Behavioral Analytics

By Deployment Mode: Cloud, On-Premises

Global AI in Fintech Market by Region Outlook (Revenue, USD Million, 2021-2027)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa