Autonomous Car-as-a-Product (CaaP) Market: Introduction Autonomous Car-as-a-Product concept features a fully autonomous vehicle that is available for private purchase. Consumers would have the option to use the fully autonomous mode, or switch to manual mode and drive the vehicle themselves. Car-as-a-Product without full automation exists currently as a privately-owned vehicle. Key Players Operating in Autonomous Car-as-a-Product (CaaP) Market The global autonomous Car-as-a-Product (CaaP) market is moderately consolidated. A few of the key players operating in the global autonomous Car-as-a-Product (CaaP) market are:
GM
Nissan
Zoox
Baidu
Tesla
Nuro
Waymo
Argo AI
Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=81755 Key Drivers of Autonomous Car-as-a-Product (CaaP) Market The autonomous Car-as-a-Product (CaaP) market has been driven by the need for ease in driving, concerns about safety and security, stress-free parking. Newer cars already feature machinecorrective and machine-assisted technologies such as lane correction, potential collision detection, and automated parking. Some automaker including Tesla and Audi include semi-autonomous driving features that fall in the Level 3-functionality tier. Challenges in Autonomous Car-as-a-Product (CaaP) Market Use of advanced technology and expensive equipment functional materials make autonomous cars expensive. Furthermore, automakers invest significantly on R&D, which also makes autonomous cars expensive. Thus, the cost of autonomous cars is initially high. However, the cost of the vehicle is anticipated to decrease after 10 years, giving way for the average consumer to afford such vehicles. Therefore, the high cost is a major factor that is estimated to hinder the autonomous car-as-aproduct market in the next few years. Global Autonomous Car-as-a-Product (CaaP) Market: Research Scope Global Autonomous Car-as-a-Product (CaaP) Market, by Autonomy Level
Level 1
Level 2
Level 3