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Autonomous Vehicle Market is Heavily Modifying Existing Offerings to Meet Changing Market Needs

The global autonomous vehicle market size is projected to reach USD 13 billion by 2025.

Dallas, United States – April 29, 2021 /MarketersMedia/

Equipped with diverse functional features and capabilities for improved efficiency, global autonomous vehicle market is likely to remain overtly lucrative backed by end-use adoption. Features such as light detection technology, RADAR sensing and AI enable large scale adoption and growth of global autonomous vehicles market in the coming years.

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Adroit Market Research takes a detailed look at the online market developments and their subsequent implications on holistic growth trajectory of global autonomous vehicle market in its recently entailed business intelligence report under the title, ‘Global Autonomous Vehicle Market by Component, Vehicle Type and Region, Forecast 2018-25’

Alphabet’s autonomous vehicle wing, Waymo has recently affirmed its massive funding worth $2.25 billion post its deal with investment companies Silver Lake Pension Plan and Mubadala Investment Company. The development will have a direct impact on the company’s decisive offering, portfolio expansion as well as facility and business expansion plans, to effectively secure a bullish stance in global autonomous vehicle market. Other significant developments encompassing systematic feature improvements of self-driving autonomous vehicles is also taking significant plunge for improved functionality. IN this regard, StradVision which is best known for its in AI based camera for autonomous vehicles is all set to upscale its SVNet Software for enhancing safety potential in self-driving cars, thus boosting substantial growth in global autonomous vehicle market.

Read complete report at: https://www.adroitmarketresearch.com/industry-reports/autonomous-vehicles-market

This detailed research report on global autonomous vehicles market is a mindful presentation of core market developments that have a significant impact on holistic growth trajectory of global autonomous vehicles market. The report opens with a definite market definition, followed by segment wise categorization to incur high profits and concomitant growth in global autonomous vehicles market. In terms of segmentation, global autonomous vehicles market is diversified into component and vehicle type.

In its concluding sections, the report lends versatile understanding on competition spectrum, identifying prominent players. Each of the players has been thoroughly assessed and evaluated to incur actionable insights on lucrative business strategies on the basis of which established as well as aspiring players can effectively deliver lucrative business discretion in global autonomous vehicles market.

Key Segments of the Global Autonomous Vehicle Market

Component Overview, 2018-2025 (USD Billion)

Sensors (optical, infrared, radar, laser, etc.)
Automated controls (braking, steering, signals, etc.)
Software & Services
Wireless networks (V2V, V2I, V2N, etc.)
Mapping and localization
AV artificial intelligence/machine learning

Vehicle Type Overview, 2018-2025 (USD Billion)

Passenger Cars

Regional Overview, 2018-2025 (USD Billion)

North America
Asia Pacific
South America
Middle East and Africa

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Table of Content:

Chapter 1 Introduction

1.1 Introduction to the Study

1.2 Market Definition and Scope

1.3 Units, Currency, Conversions and Years Considered

1.4 Key Stakeholders

1.5 Key Questions Answered

Chapter 2 Research Methodology

2.1 Introduction

2.2 Data Capture Sources

2.3 Market Size Estimation

2.4 Market Forecast

2.5 Data Triangulation

2.6 Assumptions and Limitations

Chapter 3 Executive Summary

Chapter 4 Research Methodology

4.1 Introduction

4.2 Data Capture Sources

4.3 Market Size Estimation

4.4 Market Forecast

4.5 Assumptions and Limitations

Chapter 5 Market Outlook

5.1 Introduction

5.2 Value Chain Analysis

5.3 Macroeconomic Indicators

5.4 Market Dynamics

5.5 Porter’s Five Forces Analysis

5.6 PESTEL Analysis

Chapter 6 Autonomous Vehicles Market by Component

6.1 Introduction

Chapter 7 Autonomous Vehicles Market by Vehicle Type

7.1 Introduction

Chapter 8 Autonomous Vehicles Market By Region

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 Middle East & Africa

8.6 South America

Chapter 9 Competitive Landscape

9.1 Company Ranking

9.2 Market Share Analysis

9.3 Strategic Initiatives

9.4 Mergers & Acquisitions

Chapter 10 Company Profiles

About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

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TX75204, U.S.A.

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Contact Info:
Name: Ryan Johnson
Email: Send Email
Organization: Adroit Market Research
Website: https://www.adroitmarketresearch.com/press-release/autonomous-vehicle-market

Source URL: https://marketersmedia.com/autonomous-vehicle-market-is-heavily-modifying-existing-offerings-to-meet-changing-market-needs/89008518

Source: MarketersMedia

Release ID: 89008518

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