As per a survey by CAR – Center for Automotive Research and McKinsey, the market size for ADAS is expected to be 15.5 billion US dollars in 2022 and 36 billion US dollars in 2025. The market for self-driving cars is highly valuable. The different sensors that have the potentiality to be used more in ADAS and AD systems are Radar, Lidar, Camera, and other … Continue reading Why ADAS and AD systems are growing high in self-driving cars?

As per a survey by Thomson Reuters and Morgan Stanley, the worth of each of the selected companies are in million US dollars. The survey was conducted in 2018 across the world. The sector is captured by well-known technological companies. The survey result shows the market cap value of the autonomous vehicle. In my opinion, it is a good amalgamation of various tech players and … Continue reading Do you know the market cap of companies in the field of Autonomous vehicles?

As per a survey conducted by PwC and Statista estimates, the situation in 2030 can be seen as being conquered by China. The competition to win the global market as well as be the top tech player in the international market can be seen aggressively being conquered by China. A completely new concept but then also in 9 years timeline, the roads of china in … Continue reading Do you know the situation of Autonomous vehicles in Europe, the USA and China?

Have you ever wondered that the way automakers are jumping into the new concept and the way reshaping the automobile industry is happening? Is there any demand for such vehicles across the European countries? As per a survey by PwC and Statista estimates, the rise is high in the demand of the autonomous vehicle on the road across the European countries. By 2030, around 6 … Continue reading Do you know the demand of autonomous vehicle in Europe?

As per a survey by Roland Berger, Forschungsgesellschaft Kraftfahrwesen Aachen, the following countries have been identified to lead the AVs and capturing the new innovative and more unique solution provided for the customers to travel freely without the limitations of driving license or navigating the traffic freely around your zone. The countries identified are USA, Germany, Sweden, United Kingdom, South Korea, Japan, China, France and … Continue reading Which countries are leading in Autonomous vehicle?