Europe Autonomous Cars Market 2018-2024 Expected Developments to be observed worldwide

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Europe Autonomous Cars Market Application, Share,
Qualitative Research, Forecast 2018-2024
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Key Insights from Europe Autonomous Cars Market
According to the Graphical Research new growth
forecast report titled Europe Autonomous Cars
Market Size, By Level of Autonomy (Level-1,
Level-2, Level-3, Level-4), By Type (Internal
Combustion Engine (ICE), Hybrid Electric Vehicle
(HEV), Battery Electric Vehicle (BEV),
2019-2024, estimated to exceed 22 million units
by 2024. The autonomous car market in the region
is anticipated to increase due to the
technological advancement, focus on vehicle
automation and growing demand for luxury
vehicles. Also, the support for the adoption of
ADAS technology towards vehicle automation and
self-driven cars will have an impact on the
market growth. Additionally, the European Union
has made it mandatory that all vehicles should be
equipped with autonomous emergency-braking
systems and forward-collision warning systems by
2020, supporting the widespread adoption of ADAS
technology. The growth in the region is propelled
to various RD activities in collaboration of OEM
with technology providers. The prominent players
in the region are conducting various RD
activities to develop new autonomous vehicle
solution. These players are increasing the RD
spending to deploy new technologies in the
self-driving cars. Request for a sample of this
report _at_ https//www.graphicalresearch.com/request
/1199/sample The high cost of autonomous
vehicles is hindering the growth. The autonomous
vehicle requires high-tech infrastructure, hugely
expensive LiDAR and radar systems, princely deals
with high-definition maps and cloud computing
provider. The cost associated with all these
high-tech requirement increases the overall price
of the autonomous cars. Additionally, poor 4G
network connectivity limits the growth of
autonomous cars in the region.
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Continued...
The level-4 autonomous cars market is forecasted
to grow in the future years due to early adoption
of autonomous transport in the region. The
prominent players in the region are conducting
the level-4 test, the early conduction of test is
predicated to increases the market in the coming
years. Additionally, the authorities in the
France have stated that they will allow the
testing of Level-5 self-driving cars. The
initiatives taken for the early adoption of
autonomous transport in the region complimenting
the growth of autonomous cars market. Make an
Inquiry for purchasing this Report
_at_ https//www.graphicalresearch.com/request/1199/i
nquiry-before-buying The Europe autonomous cars
market is characterized by the presence of
various players such as Audi, BMW, Mercedes,
Volkswagen, Waymo, Volvo Car Corporation, Ford
Motor Company, General Motors Company, Volkswagen
Group, Uber Technologies Inc., Bosch GMBH, Toyota
Motor Corporation, Tesla Inc., Nvidia
Corporation, Aptiv PLC, Autoliv Inc and others.
The prominent players in the region are
leveraging on the strategy of partnership,
merger, acquisition and investments to bring
technological advancements
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Continued...
in the autonomous cars industry and expand its
services globally. For instance, In July 2017,
Bosch GMBH joined forces with Baidu and Nvidia
for its Apollo project. The joined forces aimed
at accelerating the development of self-driving
car technology. Segments we cover Europe
Autonomous Cars Market, By Level of
Autonomy Level-1 Level-2 Level-3 Level-4 Europe
Autonomous Cars Market, By Type Internal
Combustion Engine (ICE) Hybrid Electric Vehicle
(HEV) Battery Electric Vehicle (BEV)  
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reserved.


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Continued...
Browse key industry insights along with Table of
Content _at_ https//www.graphicalresearch.com/table-
of-content/1199/europe-autonomous-cars-market   Re
lated Reports Asia Pacific Autonomous Cars
MarketNorth America Autonomous Cars Market
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reserved.


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