New Research: Lucintel Predicts a Bright Future for the Autonomous Car Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Autonomous Car Market”?

This market report for autonomous cars identifies and predicts future opportunities for growth in autonomous cars market for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for autonomous cars in the passenger cars, light commercial vehicle, and electric vehicles markets.

According to Lucintel’s market report, the autonomous cars market is expected to grow with a CAGR of 47% from 2019 to 2024. Some of the dominant players in the autonomous cars market are Audi, BMW, Ford Motor Company, General Motors Company, Nissan Motor Company, Tesla Motors, Volvo Group, Toyota Motor Corporation, and Waymo, and others.

There are some interesting developments in autonomous cars market as competition heats up and players try to increase their market share. Some of the major drivers for this market are the significantly growing number of accidents, supportive government initiatives and policies for the self-driving technology, high investment in R&D activities for the development of self-driving technology, and development of road and telecom infrastructure.

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