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
Toyota To Start Producing Batteries For Hybrid Cars In Thailand
MaaS Alliance: MaaS - From Hype To Delivery
German Self-Driving Vehicle Market To Expand
Valeo And Japan’s NTT Docomo Partner To Develop Connected Car Services
HERE Technologies Opens Self-driving Car R&D Site In North America
Uber Acquires Bike Sharing Program JUMP
Automobili Pininfarina, The World’s Newest Sustainable Luxury Car Brand, Launched By Mahindra
BMW Opens Its Autonomous Driving Campus Near Munich
Kia Introduces UVO Skill For Amazon Alexa To Enable Voice Controls
World’s First Road To Recharge EVs While Driving Inaugurated In Sweden
Are We Ready To Handover To Driverless Technology?
Bosch And E.GO Bring Automated Valet Parking Parking To Aachen
Poor Support For EV Charging Infrastructure Hampers Adoption
EVgo And Maven Gig To Construct Fast Charging Network
High-tech And Lounge Appeal At The European Premiere Of The BYTON Concept
Fastned Will Build And Operate Fast Charging Stations In Newcastle And Sunderland
ABI Research Forecasts 8 Million Vehicles To Ship With SAE Level 3, 4 And 5 Autonomous Technology In 2025
The Volkswagen Group Makes Lisbon A Software Development Centre
Indian Ride Hailing Company Ola Acquires Ridlr
Volkswagen Group Testing Autonomous Parking At Hamburg Airport
Volkswagen Gets Into A Strategic Partnership With Japan’s Hino Motors
Uber Adding Multiple Modes Of Transport Right In Their App
Ridecell: The Future Of Mobility As A Service And How To Prepare For Autonomous Mobility As A Service
OVO Launches The World’s First Widely Available Domestic Vehicle-to-grid Charger
Info
Info
Your First Name
Your Email Address
Next »Close
 
×
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