SELF DRIVING CARS MARKET

INTRODUCTION TOSELF DRIVING CARS MARKET

Autonomous or driverless cars, often referred to as self-driving cars, are automobiles with cutting-edge sensors, cameras, and artificial intelligence (AI) systems that allow them to navigate and run without the need for a human driver.

To convey people from one place to another securely, these vehicles can assess their surroundings, make choices, and regulate their motions.

 In order to sense their environment and recognize obstacles, people, other vehicles, and road markings, self-driving cars are outfitted with a variety of sensors, including LiDAR (Light Detection and Ranging), radar, cameras, and ultrasonic sensors.

Advanced AI algorithms are used by onboard computer systems to process the sensor data.

The car can negotiate challenging driving situations because the AI analyses the data and makes decisions in real-time.

According to the SAE's definition of self-driving cars' capabilities, these vehicles are divided into levels.

Levels start at Level 0 (no automation) and go up to Level 5 (complete automation), when the car can handle every aspect of driving on its own.

Despite these obstacles, the development of self-driving cars has advanced significantly, and numerous businesses are running rigorous testing and pilot projects to make them a reality sooner rather than later.

The adoption of self-driving vehicles is anticipated to progressively change the way people travel in the future, perhaps enhancing traffic efficiency and road safety.

Liability determination in self-driving car accidents is a complicated matter that calls for taking both legal and insurance issues into account.

SELF DRIVING CARS MARKET SIZE AND FORECAST

The Global self driving cars market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

SELF DRIVING CARS MARKETNEW PRODUCT LAUNCH

Volkswagen intends to introduce self-driving cars in Austin for services like ride-hailing and package delivery.

The German manufacturer has been working with supplier Mobileye in a strategic move after earlier placing an expensive wager on Ford's now-closed self-driving car unit, Argo.

Volkswagen intends to test 10 ID Buzz electric vehicles in Austin's restricted zones, including downtown, while equipped with Mobileye's autonomous driving platform and safety drivers on board.

Volkswagen has joined GM's Cruise and Alphabet's Waymo in testing self-driving cars in Austin, Texas, which is recognized for having the laxest rules in the US on the subject.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many self driving cars are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global self driving cars and key vendor selection criteria
3. Where are the self driving cars manufactured? What is the average margin per unit?
4. Market share of Global self driving cars market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global self driving cars in-house
6. key predictions for next 5 years in Global self driving cars market
7. Average B-2-B self driving cars market price in all segments
8. Latest trends in self driving cars market, by every market segment
9. The market size (both volume and value) of the self driving cars market in 2024-2030 and every year in between?
10. Production breakup of self driving cars market, by suppliers and their OEM relationship