Autonomous Cars Market

May 2020| VMR2521A| Verified Market Research

Report Highlights

Autonomous Cars Market Size And Forecast

Autonomous Cars Market was valued at USD 5.39 Billion in 2018 and is projected to reach USD 45.05 Billion by 2026, growing at a CAGR of 30.24% from 2019 to 2026.

Global Autonomous Cars Market Outlook

The enhanced safety offered by autonomous cars and technological advancements is expected to boost the growth of global autonomous cars market. The supportive government initiatives and policies for the self-driving technology, the intensive research and development activities for the development of self-driving technology and rising investment in the auto-tech also propel the market growth. However, the ambiguous laws and regulations regarding the use of autonomous cars and inappropriate use of technology are expected to inhibit the market growth. Furthermore, an autonomous car with enhanced functionalities can create lucrative opportunities for the market.

Global Autonomous Cars Market Competitive Landscape

The Global Autonomous Cars Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Nissan Motor Co. Ltd., Google Inc., General Motors Company, Uber Technologies Inc., Toyota Motor Corp., Volkswagen AG, Tesla Inc., Daimler AG, Volvo Cars, and BMW.

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