Report Code: A07974 | Pages: NA | Jul 2023 | 3060 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Internal Combustion Engine Self-driving Car Market
Request Now !The movement torque provided to the self-driving cars is usually ensured by the internal combustion engine (ICE) by burning the fuel in the combustion chamber. Self-driving cars are the vehicles which are capable of sensing the environment around the vehicle and manoeuvring safely with a slight or even no human support. Furthermore, ICE autonomous vehicles are installed with various sensors such as light detection & ranging (LiDAR), artificial intelligence (AI), radio detection & ranging (Radar), sound navigation & ranging (Sonar), global positioning system (GPS) and odometry sensing technology to analyse the surroundings of the vehicle. Additionally, major developments in technology used in self-driving vehicles such as facial expression detection and activities such as braking & accelerations to avoid possible collisions 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 internal combustion engine self-driving car market.
COVID-19 scenario Analysis:Â
Growth in technology & dynamic mobility application such as connected vehicle, need for safe, productive & efficient driving option and integrity of technology 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 internal combustion engine self-driving car market trends are as follows:
Autonomous cars could reduce the number of accidents as it uses various sensors such as RADAR and LIMAR which helps the driver to avoid collision. However, the cybersecurity & safety concerns are the key factors which are hindering the market growth for the internal combustion engine autonomous cars. Furthermore, self-driving cars are installed with numerous artificial intelligence codes which can be easily manipulated by the hackers and hence electronic system can expose the driving routes & the destination which could threaten the privacy of passengers. For instance, in the year 2017, Chinese researchers hacked Tesla Model X via Wi-Fi & cellular connections by uploading software to the vehicle’s web browser and extracting navigation routes of the vehicle. Therefore, the cybersecurity and safety concerns regarding the vehicle, will hamper the growth of the internal combustion engine self-driving car market.
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Questions answered in the internal combustion engine self-driving car market research report:
Internal Combustion Engine Self-Driving Car Market Report Highlights
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Key Market Players | Volkswagen group, Ford motors, Mercedes Benz, Google Inc, Tesla Inc, Toyota Motors., BMW, General motors, Volvo cars, Apple Inc. |
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