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Level 3 Autonomous Vehicle Market, Global Outlook and Forecast 2023-2029

Level 3 Autonomous Vehicle Market, Global Outlook and Forecast 2023-2029

  • Published on : 16 June 2023
  • Pages :61
  • Report Code:SMR-7724444

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Report overview

An autonomous car (also known as a driverless car and a self-driving car)[1] is a vehicle that is capable of sensing its environment and navigating without human input. Autonomous cars combine a variety of techniques to perceive their surroundings, including radar, laser light, GPS, odometry, and computer vision. Advanced control systems interpret sensory information to identify appropriate navigation paths, as well as obstacles and relevant signage.
This report contains market size and forecasts of Level 3 Autonomous Vehicle in Global, including the following market information:
Global Level 3 Autonomous Vehicle Market Size 2024-2029, ($ millions)
The global Level 3 Autonomous Vehicle market is projected to reach US$ million by 2029.
In level 3 , also called "eyes off" level, autonomous car, the driver can safely turn their attention away from the driving tasks, e.g. the driver can text or watch a movie. The vehicle will handle situations that call for an immediate response, like emergency braking. The driver must still be prepared to intervene within some limited time, specified by the manufacturer, when called upon by the vehicle to do so. As an example, the 2018 Audi A8 Luxury Sedan was the first commercial car to claim to be capable of level 3 self-driving.
We surveyed the Level 3 Autonomous Vehicle companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Level 3 Autonomous Vehicle Market, by Type, 2024-2029 ($ millions)
Global Level 3 Autonomous Vehicle Market Segment Percentages, by Type
Light Commercial Vehicle
Heavy Commercial Vehicle
Passenger Vehicle
Global Level 3 Autonomous Vehicle Market, by Application, 2024-2029 ($ millions)
Global Level 3 Autonomous Vehicle Market Segment Percentages, by Application
Home Use
Commercial Use
Global Level 3 Autonomous Vehicle Market, By Region and Country, 2024-2029 ($ Millions)
Global Level 3 Autonomous Vehicle Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Continental
Delphi
Mobileye
Velodyne
Apple
Baidu
Google
LeddarTech
Magna International
Nvidia
Quanergy Systems
Uber