Report Code: A07760 | Nov 2023 | Pages: NA | ||
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Request Now !Self-driving cars are capable of sensing the environment around the vehicle with the usage of various innovative sensors such as sound navigation & ranging (Sonar), global positioning system (GPS), light detection & ranging (LiDAR), artificial intelligence (AI), radio detection & ranging (Radar) and odometry sensing technology. Thereby, autonomous sensors help in analysing & creating a virtual map of the surroundings around the vehicle and driving safely with a slight or even no human inference. The rotation torque provided to the self-driving cars is usually ensured by the internal combustion engine coupled with the battery pack installed in the hybrid electric vehicle. Additionally, major developments in technology used in self-driving vehicles such as braking & accelerations to avoid possible collisions and facial expression detection makes the vehicle powerful, effectual, & attractive. Therefore, the innovative autonomous technology provided by the self-driving car manufacturers is expected to drive the market growth for the hybrid electric self-driving car market.
Growth in technology & dynamic mobility application such as connected vehicle, need for safe, productive & efficient driving option and reduction of the carbon discharge from autonomous vehicles are driving the growth of the market. However, cyber security & safety concerns and non-availability of required infrastructure in developing countries is expected to hamper the growth of the market. Contrarily, autonomous cars as a mobility service and robotic assistance helps in the growth of self-driving car can be seen as an opportunity for the market investments.
The hybrid electric self-driving car market trends are as follows:
Hybrid electric self-driving cars can help reduce the carbon pollution emitted when compared with the diesel or petrol vehicles. Owing to the strict government policies major automotive manufacturers are investing a huge amount of money in the production of electric self-driving vehicles. For instance, Apple Inc. has invested $1 billion in the project Titan for the development of an electronic autonomous car by collaborating with BMW, the car launch is expected in the . Furthermore, autonomous technologies such as braking & accelerations to avoid possible collisions, consistent driving speeds and keeping a measured distance between the vehicles can avoid unnecessary breaking & re-acceleration. Moreover, electronic models of self-driving cars with a hybrid electric engine can further reduce pollution by reducing the use of crude oil. Therefore, the reduction of the carbon discharge from autonomous vehicles is anticipated to boost the market growth for the hybrid electric self-driving car during the forecast period.
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Questions answered in the hybrid electric self-driving car market research report:
Hybrid Electric Self-Driving Car Market Report Highlights
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Key Market Players | Volvo cars, Google Inc, Mercedes Benz, Ford motors, BMW, General motors, Tesla Inc, Volkswagen group, Toyota Motors., Apple Inc. |
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