lavesh shinde
New Member
- Impact
- 0
Dublin, March 18, 2020 (GLOBE NEWSWIRE) -- The "Autonomous/Driverless Car Market- Growth, Trends, and Forecast (2020 - 2025)"
The global autonomous/driverless car market was valued at USD 24.1 billion in 2019 and is expected to project a CAGR of 18.06%, during the forecast period, 2020-2025.
Autonomous cars use technologies like RADAR, LIDAR, GPS, and computer vision, in order to sense their environment. Advanced control systems that are integrated into the car can interpret the sensory inputs to detect the signboards or to avoid the collision.
Although, Level 4 and Level 5 (as scaled by SAE) autonomous cars are unlikely to reach wide acceptance, by 2030, there will be a rapid growth for Level 2 and Level 3 autonomous cars, which have advanced driver assistance systems, like collision detection, lane departure warning, and adaptive cruise control. Fully autonomous cars are not going to reach a wide customer base, unless, they are secure from cyber-attacks. If such concerns are addressed, the autonomous car market is estimated to reach USD 60 billion, by 2030.
so get it now best domain
The global autonomous/driverless car market was valued at USD 24.1 billion in 2019 and is expected to project a CAGR of 18.06%, during the forecast period, 2020-2025.
Autonomous cars use technologies like RADAR, LIDAR, GPS, and computer vision, in order to sense their environment. Advanced control systems that are integrated into the car can interpret the sensory inputs to detect the signboards or to avoid the collision.
Although, Level 4 and Level 5 (as scaled by SAE) autonomous cars are unlikely to reach wide acceptance, by 2030, there will be a rapid growth for Level 2 and Level 3 autonomous cars, which have advanced driver assistance systems, like collision detection, lane departure warning, and adaptive cruise control. Fully autonomous cars are not going to reach a wide customer base, unless, they are secure from cyber-attacks. If such concerns are addressed, the autonomous car market is estimated to reach USD 60 billion, by 2030.
so get it now best domain
