Info
Info

German Self-Driving Vehicle Market to Expand

News

German Government's Initiative Will Lead the Germany Automotive Industry in Global Autonomous Vehicles Ecosystem

Info

German automotive OEMs accounts for manufacturing of about 70% premium automobiles produced across the globe. Multiple companies are developing and researching on prototypes of autonomous vehicles, but the technology is not expected to be available for mass market before 2020. In the same trend, the German government is also strengthening the development of self-driving vehicles in the country. Under new legal frameworks of semi-autonomous cars are ready to hit the road for prototype analysis, so that German automotive giants can develop and work on prototypes in their homeland.

Germany will continue to lead the arena in automated vehicle expertise. Moreover, almost all nations saw their position in this aspect improve over the past 12 months due to the amplification of research activities around the world. A key factor of this development is the fact that considerable amounts of money are now being poured into a large number of international research projects.

Germany Self-Driving Vehicle Market report covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders in the self-driving vehicle industry. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler, and others. Our primary research team conducted various interviews, surveys and group discussions of industry professionals, self-driving vehicle manufacturers, aftermarket vendors and component suppliers to analyze the future prospects of the overall self-driving vehicle industry.


GermanySelf Driving Vehicle Market Segmentation
can be classified on the basis of:-


  • By Technology
    • Driver Assistance
    • Semi-Autonomous
    • High Autonomous
    • Full Automation
  • By Vehicle Type
    • Passenger Cars
    • Commercial Vehicles
  • By Components
    • Software
      • Applications
      • Operating systems
    • Hardware
      • Cameras
      • GPS systems
      • Communication Systems
      • Sensors

Market Trends, Drivers, and Challenges

Self-driving vehicles industry in Germany is primarily driven by the autonomous vehicle's advantages over conventional cars such as increased road safety, fuel efficiency. As Germany is the major hub for new automotive technology development the market players are placing huge bets on this revolutionary technology. In Germany, where employment is directly or indirectly based on the automobile industry, outline and employment of legal framework in favor of autonomous cars specify that Germany is looking for long-term implications of self-driving vehicles technology. Additionally, major vehicle manufacturers and component suppliers in Germany are planning to invest about USD 17.0 billion to USD 20.0 billion above digitization, over the next few years to support government policy of making Germany a global leader in the autonomous vehicle market.


The Latest News, Brought To You By
German Self-Driving Vehicle Market to Expand
Modified on Friday 13th April 2018
Find all articles related to:
German Self-Driving Vehicle Market to Expand
TaaS Technology Magazine
Info
Qiantu Motor To Bring Its EVs To The North American Market
Bosch Testing Fully Renewable Diesel Fuel
DeepMap To Provide HD Mapping Solutions For Einride And Ridecell
Nissan Inaugurates Its Global Digital Hub In India
Delphi And Valeo Join The Auto-ISAC Cybersecurity Platform
Rohde & Schwarz And Huawei Conduct Field Trial Precision Latency Measurements For 5G C-V2X Communication
Tier IV, Apex.AI And Linaro Launch The Autoware Foundation
Hyundai Unveils Its New ‘FCEV Vision 2030’ Plan
HERE And INRIX Partner To Further The Future Of Mobility
BMW Group Appoints New Lead For Its Driver Assistance And Autonomous Driving Development Department
Audi Expands Coverage Of Its Premium Mobility Service, On Demand+
SoftBank Makes Fresh Investment In Tech-enabled Parking Service, ParkJockey
Scania Develops Fuel Cell Based Refuse Truck
Mercedes-Benz To Offer 130 Electrified Models By 2022
Ricardo To Collaborate With Authorities In Chinese City Of Shangrao To Develop New NEVs
Samsung And KOTSA To Build 5G–V2X Test Zone At K-City
EU Partners With MOBILus Consortium To Develop A Community On Urban Mobility
Neil M. Schloss To Join Karamba Security’s Board Of Directors
Innogy To Supply Charging Infrastructure To Skidata Italia
Alfa Power Launch Its Ultra-fast 120kW EV Charger In UK
JAC Volkswagen To Open New R&D Centre To Better Serve Customers In China
Opel To Launch Electrified Version Of The Grandland X And Corsa In 2019
KBA Approves Series Production Of DHL’s Electric Van, The Street Scooter Work
AVL And TNO Collaborate To Accelerate Validation Of Self-driving Vehicles Technologies
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info