For overview analysis, the report introduces Level 3 Autonomous Vehicle Market basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc.
Research Analysts Announces the Publication of its Research Report – Global Level 3 Autonomous Vehicle Market 2017-2021
Research Analysts recognizes the following companies as the key players in the global level 3 autonomous vehicle market: Bosch, Continental, Delphi, Mobileye, and Velodyne
Other Prominent Vendors in the market are: Apple, Baidu, Google, LeddarTech, Magna International, NVIDIA, Quanergy Systems, and Uber.
The Research analysts forecast the global level 3 autonomous vehicle to grow at a CAGR of 23.08% during the period 2017-2021.
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Commenting on the report, an analyst from Research Analysts team said: “In recent years, the number of electronic components in vehicles has increased exponentially. This is due to the growing number of installation of driver assistance and safety features in automobiles. With the advent of autonomous vehicles and connected car technology, the complexity has further increased in automobiles. Thus, electronics hardware and software are the most crucial parts of today’s automobile.”
According to the report, the availability of truck-only lanes or highways in several developed areas of the globe (such as the US and Europe) are likely to offer a conducive environment for the development and deployment of semi-autonomous vehicles in the HCV segment. These factors are expected to positively impact the semi-autonomous vehicle market.
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Further, the report states that the system reliability is being challenged by users, and this determines the acceptance level of users. Since the PVs market is likely to register a high number of first-time users of these autonomous technologies, customers have to be repeatedly assured on the reliability factors associated with such new technology-enabled systems and sub-systems.
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Level 3 Autonomous Vehicle Market Study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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