About Level 3 Autonomous Vehicles

An autonomous vehicle is a vehicle that is able to navigate and drive without any human intervention. This vehicle is equipped with an array of on-board sensors like LiDAR (light detection and ranging), radar, high resolution camera, sonars, laser scanners, and three dimensional (3D) cameras among others to gather and process information about its surroundings and navigate. The Society of Automotive Engineers (SAE) International has released a new standard J3016 for autonomous vehicles.

Technavio’s analysts forecast the global level 3 autonomous vehicle to grow at a CAGR of 23.08% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global level autonomous vehicle market for 2017-2021. To calculate the market size, the report considers a combination of top-down and bottom-up approaches.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Level 3 Autonomous Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Bosch
• Continental
• Delphi
• Mobileye
• Velodyne

Other prominent vendors
• Apple
• Baidu
• Google
• LeddarTech
• Magna International
• NVIDIA
• Quanergy Systems
• Uber
Market driver
• Increased demand for driver assistance system
• For a full, detailed list, view our report

Market challenge
• Accidents due to undefined safety parameters
• For a full, detailed list, view our report

Market trend
• Over the air updates for automotive software
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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