Semi-Autonomous and Autonomous Vehicles
Market by Technology, Components, Powertrain
(Conventional Vehicle, Hybrid Vehicle, and
Electric Vehicle) and Region - Global Forecast to
2021 & 2030
No of Pages – 156
Publishing Date - May 10, 2017
Browse detailed TOC, Tables, Figures, Charts in Semi-Autonomous and Autonomous Vehicles
Market by Technology, Components, Powertrain (Conventional Vehicle, Hybrid Vehicle, and
Electric Vehicle) and Region - Global Forecast to 2021 & 2030 at -
https://www.absolutereports.com/10794757
“The global increase in vehicle production with eased driving and increased safety & security
concern gives the thrust for semi-autonomous and autonomous vehicles growth”
The semi-autonomous vehicles market was estimated to be 3.17 million units in 2016 and is
projected to reach 7.84 million units by 2021, with CAGR of 19.85%. The autonomous vehicles
market was estimated to be 0.18 million units in 2025 and is projected to reach 1.01 million units by
2030, with CAGR of 41.26%. The growth mainly contributes from global vehicle production of 92.6
million units in 2015, compared to 89.9 million units in 2014.
“Technology swap: The benchmark of the normal driving to advanced driving system”
The driving error can be minimized by providing driving assistance or if the vehicle be transformed
into a self-driven one, wherein automated driving technology helps to reduce the error caused by
drivers. The sensor technology in automated driving is likely to play a crucial role, which can
efficiently scan the surrounding environment better than human senses, distant vision ahead, detect
small obstacles, better traffic management and so on.
“Industry towards reducing operating cost of vehicle in efficient way”
The self-driving cars are more efficient than human driven cars, for instance while driver is driving a
vehicle he/she are unaware of the fuel ratio consumed on sudden over speeding and braking on
vehicle. That can consume more fuel and later on it can also technically affect cylinder piston, which
can be circumvented in automated driving. The automated driving monitors the vehicle’s heart
(engine and transmission), in order to keep the vehicle condition at optimal level, while moving.
“Asia-Pacific market plays crucial role in semi-autonomous and autonomous vehicles growth”
The region consists of major home grown innovative automotive vehicle manufacturing companies