7272 ledlights.blog

Is driverless car a passive market?

As the interest in technology is raising its bar among the consumer and so does the companies, the number of patents being filed is increasing and so does the projected revenue for such autonomous driving level 4. As the share of the market is increasing in billion dollars, there is no doubt the driverless car is creating a wave.

image 16 ledlights.blog
Source(s):- LexisNexis Patentsight; Statista (Largest autonomous driving patent owners worldwide from 2010 to June 2019, by number of active patent families)
image 17 ledlights.blog
Source(s):- Frost & Sullivan; Statista (Projected L4 autonomous driving market size worldwide between 2022 and 2030 (in billion U.S.
dollars)

In my opinion, it is a steady market with potential growth in steps.

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