Self Driving Car Market has an opportunity of USD 300 Billion by the year 2030

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Self Driving Car Market

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Report Description and Highlights
Analyst View

The self-driving car, also known by the name of
the driverless car or an autonomous car, is a
vehicle which comprises of a combination of
sensors, radars, cameras and artificial
intelligence (AI), to travel from one place to
another without the requirement of human effort.
To meet the need of a fully autonomous vehicle,
these vehicles must be capable of navigating
themselves without any human interventions to its
predetermined destinations. Global Self Driving
Car Market is projected to cross US 300 Billion
mark by the end of the year 2030.

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Self Driving Car Market
Renub Research report titled "Self Driving Car
Market Global Forecast by Levels (L3, L4, L5)
Hardware (LIDAR, Radar, Cameras, Actuators,
Embedded Modem, Embedded Controls Hardware,
Passive Components, Other Electronics
Architecture, Odometry Sensors, Ultrasonic
Sensors, V2X Hardware, Mapping Hardware, HMI
Hardware) Software (V2X Software, Embedded
Controls Software, Mapping Software, Data
Security Software, HMI Software) Regions
(America, Europe, Middle East Africa, Asia
Pacific), Companies (Google, Apple,
MercedesBenz)" provides a detailed and
comprehensive insight of the Global Self Driving
Car Market. 

Read more here https//www.renub.com/global-autom
atic-self-driving-car-market-forecast-analysis-p.p
hp
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Self Driving Car Market
Self-driving or autonomous cars have irked human
interest for many years. For the first time, the
concept of the autonomous or self-driving car was
introduced to the people at the New Yorks World
Fair by the General Motors (GM) Futurama exhibit
as a part of its vision of the future. While in
the late 1960s, a self-driving car was developed
as a potential moon rover for the Apollo
astronauts. But, with growing technological
advancements in various fields such as in global
positioning system (GPS), computing power,
digital mapping, and sensor systems, the world of
autonomous cars is finally becoming a reality.
Efforts made by United States military research
arm (DARPA) along with several private
enterprises including players from automobile
industry and technology providers, the
self-driving car project have accelerated the
development of practical self-driving cars which
are safe and efficient in the modern
transportation systems. Artificial Intelligence
(AI) powered self-driving cars will make
remarkable progress in the automobile industry as
the governments are now jumping in with
legislation governing the use of self-driving
cars. The developers of autonomous cars use
massive amounts of data from image recognition
systems to building systems which include machine
learning and neural network and can drive vehicle
autonomously. In addition advanced control
systems help construe sensory information to
identify proper navigation routes as well as
obstacles, signs, and signals collectively. These
technologies help to detect changes on the road
through radars, lidars, odometry, computer
vision, and GPS including basic safeguards and
industry accountability. Automakers and
technology vendors such as Tesla, Mercedes-Benz,
Google, BMW, Ford, Cisco, Apple, and Audi are
investing in all such possibilities that help
succeed in the era of autonomous vehicles.

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Self Driving Car MarketShare Analysis

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Self Driving Car Market
The increasing acceptance of self-driving or
driverless cars by various governments is among
the major growth driver that is expected to drive
the growth of industrial applications of
autonomous vehicles in the years to come.
Further increase in the number of road
accidents, rising consumer demand for automation,
advancement in technology and the rise of the
mobility as a service (MaaS) also help Self
Driving Cars Market to touch new glory over the
coming years. Though the self-driving or
autonomous or driverless car market is
anticipated to grow positively globally,
uneasiness regarding the security and privacy
risk and lack of appropriate infrastructure that
is required to support self-driving cars may pose
some challenges for automobile industry players.
The autonomous vehicles need to connect to a wide
range of networks which can make it vulnerable to
security and privacy threats.
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Self Driving Car MarketShare Analysis
Global Self Driving Technology Market by Software
Components, 2020 - 2030

Source Renub Research Analysis
Note These are dummy figures
actual data given in the report
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Self Driving Car Market

• Market Summary
• Levels of Self Driving Cars, This reports
  provides the market and number of L3, L4, and L5
  
  
  types of autonomous cars in America, Europe
  Middle East Africa and Asia Pacific.
• Region-wise, United States accounts for the
  highest market. Other regions covered in the
  report are Europe Middle East Africa and Asia
  Pacific.
• Hardware components, the report captures the
  market of LIDAR, Camera, Embedded Modem, Passive
  Components, Odometry Sensors, V2X Hardware,
  Radar, Actuators, Embedded Controls Hardware,
  Other Electronics Architecture, Ultrasonic
  Sensors, Mapping Hardware and HMI Hardware.
• Software Components, market studied in the
  report are as follows Embedded Controls
  Software, Data Security Software, Mapping
  Software, V2X Software and HMI Software.

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Key Topics Covered in Self Driving Car Market
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Key Topics Covered in Self Driving Car Market
7. Market Share Self Driving Car Autonomous
Car Share Analysis 7.1 Hardware vs. Software
Self Driving Car 7.2 By Level of Driving
(L3, L4 L5) 7.3 By Region 7.4 By
Technology Hardware Components 7.5 By
Technology Software Components 8. Region
Autonomous Car Market 8.1 America 8.2
Europe, the Middle East and Africa 8.3 Asia
Pacific (APAC) 9. Region Self Driving Car
Volume 9.1 America 9.2 Europe, the Middle
East and Africa 9.3 Asia Pacific (APAC) 10.
Technology Self Driving Car Market 10.1
By Hardware Components 10.2 By Software
Components
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Key Topics Covered in Self Driving Car Market
11. Hardware Components Self Driving Car
Market 11.1 LIDAR 11.2 Radar 11.3
Camera 11.4 Actuators 11.5 Embedded
Modem 11.6 Embedded Controls Hardware 11.7
Passive Components 11.8 Other Electronics
Architecture 11.9 Odometry Sensors 11.10
Ultrasonic Sensors 11.11 V2X Hardware 11.12
Mapping Hardware 11.13 HMI Hardware 12.
Software Components Self Driving Car Technology
Market 12.1 V2X Software 12.2 Embedded
Controls Software 12.3 Mapping Software 12.4
Data Security Software 12.5 HMI
Software 13. Companies Analysis Self
Driving Car Market 13.1 Google 13.2
Apple 13.3 MercedesBenz 14. Driving
Factors 14.1 Safety 14.2 Congestion and
Traffic Operations 14.3 Travel Behavior
Impacts 14.4 Potential Automatic Vehicles
(AVs) Impacts
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Key Topics Covered in Self Driving Car Market
15. Challenges 15.1 Vehicle Cost and
Technology Hurdles 15.2 Automatic Vehicles
Licensing and Standards 15.3 Litigation,
Liability and Perception 15.4 Security 15.5
Privacy 15.6 Missing Research
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Key Topics Covered in Self Driving Car Market
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