The automotive industry is one of the manufacturing sector's most powerful pillars. The global automobile industry accounts for 13% of the sector's turnover, output, and investment. The development of autonomous vehicles has the potential to impact the global automotive sector significantly. New providers may be able to break into the market if they can combine technology advantage with vehicle construction competence, which can also be brought in by conventional manufacturers and suppliers.
- Definition / Scope
- Market Overview
- Market Risks
- Top Market Opportunities
- Market Drivers
- Market Restraints
- Industry Challenges
- Technology Trends
- Pricing Trends
- Regulatory Trends
- Post COVID-19 Recovery
- Market Size and Forecast
- Market Outlook
- Technology Roadmap
- Distribution Chain Analysis
- Competitive Landscape
- Competitive Factors
- Key Market Players
- Strategic Conclusion
- Further Reading
Definition / Scope
Many industries and economies are changing rapidly today, powered by the emerging-market growth, innovation and sustainability policies. In addition, digitization and new business models have revolutionized every industry and there will be no exception in the automotive sector.
The advent of autonomous vehicles and other revolutionary technology could provide solutions to some of our most challenging social issues such as the high cost of traffic accidents and transportation infrastructure, traffic congestion and curbing the growing need for parking lots.
The automotive industry is currently developing and implementing sensor-based solutions to improve vehicle safety, known as Advanced Driver Assist Systems (ADAS), which uses a combination of advanced sensors such as stereo cameras and RADAR, together with actuators, control units and integrated software to allow vehicles to track and respond to their environment.
Levels of Driving Automation is as in the below table
|Level||Name||Execution of steering and acceleration/ deceleration||Monitoring of driving environment||Fallback performance of dynamic driving task|
|Human driver monitors the driving environment|
|0||No automation||Human driver||Human driver||Human driver|
|1||Driver assistance||Human driver and system||Human driver||Human driver|
|2||Partial automation||System||Human driver||Human driver|
|Automated driving system (“system”) monitors the driving environment|
|3||Conditional automation||System||System||Human driver|