Published on : Dec 28, 2018
Albany, New York, December 28, 2018: Global need for road safety triggered by rising road mishaps and accidents have augmented adoption of self-driving cars in several regions. Additionally, rising consciousness on economic fuel consumption and need for reduced environmental pollution further aid growth in global self-driving car market. However, limited awareness and inaccurate perception remain potential bottlenecks for steady growth. Market Research Hub (MRH) has recently added a new research offering titled, 'Self Driving Car Market Global Forecast by Levels, Components and Regions' to its fast expanding database to gauge through recent market developments and their eventual implications on holistic growth curve.
Advances in Machine Learning and Image Recognition: Leading Drivers
Technological developments remain primary amongst lead providers in self-driving car market. Market players are massively diverting substantial investments towards R&D initiatives to attain crucial breakthroughs to differentiate their offerings from leading competitors. Advancements in image recognition systems besides machine learning are likely to support emergence of novel self-driving car variants in foreseeable future. Further, inclusion of new market players will further pave new avenues in self-driving car market.
The global self-driving car market offers a deep dive overview of forecast figures based on credible and accurate market figures on the basis of current and historical market size and performance. Driving factors that shape growth and future growth scope of self-driving car market have been elaborately outlined in this section of the report to highlight actionable insights based on which market players in self-driving car market can facilitate profit oriented business decisions. Besides gauging macro and microeconomic factors this section of the report also allows readers to scout through recent trends and market developments that leverage growth in self-driving car market. Further in the course of the report readers are also offered a deep-dive analysis of dynamic segmentation based on which self-driving car market is splintered into hardware and software components, self-driving technological segmentation, and levels.
America to Retain its Dominance in Global Self Driving Car Market
Further in the course of the report readers can gain insightful market highlights on regional segregation and geographical scope based on which APAC, EMEA (Europe, MEA), and America are identified as dominant regional belts in global self-driving car market.
Competitive Overview: Global Self Driving Car Market
On the basis of thorough research postulates articulated in the report readers are presented with deep-dive analysis of key players complete with their recent developments, innovations, market contribution, as well as global positioning. Some of the forerunners identified in global self-driving car market comprise Apple, Google, and Mercedes-Benz.
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