Semi-Autonomous Vehicle Market Development Trends , Analysis And Forecasts: Grand View Research Inc.


 San Francisco, 6 Aug 2021: The Report Semi-Autonomous Vehicle Market Size, Share & Trends Analysis Report By Level of Automation (Level 1, Level 2, Level 3), By Vehicle Type (Passenger Car, Commercial Vehicle), By Region, And Segment Forecasts, 2021 - 2028

A semi-autonomous vehicle can accelerate, decelerate, and stop without any human intervention. These vehicles may be able to keep in lane, and they may also be able to park on their own. The thing we need to remember is that semi-autonomous vehicles are not self-driving vehicles. There are several big players in the semi-autonomous vehicle industry. Audi AG, BMW AG, Continental AG, and Ford Motor Company are to name a few. All these companies are equally important for the rise of the semi-autonomous vehicles market. The Level 1 automation segment has captured the highest volume share of the semi-autonomous vehicle industry in the year 2020. It is also anticipated to see a CAGR of 20% in 2021-2028. In a Level 1 automation vehicle the driver and the automated system both share controls of the vehicle. Level 1 automation aids in increasing the efficiency of the vehicle by offering an optimum level of manual control. According to a report published by Grand View Research Inc., the global demand of the semi-autonomous vehicles market reached 14.22 million units in the year 2020.Market studies say that North America was dominating the global semi-autonomous vehicle market in 2020. It held a volume share of 31%. 

Access Research Report of Semi-Autonomous Vehicle Market @ https://www.grandviewresearch.com/industry-analysis/semi-autonomous-vehicle-market

Semi-Autonomous Vehicle Market Report Highlights

  • The level 3 automation segment is expected to emerge as the fastest-growing segment over the forecast period. Level 3 automation offers technological advancement with environmental detection capabilities, capable of making informed decisions such as overtake slow-moving vehicles, traffic maneuverability, and smart obstacle detection
  • The commercial vehicle segment is expected to register the highest CAGR over the forecast period. The deployment of semi-autonomous driving solution in commercial vehicles ensures safe movement of products and goods, thus allowing the driver to maintain good health and posture
  • The Asia Pacific region is expected to dominate the market over the forecast period. This can be attributed to the presence of the AI hubs in countries such as China, Japan, Singapore, and India; which offers a conducive environment for the semi-autonomous market

Access Press Release of Semi-Autonomous Vehicle Market @ https://www.grandviewresearch.com/press-release/global-semi-autonomous-vehicle-market

Comments

Post a Comment

Popular posts from this blog

Asia Pacific PoC Diagnostics Market Growth Opportunities, Industry Analysis And Forecast: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Asia Pacific PoC Diagnostics Market  Analysis And Segment Forecasts To 2020 The Asia Pacific point of care (PoC) diagnostics market is expected to reach USD 5,427.1 million by 2020, according to a new study by Grand View Research, Inc. Growing base of geriatric population and the ability to render immediate results and improve patient care coupled with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) are expected to drive demand over the next six years. Skilled staff shortages, especially pertaining to the field of diagnostics are also expected to accelerate the market penetration rates of PoC products, by expediting lab automation processes. Rising demand for home healthcare and other healthcare establishments catering to the elderly population and initiatives undertaken by governments to shorten hospital stays by establishing out-patient care models are also expect
Read more

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Image
  San Francisco, 21 Jan 2022:   The Report  U.K. Point Of Sale Software Market  Size, Share & Trends Analysis Report By Application (Fixed POS, Mobile POS), By Deployment, By Organization Size, By End-user, And Segment Forecasts, 2021 - 2028 The global U.K. point of sale software market size is expected to reach USD 1.05 billion by 2028, expanding at a CAGR of 8.1% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The integration of a Point-Of-Sale (POS) solution with capabilities such as sales reports monitoring, cash flow recording, product demand analysis, tracking delivery status, and inventory management ensure systematic functioning and upscaling of a business. The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry's business, wherein retail stores, restaurants, and hot
Read more