What is the market scenario of Autonomous vehicles?

As the vision of an autonomous market is not just a simulation game but a reality on the road. The development of the driverless car indicates that the vehicle is going to be faced with more security issues and also need to handle by the hackers properly. A normal vehicle mainly relies on 300 lines of codes or it will contain more than 1 TB … Continue reading What is the market scenario of Autonomous vehicles?

How many Start-ups are investing in an Autonomous vehicle Market?

The investment is increasing with the need to capture the market in an autonomous vehicle for Startups. The market is generating immense capability for profit-making ability and venture into areas of being a supplier to major components or software units or enhancing the technology, larger units, or manufacturing units for the mass production.  Nuro- The company headquarter is in the US, the aim of such … Continue reading How many Start-ups are investing in an Autonomous vehicle Market?

Is Vietnam in support of Autonomous vehicles?

The prospect of the AV market has become so intensified and rivalry that countries across the world are eyeing the result and finally get to see Autonomous cars on the road. The major challenges are traffic signals and signboards. The tackling of such traffic signals is something that needs to be done in a strategic manner so that Autonomous cars can smoothly navigate and operate … Continue reading Is Vietnam in support of Autonomous vehicles?

Which non-automotive companies are working on Autonomous Vehicles?

The driverless vehicle market is different from the traditional market of the automotive industry opened a pathway for many technologically advanced companies. A sector that was highly dominated by mechanical engineers or other auto experts is now getting dominated by the best programmers or engineers working in the sensors and electrical field. The knowledge of the automotive parts is important. However, level 4 or level … Continue reading Which non-automotive companies are working on Autonomous Vehicles?

Which service providers are interested on Autonomous Vehicles?

Even though it was Tesla who initiated the project (driverless vehicles), however, the need for such advanced technologies has not been limited to the auto manufacturer but also the fleet service providers. Who are finding the solution to be quite innovative and a profit-making platform. The top service providers interested in driverless vehicles:- Uber: The US-based ride-sharing service company with more than 110 million users across the … Continue reading Which service providers are interested on Autonomous Vehicles?

Which companies are in partnerships in the AV market?

The initiatives in the race to conquer the AV market can be seen as an opportunity for market players from different segments to collaborate on a high scale. The platform provided ample opportunity to collaborate not just on the monetary ground but also merging of experience and knowledge with expertise from different sectors of the world. As the AV market is seen as a lucrative … Continue reading Which companies are in partnerships in the AV market?

How AV market can be supported?

The global market value for self-driving vehicles is around $42 billion, capable of piloting through highway and traffic jams. It is projected that around 15% of the total cars sold in 2035 will be partially autonomous vehicles and 10% fully autonomous cars. The AV market is a billion-dollar value. The countries competing with the latest embedded technologies are The Netherlands, Singapore, United States, Sweden, United … Continue reading How AV market can be supported?

Who are the top companies in Autonomous vehicle industry?

The global value of the autonomous vehicle industry is projected to be $556.67 billion by 2026 with a CAGR of 39.47%. The self-driving vehicles are designed with artificial intelligence (AI) software, light detection & ranging (LiDAR), and RADAR sensing technology to further monitor the 60-meter range around the car and form an active 3D map of the current environment. However, the technology has been redefined … Continue reading Who are the top companies in Autonomous vehicle industry?

What AVs are creating in the market?

The race to achieve the fully autonomous vehicle on road, i.e. Level 5, is getting intense where Tesla promised to deliver it by the year-end. It’s already November till no sign, however, the situation in the vehicle, AVs market indicates where the automotive industry is heading on. The change has just not disrupted the original pioneers but got the attention of companies who are in … Continue reading What AVs are creating in the market?

LiDAR or Camera for Autonomous vehicle?

The situation is intense with ideas bombarding various experts across the world to have the best possible way of addressing the issue with a driverless car, i.e. level 4 and level 5 AVs. AVs Camera or LiDAR. Fully operation able and like a human driver, level 4 and level 5 vehicles are supposed to be driving. However, the reality is much different from intense rivalry … Continue reading LiDAR or Camera for Autonomous vehicle?